Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited - energy in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN U40106PN2014PTC151356 Incorporated 03 June 2014 ROC Pune HQ Pune, Maharashtra, India
Merged Private Limited Company energy
Data last updated
Revenue · FY 2023
₹12.99 Cr
▲ 79.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
7
Latest available

About Panama Renewable Energy Private Limited

Data last updated: 30 July 2025

Panama Renewable Energy Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Panama Holding Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in transmission and distribution, a part of the broader energy sector. Incorporated on 03 June 2014.

Registered with ROC Pune under CIN U40106PN2014PTC151356.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. Formerly known as Panama Wind Energy Shipra Private Limited. It was led by directors including Gautam Balasaheb Ladkat and Mansi Sameer Ladkat.

Last AGM: 28 November 2023. Financial statements filed for year ended 31 March 2023. Office: S – 199/204/205/206 Lohagaon Magazine Floor Viman Nagar India, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2023, the company reported a revenue of ₹12.99 Cr, a growth of 79% compared to the previous year.

The company had a reported workforce of approximately 7 employees prior to being dissolved. It operated as a subsidiary of Panama Holding Private Limited. Its group structure included 1 subsidiary.

The company was associated with 2 brands - Panama Renewable, The Panama Group.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is panama-group.com.

Company Details of Panama Renewable Energy Private Limited
CIN U40106PN2014PTC151356
Registration Number 151356
Incorporation Date 03 June 2014
ROC Pune
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 28 November 2023
Date of Balance Sheet 31 March 2023
Parent Company Panama Holding Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    S – 199/204/205/206 Lohagaon Magazine Floor Viman Nagar India, Pune, Maharashtra, India – 411014
  • Industry
    Energy, Transmission And Distribution, Electric Power Generation
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Financials, compliance, directors, charges, ownership and filings for Panama Renewable Energy Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited operates two associated brands: Panama Renewable and The Panama Group. These brands represent Panama Renewable Energy Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Develops and operates wind power plants. panamarenewable.com
Provider of agriculture, renewable energy, water resources, and real estate services panama-group.com

Competitors & Alternatives of Panama Renewable Energy Private Limited

Brands and companies operating in the same space as Panama Renewable Energy Private Limited include Avaada Group, Acciona Energy, Adani Green Energy and 6 more.

Competitor Description Location Founded
Avaada Group Avaada Group Renewable energy projects in solar, wind, and storage are developed. Delhi, India, India 2009
Acciona Energy Acciona Energy Renewable energy is developed, constructed, and marketed globally. Madrid, Spain, Spain 1997
Adani Green Energy Adani Green Energy Renewable energy power is produced independently by Adani Green Energy. Ahmedabad, India, India 2012
Tata Power Renewable Energy Tata Power Renewable Energy Power producer and plant developer in the solar and wind energy sector Mumbai, India, India 2007
Greenko Group Greenko Group Energy transition and decarbonization solutions are provided by Greenko Group. Hyderabad, India, India 2006
Atria Power Atria Power Renewable energy is produced via wind, solar, and hybrid systems. Bengaluru, India, India 1999
SITAC Renewable energy SITAC Renewable energy Wind energy projects are developed, financed, and operated in India. Delhi, India, India 2006
Sprng Energy Sprng Energy Power is produced in the solar and wind energy sectors. Pune, India, India 2017
Welspun Renewables Welspun Renewables Solar and wind power generation company Delhi, India, India 1985

Business Activity of Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution Locked
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Auditor Details of Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited is audited by Shyamala Suniiel & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Shyamala Suniiel & Associates LLP Locked Locked Locked
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Complete auditor history for Panama Renewable Energy Private Limited

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Board of Directors of Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Gautam Balasaheb Ladkat Director 03 Jun 2019 7 Years 2 Months As last reported
Mansi Sameer Ladkat Director 21 Feb 2023 3 Years 5 Months As last reported
Sameer Balasaheb Ladkat Director 03 Jun 2014 12 Years 2 Months As last reported

Financials of Panama Renewable Energy Private Limited FY 2023 filings available

Panama Renewable Energy Private Limited reported revenue of ₹12.99 Cr (up 79.00% YoY) for FY 2023.

Revenue · FY 2023
₹12.99 Cr ▲ 79.00%
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Ten-year financial statements for Panama Renewable Energy Private Limited

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Ownership and Shareholding of Panama Renewable Energy Private Limited

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Shareholding and ownership data for Panama Renewable Energy Private Limited

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Group Structure of Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Panama Renewable Energy Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Panama Wind Energy Krishna Private Limited U40106PN2012PTC143039 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited has a workforce of 7 employees as of Apr 09, 2024.

Employee count
7
Active EPFO establishments
1
Employee growth
-58.82%
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Employee and EPFO history for Panama Renewable Energy Private Limited

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GST Compliance of Panama Renewable Energy Private Limited

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GST registrations and filing compliance for Panama Renewable Energy Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Panama Renewable Energy Private Limited

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Credit ratings, litigation, and regulatory alerts for Panama Renewable Energy Private Limited

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MSME Payment Delays by Panama Renewable Energy Private Limited

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MSME payment history for Panama Renewable Energy Private Limited

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Subsidiaries & Group Companies of Panama Renewable Energy Private Limited

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Corporate group structure for Panama Renewable Energy Private Limited

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MCA Filings & Documents of Panama Renewable Energy Private Limited

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MCA filings and documents for Panama Renewable Energy Private Limited

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Recent Activity on Panama Renewable Energy Private Limited

Activity
28 Nov 2023
Panama Renewable Energy Private Limited last Annual general meeting of members was held on 28 Nov 2023 as per latest MCA records.
Activity
31 Mar 2023
Panama Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Directors
21 Feb 2023
Mansi Sameer Ladkat was appointed as a Director on 21 Feb 2023 & has been associated with this company since 3 years 5 months.
Directors
03 Jun 2019
Gautam Balasaheb Ladkat was appointed as a Director on 03 Jun 2019 & has been associated with this company since 7 years 2 months.
Directors
03 Jun 2014
Sameer Balasaheb Ladkat was appointed as a Director on 03 Jun 2014 & has been associated with this company since 12 years 2 months.
Activity
03 Jun 2014
Panama Renewable Energy Private Limited was registered on 03 Jun 2014 with Roc Pune & aged 12 years 2 months as per MCA records.

Frequently Asked Questions about Panama Renewable Energy Private Limited

Panama Renewable Energy Private Limited 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.

Panama Renewable Energy Private Limited is a amalgamated private limited company in the energy sector based in Pune, Maharashtra, India. It was incorporated on 03 June 2014 and is registered under CIN U40106PN2014PTC151356. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Panama Renewable Energy Private Limited was incorporated on 03 June 2014. Registered with ROC Pune.

The current directors of Panama Renewable Energy Private Limited are:

The CIN (Corporate Identification Number) of Panama Renewable Energy Private Limited is U40106PN2014PTC151356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Panama Renewable Energy Private Limited is energy. The company specifically operates in transmission and distribution.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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