About Palimarwar Solar House Private Limited
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Palimarwar Solar House Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Lnb Solar Energy Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 31 January 2013.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U40109WB2013PTC190217. Its GSTIN is 08AAHCP0122E1ZX (Rajasthan). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10.1 Cr and a paid-up capital of ₹10.1 Cr. It was led by directors including Ashwini Kumar Singh and Srikrishna Modani.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.01 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹91.34 Lakh (net margin -4%) and EBITDA of ₹20.23 Cr (EBITDA margin 88%). Revenue has grown at a compounded annual rate (CAGR) of 353% over five years.
As per MCA filings, the company had open charges of ₹144 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in January 2021. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 2 smaller; the largest is Dreisatz Mysolar24 Private Limited with revenue of ₹23.4 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier.
The last known website on record is lnbgroup.com.
Company details
Contact details
Palimarwar Solar House Private Limited's registered office is in Kolkata, West Bengal. Its website is lnbgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Palimarwar Solar House 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 Palimarwar Solar House 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 Palimarwar Solar House Private Limited, buy the company report.
Financials of Palimarwar Solar House Private Limited
FY 2024 filings availablePalimarwar Solar House Private Limited reported revenue of ₹23.01 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 353%. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.23 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹91.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88% | ||||
| Net Profit Margin | -4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Palimarwar Solar House Private Limited, buy the company report.
Board of directors of Palimarwar Solar House Private Limited
Palimarwar Solar House has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Kumar Singh Also directs: Sidhyayi Greenview Private Limited, Akruray Greenhub Private Limited, Subiray Greeneries Private Limited and 5 more | Director | 18 Mar 2015 | 11 Years 7 Months | As last reported |
| Srikrishna Modani | Director | 18 Mar 2015 | 11 Years 7 Months | As last reported |
| Sheetal Bangur Also directs: Soul Beauty & Wellness Centre LLP, Eminence Cropfield Private Limited, Samay Industries Limited and 1 more | Director | 31 Jan 2013 | 13 Years 9 Months | As last reported |
| Rajiv Kaicker Also directs: Sidhyayi Greenview Private Limited, Mantray Greenpark Private Limited, Eminence Agrifield Private Limited and 5 more | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Palimarwar Solar House Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power), 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 |
|---|---|---|---|---|---|---|
| Dreisatz Mysolar24 Private Limited | ₹23.4 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Sei Sunshine Power Private Limited | ₹23.12 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Tarun Kiran Bhoomi Private Limited | ₹23.11 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Rajasthan Sun Technique Energy Private Limited | ₹23.09 Cr (FY 2025) | -61.0% | Mumbai, Maharashtra, India | |||
| Porbandar Solar Power Limited | ₹23.09 Cr (FY 2025) | -12.0% | Ahmedabad, Gujarat, India | |||
| Palimarwar Solar House Private Limitedthis company | ₹23.01 Cr (FY 2024) | -₹91.34 Lakh | -4% | -1.0% | Kolkata, West Bengal, India | |
| Janardan Wind Energy Private Limited | ₹23 Cr (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Precious Energy Services Limited | ₹22.66 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Palimarwar Solar House Private Limited, buy the company report.
Auditor
Palimarwar Solar House Private Limited is audited by Lakhotia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lakhotia & Co. | FY 2023 | 313149E |
Shareholding
The shareholding of Palimarwar Solar House Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palimarwar Solar House Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2021 | 100412472 | Others | ₹144 Cr | Open |
To see the full charge records of Palimarwar Solar House Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Palimarwar Solar House Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in January 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Funding round | ₹10 Cr | Investors: LNB Solar Energy Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Palimarwar Solar House Private Limited has 2 court cases on record: 1 filed by Palimarwar Solar House, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company by M/S Clean Wind Power (Devgarh) Private Limited | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Palimarwar Solar House 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.
Credit ratings & regulatory alerts
Palimarwar Solar House Private Limited was last rated by Indiarating on 13 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 13 Jul 2021 |
To see the full credit ratings and regulatory alerts of Palimarwar Solar House Private Limited, buy the company report.
MSME payment delays
Palimarwar Solar House Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Suncity Urja Private Limited |
To see the full MSME payment records of Palimarwar Solar House Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Palimarwar Solar House has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCP0122E1ZX | Rajasthan | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Palimarwar Solar House Private Limited, buy the company report.
Recent activity
Palimarwar Solar House Private Limited has 10 board changes on record since 2013: 4 appointments and 6 cessations. The latest: Ashwini Kumar Singh ceased to be Additional Director on 26 Sep 2015.
3 earlier events are in the company report.
Frequently asked questions
Palimarwar Solar House has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Palimarwar Solar House was a private limited company based in Kolkata, West Bengal, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 31 January 2013 and is registered under CIN U40109WB2013PTC190217. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Palimarwar Solar House was incorporated on 31 January 2013. It is registered with the Registrar of Companies, Kolkata.
Palimarwar Solar House had 4 directors:
- Ashwini Kumar Singh - Director
- Srikrishna Modani - Director
- Sheetal Bangur - Director
- Rajiv Kaicker - Director
The CIN (Corporate Identification Number) of Palimarwar Solar House is U40109WB2013PTC190217. 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 Palimarwar Solar House is at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
Palimarwar Solar House can be reached through the website lnbgroup.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Palimarwar Solar House on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Palimarwar Solar House is 08AAHCP0122E1ZX, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Palimarwar Solar House operated in the environment industry, in the solar energy solutions segment.
Palimarwar Solar House has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in January 2021.
The peers of Palimarwar Solar House by revenue are Dreisatz Mysolar24 Private Limited, Sei Sunshine Power Private Limited, Tarun Kiran Bhoomi Private Limited, Rajasthan Sun Technique Energy Private Limited, Porbandar Solar Power Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
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