Reconnect Energy Solutions Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 02-07-2024
- Paid Up Capital ₹ 12.52 Cr
as on 02-07-2024
- Company Age 14 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.50 Cr
as on 02-07-2024
- Revenue 27.58%
(FY 2023)
- Profit -81.39%
(FY 2023)
- Ebitda -101.00%
(FY 2023)
- Net Worth 6.42%
(FY 2023)
- Total Assets 14.09%
(FY 2023)
About Reconnect Energy Solutions
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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 12.52 Cr.
The company currently has active open charges totaling ₹37.50 Cr.
The Key Managerial Personnel (KMP) at Reconnect Energy Solutions Limited India are Kavya Anegundi as COMPANY SECRETARY and Reshma Mehta as Cfo. Vibhav Nuwal, Shekar Viswanathan, Shyam Menon, and Four other members serve as directors at the Company.
- CIN/LLPIN
U72100KA2010PLC156244
- Company No.
024384
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2010
- Date of AGM
16 May 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bengalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Reconnect Energy Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishalkumar Pandya  | Managing Director | 18-Oct-2010 | Current |
| Kavya Anegundi | Company Secretary | 30-Aug-2021 | Current |
| Reshma Mehta | CFO | 16-Jul-2021 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vibhav Nuwal | Director | 22-Sep-2010 | Current |
| Shyam Menon | Director | 21-Jun-2021 | Current |
| Geeta Tolia | Director | 30-Aug-2021 | Current |
| Shekar Viswanathan | Director | 12-Nov-2021 | Current |
| Shrikrishna Khaparde | Director | 10-Aug-2021 | Current |
| Starlene Sharma | Director | 10-Aug-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Reconnect Energy FoundationActive 2 years 5 monthsVibhav Nuwal and Vishalkumar Pandya are mutual person
Sarotam Industrial Goods Retail Distribution Private LimitedActive 7 years 8 monthsGeeta Tolia is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Mar 2024 | ₹7.50 Cr | Open |
Others Creation Date: 15 Jun 2020 | ₹20.00 Cr | Open |
Others Creation Date: 19 Mar 2018 | ₹10.00 Cr | Open |
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.
Deals i
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
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.
