Shapoorji Pallonji Solar Holdings Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2011.

2011 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 23, 2025

About Shapoorji Pallonji Solar Holdings Private Limited

Shapoorji Pallonji Solar Holdings Private Limited, a amalgamated private limited company, was established on 07 December 2011 in Mumbai, Maharashtra, India. Engaging in financial holding companies within the support service to organizations sector, it holds CIN: U74900MH2011PTC321375. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹125.00 Cr and a paid-up capital of ₹119.13 Cr.

Formerly known as Praddin Energy Private Limited. It upholds a compliant status. Employing 5 professional, Its leadership includes Savita Subhash Pisal (Director), Jose Kuruvilla (Director). Past directors included Rajagopalan Sambamoorthy, Suresh Dhawan, Narayan Das Rathi. It holds no open charges and ₹1,395.50 Cr settled loans. Its latest AGM occurred on 26 September 2022, with the balance sheet filed on 31 March 2022. It is based at Sp Centre, 41/44, Minoo Desai Marg Colaba, Mumbai, Maharashtra, 400005.

Company Details

CIN/LLPIN
U74900MH2011PTC321375
Registration Number
321375
Incorporation Date
07 December 2011
Authorized Capital
₹125.00 Cr
Paid-Up Capital
₹119.13 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 125.00 Cr as on 23-07-2025
Paid Up Capital ₹ 119.13 Cr as on 23-07-2025
Company Age 14 Year, 2 Months
Last Filing with ROC 31 Mar 2022
Satisfied Charges ₹ 1,395.50 Cr as on 23-07-2025
Revenue Growth **** -53.58% (FY 2022)
Profit Growth **** 93.81% (FY 2022)
Ebitda **** 101.34% (FY 2022)
Net Worth -11.66% (FY 2022)
Total Assets **** 1.51% (FY 2022)

Comprehensive Company Insights

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

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Who are the key members and board of directors at Shapoorji Pallonji Solar Holdings Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Savita Subhash Pisal	Director	16 Jul 2020	Current
Jose Kuruvilla	Director	16 Jul 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	03 Dec 2021	Past
Pramod Abcsdd	Director	14 Sep 2017	Past
Pramod Abcsdd	Additional Director	21 Sep 2016	Past
Pramod Abcsdd	Additional Director	21 Aug 2014	Past
Pramod Abcsdd	Additional Director	25 Nov 2021	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Shapoorji Pallonji Solar Holdings.

Shapoorji Pallonji Solar Holdings Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 53.58% decrease. The company also saw a substantial improvement in profitability, with a 93.81% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.66%.

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

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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

********

-53.58%

*******

Revenue from Operations

*******

-56.13%

*******

Total Assets

*******

1.51%

*******

Profit or Loss

*******

93.81%

*******

Net Worth

*******

-11.66%

*******

EBITDA

*******

101.34%

*******

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What is the Ownership and Shareholding Structure of Shapoorji Pallonji Solar Holdings?

In 2021, Shapoorji Pallonji Solar Holdings had a promoter holding of 100.00%. The company had 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹13,955,000,000.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 880.00 Cr
Idbi Trusteeship Services Limited : 265.50 Cr
Yes Bank Limited : 250.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Nov 2017	Yes Bank Limited	₹250.00 Cr	Satisfied
17 Jul 2017	Idbi Trusteeship Services Limited	₹60.00 Cr	Satisfied
07 Apr 2017	Sbicap Trustee Company Limited	₹156.00 Cr	Satisfied
15 Dec 2016	Sbicap Trustee Company Limited	₹580.00 Cr	Satisfied
12 Oct 2016	Idbi Trusteeship Services Limited	₹205.50 Cr	Satisfied

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How Many Employees Work at Shapoorji Pallonji Solar Holdings?

Shapoorji Pallonji Solar Holdings has a workforce of 5 employees as of Apr 07, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shapoorji Pallonji Solar Holdings, 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 Shapoorji Pallonji Solar Holdings's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Shapoorji Pallonji Solar Holdings

Recent Activity within the Organization

Annual General Meeting

The activity Shapoorji Pallonji Solar Holdings Private Limited last Annual general meeting of members was held on 26 Sep 2022 as per latest MCA records. was completed.
26 Sep 2022
Balance Sheet

Shapoorji Pallonji Solar Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was recorded as a recent event.
31 Mar 2022
Charges

Progress on A charge registered on 20 Nov 2017 via Charge ID 100139567 with Yes Bank Limited was fully satisfied on 21 May 2021. was documented.
21 May 2021
Charges

The activity A charge registered on 07 Apr 2017 via Charge ID 100090262 with Sbicap Trustee Company Limited was fully satisfied on 13 Oct 2020. was completed.
13 Oct 2020
Charges

Progress on A charge registered on 04 Jun 2015 via Charge ID 10579041 with Sbicap Trustee Company Limited was fully satisfied on 13 Oct 2020. was documented.
13 Oct 2020
Director Appointment

Savita Subhash Pisal was appointed as a Director was appointed as a Director on 16 Jul 2020 & has been associated with this company since 5 years 7 months . was recorded as a recent event.
16 Jul 2020

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