Mytrah Akshaya Energy Profile
Key Indicators
- Authorised Capital ₹ 3.55 Cr
- Paid Up Capital ₹ 2.84 Cr
- Company Age 8 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 121.88 Cr
- Satisfied Charges ₹ 119.23 Cr
- Revenue Growth -56.16%
- Profit Growth -97.44%
- Ebitda -62.51%
- Net Worth 1.19%
- Total Assets -3.88%
About Mytrah Akshaya Energy
Mytrah Akshaya Energy Private Limited (MAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2016 (Eight years and nine months 25 days old ). Its registered office is in Rangareddy, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.55 Cr and a paid-up capital of Rs 2.84 Cr.
The company currently has active open charges totaling ₹121.88 Cr. The company has closed loans amounting to ₹119.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gyan Kumar, Rakesh Punamiya, and Amit Batra serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106TG2016PTC110055
- Company No.
110055
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2016
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Environment
Who are the key members and board of directors at Mytrah Akshaya Energy?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gyan Kumar  | Director | 29-Mar-2023 | Current |
| Rakesh Punamiya | Director | 31-Mar-2023 | Current |
| Amit Batra | Director | 22-May-2024 | Current |
Financial Performance of Mytrah Akshaya Energy.
Mytrah Akshaya Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.16% decrease. The company also saw a substantial fall in profitability, with a 97.44% decrease in profit. The company's net worth moved up by a moderate rise of 1.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mytrah Akshaya Energy?
In 2023, Mytrah Akshaya Energy 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)
- Mytrah Vayu (Adyar) Private Limited
Gyan Kumar is a mutual person
- Mytrah Tejas Power Private Limited
Gyan Kumar is a mutual person
- Mytrah Aakash Power Private Limited
Gyan Kumar and Amit Batra are mutual person
- Mytrah Agriya Power Private Limited
Gyan Kumar, Rakesh Punamiya and 1 more are mutual person
- Jsw Adarsh Power Private Limited
Gyan Kumar and Amit Batra are mutual person
- Jsw Advaith Power Private Limited
Gyan Kumar, Rakesh Punamiya and 1 more are mutual person
Charges (Loans)
Open Charges
₹121.88 Cr
Satisfied Charges
₹119.23 Cr
Charges Breakdown by Lending Institutions
- Others : 121.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2024 | Others | ₹5.33 Cr | Open |
| 19 Oct 2023 | Others | ₹53.69 Cr | Open |
| 27 Sep 2018 | Others | ₹62.86 Cr | Open |
| 24 Jan 2018 | Others | ₹49.00 Cr | Satisfied |
| 23 Aug 2017 | Idbi Trusteeship Services Limited | ₹70.23 Cr | Satisfied |
How Many Employees Work at Mytrah Akshaya Energy?
Mytrah Akshaya Energy has a workforce of 3 employees as of Apr 02, 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 Mytrah Akshaya 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 Mytrah Akshaya Energy'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 Mytrah Akshaya Energy
Recent activity within the organization
- Annual General Meeting
Mytrah Akshaya Energy Private Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.
- Director Appointment
Amit Batra was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 10 months 5 days .
- Charges
A charge with Others amounted to Rs. 5.33 Cr with Charge ID 100925169 was registered on 25 Apr 2024.
- Balance Sheet
Mytrah Akshaya Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Others amounted to Rs. 53.69 Cr with Charge ID 100808729 was registered on 19 Oct 2023.
- Director Appointment
Rakesh Punamiya was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 11 months .
Recent News, Updates & Announcement
Mytrah Energy delists from London’s Alternative Investment Market.Mytrah Energy had listed on the London Stock Exchange’s submarket in 2010 when it had raised $80 million from institutional investors.
- Piramal Group in Talks to Acquire Mytrah Energy's Renewable Power Projects Through New Private InvIT Co-Owned with CPPIB.
Piramal Group wants to buy Mytrah Energy's renewable power projects through their new private InvIT, which is co-owned by Piramal and Canadian pension fund CPPIB. They know Mytrah's assets well and discussions have been going on for a while. Piramal had previously given loans to Mytrah and wants to acquire their operational assets to avoid them becoming non-performing. Mytrah has built 2000-MW of renewable power and sells it to state grids through long-term PPAs. CPPIB and Piramal plan to set up a renewable-energy focused InvIT to raise $600 million and buy operational assets. India needs a lot of investment in renewable energy and grid expansion to meet its targets..
- Canada’s Brookfield looks to acquire Mytrah Energy | Mint.
Stake sale could be valued at more than $1 billion, reaching up to nearly $1.5 billion.The deal will also be largest transaction in the Indian renewable space in terms of size of the portfolio.
- Mytrah Energy (India) Wins Bid for 300 Mw Wind Energy Project in Tamil Nadu with Record-Breaking Tariff.
Mytrah Energy (India) got a deal with SECI to build a 300 Mw wind energy project in Tamil Nadu. They won the bid with a tariff of Rs 2.52 per unit. The project will be completed in 18 months and Mytrah is confident about it. They have a portfolio of 40 projects in wind and solar power across 9 states..
- Mytrah Energy commissions 103.5 Kw rooftop solar power project in Maharashtra.
The rooftop solar project is expected to help reduce the hospital’s annual electricity bill, around Rs 15 lakh based on the current tariff.
Frequently asked questions
What is the Incorporation or founding date of Mytrah Akshaya Energy Private Limited?
Mytrah Akshaya Energy Private Limited was incorporated on 02 Jun 2016.
What is authorized share capital and paid-up capital of Mytrah Akshaya Energy Private Limited?
The authorized share capital of Mytrah Akshaya Energy Private Limited is ₹ 3.55 Cr and paid-up capital is ₹ 2.84 Cr.
Who are the current board members & directors of Mytrah Akshaya Energy Private Limited?
Currently 3 directors are associated with Mytrah Akshaya Energy Private Limited.
- Gyan Bhadra Kumar
- Rakesh Punamiya
- Amit Batra
What is the registered address of Mytrah Akshaya Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mytrah Akshaya Energy Private Limited is 8001 8Th Floor Q-City S.No.109 Nanakramguda, Gachibowli India, Hyderabad, Telangana, 500032.
What is the corporate identification number (CIN) and company number of Mytrah Akshaya Energy Private Limited?
The corporate identification number (CIN) of Mytrah Akshaya Energy Private Limited is U40106TG2016PTC110055 and the company number is 110055 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mytrah Akshaya Energy Private Limited?
The Official website of Mytrah Akshaya Energy Private Limited is https://www.mytrah.com
What has been the recent revenue trend for Mytrah Akshaya Energy Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mytrah Akshaya Energy Private Limited has fallen by -56.16%.
How many employees does Mytrah Akshaya Energy Private Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Mytrah Akshaya Energy Private Limited.
What change has been observed in the net worth of Mytrah Akshaya Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mytrah Akshaya Energy Private Limited has experienced an upsurge of 1.19%.
What are the total open charges for Mytrah Akshaya Energy Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mytrah Akshaya Energy Private Limited amount to ₹ 121.88 Cr.
When was the last Balance Sheet of Mytrah Akshaya Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Mytrah Akshaya Energy Private Limited was filed with the ROC on 31 Mar 2024.
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