Powersol Project Services Private Limited

Multi-disciplinary building services engineering design consultancy firm specializing in MEP, lighting, and security design for various industries.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Powersol Project Services Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.76 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 6.26%
  • Profit Growth -10.96%
  • Ebitda -6.18%
  • Net Worth 6.61%
  • Total Assets -18.39%

About Powersol Project Services

Powersol Project Services Private Limited (PPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 2008 and has a history of 16 years and eight months. Its registered office is in Bangaluru, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.76 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mohammad Akhtar and Iqbal Asad serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31905KA2008PTC046594

  • Company No.

    046594

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2008

  • 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 Powersol Project Services Private Limited offer?

Powersol Project Services Private Limited offers a wide range of products and services, including Electrical Contractor, Commercial Electrical Works.

Who are the key members and board of directors at Powersol Project Services?

Board Members (2)

Name Designation Appointment Date Status
Mohammad Akhtar Country flag representing In Director 29-May-2008 Current
Iqbal Asad Country flag representing In Director 29-May-2008 Current

Financial Performance of Powersol Project Services.

Powersol Project Services Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.26% increase. The company also saw a substantial fall in profitability, with a 10.96% decrease in profit. The company's net worth moved up by a moderate rise of 6.61%.

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
6.26%
Revenue from Operations
6.40%
Total Assets
-18.39%
Profit or Loss
-10.96%
Net Worth
6.61%
EBITDA
-6.18%

What is the Ownership and Shareholding Structure of Powersol Project Services?

In 2023, Powersol Project Services 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

₹17.57 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.71 Cr
  • The Karnataka Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2015 Others ₹1.71 Cr Open
15 Oct 2010 The Karnataka Bank Limited ₹0.50 M Open
06 Aug 2010 Karnataka Bank Ltd. ₹2.00 M Satisfied

How Many Employees Work at Powersol Project Services?

Powersol Project Services has a workforce of 8 employees as of Apr 09, 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 Powersol Project Services, 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 Powersol Project Services'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 Powersol Project Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Powersol Project Services 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 Others of Rs. 17.07 M registered on 18 Aug 2015 with Charge ID 10586855 was modified on 29 Sep 2020.

    29 Sep 2020

  • Charges

    A charge registered on 06 Aug 2010 via Charge ID 10239214 with Karnataka Bank Ltd. was fully satisfied on 15 Sep 2015.

    15 Sep 2015

  • Charges

    A charge with Others amounted to Rs. 17.07 M with Charge ID 10586855 was registered on 18 Aug 2015.

    18 Aug 2015

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 2.00 M registered on 06 Aug 2010 with Charge ID 10239214 was modified on 27 Feb 2015.

    27 Feb 2015

Frequently asked questions

  • Powersol Project Services Private Limited was incorporated on 29 May 2008.

  • The authorized share capital of Powersol Project Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Powersol Project Services Private Limited.

    • Mohammad Ali Akhtar
    • Iqbal Mohammed Asad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Powersol Project Services Private Limited is Sy.No.48 2Nd Floor Krishna Mansion Bellandur Gate Sarjapur Road Ambalipur A Village, India, Bangalore, Karnataka, 560102.

  • The corporate identification number (CIN) of Powersol Project Services Private Limited is U31905KA2008PTC046594 and the company number is 046594 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Powersol Project Services Private Limited is https://www.powersol.info

  • According to the financial reports for the fiscal year 2023, the revenue trend for Powersol Project Services Private Limited has risen by 6.26%.

  • As Per 2023 financial reports, 8 employees are currently employed by Powersol Project Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Powersol Project Services Private Limited has experienced an upsurge of 6.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Powersol Project Services Private Limited amount to ₹ 1.76 Cr.

  • The most recent Balance Sheet for Powersol Project Services Private Limited was filed with the ROC on 31 Mar 2023.