About Ravin Retail Energy
Ravin Retail Energy was an Energy & Utilities company based in Mumbai (India) founded in 1950 by Vijay Karia. It develops portable power solutions for retail energy needs. It operates on a B2B model. Its Indian entity Ravin Nugenx Solutions Private Limited reported revenue of ₹2.96 Cr. The company is recorded as dissolved. Its focus areas include Energy, Portable Solutions, Power Development and Retail Applications. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Ravin Retail Energy develops portable power solutions for retail energy needs through working in the energy sector, portable solutions, power development, and retail applications. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Vijay Karia
- SectorsEnergy & Utilities
- Website ravinretail.com
- Social X Facebook
- Legal Name Ravin Energy Solutions Private Limited
- Date of Incorporation 29 Feb, 2012
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2.96 Cr
FY 2024 · +105% YoY
- Net Profit₹1.2 Lakh
FY 2024 · 0% margin
- EBITDA₹1.12 Cr
FY 2024 · 38% margin
Associated legal entities of Ravin Retail Energy
Ravin Retail Energy is associated with 2 registered companies on The Company Check; the primary company is Ravin Nugenx Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ravin Nugenx Solutions Private Limited CIN U35103MH2012PTC227497 | Active | 29 Feb 2012 | Mumbai, Maharashtra | ₹3.0 Cr | 5 | View details | |
| Ravin Energy Solutions Private Limited CIN U27310MH2012PTC227497 | 29 Feb 2012 | Mumbai, Maharashtra, India | View details |
Board of directors of Ravin Nugenx Solutions Private Limited (Ravin Retail Energy)
Ravin Nugenx Solutions Private Limited is the primary company behind Ravin Retail Energy. The board of Ravin Nugenx Solutions Private Limited currently have 5 directors; the longest-serving is Kalpesh Modi Pravinchandra, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalpesh Modi Pravinchandra DIN 05186311 | Director | 29 Feb 2012 | 14 yrs 8 mo | Ravin Nugenx Solutions Private Limited |
| Tejal Piyush Karia DIN 02772146 | Whole-time director | 01 Apr 2016 | 10 yrs 7 mo | Ravin Nugenx Solutions Private Limited |
| Shilpa Vijay Karia DIN 02772159 | Whole-time director | 01 Apr 2016 | 10 yrs 7 mo | Ravin Nugenx Solutions Private Limited |
| Pratham Vijay Karia DIN 08415705 | Director | 09 Apr 2019 | 7 yrs 7 mo | Ravin Nugenx Solutions Private Limited |
| Piyush Jagdishchandra Karia DIN 00621985 | Director | 07 Feb 2025 | 1 yr 9 mo | Ravin Nugenx Solutions Private Limited |
People of Ravin Retail Energy
1 people are tracked at Ravin Retail Energy (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Ravin Retail Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ravin Retail Energy
Figures of Ravin Nugenx Solutions Private Limited, the primary company behind Ravin Retail Energy, for FY 2024. Revenue was ₹2.96 Cr (+105% year on year). Net profit was ₹1.2 Lakh (0% margin). EBITDA was ₹1.12 Cr (38% margin). Revenue has grown at a compounded annual rate of +47% over three years and +17% over five years.
- ₹2.96 CrRevenue · FY 2024 · +105% YoY
- ₹1.2 LakhNet profit · 0% margin
- ₹1.12 CrEBITDA · 38% margin
- ₹25 LakhPaid-up capital
- +47%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ravin Nugenx Solutions Private Limited are on its company page.
Detailed financial statements for Ravin Retail Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Ravin Retail Energy
Ravin Retail Energy has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of Ravin Retail Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Ravin Retail Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Ravin Retail Energy
Ravin Retail Energy was founded in 1950.
Ravin Retail Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Ravin Retail Energy, Ravin Nugenx Solutions Private Limited, reported revenue of ₹2.96 Cr for FY 2024, up 105% year on year.
Ravin Retail Energy develops portable power solutions for retail energy needs through working in the energy sector, portable solutions, power development, and retail applications. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Ravin Retail Energy's top competitors include Servoteh, Borosil Renewables and Nessa.
Ravin Retail Energy operates through Ravin Nugenx Solutions Private Limited.
The legal entities of Ravin Retail Energy currently have 5 directors, including Tejal Piyush Karia, Shilpa Vijay Karia, Piyush Jagdishchandra Karia and others.