MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0218999
Grew Renewables Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.5 Cr
▼ 49% YoY
Net profit · FY 2025
₹3.04 Cr
Net margin 7.9%
EBITDA · FY 2025
₹4.11 Cr
EBITDA margin 10.7%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
28
Provident fund records
Directors on board
2
As per MCA filings
About Grew Renewables Private Limited
Data last updated:
Grew Renewables Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 31 March 2022.
Its director Jyotiprasad Chiripal and family are #974 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40100GJ2022PTC130620. Its GSTIN is 24AAJCG6781A1ZP (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Jyotiprasad Devkinandan Chiripal and Vinay Thadani.
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 Shanti Corporate House Near Hira Rupa Hall Bopal – Ambli Road Bopal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.5 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹3.04 Cr (net margin 7.9%) and EBITDA of ₹4.11 Cr (EBITDA margin 10.7%).
The company has about 28 employees on its provident fund (EPFO) records.
Grew Renewables Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0218999). For more details, the company can be reached via its website grew.one.
Company details
CIN U40100GJ2022PTC130620
Registration Number 130620
Incorporation Date 31 March 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0218999
Recognitions & Rankings of Grew Renewables
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #974 Jyotiprasad Chiripal & family ₹2,900 Cr
Contact details
Grew Renewables Private Limited's registered office is in Ahmedabad, Gujarat. Its website is grew.one. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShanti Corporate House Near Hira Rupa Hall Bopal – Ambli Road Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Grew Renewables Private Limited, buy the company report.
Comprehensive company report
Grew Renewables Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Grew Renewables is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Grew Renewables Private Limited, buy the company report.
Financials of Grew Renewables Private Limited
FY 2025 filings availableGrew Renewables Private Limited reported revenue of ₹38.5 Cr (down 49% YoY) for FY 2025.
Revenue · FY 2025
₹38.5 Cr ▼ 49%
Net profit · FY 2025
₹3.04 Cr margin 7.9%
EBITDA · FY 2025
₹4.11 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 49%
EBITDA CAGR growth
1 year
▲ 30%
Revenue fell 49% in the latest year. EBITDA rose 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹4.11 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.04 Cr | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.7% | |||
| Net Profit Margin | 7.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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To see the full financial statements and ratios of Grew Renewables Private Limited, buy the company report.
Board of directors of Grew Renewables Private Limited
Grew Renewables has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotiprasad Devkinandan Chiripal Also directs: Nandan Chiripal Energy Coporation LLP, Devkinandan Corporation LLP, Solidus Reality LLP and 5 more | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
| Vinay Thadani Also directs: Grew Technologies Private Limited, Grew Solar Private Limited, Grew Solartech Private Limited and 5 more | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Grew Renewables Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Grew Renewables Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Grew Renewables Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grew Renewables 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 Grew Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grew Renewables Private Limited has a workforce of 28 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-9.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 28 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Grew Renewables Private Limited, buy the company report.
GST
Grew Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCG6781A1ZP | Gujarat | Active | 24 Jun 2022 |
To see the full GST registrations and return filing status of Grew Renewables Private Limited, buy the company report.
Recent activity
Grew Renewables Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Jyotiprasad Devkinandan Chiripal was appointed as Director on 31 Mar 2022.
AGM
Grew Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grew Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jyotiprasad Devkinandan Chiripal was appointed as Director.
Appointed
Vinay Thadani was appointed as Director.
Incorporation
31 Mar 2022
Grew Renewables Private Limited was registered on 31 Mar 2022 with Roc Ahmedabad & aged 4 years 7 months as per MCA records.
News
Frequently asked questions
Grew Renewables is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 31 March 2022 (4+ years old) and is registered under CIN U40100GJ2022PTC130620.
Grew Renewables has 2 current directors:
- Jyotiprasad Devkinandan Chiripal - Director
- Vinay Thadani - Director
The latest financial statements of Grew Renewables 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 2022 are in the company report.
The GSTIN of Grew Renewables is 24AAJCG6781A1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Grew Renewables is U40100GJ2022PTC130620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grew Renewables was incorporated on 31 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jyotiprasad Devkinandan Chiripal was appointed as Director on 31 Mar 2022. Vinay Thadani was appointed as Director on 31 Mar 2022.
Yes, Grew Renewables is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0218999).
Grew Renewables can be reached through the website grew.one. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Grew Renewables is at Shanti Corporate House Near Hira Rupa Hall Bopal – Ambli Road Bopal, Ahmedabad, Gujarat, India – 380058.
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