Karvy Renewable Energy Projects Limited - Company Profile

It is a energy and power public limited company based in Hyderabad, Telangana, India, established in 2016.

2016 Hyderabad, Telangana, India Active

Last Updated: February 07, 2026

About Karvy Renewable Energy Projects Limited

Karvy Renewable Energy Projects Limited, a active public limited company, was established on 04 July 2016 in Hyderabad, Telangana, India. Engaging in power epc within the electricity, gas, steam and air condition supply sector, it holds CIN: U74999TG2016PLC110676. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.30 Cr.

Formerly known as Tejorupa Solar Power Limited. It upholds a compliant status. Employing 4 professional, Its leadership includes Phanindra Kumar Alapati (Director), Mallikarjuna Venkateswara Uppaluri Babu (Director), Mahesh Vijayagopal (Director). Past directors included Phanindra Kumar Alapati, Mallikarjuna Venkateswara Uppaluri Babu, Rajendra Nimje. It holds ₹12.15 Cr open charges and no settled loans. Its latest AGM occurred on 30 August 2024, with the balance sheet filed on 31 March 2024. It is based at Karvy Millennium-Annexe, Plot No.31/P,Nanakramguda Financial District, Gachibowli,, Hyderabad, Telangana, 500032.

Company Details

CIN/LLPIN
U74999TG2016PLC110676
Registration Number
110676
Incorporation Date
04 July 2016
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹6.30 Cr
ROC Code
Roc Hyderabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 07-02-2026
Paid Up Capital ₹ 6.30 Cr as on 07-02-2026
Company Age 9 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 12.15 Cr as on 07-02-2026
Revenue Growth **** 15.45% (FY 2023)
Profit Growth **** 61.96% (FY 2023)
Ebitda **** 55.91% (FY 2023)
Net Worth -16.71% (FY 2023)
Total Assets -4.13% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Karvy Renewable Energy Projects 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 Karvy Renewable Energy Projects Limited?

Current Directors

Name	Designation	Appointment Date	Status
Phanindra Kumar Alapati	Director	01 Jun 2020	Current
Mallikarjuna Venkateswara Uppaluri Babu	Director	19 Jun 2023	Current
Mahesh Vijayagopal	Director	17 Nov 2022	Current
Srinivas Penmetsa Varma	Director	02 Nov 2020	Current
Moola Ramesh	Director	01 Nov 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Dec 2020	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	05 Dec 2016	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Additional Director	30 Dec 2020	Past
Pramod Abcsdd	Director	03 Nov 2020	Past

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Financial Performance of Karvy Renewable Energy Projects.

Karvy Renewable Energy Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.45% increase. The company also saw a substantial improvement in profitability, with a 61.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.71%.

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

********

15.45%

*******

Revenue from Operations

*******

27.28%

*******

Total Assets

*******

-4.13%

*******

Profit or Loss

*******

61.96%

*******

Net Worth

*******

-16.71%

*******

EBITDA

*******

55.91%

*******

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What is the Ownership and Shareholding Structure of Karvy Renewable Energy Projects?

In 2023, Karvy Renewable Energy Projects 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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Charges (Loans)

Open Charges

₹121,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

State Bank Of India : 12.15 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Feb 2019	State Bank Of India	₹12.15 Cr	Open

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How Many Employees Work at Karvy Renewable Energy Projects?

Karvy Renewable Energy Projects has a workforce of 4 employees as of Apr 05, 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 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 Karvy Renewable Energy Projects, 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 Karvy Renewable Energy Projects's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Karvy Renewable Energy Projects

Recent Activity within the Organization

Annual General Meeting

Karvy Renewable Energy Projects Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records. was recorded as a recent event.
30 Aug 2024
Balance Sheet

Progress on Karvy Renewable Energy Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.
31 Mar 2024
Director Appointment

Progress on Mallikarjuna Venkateswara Uppaluri Babu was appointed as a Director was appointed as a Director on 19 Jun 2023 & has been associated with this company since 2 years 9 months . was documented.
19 Jun 2023
Director Appointment

Progress on Mahesh Vijayagopal was appointed as a Director was appointed as a Director on 17 Nov 2022 & has been associated with this company since 3 years 4 months . was documented.
17 Nov 2022
Director Appointment

Srinivas Penmetsa Varma was appointed as a Director was appointed as a Director on 02 Nov 2020 & has been associated with this company since 5 years 4 months . was recorded as a recent event.
02 Nov 2020
Director Appointment

The activity Phanindra Kumar Alapati was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 5 years 10 months . was completed.
01 Jun 2020

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