About Madhya Pradesh Urja Vikas Nigam Ltd
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Madhya Pradesh Urja Vikas Nigam Ltd is a private limited state government company based in Bhopal, Madhya Pradesh, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 25 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40101MP1982SGC002033. Its GSTIN is 23AABCM1097M1ZD (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹68.92 Lakh. It is led by directors including Amanbir Singh Bains (Managing Director) and Rakesh Shukla.
Its last annual general meeting (AGM) was held on 22 December 2025, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Urja Bhawan Main Road No.2 Near 5 Non Stop, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2022, the company reported a revenue of ₹79.49 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹6.31 Cr (net margin 7.9%) and EBITDA of ₹18.02 Cr (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 26% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
Court records list 63 cases involving the company, including 14 filed by the company and 49 filed against it; 25 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mprenewable.nic.in.
Company details
CIN history
Madhya Pradesh Urja Vikas Nigam has one previous CIN (Corporate Identification Number): L40101MP1982SGC002033. The current CIN is U40101MP1982SGC002033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101MP1982SGC002033 | Current |
| L40101MP1982SGC002033 | Previous |
Contact details
Madhya Pradesh Urja Vikas Nigam Ltd's registered office is in Bhopal, Madhya Pradesh. Its website is mprenewable.nic.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUrja Bhawan Main Road No.2 Near 5 Non Stop, Bhopal, Madhya Pradesh, India – 462016
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Madhya Pradesh Urja Vikas Nigam Ltd, 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 activities of Madhya Pradesh Urja Vikas Nigam are trade and support service to organizations. In detail, this covers retail trading and office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Madhya Pradesh Urja Vikas Nigam Ltd, buy the company report.
Financials of Madhya Pradesh Urja Vikas Nigam Ltd
FY 2022 filings availableMadhya Pradesh Urja Vikas Nigam Ltd reported revenue of ₹79.49 Cr (down 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 6% 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
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| EBITDA | ₹18.02 Cr | ||||
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| Net Profit (PAT) | ₹6.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Madhya Pradesh Urja Vikas Nigam Ltd, buy the company report.
Board of directors of Madhya Pradesh Urja Vikas Nigam Ltd
Madhya Pradesh Urja Vikas Nigam has 5 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Paliwal | Nominee Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Rajeev Ranjan Meena Also directs: MP Amrl (Morga) Coal Company Limited, MP Amrl (Semaria) Coal Company Limited, MP Amrl (Bicharpur) Coal Company Limited and 5 more | Nominee Director | 06 Aug 2024 | 2 Years 3 Months | Current |
| Amanbir Singh Bains Also directs: Rewa Ultra Mega Solar Limited, M.P.Windfarms Limited | Managing Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Manu Srivastava | Nominee Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Rakesh Shukla | Director | 12 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Madhya Pradesh Urja Vikas Nigam Ltd is audited by DEEPAK GOYAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK GOYAL & ASSOCIATES | FY 2019 | 006749C |
Shareholding
The shareholding of Madhya Pradesh Urja Vikas Nigam Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Madhya Pradesh Urja Vikas Nigam Ltd, buy the company report.
Legal cases
Madhya Pradesh Urja Vikas Nigam Ltd has 63 court cases on record: 14 filed by Madhya Pradesh Urja Vikas Nigam, 49 filed against it. 25 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 42 | 14 |
| District courts | 12 | 6 | 10 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed by the company against Ms Hridhaan Engineering Pvt. Ltd. and Ms Integrated Batteries Inda Pvt. Ltd. and 1 other | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed against the company by Pragat Akshay Urja Limited Through Director | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (EX AB) | Filed against the company by M/S Pragat Akshay Urja Limited Through Authorised Signatory Prakash Jain | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed by the company against M/S Pragat Akshay Urja Limited Through Authorised Signatory Prakash Jain | Pending |
| High Court of Madhya Pradesh | Court case (RP) | Filed against the company by M/S Mittal Plastomet Limited Through Managing Director Dinesh Kumar Mittal | Disposed |
To see the full case history of Madhya Pradesh Urja Vikas Nigam Ltd, 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
No delayed payments to MSME suppliers are on our record for Madhya Pradesh Urja Vikas Nigam Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Madhya Pradesh Urja Vikas Nigam has 2 joint ventures. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
Employees & EPFO
Madhya Pradesh Urja Vikas Nigam Ltd has a workforce of 130 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Madhya Pradesh Urja Vikas Nigam has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM1097M1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AABCM1097M1DM | Madhya Pradesh | Active | 22 Oct 2018 |
To see the full GST registrations and return filing status of Madhya Pradesh Urja Vikas Nigam Ltd, buy the company report.
Recent activity
Madhya Pradesh Urja Vikas Nigam Ltd has 46 board changes on record since 2008: 5 appointments and 41 cessations. The latest: Rakesh Shukla was appointed as Director on 12 Sep 2024.
37 earlier events are in the company report.
Frequently asked questions
Madhya Pradesh Urja Vikas Nigam is an active private limited state government company based in Bhopal, Madhya Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 25 August 1982 (44+ years old) and is registered under CIN U40101MP1982SGC002033.
Madhya Pradesh Urja Vikas Nigam has 5 current directors:
- Amanbir Singh Bains - Managing Director
- Priyanka Paliwal - Nominee Director
- Rajeev Ranjan Meena - Nominee Director
- Manu Srivastava - Nominee Director
- Rakesh Shukla - Director
The latest financial statements of Madhya Pradesh Urja Vikas Nigam on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 22 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhya Pradesh Urja Vikas Nigam is 23AABCM1097M1ZD, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AABCM1097M1DM (Madhya Pradesh).
The CIN (Corporate Identification Number) of Madhya Pradesh Urja Vikas Nigam is U40101MP1982SGC002033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhya Pradesh Urja Vikas Nigam has 63 court cases on record: 14 filed by the company and 49 filed against it. 25 are pending. Most are in the high courts.
Madhya Pradesh Urja Vikas Nigam was incorporated on 25 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Gwalior.
Rakesh Shukla was appointed as Director on 12 Sep 2024. Rajeev Ranjan Meena was appointed as Nominee Director on 06 Aug 2024. Priyanka Paliwal was appointed as Nominee Director on 15 Mar 2024. Madhya Pradesh Urja Vikas Nigam has 46 board changes on record in total.
Madhya Pradesh Urja Vikas Nigam can be reached through the website mprenewable.nic.in. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Madhya Pradesh Urja Vikas Nigam is at Urja Bhawan Main Road No.2 Near 5 Non Stop, Bhopal, Madhya Pradesh, India – 462016.
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