Karvy Renewable Energy Projects Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.30 Cr
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.15 Cr
- Revenue Growth 15.45%
- Profit Growth 61.96%
- Ebitda 55.91%
- Net Worth -16.71%
- Total Assets -4.13%
About Karvy Renewable Energy Projects
Karvy Renewable Energy Projects Limited (KREPL) is a Public Limited Indian Non-Government Company incorporated in India on 04 July 2016 (Eight years and eight months 8 days old ). Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Tejorupa Solar Power Limited. 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 10.00 Cr and a paid-up capital of Rs 6.30 Cr.
The company currently has active open charges totaling ₹12.15 Cr.
Mahesh Vijayagopal, Srinivas Varma, Phanindra Alapati, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TG2016PLC110676
- Company No.
110676
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Jul 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Energy and Power
Karvy Renewable Energy Projects Limited
Explore comprehensive data for Karvy Renewable Energy Projects Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karvy Renewable Energy Projects?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivas Varma  | Director | 02-Nov-2020 | Current |
| Moola Ramesh | Director | Current | |
| Mallikarjuna Babu | Director | Current | |
| Mahesh Vijayagopal | Director | Current | |
| Phanindra Alapati | Director | 01-Jun-2020 | Current |
Financial Performance of Karvy Renewable Energy Projects.
Karvy Renewable Energy Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.45% increase. The company also saw a substantial improvement in profitability, with a 61.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Karvy Renewable Energy Projects?
In 2023, Karvy Renewable Energy Projects 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)
Sciknow Techno Solutions LimitedSrinivas Varma and Phanindra Alapati are mutual person
Karvy Insurance Repository LimitedMahesh Vijayagopal, Srinivas Varma and 1 more are mutual person
Karvy Forde Search Private LimitedPhanindra Alapati is a mutual person
Karvy Innotech LimitedMahesh Vijayagopal is a mutual person
Karvy Insights LimitedMahesh Vijayagopal is a mutual person
Karvy Digikonnect LimitedMahesh Vijayagopal and Srinivas Varma are mutual person
Charges (Loans)
Open Charges
₹12.15 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 12.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2019 | State Bank Of India | ₹12.15 Cr | Open |
How Many Employees Work at Karvy Renewable Energy Projects?
Karvy Renewable Energy Projects has a workforce of 4 employees as of Apr 05, 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 Karvy Renewable Energy Projects, 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 Karvy Renewable Energy Projects'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 Karvy Renewable Energy Projects
Recent activity within the organization
- Annual General Meeting
Karvy Renewable Energy Projects Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Karvy Renewable Energy Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Director Appointment
Srinivas Penmetsa Varma was appointed as a Director was appointed as a Director on 02 Nov 2020 & has been associated with this company since 4 years 4 months .
- Director Appointment
Phanindra Kumar Alapati was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 4 years 9 months .
- Charges
A charge with State Bank Of India amounted to Rs. 12.15 Cr with Charge ID 100242178 was registered on 05 Feb 2019.
- Company Incorporation
Karvy Renewable Energy Projects Limited was registered on 04 Jul 2016 with Roc Hyderabad & aged 8 years 8 months as per MCA records.
Recent News, Updates & Announcement
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- MG Capital Forms Strategic Distribution Partnership With Karvy Middle East.
/PRNewswire/ -- MG Capital, a leading private equity real estate management firm, and Karvy Middle East LLC ("KME"), part of India's Karvy Group, announced....
- Small Business Loan Portfolio Acquired for $200 Million with Mape Advisors' Assistance, Led by Former Executives from Top Banks.
When you buy a small business loan portfolio for $200 million, but only bring in $40 million yourself. Other buyers were interested, but you sealed the deal with the help of Mape Advisors. The company will be headed by former executives from HDFC Bank and Kotak Mahindra Bank. The deal will focus on low ticket size business loans and loans against gold. ICRA says there will be an upfront equity infusion of Rs 845 crore. Karvy Group and Arpwood Partners did not respond to queries..
Frequently asked questions
What is the Incorporation or founding date of Karvy Renewable Energy Projects Limited?
Karvy Renewable Energy Projects Limited was incorporated on 04 Jul 2016.
What is authorized share capital and paid-up capital of Karvy Renewable Energy Projects Limited?
The authorized share capital of Karvy Renewable Energy Projects Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.30 Cr.
Who are the current board members & directors of Karvy Renewable Energy Projects Limited?
Currently 5 directors are associated with Karvy Renewable Energy Projects Limited.
- Mahesh Vijayagopal
- Srinivas Penmetsa Varma
- Phanindra Kumar Alapati
- Mallikarjuna Venkateswara Uppaluri Babu
- Moola Ramesh
What is the registered address of Karvy Renewable Energy Projects Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karvy Renewable Energy Projects Limited is Karvy Millennium-Annexe Plot No.31/P Nanakramguda Financial District Gachibowli, India, Hyderabad, Telangana, 500032.
What is the corporate identification number (CIN) and company number of Karvy Renewable Energy Projects Limited?
The corporate identification number (CIN) of Karvy Renewable Energy Projects Limited is U74999TG2016PLC110676 and the company number is 110676 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karvy Renewable Energy Projects Limited?
The Official website of Karvy Renewable Energy Projects Limited is https://www.karvy.com
What has been the recent revenue trend for Karvy Renewable Energy Projects Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karvy Renewable Energy Projects Limited has risen by 15.45%.
How many employees does Karvy Renewable Energy Projects Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Karvy Renewable Energy Projects Limited.
What change has been observed in the net worth of Karvy Renewable Energy Projects Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karvy Renewable Energy Projects Limited has experienced an downturn of -16.71%.
What are the total open charges for Karvy Renewable Energy Projects Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karvy Renewable Energy Projects Limited amount to ₹ 12.15 Cr.
When was the last Balance Sheet of Karvy Renewable Energy Projects Limited filed with the ROC?
The most recent Balance Sheet for Karvy Renewable Energy Projects Limited was filed with the ROC on 31 Mar 2023.
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