Raipar Renewable Energy Private Limited - Company overview

Registered with ROC Ahmedabad on 18 November 2015, Sitacre is an active private limited company that has been around for about 10 years.

2015-11-18 Rajkot, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▲ 21.1%
FY 2022
PROFIT / LOSS
Loss · ₹50 Lakh–1 Cr
▲ 92.4%
FY 2022
EBITDA
₹10–25 Cr
▲ 35.6%
FY 2022
NET WORTH
Loss · ₹25–50 Cr
▼ -3.9%
FY 2022
TOTAL ASSETS
₹100–500 Cr
▼ -2.7%
FY 2022
OPEN CHARGES
1
275.84 cr
PAID-UP CAPITAL
28.58 cr
AUTHORISED CAPITAL
30.00 cr
COMPANY AGE
10 Years 11 Months
since 2015-11-18
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-08
ACTIVE GST
2
Updated: 2023-02-26 20:54:38
TOTAL MONEY RAISED
₹25–50 Cr
SATISFIED CHARGES
2
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Sitacre covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
67/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (20), director (95) and company-foundation signals.
  • Operating for 10+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
20/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Sitacre Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Ahmedabad on 18 November 2015, Sitacre is an active private limited company that has been around for about 10 years. Its registered office is at Office No. 608-609, Level-6, Opposite Imperial Heights, Rajkot, Gujarat.

Its filings describe the main line of business as electric power generation, transmission and distribution, which made up 100% of turnover.

It has five directors: Patrick Charignon, Malvinder Singh, Neeraj Gupta and 2 others. The longest-serving is Patrick Charignon, on the board since 2020; the most recent to join is Shekhar Kanchan, appointed in December 2025. Ten former directors are on record; the most recent to leave was Anju Mahajan Singh in August 2023. Between them, the directors also sit on the boards of 30 other companies, including Amreli Renewable Energy Private Limited and Kabini Renewables Private Limited.

Paid-up capital stands at ₹28.58 crore out of ₹30 crore authorised. The last AGM on record was on 8 September 2025, for accounts made up to 31 March 2025. One charge (secured loan) is still open, and two more have been paid off.

Environment ••••••••
  • Location Office No. 608-609, Level-6, Opposite Imperial Heights, Rajkot, Gujarat - 360005
Legal NameRaipar Renewable Energy Private Limited
CIN / LLPINU40109GJ2015PTC085095
Company No.085095
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2015-11-18
Date of AGM2025-09-08
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
Credit RatingBBB (Care)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Sitacre (5) Current board members from MCA filings, including designation and appointment details.

P
Patrick Charignon
Director | Since 2020-03-09 | DIN: 08718330
M
Malvinder Singh
Director | Since 2021-01-29 | DIN: 01258927
N
Neeraj Gupta
Company Secretary | Since 2024-12-27
T
Thomas David Bueno
Additional Director | Since 2025-10-23 | DIN: 10087862
S
Shekhar Kanchan
Additional Director | Since 2025-12-29 | DIN: 02216978

Financial Performance of Sitacre Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹25–50 Cr ▲ 21.1%
P&L Loss · ₹50 Lakh–1 Cr ▲ 92.4%
EBITDA ₹10–25 Cr ▲ 35.6%
Net worth Loss · ₹25–50 Cr ▼ -3.9%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Sitacre Open and satisfied charges registered against the company with MCA.

State Bank Of India : 137.92 cr
Sbicap Trustee Company Limited : 137.92 cr
Others : 101.46 cr
Open Charges: 1 Satisfied Charges: 2
Open 275.84 cr
Satisfied 0
LenderAmountStatus
Others
Creation Date: 26 Sep 2024
 101.46 cr Open
State Bank Of India
Creation Date: 20 Dec 2018
 137.92 cr Closed
Sbicap Trustee Company Limited
Creation Date: 30 Jan 2017
 137.92 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Electricity, gas, steam and air condition supplyElectric power generation, transmission and distribution100

