Ramnad Renewable Energy Limited

Specializes in renewable energy production and distribution through solar, wind, hydro, and thermal sources.

2015 | Gandhi Nagar, Gujarat (India) | Merged
Last Updated: January 16, 2025

Ramnad Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 127.00 Cr
  • Paid Up Capital ₹ 127.00 Cr
  • Company Age 9 Year, 7 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, 7 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

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

Executive Team (2)

Name Designation Appointment Date Status
Dipak Gupta Country flag representing In CFO 13-May-2019 Current
Bhagyashree Vaswani Country flag representing In Company Secretary 11-Mar-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Abhilash Mehta Country flag representing In Director 10-Jun-2019 Current
Manuguri Rao Country flag representing In Director 05-Jun-2015 Current
Nayanaben Gadhvi Country flag representing In Director 30-Mar-2019 Current
Manish Country flag representing In Director 31-Mar-2021 Current
Ketan Dave Country flag representing In 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%.

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
258.94%
Revenue from Operations
250.30%
Total Assets
41.64%
Profit or Loss
771.33%
Net Worth
142.32%
EBITDA
258.41%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    18 Jul 2023

  • Balance Sheet

    Ramnad Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Manish was appointed as a Director was appointed as a Director on 31 Mar 2021 & has been associated with this company since 3 years 10 months .

    31 Mar 2021

  • 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 4 years 10 months .

    11 Mar 2020

  • 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 .

    01 Feb 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Ramnad Renewable Energy Limited was incorporated on 05 Jun 2015.

  • The authorized share capital of Ramnad Renewable Energy Limited is ₹ 127.00 Cr and paid-up capital is ₹ 127.00 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Ramnad Renewable Energy Limited is https://www.adani.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ramnad Renewable Energy Limited has risen by 258.94%.

  • 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%.

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

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