Renit Power Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 9 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.88 Cr
- Satisfied Charges ₹ 3.13 Cr
- Revenue Growth -24.49%
- Profit Growth -36.70%
- Ebitda -2.32%
- Net Worth 10.81%
- Total Assets 13.99%
About Renit Power
Renit Power Private Limited (RPPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 December 2015 (Nine years and one month 14 days old ). Its registered office is in Solan, Himachal Pradesh, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹6.88 Cr. The company has closed loans amounting to ₹3.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rekha Bhardwaj and Nityanand Bhardwaj serve as directors at the Company.
Company Details
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Location
Solan, Himachal Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31909HP2015PTC001105
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Company No.
001105
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Dec 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Himachal Pradesh
Industry
What products or services does Renit Power Private Limited offer?
Renit Power Private Limited offers a wide range of products and services, including Cables & Wiring Components, Electrical Insulators, Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers, Polymeric Surge Arresters, Power Insulator.
Who are the key members and board of directors at Renit Power?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rekha Bhardwaj
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Director | 30-Dec-2015 | Current |
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Nityanand Bhardwaj
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Director | 30-Dec-2015 | Current |
Financial Performance of Renit Power.
Renit Power Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.49% decrease. The company also saw a substantial fall in profitability, with a 36.7% decrease in profit. The company's net worth Soared by an impressive increase of 10.81%.
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What is the Ownership and Shareholding Structure of Renit Power?
In 2023, Renit Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Renit Industries Private LimitedRekha Bhardwaj and Nityanand Bhardwaj are mutual person
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Searoyale Maritime Private Limited
Nityanand Bhardwaj is a mutual person
Charges (Loans)
₹6.88 Cr
₹3.13 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.01 Cr
- Axis Bank Limited : 2.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Axis Bank Limited | ₹2.18 M | Open |
| 07 May 2024 | Axis Bank Limited | ₹2.65 Cr | Open |
| 15 Oct 2018 | State Bank Of India | ₹4.01 Cr | Open |
| 23 Jun 2017 | Others | ₹1.25 Cr | Satisfied |
| 23 Jun 2017 | Others | ₹1.88 Cr | Satisfied |
How Many Employees Work at Renit Power?
Renit Power has a workforce of 12 employees as of Apr 06, 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 Renit Power, 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 Renit Power'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.
