Platinum Solar Private Limited

Develops and manages a 2 MW solar project in Telangana with a 20-year PPA.

2015 | Hyderabad, Telangana (India) | Active
Last Updated:

Platinum Solar Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.35 Cr
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth 3.28%
  • Profit Growth 10.85%
  • Ebitda 1.45%
  • Net Worth 6.07%
  • Total Assets -10.43%

About Platinum Solar

Platinum Solar Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 April 2015 (Nine years and 11 months 1 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹8.35 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeswari Kottamanchi, Kambham Reddy, and Prasada Kambham serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40102TG2015PTC098722

  • Company No.

    098722

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Environment

Who are the key members and board of directors at Platinum Solar?

Board Members (3)

NameDesignationAppointment DateStatus
Rajeswari Kottamanchi Country flag representing In Director 11-Mar-2016Current
Kambham Reddy Country flag representing In Director 17-Jul-2020Current
Prasada Kambham Country flag representing In Director 25-Jan-2016Current

Financial Performance of Platinum Solar.

Platinum Solar Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.28% increase. The company also saw a substantial improvement in profitability, with a 10.85% increase in profit. The company's net worth moved up by a moderate rise of 6.07%.

Platinum Solar revenue growth over time
Platinum Solar profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.28%
Revenue from Operations
1.82%
Total Assets
-10.43%
Profit or Loss
10.85%
Net Worth
6.07%
EBITDA
1.45%

What is the Ownership and Shareholding Structure of Platinum Solar?

In 2023, Platinum Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.35 Cr

Satisfied Charges

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.35 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2020Hdfc Bank Limited₹8.35 CrOpen
10 Mar 2016Yes Bank Limited₹11.00 CrSatisfied

How Many Employees Work at Platinum Solar?

Unlock and access historical data on people associated with Platinum Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Platinum Solar Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Platinum Solar, 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 Platinum Solar's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Platinum Solar

Recent activity within the organization

  • Annual General Meeting

    Platinum Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Platinum Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.35 Cr registered on 26 Aug 2020 with Charge ID 100366247 was modified on 21 Dec 2020.

  • Charges

    A charge registered on 10 Mar 2016 via Charge ID 100027605 with Yes Bank Limited was fully satisfied on 05 Oct 2020.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.35 Cr with Charge ID 100366247 was registered on 26 Aug 2020.

  • Director Appointment

    Kambham Vandana Reddy was appointed as a Director was appointed as a Director on 17 Jul 2020 & has been associated with this company since 4 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Platinum Solar Private Limited?

    Platinum Solar Private Limited was incorporated on 30 Apr 2015.

  • What is authorized share capital and paid-up capital of Platinum Solar Private Limited?

    The authorized share capital of Platinum Solar Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Platinum Solar Private Limited?

    Currently 3 directors are associated with Platinum Solar Private Limited.

    • Rajeswari Kottamanchi
    • Kambham Vandana Reddy
    • Prasada Reddy Kambham

  • What is the registered address of Platinum Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Solar Private Limited is 1St Floor The Mahaveer Watermark Plot No 11 Sy 9, Hitech City India, Serilingampally, Telangana, 500084.

  • What is the corporate identification number (CIN) and company number of Platinum Solar Private Limited?

    The corporate identification number (CIN) of Platinum Solar Private Limited is U40102TG2015PTC098722 and the company number is 098722 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Platinum Solar Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Platinum Solar Private Limited has risen by 3.28%.

  • What change has been observed in the net worth of Platinum Solar Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Platinum Solar Private Limited has experienced an upsurge of 6.07%.

  • What are the total open charges for Platinum Solar Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Platinum Solar Private Limited amount to ₹ 8.35 Cr.

  • When was the last Balance Sheet of Platinum Solar Private Limited filed with the ROC?

    The most recent Balance Sheet for Platinum Solar Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed