Playsolar Systems Private Limited

Develops rooftop solar systems and supplies materials for solar-powered mini-grids, offers cloud monitoring solution.

2015 | Bengaluru, Karnataka (India) | Active
Last Updated: July 07, 2024

Playsolar Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.94 M
  • Revenue Growth 523.44%
  • Profit Growth 243.44%
  • Ebitda 836.13%
  • Net Worth 120.51%
  • Total Assets -17.80%

About Playsolar Systems

Playsolar Systems Private Limited (PSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 May 2015 (Nine years and nine months 20 days old ). Its registered office is in Bengaluru, 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 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹7.94 M.

Aarthy Sowmyanarayanan, Archana Sowmyanarayanan, and Mukundan serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    playsolar.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC080211

  • Company No.

    080211

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 May 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Playsolar Systems Private Limited offer?

Playsolar Systems Private Limited offers a wide range of products and services, including Solar Power Plants, Solar Power Systems, Repair & Maintenance Services, Industrial Repairing Service, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Environmental Consultants, Residential Solar Power Solutions, On Grid Solar Power Systems, Civil Engineering Service.

Who are the key members and board of directors at Playsolar Systems?

Board Members (3)

NameDesignationAppointment DateStatus
Aarthy Sowmyanarayanan Country flag representing In Director 08-May-2015Current
Archana Sowmyanarayanan Country flag representing Us Director 08-May-2015Current
Mukundan Country flag representing Us Director 09-Jul-2015Current

Financial Performance of Playsolar Systems.

Playsolar Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 523.44% increase. The company also saw a substantial improvement in profitability, with a 243.44% increase in profit. The company's net worth Soared by an impressive increase of 120.51%.

Graph illustrating revenue growth over time
Graph showing 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
523.44%
Revenue from Operations
524.71%
Total Assets
-17.80%
Profit or Loss
243.44%
Net Worth
120.51%
EBITDA
836.13%

What is the Ownership and Shareholding Structure of Playsolar Systems?

In 2023, Playsolar Systems had a promoter holding of 97.24% and a public holding of 2.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.94 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr
  • Yes Bank Limited : 0.29 Cr

Latest Charge Details

DateLenderAmountStatus
23 Oct 2023Others₹5.00 MOpen
28 Aug 2017Yes Bank Limited₹2.94 MOpen

How Many Employees Work at Playsolar Systems?

Playsolar Systems has a workforce of 2 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Playsolar Systems, 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 Playsolar Systems'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 Playsolar Systems

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100818367 was registered on 23 Oct 2023.

    23 Oct 2023

  • Annual General Meeting

    Playsolar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Playsolar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 2.94 M registered on 28 Aug 2017 with Charge ID 100118873 was modified on 28 Oct 2020.

    28 Oct 2020

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 2.94 M with Charge ID 100118873 was registered on 28 Aug 2017.

    28 Aug 2017

  • Director Appointment

    Mukundan was appointed as a Director was appointed as a Director on 09 Jul 2015 & has been associated with this company since 9 years 7 months .

    09 Jul 2015

Frequently asked questions

  • Playsolar Systems Private Limited was incorporated on 08 May 2015.

  • The authorized share capital of Playsolar Systems Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Playsolar Systems Private Limited.

    • Aarthy Sowmyanarayanan
    • Archana Sowmyanarayanan
    • Mukundan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Playsolar Systems Private Limited is No.17/B Ground Floor 1St Main 1St C Cross Manuvana Vijayanagar, Bengaluru, Karnataka, India, 560040.

  • The corporate identification number (CIN) of Playsolar Systems Private Limited is U74900KA2015PTC080211 and the company number is 080211 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Playsolar Systems Private Limited is https://www.playsolar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Playsolar Systems Private Limited has risen by 523.44%.

  • As Per 2023 financial reports, 2 employees are currently employed by Playsolar Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Playsolar Systems Private Limited has experienced an upsurge of 120.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Playsolar Systems Private Limited amount to ₹ 7.94 M.

  • The most recent Balance Sheet for Playsolar Systems Private Limited was filed with the ROC on 31 Mar 2023.