Indian Renewable Energy Development Agency Profile
Key Indicators
- Authorised Capital ₹ 6,000.00 Cr
- Paid Up Capital ₹ 2,687.76 Cr
- Company Age 38 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36,580.48 Cr
- Satisfied Charges ₹ 7,478.84 Cr
- Revenue Growth 12.59%
- Profit Growth 61.46%
- Ebitda 25.50%
- Net Worth 18.79%
- Total Assets 9.55%
About Indian Renewable Energy Development Agency
Indian Renewable Energy Development Agency Limited (IREDAL) is a leading Public Limited Union Government Company incorporated in India on 11 March 1987 and has a history of 38 years and two months. Its registered office is in Central Delhi, Delhi, India.
The Company is engaged in the Finance And Insurance 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 6,000.00 Cr and a paid-up capital of Rs 2,687.76 Cr.
The company currently has active open charges totaling ₹36,580.48 Cr. The company has closed loans amounting to ₹7,478.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indian Renewable Energy Development Agency Limited India are Bijay Mohanty as CFO and Ekta Kathuria as Company Secretary. Pradip Das, Bijay Mohanty, Shabdsharan Brahmbhatt, and Five other members serve as directors at the Company.
Company Details
- Location
Central Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65100DL1987GOI027265
- Company No.
027265
- Company Classification
Public Limited Union Government Company
- Incorporation Date
11 Mar 1987
- Date of AGM
30 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Finance and Insurance
Energy and Environment
Indian Renewable Energy Development Agency Limited
Explore comprehensive data for Indian Renewable Energy Development Agency Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Indian Renewable Energy Development Agency?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradip Das  | Managing Director | 06-May-2020 | Current |
| Bijay Mohanty | CFO | 16-Oct-2023 | Current |
| Ekta Kathuria | Company Secretary | 01-Nov-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shabdsharan Brahmbhatt | Director | 28-Jan-2022 | Current |
| Bijay Mohanty | Whole-Time Director and Cfo | 03-Nov-2023 | Current |
| Chennakesava Jaganath | Director | 31-Mar-2022 | Current |
| Padam Lal | Nominee Director | 07-Feb-2023 | Current |
| Ajay Yadav | Nominee Director | 14-Feb-2023 | Current |
| Rohini Rawat | Director | 09-Mar-2023 | Current |
Financial Performance of Indian Renewable Energy Development Agency.
Indian Renewable Energy Development Agency Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 12.59% increase. The company also saw a substantial improvement in profitability, with a 61.46% increase in profit. The company's net worth Soared by an impressive increase of 18.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Indian Renewable Energy Development Agency?
In 2021, Indian Renewable Energy Development Agency had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ai Engineering Services LimitedPadam Lal is a mutual person
Solar Energy Corporation Of India LimitedPadam Lal is a mutual person
Pawan Hans LimitedPadam Lal is a mutual person
Assam Ashok Hotel Corporation LtdPradip Das is a mutual person
- Ireda Global Green Energy Finance Ifsc Limited
Pradip Das and Bijay Mohanty are mutual person
- Ai Airport Services Limited
Padam Lal is a mutual person
Charges (Loans)
Open Charges
₹36,580.48 Cr
Satisfied Charges
₹7,478.84 Cr
Charges Breakdown by Lending Institutions
- Others : 17142.83 Cr
- State Bank Of India : 7000.00 Cr
- Bank Of India : 5600.00 Cr
- Il & Fs Trust Company Limited : 2000.00 Cr
- Canara Bank : 1500.00 Cr
- Others : 3337.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2023 | Canara Bank | ₹1,500.00 Cr | Open |
| 09 Jun 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹400.00 Cr | Open |
| 25 Apr 2023 | Others | ₹300.00 Cr | Open |
| 30 Mar 2023 | Idbi Bank Limited | ₹500.00 Cr | Open |
| 30 Mar 2023 | Indian Overseas Bank | ₹1,000.00 Cr | Open |
How Many Employees Work at Indian Renewable Energy Development Agency?
Indian Renewable Energy Development Agency has a workforce of 171 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indian Renewable Energy Development Agency, 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 Indian Renewable Energy Development Agency'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 Indian Renewable Energy Development Agency
Recent activity within the organization
- Director Appointment
Bijay Kumar Mohanty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Nov 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge registered on 27 Dec 2022 via Charge ID 100659375 with Indian Bank was fully satisfied on 01 Nov 2023.
- Charges
A charge with Canara Bank amounted to Rs. 1,500.00 Cr with Charge ID 100778705 was registered on 29 Aug 2023.
- Annual General Meeting
Indian Renewable Energy Development Agency Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 400.00 Cr with Charge ID 100735818 was registered on 09 Jun 2023.
- Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100712160 was registered on 25 Apr 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Indian Renewable Energy Development Agency Limited?
Indian Renewable Energy Development Agency Limited was incorporated on 11 Mar 1987.
What is authorized share capital and paid-up capital of Indian Renewable Energy Development Agency Limited?
The authorized share capital of Indian Renewable Energy Development Agency Limited is ₹ 6,000.00 Cr and paid-up capital is ₹ 2,687.76 Cr.
Who are the current board members & directors of Indian Renewable Energy Development Agency Limited?
Currently 10 directors are associated with Indian Renewable Energy Development Agency Limited.
- Pradip Kumar Das
- Bijay Kumar Mohanty
- Shabdsharan Narharibhai Brahmbhatt
- Chennakesava Murthy Jaganath
- Padam Lal
- Ajay Yadav
- Rohini Rawat
- Ram Nihal
- Bijay Kumar Mohanty
- Ekta Kathuria
What is the registered address of Indian Renewable Energy Development Agency Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indian Renewable Energy Development Agency Limited is India Habitat Centre1St Floor East Court Core, 4 A Lodhi Road, New Delhi, 110003.
What is the corporate identification number (CIN) and company number of Indian Renewable Energy Development Agency Limited?
The corporate identification number (CIN) of Indian Renewable Energy Development Agency Limited is U65100DL1987GOI027265 and the company number is 027265 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indian Renewable Energy Development Agency Limited?
The Official website of Indian Renewable Energy Development Agency Limited is https://www.ireda.in
What has been the recent revenue trend for Indian Renewable Energy Development Agency Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Indian Renewable Energy Development Agency Limited has risen by 12.59%.
How many employees does Indian Renewable Energy Development Agency Limited currently have?
As Per 2021 financial reports, 171 employees are currently employed by Indian Renewable Energy Development Agency Limited.
What change has been observed in the net worth of Indian Renewable Energy Development Agency Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Indian Renewable Energy Development Agency Limited has experienced an upsurge of 18.79%.
What are the total open charges for Indian Renewable Energy Development Agency Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Indian Renewable Energy Development Agency Limited amount to ₹ 36,580.48 Cr.
When was the last Balance Sheet of Indian Renewable Energy Development Agency Limited filed with the ROC?
The most recent Balance Sheet for Indian Renewable Energy Development Agency Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Venkataraman SubramanianDirector
Praveen SaxenaDirector
Praveen GargNominee Director
Debashish MajumdarManaging Director
Chintan ShahDirector
Bhanupratap YadavNominee Director
Akhileshwar PrasadDirector
Abhishek MahawarDirector
Similar Companies Based on Solar Energy
Tata Capital Limited Mumbai, Maharashtra, India
Shriram Finance Limited Chennai, Tamil Nadu, India
Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
Power Finance Corporation Limited New Delhi, India
Sbi Cards And Payment Services Limited Delhi, India
Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
Bajaj Finance Limited Pune, Maharashtra, India