Pickrenew Energy Private Limited

This company specializes in energy generation and distribution using various methods including renewable sources.

2019 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Pickrenew Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.77 Cr
  • Revenue Growth 173.21%
  • Profit Growth 132.24%
  • Ebitda 135.32%
  • Net Worth 130.51%
  • Total Assets -42.37%

About Pickrenew Energy

Pickrenew Energy Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 August 2019 (Five years and five months 18 days old ). Its registered office is in Indore, Madhya Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹32.77 Cr.

Sumit Somani, Ratan Somani, and Amit Somani serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pickrenew.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106MP2019PTC049474

  • Company No.

    049474

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2019

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Environment
Energy and Power

What products or services does Pickrenew Energy Private Limited offer?

Pickrenew Energy Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Windmills & Wind Turbines.

Who are the key members and board of directors at Pickrenew Energy?

Board Members (3)

Name Designation Appointment Date Status
Sumit Somani Country flag representing In Director 30-Aug-2019 Current
Ratan Somani Country flag representing In Director 30-Aug-2019 Current
Amit Somani Country flag representing In Director 06-Jan-2020 Current

Financial Performance of Pickrenew Energy.

Pickrenew Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 173.21% increase. The company also saw a substantial improvement in profitability, with a 132.24% increase in profit. The company's net worth Soared by an impressive increase of 130.51%.

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
173.21%
Revenue from Operations
173.64%
Total Assets
-42.37%
Profit or Loss
132.24%
Net Worth
130.51%
EBITDA
135.32%

What is the Ownership and Shareholding Structure of Pickrenew Energy?

In 2023, Pickrenew 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹327.72 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 31.30 Cr
  • Axis Bank Limited : 1.47 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2022 Axis Bank Limited ₹1.47 Cr Open
07 Jul 2020 Hdfc Bank Limited ₹31.30 Cr Open

How Many Employees Work at Pickrenew Energy?

Unlock and access historical data on people associated with Pickrenew Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pickrenew 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 Pickrenew Energy'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 Pickrenew Energy

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 313.00 M registered on 07 Jul 2020 with Charge ID 100354811 was modified on 19 Jun 2024.

    19 Jun 2024

  • Annual General Meeting

    Pickrenew Energy Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Pickrenew Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 14.72 M with Charge ID 100675378 was registered on 26 Dec 2022.

    26 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 313.00 M with Charge ID 100354811 was registered on 07 Jul 2020.

    07 Jul 2020

  • Director Appointment

    Amit Somani was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

    06 Jan 2020

Frequently asked questions

  • Pickrenew Energy Private Limited was incorporated on 30 Aug 2019.

  • The authorized share capital of Pickrenew Energy Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.10 M.

  • Currently 3 directors are associated with Pickrenew Energy Private Limited.

    • Sumit Kumar Somani
    • Ratan Devi Somani
    • Amit Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pickrenew Energy Private Limited is Office No. A-102 First Floor Plot 161-162C Basant Vihar, India, Indore, Madhya Pradesh, 452010.

  • The corporate identification number (CIN) of Pickrenew Energy Private Limited is U40106MP2019PTC049474 and the company number is 049474 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pickrenew Energy Private Limited is https://www.pickrenew.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pickrenew Energy Private Limited has risen by 173.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pickrenew Energy Private Limited has experienced an upsurge of 130.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pickrenew Energy Private Limited amount to ₹ 32.77 Cr.

  • The most recent Balance Sheet for Pickrenew Energy Private Limited was filed with the ROC on 31 Mar 2023.