Pravara Renewable Energy Limited

Specializes in renewable energy generation and distribution through various sources in India and abroad.

2008 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 17, 2025

Pravara Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 48.00 Cr
  • Paid Up Capital ₹ 47.92 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 231.67 Cr
  • Revenue Growth %
  • Profit Growth -37.19%
  • Ebitda -196.24%
  • Net Worth -47.79%
  • Total Assets -6.12%

About Pravara Renewable Energy

Pravara Renewable Energy Limited (PREL) is Under Cirp company established on 04 Aug 2008 with its office registered at and has been running since 16 Year, 6 Months with a paid up capital of 47.92 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gammoninfra.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202MH2008PLC185428

  • Company No.

    185428

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Pravara Renewable Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Lakshmayyah Solagar Country flag representing In Director 12-Jan-2024Current
Jitendra Patil Country flag representing In Director 15-Mar-2021Current
Hemant Chandel Country flag representing In Director 23-Mar-2016Current

Financial Performance of Pravara Renewable Energy.

Pravara Renewable Energy Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 37.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.79%.

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
Revenue from Operations
Total Assets
-6.12%
Profit or Loss
-37.19%
Net Worth
-47.79%
EBITDA
-196.24%

What is the Ownership and Shareholding Structure of Pravara Renewable Energy?

In 2023, Pravara Renewable Energy 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

₹231.67 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 231.67 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2015Central Bank Of India₹40.00 CrOpen
19 Jul 2012Central Bank Of India₹191.67 CrOpen

How Many Employees Work at Pravara Renewable Energy?

Pravara Renewable Energy has a workforce of 3 employees as of Mar 22, 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 Pravara Renewable Energy, 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 Pravara Renewable Energy'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 Pravara Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Pravara Renewable Energy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Pravara Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Lakshmayyah Sinmayandam Solagar was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 1 year 1 month .

    12 Jan 2024

  • Director Appointment

    Jitendra Dattatraya Patil was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 3 years 11 months .

    15 Mar 2021

  • Director Appointment

    Hemant Madansingh Chandel was appointed as a Director was appointed as a Director on 23 Mar 2016 & has been associated with this company since 8 years 11 months .

    23 Mar 2016

  • Charges

    A charge with Central Bank Of India amounted to Rs. 40.00 Cr with Charge ID 10570464 was registered on 19 May 2015.

    19 May 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Pravara Renewable Energy Limited was incorporated on 04 Aug 2008.

  • The authorized share capital of Pravara Renewable Energy Limited is ₹ 48.00 Cr and paid-up capital is ₹ 47.92 Cr.

  • Currently 3 directors are associated with Pravara Renewable Energy Limited.

    • Lakshmayyah Sinmayandam Solagar
    • Jitendra Dattatraya Patil
    • Hemant Madansingh Chandel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pravara Renewable Energy Limited is 3Rd Floor Plot No. 3/8 Hamilton House J. N. Heredia Marg, Ballard Estate India, Mumbai, Maharashtra, 400038.

  • The corporate identification number (CIN) of Pravara Renewable Energy Limited is U45202MH2008PLC185428 and the company number is 185428 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pravara Renewable Energy Limited is https://www.gammoninfra.com

  • As Per 2023 financial reports, 3 employees are currently employed by Pravara Renewable Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pravara Renewable Energy Limited has experienced an downturn of -47.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pravara Renewable Energy Limited amount to ₹ 231.67 Cr.

  • The most recent Balance Sheet for Pravara Renewable Energy Limited was filed with the ROC on 31 Mar 2024.

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