Quick Solar Private Limited

Solar power plant installation and contracting services since 2016, based in Tirupur, Tamil Nadu.

2016 | Erode, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Quick Solar Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.83 Cr
  • Revenue Growth 195.29%
  • Profit Growth 449.83%
  • Ebitda -20.33%
  • Net Worth 76.58%
  • Total Assets 213.16%

About Quick Solar

Quick Solar Private Limited (QSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 January 2016 (Nine years 20 days old ). Its registered office is in Erode, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.83 Cr.

Vinoth Palaniswami and Anaikkadu Palaniswami serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    quicksolar.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108TZ2016PTC022218

  • Company No.

    022218

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2016

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Energy and Power

Who are the key members and board of directors at Quick Solar?

Board Members (2)

Name Designation Appointment Date Status
Vinoth Palaniswami Country flag representing In Director 25-Jan-2016 Current
Anaikkadu Palaniswami Country flag representing In Director 25-Jan-2016 Current

Financial Performance of Quick Solar.

Quick Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 195.29% increase. The company also saw a substantial improvement in profitability, with a 449.83% increase in profit. The company's net worth Soared by an impressive increase of 76.58%.

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
195.29%
Revenue from Operations
195.29%
Total Assets
213.16%
Profit or Loss
449.83%
Net Worth
76.58%
EBITDA
-20.33%

What is the Ownership and Shareholding Structure of Quick Solar?

In 2023, Quick Solar 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

₹38.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.83 Cr

Latest Charge Details

Date Lender Amount Status
28 May 2024 State Bank Of India ₹3.83 Cr Open

How Many Employees Work at Quick Solar?

Unlock and access historical data on people associated with Quick Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Quick Solar, 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 Quick Solar'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 Quick Solar

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 38.30 M with Charge ID 100935660 was registered on 28 May 2024.

    28 May 2024

  • Annual General Meeting

    Quick Solar Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Quick Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Vinoth Vayaburi Gounder Palaniswami was appointed as a Director was appointed as a Director on 25 Jan 2016 & has been associated with this company since 9 years 20 days .

    25 Jan 2016

  • Director Appointment

    Anaikkadu Vaiyapurigounder Palaniswami was appointed as a Director was appointed as a Director on 25 Jan 2016 & has been associated with this company since 9 years 20 days .

    25 Jan 2016

  • Company Incorporation

    Quick Solar Private Limited was registered on 25 Jan 2016 with Roc Coimbatore & aged 9 years 20 days as per MCA records.

    25 Jan 2016

Frequently asked questions

  • Quick Solar Private Limited was incorporated on 25 Jan 2016.

  • The authorized share capital of Quick Solar Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Quick Solar Private Limited.

    • Vinoth Vayaburi Gounder Palaniswami
    • Anaikkadu Vaiyapurigounder Palaniswami
  • As per Ministry of Corporate Affairs (Mca), the registered address of Quick Solar Private Limited is 2/389E Maharaja Colony Govindam Palayam S. Periyapalayam, Tirupur India, Perundurai, Tamil Nadu, 641607.

  • The corporate identification number (CIN) of Quick Solar Private Limited is U40108TZ2016PTC022218 and the company number is 022218 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Quick Solar Private Limited is https://www.quicksolar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Quick Solar Private Limited has risen by 195.29%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Quick Solar Private Limited has experienced an upsurge of 76.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Quick Solar Private Limited amount to ₹ 3.83 Cr.

  • The most recent Balance Sheet for Quick Solar Private Limited was filed with the ROC on 31 Mar 2023.