Navitas Alpha Renewables Private Limited

Solar equipment manufacturing and production for renewable energy.

2019 | Surat, Gujarat (India) | Active
Last Updated: October 24, 2024

Navitas Alpha Renewables Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.94 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.61 Cr
  • Revenue Growth 69.83%
  • Profit Growth -692.23%
  • Ebitda -67.69%
  • Net Worth 82.06%
  • Total Assets 83.22%

About Navitas Alpha Renewables

Navitas Alpha Renewables Private Limited (NARPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 October 2019 (Five years and three months 10 days old ). Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Evonique India Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 7.00 Cr and a paid-up capital of Rs 6.94 Cr.

The company currently has active open charges totaling ₹22.61 Cr.

Akshay Agarwal and Ankit Singhania serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29304GJ2019PTC110515

  • Company No.

    110515

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2019

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

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

Board Members (2)

Name Designation Appointment Date Status
Akshay Agarwal Country flag representing In Director 25-Oct-2019 Current
Ankit Singhania Country flag representing In Director 25-Oct-2019 Current

Financial Performance of Navitas Alpha Renewables.

Navitas Alpha Renewables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.83% increase. The company also saw a substantial fall in profitability, with a 692.23% decrease in profit. The company's net worth Soared by an impressive increase of 82.06%.

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
69.83%
Revenue from Operations
67.75%
Total Assets
83.22%
Profit or Loss
-692.23%
Net Worth
82.06%
EBITDA
-67.69%

What is the Ownership and Shareholding Structure of Navitas Alpha Renewables?

In 2023, Navitas Alpha Renewables had a promoter holding of 89.33% and a public holding of 10.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.61 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 22.61 Cr

Latest Charge Details

Date Lender Amount Status
06 Jul 2020 Others ₹22.61 Cr Open

How Many Employees Work at Navitas Alpha Renewables?

Navitas Alpha Renewables has a workforce of 25 employees as of Mar 24, 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 Navitas Alpha 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 Navitas Alpha 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 Navitas Alpha Renewables

Recent activity within the organization

  • Annual General Meeting

    Navitas Alpha Renewables Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Navitas Alpha Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 22.61 Cr registered on 06 Jul 2020 with Charge ID 100354853 was modified on 01 Sep 2022.

    01 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 22.61 Cr with Charge ID 100354853 was registered on 06 Jul 2020.

    06 Jul 2020

  • Director Appointment

    Akshay Kamalkishore Agarwal was appointed as a Director was appointed as a Director on 25 Oct 2019 & has been associated with this company since 5 years 3 months .

    25 Oct 2019

  • Director Appointment

    Ankit Vishwanath Singhania was appointed as a Director was appointed as a Director on 25 Oct 2019 & has been associated with this company since 5 years 3 months .

    25 Oct 2019

Frequently asked questions

  • Navitas Alpha Renewables Private Limited was incorporated on 25 Oct 2019.

  • The authorized share capital of Navitas Alpha Renewables Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.94 Cr.

  • Currently 2 directors are associated with Navitas Alpha Renewables Private Limited.

    • Akshay Kamalkishore Agarwal
    • Ankit Vishwanath Singhania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navitas Alpha Renewables Private Limited is Off No 505 506 5Th Fl Union Heights Vesu, Taluka: City India, Surat, Gujarat, 395007.

  • The corporate identification number (CIN) of Navitas Alpha Renewables Private Limited is U29304GJ2019PTC110515 and the company number is 110515 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navitas Alpha Renewables Private Limited is https://www.navitasalpha.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navitas Alpha Renewables Private Limited has risen by 69.83%.

  • As Per 2023 financial reports, 25 employees are currently employed by Navitas Alpha Renewables Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navitas Alpha Renewables Private Limited has experienced an upsurge of 82.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navitas Alpha Renewables Private Limited amount to ₹ 22.61 Cr.

  • The most recent Balance Sheet for Navitas Alpha Renewables Private Limited was filed with the ROC on 31 Mar 2024.