Precious Energy Services Profile
Key Indicators
- Authorised Capital ₹ 7.51 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 125.06 Cr
- Satisfied Charges ₹ 175.78 Cr
- Revenue Growth 2.89%
- Profit Growth 419.21%
- Ebitda 57.95%
- Net Worth -220.03%
- Total Assets 1.87%
About Precious Energy Services
Precious Energy Services Limited (PESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 March 2008 and has a history of 16 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Precious Energy Services Private Limited. 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 7.51 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹125.06 Cr. The company has closed loans amounting to ₹175.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Rathi, Nirad Deshpande, and Rajeev Sharma serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U40102GJ2008PLC107119
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Company No.
107119
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
18 Mar 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Precious Energy Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Rathi
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Director | 27-Jul-2017 | Current |
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Nirad Deshpande
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Nominee Director | 04-Nov-2022 | Current |
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Rajeev Sharma
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Director | 06-Jul-2021 | Current |
Financial Performance of Precious Energy Services.
Precious Energy Services Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.89% increase. The company also saw a substantial improvement in profitability, with a 419.21% increase in profit. The company's net worth observed a substantial decline by a decrease of 220.03%.
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What is the Ownership and Shareholding Structure of Precious Energy Services?
In 2023, Precious Energy 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.
Related Corporates (Common Directorship)
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Macquarie Infrastructure And Real Assets (India) Private LimitedNirad Deshpande is a mutual person
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Solitaire Energies LimitedBharat Rathi, Nirad Deshpande and 1 more are mutual person
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Responsive Sutip Limited
Bharat Rathi, Nirad Deshpande and 1 more are mutual person
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Hiraco Renewable Energy Private Limited
Bharat Rathi and Nirad Deshpande are mutual person
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Bhanuenergy Infrastructure & Power Limited
Bharat Rathi, Nirad Deshpande and 1 more are mutual person
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Ujjawala Power Private Limited
Bharat Rathi is a mutual person
Charges (Loans)
₹125.06 Cr
₹175.78 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 125.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2017 | Sbicap Trustee Company Limited | ₹125.06 Cr | Open |
| 21 Jan 2019 | Sbicap Trustee Company Limited | ₹13.00 Cr | Satisfied |
| 04 May 2011 | Bank Of Baroda (Corporate Financial Services Branch) | ₹162.78 Cr | Satisfied |
How Many Employees Work at Precious Energy Services?
Precious Energy Services has a workforce of 6 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precious Energy 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 Precious Energy Services'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.
