Grace Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 11 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.60 Cr
- Satisfied Charges ₹ 4.75 M
- Revenue Growth -21.70%
- Profit Growth -19.92%
- Ebitda -16.69%
- Net Worth 25.57%
- Total Assets 18.41%
About Grace Renewable Energy
Grace Renewable Energy Private Limited (GREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2013 and has a history of 11 years and six months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Winwin Building Materials Private Limited. The Company is engaged in the Energy And 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹4.60 Cr. The company has closed loans amounting to ₹4.75 M, as per Ministry of Corporate Affairs (MCA) records.
Manish Bagadia and Karuna Bagadia serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74110GJ2013PTC076707
- Company No.
076707
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy and Environment
What products or services does Grace Renewable Energy Private Limited offer?
Grace Renewable Energy Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Products, Solar Inverter.
Who are the key members and board of directors at Grace Renewable Energy?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Bagadia  | Director | 05-Sep-2013 | Current |
| Karuna Bagadia | Director | 22-Feb-2017 | Current |
Financial Performance of Grace Renewable Energy.
Grace Renewable Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.7% decrease. The company also saw a substantial fall in profitability, with a 19.92% decrease in profit. The company's net worth Soared by an impressive increase of 25.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grace Renewable Energy?
In 2023, Grace Renewable Energy had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cinza Concrete Products Private LimitedManish Bagadia is a mutual person
Charges (Loans)
Open Charges
₹4.60 Cr
Satisfied Charges
₹0.48 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.50 Cr
- Others : 2.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2022 | Others | ₹2.10 Cr | Open |
| 19 May 2021 | Axis Bank Limited | ₹2.50 Cr | Open |
| 28 Aug 2020 | Axis Bank Limited | ₹4.75 M | Satisfied |
How Many Employees Work at Grace Renewable Energy?
Grace Renewable Energy has a workforce of 2 employees as of Mar 27, 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 Grace 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 Grace Renewable Energy'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.
Latest Updates, News, and FAQs on Grace Renewable Energy
Recent activity within the organization
- Annual General Meeting
Grace Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Grace Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 2.10 Cr with Charge ID 100633950 was registered on 12 Aug 2022.
- Charges
A charge registered on 28 Aug 2020 via Charge ID 100369385 with Axis Bank Limited was fully satisfied on 24 May 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100447431 was registered on 19 May 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100369385 was registered on 28 Aug 2020.
Frequently asked questions
What is the Incorporation or founding date of Grace Renewable Energy Private Limited?
Grace Renewable Energy Private Limited was incorporated on 05 Sep 2013.
What is authorized share capital and paid-up capital of Grace Renewable Energy Private Limited?
The authorized share capital of Grace Renewable Energy Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Grace Renewable Energy Private Limited?
Currently 2 directors are associated with Grace Renewable Energy Private Limited.
- Manish Bagadia
- Karuna Bagadia
What is the registered address of Grace Renewable Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Grace Renewable Energy Private Limited is 43 The Chember. Near Tgb Hotel S G Highway Bodakdev, Ahmedabad, Gujarat, India, 380054.
What is the corporate identification number (CIN) and company number of Grace Renewable Energy Private Limited?
The corporate identification number (CIN) of Grace Renewable Energy Private Limited is U74110GJ2013PTC076707 and the company number is 076707 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grace Renewable Energy Private Limited?
The Official website of Grace Renewable Energy Private Limited is https://www.gracerenew.com
What has been the recent revenue trend for Grace Renewable Energy Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Grace Renewable Energy Private Limited has fallen by -21.70%.
How many employees does Grace Renewable Energy Private Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Grace Renewable Energy Private Limited.
What change has been observed in the net worth of Grace Renewable Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Grace Renewable Energy Private Limited has experienced an upsurge of 25.57%.
What are the total open charges for Grace Renewable Energy Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Grace Renewable Energy Private Limited amount to ₹ 4.60 Cr.
When was the last Balance Sheet of Grace Renewable Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Grace Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.
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