Grace Renewable Energy Private Limited logo

Grace Renewable Energy Private Limited

Renewable energy company providing solar systems and power generation projects for various clients.
2013 | Ahmedabad, Gujarat (India) | Active

Last Updated:

July 16, 2024
HomeCompanyGrace Renewable Energy Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Manish Bagadia In Director 05-Sep-2013Current
Karuna Bagadia In Director 22-Feb-2017Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.70%
Revenue from Operations
-21.90%
Total Assets
18.41%
Profit or Loss
-19.92%
Net Worth
25.57%
EBITDA
-16.69%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹4.60 Cr

₹0.48 Cr

LenderAmountStatus

Others

Creation Date: 12 Aug 2022
₹2.10 CrOpen

Axis Bank Limited

Creation Date: 19 May 2021
₹2.50 CrOpen

Axis Bank Limited

Creation Date: 28 Aug 2020
₹4.75 MSatisfied

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.

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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.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.10 Cr with Charge ID 100633950 was registered on 12 Aug 2022.

    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.

    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.

    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.

    28 Aug 2020

Frequently asked questions

  • Grace Renewable Energy Private Limited was incorporated on 05 Sep 2013.

  • The authorized share capital of Grace Renewable Energy Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

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

    • Manish Bagadia
    • Karuna Bagadia
  • 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.

  • 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).

  • The Official website of Grace Renewable Energy Private Limited is https://www.gracerenew.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grace Renewable Energy Private Limited has fallen by -21.70%.

  • As Per 2023 financial reports, 2 employees are currently employed by Grace Renewable Energy Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grace Renewable Energy Private Limited amount to ₹ 4.60 Cr.

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

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