About Radiance Punjab Renewable Private Limited
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Radiance Punjab Renewable Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Radiance Renewables Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2012PTC236082. Its GSTIN is 03AAKCA9187B1ZQ (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹12.29 Lakh. It is led by directors Sanjay Khosla and Vishal Jain.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prius Platinum Unit No. 4 5th Floor, Wing No. B D3 P3B District Centre, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.22 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹17.96 Cr (net margin -343.8%) and EBITDA of ₹2.06 Cr (EBITDA margin 39.4%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹13.94 Cr and satisfied charges of ₹627.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in April 2015. The company has 6 MSME Form 1 returns on record between 2020 and 2023, listing 77 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azurepower.com.
Company details
Contact details
Radiance Punjab Renewable Private Limited's registered office is in New Delhi, Delhi. Its website is azurepower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrius Platinum Unit No. 4 5th Floor, Wing No. B D3 P3B District Centre, New Delhi, Delhi, India – 110017
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Radiance Punjab Renewable 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 Radiance Punjab Renewable is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Radiance Punjab Renewable Private Limited, buy the company report.
Financials of Radiance Punjab Renewable Private Limited
FY 2025 filings availableRadiance Punjab Renewable Private Limited reported revenue of ₹5.22 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 13% 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 | ₹2.06 Cr | ||||
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| Net Profit (PAT) | -₹17.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 39.4% | ||||
| Net Profit Margin | -343.8% | ||||
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To see the full financial statements and ratios of Radiance Punjab Renewable Private Limited, buy the company report.
Board of directors of Radiance Punjab Renewable Private Limited
Radiance Punjab Renewable has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Khosla Also directs: Radiance Sunlight Private Limited, Radiance Sunshine Power Private Limited, Radiance Sunenergy Private Limited and 1 more | Director | 21 Sep 2023 | 3 Years 1 Months | Current |
| Vishal Jain Also directs: Voltalia Energy Private Limited, Azure Power Mercury Private Limited, Energywiz Private Limited and 5 more | Additional Director | 10 Nov 2025 | 1 Years 0 Months | Current |
Auditor
Radiance Punjab Renewable Private Limited is audited by S.S. Kothari Mehta & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. Kothari Mehta & Company | FY 2023 | 000756N |
Shareholding
The shareholding of Radiance Punjab Renewable 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Radiance Punjab Renewable Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101080917 | Idbi Trusteeship Services Limited | ₹13.94 Cr | Open | |
| 27 Sep 2023 | 100800444 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied | |
| 07 Mar 2022 | 100554565 | Others | ₹38 Cr | Satisfied | |
| 03 Sep 2019 | 100294571 | Others | ₹169 Cr | Satisfied | |
| 01 Sep 2018 | 100204909 | Others | ₹195 Cr | Satisfied |
To see the full charge records of Radiance Punjab Renewable Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Radiance Punjab Renewable Private Limited has 1 deal on record (1 acquisition); the latest was in April 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Acquisition | ₹30.03 Cr | Buyer: Azure Power India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Radiance Punjab Renewable Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Punjab State Power Corporation Limited | Pending |
To see the full case history of Radiance Punjab Renewable Private 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
Radiance Punjab Renewable Private Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 77 overdue payments to 5 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 5)
To see the full MSME payment records of Radiance Punjab Renewable Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Radiance Punjab Renewable has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAKCA9187B1ZQ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Radiance Punjab Renewable Private Limited, buy the company report.
Recent activity
Radiance Punjab Renewable Private Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Vishal Jain was appointed as Additional Director on 10 Nov 2025.
19 earlier events are in the company report.
News
Frequently asked questions
Radiance Punjab Renewable is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 May 2012 (14+ years old) and is registered under CIN U40106DL2012PTC236082.
Radiance Punjab Renewable has 2 current directors:
- Sanjay Khosla - Director
- Vishal Jain - Additional Director
The latest financial statements of Radiance Punjab Renewable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Radiance Punjab Renewable is 03AAKCA9187B1ZQ, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Radiance Punjab Renewable is U40106DL2012PTC236082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radiance Punjab Renewable has 1 court case on record: 1 filed against it. 1 is pending.
Radiance Punjab Renewable was incorporated on 18 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Radiance Punjab Renewable has 1 deal on record (1 acquisition); the latest was in April 2015.
Vishal Jain was appointed as Additional Director on 10 Nov 2025. Sanjay Khosla ceased to be Additional Director on 29 Sep 2024. Sanjay Khosla was appointed as Director on 21 Sep 2023. Radiance Punjab Renewable has 13 board changes on record in total.
Radiance Punjab Renewable has 6 MSME Form 1 returns on record between 2020 and 2023, listing 77 overdue payments to 5 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Radiance Punjab Renewable can be reached through the website azurepower.com. Its registered office is in New Delhi, Delhi, India.
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