Shri Shakti Alternative Energy Limited

Provides solar energy solutions and consulting services for commercial and residential buildings, with a focus on efficiency and maintenance.

1998 | Hyderabad, Telangana (India) | Active
Last Updated: December 26, 2024

Shri Shakti Alternative Energy Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 7.17 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.27 Cr
  • Satisfied Charges ₹ 11.16 Cr
  • Revenue Growth 56.61%
  • Profit Growth 1.20%
  • Ebitda -20.58%
  • Net Worth 1.27%
  • Total Assets 8.74%

About Shri Shakti Alternative Energy

Shri Shakti Alternative Energy Limited (SSAEL) is a Public Limited Indian Non-Government Company incorporated in India on 28 August 1998 and has a history of 26 years and five months. Its registered office is in Hyderabad, Telangana, 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 9.00 Cr and a paid-up capital of Rs 7.17 Cr.

The company currently has active open charges totaling ₹5.27 Cr. The company has closed loans amounting to ₹11.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinayak Kamath, Ashok Kalrarearadmiral, Triveni Dontamsetti, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40109TG1998PLC030031

  • Company No.

    030031

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Environment

What products or services does Shri Shakti Alternative Energy Limited offer?

Shri Shakti Alternative Energy Limited offers a wide range of products and services, including Solar Power Plants, Solar Photovoltaic Systems, Solar Power Systems, Solar Water Heater Tubes & Accessories, Evacuated Tube Solar Collector, Solar Thermal Collector, Industrial Heaters, Industrial Water Heating System, Solar Lighting.

Who are the key members and board of directors at Shri Shakti Alternative Energy?

Board Members (4)

Name Designation Appointment Date Status
Vinayak Kamath Country flag representing In Director 08-Nov-2010 Current
Ashok Kalrarearadmiral Country flag representing In Director 31-Aug-2009 Current
Triveni Dontamsetti Country flag representing In Director 30-Sep-2022 Current
Dontamsetti Kumar Country flag representing In Director 28-Aug-1998 Current

Financial Performance of Shri Shakti Alternative Energy.

Shri Shakti Alternative Energy Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 56.61% increase. The company also saw a slight improvement in profitability, with a 1.2% increase in profit. The company's net worth moved up by a moderate rise of 1.27%.

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
56.61%
Revenue from Operations
55.21%
Total Assets
8.74%
Profit or Loss
1.20%
Net Worth
1.27%
EBITDA
-20.58%

What is the Ownership and Shareholding Structure of Shri Shakti Alternative Energy?

In 2019, Shri Shakti Alternative Energy had a promoter holding of 71.83% and a public holding of 28.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.27 Cr

Satisfied Charges

₹11.16 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 2.00 Cr
  • Others : 1.95 Cr
  • Central Bank Of India : 0.82 Cr
  • Indian Renewable Energy Deve. Agency Ltd. : 0.48 Cr
  • State Bank Of Mysore : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2018 Others ₹1.95 Cr Open
28 Aug 2014 The Karur Vysya Bank Limited ₹2.00 Cr Open
29 Dec 2000 State Bank Of Mysore ₹0.28 M Open
28 Oct 1999 Central Bank Of India ₹7.30 M Open
02 Mar 1999 Central Bank Of India ₹0.85 M Open

How Many Employees Work at Shri Shakti Alternative Energy?

Shri Shakti Alternative Energy has a workforce of 16 employees as of Apr 01, 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 Shri Shakti Alternative Energy, 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 Shri Shakti Alternative Energy'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 Shri Shakti Alternative Energy

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Shri Shakti Alternative Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Triveni Dontamsetti was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100215208 was registered on 25 Oct 2018.

    25 Oct 2018

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10524389 was registered on 28 Aug 2014.

    28 Aug 2014

  • Charges

    A charge registered on 27 Sep 2013 via Charge ID 10457865 with The Karur Vysya Bank Limited was fully satisfied on 09 Nov 2013.

    09 Nov 2013

Frequently asked questions

  • Shri Shakti Alternative Energy Limited was incorporated on 28 Aug 1998.

  • The authorized share capital of Shri Shakti Alternative Energy Limited is ₹ 9.00 Cr and paid-up capital is ₹ 7.17 Cr.

  • Currently 4 directors are associated with Shri Shakti Alternative Energy Limited.

    • Vinayak Vishwanath Kamath
    • Ashok Kumar Kalrarearadmiral
    • Triveni Dontamsetti
    • Dontamsetti Satya Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Shakti Alternative Energy Limited is Plot No. 113 Road 72 Jubliee Hills, Hyderabad India, Shaikpet, Telangana, 500033.

  • The corporate identification number (CIN) of Shri Shakti Alternative Energy Limited is U40109TG1998PLC030031 and the company number is 030031 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Shakti Alternative Energy Limited is https://www.ssael.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Shri Shakti Alternative Energy Limited has risen by 56.61%.

  • As Per 2019 financial reports, 16 employees are currently employed by Shri Shakti Alternative Energy Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Shri Shakti Alternative Energy Limited has experienced an upsurge of 1.27%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Shri Shakti Alternative Energy Limited amount to ₹ 5.27 Cr.

  • The most recent Balance Sheet for Shri Shakti Alternative Energy Limited was filed with the ROC on 31 Mar 2024.

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