MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-22-0000028
LNB Renewable Energy Limited - environment in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹118.97 Cr
▼ 72% YoY
Net profit · FY 2025
₹3.37 Cr
Net margin 2.8%
EBITDA · FY 2025
₹14.44 Cr
EBITDA margin 12.1%
Authorised capital
₹82.5 Cr
Registered with MCA
Paid-up capital
₹81.3 Cr
Issued & subscribed
Open charges
₹158.2 Cr
Satisfied ₹189.23 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
106
Provident fund records
About LNB Renewable Energy Limited
Data last updated:
LNB Renewable Energy Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Placid Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 07 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U37100WB2012PLC188046. Its GSTIN is 19AACCL3940P1Z0 (West Bengal). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹82.5 Cr and a paid-up capital of ₹81.3 Cr. It was formerly known as Lnb Renewable Energy Private Limited. It is led by directors including Ramavtar Holani and Amit Mehta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.97 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Cr (net margin 2.8%) and EBITDA of ₹14.44 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
The company has about 106 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries.
The company is associated with 1 brand: LNB Renewable. As per MCA filings, the company has open charges of ₹158.2 Cr and satisfied charges of ₹189.23 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.25 Cr; the latest was in March 2018. Its 3 peer companies in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 1 smaller; the largest is Mytrah Vayu (Manjira) Private Limited with revenue of ₹119.65 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 16 micro and small suppliers.
LNB Renewable Energy Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-22-0000028). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lnbrenewable.com.
Company details
CIN U37100WB2012PLC188046
Registration Number 188046
Incorporation Date 07 November 2012
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Placid Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-22-0000028
CIN history
LNB Renewable Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U37100WB2012PLC188046, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U37100WB2012PLC188046 | Current |
| U37100WB2012PTC188046 | Previous |
| U40300WB2012PTC188046 | Previous |
Recognitions & Rankings of LNB Renewable Energy
Contact details
LNB Renewable Energy Limited's registered office is in Kolkata, West Bengal. Its website is lnbrenewable.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022
- IndustryEnvironment, Wind Energy Solutions, Solar Energy Solutions
To see the full contact details of LNB Renewable Energy Limited, buy the company report.
Comprehensive company report
LNB Renewable Energy Limited - one report that includes everything
- 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
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Brands
LNB Renewable Energy operates one associated brand: LNB Renewable. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC and O&M services for grid-connected solar plants are delivered. | lnbrenewable.com |
Business activity
The main business activity of LNB Renewable Energy 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 LNB Renewable Energy Limited, buy the company report.
Financials of LNB Renewable Energy Limited
FY 2025 filings availableLNB Renewable Energy Limited reported revenue of ₹118.97 Cr (down 72% YoY) for FY 2025.
Revenue · FY 2025
₹118.97 Cr ▼ 72%
Net profit · FY 2025
₹3.37 Cr margin 2.8%
EBITDA · FY 2025
₹14.44 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▲ 3%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 40%
5 years · compounded
▼ 19%
Revenue fell 72% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.44 Cr | ||||
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| Net Profit (PAT) | ₹3.37 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of LNB Renewable Energy Limited, buy the company report.
Board of directors of LNB Renewable Energy Limited
LNB Renewable Energy has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramavtar Holani | Director | 31 Mar 2019 | 7 Years 6 Months | Current |
| Amit Mehta Also directs: Kiran Vyapar Ltd., Maharaja Shree Umaid Mills Limited, Exponentiator Strategic Ventures LLP and 5 more | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Ramakant Sharma Also directs: Navjyoti Commodity Management Services Limited | Director | 31 Mar 2019 | 7 Years 6 Months | Current |
| Lakshmi Niwas Bangur Also directs: Iota Mtech Power LLP, The Peria Karamalai Tea and Produce Company Limited, Kiran Vyapar Ltd. and 5 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Rohan Jhawar Also directs: Agrajay Greeneries Private Limited, Swastine Greenpark Private Limited, Suruchaye Greeneries Private Limited and 4 more | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
LNB Renewable Energy Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, 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 |
|---|---|---|---|---|---|---|
| Mytrah Vayu (Manjira) Private Limited | ₹119.65 Cr (FY 2025) | 25.0% | Hyderabad, Telangana, India | |||
| Renew Solar Energy (TN) Private Limited | ₹119.3 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| LNB Renewable Energy Limitedthis company | ₹118.97 Cr (FY 2025) | ₹3.37 Cr | 2.8% | -72.0% | 106 | Kolkata, West Bengal, India |
| Renew Saur Shakti Private Limited | ₹118.8 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of LNB Renewable Energy Limited, buy the company report.
Auditor
LNB Renewable Energy Limited is audited by Singhi &Singhi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi &Singhi | FY 2023 | 326707E |
Shareholding
The shareholding of LNB Renewable Energy 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 LNB Renewable Energy Limited, buy the company report.
