About Primesolar Renewable Services Private Limited
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Primesolar Renewable Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 19 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2019PTC348837. Its GSTIN is 27AAKCP5012C1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shantanu Faugaat and Shashank Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No. 178 Block – E Sector – 18 Rohini, New Delhi, Delhi, India – 110085.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.77 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹23.1 Lakh (net margin 3%) and EBITDA of ₹39.84 Lakh (EBITDA margin 5.1%).
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
For more details, the company can be reached via its website primesolarrenewable.in.
Company details
Contact details
Primesolar Renewable Services Private Limited's registered office is in New Delhi, Delhi. Its website is primesolarrenewable.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 178 Block – E Sector – 18 Rohini, New Delhi, Delhi, India – 110085
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Primesolar Renewable Services 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 Primesolar Renewable Services 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 |
To see the full business activity and turnover split of Primesolar Renewable Services Private Limited, buy the company report.
Financials of Primesolar Renewable Services Private Limited
FY 2023 filings availablePrimesolar Renewable Services Private Limited reported revenue of ₹7.77 Cr (up 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 719% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹7.77 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹39.84 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹23.1 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.1% | ||
| Net Profit Margin | 3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Primesolar Renewable Services Private Limited, buy the company report.
Board of directors of Primesolar Renewable Services Private Limited
Primesolar Renewable Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Faugaat | Director | 19 Apr 2019 | 7 Years 6 Months | Current |
| Kartikeya Narain Sharma | Additional Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Shashank Sharma | Director | 19 Apr 2019 | 7 Years 6 Months | Current |
| Manish Mehta | Director | 19 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Primesolar Renewable Services Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alpha TND Private Limited | ₹7.82 Cr (FY 2024) | 696.0% | Mumbai, Maharashtra, India | |||
| Synergyelectrical Contracting Private Limited | ₹7.8 Cr (FY 2025) | 90.0% | Madurai, Tamil Nadu, India | |||
| Primesolar Renewable Services Private Limitedthis company | ₹7.77 Cr (FY 2022) | ₹23.1 Lakh | 3% | 13.0% | 2 | New Delhi, Delhi, India |
| SB Wind Energy Private Limited | ₹7.72 Cr (FY 2024) | -63.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Primesolar Renewable Services Private Limited, buy the company report.
Auditor
Primesolar Renewable Services Private Limited is audited by A R S A N & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R S A N & CO | FY 2022 | 005216C |
Shareholding
The shareholding of Primesolar Renewable Services Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Primesolar Renewable Services Private Limited, buy the company report.
Legal cases
Primesolar Renewable Services Private Limited has 2 court cases on record: 1 filed by Primesolar Renewable Services, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (CRR) | Filed against the company by Denvo Overseas Through Its Proprietor | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Denovo Overseas | Pending |
To see the full case history of Primesolar Renewable Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Primesolar Renewable Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Primesolar Renewable Services Private Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Primesolar Renewable Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP5012C1ZR | Maharashtra | Active | 16 Oct 2020 |
| 33AAKCP5012C1ZY | Tamil Nadu | Active | 21 Oct 2021 |
To see the full GST registrations and return filing status of Primesolar Renewable Services Private Limited, buy the company report.
Recent activity
Primesolar Renewable Services Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Kartikeya Narain Sharma was appointed as Additional Director on 28 Jun 2021.
Frequently asked questions
Primesolar Renewable Services is an active private limited company based in New Delhi, Delhi, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 19 April 2019 (7+ years old) and is registered under CIN U40106DL2019PTC348837.
Primesolar Renewable Services has 4 current directors:
- Shantanu Faugaat - Director
- Kartikeya Narain Sharma - Additional Director
- Shashank Sharma - Director
- Manish Mehta - Director
The latest financial statements of Primesolar Renewable Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Primesolar Renewable Services is 27AAKCP5012C1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAKCP5012C1ZY (Tamil Nadu).
The CIN (Corporate Identification Number) of Primesolar Renewable Services is U40106DL2019PTC348837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primesolar Renewable Services has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Primesolar Renewable Services was incorporated on 19 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Primesolar Renewable Services by revenue are Alpha TND Private Limited, Synergyelectrical Contracting Private Limited, SB Wind Energy Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution).
Kartikeya Narain Sharma was appointed as Additional Director on 28 Jun 2021. Manish Mehta was appointed as Director on 19 Apr 2019. Shantanu Faugaat was appointed as Director on 19 Apr 2019. Primesolar Renewable Services has 4 board changes on record in total.
Primesolar Renewable Services can be reached through the website primesolarrenewable.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Primesolar Renewable Services is at House No. 178 Block – E Sector – 18 Rohini, New Delhi, Delhi, India – 110085.