Matgrow Renewables Private Limited - Company Profile

It is a energy and power private limited company based in Ahmedabad, Gujarat, India, established in 2020.
2020 Ahmedabad, Gujarat, India Active
Last Updated:
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About Matgrow Renewables Private Limited

Matgrow Renewables Private Limited, a active private limited company, was established on 18 September 2020 in Ahmedabad, Gujarat, India. Engaging in power epc within the manufacturing sector, it holds CIN: U40108GJ2020PTC116633. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 19 professional, Its leadership includes Hetalben Rohitkumar Patel (Director), Devdipsinh Vanrajsinh Jhala (Director), Ashish Jasvantkumar Goswami (Director). Past directors included Manthankumar Pathak, Tirth Patel, Ashish Jasvantkumar Goswami. It holds ₹6.28 Cr open charges and ₹13.11 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Tf-311, Sangath Central, Behind Pvr Cinemas Visat Gandhinagar Highway, Motera, Ahmedabad, Gujarat, 380005.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U40108GJ2020PTC116633

  • Registration Number

    116633

  • Incorporation Date

    18 September 2020

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.28 Cr
  • Satisfied Charges ₹ 13.11 Cr
  • Revenue Growth **** 201.68%
  • Profit Growth **** 656.96%
  • Ebitda **** 696.34%
  • Net Worth 994.81%
  • Total Assets **** 90.69%
Company report

Matgrow Renewables Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Matgrow Renewables 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 Matgrow Renewables Private Limited?
Current Directors
Name Designation Appointment Date Status
Hetalben Rohitkumar Patel Director 09 Dec 2023 Current
Devdipsinh Vanrajsinh Jhala Director 15 Sep 2022 Current
Ashish Jasvantkumar Goswami Director 24 Mar 2021 Current
Arunaben Goswami Director 18 Sep 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2021 Past
Pramod Abcsdd Director 01 Jul 2021 Past
Pramod Abcsdd Ceo - Past

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Financial Performance of Matgrow Renewables.

Matgrow Renewables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 201.68% increase. The company also saw a substantial improvement in profitability, with a 656.96% increase in profit. The company's net worth Soared by an impressive increase of 994.81%.

Matgrow Renewables revenue growth over time
Matgrow Renewables 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
********
 201.68%
*******
*******
*******
*******
Revenue from Operations
*******
 201.67%
*******
*******
*******
*******
Total Assets
*******
 90.69%
*******
*******
*******
*******
Profit or Loss
*******
 656.96%
*******
*******
*******
*******
Net Worth
*******
 994.81%
*******
*******
*******
*******
EBITDA
*******
 696.34%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Matgrow Renewables?

Unlock access to Matgrow Renewables's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹62,839,239.00

Satisfied Charges

₹131,065,809.00

Charges Breakdown by Lending Institutions
  • Others : 6.07 Cr
  • Hdfc Bank Limited : 0.21 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2025 Others ₹5.75 Cr Open
29 Jun 2024 Hdfc Bank Limited ₹2.12 M Open
30 Nov 2022 Others ₹2.00 M Open
23 Nov 2022 Others ₹1.23 M Open
22 May 2024 Others ₹4.00 Cr Satisfied

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How Many Employees Work at Matgrow Renewables?

Unlock and access historical data on people associated with Matgrow Renewables, 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 Matgrow Renewables, 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 Matgrow Renewables'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

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Latest Updates, News, and FAQs on Matgrow Renewables
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 5.75 Cr registered on 30 Jun 2025 with Charge ID 101123073 was modified on 28 Aug 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 03 Jul 2023 via Charge ID 100740894 with Others was fully satisfied on 19 Aug 2025. was documented.

  • Charges

    Progress on A charge registered on 22 May 2024 via Charge ID 100950663 with Others was fully satisfied on 09 Jul 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 5.75 Cr with Charge ID 101123073 was registered on 30 Jun 2025. was recorded as a recent event.

  • Annual General Meeting

    Matgrow Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 30 Apr 2023 via Charge ID 100713199 with Others was fully satisfied on 16 Sep 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Matgrow Renewables Private Limited?

The CIN of Matgrow Renewables Private Limited is U40108GJ2020PTC116633.

Where is Matgrow Renewables Private Limited headquartered?

Matgrow Renewables Private Limited is headquartered at Tf-311, Sangath Central, Behind Pvr Cinemas Visat Gandhinagar Highway, Motera, Ahmedabad, Gujarat, 380005.

When was Matgrow Renewables Private Limited incorporated?

Matgrow Renewables Private Limited was incorporated on 18 September 2020.

Who are the current directors of Matgrow Renewables Private Limited?

The current directors of Matgrow Renewables Private Limited are

What is the primary industry of Matgrow Renewables Private Limited?

The primary industry of Matgrow Renewables Private Limited is Manufacturing.

Is Matgrow Renewables Private Limited a listed company?

Matgrow Renewables Private Limited is unlisted.

What is the capital structure of Matgrow Renewables Private Limited?

The authorized capital of Matgrow Renewables Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Matgrow Renewables Private Limited?

The compliance status of Matgrow Renewables Private Limited is Compliant.

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