
About Greennetic Renewable Private Limited
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Greennetic Renewable Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 05 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2019PTC109396. Its GSTIN is 24AAHCG9338B1ZQ (Gujarat).
The company has an authorised share capital of ₹60,000 and a paid-up capital of ₹60,000. It is led by directors Parth Patel and Mayankkumar Kantibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 516 Ganesh Glory Nr. Bsnl Office Sg Highway Jagatpur, Ahmedabad, Gujarat, India – 382470.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.21 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹45,392 (net margin 0.8%) and EBITDA of ₹5.54 Lakh (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company is associated with 1 brand: Greennetic Renewable.
Greennetic Renewable Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0052606). For more details, the company can be reached via its website greenneticrenewable.com.
Company details
Recognitions & Rankings of Greennetic Renewable
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0052606
Contact details
Greennetic Renewable Private Limited's registered office is in Ahmedabad, Gujarat. Its website is greenneticrenewable.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address516 Ganesh Glory Nr. Bsnl Office Sg Highway Jagatpur, Ahmedabad, Gujarat, India – 382470
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Greennetic Renewable Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Greennetic Renewable operates one associated brand: Greennetic Renewable. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Greennetic Renewable provides solar energy solutions, including panels, water heaters, and customized plans. | greenneticrenewable.com |
Business activity
The main business activity of Greennetic Renewable is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Greennetic Renewable Private Limited, buy the company report.
Financials of Greennetic Renewable Private Limited
FY 2025 filings availableGreennetic Renewable Private Limited reported revenue of ₹55.21 Lakh (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 39% fall in the latest year. EBITDA rose 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.54 Lakh | ||||
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| Net Profit (PAT) | ₹45,392 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 10% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Greennetic Renewable Private Limited, buy the company report.
Board of directors of Greennetic Renewable Private Limited
Greennetic Renewable has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Patel | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Mayankkumar Kantibhai Patel | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Greennetic Renewable Private Limited is audited by SURANA MALOO & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURANA MALOO & CO | FY 2020 | 112171W |
Shareholding
The shareholding of Greennetic Renewable Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Greennetic Renewable Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Greennetic Renewable Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greennetic Renewable Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Greennetic Renewable has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG9338B1ZQ | Gujarat | Active | 09 Aug 2019 |
To see the full GST registrations and return filing status of Greennetic Renewable Private Limited, buy the company report.
Recent activity
Greennetic Renewable Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Jigar Patel ceased to be Director on 17 Oct 2022.
Frequently asked questions
Greennetic Renewable is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 05 August 2019 (7+ years old) and is registered under CIN U40106GJ2019PTC109396.
Greennetic Renewable has 2 current directors:
- Parth Patel - Director
- Mayankkumar Kantibhai Patel - Director
The latest financial statements of Greennetic Renewable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Greennetic Renewable is 24AAHCG9338B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Greennetic Renewable is U40106GJ2019PTC109396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greennetic Renewable was incorporated on 05 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jigar Patel ceased to be Director on 17 Oct 2022. Mayankkumar Kantibhai Patel was appointed as Director on 05 Aug 2019. Parth Patel was appointed as Director on 05 Aug 2019.
Yes, Greennetic Renewable is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Greennetic Renewable is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0052606).
Greennetic Renewable can be reached through the website greenneticrenewable.com. Its registered office is in Ahmedabad, Gujarat, India.

