Sprng Energy Private Limited

Renewable energy platform setting up solar and wind projects in India.

2016 | Tambaram, Tamil Nadu (India) | Active
Last Updated: June 28, 2024

Sprng Energy Profile

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 1,823.29 Cr
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5,756.97 Cr
  • Satisfied Charges ₹ 5,040.79 Cr
  • Revenue Growth 79.76%
  • Profit Growth -0.50%
  • Ebitda 73.32%
  • Net Worth 46.18%
  • Total Assets 37.59%

About Sprng Energy

Sprng Energy Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 December 2016 (Eight years and one month 18 days old ). Its registered office is in Tambaram, Tamil Nadu, India.

The Corporate was formerly known as Arinsun Energy 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 2023. It's a company limited by shares with an authorized capital of Rs 10,000.00 Cr and a paid-up capital of Rs 1,823.29 Cr.

The company currently has active open charges totaling ₹5,756.97 Cr. The company has closed loans amounting to ₹5,040.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sprng Energy Private Limited India are Gaurav Sood as CEO and Mihir Panchmatia as Company Secretary. Yogesh Yadav, Santhanam Giridhar, Nakul Raheja, and One other member serve as directors at the Company.

Company Details

  • Location

    Tambaram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2016PTC162587

  • Company No.

    309305

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

What products or services does Sprng Energy Private Limited offer?

Sprng Energy Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Industrial project consultants, Environment Protection & Auditing, Environmental Consultants.

Who are the key members and board of directors at Sprng Energy?

Executive Team (2)

Name Designation Appointment Date Status
Mihir Panchmatia Country flag representing In Company Secretary 11-Oct-2018 Current
Gaurav Sood Country flag representing In CEO 30-May-2018 Current

Board Members (4)

Name Designation Appointment Date Status
Yogesh Yadav Country flag representing In Director 26-May-2023 Current
Santhanam Giridhar Country flag representing In Director 08-Aug-2022 Current
Nakul Raheja Country flag representing In Director 08-Aug-2022 Current
Gaurav Sood Country flag representing In Whole-Time Director and Ceo 19-Apr-2017 Current

Financial Performance of Sprng Energy.

Sprng Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.76% increase. The company also saw a slight decrease in profitability, with a 0.5% decrease in profit. The company's net worth Soared by an impressive increase of 46.18%.

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
79.76%
Revenue from Operations
-9.17%
Total Assets
37.59%
Profit or Loss
-0.50%
Net Worth
46.18%
EBITDA
73.32%

What is the Ownership and Shareholding Structure of Sprng Energy?

In 2023, Sprng Energy had a promoter holding of 100.00%. The company had 27 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,756.97 Cr

Satisfied Charges

₹5,040.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 2750.00 Cr
  • Sbicap Trustee Company Limited : 2086.97 Cr
  • State Bank Of India : 920.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2022 Others ₹53.00 Cr Open
31 Jan 2022 Others ₹183.00 Cr Open
31 Jan 2022 Others ₹759.00 Cr Open
22 Dec 2021 Sbicap Trustee Company Limited ₹25.00 Cr Open
22 Dec 2021 Sbicap Trustee Company Limited ₹928.00 Cr Open

How Many Employees Work at Sprng Energy?

Sprng Energy has a workforce of 134 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sprng Energy, 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 Sprng Energy'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 Sprng Energy

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 53.00 Cr registered on 31 Jan 2022 with Charge ID 100531757 was modified on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge with Others of Rs. 183.00 Cr registered on 31 Jan 2022 with Charge ID 100531760 was modified on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge with Others of Rs. 759.00 Cr registered on 31 Jan 2022 with Charge ID 100531774 was modified on 19 Oct 2023.

    19 Oct 2023

  • Annual General Meeting

    Sprng Energy Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 406.00 Cr registered on 29 Mar 2019 with Charge ID 100253306 was modified on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge registered on 01 Apr 2022 via Charge ID 100553334 with Others was fully satisfied on 04 Aug 2023.

    04 Aug 2023

Frequently asked questions

  • Sprng Energy Private Limited was incorporated on 16 Dec 2016.

  • The authorized share capital of Sprng Energy Private Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 1,823.29 Cr.

  • Currently 6 directors are associated with Sprng Energy Private Limited.

    • Yogesh Yadav
    • Santhanam Sai Giridhar
    • Nakul Ashok Raheja
    • Gaurav Sood
    • Gaurav Sood
    • Mihir Vrajlal Panchmatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sprng Energy Private Limited is Shell Centre Commerzone Block Ii No.2, 200 Feet Radial Road Pallikaranai Chennai Pallikaranai, Tambaram, Tamil Nadu, India, 600100.

  • The corporate identification number (CIN) of Sprng Energy Private Limited is U74999TN2016PTC162587 and the company number is 309305 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sprng Energy Private Limited is https://www.sprngenergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sprng Energy Private Limited has risen by 79.76%.

  • As Per 2023 financial reports, 134 employees are currently employed by Sprng Energy Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sprng Energy Private Limited has experienced an upsurge of 46.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sprng Energy Private Limited amount to ₹ 5,756.97 Cr.

  • The most recent Balance Sheet for Sprng Energy Private Limited was filed with the ROC on 31 Mar 2023.

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