Pmea Solar Tech Solutions Private Limited

Manufactures steel furniture, lighting systems, solar mountings, and automobile assemblies.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: May 15, 2024

Pmea Solar Tech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.24 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 494.31 Cr
  • Satisfied Charges ₹ 397.92 Cr
  • Revenue Growth 19.46%
  • Profit Growth -52.00%
  • Ebitda 19.73%
  • Net Worth 19.79%
  • Total Assets 32.49%

About Pmea Solar Tech Solutions

Pmea Solar Tech Solutions Private Limited (PSTSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 2006 and has a history of 18 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automobiles 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 15.00 Cr and a paid-up capital of Rs 11.24 Cr.

The company currently has active open charges totaling ₹494.31 Cr. The company has closed loans amounting to ₹397.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pmea Solar Tech Solutions Private Limited India is Jheel Talesra as COMPANY SECRETARY. Sandeep Navinchandra, Vishal Navin, Kapil Sanghvi, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pmealtd.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29219MH2006PTC161285

  • Company No.

    161285

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2006

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automobiles

What products or services does Pmea Solar Tech Solutions Private Limited offer?

Pmea Solar Tech Solutions Private Limited offers a wide range of products and services, including Electromechanical Switches, Rotary Switch, Automotive Body Parts, Hanging Light, Pendant Light, LED Tube Light, Philips LED Tube Light, Lighting Fixtures, Electric Lighting, Street Lights.

Who are the key members and board of directors at Pmea Solar Tech Solutions?

Executive Team (2)

NameDesignationAppointment DateStatus
Sandeep Navinchandra Country flag representing In Managing Director21-Apr-2006Current
Jheel Talesra Company Secretary28-Dec-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Vishal Navin Country flag representing In Director 21-Apr-2006Current
Kapil Sanghvi Country flag representing In Director 21-Apr-2006Current
Samir Pravin Country flag representing In Director 21-Apr-2006Current

Financial Performance of Pmea Solar Tech Solutions.

Pmea Solar Tech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.46% increase. The company also saw a substantial fall in profitability, with a 52% decrease in profit. The company's net worth Soared by an impressive increase of 19.79%.

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
19.46%
Revenue from Operations
26.43%
Total Assets
32.49%
Profit or Loss
-52.00%
Net Worth
19.79%
EBITDA
19.73%

What is the Ownership and Shareholding Structure of Pmea Solar Tech Solutions?

In 2023, Pmea Solar Tech Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹494.31 Cr

Satisfied Charges

₹397.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 445.86 Cr
  • Hdfc Bank Limited : 26.35 Cr
  • Tata Capital Financial Services Limited : 20.00 Cr
  • Standard Chartered Bank : 2.00 Cr
  • Citi Bank N.A. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2024Hdfc Bank Limited₹0.95 MOpen
11 Jan 2024Hdfc Bank Limited₹0.95 MOpen
11 Jan 2024Hdfc Bank Limited₹0.95 MOpen
05 Jan 2024Others₹4.05 CrOpen
30 Sep 2023Others₹35.00 CrOpen

How Many Employees Work at Pmea Solar Tech Solutions?

Pmea Solar Tech Solutions has a workforce of 201 employees as of Apr 03, 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 Pmea Solar Tech Solutions, 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 Pmea Solar Tech Solutions'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 Pmea Solar Tech Solutions

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 03 Oct 2017 with Charge ID 100242129 was modified on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge registered on 02 Mar 2022 via Charge ID 100543132 with Others was fully satisfied on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100430901 with Others was fully satisfied on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge registered on 22 Feb 2007 via Charge ID 10040869 with Others was fully satisfied on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge registered on 18 Aug 2006 via Charge ID 10018450 with Others was fully satisfied on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge registered on 12 Sep 2022 via Charge ID 100619490 with Yes Bank Limited was fully satisfied on 22 Feb 2024.

    22 Feb 2024

Frequently asked questions

  • Pmea Solar Tech Solutions Private Limited was incorporated on 21 Apr 2006.

  • The authorized share capital of Pmea Solar Tech Solutions Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.24 Cr.

  • Currently 5 directors are associated with Pmea Solar Tech Solutions Private Limited.

    • Sandeep Sanghvi Navinchandra
    • Vishal Sanghvi Navin
    • Kapil Pravinchandra Sanghvi
    • Samir Sanghvi Pravin
    • Jheel Mahesh Talesra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pmea Solar Tech Solutions Private Limited is 406 Western Edge Ii A Wing, Western Express Highway Cci Compound Borivali East, Mumbai, Maharashtra, India, 400066.

  • The corporate identification number (CIN) of Pmea Solar Tech Solutions Private Limited is U29219MH2006PTC161285 and the company number is 161285 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pmea Solar Tech Solutions Private Limited is https://www.pmealtd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pmea Solar Tech Solutions Private Limited has risen by 19.46%.

  • As Per 2023 financial reports, 201 employees are currently employed by Pmea Solar Tech Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pmea Solar Tech Solutions Private Limited has experienced an upsurge of 19.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pmea Solar Tech Solutions Private Limited amount to ₹ 494.31 Cr.

  • The most recent Balance Sheet for Pmea Solar Tech Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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