Gmr Generation Assets Limited

Renewable energy company generating electricity from non-conventional sources.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated:

Gmr Generation Assets Profile

Key Indicators

  • Authorised Capital ₹ 10,450.56 Cr
  • Paid Up Capital ₹ 1,968.43 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7,420.19 Cr
  • Satisfied Charges ₹ 14,038.17 Cr
  • Revenue Growth 124.04%
  • Profit Growth -350.42%
  • Ebitda -281.69%
  • Net Worth -29.31%
  • Total Assets 7.11%

About Gmr Generation Assets

Gmr Generation Assets Limited (GGAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 December 2010 and has a history of 14 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Gmr Renewable Energy Limited. 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 10,450.56 Cr and a paid-up capital of Rs 1,968.43 Cr.

The company currently has active open charges totaling ₹7,420.19 Cr. The company has closed loans amounting to ₹14,038.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gmr Generation Assets Limited India are Parveen Agarwal as CFO and Madhvi Sharma as Company Secretary. Adi Cherukupalli, Subodh Goel, Ashis Basu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40104MH2010PLC282702

  • Company No.

    282702

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 2010

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Gmr Generation Assets?

Executive Team (2)

NameDesignationAppointment DateStatus
Parveen Agarwal CFO16-Nov-2021Current
Madhvi Sharma Country flag representing In Company Secretary20-Jul-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Nikhil Dujari Country flag representing In Director 21-Jun-2021Current
Ashis Basu Country flag representing In Director 13-Jan-2014Current
Adi Cherukupalli Country flag representing In Director 30-Sep-2021Current
Subodh Goel Country flag representing In Director 22-Feb-2021Current
Chandra Kotha Country flag representing In Director 30-Sep-2022Current

Financial Performance of Gmr Generation Assets.

Gmr Generation Assets Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 124.04% increase. The company also saw a substantial fall in profitability, with a 350.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.31%.

Gmr Generation Assets revenue growth over time
Gmr Generation Assets 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
124.04%
Revenue from Operations
-34.16%
Total Assets
7.11%
Profit or Loss
-350.42%
Net Worth
-29.31%
EBITDA
-281.69%

What is the Ownership and Shareholding Structure of Gmr Generation Assets?

In 2023, Gmr Generation Assets had a promoter holding of 82.16% and a public holding of 17.84%. The company had 2 Subsidiaries, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7,420.19 Cr

Satisfied Charges

₹14,038.17 Cr

Charges Breakdown by Lending Institutions

  • Others : 5815.76 Cr
  • Idbi Trusteeship Services Limited : 1412.63 Cr
  • Axis Bank Limited : 160.00 Cr
  • Icici Bank Limited : 31.80 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2018Idbi Trusteeship Services Limited₹353.22 CrOpen
28 Oct 2016Axis Bank Limited₹160.00 CrOpen
27 Oct 2016Others₹5,815.76 CrOpen
26 Oct 2016Idbi Trusteeship Services Limited₹1,059.41 CrOpen
12 May 2015Icici Bank Limited₹31.80 CrOpen

How Many Employees Work at Gmr Generation Assets?

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

Employee growth trends for Gmr Generation Assets Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gmr Generation Assets, 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 Gmr Generation Assets'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 Gmr Generation Assets

Recent activity within the organization

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100436492 with Others was fully satisfied on 27 Feb 2024.

  • Charges

    A charge registered on 05 Sep 2019 via Charge ID 100289916 with Others was fully satisfied on 27 Feb 2024.

  • Charges

    A charge registered on 04 Sep 2019 via Charge ID 100289917 with Others was fully satisfied on 27 Feb 2024.

  • Charges

    A charge registered on 21 Jul 2017 via Charge ID 100116412 with Others was fully satisfied on 27 Feb 2024.

  • Charges

    A charge registered on 12 May 2017 via Charge ID 100097840 with Others was fully satisfied on 27 Feb 2024.

  • Charges

    A charge registered on 28 Apr 2017 via Charge ID 100102367 with Others was fully satisfied on 27 Feb 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Gmr Generation Assets Limited?

    Gmr Generation Assets Limited was incorporated on 03 Dec 2010.

  • What is authorized share capital and paid-up capital of Gmr Generation Assets Limited?

    The authorized share capital of Gmr Generation Assets Limited is ₹ 10,450.56 Cr and paid-up capital is ₹ 1,968.43 Cr.

  • Who are the current board members & directors of Gmr Generation Assets Limited?

    Currently 7 directors are associated with Gmr Generation Assets Limited.

    • Adi Seshavataram Cherukupalli
    • Subodh Kumar Goel
    • Ashis Basu
    • Nikhil Dujari
    • Chandra Rama Kumari Kotha
    • Parveen Agarwal
    • Madhvi Sharma
  • What is the registered address of Gmr Generation Assets Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gmr Generation Assets Limited is 701 7Th Floor Naman Centre Plot No. C-31 Bandra Kurla Complex East, India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Gmr Generation Assets Limited?

    The corporate identification number (CIN) of Gmr Generation Assets Limited is U40104MH2010PLC282702 and the company number is 282702 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gmr Generation Assets Limited?

    The Official website of Gmr Generation Assets Limited is https://www.gmrgroup.in

  • What has been the recent revenue trend for Gmr Generation Assets Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gmr Generation Assets Limited has risen by 124.04%.

  • What change has been observed in the net worth of Gmr Generation Assets Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gmr Generation Assets Limited has experienced an downturn of -29.31%.

  • What are the total open charges for Gmr Generation Assets Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gmr Generation Assets Limited amount to ₹ 7,420.19 Cr.

  • When was the last Balance Sheet of Gmr Generation Assets Limited filed with the ROC?

    The most recent Balance Sheet for Gmr Generation Assets Limited was filed with the ROC on 31 Mar 2023.