Hiraco Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 15-12-2024
- Paid Up Capital ₹ 1.00 Cr
as on 15-12-2024
- Company Age 14 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 127.34 Cr
as on 15-12-2024
- Satisfied Charges ₹ 152.54 Cr
as on 15-12-2024
- Revenue -18.14%
(FY 2022)
- Profit -658.91%
(FY 2022)
- Ebitda -14.02%
(FY 2022)
- Net Worth -3.19%
(FY 2022)
- Total Assets -11.05%
(FY 2022)
About Hiraco Renewable Energy
The Company is engaged in the Energy Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹127.34 Cr. The company has closed loans amounting to ₹152.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Rathi and Nirad Deshpande serve as directors at the Company.
- CIN/LLPIN
U40100GJ2010PTC062820
- Company No.
062820
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Nov 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Hiraco Renewable Energy?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Rathi  | Director | 12-Oct-2018 | Current |
| Nirad Deshpande | Nominee Director | 04-Nov-2022 | Current |
Financial Performance and Corporate Structure Insights of Hiraco Renewable Energy.
Hiraco Renewable Energy Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18.14% decrease. The company also saw a substantial fall in profitability, with a 658.91% decrease in profit. The company's net worth dipped by a decrease of 3.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Hiraco Renewable Energy?
In 2022, Hiraco 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.
Related Corporates (Common Directorship)
Macquarie Infrastructure And Real Assets (India) Private LimitedActive 11 years 8 monthsNirad Deshpande is a mutual person
Solitaire Energies LimitedActive 16 years 5 monthsBharat Rathi and Nirad Deshpande are mutual person
- Responsive Sutip LimitedActive 14 years 10 months
Bharat Rathi and Nirad Deshpande are mutual person
- Bhanuenergy Infrastructure & Power LimitedActive 16 years 6 months
Bharat Rathi and Nirad Deshpande are mutual person
- Deligentia Energy And Infrastructures Private LimitedActive 14 years 10 months
Bharat Rathi is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 16 Jun 2017 | ₹127.34 Cr | Open |
Rural Electrification Corporation Limited Creation Date: 12 Dec 2012 | ₹152.54 Cr | Satisfied |
How Many Employees Work at Hiraco Renewable Energy?
Unlock and access historical data on people associated with Hiraco Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hiraco 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 Hiraco 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.
