Resco Global Wind Services Profile
Key Indicators
- Authorised Capital ₹ 136.00 Cr
- Paid Up Capital ₹ 134.26 Cr
- Company Age 5 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 269.20 Cr
- Satisfied Charges ₹ 350.00 Cr
- Revenue Growth 103.30%
- Profit Growth -0.33%
- Ebitda 64.74%
- Net Worth 223.01%
- Total Assets 18.94%
About Resco Global Wind Services
Resco Global Wind Services Private Limited (RGWSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 January 2020 (Five years and one month 16 days old ). Its registered office is in Vadodara, Gujarat, 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 136.00 Cr and a paid-up capital of Rs 134.26 Cr.
The company currently has active open charges totaling ₹269.20 Cr. The company has closed loans amounting to ₹350.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Resco Global Wind Services Private Limited India are Rahul Roongta as CFO and Heera Lal as Company Secretary. Venkatesh Sonti, Mukesh Manglik, and Nitesh Kumar serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106GJ2020PTC112187
- Company No.
112187
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 2020
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy and Power
Who are the key members and board of directors at Resco Global Wind Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Heera Lal  | Company Secretary | 07-Mar-2024 | Current |
| Rahul Roongta | CFO | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatesh Sonti | Additional Director | Current | |
| Mukesh Manglik | Director | 21-Jan-2020 | Current |
| Nitesh Kumar | Whole-Time Director | 25-Apr-2023 | Current |
Financial Performance of Resco Global Wind Services.
Resco Global Wind Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.3% increase. The company also saw a slight decrease in profitability, with a 0.33% decrease in profit. The company's net worth Soared by an impressive increase of 223.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Resco Global Wind Services?
In 2023, Resco Global Wind Services had a promoter holding of 100.00%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Vuelta Wind Energy Private Limited
Venkatesh Sonti is a mutual person
- Haroda Wind Energy Private Limited
Venkatesh Sonti is a mutual person
- Khatiyu Wind Energy Private Limited
Venkatesh Sonti is a mutual person
- Vigodi Wind Energy Private Limited
Venkatesh Sonti is a mutual person
- Ravapar Wind Energy Private Limited
Venkatesh Sonti is a mutual person
- Aliento Wind Energy Private Limited
Venkatesh Sonti is a mutual person
Charges (Loans)
Open Charges
₹269.20 Cr
Satisfied Charges
₹350.00 Cr
Charges Breakdown by Lending Institutions
- Others : 145.20 Cr
- Yes Bank Limited : 124.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2023 | Others | ₹50.00 Cr | Open |
| 28 Jun 2022 | Others | ₹95.20 Cr | Open |
| 15 Feb 2022 | Yes Bank Limited | ₹124.00 Cr | Open |
| 27 May 2022 | Others | ₹325.00 Cr | Satisfied |
| 28 Jan 2022 | Others | ₹25.00 Cr | Satisfied |
How Many Employees Work at Resco Global Wind Services?
Resco Global Wind Services has a workforce of 87 employees as of Mar 30, 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 Resco Global Wind Services, 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 Resco Global Wind Services'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.
Latest Updates, News, and FAQs on Resco Global Wind Services
Recent activity within the organization
- Director Appointment
Heera Lal was appointed as a Company Secretary was appointed as a Company Secretary on 07 Mar 2024 & has been associated with this company since 1 year 1 day .
- Charges
A charge registered on 27 May 2022 via Charge ID 100580528 with Others was fully satisfied on 15 Dec 2023.
- Annual General Meeting
Resco Global Wind Services Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 28 Jan 2022 via Charge ID 100543673 with Others was fully satisfied on 08 Aug 2023.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100769907 was registered on 02 Aug 2023.
- Director Appointment
Nitesh Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Apr 2023 & has been associated with this company since 1 year 10 months .
Recent News, Updates & Announcement
- Inox Wind's Financial Report Shows Net Loss of Rs 14.16 Crore in June Quarter, Revenues Drop to Rs 264.53 Crore.
Me after seeing Inox Wind's financial report: Net loss of Rs 14.16 crore in June quarter? Ouch. Last year they made Rs 10.37 crore. What happened? Revenues went down. Total income dropped from Rs 433.74 crore to Rs 264.53 crore. They make wind turbines and provide services for wind farms. Tough times for them..
- Government's Price Matching Tactic Causes Controversy in Wind Energy Auction.
When you win the wind energy auction but then the government asks you to match the lowest bidder's price. Some developers agree, but others say no. This tactic is becoming common to keep prices low. Gujarat gave 9 developers projects at Rs 2.80-2.95 per unit, but asked them to match Rs 2.80. Only 2 agreed, others declined. This is making the bidding process less reliable and causing problems for private companies..
- "Inox Wind Completes Power Evacuation Facilities at Dayapar Site in Gujarat, Boosting Capacity to Support Over 600 MW of Wind Power Projects".
Inox Wind, a wind turbine maker in Noida, has completed the power evacuation facilities at its Dayapar site in Gujarat. This includes a 220 KV sub-station and transmission line, capable of supporting over 600 MW of power. This will help commission projects won through Solar Energy Corporation of India auctions. Inox Wind has over 1,400 MW of projects in Gujarat and 2.6 GW all over India. #WindPowerGoals #GujaratIsLit #InoxWindFTW.
Frequently asked questions
What is the Incorporation or founding date of Resco Global Wind Services Private Limited?
Resco Global Wind Services Private Limited was incorporated on 21 Jan 2020.
What is authorized share capital and paid-up capital of Resco Global Wind Services Private Limited?
The authorized share capital of Resco Global Wind Services Private Limited is ₹ 136.00 Cr and paid-up capital is ₹ 134.26 Cr.
Who are the current board members & directors of Resco Global Wind Services Private Limited?
Currently 5 directors are associated with Resco Global Wind Services Private Limited.
- Venkatesh Sonti
- Mukesh Rajnarayan Manglik
- Nitesh Kumar
- Rahul Roongta
- Heera Lal
What is the registered address of Resco Global Wind Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Resco Global Wind Services Private Limited is 301 Abs Tower Old Padra Road, India, Vadodara, Gujarat, 390007.
What is the corporate identification number (CIN) and company number of Resco Global Wind Services Private Limited?
The corporate identification number (CIN) of Resco Global Wind Services Private Limited is U40106GJ2020PTC112187 and the company number is 112187 as per Ministry of Corporate Affairs (MCA).
What is the official website of Resco Global Wind Services Private Limited?
The Official website of Resco Global Wind Services Private Limited is https://www.inoxwind.com
What has been the recent revenue trend for Resco Global Wind Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Resco Global Wind Services Private Limited has risen by 103.30%.
How many employees does Resco Global Wind Services Private Limited currently have?
As Per 2023 financial reports, 87 employees are currently employed by Resco Global Wind Services Private Limited.
What change has been observed in the net worth of Resco Global Wind Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Resco Global Wind Services Private Limited has experienced an upsurge of 223.01%.
What are the total open charges for Resco Global Wind Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Resco Global Wind Services Private Limited amount to ₹ 269.20 Cr.
When was the last Balance Sheet of Resco Global Wind Services Private Limited filed with the ROC?
The most recent Balance Sheet for Resco Global Wind Services Private Limited was filed with the ROC on 31 Mar 2023.
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