Grace Renewable Energy Limited - Company Profile

It is a energy public limited company based in Ahmadabad City, Gujarat, India, established in 2013.
2013 Ahmadabad City, Gujarat, India Active
Last Updated:
Access Report
About Grace Renewable Energy Limited

Grace Renewable Energy Limited, a active public limited company, was established on 05 September 2013 in Ahmadabad City, Gujarat, India. Engaging in electric power generation within the electricity, gas, steam and air condition supply sector, it holds CIN: U74110GJ2013PLC076707. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹21.00 Cr and a paid-up capital of ₹15.60 Cr.

Formerly known as Winwin Building Materials Private Limited, Grace Renewable Energy Limited. It upholds a compliant status. Employing 5 professional, Its leadership includes Karuna Bagadia (Whole-Time Director), Nagaraj Giridhar (Director), Jigar Patel (Whole-Time Director). Past directors included Karuna Bagadia, Madhusudan Ghanshyamji Garg, Gaurang Shah Balvantlal. It holds ₹4.69 Cr open charges and ₹4.75 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 404-406, Sarthik Square, Near Pakwan Cross Road, S.G Highway, Ahmadabad City, Gujarat, 380054.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74110GJ2013PLC076707

  • Registration Number

    076707

  • Incorporation Date

    05 September 2013

  • Authorized Capital

    ₹21.00 Cr

  • Paid-Up Capital

    ₹15.60 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 15.60 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.69 Cr
  • Satisfied Charges ₹ 4.75 M
  • Revenue Growth **** 54.96%
  • Profit Growth **** 63.03%
  • Ebitda **** 39.58%
  • Net Worth 102.85%
  • Total Assets **** 35.14%
Company report

Grace Renewable Energy Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Grace Renewable Energy Limited?
Current Directors
Name Designation Appointment Date Status
Karuna Bagadia Whole-Time Director 22 Feb 2017 Current
Nagaraj Giridhar Director 24 May 2025 Current
Jigar Patel Whole-Time Director 17 May 2024 Current
Manish Bagadia Managing Director 05 Sep 2013 Current
Vivek Gupta Director 24 May 2025 Current
Prashant Pratapbhai Agrawal Director 22 Nov 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Nov 2024 Past
Pramod Abcsdd Additional Director 07 Nov 2024 Past
Pramod Abcsdd Additional Director 07 Nov 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2025 Past
Pramod Abcsdd Director 31 Jul 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Grace Renewable Energy.

Grace Renewable Energy Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 54.96% increase. The company also saw a substantial improvement in profitability, with a 63.03% increase in profit. The company's net worth Soared by an impressive increase of 102.85%.

Grace Renewable Energy revenue growth over time
Grace Renewable Energy profit and loss trends over time
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
  • 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
********
 54.96%
*******
*******
*******
*******
Revenue from Operations
*******
 54.66%
*******
*******
*******
*******
Total Assets
*******
 35.14%
*******
*******
*******
*******
Profit or Loss
*******
 63.03%
*******
*******
*******
*******
Net Worth
*******
 102.85%
*******
*******
*******
*******
EBITDA
*******
 39.58%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Grace Renewable Energy?

In 2024, Grace Renewable Energy had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹46,900,000.00

Satisfied Charges

₹4,750,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 4.14 Cr
  • Others : 0.55 Cr
Latest Charge Details
Date Lender Amount Status
12 Aug 2022 Others ₹5.50 M Open
19 May 2021 Axis Bank Limited ₹4.14 Cr Open
28 Aug 2020 Axis Bank Limited ₹4.75 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Grace Renewable Energy?

Grace Renewable Energy has a workforce of 5 employees as of Jan 30, 2026. 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grace 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 Grace Renewable 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Grace Renewable Energy
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Grace Renewable Energy Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Nagaraj Giridhar was appointed as a Director was appointed as a Director on 24 May 2025 & has been associated with this company since 9 months 2 days . was completed.

  • Director Appointment

    The activity Vivek Gupta was appointed as a Director was appointed as a Director on 24 May 2025 & has been associated with this company since 9 months 2 days . was completed.

  • Balance Sheet

    The activity Grace Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Vivekkumar Barlota was appointed as a Company Secretary was appointed as a Company Secretary on 19 Feb 2025 & has been associated with this company since 1 year 4 days . was completed.

  • Charges

    The activity A charge with Others of Rs. 0.55 Cr registered on 12 Aug 2022 with Charge ID 100633950 was modified on 07 Feb 2025. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Grace Renewable Energy Limited?

The CIN of Grace Renewable Energy Limited is U74110GJ2013PLC076707.

Where is Grace Renewable Energy Limited headquartered?

Grace Renewable Energy Limited is headquartered at 404-406, Sarthik Square, Near Pakwan Cross Road, S.G Highway, Ahmadabad City, Gujarat, 380054.

When was Grace Renewable Energy Limited incorporated?

Grace Renewable Energy Limited was incorporated on 05 September 2013.

Who are the current directors of Grace Renewable Energy Limited?

The current directors of Grace Renewable Energy Limited are

What is the primary industry of Grace Renewable Energy Limited?

The primary industry of Grace Renewable Energy Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Grace Renewable Energy Limited a listed company?

Grace Renewable Energy Limited is unlisted.

What is the capital structure of Grace Renewable Energy Limited?

The authorized capital of Grace Renewable Energy Limited is ₹21.00 Cr, and the paid-up capital is ₹15.60 Cr.

What is the compliance status of Grace Renewable Energy Limited?

The compliance status of Grace Renewable Energy Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available