Ramnad Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 127.00 Cr
- Paid Up Capital ₹ 127.00 Cr
- Company Age 9 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 372.72 Cr
- Revenue Growth 258.94%
- Profit Growth 771.33%
- Ebitda 258.41%
- Net Worth 142.32%
- Total Assets 41.64%
About Ramnad Renewable Energy
Ramnad Renewable Energy Limited (RREL) is Amalgamated company established on 05 Jun 2015 with its office registered at Gandhi Nagar, Gujarat, India and has been running since 9 Year, 10 Months with a paid up capital of 127.00 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40300GJ2015PLC083427
- Company No.
083427
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jun 2015
- Date of AGM
18 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Environment
Ramnad Renewable Energy Limited
Explore comprehensive data for Ramnad Renewable Energy Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ramnad Renewable Energy?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dipak Gupta  | CFO | 13-May-2019 | Current |
| Bhagyashree Vaswani | Company Secretary | 11-Mar-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhilash Mehta | Director | 10-Jun-2019 | Current |
| Manuguri Rao | Director | 05-Jun-2015 | Current |
| Nayanaben Gadhvi | Director | 30-Mar-2019 | Current |
| Manish | Director | 31-Mar-2021 | Current |
| Ketan Dave | Whole-Time Director | 01-Feb-2020 | Current |
Financial Performance of Ramnad Renewable Energy.
Ramnad Renewable Energy Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 258.94% increase. The company also saw a substantial improvement in profitability, with a 771.33% increase in profit. The company's net worth Soared by an impressive increase of 142.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ramnad Renewable Energy?
In 2023, Ramnad Renewable 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)
Mundra Solar Technopark Private LimitedNayanaben Gadhvi is a mutual person
Adani Kandla Bulk Terminal Private LimitedNayanaben Gadhvi is a mutual person
Adani Transmission Bikaner Sikar LimitedNayanaben Gadhvi is a mutual person
Adani Solar Energy Chitrakoot One LimitedKetan Dave is a mutual person
- Adani Renewable Energy (Mh) Limited
Ketan Dave is a mutual person
Kutchh Power Generation LimitedManuguri Rao is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹372.72 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 236.72 Cr
- Others : 116.00 Cr
- Sbicap Trustee Company Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2017 | Sbicap Trustee Company Limited | ₹20.00 Cr | Satisfied |
| 22 Dec 2015 | Standard Chartered Bank | ₹236.72 Cr | Satisfied |
| 27 Aug 2015 | Others | ₹116.00 Cr | Satisfied |
How Many Employees Work at Ramnad Renewable Energy?
Unlock and access historical data on people associated with Ramnad Renewable Energy, 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 Ramnad Renewable 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 Ramnad Renewable 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 Ramnad Renewable Energy
Recent activity within the organization
- Charges
A charge registered on 30 Jan 2017 via Charge ID 100080368 with Sbicap Trustee Company Limited was fully satisfied on 10 Jan 2024.
- Annual General Meeting
Ramnad Renewable Energy Limited last Annual general meeting of members was held on 18 Jul 2023 as per latest MCA records.
- Balance Sheet
Ramnad Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Manish was appointed as a Director was appointed as a Director on 31 Mar 2021 & has been associated with this company since 4 years 12 days .
- Director Appointment
Bhagyashree Vaswani was appointed as a Company Secretary was appointed as a Company Secretary on 11 Mar 2020 & has been associated with this company since 5 years 1 month .
- Director Appointment
Ketan Dave was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Feb 2020 & has been associated with this company since 5 years 2 months .
Recent News, Updates & Announcement
- Adani Group Denies Bribery Allegations, JP Morgan Report Supports Transparency in India's Renewable Energy Sector.
Adani Group denies bribery allegations from US DoJ, says report is false. JP Morgan report also states that bribery is unlikely due to transparency in renewable energy sector in India. Adani Green Energy Ltd aware of investigation but has no relationship with third party involved. JP Morgan believes there will be no financial impact even if investigation leads to prosecution. Transparency in India's renewable energy tenders makes corruption and bribery highly unlikely. Disclaimer: This post is from an agency feed and has not been reviewed by an editor..
- 'False': Adani Group denies getting any notice from US court on bribery allegations.
Several of Adani Group’s dollar bonds fell the most in more than a year on Monday, and most of the group’s shares declined..
- Adani to invest 70 pc of total investments in green energy: Sources.
New Delhi, March 18: The Adani Group is expected to invest more than 70 per cent of its total investments towards green energy, including renewable power, green hydrogen, and green evacuation transmission line, sources said..
Frequently asked questions
What is the Incorporation or founding date of Ramnad Renewable Energy Limited?
Ramnad Renewable Energy Limited was incorporated on 05 Jun 2015.
What is authorized share capital and paid-up capital of Ramnad Renewable Energy Limited?
The authorized share capital of Ramnad Renewable Energy Limited is ₹ 127.00 Cr and paid-up capital is ₹ 127.00 Cr.
Who are the current board members & directors of Ramnad Renewable Energy Limited?
Currently 7 directors are associated with Ramnad Renewable Energy Limited.
- Manuguri Raghavendra Krishna Rao
- Abhilash Mehta
- Nayanaben Bhairavdanji Gadhvi
- Manish
- Ketan Dave
- Dipak Lakhanlal Gupta
- Bhagyashree Vaswani
What is the registered address of Ramnad Renewable Energy Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ramnad Renewable Energy Limited is Adani Corporate House Shantigram Nr. Vaishno Devi Circle S G Highway, Kh Odiyar India, Ahmedabad, Gujarat, 382421.
What is the corporate identification number (CIN) and company number of Ramnad Renewable Energy Limited?
The corporate identification number (CIN) of Ramnad Renewable Energy Limited is U40300GJ2015PLC083427 and the company number is 083427 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ramnad Renewable Energy Limited?
The Official website of Ramnad Renewable Energy Limited is https://www.adani.com
What has been the recent revenue trend for Ramnad Renewable Energy Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ramnad Renewable Energy Limited has risen by 258.94%.
What change has been observed in the net worth of Ramnad Renewable Energy Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ramnad Renewable Energy Limited has experienced an upsurge of 142.32%.
When was the last Balance Sheet of Ramnad Renewable Energy Limited filed with the ROC?
The most recent Balance Sheet for Ramnad Renewable Energy Limited was filed with the ROC on 31 Mar 2023.
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