M.A.G Renewable Energy Private Limited

Produces renewable energy through solar and wind power sources.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

M.A.G Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 8 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 127.96 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 4.26%
  • Profit Growth -94.64%
  • Ebitda -7.09%
  • Net Worth 3.50%
  • Total Assets -8.22%

About M.A.G Renewable Energy

M.A.G Renewable Energy Private Limited (MREPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 February 2017 (Eight years 17 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Environment 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 M and a paid-up capital of Rs 0.19 M.

The company currently has active open charges totaling ₹127.96 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vellingiri and Vellingiri Karthik serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106TZ2017PTC028568

  • Company No.

    028568

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Company report

M.A.G Renewable Energy Private Limited

Explore comprehensive data for M.A.G Renewable Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at M.A.G Renewable Energy?

Board Members (2)

NameDesignationAppointment DateStatus
Vellingiri Country flag representing In Director 27-Feb-2017Current
Vellingiri Karthik Country flag representing In Director 27-Feb-2017Current

Financial Performance of M.A.G Renewable Energy.

M.A.G Renewable Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.26% increase. The company also saw a substantial fall in profitability, with a 94.64% decrease in profit. The company's net worth moved up by a moderate rise of 3.5%.

M.A.G Renewable Energy revenue growth over time
M.A.G Renewable Energy 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
4.26%
Revenue from Operations
3.41%
Total Assets
-8.22%
Profit or Loss
-94.64%
Net Worth
3.50%
EBITDA
-7.09%

What is the Ownership and Shareholding Structure of M.A.G Renewable Energy?

In 2023, M.A.G Renewable Energy had a promoter holding of 47.26% and a public holding of 52.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,279.64 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 127.96 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024City Union Bank Limited₹2.88 MOpen
30 Apr 2024City Union Bank Limited₹18.00 CrOpen
14 Feb 2024City Union Bank Limited₹53.93 CrOpen
30 Nov 2023City Union Bank Limited₹48.75 CrOpen
23 Jun 2021City Union Bank Limited₹3.45 CrOpen

How Many Employees Work at M.A.G Renewable Energy?

Unlock and access historical data on people associated with M.A.G Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for M.A.G Renewable Energy Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M.A.G Renewable Energy, 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 M.A.G Renewable Energy'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 M.A.G Renewable Energy

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.88 M with Charge ID 100983756 was registered on 30 Sep 2024.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 180.00 M with Charge ID 100933656 was registered on 30 Apr 2024.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 539.26 M with Charge ID 100893521 was registered on 14 Feb 2024.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 487.50 M with Charge ID 100838067 was registered on 30 Nov 2023.

  • Annual General Meeting

    M.A.G Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    M.A.G Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

Frequently asked questions

  • What is the Incorporation or founding date of M.A.G Renewable Energy Private Limited?

    M.A.G Renewable Energy Private Limited was incorporated on 27 Feb 2017.

  • What is authorized share capital and paid-up capital of M.A.G Renewable Energy Private Limited?

    The authorized share capital of M.A.G Renewable Energy Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.

  • Who are the current board members & directors of M.A.G Renewable Energy Private Limited?

    Currently 2 directors are associated with M.A.G Renewable Energy Private Limited.

    • Vellingiri
    • Vellingiri Karthik

  • What is the registered address of M.A.G Renewable Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M.A.G Renewable Energy Private Limited is No.18(1)/15A Suriyan Nagar Abt Road Extension Karuvampalayam, India, Tirupur, Tamil Nadu, 641604.

  • What is the corporate identification number (CIN) and company number of M.A.G Renewable Energy Private Limited?

    The corporate identification number (CIN) of M.A.G Renewable Energy Private Limited is U40106TZ2017PTC028568 and the company number is 028568 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for M.A.G Renewable Energy Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for M.A.G Renewable Energy Private Limited has risen by 4.26%.

  • What change has been observed in the net worth of M.A.G Renewable Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of M.A.G Renewable Energy Private Limited has experienced an upsurge of 3.50%.

  • What are the total open charges for M.A.G Renewable Energy Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for M.A.G Renewable Energy Private Limited amount to ₹ 127.96 Cr.

  • When was the last Balance Sheet of M.A.G Renewable Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for M.A.G Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.

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