Rfe Electric Private Limited
About Rfe Electric Private Limited
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Rfe Electric Private Limited is a private limited company based in Mumbai, Maharashtra, 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 17 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2017PTC415536. Its GSTIN is 29AAICR4136M1ZV (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jigar Jajal and Santosh Bhimrao Pawar.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.99 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹82.09 Lakh (net margin -41.4%) and EBITDA of ₹1.01 Cr (EBITDA margin 51.1%). Revenue has grown at a compounded annual rate (CAGR) of 357% over five years.
As per MCA filings, the company has satisfied charges of ₹170 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rfe Electric has one previous CIN (Corporate Identification Number): U40300RJ2017PTC058575. The current CIN is U40300MH2017PTC415536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2017PTC415536 | Current |
| U40300RJ2017PTC058575 | Previous |
Contact details
Rfe Electric Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address611 Synergy Court Off., Ramchandra Lane Kanchpada, Mumbai, Maharashtra, India – 400064
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Rfe Electric 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 Rfe Electric 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 Rfe Electric Private Limited, buy the company report.
Financials of Rfe Electric Private Limited
FY 2025 filings availableRfe Electric Private Limited reported revenue of ₹1.99 Cr (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 357%. EBITDA fell 91% 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 | ₹1.01 Cr | ||||
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| Net Profit (PAT) | -₹82.09 Lakh | ||||
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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 | 51.1% | ||||
| Net Profit Margin | -41.4% | ||||
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To see the full financial statements and ratios of Rfe Electric Private Limited, buy the company report.
Board of directors of Rfe Electric Private Limited
Rfe Electric has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Jajal | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
| Santosh Bhimrao Pawar Also directs: Voltalia Energy Private Limited, Radiance TN Ic Sun Energy Private Limited, Radiance MH Sunshine Three Private Limited and 5 more | Director | 31 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Rfe Electric Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (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 |
|---|---|---|---|---|---|---|
| Ampin C&I Private Limited | ₹1.99 Cr (FY 2025) | -70.0% | New Delhi, Delhi, India | |||
| Rfe Electric Private Limitedthis company | ₹1.99 Cr (FY 2025) | -₹82.09 Lakh | -41.4% | -88.0% | Mumbai, Maharashtra, India | |
| Gardenia Technologies Private Limited | ₹1.98 Cr (FY 2025) | 4.0% | Udaipur, Rajasthan, India | |||
| Sangam Rooftop Solar Private Limited | ₹1.98 Cr (FY 2023) | -26.0% | Mumbai, Maharashtra, India | |||
| Taiyung Energy Private Limited | ₹1.98 Cr (FY 2025) | 14.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Rfe Electric Private Limited, buy the company report.
Auditor
Rfe Electric Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W |
Shareholding
The shareholding of Rfe Electric 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 Rfe Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2023 | 100797884 | Others | ₹70 Cr | Satisfied | |
| 09 May 2023 | 100723120 | Others | ₹50 Cr | Satisfied | |
| 23 Feb 2022 | 100550084 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Rfe Electric Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Rfe Electric Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Rfe Electric Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 10 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Mundhra Rathi & Associates |
To see the full MSME payment records of Rfe Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rfe Electric has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR4136M1ZV | Karnataka | Active | 10 Jul 2020 |
To see the full GST registrations and return filing status of Rfe Electric Private Limited, buy the company report.
Recent activity
Rfe Electric Private Limited has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Jigar Jajal ceased to be Additional Director on 26 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Rfe Electric is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 17 July 2017 (9+ years old) and is registered under CIN U40300MH2017PTC415536.
Rfe Electric has 2 current directors:
- Jigar Jajal - Director
- Santosh Bhimrao Pawar - Director
The latest financial statements of Rfe Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Rfe Electric is 29AAICR4136M1ZV, registered in Karnataka. 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 Rfe Electric is U40300MH2017PTC415536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rfe Electric was incorporated on 17 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rfe Electric by revenue are Ampin C&I Private Limited, Gardenia Technologies Private Limited, Sangam Rooftop Solar Private Limited, Taiyung Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Jigar Jajal ceased to be Additional Director on 26 Sep 2024. Jigar Jajal was appointed as Director on 10 Jun 2024. Aswin Dev ceased to be Additional Director on 18 Sep 2023. Rfe Electric has 9 board changes on record in total.
Rfe Electric has 5 MSME Form 1 returns on record between 2021 and 2024, listing 10 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Apr 2024.
The registered office of Rfe Electric is at 611 Synergy Court Off., Ramchandra Lane Kanchpada, Mumbai, Maharashtra, India – 400064.
Rfe Electric operates in the environment industry, in the solar energy solutions segment.
Rfe Electric has no open charges and satisfied charges of ₹170 Cr as per latest MCA filings.
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