Phovoezolar Energy Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.16 M
- Company Age 7 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.48 Cr
- Satisfied Charges ₹ 5.10 M
- Revenue Growth 23.61%
- Profit Growth -5244.63%
- Ebitda -146.18%
- Net Worth 63.75%
- Total Assets 52.94%
About Phovoezolar Energy
Phovoezolar Energy Private Limited (PEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 July 2017 (Seven years and six months 9 days old ). Its registered office is in Belgaum, Karnataka, India.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.16 M.
The company currently has active open charges totaling ₹7.48 Cr. The company has closed loans amounting to ₹5.10 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Phovoezolar Energy Private Limited India is Maahir Danewale as CEO. Veerabhadrappa Desai, Maahir Danewale, Paramanand Gulabani, and One other member serve as directors at the Company.
Company Details
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Location
Belgaum, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U74999KA2017PTC104948
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Company No.
104948
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Jul 2017
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Phovoezolar Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maahir Danewale
|
CEO | 28-Jul-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Naveen Kaluti
|
Director | 07-Jul-2022 | Current |
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Maahir Danewale
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Director and Ceo | 24-Jul-2017 | Current |
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Veerabhadrappa Desai
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Director | 24-Jul-2017 | Current |
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Paramanand Gulabani
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Director | 08-Jun-2021 | Current |
Financial Performance of Phovoezolar Energy.
Phovoezolar Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.61% increase. The company also saw a substantial fall in profitability, with a 5244.63% decrease in profit. The company's net worth Soared by an impressive increase of 63.75%.
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What is the Ownership and Shareholding Structure of Phovoezolar Energy?
In 2022, Phovoezolar Energy had a promoter holding of 67.38% and a public holding of 32.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ezolar Power Private LimitedVeerabhadrappa Desai and Maahir Danewale are mutual person
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Green Leverage Partners Limited Liabilit Y PartnershipVeerabhadrappa Desai and Maahir Danewale are mutual person
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Phovoezolar Park 1 Private Limited
Veerabhadrappa Desai and Maahir Danewale are mutual person
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Solazen Private Limited
Naveen Kaluti is a mutual person
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Xonix Software Services Private Limited
Naveen Kaluti is a mutual person
Charges (Loans)
₹74.80 M
₹5.10 M
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
- State Bank Of India : 3.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2024 | Others | ₹4.00 Cr | Open |
| 24 Feb 2023 | State Bank Of India | ₹1.08 Cr | Open |
| 03 Jul 2021 | State Bank Of India | ₹2.40 Cr | Open |
| 02 May 2019 | State Bank Of India | ₹5.10 M | Satisfied |
How Many Employees Work at Phovoezolar Energy?
Unlock and access historical data on people associated with Phovoezolar Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Phovoezolar Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Phovoezolar Energy's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
