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Karnataka Renewable Energy Development Limited - Company Profile

It is a energy and power private limited state government company based in Bengaluru, Karnataka, India, established in 1996.

1996 | Bengaluru, Karnataka, India | Active
Last Updated:

About Karnataka Renewable Energy Development Limited

Karnataka Renewable Energy Development Limited, a active private limited state government company, was established on 08 March 1996 in Bengaluru, Karnataka, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U75112KA1996SGC020020. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 60 professional, Its leadership includes Mohammed Ikramulla Shariff (Nominee Director), Pankaj Kumar Pandey (Nominee Director), Srikar Sridhar Mysore (Nominee Director). Past directors included Pankaj Kumar Pandey, Dambalappagavi Nagaraj, Mohammed Ayaz Khan. Its latest AGM occurred on 24 December 2024, with the balance sheet filed on 31 March 2024. It is based at No.6/13/1, 10Th Block, 2Nd Stage, Behind St. Sophia Convent, Nagarbhavi, Bengaluru, Karnataka, 560072.

Company Details

  • CIN/LLPIN

    U75112KA1996SGC020020

  • Registration Number

    020020

  • Incorporation Date

    08 March 1996

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 37.18%
  • Profit Growth 36.48%
  • Ebitda 63.76%
  • Net Worth 19.03%
  • Total Assets 11.09%
Company report

Karnataka Renewable Energy Development Limited

Company Report FY 2025-2026

Explore comprehensive insights into Karnataka Renewable Energy Development 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 Karnataka Renewable Energy Development Limited?

Current Directors

NameDesignationAppointment DateStatus
Mohammed Ikramulla ShariffNominee Director26 Jul 2024Current
Pankaj Kumar PandeyNominee Director06 Jun 2023Current
Srikar Sridhar MysoreNominee Director04 Jul 2022Current
Rajender Kumar KatariaNominee Director12 Jun 2023Current
Rajegowda Devegowda TalihallaNominee Director30 Jan 2024Current
Kolgunsi Panchaksharaiah RudrappaiahManaging Director26 Jul 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director29 Jun 2016Past
Pramod AbcsddManaging Director19 Sep 2018Past
Pramod AbcsddNominee Director-Past
Pramod AbcsddNominee Director04 Jun 2013Past
Pramod AbcsddNominee Director05 Sep 2012Past
Pramod AbcsddNominee Director07 Apr 2016Past

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Financial Performance of Karnataka Renewable Energy Development.

Karnataka Renewable Energy Development Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.18% increase. The company also saw a substantial improvement in profitability, with a 36.48% increase in profit. The company's net worth Soared by an impressive increase of 19.03%.

Karnataka Renewable Energy Development revenue growth over time
Karnataka Renewable Energy Development profit and loss trends over time
  • 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
37.18%
Revenue from Operations
49.44%
Total Assets
11.09%
Profit or Loss
36.48%
Net Worth
19.03%
EBITDA
63.76%

What is the Ownership and Shareholding Structure of Karnataka Renewable Energy Development?

In 2023, Karnataka Renewable Energy Development had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Karnataka Renewable Energy Development?

Karnataka Renewable Energy Development has a workforce of 60 employees as of Apr 01, 2024. 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 growth trends for Karnataka Renewable Energy Development Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Renewable Energy Development, 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 Karnataka Renewable Energy Development's trajectory.

Rating

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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.

Latest Updates, News, and FAQs on Karnataka Renewable Energy Development

Recent Activity within the Organization

  • Director Appointment

    The activity Manojkumar was appointed as a Nominee Director was appointed as a Nominee Director on 21 Jul 2025 & has been associated with this company since 5 months 22 days . was completed.

  • Director Appointment

    Shivashankara Ninge Gowda was appointed as a Nominee Director was appointed as a Nominee Director on 04 Feb 2025 & has been associated with this company since 11 months 6 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Karnataka Renewable Energy Development Limited last Annual general meeting of members was held on 24 Dec 2024 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Sagadageri Beeranna Prashantkumar was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2024 & has been associated with this company since 1 year 4 months . was documented.

  • Director Appointment

    Progress on Mohammed Ikramulla Shariff was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Director Appointment

    The activity Deepa Murthy Cholan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2024 & has been associated with this company since 1 year 5 months . was completed.

Frequently Asked Questions

  • What is the CIN of Karnataka Renewable Energy Development Limited?

    The CIN of Karnataka Renewable Energy Development Limited is U75112KA1996SGC020020.

  • Where is Karnataka Renewable Energy Development Limited headquartered?

    Karnataka Renewable Energy Development Limited is headquartered at No.6/13/1, 10Th Block, 2Nd Stage, Behind St. Sophia Convent, Nagarbhavi, Bengaluru, Karnataka, 560072.

  • When was Karnataka Renewable Energy Development Limited incorporated?

    Karnataka Renewable Energy Development Limited was incorporated on 08 March 1996.

  • Who are the current directors of Karnataka Renewable Energy Development Limited?

    The current directors of Karnataka Renewable Energy Development Limited are

  • What is the primary industry of Karnataka Renewable Energy Development Limited?

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

  • Is Karnataka Renewable Energy Development Limited a listed company?

    Karnataka Renewable Energy Development Limited is unlisted.

  • What is the capital structure of Karnataka Renewable Energy Development Limited?

    The authorized capital of Karnataka Renewable Energy Development Limited is ₹1.00 Cr, and the paid-up capital is ₹5.00 M.

  • What is the compliance status of Karnataka Renewable Energy Development Limited?

    The compliance status of Karnataka Renewable Energy Development Limited is Compliant.

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