M.A.G Renewable Energy Private Limited - Company Profile

It is a environment private limited company based in Tirupur, Tamil Nadu, India, established in 2017.
2017 Tirupur, Tamil Nadu, India Active
Last Updated:
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About M.A.G Renewable Energy Private Limited

M.A.G Renewable Energy Private Limited, a active private limited company, was established on 27 February 2017 in Tirupur, Tamil Nadu, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40106TZ2017PTC028568. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.19 M.

It upholds a compliant status. Its leadership includes Vellingiri Karthik (Director), Vellingiri (Director). It holds ₹152.03 Cr open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.18(1)/15A,Suriyan Nagar, Abt Road Extension, Karuvampalayam,, Tirupur, Tamil Nadu, 641604.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U40106TZ2017PTC028568

  • Registration Number

    028568

  • Incorporation Date

    27 February 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.19 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 152.03 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth **** 4.26%
  • Profit Growth **** -94.64%
  • Ebitda **** -4.92%
  • Net Worth 3.50%
  • Total Assets -8.22%
Company report

M.A.G Renewable Energy Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into M.A.G Renewable Energy Private 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 M.A.G Renewable Energy Private Limited?
Current Directors
Name Designation Appointment Date Status
Vellingiri Karthik Director 27 Feb 2017 Current
Vellingiri Director 27 Feb 2017 Current

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Financial Performance of M.A.G Renewable Energy.

M.A.G Renewable Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.26% increase. The company also saw a substantial fall in profitability, with a 94.64% decrease in profit. The company's net worth moved up by a moderate rise of 3.5%.

M.A.G Renewable Energy revenue growth over time
M.A.G 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
********
 4.26%
*******
*******
*******
*******
Revenue from Operations
*******
 4.09%
*******
*******
*******
*******
Total Assets
*******
 -8.22%
*******
*******
*******
*******
Profit or Loss
*******
 -94.64%
*******
*******
*******
*******
Net Worth
*******
 3.50%
*******
*******
*******
*******
EBITDA
*******
 -4.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of M.A.G Renewable Energy?

In 2023, M.A.G Renewable Energy had a public holding of 52.74%. 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

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Charges (Loans)
Open Charges

₹1,520,264,000.00

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 152.03 Cr
Latest Charge Details
Date Lender Amount Status
31 Oct 2025 City Union Bank Limited ₹24.00 Cr Open
15 Sep 2025 City Union Bank Limited ₹0.63 M Open
30 Sep 2024 City Union Bank Limited ₹2.88 M Open
30 Apr 2024 City Union Bank Limited ₹18.00 Cr Open
14 Feb 2024 City Union Bank Limited ₹53.93 Cr Open

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How Many Employees Work at M.A.G Renewable Energy?

Unlock and access historical data on people associated with M.A.G Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 M.A.G 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 M.A.G 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.

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Latest Updates, News, and FAQs on M.A.G Renewable Energy
Recent Activity within the Organization
  • Charges

    A charge with City Union Bank Limited amounted to Rs. 240.00 M with Charge ID 101189541 was registered on 31 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge with City Union Bank Limited of Rs. 2.88 M registered on 30 Sep 2024 with Charge ID 100983756 was modified on 18 Oct 2025. was completed.

  • Annual General Meeting

    The activity M.A.G Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.63 M with Charge ID 101155700 was registered on 15 Sep 2025. was recorded as a recent event.

  • Balance Sheet

    The activity M.A.G Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was completed.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.88 M with Charge ID 100983756 was registered on 30 Sep 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of M.A.G Renewable Energy Private Limited?

The CIN of M.A.G Renewable Energy Private Limited is U40106TZ2017PTC028568.

Where is M.A.G Renewable Energy Private Limited headquartered?

M.A.G Renewable Energy Private Limited is headquartered at No.18(1)/15A,Suriyan Nagar, Abt Road Extension, Karuvampalayam,, Tirupur, Tamil Nadu, 641604.

When was M.A.G Renewable Energy Private Limited incorporated?

M.A.G Renewable Energy Private Limited was incorporated on 27 February 2017.

Who are the current directors of M.A.G Renewable Energy Private Limited?

The current directors of M.A.G Renewable Energy Private Limited are

What is the primary industry of M.A.G Renewable Energy Private Limited?

The primary industry of M.A.G Renewable Energy Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is M.A.G Renewable Energy Private Limited a listed company?

M.A.G Renewable Energy Private Limited is unlisted.

What is the capital structure of M.A.G Renewable Energy Private Limited?

The authorized capital of M.A.G Renewable Energy Private Limited is ₹1.00 M, and the paid-up capital is ₹0.19 M.

What is the compliance status of M.A.G Renewable Energy Private Limited?

The compliance status of M.A.G Renewable Energy Private Limited is Compliant.

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