Poly Solar Parks Private Limited

Constructs solar power plants since 2013, based in Hyderabad, Telangana.

2013 | Hyderabad, Telangana (India) | Active
Last Updated: January 11, 2025

Poly Solar Parks Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.91 M
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 627.60 Cr
  • Satisfied Charges ₹ 964.00 Cr
  • Revenue Growth -9.70%
  • Profit Growth -335.98%
  • Ebitda -13.70%
  • Net Worth -1.81%
  • Total Assets 0.94%

About Poly Solar Parks

Poly Solar Parks Private Limited (PSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 2013 and has a history of 11 years and four months. Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.91 M.

The company currently has active open charges totaling ₹627.60 Cr. The company has closed loans amounting to ₹964.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nidasanametla Seshagiri and Srinivas Popuri serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sunedison.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40105TG2013PTC090536

  • Company No.

    090536

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2013

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

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

Board Members (2)

NameDesignationAppointment DateStatus
Nidasanametla Seshagiri Country flag representing In Director 27-Oct-2016Current
Srinivas Popuri Country flag representing In Director 06-Dec-2019Current

Financial Performance of Poly Solar Parks.

Poly Solar Parks Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.7% decrease. The company also saw a substantial fall in profitability, with a 335.98% decrease in profit. The company's net worth dipped by a decrease of 1.81%.

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
-9.70%
Revenue from Operations
-9.64%
Total Assets
0.94%
Profit or Loss
-335.98%
Net Worth
-1.81%
EBITDA
-13.70%

What is the Ownership and Shareholding Structure of Poly Solar Parks?

In 2021, Poly Solar Parks 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

₹6,276.00 M

Satisfied Charges

₹9,640.00 M

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 627.60 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2021Idbi Trusteeship Services Limited₹500.00 CrOpen
25 Oct 2017Idbi Trusteeship Services Limited₹127.60 CrOpen
26 Jun 2020Others₹275.00 CrSatisfied
22 Jul 2019Others₹275.00 CrSatisfied
21 Jun 2016Others₹266.00 CrSatisfied

How Many Employees Work at Poly Solar Parks?

Poly Solar Parks has a workforce of 18 employees as of Apr 01, 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 Poly Solar Parks, 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 Poly Solar Parks'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 Poly Solar Parks

Recent activity within the organization

  • Annual General Meeting

    Poly Solar Parks Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 5,000.00 M registered on 25 Jun 2021 with Charge ID 100457327 was modified on 23 Feb 2022.

    23 Feb 2022

  • Charges

    A charge registered on 26 Jun 2020 via Charge ID 100356071 with Others was fully satisfied on 06 Aug 2021.

    06 Aug 2021

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 5,000.00 M with Charge ID 100457327 was registered on 25 Jun 2021.

    25 Jun 2021

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 1,276.00 M registered on 25 Oct 2017 with Charge ID 100139998 was modified on 24 Jun 2021.

    24 Jun 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Poly Solar Parks Private Limited was incorporated on 14 Oct 2013.

  • The authorized share capital of Poly Solar Parks Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.91 M.

  • Currently 2 directors are associated with Poly Solar Parks Private Limited.

    • Nidasanametla Rao Seshagiri
    • Srinivas Popuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Poly Solar Parks Private Limited is Plot No. 13 Sy.No.64 Part Block-D First Floor Hitech City Layout, Madhapur Village India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Poly Solar Parks Private Limited is U40105TG2013PTC090536 and the company number is 090536 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Poly Solar Parks Private Limited is https://www.sunedison.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Poly Solar Parks Private Limited has fallen by -9.70%.

  • As Per 2022 financial reports, 18 employees are currently employed by Poly Solar Parks Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Poly Solar Parks Private Limited has experienced an downturn of -1.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Poly Solar Parks Private Limited amount to ₹ 627.60 Cr.

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

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