Ashok Renewable Energy Private Limited

Founded in 2016 and headquartered in Tamil Nadu, India.

2016 | Erode, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Ashok Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.19 Cr
  • Revenue Growth -16.08%
  • Profit Growth -505.95%
  • Ebitda 191.52%
  • Net Worth -1195.91%
  • Total Assets -9.30%

About Ashok Renewable Energy

Ashok Renewable Energy Private Limited (AREPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 May 2016 (Eight years and eight months 11 days old ). Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.90 M.

The company has closed loans amounting to ₹2.19 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Subramaniam Kumar and Duraisamy Kalaiselvi serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35105TZ2016PTC027571

  • Company No.

    027571

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 2016

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment

Who are the key members and board of directors at Ashok Renewable Energy?

Board Members (2)

Name Designation Appointment Date Status
Subramaniam Kumar Country flag representing In Director 23-May-2016 Current
Duraisamy Kalaiselvi Country flag representing In Director 23-May-2016 Current

Financial Performance of Ashok Renewable Energy.

Ashok Renewable Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.08% decrease. The company also saw a substantial fall in profitability, with a 505.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1195.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-16.08%
Revenue from Operations
-16.08%
Total Assets
-9.30%
Profit or Loss
-505.95%
Net Worth
-1195.91%
EBITDA
191.52%

What is the Ownership and Shareholding Structure of Ashok Renewable Energy?

In 2023, Ashok Renewable Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.94 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 2.19 Cr

Latest Charge Details

Date Lender Amount Status
20 Oct 2016 Indian Overseas Bank ₹2.19 Cr Satisfied

How Many Employees Work at Ashok Renewable Energy?

Unlock and access historical data on people associated with Ashok Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashok Renewable Energy, 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 Ashok Renewable Energy's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Ashok Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Ashok Renewable Energy Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge registered on 20 Oct 2016 via Charge ID 100063560 with Indian Overseas Bank was fully satisfied on 22 Aug 2023.

    22 Aug 2023

  • Balance Sheet

    Ashok Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 21.94 M with Charge ID 100063560 was registered on 20 Oct 2016.

    20 Oct 2016

  • Director Appointment

    Subramaniam Ashok Kumar was appointed as a Director was appointed as a Director on 23 May 2016 & has been associated with this company since 8 years 8 months .

    23 May 2016

  • Director Appointment

    Duraisamy Kalaiselvi was appointed as a Director was appointed as a Director on 23 May 2016 & has been associated with this company since 8 years 8 months .

    23 May 2016

Frequently asked questions

  • Ashok Renewable Energy Private Limited was incorporated on 23 May 2016.

  • The authorized share capital of Ashok Renewable Energy Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.90 M.

  • Currently 2 directors are associated with Ashok Renewable Energy Private Limited.

    • Subramaniam Ashok Kumar
    • Duraisamy Kalaiselvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Renewable Energy Private Limited is 72 Muthali Thottam Veerappan Chatram India, Erode, Tamil Nadu, 638004.

  • The corporate identification number (CIN) of Ashok Renewable Energy Private Limited is U35105TZ2016PTC027571 and the company number is 027571 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashok Renewable Energy Private Limited has fallen by -16.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashok Renewable Energy Private Limited has experienced an downturn of -1195.91%.

  • The most recent Balance Sheet for Ashok Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.