Matrix Gas And Renewables Limited

Develops renewable energy projects and provides solar and gas services.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 10, 2024

Matrix Gas And Renewables Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 28.70 Cr
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 115.39 Cr
  • Revenue Growth 2775.41%
  • Profit Growth 12291.04%
  • Ebitda 28014.03%
  • Net Worth 679.07%
  • Total Assets 354.75%

About Matrix Gas And Renewables

Matrix Gas And Renewables Limited (MGARL) is a Public Limited Indian Non-Government Company incorporated in India on 06 March 2018 (Six years and ten months 29 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Gensol Renewables 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 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 28.70 Cr.

The company currently has active open charges totaling ₹115.39 Cr.

The Key Managerial Personnel (KMP) at Matrix Gas And Renewables Limited India are Pavan Arya as CFO and Keval Dave as Company Secretary. Anmol Jaggi, Arun Menon, Gaurav Kharbanda, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2018PLC101075

  • Company No.

    101075

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 2018

  • Date of AGM

    29 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 Matrix Gas And Renewables?

Executive Team (3)

Name Designation Appointment Date Status
Anmol Jaggi Country flag representing In Managing Director 19-Jun-2019 Current
Pavan Arya CFO 10-May-2023 Current
Keval Dave Company Secretary 10-May-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Arun Menon Country flag representing In Director 14-Apr-2023 Current
Gaurav Kharbanda Country flag representing In Director 07-Feb-2023 Current
Chirag Kotecha Country flag representing In Whole-Time Director 17-Dec-2022 Current
Disha Kotecha Country flag representing In Director 14-Apr-2023 Current

Financial Performance of Matrix Gas And Renewables.

Matrix Gas And Renewables Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2775.41% increase. The company also saw a substantial improvement in profitability, with a 12291.04% increase in profit. The company's net worth Soared by an impressive increase of 679.07%.

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
2775.41%
Revenue from Operations
2046.07%
Total Assets
354.75%
Profit or Loss
12291.04%
Net Worth
679.07%
EBITDA
28014.03%

What is the Ownership and Shareholding Structure of Matrix Gas And Renewables?

In 2023, Matrix Gas And Renewables had a promoter holding of 92.44% and a public holding of 7.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹115.39 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 90.39 Cr
  • Hdfc Bank Limited : 25.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Jun 2024 Hdfc Bank Limited ₹25.00 Cr Open
19 Feb 2024 Others ₹15.00 Cr Open
11 Dec 2023 Others ₹25.00 Cr Open
04 Aug 2023 Others ₹50.00 Cr Open
13 Jun 2023 Others ₹3.91 M Open

How Many Employees Work at Matrix Gas And Renewables?

Matrix Gas And Renewables has a workforce of 0 employees as of Apr 03, 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 Matrix Gas And 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 Matrix Gas And 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 Matrix Gas And Renewables

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100939035 was registered on 06 Jun 2024.

    06 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100875972 was registered on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100840491 was registered on 11 Dec 2023.

    11 Dec 2023

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 04 Aug 2023 with Charge ID 100754455 was modified on 01 Dec 2023.

    01 Dec 2023

  • Annual General Meeting

    Matrix Gas And Renewables Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100754455 was registered on 04 Aug 2023.

    04 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Matrix Gas And Renewables Limited was incorporated on 06 Mar 2018.

  • The authorized share capital of Matrix Gas And Renewables Limited is ₹ 35.00 Cr and paid-up capital is ₹ 28.70 Cr.

  • Currently 7 directors are associated with Matrix Gas And Renewables Limited.

    • Anmol Singh Jaggi
    • Arun Menon
    • Gaurav Kharbanda
    • Chirag Nareshbhai Kotecha
    • Disha Chirag Kotecha
    • Pavan Ishwarlal Arya
    • Keval Dipakkumar Dave
  • As per Ministry of Corporate Affairs (Mca), the registered address of Matrix Gas And Renewables Limited is 15Th Floor A Block Westgate Business Bay S G Road, India, Ahmadabad City, Gujarat, 380051.

  • The corporate identification number (CIN) of Matrix Gas And Renewables Limited is U74999GJ2018PLC101075 and the company number is 101075 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Matrix Gas And Renewables Limited is https://www.matrixgas.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Matrix Gas And Renewables Limited has risen by 2775.41%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Matrix Gas And Renewables Limited has experienced an upsurge of 679.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Matrix Gas And Renewables Limited amount to ₹ 115.39 Cr.

  • The most recent Balance Sheet for Matrix Gas And Renewables Limited was filed with the ROC on 31 Mar 2023.

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