Velcan Renewable Energy Private Limited - Company Profile

It is a environment private limited company based in Bangalore, Karnataka, India, established in 2006.

2006 Bangalore, Karnataka, India Active

Last Updated: February 24, 2026

About Velcan Renewable Energy Private Limited

Velcan Renewable Energy Private Limited, a active private limited company, was established on 31 March 2006 in Bangalore, Karnataka, India. Engaging in hydroelectric power solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40107KA2006PTC038890. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹72.00 Cr and a paid-up capital of ₹38.26 Cr.

It upholds a compliant status. Employing 3 professional, Its leadership includes Ramapura Lakshminarayana Setty Nagaraja Setty (Director), Jean Luc Marie Rivoire (Director), Harokoppa Siddegowda Madhu (Director). Past directors included Ramapura Lakshminarayana Setty Nagaraja Setty, Didier Yves Andre Le Tirant, Chandrasekaran Ananthanarayanan. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at #572,Samruddhinilayaunitno.2,Iifloor,Icrpolicestationrd.Behindgovthighscho, Ol, Hebbal, Bangalore, Karnataka, 560024.

Company Details

CIN/LLPIN
U40107KA2006PTC038890
Registration Number
038890
Incorporation Date
31 March 2006
Authorized Capital
₹72.00 Cr
Paid-Up Capital
₹38.26 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 72.00 Cr as on 24-02-2026
Paid Up Capital ₹ 38.26 Cr as on 24-02-2026
Company Age 19 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -78.68% (FY 2022)
Profit Growth **** -113.43% (FY 2022)
Ebitda **** -92.03% (FY 2022)
Net Worth -0.39% (FY 2022)
Total Assets -0.37% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Velcan Renewable Energy Private 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 Velcan Renewable Energy Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ramapura Lakshminarayana Setty Nagaraja Setty	Director	27 Aug 2010	Current
Jean Luc Marie Rivoire	Director	17 Aug 2020	Current
Harokoppa Siddegowda Madhu	Director	14 Aug 2023	Current
Benoit Serge Maurice Laborie	Director	19 Apr 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2010	Past
Pramod Abcsdd	Director	29 Jan 2008	Past
Pramod Abcsdd	Additional Director	29 Sep 2007	Past
Pramod Abcsdd	Director	19 Apr 2007	Past
Pramod Abcsdd	Additional Director	27 Nov 2020	Past
Pramod Abcsdd	Additional Director	29 Sep 2016	Past

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Financial Performance of Velcan Renewable Energy.

Velcan Renewable Energy Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 78.68% decrease. The company also saw a substantial fall in profitability, with a 113.43% decrease in profit. The company's net worth dipped by a decrease of 0.39%.

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

********

-78.68%

*******

Revenue from Operations

*******

Total Assets

*******

-0.37%

*******

Profit or Loss

*******

-113.43%

*******

Net Worth

*******

-0.39%

*******

EBITDA

*******

-92.03%

*******

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What is the Ownership and Shareholding Structure of Velcan Renewable Energy?

In 2021, Velcan Renewable Energy had a promoter holding of 100.00%. 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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How Many Employees Work at Velcan Renewable Energy?

Velcan Renewable Energy has a workforce of 3 employees as of Apr 03, 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 Velcan Renewable Energy, 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 Velcan Renewable Energy's trajectory.

Rating

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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 Velcan Renewable Energy

Recent Activity within the Organization

Annual General Meeting

The activity Velcan Renewable Energy Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
Balance Sheet

Velcan Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Director Appointment

Harokoppa Siddegowda Madhu was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.
14 Aug 2023
Director Appointment

Jean Luc Marie Rivoire was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 5 years 6 months . was recorded as a recent event.
17 Aug 2020
Director Appointment

Ramapura Lakshminarayana Setty Nagaraja Setty was appointed as a Director was appointed as a Director on 27 Aug 2010 & has been associated with this company since 15 years 6 months . was recorded as a recent event.
27 Aug 2010
Director Appointment

Benoit Serge Maurice Laborie was appointed as a Director was appointed as a Director on 19 Apr 2007 & has been associated with this company since 18 years 10 months . was recorded as a recent event.
19 Apr 2007

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