About Pel Power Limited
Data last updated:
Pel Power Limited was a public limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Patel Energy Resources 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 power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 05 September 2006.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40108TG2006PLC067638. Its GSTIN is 36AAECP0949A1ZQ (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹150 Cr and a paid-up capital of ₹138.08 Cr. It was formerly known as Pel Power Private Limited and Prachetas Power Generations Pvt. Ltd. It was led by directors including Sharad Kumar and Marazban Feroz Hansotia.
Its last annual general meeting (AGM) was held on 17 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 8 – 2 – 293/82/A/76 Road No.9A Jubilee Hills, Hyderabad, Telangana, India – 500033.
The company was associated with 1 brand: Patel Engineering. As per MCA filings, the company had open charges of ₹320 Cr and satisfied charges of ₹50 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 4 cases are pending. The company has 7 deals on record (2 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹50.46 Cr; the latest was in November 2018.
The last known website on record is pateleng.com.
Company details
Name history
Pel Power has undergone 2 name changes throughout its history. The company was previously known as Pel Power Private Limited, and Prachetas Power Generations Pvt. Ltd.. The current legal name is Pel Power Limited.
| Company Name | Status |
|---|---|
| Pel Power Limited | Current |
| Pel Power Private Limited | Previous |
| Prachetas Power Generations Pvt. Ltd. | Previous |
CIN history
Pel Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108TG2006PLC067638, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108TG2006PLC067638 | Current |
| U40108AP2006PLC067638 | Previous |
| U40108MH2006PLC164315 | Previous |
Contact details
Pel Power Limited's registered office is in Hyderabad, Telangana. Its website is pateleng.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address8 – 2 – 293/82/A/76 Road No.9A Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Pel Power 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
Brands
Pel Power operates one associated brand: Patel Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure and construction projects are developed and managed. | pateleng.com |
Financials of Pel Power Limited
FY 2021 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Pel Power Limited, buy the company report.
Board of directors and KMP of Pel Power Limited
Pel Power Limited currently reports 3 directors and 2 key managerial personnel. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Dhananjay Sapre Also directs: Hitodi Infrastructure Private Limited | Ceo | 05 Apr 2019 | 7 Years 6 Months | As last reported |
| Sharad Kumar | Director | 11 Feb 2019 | 7 Years 8 Months | As last reported |
| Marazban Feroz Hansotia | Director | 15 Apr 2014 | 12 Years 6 Months | As last reported |
| Priti Rasik Patel Also directs: Raspian Tech LLP, Raspian Enterprises Private Limited, Sompel JV Private Limited and 2 more | Director | 01 Aug 2017 | 9 Years 2 Months | As last reported |
| Kavita Sanjiv Shirvaikar | Cfo | 05 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Pel Power Limited is audited by R S PAREKH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S PAREKH & CO | FY 2021 | 136400W |
Shareholding
The shareholding of Pel Power Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pel Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2013 | 10417077 | Idbi Trusteeship Services Limited | ₹320 Cr | Open | |
| 25 Jun 2009 | 10172333 | Yes Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Pel Power Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Pel Power Limited has 7 deals on record (2 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹50.46 Cr; the latest was in November 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Acquisition | ₹250 Cr | Buyer: Patel Energy Resources Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Patel Energy Resources Private Limited & T. Mallareddy, Patel Energy Resources Private Limited & M. A. Waseem, Patel Energy Resources Private Limited & Pravin Patel Seller: Patel Engineering Infrastructure Limited , 3 individuals |
| Jan 2010 | Acquisition | ₹88.29 Cr | Buyer: Patel Energy Resources Limited |
| Nov 2008 | Funding round | ₹48.79 Cr | Investors: Patel Energy Resources Limited , Patel Engineering Infrastructure Limited |
| Sep 2007 | Funding round | ₹99 Lakh | Investors: Patel Engineering Infrastructure Limited |
To see the full deal history of Pel Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pel Power Limited has 18 court cases on record: 8 filed by Pel Power, 10 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
| High courts | 7 | 1 | 1 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Power Grid Corporation of India Limited Chief General Manager B-9, Qutab Institutional Area, Katwaria , District: Sarai ,New Delhi , Delhi | Pending |
| District court, Mayiladuthurai, Tamil Nadu | Civil suit | Filed against the company | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India Through Ministry of Coal & Ors. | Pending |
| District court, Nagapattinam, Tamil Nadu | Civil suit | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of Pel Power 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 Pel Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pel Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP0949A1ZQ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pel Power Limited, buy the company report.
Recent activity
Pel Power Limited has 17 board changes on record since 2007: 5 appointments and 12 cessations. The latest: Sharad Kumar ceased to be Additional Director on 21 Aug 2019.
12 earlier events are in the company report.
News
Frequently asked questions
Pel Power 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.
Pel Power was a public limited company based in Hyderabad, Telangana, India. The company worked in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 05 September 2006 and is registered under CIN U40108TG2006PLC067638. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pel Power was incorporated on 05 September 2006. It is registered with the Registrar of Companies, Hyderabad.
Pel Power had 5 directors and KMP:
- Sharad Kumar - Director
- Marazban Feroz Hansotia - Director
- Priti Rasik Patel - Director
- Sunil Dhananjay Sapre - Ceo
- Kavita Sanjiv Shirvaikar - Cfo
The CIN (Corporate Identification Number) of Pel Power is U40108TG2006PLC067638. 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 Pel Power is at 8 – 2 – 29382A76 Road No.9A Jubilee Hills, Hyderabad, Telangana, India – 500033.
Pel Power can be reached through the website pateleng.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Pel Power on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 17 July 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Pel Power is 36AAECP0949A1ZQ, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Pel Power operated in the infrastructure and utilities industry, in the power infrastructure and energy projects segment.