Waaree Smart Meters Private Limited - Company Profile

It is a energy and power private limited company based in Nashik, Maharashtra, India, established in 2018.
2018 Nashik, Maharashtra, India Active
Last Updated:
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About Waaree Smart Meters Private Limited

Waaree Smart Meters Private Limited, a active private limited company, was established on 21 May 2018 in Nashik, Maharashtra, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U31100MH2018PTC309664. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹70.00 Cr and a paid-up capital of ₹70.00 Cr.

Formerly known as Racemosa Energy (India) Private Limited. Employing 24 professional, Its leadership includes Vijay Laljibhai Chheda (Additional Director), Dhruv Haresh Chheda (Additional Director), Purav Haresh Chheda (Additional Director). Past directors included Urmila Vasant Deore, Vaishali Prakash Jondhale, Seema Premchand Khairnar. It holds ₹16.76 Cr open charges and no settled loans. Its latest AGM occurred on 29 November 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. A-108, Akrale, Midc, Dindori,, Nashik, Maharashtra, 422202.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31100MH2018PTC309664

  • Registration Number

    309664

  • Incorporation Date

    21 May 2018

  • Authorized Capital

    ₹70.00 Cr

  • Paid-Up Capital

    ₹70.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 70.00 Cr
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 16.76 Cr
  • Revenue Growth **** 18.71%
  • Profit Growth **** 25.01%
  • Ebitda **** 39.98%
  • Net Worth 721.20%
  • Total Assets **** 155.17%
Company report

Waaree Smart Meters Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Waaree Smart Meters 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 Waaree Smart Meters Private Limited?
Current Directors
Name Designation Appointment Date Status
Vijay Laljibhai Chheda Additional Director 02 Aug 2023 Current
Dhruv Haresh Chheda Additional Director 05 Feb 2024 Current
Purav Haresh Chheda Additional Director 02 Aug 2023 Current
Abhishek Pareek Additional Director 06 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 23 Jul 2019 Past
Pramod Abcsdd Director 12 Aug 2019 Past
Pramod Abcsdd Director 25 Feb 2022 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 22 Mar 2024 Past

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Financial Performance of Waaree Smart Meters.

Racemosa Energy (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.71% increase. The company also saw a substantial improvement in profitability, with a 25.01% increase in profit. The company's net worth Soared by an impressive increase of 721.2%.

Waaree Smart Meters revenue growth over time
Waaree Smart Meters 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
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 18.71%
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*******
*******
Revenue from Operations
*******
 18.72%
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*******
*******
Total Assets
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 155.17%
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*******
*******
*******
Profit or Loss
*******
 25.01%
*******
*******
*******
*******
Net Worth
*******
 721.20%
*******
*******
*******
*******
EBITDA
*******
 39.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Waaree Smart Meters?

In 2022, Waaree Smart Meters had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹167,600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 16.76 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2022 Others ₹16.76 Cr Open

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How Many Employees Work at Waaree Smart Meters?

Waaree Smart Meters has a workforce of 24 employees as of Apr 06, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Waaree Smart Meters, 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 Waaree Smart Meters'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

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 Waaree Smart Meters
Recent Activity within the Organization
  • Annual General Meeting

    The activity Waaree Smart Meters Private Limited last Annual general meeting of members was held on 29 Nov 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Abhishek Pareek was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2025 & has been associated with this company since 3 months 25 days . was completed.

  • Balance Sheet

    Progress on Waaree Smart Meters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    Dhruv Haresh Chheda was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2024 & has been associated with this company since 2 years 25 days . was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 16.76 Cr registered on 30 Jun 2022 with Charge ID 100598640 was modified on 30 Dec 2023. was completed.

  • Director Appointment

    The activity Vijay Laljibhai Chheda was appointed as a Additional Director was appointed as a Additional Director on 02 Aug 2023 & has been associated with this company since 2 years 7 months . was completed.

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Frequently Asked Questions
What is the CIN of Waaree Smart Meters Private Limited?

The CIN of Waaree Smart Meters Private Limited is U31100MH2018PTC309664.

Where is Waaree Smart Meters Private Limited headquartered?

Waaree Smart Meters Private Limited is headquartered at Plot No. A-108, Akrale, Midc, Dindori,, Nashik, Maharashtra, 422202.

When was Waaree Smart Meters Private Limited incorporated?

Waaree Smart Meters Private Limited was incorporated on 21 May 2018.

Who are the current directors of Waaree Smart Meters Private Limited?

The current directors of Waaree Smart Meters Private Limited are

What is the primary industry of Waaree Smart Meters Private Limited?

The primary industry of Waaree Smart Meters Private Limited is Manufacturing.

Is Waaree Smart Meters Private Limited a listed company?

Waaree Smart Meters Private Limited is unlisted.

What is the capital structure of Waaree Smart Meters Private Limited?

The authorized capital of Waaree Smart Meters Private Limited is ₹70.00 Cr, and the paid-up capital is ₹70.00 Cr.

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