Karnataka Renewable Energy Development Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 37.18%
- Profit Growth 36.48%
- Ebitda 63.76%
- Net Worth 19.03%
- Total Assets 11.09%
About Karnataka Renewable Energy Development
Karnataka Renewable Energy Development Limited (KREDL) is a leading Private Limited State Government Company incorporated in India on 08 March 1996 and has a history of 29 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Energy And Power 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 5.00 M, as per Ministry of Corporate Affairs (MCA) records.
Srikar Mysore, Gauravgupta, Pankaj Pandey, and Eight other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U75112KA1996SGC020020
- Company No.
020020
- Company Classification
Private Limited State Government Company
- Incorporation Date
08 Mar 1996
- Date of AGM
24 Dec 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
What products or services does Karnataka Renewable Energy Development Limited offer?
Karnataka Renewable Energy Development Limited offers a wide range of products and services, including Copywriting & Content Development, Content Writing Service, Real Estate Agent & Property Dealers, Real Estate Agent.
Karnataka Renewable Energy Development Limited
Explore comprehensive data for Karnataka Renewable Energy Development Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karnataka Renewable Energy Development?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kolgunsi Rudrappaiah  | Managing Director | 26-Jul-2021 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajender Kataria | Nominee Director | 12-Jun-2023 | Current |
| Srikar Mysore | Nominee Director | 04-Jul-2022 | Current |
| Gauravgupta | Nominee Director | 03-Jul-2023 | Current |
| Pankaj Pandey | Nominee Director | 06-Jun-2023 | Current |
| Rajegowda Talihalla | Nominee Director | 30-Jan-2024 | Current |
| Deepa Cholan | Nominee Director | 26-Jul-2024 | Current |
Financial Performance of Karnataka Renewable Energy Development.
Karnataka Renewable Energy Development Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.18% increase. The company also saw a substantial improvement in profitability, with a 36.48% increase in profit. The company's net worth Soared by an impressive increase of 19.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Karnataka Renewable Energy Development?
In 2023, Karnataka Renewable Energy Development had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Power Company Of Karnataka LimitedGauravgupta, Pankaj Pandey and 2 more are mutual person
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Ngef (Hubli) LimitedMahantesh Bilagi and Mohammed Shariff are mutual person
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Karnataka Vidyuth Karkhane LimitedPankaj Pandey, Mahantesh Bilagi and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karnataka Renewable Energy Development?
Karnataka Renewable Energy Development has a workforce of 60 employees as of Apr 01, 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 Karnataka Renewable Energy Development, 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 Karnataka Renewable Energy Development'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 Karnataka Renewable Energy Development
Recent activity within the organization
- Annual General Meeting
Karnataka Renewable Energy Development Limited last Annual general meeting of members was held on 24 Dec 2024 as per latest MCA records.
- Director Appointment
Sagadageri Beeranna Prashantkumar was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2024 & has been associated with this company since 8 months .
- Director Appointment
Deepa Murthy Cholan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2024 & has been associated with this company since 8 months 19 days .
- Director Appointment
Prabhash Chandra Ray was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2024 & has been associated with this company since 8 months 19 days .
- Director Appointment
Mohammed Ikramulla Shariff was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2024 & has been associated with this company since 8 months 19 days .
- Balance Sheet
Karnataka Renewable Energy Development Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Karnataka Renewable Energy Development Limited?
Karnataka Renewable Energy Development Limited was incorporated on 08 Mar 1996.
What is authorized share capital and paid-up capital of Karnataka Renewable Energy Development Limited?
The authorized share capital of Karnataka Renewable Energy Development Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Karnataka Renewable Energy Development Limited?
Currently 11 directors are associated with Karnataka Renewable Energy Development Limited.
- Srikar Sridhar Mysore
- Gauravgupta
- Pankaj Kumar Pandey
- Rajegowda Devegowda Talihalla
- Rajender Kumar Kataria
- Deepa Murthy Cholan
- Prabhash Chandra Ray
- Mahantesh Bilagi
- Mohammed Ikramulla Shariff
- Sagadageri Beeranna Prashantkumar
- Kolgunsi Panchaksharaiah Rudrappaiah
What is the registered address of Karnataka Renewable Energy Development Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Renewable Energy Development Limited is No.6/13/1 10Th Block 2Nd Stage Behind St. Sophia Convent, Nagarbhavi India, Bengaluru, Karnataka, 560072.
What is the corporate identification number (CIN) and company number of Karnataka Renewable Energy Development Limited?
The corporate identification number (CIN) of Karnataka Renewable Energy Development Limited is U75112KA1996SGC020020 and the company number is 020020 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnataka Renewable Energy Development Limited?
The Official website of Karnataka Renewable Energy Development Limited is https://www.kredl.karnataka.gov.in
What has been the recent revenue trend for Karnataka Renewable Energy Development Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Renewable Energy Development Limited has risen by 37.18%.
How many employees does Karnataka Renewable Energy Development Limited currently have?
As Per 2023 financial reports, 60 employees are currently employed by Karnataka Renewable Energy Development Limited.
What change has been observed in the net worth of Karnataka Renewable Energy Development Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Renewable Energy Development Limited has experienced an upsurge of 19.03%.
When was the last Balance Sheet of Karnataka Renewable Energy Development Limited filed with the ROC?
The most recent Balance Sheet for Karnataka Renewable Energy Development Limited was filed with the ROC on 31 Mar 2024.
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