Precious Energy Services Limited

Produces and distributes electricity through a solar power plant in Gujarat.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Precious Energy Services Profile

Key Indicators

  • Authorised Capital ₹ 7.51 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 11 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 11 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40102GJ2008PLC107119

  • Company No.

    107119

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Precious Energy Services?

Board Members (3)

NameDesignationAppointment DateStatus
Bharat Rathi Country flag representing In Director 27-Jul-2017Current
Nirad Deshpande Country flag representing In Nominee Director 04-Nov-2022Current
Rajeev Sharma Country flag representing In Director 06-Jul-2021Current

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%.

Precious Energy Services revenue growth over time
Precious Energy Services 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
2.89%
Revenue from Operations
3.02%
Total Assets
1.87%
Profit or Loss
419.21%
Net Worth
-220.03%
EBITDA
57.95%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹125.06 Cr

Satisfied Charges

₹175.78 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 125.06 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2017Sbicap Trustee Company Limited₹125.06 CrOpen
21 Jan 2019Sbicap Trustee Company Limited₹13.00 CrSatisfied
04 May 2011Bank Of Baroda (Corporate Financial Services Branch)₹162.78 CrSatisfied

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.

Employee growth trends for Precious Energy Services Limited

Deals i

Graph showing company valuation over time

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

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 Precious Energy Services

Recent activity within the organization

  • Charges

    A charge registered on 21 Jan 2019 via Charge ID 100238258 with Sbicap Trustee Company Limited was fully satisfied on 14 Oct 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Precious Energy Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 125.06 Cr registered on 16 Jun 2017 with Charge ID 100110366 was modified on 04 Jul 2023.

  • Director Appointment

    Nirad Vijay Deshpande was appointed as a Nominee Director was appointed as a Nominee Director on 04 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Rajeev Sharma was appointed as a Director was appointed as a Director on 06 Jul 2021 & has been associated with this company since 3 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Precious Energy Services Limited?

    Precious Energy Services Limited was incorporated on 18 Mar 2008.

  • What is authorized share capital and paid-up capital of Precious Energy Services Limited?

    The authorized share capital of Precious Energy Services Limited is ₹ 7.51 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Precious Energy Services Limited?

    Currently 3 directors are associated with Precious Energy Services Limited.

    • Bharat Rathi
    • Nirad Vijay Deshpande
    • Rajeev Sharma

  • What is the registered address of Precious Energy Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precious Energy Services Limited is 906-907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Precious Energy Services Limited?

    The corporate identification number (CIN) of Precious Energy Services Limited is U40102GJ2008PLC107119 and the company number is 107119 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Precious Energy Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Precious Energy Services Limited has risen by 2.89%.

  • How many employees does Precious Energy Services Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Precious Energy Services Limited.

  • What change has been observed in the net worth of Precious Energy Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Precious Energy Services Limited has experienced an downturn of -220.03%.

  • What are the total open charges for Precious Energy Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Precious Energy Services Limited amount to ₹ 125.06 Cr.

  • When was the last Balance Sheet of Precious Energy Services Limited filed with the ROC?

    The most recent Balance Sheet for Precious Energy Services Limited was filed with the ROC on 31 Mar 2024.

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