Rajasthan Renewable Energy Corporation Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 12.94 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 234.03 Cr
- Revenue Growth 7.29%
- Profit Growth 4.73%
- Ebitda -3.97%
- Net Worth 10.62%
- Total Assets 17.64%
About Rajasthan Renewable Energy Corporation
Rajasthan Renewable Energy Corporation Limited (RRECL) is a leading Public Limited State Government Company incorporated in India on 06 April 1995 and has a history of 29 years and nine months. Its registered office is in Jaipur, Rajasthan, 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 16.00 Cr and a paid-up capital of Rs 12.94 Cr.
The company has closed loans amounting to ₹234.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rajasthan Renewable Energy Corporation Limited India are Gazal Saxena as COMPANY SECRETARY and Deokinandan Sharma as Cfo. Naveen Jain, Om Kasera, Birdi Gangwal, and Three other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U40101RJ1995SGC009847
- Company No.
009847
- Company Classification
Public Limited State Government Company
- Incorporation Date
06 Apr 1995
- Date of AGM
20 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Rajasthan Renewable Energy Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Om Kasera  | Managing Director | 15-Oct-2024 | Current |
| Gazal Saxena | Company Secretary | 15-Apr-2010 | Current |
| Deokinandan Sharma | CFO | 07-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naveen Jain | Director | 15-Oct-2024 | Current |
| Birdi Gangwal | Nominee Director | 30-May-2024 | Current |
| Girdhar | Nominee Director | 04-Jun-2024 | Current |
| Kamlesh Meena | Nominee Director | 29-May-2024 | Current |
| Alok Gupta | Director | 07-Mar-2024 | Current |
Financial Performance of Rajasthan Renewable Energy Corporation.
Rajasthan Renewable Energy Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.29% increase. The company also saw a slight improvement in profitability, with a 4.73% increase in profit. The company's net worth Soared by an impressive increase of 10.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rajasthan Renewable Energy Corporation?
In 2023, Rajasthan Renewable Energy Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajasthan State Beverages Corporation LimitedNaveen Jain is a mutual person
Rajasthan Urja Vikas And It Services LimitedOm Kasera is a mutual person
Jodhpur Vidyut Vitran Nigam LimitedOm Kasera is a mutual person
Jaipur Vidyut Vitran Nigam LimitedNaveen Jain is a mutual person
Adani Renewable Energy Park Rajasthan LimitedOm Kasera is a mutual person
Barmer Lignite Mining Company LimitedGirdhar is a mutual person
Charges (Loans)
₹0
₹234.03 Cr
Charges Breakdown by Lending Institutions
- Power Finance Corporation Ltd. : 177.80 Cr
- The Bank Of Rajasthan Ltd. : 29.75 Cr
- Oriental Bank Of Commerce : 16.00 Cr
- Dena Bank : 6.00 Cr
- Indian Renewable Energy Development Agency Ltd. : 2.48 Cr
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2010 | Oriental Bank Of Commerce | ₹16.00 Cr | Satisfied |
| 18 Mar 2006 | The Bank Of Rajasthan Ltd. | ₹29.75 Cr | Satisfied |
| 14 Jun 2004 | Power Finance Corporation Ltd. | ₹88.90 Cr | Satisfied |
| 13 May 2004 | Power Finance Corporation Ltd. | ₹88.90 Cr | Satisfied |
| 13 Feb 2004 | Dena Bank | ₹6.00 Cr | Satisfied |
How Many Employees Work at Rajasthan Renewable Energy Corporation?
Rajasthan Renewable Energy Corporation has a workforce of 13 employees as of Oct 15, 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 Rajasthan Renewable Energy 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 Rajasthan Renewable Energy Corporation'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.
