Sprng Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 300.00 Cr
- Paid Up Capital ₹ 287.40 Cr
- Company Age 8 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3,054.00 Cr
- Revenue Growth 138.38%
- Profit Growth 27.19%
- Ebitda 148.43%
- Net Worth -98.48%
- Total Assets -21.82%
About Sprng Renewable Energy
Sprng Renewable Energy Private Limited (SREPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 December 2016 (Eight years and three months 14 days old ). Its registered office is in Delhi, India.
The Corporate was formerly known as Arinsun Renewable 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 300.00 Cr and a paid-up capital of Rs 287.40 Cr.
The company has closed loans amounting to ₹3,054.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sprng Renewable Energy Private Limited India are Darshan Oswal as COMPANY SECRETARY and Gaurav Sood as Ceo. Dinesh Majithia, Ravi Taneja, and Yogesh Yadav serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL2016PTC309243
- Company No.
309243
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Dec 2016
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Environment
Who are the key members and board of directors at Sprng Renewable Energy?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Darshan Oswal | Company Secretary | 16-Oct-2024 | Current |
Gaurav Sood  | CEO | 09-Jul-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dinesh Majithia | Director | 03-May-2022 | Current |
| Ravi Taneja | Director | 02-Nov-2022 | Current |
| Yogesh Yadav | Director | 23-Jun-2023 | Current |
Financial Performance of Sprng Renewable Energy.
Sprng Renewable Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 138.38% increase. The company also saw a substantial improvement in profitability, with a 27.19% increase in profit. The company's net worth observed a substantial decline by a decrease of 98.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sprng Renewable Energy?
In 2023, Sprng Renewable Energy 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)
Sprng Solar India Private LimitedGaurav Sood is a mutual person
- Sprng Wind Energy Private Limited
Dinesh Majithia, Ravi Taneja and 1 more are mutual person
- Sprng Akshaya Urja Private Limited
Dinesh Majithia, Ravi Taneja and 1 more are mutual person
- Sprng Alt Energy Private Limited
Dinesh Majithia, Ravi Taneja and 2 more are mutual person
- Sprng Vaayu Urja Private Limited
Dinesh Majithia, Ravi Taneja and 1 more are mutual person
- Sprng Pavana Urja Private Limited
Ravi Taneja and Gaurav Sood are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹3,054.00 Cr
Charges Breakdown by Lending Institutions
- Others : 3054.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2022 | Others | ₹2.00 M | Satisfied |
| 21 Jan 2022 | Others | ₹1,670.00 Cr | Satisfied |
| 25 Feb 2019 | Others | ₹1,383.80 Cr | Satisfied |
How Many Employees Work at Sprng Renewable Energy?
Unlock and access historical data on people associated with Sprng Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sprng Renewable 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 Renewable Energy'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 Sprng Renewable Energy
Recent activity within the organization
- Director Appointment
Darshan Champalal Oswal was appointed as a Company Secretary was appointed as a Company Secretary on 16 Oct 2024 & has been associated with this company since 5 months 13 days .
- Charges
A charge registered on 17 Nov 2022 via Charge ID 100644084 with Others was fully satisfied on 26 Feb 2024.
- Annual General Meeting
Sprng Renewable Energy Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 21 Jan 2022 via Charge ID 100534288 with Others was fully satisfied on 04 Aug 2023.
- Director Appointment
Yogesh Yadav was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 9 months .
- Balance Sheet
Sprng Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Recent News, Updates & Announcement
Shell hires Ambit for Sprng valuation before stake sale | Mint.MNC energy giant plans to sell minority stake in operational assets of Sprng Energy.
- Shell weighs sale of Sprng assets stake | Mint.
The firm bought Sprng at $1.55 bn enterprise value in 2022.
- Siemens Gamesa bags 250 MW solar energy order from Sprng Energy.
Siemens Gamesa India entered into the solar business in 2015 offering EPC solutions for MW-scale solar projects and off-grid and hybrid solutions.
- Actis buys 194 Mw operational solar power assets from Shapoorji Pallonji.
S P Infra had last year decided to divest a part of its operating portfolio in order to redeploy capital for the development of new solar projects .
Frequently asked questions
What is the Incorporation or founding date of Sprng Renewable Energy Private Limited?
Sprng Renewable Energy Private Limited was incorporated on 15 Dec 2016.
What is authorized share capital and paid-up capital of Sprng Renewable Energy Private Limited?
The authorized share capital of Sprng Renewable Energy Private Limited is ₹ 300.00 Cr and paid-up capital is ₹ 287.40 Cr.
Who are the current board members & directors of Sprng Renewable Energy Private Limited?
Currently 5 directors are associated with Sprng Renewable Energy Private Limited.
- Dinesh Kalyanji Majithia
- Ravi Kundanlal Taneja
- Yogesh Yadav
- Darshan Champalal Oswal
- Gaurav Sood
What is the registered address of Sprng Renewable Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sprng Renewable Energy Private Limited is Unit No Ff-48 A First Floor Omaxe Square Plot No.14 Jasola District Centre, India, New Delhi, 110025.
What is the corporate identification number (CIN) and company number of Sprng Renewable Energy Private Limited?
The corporate identification number (CIN) of Sprng Renewable Energy Private Limited is U74999DL2016PTC309243 and the company number is 309243 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sprng Renewable Energy Private Limited?
The Official website of Sprng Renewable Energy Private Limited is https://www.sprngenergy.com
What has been the recent revenue trend for Sprng Renewable Energy Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sprng Renewable Energy Private Limited has risen by 138.38%.
What change has been observed in the net worth of Sprng Renewable Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sprng Renewable Energy Private Limited has experienced an downturn of -98.48%.
When was the last Balance Sheet of Sprng Renewable Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Sprng Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.
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