Rajasthan Solarpark Development Company Limited
About Rajasthan Solarpark Development Company Limited
Data last updated:
Rajasthan Solarpark Development Company Limited is a public limited state government company based in Jaipur, Rajasthan, India, a subsidiary of Rajasthan Renewable Energy Corporation Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40102RJ2011SGC036861. Its GSTIN is 08AAFCR7313H1ZC (Rajasthan).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rohit Gupta and Dinesh Kumar Pahadia.
Its last annual general meeting (AGM) was held on 29 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 166 Yudhisther Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.19 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹39.95 Cr (net margin 57.7%) and EBITDA of ₹60.78 Cr (EBITDA margin 87.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 19% over five years.
Court records list 22 cases involving the company, including 22 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rajasthan Solarpark Development Company Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 166 Yudhisther Marg C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Rajasthan Solarpark Development Company 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 Rajasthan Solarpark Development Company is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Rajasthan Solarpark Development Company Limited, buy the company report.
Financials of Rajasthan Solarpark Development Company Limited
FY 2025 filings availableRajasthan Solarpark Development Company Limited reported revenue of ₹69.19 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 13% growth in the latest year. EBITDA rose 8% 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 | ₹60.78 Cr | ||||
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| Net Profit (PAT) | ₹39.95 Cr | ||||
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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 | 87.8% | ||||
| Net Profit Margin | 57.7% | ||||
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To see the full financial statements and ratios of Rajasthan Solarpark Development Company Limited, buy the company report.
Board of directors of Rajasthan Solarpark Development Company Limited
Rajasthan Solarpark Development Company has 6 current directors and 67 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Pahadia Also directs: Rajasthan Electronics and Instruments Ltd | Nominee Director | 05 Nov 2020 | 6 Years 0 Months | Current |
| Yogendra Mathur Also directs: Tredco Rajasthan Limited | Nominee Director | 11 Nov 2024 | 1 Years 11 Months | Current |
| Rohit Gupta Also directs: Sambhar Salts Limited, Rajasthan Renewable Energy Corporation Limited, Saurya Urja Company of Rajasthan Limited and 4 more | Director | 26 Jun 2025 | 1 Years 4 Months | Current |
| Ashok Kumar Sharma | Nominee Director | 13 Sep 2025 | 1 Years 1 Months | Current |
| Raj Kumar Sharma Also directs: Jaipur Vidyut Vitran Nigam Limited | Nominee Director | 13 Sep 2025 | 1 Years 1 Months | Current |
| Sushil Sharma Also directs: Tredco Rajasthan Limited | Nominee Director | 05 Dec 2025 | 0 Years 11 Months | Current |
Auditor
Rajasthan Solarpark Development Company Limited is audited by SHAH PATNI AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH PATNI AND CO. | FY 2023 | 001055C |
Shareholding
The shareholding of Rajasthan Solarpark Development Company 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 Rajasthan Solarpark Development Company Limited, buy the company report.
Legal cases
Rajasthan Solarpark Development Company Limited has 22 court cases on record: 22 filed against it. 10 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 18 | 8 |
| District courts | 4 | 4 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company by Rising Sun Energy (K) Private Limited | Pending |
| High Court of Rajasthan | Court case (WRES) | Filed against the company by Rising Sun Energy Private Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed against the company by Vikran Engineering Limited | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed against the company by Vikran Engineering Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Vikran Engineering and Exim Pvt. Ltd. | Pending |
To see the full case history of Rajasthan Solarpark Development Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rajasthan Solarpark Development Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajasthan Solarpark Development Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCR7313H1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajasthan Solarpark Development Company Limited, buy the company report.
Recent activity
Rajasthan Solarpark Development Company Limited has 74 board changes on record since 2012: 7 appointments and 67 cessations. The latest: Durgesh Rajoriya ceased to be Nominee Director on 05 Dec 2025.
65 earlier events are in the company report.
Frequently asked questions
Rajasthan Solarpark Development Company is an active public limited state government company based in Jaipur, Rajasthan, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 November 2011 (15+ years old) and is registered under CIN U40102RJ2011SGC036861.
Rajasthan Solarpark Development Company has 6 current directors:
- Dinesh Kumar Pahadia - Nominee Director
- Yogendra Mathur - Nominee Director
- Rohit Gupta - Director
- Ashok Kumar Sharma - Nominee Director
- Raj Kumar Sharma - Nominee Director
- Sushil Sharma - Nominee Director
The latest financial statements of Rajasthan Solarpark Development Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajasthan Solarpark Development Company is 08AAFCR7313H1ZC, registered in Rajasthan.
The CIN (Corporate Identification Number) of Rajasthan Solarpark Development Company is U40102RJ2011SGC036861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajasthan Solarpark Development Company has 22 court cases on record: 22 filed against it. 10 are pending. Most are in the high courts.
Rajasthan Solarpark Development Company was incorporated on 02 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
Durgesh Rajoriya ceased to be Nominee Director on 05 Dec 2025. Sushil Sharma was appointed as Nominee Director on 05 Dec 2025. Ashok Kumar Sharma was appointed as Nominee Director on 13 Sep 2025. Rajasthan Solarpark Development Company has 74 board changes on record in total.
The registered office of Rajasthan Solarpark Development Company is at E – 166 Yudhisther Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
Rajasthan Solarpark Development Company operates in the environment industry, in the solar energy solutions segment.
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