Charges & borrowings
Open charges
₹158.2 Cr
Satisfied charges
₹189.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2025 | 101105672 | Others | ₹10 Cr | Open | |
| 16 Feb 2024 | 100924658 | Others | ₹50 Cr | Open | |
| 29 Jun 2023 | 100748620 | Others | ₹1.2 Cr | Open | |
| 14 Jun 2023 | 100754048 | Hdfc Bank Limited | ₹90 Cr | Open | |
| 10 Aug 2021 | 100479786 | Hdfc Bank Limited | ₹7 Cr | Open |
To see the full charge records of LNB Renewable Energy Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
LNB Renewable Energy Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.25 Cr; the latest was in March 2018.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹77.25 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹4.2 Cr | Investors: Placid Limited |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: Sidhidata Power Private Limited Seller: Iota Mtech Power LLP |
| Sep 2013 | Funding round | ₹45 Cr | Investors: Shree Krishna Agency Limited , Sidhidata Power Private Limited , Iota Mtech Power LLP |
| Jan 2013 | Funding round | ₹25 Lakh | Investors: Placid Limited |
| Jan 2013 | Funding round | ₹32 Cr | Investors: Placid Limited |
To see the full deal history of LNB Renewable Energy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
LNB Renewable Energy Limited has 2 court cases on record: 1 filed by LNB Renewable Energy, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nalgonda, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
| High Court, West Bengal | Court case (ITAT) | Filed by the company against Principal Commissioner of Income Tax-2, Kolkata | Disposed |
To see the full case history of LNB Renewable Energy 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
LNB Renewable Energy Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Surbhi Holidays Private Limited | |||
| Darsh Calibrations Private Limited | |||
| Indisolar Products Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of LNB Renewable Energy Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
LNB Renewable Energy has 10 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
10
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Manifold Agricrops Private Limited | U01403WB2012PTC186982 | |
| Yasheshvi Greenhub Private Limited | U01403WB2013PTC193144 | |
| Sidhidata Solar Urja Limited | U40102WB2012PLC185897 | |
| Palimarwar Solar House Private Limited | U40109WB2013PTC190217 | |
| LNB Solar Energy Private Limited | U40300WB2012PTC188041 | |
| LNB Wind Energy Private Limited | U40300WB2012PTC188232 |
To see the full group structure of LNB Renewable Energy Limited, buy the company report.
Employees & EPFO
LNB Renewable Energy Limited has a workforce of 106 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
120.83%
GST
LNB Renewable Energy has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCL3940P1Z0 | West Bengal | Active | 01 Jul 2017 |
| 08AACCL3940P1Z3 | Rajasthan | Active | 06 Feb 2018 |
| 36AACCL3940P1Z4 | Telangana | Active | 25 Mar 2021 |
| 20AACCL3940P1ZH | Jharkhand | Active | 08 Jun 2023 |
To see the full GST registrations and return filing status of LNB Renewable Energy Limited, buy the company report.
Recent activity
LNB Renewable Energy Limited has 14 board changes on record since 2013: 5 appointments and 9 cessations. The latest: Shreeyash Bangur ceased to be Director on 31 Mar 2025.
Charges
A charge registered on 15 Jan 2021 via Charge ID 100412470 with Others was fully satisfied on 27 Oct 2025.
AGM
Lnb Renewable Energy Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101105672 was registered on 16 May 2025.
Filing
Lnb Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Ceased
Shreeyash Bangur ceased to be Director.
Ceased
Yogesh Bangur ceased to be Director.
Appointed
Lakshmi Niwas Bangur was appointed as Director.
Ceased
Lakshmi Niwas Bangur ceased to be Additional Director.
Ceased
Sheetal Bangur ceased to be Director.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100924658 was registered on 16 Feb 2024.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100748620 was registered on 29 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 Cr with Charge ID 100754048 was registered on 14 Jun 2023.
17 earlier events are in the company report.
Frequently asked questions
LNB Renewable Energy is an active public limited company based in Kolkata, West Bengal, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 07 November 2012 (14+ years old) and is registered under CIN U37100WB2012PLC188046.
LNB Renewable Energy has 5 current directors:
- Ramavtar Holani - Director
- Amit Mehta - Director
- Ramakant Sharma - Director
- Lakshmi Niwas Bangur - Director
- Rohan Jhawar - Director
The latest financial statements of LNB Renewable Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of LNB Renewable Energy is 19AACCL3940P1Z0, registered in West Bengal. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 08AACCL3940P1Z3 (Rajasthan), 36AACCL3940P1Z4 (Telangana), 20AACCL3940P1ZH (Jharkhand).
The CIN (Corporate Identification Number) of LNB Renewable Energy is U37100WB2012PLC188046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LNB Renewable Energy has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
LNB Renewable Energy was incorporated on 07 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
LNB Renewable Energy has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.25 Cr; the latest was in March 2018.
The peers of LNB Renewable Energy by revenue are Mytrah Vayu (Manjira) Private Limited, Renew Solar Energy (TN) Private Limited, Renew Saur Shakti Private Limited, all in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Shreeyash Bangur ceased to be Director on 31 Mar 2025. Yogesh Bangur ceased to be Director on 31 Mar 2025. Lakshmi Niwas Bangur was appointed as Director on 01 Oct 2024. LNB Renewable Energy has 14 board changes on record in total.
Yes, LNB Renewable Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-22-0000028).
LNB Renewable Energy has 15 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 16 micro and small suppliers. The latest return was filed on 29 Apr 2024.