Velcan Renewable Energy Private Limited

Renewable energy company generating hydro-electric power for sustainable development in India and France.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated: December 25, 2024

Velcan Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 72.00 Cr
  • Paid Up Capital ₹ 51.01 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -78.68%
  • Profit Growth -113.43%
  • Ebitda -92.03%
  • Net Worth -0.39%
  • Total Assets -0.37%

About Velcan Renewable Energy

Velcan Renewable Energy Private Limited (VREPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 March 2006 and has a history of 18 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 72.00 Cr and a paid-up capital of Rs 51.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Velcan Renewable Energy Private Limited India is Harshita Yadav as COMPANY SECRETARY. Benoit Laborie, Ramapura Setty, Jean Rivoire, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velcan.lu

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40107KA2006PTC038890

  • Company No.

    038890

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2006

  • Date of AGM

    30 Sep 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 Velcan Renewable Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Harshita Yadav Company Secretary09-Dec-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Ramapura Setty Country flag representing In Director 27-Aug-2010Current
Benoit Laborie Country flag representing Fr Director 19-Apr-2007Current
Jean Rivoire Country flag representing Fr Director 17-Aug-2020Current
Harokoppa Madhu Country flag representing In Director 14-Aug-2023Current

Financial Performance of Velcan Renewable Energy.

Velcan Renewable Energy Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 78.68% decrease. The company also saw a substantial fall in profitability, with a 113.43% decrease in profit. The company's net worth dipped by a decrease of 0.39%.

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
-78.68%
Revenue from Operations
Total Assets
-0.37%
Profit or Loss
-113.43%
Net Worth
-0.39%
EBITDA
-92.03%

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

In 2021, Velcan 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Velcan Renewable Energy?

Velcan Renewable Energy has a workforce of 3 employees as of Apr 03, 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 Velcan 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 Velcan 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 Velcan Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Velcan Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Velcan 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

    Harshita Yadav was appointed as a Company Secretary was appointed as a Company Secretary on 09 Dec 2023 & has been associated with this company since 1 year 2 months .

    09 Dec 2023

  • Director Appointment

    Harokoppa Siddegowda Madhu was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 6 months .

    14 Aug 2023

  • Director Appointment

    Jean Luc Marie Rivoire was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 4 years 6 months .

    17 Aug 2020

  • Director Appointment

    Ramapura Lakshminarayana Setty Nagaraja Setty was appointed as a Director was appointed as a Director on 27 Aug 2010 & has been associated with this company since 14 years 5 months .

    27 Aug 2010

Recent News, Updates & Announcement

Frequently asked questions

  • Velcan Renewable Energy Private Limited was incorporated on 31 Mar 2006.

  • The authorized share capital of Velcan Renewable Energy Private Limited is ₹ 72.00 Cr and paid-up capital is ₹ 51.01 Cr.

  • Currently 5 directors are associated with Velcan Renewable Energy Private Limited.

    • Benoit Serge Maurice Laborie
    • Ramapura Lakshminarayana Setty Nagaraja Setty
    • Jean Luc Marie Rivoire
    • Harshita Yadav
    • Harokoppa Siddegowda Madhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velcan Renewable Energy Private Limited is 572 Samruddhinilayaunitno.2 Iifloor Icrpolicestationrd.Behindgovthighscho Ol, Hebbal India, Bangalore, Karnataka, 560024.

  • The corporate identification number (CIN) of Velcan Renewable Energy Private Limited is U40107KA2006PTC038890 and the company number is 038890 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velcan Renewable Energy Private Limited is https://www.velcan.lu

  • According to the financial reports for the fiscal year 2022, the revenue trend for Velcan Renewable Energy Private Limited has fallen by -78.68%.

  • As Per 2022 financial reports, 3 employees are currently employed by Velcan Renewable Energy Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Velcan Renewable Energy Private Limited has experienced an downturn of -0.39%.

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

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