Punjab Renewable Energy Systems Private Limited - Company Profile

It is a environment private limited company based in Thane, Maharashtra, India, established in 2011.

2011 Thane, Maharashtra, India Active

Last Updated: February 07, 2026

About Punjab Renewable Energy Systems Private Limited

Punjab Renewable Energy Systems Private Limited, a active private limited company, was established on 24 March 2011 in Thane, Maharashtra, India. Engaging in biofuel & biomass energy within the agriculture, forestry, fishing sector, it holds CIN: U40300MH2011PTC215235. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹24.00 Cr and a paid-up capital of ₹10.33 Cr.

It upholds a compliant status. Employing 136 professional, Its leadership includes Shashi Shekhar (Director), Monish Ahuja (Managing Director), Jai Harsukh Shah (Nominee Director). Past directors included Shailesh Kumar Shivkumar Modi, Debanjali Sengupta, Ashwani Kumar Dalal. It holds ₹47.60 Cr open charges and ₹116.94 Cr settled loans. Its latest AGM occurred on 29 October 2025, with the balance sheet filed on 31 March 2025. It is based at Mayuresh Square, Office No. 1008 & 1009,, Sector 15 Cbd Belpaur, Thane, Maharashtra, 400614.

Company Details

CIN/LLPIN
U40300MH2011PTC215235
Registration Number
215235
Incorporation Date
24 March 2011
Authorized Capital
₹24.00 Cr
Paid-Up Capital
₹10.33 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 24.00 Cr as on 07-02-2026
Paid Up Capital ₹ 10.33 Cr as on 07-02-2026
Company Age 14 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 47.60 Cr as on 07-02-2026
Satisfied Charges ₹ 116.94 Cr as on 07-02-2026
Revenue Growth **** -42.18% (FY 2024)
Profit Growth **** -0.02% (FY 2024)
Ebitda **** 25.29% (FY 2024)
Net Worth -31.05% (FY 2024)
Total Assets **** 4.31% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Punjab Renewable Energy Systems 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 Punjab Renewable Energy Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shashi Shekhar	Director	16 Oct 2019	Current
Monish Ahuja	Managing Director	24 Mar 2011	Current
Jai Harsukh Shah	Nominee Director	22 Mar 2024	Current
Bartholomeus Suijkerbuijk	Nominee Director	06 May 2024	Current
Sumeet Malhan	Ceo	23 Jun 2025	Current
Sudhakara Ravipati Rao	Director	02 May 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Mar 2019	Past
Pramod Abcsdd	Nominee Director	16 Dec 2021	Past
Pramod Abcsdd	Company Secretary	02 Aug 2014	Past
Pramod Abcsdd	Director	03 Feb 2018	Past
Pramod Abcsdd	Director	04 Aug 2021	Past
Pramod Abcsdd	Director	23 May 2019	Past

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Financial Performance of Punjab Renewable Energy Systems.

Punjab Renewable Energy Systems Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 42.18% decrease. The company also saw a slight decrease in profitability, with a 0.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.05%.

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

********

-42.18%

*******

Revenue from Operations

*******

-42.60%

*******

Total Assets

*******

4.31%

*******

Profit or Loss

*******

-0.02%

*******

Net Worth

*******

-31.05%

*******

EBITDA

*******

25.29%

*******

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What is the Ownership and Shareholding Structure of Punjab Renewable Energy Systems?

In 2023, Punjab Renewable Energy Systems had a promoter holding of 31.66% and a public holding of 68.34%. The company had 4 Subsidiaries. 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

₹476,000,000.00

Satisfied Charges

₹1,169,438,096.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 37.50 Cr
Hdfc Bank Limited : 10.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Sep 2022	The Hongkong And Shanghai Banking Corporation Limited	₹37.50 Cr	Open
01 Jul 2021	Hdfc Bank Limited	₹10.10 Cr	Open
30 Jun 2023	Others	₹34.35 Cr	Satisfied
17 Feb 2023	Others	₹4.00 Cr	Satisfied
17 Feb 2023	Others	₹3.00 Cr	Satisfied

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How Many Employees Work at Punjab Renewable Energy Systems?

Punjab Renewable Energy Systems has a workforce of 136 employees as of Dec 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Punjab Renewable Energy Systems, 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 Punjab Renewable Energy Systems's trajectory.

Rating

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

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 Punjab Renewable Energy Systems

Recent Activity within the Organization

Annual General Meeting

The activity Punjab Renewable Energy Systems Private Limited last Annual general meeting of members was held on 29 Oct 2025 as per latest MCA records. was completed.
29 Oct 2025
Charges

A charge with Hdfc Bank Limited of Rs. 10.10 Cr registered on 01 Jul 2021 with Charge ID 100461024 was modified on 25 Jul 2025. was recorded as a recent event.
25 Jul 2025
Director Appointment

Progress on Sumeet Malhan was appointed as a Ceo was appointed as a Ceo on 19 Jul 2025 & has been associated with this company since 7 months 3 days . was documented.
19 Jul 2025
Director Appointment

Progress on Sumeet Malhan was appointed as a CEO was appointed as a CEO on 23 Jun 2025 & has been associated with this company since 7 months 29 days . was documented.
23 Jun 2025
Balance Sheet

The activity Punjab Renewable Energy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Charges

The activity A charge registered on 30 Jun 2023 via Charge ID 100736443 with Others was fully satisfied on 26 Sep 2024. was completed.
26 Sep 2024

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