Power Exchange India Profile
Key Indicators
- Authorised Capital ₹ 120.00 Cr
- Paid Up Capital ₹ 58.47 Cr
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 38.23%
- Profit Growth 37.30%
- Ebitda 50.45%
- Net Worth 44.90%
- Total Assets -15.31%
About Power Exchange India
Power Exchange India Limited (PEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 February 2008 and has a history of 17 years and two months. Its registered office is in Mumbai, Maharashtra, 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 120.00 Cr and a paid-up capital of Rs 58.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Power Exchange India Limited India are Sunil Hingwani as Company Secretary, Shekhar Rao as Cfo, and Satyajit Ganguly as Ceo. Pramod Vaishya, Deepak Lad, Satyajit Ganguly, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900MH2008PLC179152
- Company No.
179152
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Feb 2008
- Date of AGM
05 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Energy and Power
Power Exchange India Limited
Explore comprehensive data for Power Exchange India Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Power Exchange India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyajit Ganguly  | Managing Director | 27-Jun-2023 | Current |
| Sunil Hingwani | Company Secretary | 19-Jul-2017 | Current |
| Shekhar Rao | CFO | 01-Apr-2016 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atul Roongta | Director | 01-Dec-2017 | Current |
| Pramod Vaishya | Director | 27-Aug-2015 | Current |
| Deepak Lad | Director | 01-Apr-2024 | Current |
| Ian Desouza | Director | 06-Aug-2024 | Current |
| Avinash Mohan | Director | 08-Aug-2023 | Current |
| Harish Ahuja | Director | 18-May-2023 | Current |
Financial Performance of Power Exchange India.
Power Exchange India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.23% increase. The company also saw a substantial improvement in profitability, with a 37.3% increase in profit. The company's net worth Soared by an impressive increase of 44.9%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Power Exchange India?
In 2023, Power Exchange India had a promoter holding of 63.41% and a public holding of 36.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Power Exchange India?
Power Exchange India has a workforce of 59 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Power Exchange India, 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 Power Exchange India's trajectory.
Rating
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
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 Power Exchange India
Recent activity within the organization
- Annual General Meeting
Power Exchange India Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.
- Director Appointment
Ian Gerard Desouza was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 8 months 20 days .
- Director Appointment
Deepak Jinvardas Lad was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 25 days .
- Director Appointment
Rajiv Mishra Ranjan was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 25 days .
- Balance Sheet
Power Exchange India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Avinash Mohan was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 8 months .
Recent News, Updates & Announcement
- Green Energy Certificates Sales Declined By Over 22% - Clean Future.
Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country, which are engaged in trading of RECs and electricity..
- Green certificate sales on IEX, PXIL up by 10.65 pc at 5.59 lakh in Dec.
The renewable purchase obligation is mandated by the central and state electricity regulatory commissions and is applicable to power distribution companies, open access consumer and captive consumers.
Frequently asked questions
What is the Incorporation or founding date of Power Exchange India Limited?
Power Exchange India Limited was incorporated on 20 Feb 2008.
What is authorized share capital and paid-up capital of Power Exchange India Limited?
The authorized share capital of Power Exchange India Limited is ₹ 120.00 Cr and paid-up capital is ₹ 58.47 Cr.
Who are the current board members & directors of Power Exchange India Limited?
Currently 12 directors are associated with Power Exchange India Limited.
- Pramod Kumar Vaishya
- Deepak Jinvardas Lad
- Satyajit Ganguly
- Atul Roongta
- Ian Gerard Desouza
- Sunil Srichand Hingwani
- Shekhar Mohan Rao
- Satyajit Ganguly
- Avinash Mohan
- Harish Ahuja
- Rajiv Mishra Ranjan
- Ashok Sethi
What is the registered address of Power Exchange India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Power Exchange India Limited is Unit No 901 9Th Floor Sumer Plaza Marol Maroshi Road (East), Mumba I India, Andheri, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Power Exchange India Limited?
The corporate identification number (CIN) of Power Exchange India Limited is U74900MH2008PLC179152 and the company number is 179152 as per Ministry of Corporate Affairs (MCA).
What is the official website of Power Exchange India Limited?
The Official website of Power Exchange India Limited is https://www.powerexindia.in
What has been the recent revenue trend for Power Exchange India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Power Exchange India Limited has risen by 38.23%.
How many employees does Power Exchange India Limited currently have?
As Per 2023 financial reports, 59 employees are currently employed by Power Exchange India Limited.
What change has been observed in the net worth of Power Exchange India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Power Exchange India Limited has experienced an upsurge of 44.90%.
When was the last Balance Sheet of Power Exchange India Limited filed with the ROC?
The most recent Balance Sheet for Power Exchange India Limited was filed with the ROC on 31 Mar 2024.
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