Renewsys India Private Limited

Integrated manufacturer of solar PV modules and key components with global presence and modern manufacturing plants.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: November 29, 2024

Renewsys India Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 176.48 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,076.28 Cr
  • Satisfied Charges ₹ 335.41 Cr
  • Revenue Growth 50.10%
  • Profit Growth -3.86%
  • Ebitda 24.52%
  • Net Worth 6.81%
  • Total Assets 31.48%

About Renewsys India

Renewsys India Private Limited (RIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 August 2011 and has a history of 13 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Positive Renewsys Private Limited. The Company is engaged in the Energy And Power 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 200.00 Cr and a paid-up capital of Rs 176.48 Cr.

The company currently has active open charges totaling ₹1,076.28 Cr. The company has closed loans amounting to ₹335.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Renewsys India Private Limited India are Chandrakant Modak as CFO and Ajit Pethe as Company Secretary. Sanjay Kirpalani, Anagha Anasingaraju, Arun Lakhani, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    renewsysworld.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36990MH2011PTC220771

  • Company No.

    220771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 2011

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Renewsys India Private Limited offer?

Renewsys India Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Voltmeter, Insulators & Insulation Materials, Insulation Material, Oils, Grease & Lubricants, Industrial Lubricants, Solar & Renewable Energy Products, Solar Cell, Adhesives, Glue and Sealants, Conductive Adhesive.

Who are the key members and board of directors at Renewsys India?

Executive Team (3)

NameDesignationAppointment DateStatus
Avinash Hiranandani Country flag representing In Managing Director18-Mar-2015Current
Chandrakant Modak Country flag representing In CFO31-Oct-2023Current
Ajit Pethe Company Secretary02-Jul-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Rekha Bagry Country flag representing In Director 30-Aug-2021Current
Anagha Anasingaraju Country flag representing In Director 30-Jul-2022Current
Sanjay Kirpalani Country flag representing Gb Director 27-Aug-2014Current
Arun Lakhani Country flag representing Io Director 27-Aug-2014Current
Nandkumar Pai Country flag representing In Director 11-Oct-2023Current
Chandrakant Modak Country flag representing In Director and Cfo 11-Oct-2023Current

Financial Performance of Renewsys India.

Renewsys India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.1% increase. The company also saw a slight decrease in profitability, with a 3.86% decrease in profit. The company's net worth moved up by a moderate rise of 6.81%.

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
50.10%
Revenue from Operations
50.29%
Total Assets
31.48%
Profit or Loss
-3.86%
Net Worth
6.81%
EBITDA
24.52%

What is the Ownership and Shareholding Structure of Renewsys India?

In 2024, Renewsys India 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

₹1,076.28 Cr

Satisfied Charges

₹335.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 1072.78 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2024Others₹26.00 CrOpen
07 Mar 2024Others₹40.00 CrOpen
11 Jan 2024The Hongkong And Shanghai Banking Corporation Limited₹3.50 CrOpen
19 Jun 2023Others₹73.06 CrOpen
17 May 2023Others₹0.06 MOpen

How Many Employees Work at Renewsys India?

Renewsys India has a workforce of 767 employees as of Nov 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Renewsys India, 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 Renewsys India'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 Renewsys India

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 873.06 Cr registered on 01 Jun 2022 with Charge ID 100578408 was modified on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 26.00 Cr with Charge ID 100974371 was registered on 23 Aug 2024.

    23 Aug 2024

  • Annual General Meeting

    Renewsys India Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Renewsys India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100906235 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 22 Dec 2021 via Charge ID 100531467 with Sbicap Trustee Company Limited was fully satisfied on 06 Feb 2024.

    06 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Renewsys India Private Limited was incorporated on 09 Aug 2011.

  • The authorized share capital of Renewsys India Private Limited is ₹ 200.00 Cr and paid-up capital is ₹ 176.48 Cr.

  • Currently 9 directors are associated with Renewsys India Private Limited.

    • Sanjay Naraindas Kirpalani
    • Anagha Srinivas Rao Anasingaraju
    • Arun Ashok Lakhani
    • Nandkumar Ramakrishna Pai
    • Avinash Gope Hiranandani
    • Rekha Shreeratan Bagry
    • Chandrakant Arun Modak
    • Chandrakant Arun Modak
    • Ajit Ravindra Pethe
  • As per Ministry of Corporate Affairs (Mca), the registered address of Renewsys India Private Limited is Unit No. 607 6Th Floor Trade Center Bandra - Kurla Complex (East), India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Renewsys India Private Limited is U36990MH2011PTC220771 and the company number is 220771 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Renewsys India Private Limited is https://www.renewsysworld.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Renewsys India Private Limited has risen by 50.10%.

  • As Per 2023 financial reports, 767 employees are currently employed by Renewsys India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Renewsys India Private Limited has experienced an upsurge of 6.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Renewsys India Private Limited amount to ₹ 1,076.28 Cr.

  • The most recent Balance Sheet for Renewsys India Private Limited was filed with the ROC on 31 Mar 2024.

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