Reconnect Energy Solutions Limited

Provides technology-based solutions for electricity grid and renewable energy management, including predictive analytics and consulting services.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated:

Reconnect Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.58 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.50 Cr
  • Revenue Growth 27.58%
  • Profit Growth -81.39%
  • Ebitda -101.00%
  • Net Worth 6.42%
  • Total Assets 14.09%

About Reconnect Energy Solutions

Reconnect Energy Solutions Limited (RESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 September 2010 and has a history of 14 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Reconnect Energy Solutions Private 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 25.00 Cr and a paid-up capital of Rs 12.58 Cr.

The company currently has active open charges totaling ₹37.50 Cr.

The Key Managerial Personnel (KMP) at Reconnect Energy Solutions Limited India are Ashika Jindal as COMPANY SECRETARY and Prabhav Dixit as Cfo. Shekar Viswanathan, Vibhav Nuwal, Vishalkumar Pandya, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100KA2010PLC156244

  • Company No.

    024384

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2010

  • Date of AGM

    30 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

What products or services does Reconnect Energy Solutions Limited offer?

Reconnect Energy Solutions Limited offers a wide range of products and services, including ISO & Quality Management Consultants, Certification Services.

Company report

Reconnect Energy Solutions Limited

Explore comprehensive data for Reconnect Energy Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Vishalkumar Pandya Country flag representing In Managing Director18-Oct-2010Current
Ashika Jindal Company Secretary11-Jun-2024Current
Prabhav Dixit CFO13-Jun-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vibhav Nuwal Country flag representing In Director 22-Sep-2010Current
Shyam Menon Country flag representing In Director 21-Jun-2021Current
Geeta Tolia Country flag representing In Director 30-Aug-2021Current
Shekar Viswanathan Country flag representing In Director 12-Nov-2021Current
Starlene Sharma Country flag representing In Director 10-Aug-2021Current

Financial Performance of Reconnect Energy Solutions.

Reconnect Energy Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.58% increase. The company also saw a substantial fall in profitability, with a 81.39% decrease in profit. The company's net worth moved up by a moderate rise of 6.42%.

Reconnect Energy Solutions revenue growth over time
Reconnect Energy Solutions 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
27.58%
Revenue from Operations
45.45%
Total Assets
14.09%
Profit or Loss
-81.39%
Net Worth
6.42%
EBITDA
-101.00%

What is the Ownership and Shareholding Structure of Reconnect Energy Solutions?

In 2023, Reconnect Energy Solutions had a promoter holding of 83.00% and a public holding of 17.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 37.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Others₹7.50 CrOpen
15 Jun 2020Others₹20.00 CrOpen
19 Mar 2018Others₹10.00 CrOpen

How Many Employees Work at Reconnect Energy Solutions?

Reconnect Energy Solutions has a workforce of 145 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.

Employee growth trends for Reconnect Energy Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reconnect Energy Solutions, 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 Reconnect Energy Solutions'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 Reconnect Energy Solutions

Recent activity within the organization

  • Director Appointment

    Prabhav Vijayanand Dixit was appointed as a Cfo was appointed as a Cfo on 13 Jun 2024 & has been associated with this company since 9 months 24 days .

  • Director Appointment

    Ashika Jindal was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jun 2024 & has been associated with this company since 9 months 26 days .

  • Annual General Meeting

    Reconnect Energy Solutions Limited last Annual general meeting of members was held on 30 May 2024 as per latest MCA records.

  • Balance Sheet

    Reconnect Energy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100899161 was registered on 22 Mar 2024.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 15 Jun 2020 with Charge ID 100343793 was modified on 22 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Reconnect Energy Solutions Limited?

    Reconnect Energy Solutions Limited was incorporated on 22 Sep 2010.

  • What is authorized share capital and paid-up capital of Reconnect Energy Solutions Limited?

    The authorized share capital of Reconnect Energy Solutions Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.58 Cr.

  • Who are the current board members & directors of Reconnect Energy Solutions Limited?

    Currently 8 directors are associated with Reconnect Energy Solutions Limited.

    • Shekar Viswanathan
    • Vibhav Nuwal
    • Vishalkumar Harshadbhai Pandya
    • Shyam Menon
    • Starlene Sharma
    • Ashika Jindal
    • Prabhav Vijayanand Dixit
    • Geeta Prafullachandra Tolia

  • What is the registered address of Reconnect Energy Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Reconnect Energy Solutions Limited is V K Kalyani No. 22 7Th Floor, Sankey Road India, Bengalore, Karnataka, 560020.

  • What is the corporate identification number (CIN) and company number of Reconnect Energy Solutions Limited?

    The corporate identification number (CIN) of Reconnect Energy Solutions Limited is U72100KA2010PLC156244 and the company number is 024384 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Reconnect Energy Solutions Limited?

    The Official website of Reconnect Energy Solutions Limited is https://www.reconnectenergy.com

  • What has been the recent revenue trend for Reconnect Energy Solutions Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Reconnect Energy Solutions Limited has risen by 27.58%.

  • How many employees does Reconnect Energy Solutions Limited currently have?

    As Per 2023 financial reports, 145 employees are currently employed by Reconnect Energy Solutions Limited.

  • What change has been observed in the net worth of Reconnect Energy Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Reconnect Energy Solutions Limited has experienced an upsurge of 6.42%.

  • What are the total open charges for Reconnect Energy Solutions Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Reconnect Energy Solutions Limited amount to ₹ 37.50 Cr.

  • When was the last Balance Sheet of Reconnect Energy Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Reconnect Energy Solutions Limited was filed with the ROC on 31 Mar 2024.

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