Raichur Power Corporation Limited

JV operates 1,600MW coal-based thermal power project, sources BTG package from BHEL, sells power to Karnataka utilities.

2009 | Bengaluru, Karnataka (India) | Active
Last Updated: October 15, 2024

Raichur Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3,000.00 Cr
  • Paid Up Capital ₹ 2,999.76 Cr
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11,171.64 Cr
  • Satisfied Charges ₹ 2,850.00 Cr
  • Revenue Growth -7.58%
  • Profit Growth -104.83%
  • Ebitda -33.97%
  • Net Worth -33.98%
  • Total Assets 4.90%

About Raichur Power Corporation

Raichur Power Corporation Limited (RPCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 April 2009 and has a history of 15 years and ten months. Its registered office is in Bengaluru, Karnataka, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3,000.00 Cr and a paid-up capital of Rs 2,999.76 Cr.

The company currently has active open charges totaling ₹11,171.64 Cr. The company has closed loans amounting to ₹2,850.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Raichur Power Corporation Limited India is Manathattai Anand as COMPANY SECRETARY. Sambasivarao Sharada, Gauravgupta, Ramu Nagaraja, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40101KA2009PLC049582

  • Company No.

    049582

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2009

  • Date of AGM

    22 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

Who are the key members and board of directors at Raichur Power Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Gauravgupta Country flag representing In Managing Director07-Sep-2023Current
Manathattai Anand Company Secretary17-Sep-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Sambasivarao Sharada Country flag representing In Director 28-Jan-2022Current
Ketoki Basu Country flag representing In Director 01-Aug-2019Current
Ramu Nagaraja Country flag representing In Director 06-Apr-2010Current
Rajesh Sisodia Country flag representing In Nominee Director 14-Sep-2023Current
Rajesh Kohli Country flag representing In Director Current
Bani Varma Country flag representing In Director Current

Financial Performance of Raichur Power Corporation.

Raichur Power Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.58% decrease. The company also saw a substantial fall in profitability, with a 104.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.98%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-7.58%
Revenue from Operations
-3.75%
Total Assets
4.90%
Profit or Loss
-104.83%
Net Worth
-33.98%
EBITDA
-33.97%

What is the Ownership and Shareholding Structure of Raichur Power Corporation?

In 2023, Raichur Power Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11,171.64 Cr

Satisfied Charges

₹2,850.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 11171.64 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2022Others₹762.40 CrOpen
14 Jul 2011Others₹10,409.24 CrOpen
27 Mar 2019Vijaya Bank₹100.00 CrSatisfied
31 Oct 2018Others₹1,000.00 CrSatisfied
09 Aug 2018Others₹500.00 CrSatisfied

How Many Employees Work at Raichur Power Corporation?

Unlock and access historical data on people associated with Raichur Power Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raichur Power Corporation, 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 Raichur Power Corporation'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.

Latest Updates, News, and FAQs on Raichur Power Corporation

Recent activity within the organization

  • Charges

    A charge registered on 27 Mar 2019 via Charge ID 100248233 with Vijaya Bank was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Raichur Power Corporation Limited last Annual general meeting of members was held on 22 Nov 2023 as per latest MCA records.

    22 Nov 2023

  • Director Appointment

    Rajesh Pratap Singh Sisodia was appointed as a Nominee Director was appointed as a Nominee Director on 14 Sep 2023 & has been associated with this company since 1 year 5 months .

    14 Sep 2023

  • Director Appointment

    Gauravgupta was appointed as a Managing Director was appointed as a Managing Director on 07 Sep 2023 & has been associated with this company since 1 year 5 months .

    07 Sep 2023

  • Balance Sheet

    Raichur Power Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 762.40 Cr with Charge ID 100580508 was registered on 31 May 2022.

    31 May 2022

Frequently asked questions

  • Raichur Power Corporation Limited was incorporated on 15 Apr 2009.

  • The authorized share capital of Raichur Power Corporation Limited is ₹ 3,000.00 Cr and paid-up capital is ₹ 2,999.76 Cr.

  • Currently 8 directors are associated with Raichur Power Corporation Limited.

    • Sambasivarao Chandramouleswara Sharada
    • Gauravgupta
    • Ramu Nagaraja
    • Ketoki Basu
    • Rajesh Pratap Singh Sisodia
    • Rajesh Kohli
    • Bani Varma
    • Manathattai Subbarathnam Anand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raichur Power Corporation Limited is Karnataka Power Corporation Limited. No 3 Palace Road, Bengaluru, India, 560001.

  • The corporate identification number (CIN) of Raichur Power Corporation Limited is U40101KA2009PLC049582 and the company number is 049582 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raichur Power Corporation Limited is https://www.raichur-power-corporation-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raichur Power Corporation Limited has fallen by -7.58%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raichur Power Corporation Limited has experienced an downturn of -33.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raichur Power Corporation Limited amount to ₹ 11,171.64 Cr.

  • The most recent Balance Sheet for Raichur Power Corporation Limited was filed with the ROC on 31 Mar 2023.

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