Renew Akshay Urja Limited

Solar energy company providing electricity generation, distribution, and supply services in Telangana.

2015 | Delhi (India) | Active
Last Updated: November 16, 2024

Renew Akshay Urja Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 13.30 Cr
  • Company Age 10 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,022.00 Cr
  • Satisfied Charges ₹ 690.71 Cr
  • Revenue Growth 3.13%
  • Profit Growth 9.54%
  • Ebitda 3.83%
  • Net Worth 9.57%
  • Total Assets 3.64%

About Renew Akshay Urja

Renew Akshay Urja Limited (RAUL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 2015 and has a history of Ten years. Its registered office is in Delhi, India.

The Corporate was formerly known as Renew Akshay Urja 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 13.30 Cr.

The company currently has active open charges totaling ₹1,022.00 Cr. The company has closed loans amounting to ₹690.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Renew Akshay Urja Limited India are Anand Jaisinghani as CFO and Sachin Kumar as Company Secretary. Kannan Sharma, Gaurav Wadhwa, Parul Agrawal, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300DL2015PLC275651

  • Company No.

    275651

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

Who are the key members and board of directors at Renew Akshay Urja?

Executive Team (3)

Name Designation Appointment Date Status
Parul Agrawal Country flag representing In Managing Director 07-Mar-2023 Current
Anand Jaisinghani CFO 10-Nov-2023 Current
Sachin Kumar Country flag representing In Company Secretary 20-May-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Kannan Sharma Country flag representing In Director 29-Jan-2018 Current
Gaurav Wadhwa Country flag representing In Director 28-Jun-2017 Current
Varun Chugh Country flag representing In Director 07-Mar-2023 Current

Financial Performance of Renew Akshay Urja.

Renew Akshay Urja Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.13% increase. The company also saw a slight improvement in profitability, with a 9.54% increase in profit. The company's net worth moved up by a moderate rise of 9.57%.

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
3.13%
Revenue from Operations
1.17%
Total Assets
3.64%
Profit or Loss
9.54%
Net Worth
9.57%
EBITDA
3.83%

What is the Ownership and Shareholding Structure of Renew Akshay Urja?

In 2023, Renew Akshay Urja 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

₹1,022.00 Cr

Satisfied Charges

₹690.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 1022.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 2017 Others ₹262.00 Cr Open
20 Sep 2017 Others ₹760.00 Cr Open
06 Nov 2015 Idbi Trusteeship Services Limited ₹690.71 Cr Satisfied

How Many Employees Work at Renew Akshay Urja?

Unlock and access historical data on people associated with Renew Akshay Urja, 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 Renew Akshay Urja, 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 Renew Akshay Urja'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 Renew Akshay Urja

Recent activity within the organization

  • Annual General Meeting

    Renew Akshay Urja Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sachin Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 20 May 2024 & has been associated with this company since 8 months 13 days .

    20 May 2024

  • Balance Sheet

    Renew Akshay Urja Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Parul Agrawal was appointed as a Managing Director was appointed as a Managing Director on 07 Mar 2023 & has been associated with this company since 1 year 10 months .

    07 Mar 2023

  • Director Appointment

    Varun Chugh was appointed as a Director was appointed as a Director on 07 Mar 2023 & has been associated with this company since 1 year 10 months .

    07 Mar 2023

  • Charges

    A charge with Others of Rs. 262.00 Cr registered on 22 Dec 2017 with Charge ID 100149049 was modified on 26 Sep 2018.

    26 Sep 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Renew Akshay Urja Limited was incorporated on 19 Jan 2015.

  • The authorized share capital of Renew Akshay Urja Limited is ₹ 25.00 Cr and paid-up capital is ₹ 13.30 Cr.

  • Currently 6 directors are associated with Renew Akshay Urja Limited.

    • Kannan Natraj Sharma
    • Gaurav Wadhwa
    • Parul Agrawal
    • Varun Chugh
    • Anand Jaisinghani
    • Sachin Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Renew Akshay Urja Limited is 138, Ansal Chamber-Ii Bikaji Cama Place India, New Delhi, 110066.

  • The corporate identification number (CIN) of Renew Akshay Urja Limited is U40300DL2015PLC275651 and the company number is 275651 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Renew Akshay Urja Limited is https://www.renewpower.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Renew Akshay Urja Limited has risen by 3.13%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Renew Akshay Urja Limited has experienced an upsurge of 9.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Renew Akshay Urja Limited amount to ₹ 1,022.00 Cr.

  • The most recent Balance Sheet for Renew Akshay Urja Limited was filed with the ROC on 31 Mar 2024.

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