Adani Renewable Energy Devco Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 59.65 Cr
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 102.58 Cr
- Revenue Growth 28.63%
- Profit Growth 172.80%
- Ebitda 56.44%
- Net Worth 53.96%
- Total Assets 43.55%
About Adani Renewable Energy Devco
Adani Renewable Energy Devco Private Limited (AREDPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 2015 (Nine years and five months 24 days old ). Its registered office is in Delhi, India.
The Corporate was formerly known as Sb Solar Services Private Limited. The Company is engaged in the Business Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 59.65 Cr.
The company has closed loans amounting to ₹102.58 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Adani Renewable Energy Devco Private Limited India are Kamal Khatri as COMPANY SECRETARY and Rachit Maheshwari as Cfo. Prerak Thekadi, Ashwin Kyada, and Mayank Gala serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74140DL2015PTC283928
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Company No.
283928
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 2015
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Date of AGM
22 Jun 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Adani Renewable Energy Devco?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Khatri
|
Company Secretary | 03-Jan-2023 | Current |
| Rachit Maheshwari | CFO | 07-Jun-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Prerak Thekadi
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Director | 30-Sep-2021 | Current |
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Ashwin Kyada
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Director | 21-Oct-2022 | Current |
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Mayank Gala
|
Director | 31-Jan-2023 | Current |
Financial Performance of Adani Renewable Energy Devco.
Adani Renewable Energy Devco Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.63% increase. The company also saw a substantial improvement in profitability, with a 172.8% increase in profit. The company's net worth Soared by an impressive increase of 53.96%.
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What is the Ownership and Shareholding Structure of Adani Renewable Energy Devco?
In 2023, Adani Renewable Energy Devco had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Dinkar Technologies LimitedAshwin Kyada is a mutual person
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Adani Solar Energy Ap Six Private LimitedPrerak Thekadi is a mutual person
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Adani Solar Energy Jodhpur Three Limited
Prerak Thekadi is a mutual person
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Adani Solar Energy Jodhpur Four Limited
Prerak Thekadi is a mutual person
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Adani Solar Energy Jodhpur Five Limited
Prerak Thekadi is a mutual person
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Adani Solar Energy Ap Seven Private Limited
Prerak Thekadi is a mutual person
Charges (Loans)
₹0
₹102.58 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 99.71 Cr
- Others : 2.56 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2018 | Yes Bank Limited | ₹4.80 M | Satisfied |
| 08 Aug 2018 | Yes Bank Limited | ₹1.95 Cr | Satisfied |
| 03 Aug 2018 | Yes Bank Limited | ₹1.45 Cr | Satisfied |
| 06 Jun 2018 | Yes Bank Limited | ₹3.39 M | Satisfied |
| 16 Apr 2018 | Yes Bank Limited | ₹75.00 Cr | Satisfied |
How Many Employees Work at Adani Renewable Energy Devco?
Adani Renewable Energy Devco has a workforce of 109 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Adani Renewable Energy Devco, 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 Adani Renewable Energy Devco'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.
