Hinduja Renewables Private Limited

Solar power company with 20 MW plant and 25-year PPAs with multiple entities.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: July 07, 2024

Hinduja Renewables Profile

Key Indicators

  • Authorised Capital ₹ 16.50 Cr
  • Paid Up Capital ₹ 16.11 Cr
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 292.17 Cr
  • Revenue Growth 52.25%
  • Profit Growth 57.48%
  • Ebitda 12.36%
  • Net Worth 14.18%
  • Total Assets 1.32%

About Hinduja Renewables

Hinduja Renewables Private Limited (HRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2013 and has a history of 11 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ashok Developers Private 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 16.50 Cr and a paid-up capital of Rs 16.11 Cr.

The company currently has active open charges totaling ₹292.17 Cr.

The Key Managerial Personnel (KMP) at Hinduja Renewables Private Limited India is Janil Shah as COMPANY SECRETARY. Vishin Gurnani, Natarajan Chandrasekaran, and Sumit Pandey serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40100MH2013PTC244506

  • Company No.

    244506

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2013

  • Date of AGM

    18 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

What products or services does Hinduja Renewables Private Limited offer?

Hinduja Renewables Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Event Planners & Organizers, Exhibition Service.

Who are the key members and board of directors at Hinduja Renewables?

Executive Team (1)

NameDesignationAppointment DateStatus
Janil Shah Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Sumit Pandey Country flag representing In Director 02-May-2023Current
Vishin Gurnani Country flag representing In Director 14-Jun-2013Current
Natarajan Chandrasekaran Country flag representing In Director 14-Mar-2016Current

Financial Performance of Hinduja Renewables.

Hinduja Renewables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.25% increase. The company also saw a substantial improvement in profitability, with a 57.48% increase in profit. The company's net worth Soared by an impressive increase of 14.18%.

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
52.25%
Revenue from Operations
53.02%
Total Assets
1.32%
Profit or Loss
57.48%
Net Worth
14.18%
EBITDA
12.36%

What is the Ownership and Shareholding Structure of Hinduja Renewables?

In 2023, Hinduja Renewables had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹292.17 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 240.00 Cr
  • State Bank Of India : 52.17 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2023Idbi Trusteeship Services Limited₹240.00 CrOpen
17 Sep 2020State Bank Of India₹17.47 CrOpen
09 Oct 2019State Bank Of India₹13.88 CrOpen
11 Apr 2017State Bank Of India₹20.82 CrOpen

How Many Employees Work at Hinduja Renewables?

Hinduja Renewables has a workforce of 1 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hinduja Renewables, 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 Hinduja Renewables'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 Hinduja Renewables

Recent activity within the organization

  • Annual General Meeting

    Hinduja Renewables Private Limited last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

    18 Aug 2023

  • Director Appointment

    Sumit Pandey was appointed as a Director was appointed as a Director on 02 May 2023 & has been associated with this company since 1 year 9 months .

    02 May 2023

  • Balance Sheet

    Hinduja Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 240.00 Cr with Charge ID 100688237 was registered on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 17.47 Cr with Charge ID 100374902 was registered on 17 Sep 2020.

    17 Sep 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 13.88 Cr with Charge ID 100298610 was registered on 09 Oct 2019.

    09 Oct 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Hinduja Renewables Private Limited was incorporated on 14 Jun 2013.

  • The authorized share capital of Hinduja Renewables Private Limited is ₹ 16.50 Cr and paid-up capital is ₹ 16.11 Cr.

  • Currently 4 directors are associated with Hinduja Renewables Private Limited.

    • Vishin Ghanshamdas Gurnani
    • Natarajan Chandrasekaran
    • Sumit Pandey
    • Janil Vinay Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hinduja Renewables Private Limited is Hinduja House, 171 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Hinduja Renewables Private Limited is U40100MH2013PTC244506 and the company number is 244506 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hinduja Renewables Private Limited is https://www.hindujarenewables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hinduja Renewables Private Limited has risen by 52.25%.

  • As Per 2023 financial reports, 1 employees are currently employed by Hinduja Renewables Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hinduja Renewables Private Limited has experienced an upsurge of 14.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hinduja Renewables Private Limited amount to ₹ 292.17 Cr.

  • The most recent Balance Sheet for Hinduja Renewables Private Limited was filed with the ROC on 31 Mar 2023.

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