- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-24-0002890

Vivacity Renewable Energy Private Limited
About Vivacity Renewable Energy Private Limited
Data last updated:
Vivacity Renewable Energy Private Limited is a private limited company based in Nayagarh, Odisha, India, a subsidiary of Pantime Finance Company Private Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 05 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U40106OR2015PTC019036. Its GSTIN is 21AAFCV1842H1ZM (Odisha).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors Ajit Kumar Jha and Pradeep Kumar Dalai.
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 At – Benta Po – Chandapur, Nayagarh, Odisha, India – 752024.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.13 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Cr (net margin -82.7%) and EBITDA of -₹1.44 Cr (EBITDA margin -67.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹6.95 Cr on record.
Vivacity Renewable Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-24-0002890). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Vivacity Renewable Energy
Contact details
Vivacity Renewable Energy Private Limited's registered office is in Nayagarh, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt – Benta Po – Chandapur, Nayagarh, Odisha, India – 752024
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Vivacity Renewable Energy 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 Vivacity Renewable Energy 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 Vivacity Renewable Energy Private Limited, buy the company report.
Financials of Vivacity Renewable Energy Private Limited
FY 2025 filings availableVivacity Renewable Energy Private Limited reported revenue of ₹2.13 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.44 Cr | ||||
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| Net Profit (PAT) | -₹1.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -67.9% | ||||
| Net Profit Margin | -82.7% | ||||
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To see the full financial statements and ratios of Vivacity Renewable Energy Private Limited, buy the company report.
Board of directors of Vivacity Renewable Energy Private Limited
Vivacity Renewable Energy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Jha | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Pradeep Kumar Dalai | Director | 27 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Vivacity Renewable Energy Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Renewable Energy, Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| Av Sun Power Private Limited | ₹2.17 Cr (FY 2024) | 197.0% | Dehradun, Uttarakhand, India | |||
| Sandeeps Energy Private Limited | ₹2.16 Cr (FY 2024) | 24.0% | Udupi, Karnataka, India | |||
| Solace Renewable Energy Private Limited | ₹2.14 Cr (FY 2024) | -72.0% | Kolkata, West Bengal, India | |||
| Vivacity Renewable Energy Private Limitedthis company | ₹2.13 Cr (FY 2024) | -₹1.76 Cr | -82.7% | 39.0% | Nayagarh, Odisha, India | |
| Adani Renewable Energy Holding Two Limited | ₹2.09 Cr (FY 2025) | 82.0% | Ahmedabad, Gujarat, India | |||
| Sukhbir Solar Energy Private Limited | ₹2.09 Cr (FY 2025) | 0.0% | Guru Har Sahai, Punjab, India |
To see the full peer comparison of Vivacity Renewable Energy Private Limited, buy the company report.
Auditor
Vivacity Renewable Energy Private Limited is audited by SOURJYA & BISWAJIT for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOURJYA & BISWAJIT | FY 2019 | 322779E |
Shareholding
The shareholding of Vivacity Renewable Energy Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vivacity Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2015 | 10594776 | Bank of Baroda | ₹6.95 Cr | Satisfied |
To see the full charge records of Vivacity Renewable Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vivacity Renewable Energy 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
No delayed payments to MSME suppliers are on our record for Vivacity Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vivacity Renewable Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCV1842H1ZM | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vivacity Renewable Energy Private Limited, buy the company report.
Recent activity
Vivacity Renewable Energy Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Manish Kumar ceased to be Director on 03 Mar 2025.
1 earlier event is in the company report.
Frequently asked questions
Vivacity Renewable Energy is an active private limited company based in Nayagarh, Odisha, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 05 June 2015 (11+ years old) and is registered under CIN U40106OR2015PTC019036.
Vivacity Renewable Energy has 2 current directors:
- Ajit Kumar Jha - Director
- Pradeep Kumar Dalai - Director
The latest financial statements of Vivacity Renewable Energy 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 FY 2016 are in the company report.
The GSTIN of Vivacity Renewable Energy is 21AAFCV1842H1ZM, registered in Odisha.
The CIN (Corporate Identification Number) of Vivacity Renewable Energy is U40106OR2015PTC019036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vivacity Renewable Energy was incorporated on 05 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Vivacity Renewable Energy by revenue are Av Sun Power Private Limited, Sandeeps Energy Private Limited, Solace Renewable Energy Private Limited, Adani Renewable Energy Holding Two Limited, Sukhbir Solar Energy Private Limited, all in the Power industry (Renewable Energy, Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Manish Kumar ceased to be Director on 03 Mar 2025. Ajit Kumar Jha ceased to be Additional Director on 29 Sep 2023. Ajit Kumar Jha was appointed as Director on 23 Jun 2023. Vivacity Renewable Energy has 7 board changes on record in total.
Yes, Vivacity Renewable Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-24-0002890).
The registered office of Vivacity Renewable Energy is at At – Benta Po – Chandapur, Nayagarh, Odisha, India – 752024.
Vivacity Renewable Energy operates in the energy and power industry, in the power transmission and distribution services segment.

