About Sprng Renewable Energy Private Limited
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Sprng Renewable Energy Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Sprng Energy Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 15 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC309243. Its GSTIN is 33AAPCA0626E1Z2 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹287.4 Cr. It was formerly known as Arinsun Renewable Energy Private Limited. It is led by directors including Dinesh Kalyanji Majithia and Ravi Kundanlal Taneja.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No Ff – 48 A First Floor Omaxe Square Plot No.14 Jasola District Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.92 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹32.16 Cr (net margin -19%) and EBITDA of ₹129.48 Cr (EBITDA margin 76.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 926% over five years.
The company is associated with 1 brand: Sprng Energy. As per MCA filings, the company has open charges of ₹5.3 Cr and satisfied charges of ₹3,054 Cr on record. Court records list 19 cases involving the company, including 2 filed by the company and 17 filed against it; 1 case is pending. The company has 7 deals on record (3 convertible or debt financings, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹631.6 Cr; the latest was in October 2024. Its 4 peer companies in the Cleantech industry (Renewable Energy, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is Alfanar Energy Private Limited with revenue of ₹173.13 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sprngenergy.com.
Company details
Contact details
Sprng Renewable Energy Private Limited's registered office is in New Delhi, Delhi. Its website is sprngenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No Ff – 48 A First Floor Omaxe Square Plot No.14 Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Sprng 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
Brands
Sprng Renewable Energy operates one associated brand: Sprng Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power is produced in the solar and wind energy sectors. | sprngenergy.com |
Business activity
The main business activity of Sprng Renewable Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sprng Renewable Energy Private Limited, buy the company report.
Financials of Sprng Renewable Energy Private Limited
FY 2024 filings availableSprng Renewable Energy Private Limited reported revenue of ₹168.92 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 926% over five years, including 5% growth in the latest year. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹129.48 Cr | ||||
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| Net Profit (PAT) | -₹32.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 76.7% | ||||
| Net Profit Margin | -19% | ||||
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To see the full financial statements and ratios of Sprng Renewable Energy Private Limited, buy the company report.
Board of directors of Sprng Renewable Energy Private Limited
Sprng Renewable Energy has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kalyanji Majithia Also directs: Sprng Vayu Kiran Private Limited, Sprng Wind Energy Private Limited, Sprng Akshaya Urja Private Limited and 5 more | Director | 03 May 2022 | 4 Years 6 Months | Current |
| Ravi Kundanlal Taneja Also directs: Sprng Vayu Kiran Private Limited, Sprng Wind Energy Private Limited, Sprng Akshaya Urja Private Limited and 5 more | Director | 02 Nov 2022 | 4 Years 0 Months | Current |
| Puneet Upadhyay Also directs: Sprng Powerinfra Private Limited, Sprng Power Earth Private Limited, Sprng Renewable Resources Private Limited and 5 more | Additional Director | 31 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Sprng Renewable Energy Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Renewable Energy, Wind Power), 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 |
|---|---|---|---|---|---|---|
| Alfanar Energy Private Limited | ₹173.13 Cr (FY 2025) | -10.0% | Gurugram, Haryana, India | |||
| Green Infra Corporate Solar Private Limited | ₹171.53 Cr (FY 2025) | -20.0% | Gurgaon, Haryana, India | |||
| Renew Wind Energy (TN 2) Private Limited | ₹169.3 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Sprng Renewable Energy Private Limitedthis company | ₹168.92 Cr (FY 2025) | -₹32.16 Cr | -19% | 5.0% | New Delhi, Delhi, India | |
| Betam Wind Energy Private Limited | ₹168.57 Cr (FY 2025) | 5.0% | Gurugram, Haryana, India |
To see the full peer comparison of Sprng Renewable Energy Private Limited, buy the company report.
Auditor
Sprng Renewable Energy Private Limited is audited by S R B C & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Sprng 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) | |||||
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| Others |
To see the full shareholding pattern of Sprng Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101163910 | The Hongkong and Shanghai Banking Corporation Limited | ₹5.3 Cr | Open | |
| 17 Nov 2022 | 100644084 | Others | ₹20 Lakh | Satisfied | |
| 21 Jan 2022 | 100534288 | Others | ₹1,670 Cr | Satisfied | |
| 25 Feb 2019 | 100243105 | Others | ₹1,383.8 Cr | Satisfied |
To see the full charge records of Sprng Renewable Energy Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sprng Renewable Energy Private Limited has 7 deals on record (3 convertible or debt financings, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹631.6 Cr; the latest was in October 2024.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹39 Cr | Investors: Sprng Energy Private Limited |
| Feb 2019 | Rights issue | ₹248.4 Cr | Investors: Sprng Energy Private Limited |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Sprng Energy Private Limited Seller: Solenergi Power Private Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Solenergi Power Private Limited Seller: an individual |
To see the full deal history of Sprng Renewable Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sprng Renewable Energy Private Limited has 19 court cases on record: 2 filed by Sprng Renewable Energy, 17 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 15 | 1 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil miscellaneous application | Filed by the company against M/S.Sprng Energy Pvt. Ltd and 6 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by M/S. K.S.Wind and Renewables India Private Limited, | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Ishvaryam Windmills Private Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S. K.S.Wind and Renewables India Private Limited, | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Ishvaryam Windmills Pvt Ltd | Disposed |
To see the full case history of Sprng 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.
Credit ratings & regulatory alerts
Sprng Renewable Energy Private Limited was last rated by Care on 10 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 May 2022 |
To see the full credit ratings and regulatory alerts of Sprng Renewable Energy Private Limited, buy the company report.
MSME payment delays
Sprng Renewable Energy Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Sprng Renewable Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sprng Renewable Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCA0626E1Z2 | Tamil Nadu | Active | 11 May 2018 |
To see the full GST registrations and return filing status of Sprng Renewable Energy Private Limited, buy the company report.
Recent activity
Sprng Renewable Energy Private Limited has 16 board changes on record since 2017: 5 appointments and 11 cessations. The latest: Puneet Upadhyay was appointed as Additional Director on 31 Oct 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Sprng Renewable Energy is an active private limited company based in New Delhi, Delhi, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 15 December 2016 (10+ years old) and is registered under CIN U74999DL2016PTC309243.
Sprng Renewable Energy has 3 current directors:
- Dinesh Kalyanji Majithia - Director
- Ravi Kundanlal Taneja - Director
- Puneet Upadhyay - Additional Director
The latest financial statements of Sprng Renewable Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sprng Renewable Energy is 33AAPCA0626E1Z2, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sprng Renewable Energy is U74999DL2016PTC309243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sprng Renewable Energy has 19 court cases on record: 2 filed by the company and 17 filed against it. 1 is pending. Most are in the high courts.
Sprng Renewable Energy was incorporated on 15 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Sprng Renewable Energy has 7 deals on record (3 convertible or debt financings, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹631.6 Cr; the latest was in October 2024.
The peers of Sprng Renewable Energy by revenue are Alfanar Energy Private Limited, Green Infra Corporate Solar Private Limited, Renew Wind Energy (TN 2) Private Limited, Betam Wind Energy Private Limited, all in the Cleantech industry (Renewable Energy, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Puneet Upadhyay was appointed as Additional Director on 31 Oct 2025. Ravi Kundanlal Taneja ceased to be Additional Director on 28 Sep 2023. Yogesh Yadav ceased to be Additional Director on 28 Sep 2023. Sprng Renewable Energy has 16 board changes on record in total.
Sprng Renewable Energy has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
Sprng Renewable Energy can be reached through the website sprngenergy.com. Its registered office is in New Delhi, Delhi, India.
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