About Ge Power Conversion India Private Limited
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Ge Power Conversion India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Ge Energy Power Conversion International Sas, France. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U34300TN2007PTC081587. Its GSTIN is 33AADCC1026E2ZF (Tamil Nadu). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.24 Cr. It was formerly known as Converteam India Private Limited. It is led by directors Balakrishnan Nagarajan (Whole-Time Director) and Ramasamy Balamurugan (Whole-Time Director).
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,250.59 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹195.08 Cr (net margin 6%) and EBITDA of ₹329.94 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 67% over five years.
The company has about 629 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GE Power Conversion. Court records list 35 cases involving the company, including 19 filed by the company and 16 filed against it; 2 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in November 2020. The company has 24 MSME Form 1 returns on record between 2019 and 2024, listing 5,439 overdue payments to 292 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gepowerconversion.com.
Company details
CIN history
Ge Power Conversion India has one previous CIN (Corporate Identification Number): U34300HR2007PTC036976. The current CIN is U34300TN2007PTC081587, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300TN2007PTC081587 | Current |
| U34300HR2007PTC036976 | Previous |
Contact details
Ge Power Conversion India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is gepowerconversion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRamnath Towers Plot No.29(Sp) 2nd Floor Thiru VI Ka Industrial Estate Ekkatuthan, Gal Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Ge Power Conversion India 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
Brands
Ge Power Conversion India operates one associated brand: GE Power Conversion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers electrification solutions for marine, oil, gas, and power sectors globally. | gepowerconversion.com |
Business activity
The main business activities of Ge Power Conversion India are manufacturing, trade and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, wholesale trading and architecture, engineering activities, technical testing and analysis activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Ge Power Conversion India Private Limited, buy the company report.
Financials of Ge Power Conversion India Private Limited
FY 2025 filings availableGe Power Conversion India Private Limited reported revenue of ₹3,250.59 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 53% growth in the latest year. EBITDA rose 70% 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 | ₹329.94 Cr | ||||
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| Net Profit (PAT) | ₹195.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Ge Power Conversion India Private Limited, buy the company report.
Board of directors and KMP of Ge Power Conversion India Private Limited
Ge Power Conversion India Private Limited currently reports 2 directors and 1 key managerial person. 23 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Nagarajan | Whole-Time Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Sneha Sharma | Company Secretary | 23 Sep 2024 | 2 Years 1 Months | Current |
| Ramasamy Balamurugan | Whole-Time Director | 30 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Ge Power Conversion India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2022 | Firm’s Registration No. 008072S |
Shareholding
The shareholding of Ge Power Conversion India Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ge Power Conversion India Private Limited, buy the company report.
Deals & funding
Ge Power Conversion India Private Limited has 2 deals on record (2 rights issues); the latest was in November 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Rights issue | ₹451.99 Cr | Investors: Ge Energy Power Conversion International Sas, an individual |
| Sep 2016 | Rights issue | ₹23.49 Cr | Investors: Ge Energy Power Conversion International Sas, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ge Power Conversion India Private Limited has 35 court cases on record: 19 filed by Ge Power Conversion India, 16 filed against it. 2 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 6 | 2 |
| NCLT | 8 | 4 | 0 |
| District courts | 5 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMEX) | Filed by the company against Marine Electricals India Limited | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Marine Electricals India Limited | Pending |
| High Court | Court case (CARBP) | Filed by the company against Marine Electricals India Ltd. | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Ecoren Energy India Private Limited | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Ecoren Energy India Private Limited | Disposed |
To see the full case history of Ge Power Conversion India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ge Power Conversion India Private Limited has 24 MSME Form 1 returns on record between 2019 and 2024, listing 5,439 overdue payments to 292 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 292)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Foodswing Enterprises | |||
| Yesgt Travels (India) Private Limited | |||
| an individual supplier | |||
| Sahney Kirkwood Private Limited | |||
| Swan Electric Engineering Company Private Limited |
To see the full MSME payment records of Ge Power Conversion India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ge Power Conversion India Private Limited has a workforce of 629 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Ge Power Conversion India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCC1026E2ZF | Tamil Nadu | Active | 01 Jul 2017 |
| 06AADCC1026E1ZD | Haryana | Active | 01 Jul 2017 |
| 19AADCC1026E1Z6 | West Bengal | Active | 01 Jul 2017 |
| 29AADCC1026E1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ge Power Conversion India Private Limited, buy the company report.
Recent activity
Ge Power Conversion India Private Limited has 25 board changes on record since 2007: 3 appointments and 22 cessations. The latest: Ramasamy Balamurugan was appointed as Whole-Time Director on 30 Sep 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Ge Power Conversion India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 June 2007 (19+ years old) and is registered under CIN U34300TN2007PTC081587.
Ge Power Conversion India has 3 current directors and KMP:
- Balakrishnan Nagarajan - Whole-Time Director
- Ramasamy Balamurugan - Whole-Time Director
- Sneha Sharma - Company Secretary
The latest financial statements of Ge Power Conversion India 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 2015 are in the company report.
The GSTIN of Ge Power Conversion India is 33AADCC1026E2ZF, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 06AADCC1026E1ZD (Haryana), 19AADCC1026E1Z6 (West Bengal), 29AADCC1026E1Z5 (Karnataka).
The CIN (Corporate Identification Number) of Ge Power Conversion India is U34300TN2007PTC081587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ge Power Conversion India has 35 court cases on record: 19 filed by the company and 16 filed against it. 2 are pending. Most are in the high courts.
Ge Power Conversion India was incorporated on 25 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Ge Power Conversion India has 2 deals on record (2 rights issues); the latest was in November 2020.
Ramasamy Balamurugan was appointed as Whole-Time Director on 30 Sep 2025. Ramasamy Balamurugan ceased to be Additional Director on 20 Dec 2024. Sneha Sharma was appointed as Company Secretary on 23 Sep 2024. Ge Power Conversion India has 25 board changes on record in total.
Ge Power Conversion India has 24 MSME Form 1 returns on record between 2019 and 2024, listing 5,439 overdue payments to 292 micro and small suppliers. The latest return was filed on 01 May 2024.
Ge Power Conversion India can be reached through the website gepowerconversion.com. Its registered office is in Chennai, Tamil Nadu, India.
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