Radiance Renewables Profile
Key Indicators
- Authorised Capital ₹ 2,500.00 Cr
- Paid Up Capital ₹ 1,200.00 Cr
- Company Age 7 Year, 30 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,584.33 Cr
- Satisfied Charges ₹ 1,142.45 Cr
- Revenue Growth 2973.07%
- Profit Growth 186.63%
- Ebitda 15.65%
- Net Worth 348.65%
- Total Assets 429.23%
About Radiance Renewables
Radiance Renewables Private Limited (RRPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 April 2018 (Seven years 30 days old ). Its registered office is in Mumbai, Maharashtra, India.
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 ₹3,584.33 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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Infrastructure and Utilities
Radiance Renewables Private Limited
Explore comprehensive data for Radiance Renewables Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 2022, experienced significant growth in revenue, with a 2973.07% increase. The company also saw a substantial improvement in profitability, with a 186.63% increase in profit. The company's net worth Soared by an impressive increase of 348.65%.
- 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 2024, Radiance Renewables had a promoter holding of 100.00%. The company had 74 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tecso Charge Zone LimitedKuldipkumar Kaura is a mutual person
Indo Enviro Integrated Solutions Private LimitedKuldipkumar Kaura is a mutual person
Everenviro Resource Management Private LimitedKuldipkumar Kaura is a mutual person
Greencell Mobility Private LimitedPrasanna Desai is a mutual person
Ayana Renewable Power Private LimitedPrasanna Desai is a mutual person
Aplos Ventures Private LimitedKuldipkumar Kaura is a mutual person
Charges (Loans)
Open Charges
₹3,584.33 Cr
Satisfied Charges
₹1,142.45 Cr
Charges Breakdown by Lending Institutions
- Others : 2518.56 Cr
- Idbi Trusteeship Services Limited : 952.87 Cr
- Axis Bank Limited : 112.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2024 | Others | ₹75.00 Cr | Open |
| 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 |
How Many Employees Work at Radiance Renewables?
Radiance Renewables has a workforce of 107 employees as of Feb 19, 2025. 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.
Latest Updates, News, and FAQs on Radiance Renewables
Recent activity within the organization
- Charges
A charge with Others of Rs. 75.00 Cr registered on 24 Dec 2024 with Charge ID 101029630 was modified on 15 Jan 2025.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 13.35 Cr registered on 20 Dec 2023 with Charge ID 100846201 was modified on 08 Jan 2025.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 150.00 Cr registered on 27 Sep 2023 with Charge ID 100816041 was modified on 07 Jan 2025.
- Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101029630 was registered on 24 Dec 2024.
- Charges
A charge with Others amounted to Rs. 110.00 Cr with Charge ID 101007732 was registered on 05 Nov 2024.
- Charges
A charge with Others of Rs. 13.33 Cr registered on 12 Oct 2022 with Charge ID 100656094 was modified on 05 Nov 2024.
Recent News, Updates & Announcement
- Radiance mandates Rothschild to sell platform | Mint.
Radiance Renewables, backed by Eversource Capital, has hired Rothschild & Co. to sell its platform serving commercial and industrial customers in a deal valued at around $150m. The company currently has an operational portfolio of 500 MW and plans to increase capacity to 2 GW over three years..
Frequently asked questions
What is the Incorporation or founding date of Radiance Renewables Private Limited?
Radiance Renewables Private Limited was incorporated on 20 Apr 2018.
What is authorized share capital and paid-up capital of Radiance Renewables Private Limited?
The authorized share capital of Radiance Renewables Private Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 1,200.00 Cr.
Who are the current board members & directors of Radiance Renewables Private Limited?
Currently 5 directors are associated with Radiance Renewables Private Limited.
- Kuldipkumar Dayaram Kaura
- Manikkan Sangameswaran
- Prasanna Prakash Desai
- Nitin Surinder Bhatia
- Santosh Bhimrao Pawar
What is the registered address of Radiance Renewables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Radiance Renewables Private Limited is 9Th Floor Godrej One Pirojshanagar Opposite Eastern Express Highway, Vikhro Li East India, Mumbai, Maharashtra, 400079.
What is the corporate identification number (CIN) and company number of Radiance Renewables Private Limited?
The corporate identification number (CIN) of Radiance Renewables Private Limited is U74999MH2018PTC308291 and the company number is 308291 as per Ministry of Corporate Affairs (MCA).
What is the official website of Radiance Renewables Private Limited?
The Official website of Radiance Renewables Private Limited is https://www.eversourcecapital.com
What has been the recent revenue trend for Radiance Renewables Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Radiance Renewables Private Limited has risen by 2973.07%.
How many employees does Radiance Renewables Private Limited currently have?
As Per 2022 financial reports, 107 employees are currently employed by Radiance Renewables Private Limited.
What change has been observed in the net worth of Radiance Renewables Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Radiance Renewables Private Limited has experienced an upsurge of 348.65%.
What are the total open charges for Radiance Renewables Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Radiance Renewables Private Limited amount to ₹ 3,584.33 Cr.
When was the last Balance Sheet of Radiance Renewables Private Limited filed with the ROC?
The most recent Balance Sheet for Radiance Renewables Private Limited was filed with the ROC on 31 Mar 2024.
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