Ren Solar Energy Solutions Private Limited

Founded in 2012 and headquartered in Tamil Nadu, India.

2012 | Madurai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Ren Solar Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.61 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.25 M
  • Revenue Growth 242.30%
  • Profit Growth 329.29%
  • Ebitda 1809.61%
  • Net Worth 41.13%
  • Total Assets 26.12%

About Ren Solar Energy Solutions

Ren Solar Energy Solutions Private Limited (RSESPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 February 2012 and has a history of 12 years and 11 months. Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.61 M.

The company currently has active open charges totaling ₹1.25 M.

Subhashini Saravanan, Selvaraj Vijayalakshmi, and Anandhan Renganathan serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solares.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106TN2012PTC084628

  • Company No.

    084628

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Ren Solar Energy Solutions Private Limited offer?

Ren Solar Energy Solutions Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Solar Inverter, Pumps, Pumping Machines & Spares, Well Pump, Solar Water Heater, Street, Flood and Commercial Lights, Street Lights, Solar Pumps, Batteries & Charge Storage Devices.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anandhan Renganathan Country flag representing In Managing Director24-Feb-2012Current

Board Members (2)

NameDesignationAppointment DateStatus
Subhashini Saravanan Country flag representing In Director 23-Feb-2017Current
Selvaraj Vijayalakshmi Country flag representing In Director 20-Jun-2022Current

Financial Performance of Ren Solar Energy Solutions.

Ren Solar Energy Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 242.3% increase. The company also saw a substantial improvement in profitability, with a 329.29% increase in profit. The company's net worth Soared by an impressive increase of 41.13%.

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
242.30%
Revenue from Operations
279.71%
Total Assets
26.12%
Profit or Loss
329.29%
Net Worth
41.13%
EBITDA
1809.61%

What is the Ownership and Shareholding Structure of Ren Solar Energy Solutions?

In 2023, Ren Solar Energy Solutions had a promoter holding of 98.36% and a public holding of 1.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.25 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.10 Cr
  • Canara Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2024Canara Bank₹0.25 MOpen
16 Mar 2015Syndicate Bank₹1.00 MOpen

How Many Employees Work at Ren Solar Energy Solutions?

Unlock and access historical data on people associated with Ren Solar Energy Solutions, 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 Ren Solar 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 Ren Solar 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 Ren Solar Energy Solutions

Recent activity within the organization

  • Annual General Meeting

    Ren Solar Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ren Solar Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.25 M with Charge ID 100917535 was registered on 12 Mar 2024.

    12 Mar 2024

  • Director Appointment

    Selvaraj Vijayalakshmi was appointed as a Director was appointed as a Director on 20 Jun 2022 & has been associated with this company since 2 years 8 months .

    20 Jun 2022

  • Director Appointment

    Subhashini Saravanan was appointed as a Director was appointed as a Director on 23 Feb 2017 & has been associated with this company since 7 years 11 months .

    23 Feb 2017

  • Charges

    A charge with Syndicate Bank amounted to Rs. 1.00 M with Charge ID 10580797 was registered on 16 Mar 2015.

    16 Mar 2015

Frequently asked questions

  • Ren Solar Energy Solutions Private Limited was incorporated on 24 Feb 2012.

  • The authorized share capital of Ren Solar Energy Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.61 M.

  • Currently 3 directors are associated with Ren Solar Energy Solutions Private Limited.

    • Subhashini Saravanan
    • Selvaraj Vijayalakshmi
    • Anandhan Renganathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ren Solar Energy Solutions Private Limited is Plot No: 32 Sambakkulam Ganesh Nagar, India, Madurai, Tamil Nadu, 625007.

  • The corporate identification number (CIN) of Ren Solar Energy Solutions Private Limited is U40106TN2012PTC084628 and the company number is 084628 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ren Solar Energy Solutions Private Limited is https://www.solares.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ren Solar Energy Solutions Private Limited has risen by 242.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ren Solar Energy Solutions Private Limited has experienced an upsurge of 41.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ren Solar Energy Solutions Private Limited amount to ₹ 1.25 M.

  • The most recent Balance Sheet for Ren Solar Energy Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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