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About Paraswanath Solar Power (Itagi) Private Limited
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Paraswanath Solar Power (Itagi) Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Atria Solar Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 March 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U40300KA2017PTC101150.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Govinda Gowda and Subbaraju Nallur.
Its last annual general meeting (AGM) was held on 28 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at A S Kb Campus Ags Colony 1st Main Ananda Nagara, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.73 Lakh (net margin -55.7%) and EBITDA of -₹2.73 Lakh (EBITDA margin -55.7%).
The last known website on record is atriapower.com.
Company details
Contact details
Paraswanath Solar Power (Itagi) Private Limited's registered office is in Bangalore, Karnataka. Its website is atriapower.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA S Kb Campus Ags Colony 1st Main Ananda Nagara, Bangalore, Karnataka, India – 560024
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Paraswanath Solar Power (Itagi) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Paraswanath Solar Power (Itagi) is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Paraswanath Solar Power (Itagi) Private Limited
FY 2021 filings availableParaswanath Solar Power (Itagi) Private Limited reported revenue of ₹4.9 Lakh (up 161% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 161% in the latest year. EBITDA rose 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.9 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.73 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55.7% | ||||
| Net Profit Margin | -55.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Paraswanath Solar Power (Itagi) Private Limited, buy the company report.
Board of directors of Paraswanath Solar Power (Itagi) Private Limited
Paraswanath Solar Power (Itagi) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govinda Gowda | Additional Director | 01 Dec 2021 | 4 Years 11 Months | As last reported |
| Subbaraju Nallur | Additional Director | 01 Dec 2021 | 4 Years 11 Months | As last reported |
Auditor
Paraswanath Solar Power (Itagi) Private Limited is audited by M S K A & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2019 | 105047W |
Shareholding
The shareholding of Paraswanath Solar Power (Itagi) Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Paraswanath Solar Power (Itagi) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paraswanath Solar Power (Itagi) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paraswanath Solar Power (Itagi) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Paraswanath Solar Power (Itagi) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paraswanath Solar Power (Itagi) Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Govinda Gowda was appointed as Additional Director on 01 Dec 2021.
News
Frequently asked questions
Paraswanath Solar Power (Itagi) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Paraswanath Solar Power (Itagi) was a private limited company based in Bangalore, Karnataka, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 07 March 2017 and is registered under CIN U40300KA2017PTC101150. The company has been struck off by the Registrar of Companies and is no longer operational.
Paraswanath Solar Power (Itagi) had 2 directors:
- Govinda Gowda - Additional Director
- Subbaraju Nallur - Additional Director
The CIN (Corporate Identification Number) of Paraswanath Solar Power (Itagi) is U40300KA2017PTC101150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paraswanath Solar Power (Itagi) is at A S Kb Campus Ags Colony 1st Main Ananda Nagara, Bangalore, Karnataka, India – 560024.
Paraswanath Solar Power (Itagi) was incorporated on 07 March 2017. It is registered with the Registrar of Companies, Bangalore.
Paraswanath Solar Power (Itagi) can be reached through the website atriapower.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Paraswanath Solar Power (Itagi) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 28 September 2021. Year-wise statements from FY 2017 are in the company report.
Paraswanath Solar Power (Itagi) operated in the environment industry, in the solar energy solutions segment. It worked in this industry before it was struck off.
Govinda Gowda was appointed as Additional Director on 01 Dec 2021. Kupparaju Nagaraju ceased to be Director on 01 Dec 2021. Subbaraju Nallur was appointed as Additional Director on 01 Dec 2021. Paraswanath Solar Power (Itagi) has 5 board changes on record in total.
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