Radiance Renewables Profile
Key Indicators
- Authorised Capital ₹ 2,500.00 Cr
- Paid Up Capital ₹ 1,200.00 Cr
- Company Age 6 Year, 10 Months
- 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 (Six years and ten months 7 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
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
₹3,584.33 Cr
₹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.
_LIMITED.webp){kind=small}
