Matgrow Renewables Private Limited

Provides engineering and EPC solutions for solar power systems, including ground-mounted and rooftop installations.

2020 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 01, 2024

Matgrow Renewables Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 4 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.51 Cr
  • Satisfied Charges ₹ 3.92 Cr
  • Revenue Growth 201.68%
  • Profit Growth 656.96%
  • Ebitda 696.34%
  • Net Worth 994.81%
  • Total Assets 90.69%

About Matgrow Renewables

Matgrow Renewables Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 September 2020 (Four years and five months 0 days old ). Its registered office is in Ahmedabad, Gujarat, 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 1.00 Cr.

The company currently has active open charges totaling ₹5.51 Cr. The company has closed loans amounting to ₹3.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Matgrow Renewables Private Limited India is Ashish Goswami as CEO. Arunaben Goswami, Ashish Goswami, Devdipsinh Jhala, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    matgrowrenewables.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108GJ2020PTC116633

  • Company No.

    116633

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Matgrow Renewables?

Executive Team (1)

Name Designation Appointment Date Status
Ashish Goswami Country flag representing In CEO 24-Mar-2021 Current

Board Members (4)

Name Designation Appointment Date Status
Arunaben Goswami Country flag representing In Director 18-Sep-2020 Current
Ashish Goswami Country flag representing In Director and Ceo 24-Mar-2021 Current
Devdipsinh Jhala Country flag representing In Director 15-Sep-2022 Current
Hetalben Patel Country flag representing In Director Current

Financial Performance of Matgrow Renewables.

Matgrow Renewables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 201.68% increase. The company also saw a substantial improvement in profitability, with a 656.96% increase in profit. The company's net worth Soared by an impressive increase of 994.81%.

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
201.68%
Revenue from Operations
201.67%
Total Assets
90.69%
Profit or Loss
656.96%
Net Worth
994.81%
EBITDA
696.34%

What is the Ownership and Shareholding Structure of Matgrow Renewables?

Unlock access to Matgrow Renewables's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.51 Cr

Satisfied Charges

₹3.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.51 Cr

Latest Charge Details

Date Lender Amount Status
03 Jul 2023 Others ₹8.92 M Open
30 Apr 2023 Others ₹4.29 Cr Open
30 Nov 2022 Others ₹2.00 M Open
23 Nov 2022 Others ₹1.23 M Open
04 Mar 2023 Others ₹2.10 Cr Satisfied

How Many Employees Work at Matgrow Renewables?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Matgrow Renewables, 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 Matgrow Renewables'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 Matgrow Renewables

Recent activity within the organization

  • Annual General Meeting

    Matgrow Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 04 Mar 2023 via Charge ID 100696069 with Others was fully satisfied on 11 Sep 2023.

    11 Sep 2023

  • Charges

    A charge registered on 23 Apr 2022 via Charge ID 100575142 with Others was fully satisfied on 29 Aug 2023.

    29 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100740894 was registered on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge registered on 10 Jan 2023 via Charge ID 100672122 with Others was fully satisfied on 02 May 2023.

    02 May 2023

  • Charges

    A charge with Others amounted to Rs. 4.29 Cr with Charge ID 100713199 was registered on 30 Apr 2023.

    30 Apr 2023

Frequently asked questions

  • Matgrow Renewables Private Limited was incorporated on 18 Sep 2020.

  • The authorized share capital of Matgrow Renewables Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 5 directors are associated with Matgrow Renewables Private Limited.

    • Arunaben Goswami
    • Ashish Jasvantkumar Goswami
    • Devdipsinh Vanrajsinh Jhala
    • Hetalben Rohitkumar Patel
    • Ashish Jasvantkumar Goswami
  • As per Ministry of Corporate Affairs (Mca), the registered address of Matgrow Renewables Private Limited is Tf-311 Sangath Central Behind Pvr Cinemas Visat Gandhinagar Highway, Motera India, Ahmedabad, Gujarat, 380005.

  • The corporate identification number (CIN) of Matgrow Renewables Private Limited is U40108GJ2020PTC116633 and the company number is 116633 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Matgrow Renewables Private Limited is https://www.matgrowrenewables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Matgrow Renewables Private Limited has risen by 201.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Matgrow Renewables Private Limited has experienced an upsurge of 994.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Matgrow Renewables Private Limited amount to ₹ 5.51 Cr.

  • The most recent Balance Sheet for Matgrow Renewables Private Limited was filed with the ROC on 31 Mar 2023.

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