Pennar Renewables Private Limited

Developing and operating solar power capacity in Telangana, with 20-year PPA agreements.

2013 | Hyderabad, Telangana (India) | Active
Last Updated: December 24, 2024

Pennar Renewables Profile

Key Indicators

  • Authorised Capital ₹ 5.40 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 140.00 Cr
  • Satisfied Charges ₹ 114.80 Cr
  • Revenue Growth -4.64%
  • Profit Growth -45.66%
  • Ebitda -16.15%
  • Net Worth 1.79%
  • Total Assets -2.79%

About Pennar Renewables

Pennar Renewables Private Limited (PRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 2013 and has a history of 11 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as New Era Enviro Ventures (Karimnagar) Pri Vate 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 2024. It's a company limited by shares with an authorized capital of Rs 5.40 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹140.00 Cr. The company has closed loans amounting to ₹114.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rama Thota and Srinivas Popuri serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40108TG2013PTC089133

  • Company No.

    089133

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2013

  • Date of AGM

    26 Sep 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 Pennar Renewables?

Board Members (2)

NameDesignationAppointment DateStatus
Rama Thota Country flag representing In Director 01-Jan-2018Current
Srinivas Popuri Country flag representing In Director 01-Mar-2021Current

Financial Performance of Pennar Renewables.

Pennar Renewables Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.64% decrease. The company also saw a substantial fall in profitability, with a 45.66% decrease in profit. The company's net worth moved up by a moderate rise of 1.79%.

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
-4.64%
Revenue from Operations
-5.45%
Total Assets
-2.79%
Profit or Loss
-45.66%
Net Worth
1.79%
EBITDA
-16.15%

What is the Ownership and Shareholding Structure of Pennar Renewables?

In 2023, Pennar Renewables had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹140.00 Cr

Satisfied Charges

₹114.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 140.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2018Others₹140.00 CrOpen
19 Mar 2019Others₹10.00 CrSatisfied
30 Jun 2016State Bank Of India₹79.80 CrSatisfied
22 Jun 2016Ifci Limited₹25.00 CrSatisfied

How Many Employees Work at Pennar Renewables?

Pennar Renewables has a workforce of 22 employees as of Apr 04, 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 Pennar 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 Pennar 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 Pennar Renewables

Recent activity within the organization

  • Annual General Meeting

    Pennar Renewables Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Pennar Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 19 Mar 2019 via Charge ID 100246559 with Others was fully satisfied on 24 Apr 2023.

    24 Apr 2023

  • Director Appointment

    Srinivas Popuri was appointed as a Director was appointed as a Director on 01 Mar 2021 & has been associated with this company since 3 years 11 months .

    01 Mar 2021

  • Charges

    A charge with Others of Rs. 140.00 Cr registered on 24 Aug 2018 with Charge ID 100200766 was modified on 13 Dec 2019.

    13 Dec 2019

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100246559 was registered on 19 Mar 2019.

    19 Mar 2019

Frequently asked questions

  • Pennar Renewables Private Limited was incorporated on 25 Jul 2013.

  • The authorized share capital of Pennar Renewables Private Limited is ₹ 5.40 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Pennar Renewables Private Limited.

    • Rama Gopal Thota
    • Srinivas Popuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pennar Renewables Private Limited is Fourth Floor Plot No.13 Sy. No. 64 Part Block D Hitech City Layout Madhapur Village, India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Pennar Renewables Private Limited is U40108TG2013PTC089133 and the company number is 089133 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pennar Renewables Private Limited has fallen by -4.64%.

  • As Per 2023 financial reports, 22 employees are currently employed by Pennar Renewables Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pennar Renewables Private Limited has experienced an upsurge of 1.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pennar Renewables Private Limited amount to ₹ 140.00 Cr.

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

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