Velankani Renewable Energy Private Limited

Founded in 2008 and headquartered in Karnataka, India.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: December 11, 2024

Velankani Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.04 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 355.00 Cr
  • Revenue Growth 1748.28%
  • Profit Growth 7.57%
  • Ebitda 21.95%
  • Net Worth -1.19%
  • Total Assets -12.31%

About Velankani Renewable Energy

Velankani Renewable Energy Private Limited (VREPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 April 2008 and has a history of 16 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Environment 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 5.00 Cr and a paid-up capital of Rs 4.04 Cr.

The company has closed loans amounting to ₹355.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nagaraj Hariharasubramony, Vema Rathnakar, and Chandra Obalappa serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velankaniindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106KA2008PTC045959

  • Company No.

    045959

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 2008

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

Who are the key members and board of directors at Velankani Renewable Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Nagaraj Hariharasubramony Country flag representing In Director 29-Apr-2015Current
Vema Rathnakar Country flag representing In Director 21-Jun-2023Current
Chandra Obalappa Country flag representing In Director 27-Feb-2018Current

Financial Performance of Velankani Renewable Energy.

Velankani Renewable Energy Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1748.28% increase. The company also saw a slight improvement in profitability, with a 7.57% increase in profit. The company's net worth dipped by a decrease of 1.19%.

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
1748.28%
Revenue from Operations
Total Assets
-12.31%
Profit or Loss
7.57%
Net Worth
-1.19%
EBITDA
21.95%

What is the Ownership and Shareholding Structure of Velankani Renewable Energy?

In 2017, Velankani Renewable Energy 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

₹0

Satisfied Charges

₹355.00 Cr

Charges Breakdown by Lending Institutions

  • Il & Fs Trust Company Limited : 315.00 Cr
  • Others : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2016Others₹40.00 CrSatisfied
30 May 2015Il & Fs Trust Company Limited₹315.00 CrSatisfied

How Many Employees Work at Velankani Renewable Energy?

Velankani Renewable Energy has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velankani Renewable Energy, 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 Velankani Renewable Energy'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 Velankani Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Velankani Renewable Energy Private Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

    15 Jul 2024

  • Balance Sheet

    Velankani Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vema Narayan Rathnakar was appointed as a Director was appointed as a Director on 21 Jun 2023 & has been associated with this company since 1 year 8 months .

    21 Jun 2023

  • Director Appointment

    Chandra Kantha Obalappa was appointed as a Director was appointed as a Director on 27 Feb 2018 & has been associated with this company since 6 years 11 months .

    27 Feb 2018

  • Charges

    A charge registered on 17 Aug 2016 via Charge ID 100047275 with Others was fully satisfied on 05 Jan 2018.

    05 Jan 2018

  • Charges

    A charge registered on 30 May 2015 via Charge ID 10576917 with Il & Fs Trust Company Limited was fully satisfied on 05 Jan 2018.

    05 Jan 2018

Frequently asked questions

  • Velankani Renewable Energy Private Limited was incorporated on 08 Apr 2008.

  • The authorized share capital of Velankani Renewable Energy Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.04 Cr.

  • Currently 3 directors are associated with Velankani Renewable Energy Private Limited.

    • Nagaraj Hariharasubramony
    • Vema Narayan Rathnakar
    • Chandra Kantha Obalappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velankani Renewable Energy Private Limited is No 43 Electronics City, Phase I Hosur Road India, Bangalore, Karnataka, 560100.

  • The corporate identification number (CIN) of Velankani Renewable Energy Private Limited is U40106KA2008PTC045959 and the company number is 045959 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velankani Renewable Energy Private Limited is https://www.velankaniindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Velankani Renewable Energy Private Limited has risen by 1748.28%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Velankani Renewable Energy Private Limited has experienced an downturn of -1.19%.

  • The most recent Balance Sheet for Velankani Renewable Energy Private Limited was filed with the ROC on 31 Mar 2024.

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