- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0009851

About Pickrenew Energy Private Limited
Data last updated:
Pickrenew Energy Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 30 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40106MP2019PTC049474. Its GSTIN is 23AAKCP7483P1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Sumit Kumar Somani and Ratan Devi Somani.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.4 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.47 Cr (net margin 10.9%) and EBITDA of ₹11.71 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 92% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pickrenew Energy. As per MCA filings, the company has open charges of ₹40.26 Cr and satisfied charges of ₹1.47 Cr on record.
Pickrenew Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0009851). For more details, the company can be reached via its website pickrenew.com.
Company details
Recognitions & Rankings of Pickrenew Energy
Contact details
Pickrenew Energy Private Limited's registered office is in Indore, Madhya Pradesh. Its website is pickrenew.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPickrenew House Plot No., 613 Scheme No. 114 Part – 2 Anurag Nagar Near New Bombay Hospital/Bpcl Petrol Pump Ring Road, Indore, Madhya Pradesh, India – 452010
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Pickrenew 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
Pickrenew Energy operates one associated brand: Pickrenew Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar and hybrid energy systems for homes, industries, and solar parks in Madhya Pradesh. | pickrenew.com |
Business activity
The main business activity of Pickrenew 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 Pickrenew Energy Private Limited, buy the company report.
Financials of Pickrenew Energy Private Limited
FY 2025 filings availablePickrenew Energy Private Limited reported revenue of ₹77.4 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 92% over five years, including 10% growth in the latest year. EBITDA rose 15% 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 | ₹11.71 Cr | ||||
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| Net Profit (PAT) | ₹8.47 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 | 15.1% | ||||
| Net Profit Margin | 10.9% | ||||
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To see the full financial statements and ratios of Pickrenew Energy Private Limited, buy the company report.
Board of directors of Pickrenew Energy Private Limited
Pickrenew Energy has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Kumar Somani | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
| Ratan Devi Somani | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
| Amit Somani Also directs: Zermatt Enterprises Private Limited | Director | 06 Jan 2020 | 6 Years 10 Months | Current |
Peer comparison
Pickrenew Energy Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Jagdamba Power and Alloys Limited | ₹78.69 Cr (FY 2022) | 16.0% | Raipur, Chhattisgarh, India | |||
| Encotec Energy (India) Private Limited | ₹78.52 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Fermi Solarfarms Private Limited | ₹77.49 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Prathamesh Solarfarms Limited | ₹77.44 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Pickrenew Energy Private Limitedthis company | ₹77.4 Cr (FY 2025) | ₹8.47 Cr | 10.9% | 10.0% | 69 | Indore, Madhya Pradesh, India |
| Powergrid Ajmer Phagi Transmission Limited | ₹77.28 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Purulia & Kharagpur Transmission Company Limited | ₹76.83 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Avon Energies and Investments Private Limited | ₹76.81 Cr (FY 2025) | -27.0% | Ludhiana, Punjab, India | |||
| Greenium Industries Private Limited | ₹76.79 Cr (FY 2024) | 33.0% | Nagpur, Maharashtra, India | |||
| Zuka Power Private Limited | ₹76.76 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Pickrenew Energy Private Limited, buy the company report.
Auditor
Pickrenew Energy Private Limited is audited by B.N. Modi & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.N. Modi & Company | FY 2023 | 024704C |
Shareholding
The shareholding of Pickrenew Energy Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pickrenew Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2020 | 100354811 | Hdfc Bank Limited | ₹40.26 Cr | Open | |
| 26 Dec 2022 | 100675378 | Axis Bank Limited | ₹1.47 Cr | Satisfied |
To see the full charge records of Pickrenew Energy Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Pickrenew Energy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pickrenew Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pickrenew Energy Private Limited has a workforce of 69 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 69 |
| FY 2025-26 | |
| FY 2024-25 |
To see the full employee and EPFO history of Pickrenew Energy Private Limited, buy the company report.
GST
Pickrenew Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCP7483P1ZL | Madhya Pradesh | Active | 16 Oct 2019 |
To see the full GST registrations and return filing status of Pickrenew Energy Private Limited, buy the company report.
Recent activity
Pickrenew Energy Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Amit Somani ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Pickrenew Energy is an active private limited company based in Indore, Madhya Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 30 August 2019 (7+ years old) and is registered under CIN U40106MP2019PTC049474.
Pickrenew Energy has 3 current directors:
- Sumit Kumar Somani - Director
- Ratan Devi Somani - Director
- Amit Somani - Director
The latest financial statements of Pickrenew Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Pickrenew Energy is 23AAKCP7483P1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Pickrenew Energy is U40106MP2019PTC049474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pickrenew Energy was incorporated on 30 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Pickrenew Energy by revenue are Jagdamba Power and Alloys Limited, Encotec Energy (India) Private Limited, Fermi Solarfarms Private Limited, Prathamesh Solarfarms Limited, Powergrid Ajmer Phagi Transmission Limited and 4 more, all in the same principal business activity (electric power generation, transmission and distribution).
Amit Somani ceased to be Additional Director on 31 Dec 2020. Amit Somani was appointed as Director on 06 Jan 2020. Ratan Devi Somani was appointed as Director on 30 Aug 2019. Pickrenew Energy has 4 board changes on record in total.
Yes, Pickrenew Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0009851).
Pickrenew Energy can be reached through the website pickrenew.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Pickrenew Energy is at Pickrenew House Plot No., 613 Scheme No. 114 Part – 2 Anurag Nagar Near New Bombay HospitalBpcl Petrol Pump Ring Road, Indore, Madhya Pradesh, India – 452010.

