Karnataka Renewable Energy Development Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- 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 28 years and 11 months. Its registered office is in Bengaluru, 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 2023. 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, George Joseph, Gauravgupta, and Eight other members serve as directors at the Company.
Company Details
- Location
Bengaluru, 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
21 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
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.
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 |
| George Joseph | Nominee Director | 23-Jun-2023 | Current |
| Gauravgupta | Nominee Director | 03-Jul-2023 | Current |
| Pankaj Pandey | Nominee Director | 06-Jun-2023 | Current |
| Mahantesh Bilagi | Nominee Director | 25-Jul-2022 | 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
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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.
Related Corporates (Common Directorship)
The Mysore Electrical Industries LimitedGauravgupta and Pankaj Pandey are mutual person
The Hutti Gold Mines Co LtdSrikar Mysore is a mutual person
Power Company Of Karnataka LimitedGauravgupta, Pankaj Pandey and 2 more are mutual person
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Ngef (Hubli) LimitedMahantesh Bilagi is a mutual person
Mangalore Electricity Supply Company LimitedPankaj Pandey and Adiveppa Aparna are mutual person
Karnataka Vidyuth Karkhane LimitedPankaj Pandey and Mahantesh Bilagi 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.
