About Aatash Power Private Limited
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Aatash Power Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 28 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40108GJ2008PTC053412. Its GSTIN is 24AAGCA9227N1ZC (Gujarat).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹5.65 Cr. It is led by directors including Zubin Jinofer Bhujwala (Managing Director) and Jinofer Kavasji Bhujwala.
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 213 Devarc Commercial Complex Nr. Iscon Circle S G Highway., Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.62 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.47 Cr (net margin 52.5%) and EBITDA of ₹5.43 Cr (EBITDA margin 82%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹45 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 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 aatash.com.
Company details
Contact details
Aatash Power Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aatash.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address213 Devarc Commercial Complex Nr. Iscon Circle S G Highway., Ahmedabad, Gujarat, India – 380059
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Aatash Power 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 Aatash Power 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 Aatash Power Private Limited, buy the company report.
Financials of Aatash Power Private Limited
FY 2025 filings availableAatash Power Private Limited reported revenue of ₹6.62 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 3% fall in the latest year. EBITDA fell 8% 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 | ₹5.43 Cr | ||||
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| Net Profit (PAT) | ₹3.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 82% | ||||
| Net Profit Margin | 52.5% | ||||
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To see the full financial statements and ratios of Aatash Power Private Limited, buy the company report.
Board of directors of Aatash Power Private Limited
Aatash Power has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinofer Kavasji Bhujwala Also directs: Aatash Mines and Minerals Private Limited, Aatash Norcontrol Ltd., Aatash Dredging and Consructions Private Limited and 4 more | Director | 28 Mar 2008 | 18 Years 7 Months | Current |
| Zubin Jinofer Bhujwala Also directs: Aatash Mines and Minerals Private Limited, Aatash Norcontrol Ltd., Aatash Dredging and Consructions Private Limited and 3 more | Managing Director | 23 Dec 2011 | 14 Years 10 Months | Current |
| Nazneen Jinofer Bhujwala Also directs: Aatash Mines and Minerals Private Limited, Aatash Norcontrol Ltd., Aatash Dredging and Consructions Private Limited and 3 more | Director | 28 Mar 2008 | 18 Years 7 Months | Current |
Peer comparison
Aatash Power Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Power Projects, Solar Power), 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 |
|---|---|---|---|---|---|---|
| Sidhidata Solar Urja Limited | ₹6.68 Cr (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Rithwik Power Projects Ltd | ₹6.62 Cr (FY 2024) | -68.0% | Khammam, Telangana, India | |||
| Aatash Power Private Limitedthis company | ₹6.62 Cr (FY 2025) | ₹3.47 Cr | 52.5% | -3.0% | 10 | Ahmedabad, Gujarat, India |
| SLB Clean Power Private Limited | ₹6.58 Cr (FY 2025) | -4.0% | Madurai, Tamil Nadu, India | |||
| International Solar Corporation Private Limited | ₹6.58 Cr (FY 2024) | 12.0% | Hyderabad, Telangana, India | |||
| Arun Vidyuth Private Limited | ₹6.56 Cr (FY 2024) | 0.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Aatash Power Private Limited, buy the company report.
Auditor
Aatash Power Private Limited is audited by Apaji Amin & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Apaji Amin & Co. LLP | FY 2023 | 100513W/W100062 |
Shareholding
The shareholding of Aatash Power 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Aatash Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2017 | 100096252 | Hdfc Bank Limited | ₹17 Cr | Satisfied | |
| 07 Sep 2012 | 10377066 | Indian Overseas Bank | ₹28 Cr | Satisfied |
To see the full charge records of Aatash Power Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aatash Power Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Moser Baer Energy Development Ltd(Now Porbandar Solar Power Ltd) Through Its Authorised Signatory Manish Verma Through Its Authorised Signatory Manish Verma 235, Okhla Industrial Estate, Phase III, New Delhi , District: New Delhi ,New Delhi , Delhi | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Gujarat Urja Vikas Nigam Limited General Manager (Com) General Manager (Com) Sardar Patel Vidyut Bhavan, Race Course , District: Vadodara ,Vadodara , Gujarat | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Hi-Tech Pipes Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Ms Hi-Tech Pipes Limited | Disposed |
To see the full case history of Aatash Power 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
Aatash Power Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Aatash Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aatash Power Private Limited has a workforce of 10 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Aatash Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA9227N1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aatash Power Private Limited, buy the company report.
Recent activity
Aatash Power Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Zubin Jinofer Bhujwala ceased to be Director on 01 Jan 2015.
Frequently asked questions
Aatash Power is an active private limited company based in Ahmedabad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 28 March 2008 (18+ years old) and is registered under CIN U40108GJ2008PTC053412.
Aatash Power has 3 current directors:
- Zubin Jinofer Bhujwala - Managing Director
- Jinofer Kavasji Bhujwala - Director
- Nazneen Jinofer Bhujwala - Director
The latest financial statements of Aatash Power 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 Aatash Power is 24AAGCA9227N1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Aatash Power is U40108GJ2008PTC053412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aatash Power has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Aatash Power was incorporated on 28 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aatash Power by revenue are Sidhidata Solar Urja Limited, Rithwik Power Projects Ltd, SLB Clean Power Private Limited, International Solar Corporation Private Limited, Arun Vidyuth Private Limited, all in the Infrastructure industry (Power Projects, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Zubin Jinofer Bhujwala ceased to be Director on 01 Jan 2015. Zubin Jinofer Bhujwala was appointed as Managing Director on 23 Dec 2011. Jinofer Kavasji Bhujwala was appointed as Director on 28 Mar 2008. Aatash Power has 4 board changes on record in total.
Aatash Power has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 18 Dec 2023.
Aatash Power can be reached through the website aatash.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Aatash Power is at 213 Devarc Commercial Complex Nr. Iscon Circle S G Highway., Ahmedabad, Gujarat, India – 380059.
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