Rankini Power Generation Private Limited
About Rankini Power Generation Private Limited
Data last updated:
Rankini Power Generation Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 30 March 1995.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U40100WB1995PTC070451. Its GSTIN is 19AABCR1630B2ZW (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10.62 Lakh. It was formerly known as Rankini Distributors Pvt. Ltd. It is led by directors including Sanjay Gupta (Whole-Time Director) and Divya Dube.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No. 701 7th Floor SIDCO Global Tower Cn 8/2 Sector – V Salt Lake City, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.04 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹69.64 Lakh (net margin -107.1%) and EBITDA of -₹69.32 Lakh (EBITDA margin -106.6%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 31% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹790 Cr on record. Court records list 19 cases involving the company, including 10 filed by the company and 9 filed against it; 11 cases are pending. The company has 7 deals on record (7 secondary share transfers); the latest was in August 2016. Its 4 peer companies in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is Cer Rooftop Private Limited with revenue of ₹65.58 Lakh.
Company details
CIN history
Rankini Power Generation has one previous CIN (Corporate Identification Number): U74140WB1995PTC070451. The current CIN is U40100WB1995PTC070451, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100WB1995PTC070451 | Current |
| U74140WB1995PTC070451 | Previous |
Contact details
Rankini Power Generation Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. 701 7th Floor SIDCO Global Tower Cn 8/2 Sector – V Salt Lake City, Kolkata, West Bengal, India – 700091
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Rankini Power Generation 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 Rankini Power Generation 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 |
Financials of Rankini Power Generation Private Limited
FY 2025 filings availableRankini Power Generation Private Limited reported revenue of ₹65.04 Lakh (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 44% fall in the latest year. EBITDA rose 68% 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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| Total Expenses | |||||
| EBITDA | -₹69.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69.64 Lakh | ||||
| 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 | -106.6% | ||||
| Net Profit Margin | -107.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rankini Power Generation Private Limited, buy the company report.
Board of directors of Rankini Power Generation Private Limited
Rankini Power Generation has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Gupta Also directs: Abhijeet Madc Nagpur Energy Private Limited, Vikriti Power Limited | Whole-Time Director | 23 Mar 2022 | 4 Years 7 Months | As last reported |
| Divya Dube Also directs: Gracion Health Care LLP, Abhijeet Madc Nagpur Energy Private Limited, Vikriti Power Limited and 2 more | Director | 21 Dec 2021 | 4 Years 10 Months | As last reported |
| Bijay Murmuria Also directs: Sumedha Fiscal Services Ltd, Fortune Credit & Real Estates Pvt. Ltd., SFSL Commodity Trading Private Limited and 3 more | Irp/Rp/Liquidator | 29 Jun 2026 | 0 Years 4 Months | As last reported |
Peer comparison
Rankini Power Generation Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Power Projects), 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 |
|---|---|---|---|---|---|---|
| Cer Rooftop Private Limited | ₹65.58 Lakh (FY 2024) | 9.0% | Gurgaon, Haryana, India | |||
| Eps Green Energy Private Limited | ₹65.16 Lakh (FY 2025) | -66.0% | New Delhi, Delhi, India | |||
| Kehan Solarworld Private Limited | ₹65.09 Lakh (FY 2025) | -16.0% | Noida, Uttar Pradesh, India | |||
| Rankini Power Generation Private Limitedthis company | ₹65.04 Lakh (FY 2025) | -₹69.64 Lakh | -107.1% | -44.0% | Kolkata, West Bengal, India | |
| Acetech Energy Project India Private Limited | ₹64.52 Lakh (FY 2025) | -40.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Rankini Power Generation Private Limited, buy the company report.
Auditor
Rankini Power Generation Private Limited is audited by ANIL MALANI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL MALANI & ASSOCIATES | FY 2024 | 329096E |
Shareholding
The shareholding of Rankini Power Generation 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rankini Power Generation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101083153 | Others | ₹100 Cr | Open | |
| 11 Mar 2019 | 100244690 | Others | ₹690 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Rankini Power Generation Private Limited has 7 deals on record (7 secondary share transfers); the latest was in August 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vikram Kasera (HUF), Poushali Distributors Pvt Ltd |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Rankini Power Generation Private 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
Rankini Power Generation Private Limited has 19 court cases on record: 10 filed by Rankini Power Generation, 9 filed against it. 11 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 13 | 6 | 7 |
| District courts | 2 | 2 | 2 |
| NCLT | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against Srei Equipment Finance Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Srei Equipment Finance Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Srei Equipment Finance Limited | Pending |
| District court, North Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed against the company by Srei Equipment Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Pending |
To see the full case history of Rankini Power Generation 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
No delayed payments to MSME suppliers are on our record for Rankini Power Generation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rankini Power Generation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR1630B2ZW | West Bengal | Active | 01 Dec 2020 |
To see the full GST registrations and return filing status of Rankini Power Generation Private Limited, buy the company report.
Recent activity
Rankini Power Generation Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Bijay Murmuria was appointed as Irp/Rp/Liquidator on 29 Jun 2026.
1 earlier event is in the company report.
Frequently asked questions
Rankini Power Generation is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Rankini Power Generation is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 30 March 1995 and is registered under CIN U40100WB1995PTC070451. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rankini Power Generation has 3 current directors:
- Sanjay Gupta - Whole-Time Director
- Divya Dube - Director
- Bijay Murmuria - Irp/Rp/Liquidator
The latest financial statements of Rankini Power Generation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rankini Power Generation is U40100WB1995PTC070451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rankini Power Generation has open charges of ₹790 Cr and no satisfied charges on record as per latest MCA filings.
Rankini Power Generation has 19 court cases on record: 10 filed by the company and 9 filed against it. 11 are pending. Most are in the nclat.
Rankini Power Generation was incorporated on 30 March 1995. It is registered with the Registrar of Companies, Kolkata.
Rankini Power Generation has 7 deals on record (7 secondary share transfers); the latest was in August 2016.
The peers of Rankini Power Generation by revenue are Cer Rooftop Private Limited, Eps Green Energy Private Limited, Kehan Solarworld Private Limited, Acetech Energy Project India Private Limited, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Bijay Murmuria was appointed as Irp/Rp/Liquidator on 29 Jun 2026. Sanjay Dalmia ceased to be Director on 23 Mar 2022. Sanjay Gupta was appointed as Whole-Time Director on 23 Mar 2022. Rankini Power Generation has 8 board changes on record in total.
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