Radiance Renewables Profile
Key Indicators
- Authorised Capital ₹ 2,500.00 Cr
as on 20-12-2024
- Paid Up Capital ₹ 1,200.00 Cr
as on 20-12-2024
- Company Age 6 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,509.33 Cr
as on 20-12-2024
- Satisfied Charges ₹ 1,142.45 Cr
as on 20-12-2024
- Revenue 367.35%
(FY 2021)
- Profit -156.49%
(FY 2021)
- Ebitda -240.11%
(FY 2021)
- Net Worth 33323.65%
(FY 2021)
- Total Assets 209.43%
(FY 2021)
About Radiance Renewables
The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2,500.00 Cr and a paid-up capital of Rs 1,200.00 Cr.
The company currently has active open charges totaling ₹3,509.33 Cr. The company has closed loans amounting to ₹1,142.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Radiance Renewables Private Limited India are Nitin Bhatia as CFO and Santosh Pawar as Company Secretary. Kuldipkumar Kaura, Manikkan Sangameswaran, and Prasanna Desai serve as directors at the Company.
- CIN/LLPIN
U74999MH2018PTC308291
- Company No.
308291
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Apr 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Radiance Renewables?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Bhatia | CFO | 03-Oct-2023 | Current |
Santosh Pawar  | Company Secretary | 27-Jan-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prasanna Desai | Director | 01-Nov-2018 | Current |
| Kuldipkumar Kaura | Director | 24-Jun-2022 | Current |
| Manikkan Sangameswaran | Whole-Time Director | 01-Jun-2020 | Current |
Financial Performance of Radiance Renewables.
Radiance Renewables Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 367.35% increase. The company also saw a substantial fall in profitability, with a 156.49% decrease in profit. The company's net worth Soared by an impressive increase of 33323.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Radiance Renewables?
In 2021, Radiance Renewables had a promoter holding of 100.00%. The company had 25 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indo Enviro Integrated Solutions Private LimitedActive 17 years 5 monthsKuldipkumar Kaura is a mutual person
Everenviro Resource Management Private LimitedActive 5 years 4 monthsKuldipkumar Kaura is a mutual person
Charges (Loans)
₹3,509.33 Cr
₹1,142.45 Cr
Charges Breakdown by Lending Institutions
- Others : 2443.56 Cr
- Idbi Trusteeship Services Limited : 952.87 Cr
- Axis Bank Limited : 112.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2024 | Others | ₹110.00 Cr | Open |
| 28 Jun 2024 | Axis Bank Limited | ₹105.00 Cr | Open |
| 28 May 2024 | Others | ₹50.00 Cr | Open |
| 22 Mar 2024 | Others | ₹60.50 Cr | Open |
| 22 Mar 2024 | Others | ₹37.50 Cr | Open |
How Many Employees Work at Radiance Renewables?
Radiance Renewables has a workforce of 98 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Radiance Renewables, 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 Radiance Renewables'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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