Malwa Renewable Energy Private Limited
About Malwa Renewable Energy Private Limited
Data last updated:
Malwa Renewable Energy Private Limited was a private limited company based in Shimla, Himachal Pradesh, India, operated as a subsidiary of Chandigarh Distillers And Bottlers Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 26 September 2007.
The company was registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40101HP2007PTC030781. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.6 Lakh. It was formerly known as Himani Energy Private Limited. It was led by directors Navneet Mittal and Karan Singh.
Its last annual general meeting (AGM) was held on 29 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at House No. 99 Sector – 3, Shimla, Himachal Pradesh, India – 171009.
As per the financials filed for FY 2024, the company reported a revenue of ₹263.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.34 Cr (net margin -5.8%) and EBITDA of -₹2.5 Cr (EBITDA margin -0.9%).
Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹130 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Company details
Contact details
Malwa Renewable Energy Private Limited's registered office is in Shimla, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 99 Sector – 3, Shimla, Himachal Pradesh, India – 171009
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Malwa Renewable Energy 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
Financials of Malwa Renewable Energy Private Limited
FY 2024 filings availableMalwa Renewable Energy Private Limited reported revenue of ₹263.97 Cr (up 9814274% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.5 Cr | ||||
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| Net Profit (PAT) | -₹15.34 Cr | ||||
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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 | -0.9% | ||||
| Net Profit Margin | -5.8% | ||||
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To see the full financial statements and ratios of Malwa Renewable Energy Private Limited, buy the company report.
Board of directors of Malwa Renewable Energy Private Limited
Malwa Renewable Energy has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Mittal | Director | 19 Jun 2021 | 5 Years 4 Months | As last reported |
| Karan Singh Also directs: Haryana Liquors Private Limited, Ralam Hydro Power Private Limited, Kut Investments Private Limited and 1 more | Director | 10 Jun 2021 | 5 Years 5 Months | As last reported |
Peer comparison
Malwa Renewable Energy Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass, Renewable Energy), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenko Renewable Energy Amidyala Private Limited | ₹286.61 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India | |||
| Ramnad Renewable Energy Limited | ₹281.12 Cr (FY 2023) | 259.0% | Ahmedabad, Gujarat, India | |||
| Malwa Renewable Energy Private Limitedthis company | ₹263.97 Cr (FY 2024) | -₹15.34 Cr | -5.8% | 9814274.0% | Shimla, Himachal Pradesh, India | |
| Patanjali Renewable Energy Private Limited | ₹251.41 Cr (FY 2025) | 347.0% | New Delhi, Delhi, India |
To see the full peer comparison of Malwa Renewable Energy Private Limited, buy the company report.
Auditor
Malwa Renewable Energy Private Limited is audited by A.K. KALIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. KALIA & ASSOCIATES | FY 2023 | 006949N |
Shareholding
The shareholding of Malwa Renewable Energy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malwa Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2022 | 100566957 | Others | ₹130 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Malwa Renewable Energy Private Limited has 4 court cases on record: 4 filed by Malwa Renewable Energy. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against State(Not Applicable) | Disposed |
| High Court | Writ petition | Filed by the company against State(Not Applicable) | Disposed |
To see the full case history of Malwa Renewable Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Malwa Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Malwa Renewable Energy has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Alcograin Distillers Private Limited | U24100CH2019PTC042732 |
To see the full group structure of Malwa Renewable Energy Private Limited, buy the company report.
GST
Malwa Renewable Energy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Malwa Renewable Energy Private Limited, buy the company report.
Recent activity
Malwa Renewable Energy Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Karan Singh ceased to be Additional Director on 29 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
Malwa Renewable Energy has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Malwa Renewable Energy was a private limited company based in Shimla, Himachal Pradesh, India. The company worked in biofuel and biomass energy, within the environment industry. It was incorporated on 26 September 2007 and is registered under CIN U40101HP2007PTC030781. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Malwa Renewable Energy was incorporated on 26 September 2007. It is registered with the Registrar of Companies, Himachal Pradesh.
Malwa Renewable Energy had 2 directors:
- Navneet Mittal - Director
- Karan Singh - Director
The CIN (Corporate Identification Number) of Malwa Renewable Energy is U40101HP2007PTC030781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Malwa Renewable Energy is at House No. 99 Sector – 3, Shimla, Himachal Pradesh, India – 171009.
The latest financial statements of Malwa Renewable Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2024. Year-wise statements from 2015 are in the company report.
No. Malwa Renewable Energy has 1 GST registration on record and it is cancelled or inactive.
Malwa Renewable Energy operated in the environment industry, in the biofuel and biomass energy segment.
The peers of Malwa Renewable Energy by revenue are Greenko Renewable Energy Amidyala Private Limited, Ramnad Renewable Energy Limited, Patanjali Renewable Energy Private Limited, all in the Cleantech industry (Biofuel and Biomass, Renewable Energy), with the same principal business activity (electric power generation, transmission and distribution).
Malwa Renewable Energy has 4 court cases on record: 4 filed by the company. Most are in the high courts.
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