Companies With Common Directors Of Sitacre Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Amreli Renewable Energy Private Limited 3 Shared Directors
Kabini Renewables Private Limited 3 Shared Directors
Lakhapar Renewables Private Limited 3 Shared Directors
Pipartoda Renewable Energy Private Limited 3 Shared Directors
Ratabhe Renewable Energy Private Limited 3 Shared Directors
Sukavala Renewable Energy Private Limited 3 Shared Directors
Bharat Grid Private Limited 2 Shared Directors
Amreli Wind Energy Private Limited 1 Shared Director
Chambery Power Private Limited 1 Shared Director
Devpur Renewables Private Limited 1 Shared Director
Distinguished Consultancy Solutions Private Limited 1 Shared Director
Distinguished Power Solutions Private Limited 1 Shared Director
Dj Jasdan Wind Energy Private Limited 1 Shared Director
Dj Natural Power Private Limited 1 Shared Director
Dj Renewable Solutions Private Limited 1 Shared Director
Edf India Private Limited 1 Shared Director
Fascinating Power Solutions Private Limited 1 Shared Director
Fuhrlander Sitac Energy Private Limited 1 Shared Director
Halvad Renewables Private Limited 1 Shared Director
Jasdan Energy Private Limited 1 Shared Director
Pavani Engineerings And Trading Company Private Limited 1 Shared Director
Rajpur Renewables Private Limited 1 Shared Director
Sitac Jds Renewable Power Private Limited 1 Shared Director
Sitac Private Limited 1 Shared Director
Sitac Project Development Private Limited 1 Shared Director
Sitac Re Private Limited 1 Shared Director
Theolia Sitac Wind Power Private Limited 1 Shared Director
Vanthali Renewables Private Limited 1 Shared Director
Verdant Renewables Private Limited 1 Shared Director
Wyn Renewables Private Limited 1 Shared Director

Financial Ratios of Sitacre Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Sitacre Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Sitacre GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Sitacre Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Sitacre MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Sitacre Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Sitacre Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Sitacre?
MCA does not publish an "owner" field. Sitacre is run by its directors, Patrick Charignon, Malvinder Singh, Neeraj Gupta and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Sitacre?
Sitacre has five current directors: Patrick Charignon (since March 2020), Malvinder Singh (since January 2021), Neeraj Gupta (since December 2024), Thomas David Bueno (since October 2025) and Shekhar Kanchan (since December 2025).
What is CIN of Sitacre?
The CIN of Sitacre is U40109GJ2015PTC085095. Reading it left to right: U means it is not listed, 40109 is the industry code it registered under, GJ is Gujarat, 2015 is the year it was registered, PTC is the company type and 085095 is its registration number.
When was Sitacre incorporated?
Sitacre was incorporated on 18 November 2015 with ROC Ahmedabad. That makes it about 10 years old.
What is the registered address of Sitacre?
The registered office on MCA records is Office No. 608-609, Level-6, Opposite Imperial Heights, Rajkot, Gujarat - 360005.
What is the current status of Sitacre?
MCA shows Sitacre as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Sitacre?
You can post to its registered office at Office No. 608-609, Level-6, Opposite Imperial Heights, Rajkot, Gujarat - 360005.
What industry or business activity is Sitacre associated with?
Its MCA filings list the main business as electric power generation, transmission and distribution (100% of turnover).
What is paid-up capital and authorised share capital of Sitacre?
Paid-up capital is ₹28.58 crore and authorised capital is ₹30 crore, so about 95% of the authorised amount has been issued.
When did Sitacre last file accounts and hold an AGM?
The last AGM on record was on 8 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Sitacre?
One charge against Sitacre is still open and two have been satisfied. Lenders named in the filings include State Bank Of India and Sbicap Trustee Company Limited.
Have any directors left Sitacre?
Yes, ten former directors are on record. The most recent to leave were Anju Mahajan Singh (August 2023), Arjun Singh Puri (September 2021) and Bharat Singh (January 2021).
Which companies share directors with Sitacre?
30 companies share directors with Sitacre. Among them are Amreli Renewable Energy Private Limited, Kabini Renewables Private Limited, Lakhapar Renewables Private Limited and 27 more.
What is the turnover or revenue of Sitacre?
Based on filed financial statements, the revenue of Sitacre for FY 2022 was in the ₹25–50 Cr range. That is up 21.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Sitacre?
For FY 2022, the net worth of Sitacre was negative, in the ₹25–50 Cr range.
How can I get the financial details of Sitacre?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Sitacre - is it listed or unlisted?
Sitacre is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Sitacre?
Sitacre is registered with ROC Ahmedabad.
What is the company classification of Sitacre?
MCA classifies Sitacre as: Private Limited Indian Non-Government Company.
Does Sitacre have GST registrations on file?
Yes, 2 active GST registrations are linked to Sitacre, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.