Kreate Energy(I) Private Limited

Energy company specializing in power trading, renewable energy certificates, and solar projects.

1997 | New Delhi (India) | Active
Last Updated: December 26, 2024

Kreate Energy(I) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.31 Cr
  • Company Age 27 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 4.40 Cr
  • Satisfied Charges ₹ 79.60 Cr
  • Revenue Growth -40.99%
  • Profit Growth -71.77%
  • Ebitda -11.25%
  • Net Worth 0.54%
  • Total Assets -4.79%

About Kreate Energy(I)

Kreate Energy(I) Private Limited (KEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 1997 and has a history of 27 years and five months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Mittal Processors Private 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 2022. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.31 Cr.

The company currently has active open charges totaling ₹4.40 Cr. The company has closed loans amounting to ₹79.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kreate Energy(I) Private Limited India is Vikal Madan as COMPANY SECRETARY. Kulbhushan Mittal and Arti Mittal serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kreateglobal.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17113DL1997PTC089292

  • Company No.

    089292

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1997

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Kreate Energy(I) Private Limited offer?

Kreate Energy(I) Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Bedding Set, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Drapes & Curtains, Curtains, Bed Linen, Bed Throws, Carpets, Outdoor Carpets.

Who are the key members and board of directors at Kreate Energy(I)?

Executive Team (2)

NameDesignationAppointment DateStatus
Kulbhushan Mittal Country flag representing In Managing Director17-Jan-2012Current
Vikal Madan Country flag representing In Company Secretary01-Aug-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Arti Mittal Country flag representing In Director 17-Jan-2012Current

Financial Performance of Kreate Energy(I).

Kreate Energy(I) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 40.99% decrease. The company also saw a substantial fall in profitability, with a 71.77% decrease in profit. The company's net worth moved up by a moderate rise of 0.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-40.99%
Revenue from Operations
-40.96%
Total Assets
-4.79%
Profit or Loss
-71.77%
Net Worth
0.54%
EBITDA
-11.25%

What is the Ownership and Shareholding Structure of Kreate Energy(I)?

In 2022, Kreate Energy(I) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.40 Cr

Satisfied Charges

₹79.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.48 Cr
  • Hdfc Bank Limited : 0.92 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2022Others₹3.48 CrOpen
28 Jul 2022Hdfc Bank Limited₹3.72 MOpen
16 Jun 2022Hdfc Bank Limited₹1.00 MOpen
19 Apr 2022Hdfc Bank Limited₹1.38 MOpen
24 Jun 2021Hdfc Bank Limited₹3.12 MOpen

How Many Employees Work at Kreate Energy(I)?

Kreate Energy(I) has a workforce of 122 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kreate Energy(I), 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 Kreate Energy(I)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Kreate Energy(I)

Recent activity within the organization

  • Charges

    A charge registered on 10 Jan 2015 via Charge ID 10547141 with Others was fully satisfied on 15 Jun 2024.

    15 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 3.48 Cr with Charge ID 100615937 was registered on 10 Oct 2022.

    10 Oct 2022

  • Annual General Meeting

    Kreate Energy(I) Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Director Appointment

    Vikal Madan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100627993 was registered on 28 Jul 2022.

    28 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100592635 was registered on 16 Jun 2022.

    16 Jun 2022

Frequently asked questions

  • Kreate Energy(I) Private Limited was incorporated on 27 Aug 1997.

  • The authorized share capital of Kreate Energy(I) Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.31 Cr.

  • Currently 3 directors are associated with Kreate Energy(I) Private Limited.

    • Kulbhushan Mittal
    • Arti Mittal
    • Vikal Madan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kreate Energy(I) Private Limited is Unit No. 1002 Tenth Floor Antriksh Bhawan 22 Kg Marg, Connaught P Lace India, New Delhi, 110001.

  • The corporate identification number (CIN) of Kreate Energy(I) Private Limited is U17113DL1997PTC089292 and the company number is 089292 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kreate Energy(I) Private Limited is https://www.kreateglobal.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kreate Energy(I) Private Limited has fallen by -40.99%.

  • As Per 2022 financial reports, 122 employees are currently employed by Kreate Energy(I) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kreate Energy(I) Private Limited has experienced an upsurge of 0.54%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Kreate Energy(I) Private Limited amount to ₹ 4.40 Cr.

  • The most recent Balance Sheet for Kreate Energy(I) Private Limited was filed with the ROC on 31 Mar 2022.

Similar Companies Based on Power Trading & Energy Markets