Palace Solar Energy Private Limited - Company Profile

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 2007.
2007 Mumbai, Maharashtra, India Active
Last Updated:
Access Report
About Palace Solar Energy Private Limited

Palace Solar Energy Private Limited, a active private limited company, was established on 23 October 2007 in Mumbai, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40102MH2007PTC175289. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹13.05 Cr and a paid-up capital of ₹13.05 Cr.

Formerly known as Inspira Solar Energy Private Limited, Inspira Solar Energy Limited. It upholds a compliant status. Employing 18 professional, Its leadership includes Subhash Chandra Bhargava (Director), Piyush Maheshwari (Director), Sanjay Kumar Patra (Director). Past directors included Subhash Chandra Bhargava, Ravinder Khanna, Prashant Jain. It holds no open charges and ₹150.00 Cr settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at A-1, Aditya Birla Centre S.K. Ahire Marg, Worli, Mumbai, Maharashtra, 400030.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40102MH2007PTC175289

  • Registration Number

    175289

  • Incorporation Date

    23 October 2007

  • Authorized Capital

    ₹13.05 Cr

  • Paid-Up Capital

    ₹13.05 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 13.05 Cr
  • Paid Up Capital ₹ 13.05 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 150.00 Cr
  • Revenue Growth **** -3.53%
  • Profit Growth **** -2.97%
  • Ebitda **** -6.35%
  • Net Worth 18.88%
  • Total Assets **** 16.19%
Company report

Palace Solar Energy Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palace Solar Energy Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Palace Solar Energy Private Limited?
Current Directors
Name Designation Appointment Date Status
Subhash Chandra Bhargava Director 24 Sep 2020 Current
Piyush Maheshwari Director 05 Feb 2024 Current
Sanjay Kumar Patra Director 11 Nov 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 15 Sep 2021 Past
Pramod Abcsdd Director 14 Mar 2021 Past
Pramod Abcsdd Company Secretary 29 Jul 2019 Past
Pramod Abcsdd Additional Director 15 Sep 2021 Past
Pramod Abcsdd Additional Director 25 Sep 2024 Past
Pramod Abcsdd Additional Director 16 Aug 2010 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Palace Solar Energy.

Palace Solar Energy Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.53% decrease. The company also saw a slight decrease in profitability, with a 2.97% decrease in profit. The company's net worth Soared by an impressive increase of 18.88%.

Palace Solar Energy revenue growth over time
Palace Solar Energy profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -3.53%
*******
*******
*******
*******
Revenue from Operations
*******
 -6.00%
*******
*******
*******
*******
Total Assets
*******
 16.19%
*******
*******
*******
*******
Profit or Loss
*******
 -2.97%
*******
*******
*******
*******
Net Worth
*******
 18.88%
*******
*******
*******
*******
EBITDA
*******
 -6.35%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Palace Solar Energy?

In 2020, Palace Solar Energy had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,500,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Trustee Services Limited : 150.00 Cr
Latest Charge Details
Date Lender Amount Status
07 May 2013 Axis Trustee Services Limited ₹150.00 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Palace Solar Energy?

Palace Solar Energy has a workforce of 18 employees as of Apr 06, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palace Solar 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 Palace Solar 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Palace Solar Energy
Recent Activity within the Organization
  • Annual General Meeting

    The activity Palace Solar Energy Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Sandeep Santosh Sahay was appointed as a Cfo was appointed as a Cfo on 24 Apr 2025 & has been associated with this company since 9 months 24 days . was completed.

  • Balance Sheet

    The activity Palace Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Piyush Maheshwari was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 2 years 11 days . was documented.

  • Director Appointment

    Sanjay Kumar Patra was appointed as a Director was appointed as a Director on 11 Nov 2021 & has been associated with this company since 4 years 3 months . was recorded as a recent event.

  • Charges

    A charge registered on 07 May 2013 via Charge ID 10426795 with Axis Trustee Services Limited was fully satisfied on 03 Mar 2021. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Palace Solar Energy Private Limited?

The CIN of Palace Solar Energy Private Limited is U40102MH2007PTC175289.

Where is Palace Solar Energy Private Limited headquartered?

Palace Solar Energy Private Limited is headquartered at A-1, Aditya Birla Centre S.K. Ahire Marg, Worli, Mumbai, Maharashtra, 400030.

When was Palace Solar Energy Private Limited incorporated?

Palace Solar Energy Private Limited was incorporated on 23 October 2007.

Who are the current directors of Palace Solar Energy Private Limited?

The current directors of Palace Solar Energy Private Limited are

What is the primary industry of Palace Solar Energy Private Limited?

The primary industry of Palace Solar Energy Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Palace Solar Energy Private Limited a listed company?

Palace Solar Energy Private Limited is unlisted.

What is the capital structure of Palace Solar Energy Private Limited?

The authorized capital of Palace Solar Energy Private Limited is ₹13.05 Cr, and the paid-up capital is ₹13.05 Cr.

What is the compliance status of Palace Solar Energy Private Limited?

The compliance status of Palace Solar Energy Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available