Hiraco Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 14 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 127.34 Cr
- Satisfied Charges ₹ 152.54 Cr
- Revenue Growth -18.14%
- Profit Growth -658.91%
- Ebitda -14.02%
- Net Worth -3.19%
- Total Assets -11.05%
About Hiraco Renewable Energy
Hiraco Renewable Energy Private Limited (HREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 November 2010 and has a history of 14 years and three months. Its registered office is in Ahmedabad, Gujarat, India.
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.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- 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
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 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
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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)
Solitaire Energies LimitedBharat Rathi and Nirad Deshpande are mutual person
- Responsive Sutip Limited
Bharat Rathi and Nirad Deshpande are mutual person
- Bhanuenergy Infrastructure & Power Limited
Bharat Rathi and Nirad Deshpande are mutual person
- Ujjawala Power Private Limited
Bharat Rathi is a mutual person
- Deligentia Energy And Infrastructures Private Limited
Bharat Rathi is a mutual person
Charges (Loans)
₹127.34 Cr
₹152.54 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 127.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2017 | Sbicap Trustee Company Limited | ₹127.34 Cr | Open |
| 12 Dec 2012 | Rural Electrification Corporation Limited | ₹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.
