MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0024955
Rise Renewables Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.95 Cr
▼ 16% YoY
Net loss · FY 2025
₹2.26 Cr
Net margin -115.9%
EBITDA · FY 2025
₹1.22 Cr
EBITDA margin 62.9%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹7.51 Cr
Issued & subscribed
Open charges
₹12.54 Cr
Satisfied ₹85.75 Cr
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Rise Renewables Private Limited
Data last updated:
Rise Renewables 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 05 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2020PTC338620. Its GSTIN is 27AAKCR1241H1ZG (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹7.51 Cr. It is led by directors Mallikarjuna Ukkadala and Urvi Nitesh Shah.
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 611 Synergy Court Off. Ramchandra Lane Kanchpada Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.95 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Cr (net margin -115.9%) and EBITDA of ₹1.22 Cr (EBITDA margin 62.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹12.54 Cr and satisfied charges of ₹85.75 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in July 2020. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 42 overdue payments to 10 micro and small suppliers.
Rise Renewables Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0024955). For more details, the company can be reached via its website radiancerenewables.com.
Company details
CIN U40108MH2020PTC338620
Registration Number 338620
Incorporation Date 05 March 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Radiance Renewables Private Limited
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0024955
Recognitions & Rankings of Rise Renewables
Contact details
Rise Renewables Private Limited's registered office is in Mumbai, Maharashtra. Its website is radiancerenewables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address611 Synergy Court Off. Ramchandra Lane Kanchpada Malad West, Mumbai, Maharashtra, India – 400064
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Rise Renewables Private Limited, buy the company report.
Comprehensive company report
Rise Renewables Private 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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Business activity
The main business activity of Rise Renewables 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 Rise Renewables Private Limited, buy the company report.
Financials of Rise Renewables Private Limited
FY 2025 filings availableRise Renewables Private Limited reported revenue of ₹1.95 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹1.95 Cr ▼ 16%
Net loss · FY 2025
₹2.26 Cr margin -115.9%
EBITDA · FY 2025
₹1.22 Cr margin 62.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 130%
3 years · compounded
▼ 2%
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 130% 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 | ₹1.22 Cr | ||||
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| Net Profit (PAT) | -₹2.26 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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| Profitability | |||||
| EBITDA Margin | 62.9% | ||||
| Net Profit Margin | -115.9% | ||||
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To see the full financial statements and ratios of Rise Renewables Private Limited, buy the company report.
Board of directors of Rise Renewables Private Limited
Rise Renewables has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallikarjuna Ukkadala Also directs: Kushtagi Solar Power Private Limited, Radiance Ka Sunrise One Private Limited, Radiance MH Solar Power Private Limited and 5 more | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Urvi Nitesh Shah | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Rise Renewables 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/W-100022 |
Shareholding
The shareholding of Rise Renewables Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rise Renewables Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.54 Cr
Satisfied charges
₹85.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101080939 | Idbi Trusteeship Services Limited | ₹12.54 Cr | Open | |
| 19 Jan 2022 | 100535083 | Others | ₹60.75 Cr | Satisfied | |
| 30 Mar 2021 | 100439938 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Rise Renewables Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Rise Renewables Private Limited has 1 deal on record (1 acquisition); the latest was in July 2020.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Acquisition | ₹7.5 Cr | Buyer: EverSource Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Rise Renewables 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
Rise Renewables Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 42 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| First Cars Private Limited | |||
| Origin Renewables Private Limited | |||
| an individual supplier | |||
| Boond Engineering and Development Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Rise Renewables Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rise Renewables has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCR1241H1ZG | Maharashtra | Active | 30 Jun 2020 |
To see the full GST registrations and return filing status of Rise Renewables Private Limited, buy the company report.
Recent activity
Rise Renewables Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Mallikarjuna Ukkadala ceased to be Additional Director on 29 Sep 2022.
AGM
Rise Renewables Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge registered on 19 Jan 2022 via Charge ID 100535083 with Others was fully satisfied on 04 Aug 2025.
Filing
Rise Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 12.54 Cr with Charge ID 101080939 was registered on 26 Mar 2025.
Ceased
Mallikarjuna Ukkadala ceased to be Additional Director.
Ceased
Urvi Nitesh Shah ceased to be Additional Director.
Appointed
Mallikarjuna Ukkadala was appointed as Director.
Ceased
Manikkan Sangameswaran ceased to be Director.
Ceased
Prasanna Prakash Desai ceased to be Director.
Appointed
Urvi Nitesh Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 60.75 Cr with Charge ID 100535083 was registered on 19 Jan 2022.
Charges
A charge registered on 30 Mar 2021 via Charge ID 100439938 with Others was fully satisfied on 11 Nov 2021.
3 earlier events are in the company report.
News
Frequently asked questions
Rise Renewables 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 05 March 2020 (6+ years old) and is registered under CIN U40108MH2020PTC338620.
Rise Renewables has 2 current directors:
- Mallikarjuna Ukkadala - Director
- Urvi Nitesh Shah - Director
The latest financial statements of Rise Renewables 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 FY 2020 are in the company report.
The GSTIN of Rise Renewables is 27AAKCR1241H1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rise Renewables is U40108MH2020PTC338620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rise Renewables was incorporated on 05 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Rise Renewables has 1 deal on record (1 acquisition); the latest was in July 2020.
Mallikarjuna Ukkadala ceased to be Additional Director on 29 Sep 2022. Urvi Nitesh Shah ceased to be Additional Director on 29 Sep 2022. Mallikarjuna Ukkadala was appointed as Director on 14 Mar 2022. Rise Renewables has 6 board changes on record in total.
Yes, Rise Renewables is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0024955).
Rise Renewables has 7 MSME Form 1 returns on record between 2021 and 2024, listing 42 overdue payments to 10 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Rise Renewables can be reached through the website radiancerenewables.com. Its registered office is in Mumbai, Maharashtra, India.