Premier Solar Powertech Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.80 M
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 76.00 Cr
- Satisfied Charges ₹ 231.84 Cr
- Revenue Growth -49.96%
- Profit Growth -99.18%
- Ebitda -60.88%
- Net Worth 1.86%
- Total Assets -39.55%
About Premier Solar Powertech
Premier Solar Powertech Private Limited (PSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 October 2010 and has a history of 14 years and four months. Its registered office is in Rangareddy, Telangana, India.
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 4.00 Cr and a paid-up capital of Rs 1.80 M.
The company currently has active open charges totaling ₹76.00 Cr. The company has closed loans amounting to ₹231.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chiranjeev Saluja, Surenderpal Saluja, Abhishek Loonker, and Two other members serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40108TG2010PTC070745
- Company No.
070745
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Oct 2010
- Date of AGM
05 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Premier Solar Powertech Private Limited offer?
Premier Solar Powertech Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Windmills & Wind Turbines, Street Lights, Solar Street Lighting System, Solar Home Light, Solar Home Light Systems, Power Packs, DC Power Pack, Solar Panels, Solar Lamps.
Who are the key members and board of directors at Premier Solar Powertech?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chiranjeev Saluja  | Director | 06-Oct-2010 | Current |
| Surenderpal Saluja | Director | 05-Jan-2011 | Current |
| Abhishek Loonker | Nominee Director | 09-Oct-2021 | Current |
| Sudhir Moola | Whole-Time Director | 11-Mar-2019 | Current |
| Jasveen Kaur | Director | 20-Mar-2020 | Current |
Financial Performance of Premier Solar Powertech.
Premier Solar Powertech Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 49.96% decrease. The company also saw a substantial fall in profitability, with a 99.18% decrease in profit. The company's net worth moved up by a moderate rise of 1.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Premier Solar Powertech?
In 2022, Premier Solar Powertech 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)
All India Solar Industries AssociationChiranjeev Saluja is a mutual person
Rochem Separation Systems (India) Private LimitedAbhishek Loonker is a mutual person
Premier Kurnool Solar Private LimitedChiranjeev Saluja and Surenderpal Saluja are mutual person
Premier Energies LimitedChiranjeev Saluja, Surenderpal Saluja and 1 more are mutual person
Charges (Loans)
₹76.00 Cr
₹231.84 Cr
Charges Breakdown by Lending Institutions
- Others : 76.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2019 | Others | ₹3.75 Cr | Open |
| 09 Apr 2019 | Others | ₹72.25 Cr | Open |
| 30 Mar 2022 | Others | ₹6.00 Cr | Satisfied |
| 22 Jun 2021 | Others | ₹9.70 M | Satisfied |
| 10 Jun 2019 | Others | ₹15.00 Cr | Satisfied |
How Many Employees Work at Premier Solar Powertech?
Premier Solar Powertech has a workforce of 124 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Premier Solar Powertech, 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 Solar Powertech'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.
