Prathamesh Solarfarms Limited

Develops and operates a 50 MW solar power project in Telangana under a PPA.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 18, 2024

Prathamesh Solarfarms Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 31.98 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 324.25 Cr
  • Satisfied Charges ₹ 5,581.25 Cr
  • Revenue Growth 16.78%
  • Profit Growth 423.55%
  • Ebitda -4.98%
  • Net Worth 14.91%
  • Total Assets 9.27%

About Prathamesh Solarfarms

Prathamesh Solarfarms Limited (PSL) is a Public Limited Indian Non-Government Company incorporated in India on 27 March 2015 (Nine years and ten months 28 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Prathamesh Windfarms Private 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 32.00 Cr and a paid-up capital of Rs 31.98 Cr.

The company currently has active open charges totaling ₹324.25 Cr. The company has closed loans amounting to ₹5,581.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prathamesh Solarfarms Limited India are Rajesh Khetarpal as CFO and Kavita Bisht as Company Secretary. Bharat Bahl, Saurabh Roy, and Kolahal Kumar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    renewpower.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ2015PLC082734

  • Company No.

    082734

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2015

  • 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 Prathamesh Solarfarms?

Executive Team (3)

NameDesignationAppointment DateStatus
Bharat Bahl Country flag representing In Managing Director28-Mar-2018Current
Rajesh Khetarpal Country flag representing In CFO01-Oct-2018Current
Kavita Bisht Country flag representing In Company Secretary01-May-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Saurabh Roy Country flag representing In Director 23-Oct-2019Current
Kolahal Kumar Country flag representing In Director 12-Apr-2024Current

Financial Performance of Prathamesh Solarfarms.

Prathamesh Solarfarms Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.78% increase. The company also saw a substantial improvement in profitability, with a 423.55% increase in profit. The company's net worth Soared by an impressive increase of 14.91%.

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
16.78%
Revenue from Operations
-1.86%
Total Assets
9.27%
Profit or Loss
423.55%
Net Worth
14.91%
EBITDA
-4.98%

What is the Ownership and Shareholding Structure of Prathamesh Solarfarms?

In 2023, Prathamesh Solarfarms 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

₹324.25 Cr

Satisfied Charges

₹5,581.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 324.25 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2021Others₹324.25 CrOpen
05 Jul 2022Others₹28.10 CrSatisfied
31 Aug 2020Others₹2,567.57 CrSatisfied
28 Dec 2018Others₹2,667.57 CrSatisfied
27 Feb 2018Others₹15.00 CrSatisfied

How Many Employees Work at Prathamesh Solarfarms?

Unlock and access historical data on people associated with Prathamesh Solarfarms, 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 Prathamesh Solarfarms, 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 Prathamesh Solarfarms'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 Prathamesh Solarfarms

Recent activity within the organization

  • Annual General Meeting

    Prathamesh Solarfarms Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Kolahal Anil Kumar was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 10 months 11 days .

    12 Apr 2024

  • Balance Sheet

    Prathamesh Solarfarms Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 05 Jul 2022 via Charge ID 100588759 with Others was fully satisfied on 01 Aug 2023.

    01 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 28.10 Cr with Charge ID 100588759 was registered on 05 Jul 2022.

    05 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 324.25 Cr with Charge ID 100477180 was registered on 08 Sep 2021.

    08 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Prathamesh Solarfarms Limited was incorporated on 27 Mar 2015.

  • The authorized share capital of Prathamesh Solarfarms Limited is ₹ 32.00 Cr and paid-up capital is ₹ 31.98 Cr.

  • Currently 5 directors are associated with Prathamesh Solarfarms Limited.

    • Bharat Bahl
    • Saurabh Roy
    • Kolahal Anil Kumar
    • Rajesh Khetarpal
    • Kavita Bisht
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prathamesh Solarfarms Limited is Suzlon 5 Shrimalisociety Nearshrikrishnacomplex Navrangpura, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Prathamesh Solarfarms Limited is U40106GJ2015PLC082734 and the company number is 082734 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prathamesh Solarfarms Limited is https://www.renewpower.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prathamesh Solarfarms Limited has risen by 16.78%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prathamesh Solarfarms Limited has experienced an upsurge of 14.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prathamesh Solarfarms Limited amount to ₹ 324.25 Cr.

  • The most recent Balance Sheet for Prathamesh Solarfarms Limited was filed with the ROC on 31 Mar 2024.

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