Velcan Renewable Energy Private Limited - Company overview

Velcan was incorporated on 31 March 2006 and is registered with ROC Bangalore.

2006-03-31 Bangalore, Karnataka Active Unlisted Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–50 Lakh
▼ -78.7%
FY 2022
PROFIT / LOSS
Loss · ₹1–10 Lakh
▼ -113.4%
FY 2022
EBITDA
Loss · ₹10–50 Lakh
▼ -92.0%
FY 2022
NET WORTH
₹10–25 Cr
▼ -0.4%
FY 2022
TOTAL ASSETS
₹10–25 Cr
▼ -0.4%
FY 2022
EMPLOYEE COUNT
1–10
OPEN CHARGES
-
-
PAID-UP CAPITAL
38.26 cr
AUTHORISED CAPITAL
72.00 cr
COMPANY AGE
20 Years 6 Months
since 2006-03-31
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
ACTIVE GST
-
TOTAL MONEY RAISED
₹25–50 Cr
SATISFIED CHARGES
-
-

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

Health scores for Velcan 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 Low risk
76/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (40), director (95) and company-foundation signals.
  • Operating for 20+ years.
Compliance Score Low risk
88/100
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
40/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 4 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 Velcan Company identity, industry, contact, and registration details from MCA and company records.

Velcan was incorporated on 31 March 2006 and is registered with ROC Bangalore. It is an active private limited company, now about 20 years old. Its registered office is in Bangalore, Karnataka.

Its filings describe the main line of business as electric power generation, transmission and distribution.

It has four directors: Ramapura Lakshminarayana Setty Nagaraja Setty, Jean Luc Marie Rivoire, Harokoppa Siddegowda Madhu and Benoit Serge Maurice Laborie. The longest-serving is Benoit Serge Maurice Laborie, on the board since 2007; the most recent to join is Harokoppa Siddegowda Madhu, appointed in August 2023. Ten former directors are on record; the most recent to leave was Noraishah Binte Mohamed Sulaimi in September 2016. Between them, the directors also sit on the boards of 6 other companies, including Heo Hydro Power Private Limited and Pauk Hydro Power Private Limited.

Paid-up capital stands at ₹38.26 crore out of ₹72 crore authorised. The last AGM on record was on 29 September 2025, for accounts made up to 31 March 2025. No charges (secured loans) are registered against it.

Environment ••••••••
  • Location #572,Samruddhinilayaunitno.2,Iifloor,Icrpolicestationrd.Behindgovthighscho, Bangalore, Karnataka - 560024
  • Website velcan.lu
Legal NameVelcan Renewable Energy Private Limited
CIN / LLPINU40107KA2006PTC038890
Company No.038890
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2006-03-31
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Velcan (4) Current board members from MCA filings, including designation and appointment details.

R
Ramapura Lakshminarayana Setty Nagaraja Setty
Director | Since 2010-08-27 | DIN: 03256486
J
Jean Luc Marie Rivoire
Director | Since 2020-08-17 | DIN: 06403232
H
Harokoppa Siddegowda Madhu
Director | Since 2023-08-14 | DIN: 09242872
B
Benoit Serge Maurice Laborie
Director | Since 2007-04-19 | DIN: 01455085

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

Estimated bands · FY 2022
Revenue ₹10–50 Lakh ▼ -78.7%
P&L Loss · ₹1–10 Lakh ▼ -113.4%
EBITDA Loss · ₹10–50 Lakh ▼ -92.0%
Net worth ₹10–25 Cr ▼ -0.4%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

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

Activity GroupDescriptionTurnover %
Electricity, gas, steam and air condition supplyElectric power generation, transmission and distribution0

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

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

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

6 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

Employees and EPFO Compliance at Velcan EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

Employee and EPFO history require an active report plan.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Velcan 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

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Velcan 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

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Velcan Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Velcan?
MCA does not publish an "owner" field. Velcan is run by its directors, Ramapura Lakshminarayana Setty Nagaraja Setty, Jean Luc Marie Rivoire, Harokoppa Siddegowda Madhu and one other. 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 Velcan?
Velcan has four current directors: Ramapura Lakshminarayana Setty Nagaraja Setty (since August 2010), Jean Luc Marie Rivoire (since August 2020), Harokoppa Siddegowda Madhu (since August 2023) and Benoit Serge Maurice Laborie (since April 2007).
What is CIN of Velcan?
The CIN of Velcan is U40107KA2006PTC038890. Reading it left to right: U means it is not listed, 40107 is the industry code it registered under, KA is Karnataka, 2006 is the year it was registered, PTC is the company type and 038890 is its registration number.
When was Velcan incorporated?
Velcan was incorporated on 31 March 2006 with ROC Bangalore. That makes it about 20 years old.
What is the registered address of Velcan?
The registered office on MCA records is #572, Samruddhinilayaunitno.2, Iifloor, Icrpolicestationrd.Behindgovthighscho, Bangalore, Karnataka - 560024.
What is the current status of Velcan?
MCA shows Velcan as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Velcan?
You can post to its registered office at #572, Samruddhinilayaunitno.2, Iifloor, Icrpolicestationrd.Behindgovthighscho, Bangalore, Karnataka - 560024 and use its website, https://velcan.lu.
What industry or business activity is Velcan associated with?
Its MCA filings list the main business as electric power generation, transmission and distribution.
What is paid-up capital and authorised share capital of Velcan?
Paid-up capital is ₹38.26 crore and authorised capital is ₹72 crore, so about 53% of the authorised amount has been issued.
When did Velcan last file accounts and hold an AGM?
The last AGM on record was on 29 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Velcan?
MCA shows no charges registered against Velcan, so no assets are pledged for a registered secured loan.
Have any directors left Velcan?
Yes, ten former directors are on record. The most recent to leave were Noraishah Binte Mohamed Sulaimi (September 2016), Nigel Timothy Hartridge (April 2016) and Cyril Jean Dominique Thoumyre (September 2009).
Which companies share directors with Velcan?
6 companies share directors with Velcan. Among them are Heo Hydro Power Private Limited, Pauk Hydro Power Private Limited, Siyota Hydro Power Private Limited and 3 more.
What is the turnover or revenue of Velcan?
Based on filed financial statements, the revenue of Velcan for FY 2022 was in the ₹10–50 Lakh range. That is down 78.7% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Velcan?
For FY 2022, the net worth of Velcan was in the ₹10–25 Cr range.
How can I get the financial details of Velcan?
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.
What is the official website of Velcan?
The website on record for Velcan is https://velcan.lu.
Which company owns velcan.lu?
velcan.lu is the website listed for Velcan Renewable Energy Private Limited in its company records.
Velcan - is it listed or unlisted?
Velcan 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 Velcan?
Velcan is registered with ROC Bangalore.
What is the company classification of Velcan?
MCA classifies Velcan as: Private Limited Indian Non-Government Company.

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.