Premier Energies Photovoltaic Private Limited

Solar energy generation company established in 2016 with registered office in Telangana.

2016 | Maheshwaram, Telangana (India) | Active
Last Updated: July 17, 2024

Premier Energies Photovoltaic Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 149.01 Cr
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,564.29 Cr
  • Satisfied Charges ₹ 91.32 Cr
  • Revenue Growth 336.30%
  • Profit Growth 1.64%
  • Ebitda 611.47%
  • Net Worth 6075.57%
  • Total Assets 66.38%

About Premier Energies Photovoltaic

Premier Energies Photovoltaic Private Limited (PEPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 August 2016 (Eight years and six months 6 days old ). Its registered office is in Maheshwaram, Telangana, India.

The Corporate was formerly known as Sakura Premier Solar Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 149.01 Cr.

The company currently has active open charges totaling ₹1,564.29 Cr. The company has closed loans amounting to ₹91.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premier Energies Photovoltaic Private Limited India are Shri Khandelwal as CFO and Laxmi Dey as Company Secretary. Surenderpal Saluja, Chiranjeev Saluja, Abhishek Loonker, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PTC111510

  • Company No.

    111510

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Premier Energies Photovoltaic?

Executive Team (3)

NameDesignationAppointment DateStatus
Chiranjeev Saluja Country flag representing In Managing Director17-Aug-2016Current
Shri Khandelwal Country flag representing In CFOCurrent
Laxmi Dey Company Secretary12-Apr-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Surenderpal Saluja Country flag representing In Director 23-Oct-2018Current
Abhishek Loonker Country flag representing In Nominee Director 08-Oct-2021Current
Rohan Mehta Country flag representing In Director 18-Mar-2020Current
Uday Pilani Country flag representing In Director 18-Mar-2020Current
Niyathi Madasu Country flag representing In Director 21-Mar-2020Current
Jasveen Kaur Country flag representing In Director 28-Oct-2019Current

Financial Performance of Premier Energies Photovoltaic.

Premier Energies Photovoltaic Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 336.3% increase. The company also saw a slight improvement in profitability, with a 1.64% increase in profit. The company's net worth Soared by an impressive increase of 6075.57%.

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
336.30%
Revenue from Operations
333.56%
Total Assets
66.38%
Profit or Loss
1.64%
Net Worth
6075.57%
EBITDA
611.47%

What is the Ownership and Shareholding Structure of Premier Energies Photovoltaic?

In 2023, Premier Energies Photovoltaic 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

₹1,564.29 Cr

Satisfied Charges

₹91.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 1164.29 Cr
  • Canara Bank : 100.00 Cr
  • Yes Bank Limited : 95.00 Cr
  • Hdfc Bank Limited : 85.00 Cr
  • Axis Bank Limited : 70.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Others₹502.00 CrOpen
29 Nov 2023Canara Bank₹100.00 CrOpen
04 Nov 2023Others₹60.00 CrOpen
02 Nov 2023Others₹40.00 CrOpen
29 Aug 2023Others₹90.00 CrOpen

How Many Employees Work at Premier Energies Photovoltaic?

Premier Energies Photovoltaic has a workforce of 416 employees as of Apr 08, 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 Premier Energies Photovoltaic, 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 Premier Energies Photovoltaic'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 Premier Energies Photovoltaic

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 22.94 Cr registered on 13 Dec 2022 with Charge ID 100654360 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 502.00 Cr with Charge ID 100895656 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 28 Jul 2023 via Charge ID 100771874 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 05 Feb 2024.

    05 Feb 2024

  • Charges

    A charge registered on 27 Jul 2022 via Charge ID 100597081 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 05 Feb 2024.

    05 Feb 2024

  • Charges

    A charge registered on 14 Feb 2022 via Charge ID 100536622 with Others was fully satisfied on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 100.00 Cr with Charge ID 100822509 was registered on 29 Nov 2023.

    29 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Premier Energies Photovoltaic Private Limited was incorporated on 17 Aug 2016.

  • The authorized share capital of Premier Energies Photovoltaic Private Limited is ₹ 150.00 Cr and paid-up capital is ₹ 149.01 Cr.

  • Currently 10 directors are associated with Premier Energies Photovoltaic Private Limited.

    • Surenderpal Singh Saluja
    • Chiranjeev Singh Saluja
    • Abhishek Loonker
    • Rohan Mehta
    • Uday Sudhir Pilani
    • Niyathi Naidu Madasu
    • Jasveen Kaur
    • Mohan Preet Singh
    • Shri Nandkishore Khandelwal
    • Laxmi Chandra Dey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Energies Photovoltaic Private Limited is Plot No. 8/B/1 And 8/B/2E-CityMaheshwaram Mandal Raviryala Village Ranga Reddy, Telangana, India, 501359.

  • The corporate identification number (CIN) of Premier Energies Photovoltaic Private Limited is U74999TG2016PTC111510 and the company number is 111510 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Energies Photovoltaic Private Limited is https://www.premierenergies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Premier Energies Photovoltaic Private Limited has risen by 336.30%.

  • As Per 2023 financial reports, 416 employees are currently employed by Premier Energies Photovoltaic Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Premier Energies Photovoltaic Private Limited has experienced an upsurge of 6075.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Premier Energies Photovoltaic Private Limited amount to ₹ 1,564.29 Cr.

  • The most recent Balance Sheet for Premier Energies Photovoltaic Private Limited was filed with the ROC on 31 Mar 2023.

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