Prasiddhi Solar Private Limited

Solar energy company providing various products and services for renewable energy.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Prasiddhi Solar Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.65 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 5.87 M
  • Revenue Growth 0.88%
  • Profit Growth -3.76%
  • Ebitda 32.70%
  • Net Worth 35.77%
  • Total Assets 107.57%

About Prasiddhi Solar

Prasiddhi Solar Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 April 2019 (Five years and ten months 3 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.65 M.

The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹5.87 M, as per Ministry of Corporate Affairs (MCA) records.

Naveen Shetty and Ganesh Shetty serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prasiddhisolar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2019PTC123785

  • Company No.

    123785

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Prasiddhi Solar Private Limited offer?

Prasiddhi Solar Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Engineering Project.

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

Financial Performance of Prasiddhi Solar.

Prasiddhi Solar Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.88% increase. The company also saw a slight decrease in profitability, with a 3.76% decrease in profit. The company's net worth Soared by an impressive increase of 35.77%.

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
0.88%
Revenue from Operations
0.88%
Total Assets
107.57%
Profit or Loss
-3.76%
Net Worth
35.77%
EBITDA
32.70%

What is the Ownership and Shareholding Structure of Prasiddhi Solar?

Unlock access to Prasiddhi Solar's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 M

Satisfied Charges

₹5.87 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2022State Bank Of India₹3.50 CrOpen
30 Jan 2020Others₹5.87 MSatisfied

How Many Employees Work at Prasiddhi Solar?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Prasiddhi Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 35.00 M registered on 21 Jun 2022 with Charge ID 100612844 was modified on 08 Jan 2024.

    08 Jan 2024

  • Charges

    A charge registered on 30 Jan 2020 via Charge ID 100325717 with Others was fully satisfied on 11 Jul 2022.

    11 Jul 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 35.00 M with Charge ID 100612844 was registered on 21 Jun 2022.

    21 Jun 2022

  • Charges

    A charge with Others of Rs. 5.87 M registered on 30 Jan 2020 with Charge ID 100325717 was modified on 30 Jul 2020.

    30 Jul 2020

Frequently asked questions

  • What is the Incorporation or founding date of Prasiddhi Solar Private Limited?

    Prasiddhi Solar Private Limited was incorporated on 25 Apr 2019.

  • What is authorized share capital and paid-up capital of Prasiddhi Solar Private Limited?

    The authorized share capital of Prasiddhi Solar Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.65 M.

  • Who are the current board members & directors of Prasiddhi Solar Private Limited?

    Currently 2 directors are associated with Prasiddhi Solar Private Limited.

    • Naveen Chandra Shetty
    • Ganesh Shetty
  • What is the registered address of Prasiddhi Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prasiddhi Solar Private Limited is 293 1St Floor Bekkarle Complex 11Th Block Nagarbhavi 2Nd Stage, India, Bangalore, Karnataka, 560072.

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

    The corporate identification number (CIN) of Prasiddhi Solar Private Limited is U74999KA2019PTC123785 and the company number is 123785 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prasiddhi Solar Private Limited?

    The Official website of Prasiddhi Solar Private Limited is https://www.prasiddhisolar.com

  • What has been the recent revenue trend for Prasiddhi Solar Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prasiddhi Solar Private Limited has risen by 0.88%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Prasiddhi Solar Private Limited has experienced an upsurge of 35.77%.

  • What are the total open charges for Prasiddhi Solar Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prasiddhi Solar Private Limited amount to ₹ 3.50 Cr.

  • When was the last Balance Sheet of Prasiddhi Solar Private Limited filed with the ROC?

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

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