Punjab Renewable Energy Systems Private Limited

Provides biomass fuel aggregation and supply services, including briquetting and pelleting, for various clients.

2011 | Thane, Maharashtra (India) | Active
Last Updated:

Punjab Renewable Energy Systems Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 9.57 Cr
  • Company Age 14 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.50 Cr
  • Satisfied Charges ₹ 116.94 Cr
  • Revenue Growth -42.18%
  • Profit Growth -0.02%
  • Ebitda 25.29%
  • Net Worth -31.05%
  • Total Assets 4.31%

About Punjab Renewable Energy Systems

Punjab Renewable Energy Systems Private Limited (PRESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2011 and has a history of 14 years. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Environment 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 24.00 Cr and a paid-up capital of Rs 9.57 Cr.

The company currently has active open charges totaling ₹57.50 Cr. The company has closed loans amounting to ₹116.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab Renewable Energy Systems Private Limited India is Disha Verma as COMPANY SECRETARY. Shashi Shekhar, Monish Ahuja, Sudhakara Rao, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300MH2011PTC215235

  • Company No.

    215235

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2011

  • Date of AGM

    29 Oct 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

What products or services does Punjab Renewable Energy Systems Private Limited offer?

Punjab Renewable Energy Systems Private Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Furnace Burners, Coal, Carbon & Charcoal, Coal, Charcoal, Biomass Briquettes, Wood, Plywood, Veneer & Laminates, Wood Fuel, Turnkey Consultants & Solutions, Project Management.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Monish Ahuja Country flag representing In Managing Director24-Mar-2011Current
Disha Verma Company Secretary16-Oct-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Sudhakara Rao Country flag representing In Director 02-May-2018Current
Shashi Shekhar Country flag representing In Director 16-Oct-2019Current
Jai Shah Country flag representing In Nominee Director 22-Mar-2024Current
Bartholomeus Suijkerbuijk Country flag representing Nl Nominee Director 06-May-2024Current

Financial Performance of Punjab Renewable Energy Systems.

Punjab Renewable Energy Systems Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 42.18% decrease. The company also saw a slight decrease in profitability, with a 0.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.05%.

Punjab Renewable Energy Systems revenue growth over time
Punjab Renewable Energy Systems 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
-42.18%
Revenue from Operations
-42.60%
Total Assets
4.31%
Profit or Loss
-0.02%
Net Worth
-31.05%
EBITDA
25.29%

What is the Ownership and Shareholding Structure of Punjab Renewable Energy Systems?

In 2023, Punjab Renewable Energy Systems had a promoter holding of 31.66% and a public holding of 68.34%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.50 Cr

Satisfied Charges

₹116.94 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 37.50 Cr
  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2022The Hongkong And Shanghai Banking Corporation Limited₹37.50 CrOpen
01 Jul 2021Hdfc Bank Limited₹20.00 CrOpen
30 Jun 2023Others₹34.35 CrSatisfied
17 Feb 2023Others₹3.00 CrSatisfied
17 Feb 2023Others₹4.00 CrSatisfied

How Many Employees Work at Punjab Renewable Energy Systems?

Punjab Renewable Energy Systems has a workforce of 136 employees as of Dec 04, 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 Punjab Renewable Energy Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Renewable Energy Systems, 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 Punjab Renewable Energy Systems'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 Punjab Renewable Energy Systems

Recent activity within the organization

  • Annual General Meeting

    Punjab Renewable Energy Systems Private Limited last Annual general meeting of members was held on 29 Oct 2024 as per latest MCA records.

  • Charges

    A charge registered on 30 Jun 2023 via Charge ID 100736443 with Others was fully satisfied on 26 Sep 2024.

  • Charges

    A charge with Others of Rs. 34.35 Cr registered on 30 Jun 2023 with Charge ID 100736443 was modified on 16 Sep 2024.

  • Director Appointment

    Bartholomeus Suijkerbuijk was appointed as a Nominee Director was appointed as a Nominee Director on 06 May 2024 & has been associated with this company since 10 months 24 days .

  • Balance Sheet

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

  • Director Appointment

    Jai Harsukh Shah was appointed as a Nominee Director was appointed as a Nominee Director on 22 Mar 2024 & has been associated with this company since 1 year 8 days .

Frequently asked questions

  • What is the Incorporation or founding date of Punjab Renewable Energy Systems Private Limited?

    Punjab Renewable Energy Systems Private Limited was incorporated on 24 Mar 2011.

  • What is authorized share capital and paid-up capital of Punjab Renewable Energy Systems Private Limited?

    The authorized share capital of Punjab Renewable Energy Systems Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 9.57 Cr.

  • Who are the current board members & directors of Punjab Renewable Energy Systems Private Limited?

    Currently 6 directors are associated with Punjab Renewable Energy Systems Private Limited.

    • Shashi Shekhar
    • Monish Ahuja
    • Sudhakara Ravipati Rao
    • Jai Harsukh Shah
    • Bartholomeus Suijkerbuijk
    • Disha Verma

  • What is the registered address of Punjab Renewable Energy Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Renewable Energy Systems Private Limited is Mayuresh Square Office No. 1008 1009, Sector 15 Cbd Belpaur India, Thane, Maharashtra, 400614.

  • What is the corporate identification number (CIN) and company number of Punjab Renewable Energy Systems Private Limited?

    The corporate identification number (CIN) of Punjab Renewable Energy Systems Private Limited is U40300MH2011PTC215235 and the company number is 215235 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Punjab Renewable Energy Systems Private Limited?

    The Official website of Punjab Renewable Energy Systems Private Limited is https://www.prespl.com

  • What has been the recent revenue trend for Punjab Renewable Energy Systems Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Punjab Renewable Energy Systems Private Limited has fallen by -42.18%.

  • How many employees does Punjab Renewable Energy Systems Private Limited currently have?

    As Per 2024 financial reports, 136 employees are currently employed by Punjab Renewable Energy Systems Private Limited.

  • What change has been observed in the net worth of Punjab Renewable Energy Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Punjab Renewable Energy Systems Private Limited has experienced an downturn of -31.05%.

  • What are the total open charges for Punjab Renewable Energy Systems Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Punjab Renewable Energy Systems Private Limited amount to ₹ 57.50 Cr.

  • When was the last Balance Sheet of Punjab Renewable Energy Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Punjab Renewable Energy Systems Private Limited was filed with the ROC on 31 Mar 2024.

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