Rajasthan Renewable Energy Corporation Limited - Company Profile

It is a energy and power public limited state government company based in Jaipur, Rajasthan, India, established in 1995.

1995 Jaipur, Rajasthan, India Active

Last Updated: February 07, 2026

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About Rajasthan Renewable Energy Corporation Limited

Rajasthan Renewable Energy Corporation Limited, a active public limited state government company, was established on 06 April 1995 in Jaipur, Rajasthan, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40101RJ1995SGC009847. Registered under ROC Roc Jaipur. it is unlisted. It has an authorized capital of ₹16.00 Cr and a paid-up capital of ₹12.94 Cr.

It upholds a compliant status. Employing 13 professional, Its leadership includes Rohit Gupta (Managing Director), Ashok Kumar Sharma (Nominee Director), Sourabh Swami (Nominee Director). Past directors included Tanmay Kumar, Neel Kamal Darbari, Abhay Kumar. It holds no open charges and ₹234.03 Cr settled loans. Its latest AGM occurred on 24 December 2024, with the balance sheet filed on 31 March 2024. It is based at E-166, Yudhishter Marg, C-Scheme, Jaipur, Rajasthan, 302001.

Company Details

CIN/LLPIN
U40101RJ1995SGC009847
Registration Number
009847
Incorporation Date
06 April 1995
Authorized Capital
₹16.00 Cr
Paid-Up Capital
₹12.94 Cr
ROC Code
Roc Jaipur
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 16.00 Cr as on 07-02-2026
Paid Up Capital ₹ 12.94 Cr as on 07-02-2026
Company Age 30 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 234.03 Cr as on 07-02-2026
Revenue Growth **** 7.29% (FY 2023)
Profit Growth **** 4.73% (FY 2023)
Ebitda **** -3.97% (FY 2023)
Net Worth 10.62% (FY 2023)
Total Assets **** 17.64% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Rajasthan Renewable Energy Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rajasthan Renewable Energy Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rohit Gupta	Managing Director	26 Jun 2025	Current
Ashok Kumar Sharma	Nominee Director	03 Sep 2025	Current
Sourabh Swami	Nominee Director	11 Nov 2025	Current
Tina Soni	Nominee Director	02 Dec 2025	Current
Kailash Chandra Kumawat	Nominee Director	08 Dec 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	19 Dec 2018	Past
Pramod Abcsdd	Director	16 May 2007	Past
Pramod Abcsdd	Nominee Director	13 Apr 2012	Past
Pramod Abcsdd	Nominee Director	12 Jan 2024	Past
Pramod Abcsdd	Managing Director	19 Apr 2008	Past
Pramod Abcsdd	Managing Director	26 Jun 2025	Past

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Financial Performance of Rajasthan Renewable Energy Corporation.

Rajasthan Renewable Energy Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.29% increase. The company also saw a slight improvement in profitability, with a 4.73% increase in profit. The company's net worth Soared by an impressive increase of 10.62%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

7.29%

*******

Revenue from Operations

*******

2.78%

*******

Total Assets

*******

17.64%

*******

Profit or Loss

*******

4.73%

*******

Net Worth

*******

10.62%

*******

EBITDA

*******

-3.97%

*******

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What is the Ownership and Shareholding Structure of Rajasthan Renewable Energy Corporation?

In 2023, Rajasthan Renewable Energy Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,340,300,000.00

Charges Breakdown by Lending Institutions

Power Finance Corporation Ltd. : 177.80 Cr
The Bank Of Rajasthan Ltd. : 29.75 Cr
Oriental Bank Of Commerce : 16.00 Cr
Dena Bank : 6.00 Cr
Indian Renewable Energy Development Agency Ltd. : 2.48 Cr
Others : 2.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Jul 2010	Oriental Bank Of Commerce	₹16.00 Cr	Satisfied
18 Mar 2006	The Bank Of Rajasthan Ltd.	₹29.75 Cr	Satisfied
14 Jun 2004	Power Finance Corporation Ltd.	₹88.90 Cr	Satisfied
13 May 2004	Power Finance Corporation Ltd.	₹88.90 Cr	Satisfied
13 Feb 2004	Dena Bank	₹6.00 Cr	Satisfied

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How Many Employees Work at Rajasthan Renewable Energy Corporation?

Rajasthan Renewable Energy Corporation has a workforce of 13 employees as of Oct 15, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Rajasthan Renewable Energy Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rajasthan Renewable Energy Corporation's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rajasthan Renewable Energy Corporation

Recent Activity within the Organization

Director Appointment

Sushil Sharma was appointed as a Cfo was appointed as a Cfo on 12 Jan 2026 & has been associated with this company since 1 month 17 days . was recorded as a recent event.
12 Jan 2026
Director Appointment

Kailash Chandra Kumawat was appointed as a Nominee Director was appointed as a Nominee Director on 08 Dec 2025 & has been associated with this company since 2 months 24 days . was recorded as a recent event.
08 Dec 2025
Director Appointment

Progress on Tina Soni was appointed as a Nominee Director was appointed as a Nominee Director on 02 Dec 2025 & has been associated with this company since 2 months 30 days . was documented.
02 Dec 2025
Director Appointment

The activity Sourabh Swami was appointed as a Nominee Director was appointed as a Nominee Director on 11 Nov 2025 & has been associated with this company since 3 months 20 days . was completed.
11 Nov 2025
Director Appointment

Ashok Kumar Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 03 Sep 2025 & has been associated with this company since 5 months 28 days . was recorded as a recent event.
03 Sep 2025
Annual General Meeting

The activity Rajasthan Renewable Energy Corporation Limited last Annual general meeting of members was held on 24 Dec 2024 as per latest MCA records. was completed.
24 Dec 2024

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