New & Renewable Energy Development Corporation Of Andhra Pradesh Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.20 M
- Company Age 55 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.40 Cr
- Revenue Growth 103.47%
- Profit Growth 136.60%
- Ebitda 129.13%
- Net Worth 42.84%
- Total Assets 2.55%
About New & Renewable Energy Development Corporation Of Andhra Pradesh
New & Renewable Energy Development Corporation Of Andhra Pradesh Limited (NREDCOAPL) was founded in India on 21 October 1969 and has a glorious history of 55 years and three months. Its registered office is in Guntur, Andhra Pradesh, India.
The Corporate was formerly known as Agro Subsidiary Limited. 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 5.00 Cr and a paid-up capital of Rs 2.20 M.
The company currently has active open charges totaling ₹2.40 Cr.
Veera Kadiyam, Aswanivaraprasadha Boreddy, and Venkata Kandregula serve as directors at the Company.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U40108AP1969SGC107155
- Company No.
107155
- Company Classification
Private Limited State Government Company
- Incorporation Date
21 Oct 1969
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
What products or services does New & Renewable Energy Development Corporation Of Andhra Pradesh Limited offer?
New & Renewable Energy Development Corporation Of Andhra Pradesh Limited offers a wide range of products and services, including Environment Protection & Auditing, Energy Conservation.
Who are the key members and board of directors at New & Renewable Energy Development Corporation Of Andhra Pradesh?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Kandregula  | Managing Director | 16-Jul-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veera Kadiyam | Nominee Director | 08-Sep-2017 | Current |
| Aswanivaraprasadha Boreddy | Nominee Director | 28-Jun-2019 | Current |
Financial Performance of New & Renewable Energy Development Corporation Of Andhra Pradesh.
New & Renewable Energy Development Corporation Of Andhra Pradesh Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.47% increase. The company also saw a substantial improvement in profitability, with a 136.6% increase in profit. The company's net worth Soared by an impressive increase of 42.84%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of New & Renewable Energy Development Corporation Of Andhra Pradesh?
In 2023, New & Renewable Energy Development Corporation Of Andhra Pradesh had a promoter holding of 96.06% and a public holding of 3.94%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Andhra Pradesh Solar Power Corporation Private LimitedVenkata Kandregula is a mutual person
Andhra Pradesh Power Finance Corporation LimitedVeera Kadiyam and Venkata Kandregula are mutual person
Charges (Loans)
₹2.40 Cr
₹0
Charges Breakdown by Lending Institutions
- Indian Renewable Energy Development Agency Ltd : 2.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2004 | Indian Renewable Energy Development Agency Ltd | ₹2.40 Cr | Open |
How Many Employees Work at New & Renewable Energy Development Corporation Of Andhra Pradesh?
Unlock and access historical data on people associated with New & Renewable Energy Development Corporation Of Andhra Pradesh, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of New & Renewable Energy Development Corporation Of Andhra Pradesh, 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 New & Renewable Energy Development Corporation Of Andhra Pradesh'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
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