About Palimarwar Solar Project Private Limited
Data last updated:
Palimarwar Solar Project Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Yasheshvi Greenhub 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 13 February 2013.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U40300WB2013PTC190595. Its GSTIN is 08AAHCP0234F1ZQ (Rajasthan). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.3 Cr. It was led by directors including Sheetal Bangur 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 ₹13.45 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.22 Cr (net margin 31.4%) and EBITDA of ₹11.6 Cr (EBITDA margin 86.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
As per MCA filings, the company had open charges of ₹74.56 Cr and satisfied charges of ₹42.98 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.2 Cr; the latest was in December 2013. Its 5 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 4 smaller; the largest is Aalok Solarfarms Limited with revenue of ₹13.52 Cr. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 9 overdue payments to 1 micro and small supplier.
The last known website on record is lnbgroup.com.
Company details
Contact details
Palimarwar Solar Project 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 Project 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 Project 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 Project Private Limited, buy the company report.
Financials of Palimarwar Solar Project Private Limited
FY 2024 filings availablePalimarwar Solar Project Private Limited reported revenue of ₹13.45 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 2% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹11.6 Cr | ||||
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| Net Profit (PAT) | ₹4.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 86.2% | ||||
| Net Profit Margin | 31.4% | ||||
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To see the full financial statements and ratios of Palimarwar Solar Project Private Limited, buy the company report.
Board of directors of Palimarwar Solar Project Private Limited
Palimarwar Solar Project has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheetal Bangur Also directs: Soul Beauty & Wellness Centre LLP, Eminence Cropfield Private Limited, Samay Industries Limited and 1 more | Director | 13 Feb 2013 | 13 Years 8 Months | As last reported |
| Srikrishna Modani | Director | 22 Oct 2014 | 12 Years 0 Months | As last reported |
| Shreeyash Bangur | Director | 13 Feb 2013 | 13 Years 8 Months | As last reported |
| Yogesh Bangur Also directs: Iota Mtech Power LLP, Mantray Greenpark Private Limited, Eminence Harvest Private Limited and 3 more | Director | 13 Feb 2013 | 13 Years 8 Months | As last reported |
Peer comparison
Palimarwar Solar Project Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Aalok Solarfarms Limited | ₹13.52 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Palimarwar Solar Project Private Limitedthis company | ₹13.45 Cr (FY 2024) | ₹4.22 Cr | 31.4% | 2.0% | Kolkata, West Bengal, India | |
| Vyomaa Energy Private Limited | ₹13.43 Cr (FY 2025) | 92.0% | Rajanagaram, Andhra Pradesh, India | |||
| Abha Solarfarms Limited | ₹13.42 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Solarcraft Sandur Private Limited | ₹13.37 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Sei Solar Energy Private Limited | ₹13.36 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Palimarwar Solar Project Private Limited, buy the company report.
Auditor
Palimarwar Solar Project Private Limited is audited by ABPP & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABPP & Associates | FY 2023 | 328632E |
Shareholding
The shareholding of Palimarwar Solar Project 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) | |||||
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| Others |
To see the full shareholding pattern of Palimarwar Solar Project Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2014 | 10537434 | Others | ₹42.98 Cr | Satisfied |
To see the full charge records of Palimarwar Solar Project Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Palimarwar Solar Project Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.2 Cr; the latest was in December 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Funding round | ₹20.2 Cr | Investors: Yasheshvi Greenhub Private Limited |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Yasheshvi Greenhub Private Limited Seller: 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 Project Private Limited has 1 court case on record: 1 filed by Palimarwar Solar Project. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Palimarwar Solar Project 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 Project Private Limited was last rated by Icra on 13 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 13 Aug 2021 |
To see the full credit ratings and regulatory alerts of Palimarwar Solar Project Private Limited, buy the company report.
MSME payment delays
Palimarwar Solar Project Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 9 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 |
|---|---|---|---|
| Reconnect Energy Solutions Limited |
To see the full MSME payment records of Palimarwar Solar Project Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Palimarwar Solar Project has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCP0234F1ZQ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palimarwar Solar Project Private Limited, buy the company report.
Recent activity
Palimarwar Solar Project Private Limited has 6 board changes on record since 2013: 5 appointments and 1 cessation. The latest: Rajesh Sharma ceased to be Director on 02 Feb 2015.
Frequently asked questions
Palimarwar Solar Project 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 Project 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 13 February 2013 and is registered under CIN U40300WB2013PTC190595. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Palimarwar Solar Project was incorporated on 13 February 2013. It is registered with the Registrar of Companies, Kolkata.
Palimarwar Solar Project had 4 directors:
- Sheetal Bangur - Director
- Srikrishna Modani - Director
- Shreeyash Bangur - Director
- Yogesh Bangur - Director
The CIN (Corporate Identification Number) of Palimarwar Solar Project is U40300WB2013PTC190595. 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 Project is at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
Palimarwar Solar Project can be reached through the website lnbgroup.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Palimarwar Solar Project 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 Project is 08AAHCP0234F1ZQ, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Palimarwar Solar Project operated in the environment industry, in the solar energy solutions segment.
Palimarwar Solar Project has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.2 Cr; the latest was in December 2013.
The peers of Palimarwar Solar Project by revenue are Aalok Solarfarms Limited, Vyomaa Energy Private Limited, Abha Solarfarms Limited, Solarcraft Sandur Private Limited, Sei Solar Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
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