Rabas Power India Private Limited
About Rabas Power India Private Limited
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Rabas Power India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111946. Its GSTIN is 29AAICR8804N1ZM (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Rama Basavaraju and Rakshith Basavaraju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #15 Narayanappa Block 3rd Floor 6th Main 3rd Cross 2nd Block Rt Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.49 Lakh (net margin 2.3%) and EBITDA of ₹19.92 Lakh (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
Company details
Contact details
Rabas Power India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#15 Narayanappa Block 3rd Floor 6th Main 3rd Cross 2nd Block Rt Nagar, Bangalore, Karnataka, India – 560032
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Rabas Power India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Rabas Power India is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Rabas Power India Private Limited, buy the company report.
Financials of Rabas Power India Private Limited
FY 2024 filings availableRabas Power India Private Limited reported revenue of ₹1.1 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 35% growth in the latest year. EBITDA fell 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.92 Lakh | ||||
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| Net Profit (PAT) | ₹2.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Rabas Power India Private Limited, buy the company report.
Board of directors of Rabas Power India Private Limited
Rabas Power India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Basavaraju | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
| Rakshith Basavaraju | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
| Deganahalli Hanumnathaiah Basavaraju Also directs: Arramba Energy India Private Limited, Berkley Learning Private Limited, Ampolt Kabadi Solar Private Limited and 1 more | Director | 01 Aug 2021 | 5 Years 3 Months | Current |
| Akshitha Basavaraju | Director | 01 Aug 2021 | 5 Years 3 Months | Current |
Peer comparison
Rabas Power India Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solar Quest Projects Four Private Limited | ₹1.12 Cr (FY 2025) | 453.0% | Ajmer, Rajasthan, India | |||
| Solantra Private Limited | ₹1.11 Cr (FY 2021) | -37.0% | Mumbai, Maharashtra, India | |||
| Rabas Power India Private Limitedthis company | ₹1.1 Cr (FY 2024) | ₹2.49 Lakh | 2.3% | 35.0% | Bangalore, Karnataka, India | |
| Aster Solar Power Private Limited | ₹1.1 Cr (FY 2025) | 5.0% | Chandigarh, India |
To see the full peer comparison of Rabas Power India Private Limited, buy the company report.
Auditor
Rabas Power India Private Limited is audited by RAVINDRANATH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRANATH & CO | FY 2023 | 003224S |
Shareholding
The shareholding of Rabas Power India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rabas Power India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rabas Power India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rabas Power India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rabas Power India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR8804N1ZM | Karnataka | Active | 26 Jun 2018 |
To see the full GST registrations and return filing status of Rabas Power India Private Limited, buy the company report.
Recent activity
Rabas Power India Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Akshitha Basavaraju ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Rabas Power India is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111946.
Rabas Power India has 4 current directors:
- Rama Basavaraju - Director
- Rakshith Basavaraju - Director
- Deganahalli Hanumnathaiah Basavaraju - Director
- Akshitha Basavaraju - Director
The latest financial statements of Rabas Power India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Rabas Power India is 29AAICR8804N1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Rabas Power India is U74999KA2018PTC111946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rabas Power India was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rabas Power India by revenue are Solar Quest Projects Four Private Limited, Solantra Private Limited, Aster Solar Power Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Akshitha Basavaraju ceased to be Additional Director on 30 Nov 2021. Deganahalli Hanumnathaiah Basavaraju ceased to be Additional Director on 30 Nov 2021. Akshitha Basavaraju was appointed as Director on 01 Aug 2021. Rabas Power India has 6 board changes on record in total.
The registered office of Rabas Power India is at #15 Narayanappa Block 3rd Floor 6th Main 3rd Cross 2nd Block Rt Nagar, Bangalore, Karnataka, India – 560032.
Rabas Power India operates in the environment industry, in the solar energy solutions segment.
Rabas Power India can be reached at its registered office: #15 Narayanappa Block 3rd Floor 6th Main 3rd Cross 2nd Block Rt Nagar, Bangalore, Karnataka, India – 560032.
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