Porbandar Solar Power Limited

Produces and distributes solar energy through a photovoltaic power plant.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Porbandar Solar Power Profile

Key Indicators

  • Authorised Capital ₹ 7.55 Cr
  • Paid Up Capital ₹ 7.02 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 117.72 Cr
  • Satisfied Charges ₹ 347.08 Cr
  • Revenue Growth -4.07%
  • Profit Growth -99.64%
  • Ebitda -45.99%
  • Net Worth 0.18%
  • Total Assets -0.87%

About Porbandar Solar Power

Porbandar Solar Power Limited (PSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 September 2008 and has a history of 16 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Moser Baer Energy & Development Limited. 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 7.55 Cr and a paid-up capital of Rs 7.02 Cr.

The company currently has active open charges totaling ₹117.72 Cr. The company has closed loans amounting to ₹347.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirad Deshpande, Rajeev Sharma, and Bharat Rathi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ2008PLC107118

  • Company No.

    107118

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

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

Board Members (3)

NameDesignationAppointment DateStatus
Nirad Deshpande Country flag representing In Nominee Director 04-Nov-2022Current
Rajeev Sharma Country flag representing In Director 06-Jul-2021Current
Bharat Rathi Country flag representing In Director 29-Aug-2017Current

Financial Performance of Porbandar Solar Power.

Porbandar Solar Power Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.07% decrease. The company also saw a substantial fall in profitability, with a 99.64% decrease in profit. The company's net worth moved up by a moderate rise of 0.18%.

Porbandar Solar Power revenue growth over time
Porbandar Solar Power 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
-4.07%
Revenue from Operations
-3.68%
Total Assets
-0.87%
Profit or Loss
-99.64%
Net Worth
0.18%
EBITDA
-45.99%

What is the Ownership and Shareholding Structure of Porbandar Solar Power?

In 2021, Porbandar Solar Power 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

₹117.72 Cr

Satisfied Charges

₹347.08 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 117.72 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2017Sbicap Trustee Company Limited₹117.72 CrOpen
21 Jan 2019Sbicap Trustee Company Limited₹12.60 CrSatisfied
04 Apr 2016Others₹126.70 CrSatisfied
04 Apr 2016Others₹45.00 CrSatisfied
23 Dec 2011Bank Of Baroda (Corporate Financial Services Branch)₹162.78 CrSatisfied

How Many Employees Work at Porbandar Solar Power?

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

Employee growth trends for Porbandar Solar Power Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Porbandar Solar Power, 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 Porbandar Solar Power'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 Porbandar Solar Power

Recent activity within the organization

  • Charges

    A charge registered on 21 Jan 2019 via Charge ID 100238261 with Sbicap Trustee Company Limited was fully satisfied on 14 Oct 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Porbandar Solar Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 117.72 Cr registered on 16 Jun 2017 with Charge ID 100126415 was modified on 04 Jul 2023.

  • Director Appointment

    Nirad Vijay Deshpande was appointed as a Nominee Director was appointed as a Nominee Director on 04 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Rajeev Sharma was appointed as a Director was appointed as a Director on 06 Jul 2021 & has been associated with this company since 3 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Porbandar Solar Power Limited?

    Porbandar Solar Power Limited was incorporated on 01 Sep 2008.

  • What is authorized share capital and paid-up capital of Porbandar Solar Power Limited?

    The authorized share capital of Porbandar Solar Power Limited is ₹ 7.55 Cr and paid-up capital is ₹ 7.02 Cr.

  • Who are the current board members & directors of Porbandar Solar Power Limited?

    Currently 3 directors are associated with Porbandar Solar Power Limited.

    • Nirad Vijay Deshpande
    • Rajeev Sharma
    • Bharat Rathi
  • What is the registered address of Porbandar Solar Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Porbandar Solar Power Limited is 906-907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, India, Ahmedabad, Gujarat, 380015.

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

    The corporate identification number (CIN) of Porbandar Solar Power Limited is U40106GJ2008PLC107118 and the company number is 107118 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Porbandar Solar Power Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Porbandar Solar Power Limited has fallen by -4.07%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Porbandar Solar Power Limited has experienced an upsurge of 0.18%.

  • What are the total open charges for Porbandar Solar Power Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Porbandar Solar Power Limited amount to ₹ 117.72 Cr.

  • When was the last Balance Sheet of Porbandar Solar Power Limited filed with the ROC?

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

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