New & Renewable Energy Development Corporation Of Andhra Pradesh Limited - Company Profile

It is a environment private limited state government company based in Tadepalli, Andhra Pradesh, India, established in 1969.

1969 Tadepalli, Andhra Pradesh, India Active

Last Updated: February 17, 2026

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About New & Renewable Energy Development Corporation Of Andhra Pradesh Limited

New & Renewable Energy Development Corporation Of Andhra Pradesh Limited, a active private limited state government company, was established on 21 October 1969 in Tadepalli, Andhra Pradesh, India. Engaging in solar energy solutions within the public services by government agencies sector, it holds CIN: U40108AP1969SGC107155. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.20 M.

Formerly known as Agro Subsidiary Limited, Non-Conventional Energy Development Corporation Of Andhra Pradesh Ltd. It upholds a compliant status. Its leadership includes Kamalakar Babu Merupu (Managing Director), Manazir Jeelani Samoon (Director), Kishore Kumar Kadiyalavalmiki (Nominee Director). Past directors included Nagulapalli Srikant, Hosure Haranatha Rao, Ajay Jain. It holds ₹2.40 Cr open charges and no settled loans. Its latest AGM occurred on 20 May 2025, with the balance sheet filed on 31 March 2024. It is based at Door No. 12-464/5/1, River Oaks Apartments Csr Kalyana Mandapam Road, Tadepalli Mun, Icipality, Tadepalli, Andhra Pradesh, 522501.

Company Details

CIN/LLPIN
U40108AP1969SGC107155
Registration Number
107155
Incorporation Date
21 October 1969
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹2.20 M
ROC Code
Roc Vijayawada
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 17-02-2026
Paid Up Capital ₹ 2.20 M as on 17-02-2026
Company Age 56 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2.40 Cr as on 17-02-2026
Revenue Growth **** 103.47% (FY 2023)
Profit Growth **** 136.60% (FY 2023)
Ebitda **** 129.13% (FY 2023)
Net Worth 42.84% (FY 2023)
Total Assets **** 2.55% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into New & Renewable Energy Development Corporation Of Andhra Pradesh 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 New & Renewable Energy Development Corporation Of Andhra Pradesh Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kamalakar Babu Merupu	Managing Director	12 Feb 2025	Current
Manazir Jeelani Samoon	Director	09 Oct 2025	Current
Kishore Kumar Kadiyalavalmiki	Nominee Director	17 Sep 2025	Current
Vinay Chand Vadarevu	Director	05 Dec 2025	Current
Lotheti Siva Sankar	Director	09 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	21 Jul 2021	Past
Pramod Abcsdd	Nominee Director	22 Jul 2022	Past
Pramod Abcsdd	Nominee Director	31 May 2010	Past
Pramod Abcsdd	Managing Director	26 Mar 2008	Past
Pramod Abcsdd	Director	29 Jan 2007	Past
Pramod Abcsdd	Nominee Director	02 Jul 2013	Past

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Financial Performance of New & Renewable Energy Development Corporation Of Andhra Pradesh.

New & Renewable Energy Development Corporation Of Andhra Pradesh Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.47% increase. The company also saw a substantial improvement in profitability, with a 136.6% increase in profit. The company's net worth Soared by an impressive increase of 42.84%.

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

********

103.47%

*******

Revenue from Operations

*******

111.57%

*******

Total Assets

*******

2.55%

*******

Profit or Loss

*******

136.60%

*******

Net Worth

*******

42.84%

*******

EBITDA

*******

129.13%

*******

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What is the Ownership and Shareholding Structure of New & Renewable Energy Development Corporation Of Andhra Pradesh?

In 2023, New & Renewable Energy Development Corporation Of Andhra Pradesh had a promoter holding of 96.06% and a public holding of 3.94%. The company had 1 Subsidiary. 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

₹24,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Indian Renewable Energy Development Agency Ltd : 2.40 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Apr 2004	Indian Renewable Energy Development Agency Ltd	₹2.40 Cr	Open

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How Many Employees Work at New & Renewable Energy Development Corporation Of Andhra Pradesh?

Unlock and access historical data on people associated with New & Renewable Energy Development Corporation Of Andhra Pradesh, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of New & Renewable Energy Development Corporation Of Andhra Pradesh, 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 New & Renewable Energy Development Corporation Of Andhra Pradesh's trajectory.

Rating

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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 New & Renewable Energy Development Corporation Of Andhra Pradesh

Recent Activity within the Organization

Director Appointment

Vinay Chand Vadarevu was appointed as a Director was appointed as a Director on 05 Dec 2025 & has been associated with this company since 2 months 28 days . was recorded as a recent event.
05 Dec 2025
Director Appointment

Manazir Jeelani Samoon was appointed as a Director was appointed as a Director on 09 Oct 2025 & has been associated with this company since 4 months 24 days . was recorded as a recent event.
09 Oct 2025
Director Appointment

The activity Lotheti Siva Sankar was appointed as a Director was appointed as a Director on 09 Oct 2025 & has been associated with this company since 4 months 24 days . was completed.
09 Oct 2025
Director Appointment

Progress on Kishore Kumar Kadiyalavalmiki was appointed as a Nominee Director was appointed as a Nominee Director on 17 Sep 2025 & has been associated with this company since 5 months 15 days . was documented.
17 Sep 2025
Annual General Meeting

Progress on New & Renewable Energy Development Corporation Of Andhra Pradesh Limited last Annual general meeting of members was held on 20 May 2025 as per latest MCA records. was documented.
20 May 2025
Director Appointment

Progress on Kamalakar Babu Merupu was appointed as a Managing Director was appointed as a Managing Director on 12 Feb 2025 & has been associated with this company since 1 year 18 days . was documented.
12 Feb 2025

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