Adani Renewable Energy Holding Fifteen Limited - Company Profile

It is a infrastructure and utilities public limited company based in Ahmedabad, Gujarat, India, established in 2019.

2019 Ahmedabad, Gujarat, India Active

Last Updated: January 12, 2026

About Adani Renewable Energy Holding Fifteen Limited

Adani Renewable Energy Holding Fifteen Limited, a active public limited company, was established on 10 October 2019 in Ahmedabad, Gujarat, India. Engaging in power infrastructure & energy projects within the infrastructure and utilities sector, it holds CIN: U40106GJ2019PLC110232. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Adani Green Energy Twenty Two Limited. Its leadership includes Mayank Bharat Gala (Director), Pankaj Kumar Verma (Director), Mrugen Maheshkant Mankad (Director). Past directors included Unni Krishnan Gopal, Shashi Kant Ranjan, Mayank Bharat Gala. Its latest AGM occurred on 20 June 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S G Highway, Kh, Odiyar, Ahmedabad, Gujarat, 382421.

Company Details

CIN/LLPIN
U40106GJ2019PLC110232
Registration Number
110232
Incorporation Date
10 October 2019
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 12-01-2026
Paid Up Capital ₹ 0.10 M as on 12-01-2026
Company Age 6 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** % (FY 2022)
Profit Growth **** -21900.00% (FY 2022)
Ebitda **** -11500.00% (FY 2022)
Total Assets **** 109.33% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Adani Renewable Energy Holding Fifteen Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Adani Renewable Energy Holding Fifteen Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mayank Bharat Gala	Director	31 Oct 2022	Current
Pankaj Kumar Verma	Director	07 Dec 2022	Current
Mrugen Maheshkant Mankad	Director	09 May 2023	Current
Divan Girishbhai Raimagia	Additional Director	03 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	10 Mar 2022	Past
Pramod Abcsdd	Additional Director	10 Jul 2021	Past
Pramod Abcsdd	Additional Director	12 Jul 2023	Past
Pramod Abcsdd	Additional Director	12 Jul 2023	Past
Pramod Abcsdd	Director	31 Oct 2022	Past
Pramod Abcsdd	Additional Director	12 Jul 2023	Past

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Financial Performance of Adani Renewable Energy Holding Fifteen.

Adani Renewable Energy Holding Fifteen Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 21900% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

109.33%

*******

Profit or Loss

*******

-21900.00%

*******

Net Worth

*******

EBITDA

*******

-11500.00%

*******

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What is the Ownership and Shareholding Structure of Adani Renewable Energy Holding Fifteen?

In 2022, Adani Renewable Energy Holding Fifteen 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Adani Renewable Energy Holding Fifteen?

Unlock and access historical data on people associated with Adani Renewable Energy Holding Fifteen, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Adani Renewable Energy Holding Fifteen, 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 Adani Renewable Energy Holding Fifteen's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Adani Renewable Energy Holding Fifteen

Recent Activity within the Organization

Director Appointment

Progress on Divan Girishbhai Raimagia was appointed as a Additional Director was appointed as a Additional Director on 03 Sep 2025 & has been associated with this company since 5 months 28 days . was documented.
03 Sep 2025
Annual General Meeting

Adani Renewable Energy Holding Fifteen Limited last Annual general meeting of members was held on 20 Jun 2025 as per latest MCA records. was recorded as a recent event.
20 Jun 2025
Balance Sheet

Adani Renewable Energy Holding Fifteen Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Mrugen Maheshkant Mankad was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 2 years 9 months . was completed.
09 May 2023
Director Appointment

Progress on Pankaj Kumar Verma was appointed as a Director was appointed as a Director on 07 Dec 2022 & has been associated with this company since 3 years 2 months . was documented.
07 Dec 2022
Director Appointment

Mayank Bharat Gala was appointed as a Director was appointed as a Director on 31 Oct 2022 & has been associated with this company since 3 years 4 months . was recorded as a recent event.
31 Oct 2022

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