About Ajanta Energy Private Limited
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Ajanta Energy Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 14 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40105GJ2003PTC043184. Its GSTIN is 24AAECA4549D1Z0 (Gujarat).
The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹95 Cr. It is led by directors including Chintan Jaysukhbhai Bhalodia (Managing Director) and Alish Jaysukhlal Bhalodia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 104 1st Floor Sumel – 2 Near Gurudwara S.G. Highway, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.26 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹3.16 Cr and EBITDA of -₹2.37 Lakh (EBITDA margin -4.6%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹45 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oreva.com.
Company details
Contact details
Ajanta Energy Private Limited's registered office is in Ahmedabad, Gujarat. Its website is oreva.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address104 1st Floor Sumel – 2 Near Gurudwara S.G. Highway, Ahmedabad, Gujarat, India – 380051
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Ajanta Energy 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 Ajanta Energy 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 Ajanta Energy Private Limited, buy the company report.
Financials of Ajanta Energy Private Limited
FY 2024 filings availableAjanta Energy Private Limited reported revenue of ₹51.26 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 89% fall in the latest year. EBITDA fell 101% 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 | -₹2.37 Lakh | ||||
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| Net Profit (PAT) | -₹3.16 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 | -4.6% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Ajanta Energy Private Limited, buy the company report.
Board of directors of Ajanta Energy Private Limited
Ajanta Energy has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alish Jaysukhlal Bhalodia | Director | 29 Apr 2013 | 13 Years 6 Months | Current |
| Jaysukhbhai Odhavjibhai Bhalodia Also directs: Ajanta Manufacturing Private Limited, Oreva Energy Private Limited, Ajanta Infra- Projects Limited and 2 more | Director | 14 Nov 2003 | 23 Years 0 Months | Current |
| Aashka Chintan Bhalodia Also directs: Ajanta Manufacturing Private Limited, Oreva Energy Private Limited, Ajanta Infra- Projects Limited and 1 more | Director | 29 Jul 2011 | 15 Years 3 Months | Current |
| Chintan Jaysukhbhai Bhalodia Also directs: Ajanta Manufacturing Private Limited, Oreva Energy Private Limited, Ajanta Infra- Projects Limited and 3 more | Managing Director | 26 Dec 2009 | 16 Years 10 Months | Current |
| Mrudulagauri Jaysukhlal Bhalodia Also directs: Ajanta Manufacturing Private Limited, Oreva Energy Private Limited, Ajanta Infra- Projects Limited and 1 more | Director | 14 Nov 2003 | 23 Years 0 Months | Current |
Peer comparison
Ajanta Energy Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| GRPL Renewables Private Limited | ₹53.68 Lakh (FY 2024) | 5.0% | Raipur, Chhattisgarh, India | |||
| Solawave Developers Private Limited | ₹53.58 Lakh (FY 2025) | 5.0% | Kotdwar, Uttarakhand, India | |||
| Mytrah Vayu (Maansi) Private Limited | ₹51.7 Lakh (FY 2024) | 708.0% | Hyderabad, Telangana, India | |||
| Ajanta Energy Private Limitedthis company | ₹51.26 Lakh (FY 2025) | -₹3.16 Cr | -89.0% | Ahmedabad, Gujarat, India | ||
| Maccoll Infrapower Private Limited | ₹50.29 Lakh (FY 2025) | -61.0% | Lucknow, Uttar Pradesh, India | |||
| Acetech Green Energy Systems Private Limited | ₹48.8 Lakh (FY 2025) | 50.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Ajanta Energy Private Limited, buy the company report.
Auditor
Ajanta Energy Private Limited is audited by RAJESH K TANNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH K TANNA & CO. | FY 2023 | 145722W |
Shareholding
The shareholding of Ajanta Energy 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 Ajanta Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2016 | 100074572 | Others | ₹45 Cr | Satisfied |
To see the full charge records of Ajanta Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ajanta Energy Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchmahal at Godhra, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Panchmahal at Godhra, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Panchmahal at Godhra, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Panchmahal at Godhra, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Panchmahal at Godhra, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ajanta Energy 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.
Credit ratings & regulatory alerts
Ajanta Energy Private Limited was last rated by Care on 17 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Feb 2023 |
To see the full credit ratings and regulatory alerts of Ajanta Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ajanta Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ajanta Energy has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Ajanta Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA4549D1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajanta Energy Private Limited, buy the company report.
Recent activity
Ajanta Energy Private Limited has 10 board changes on record since 2003: 5 appointments and 5 cessations. The latest: Chintan Jaysukhbhai Bhalodia ceased to be Director on 01 Apr 2019.
4 earlier events are in the company report.
Frequently asked questions
Ajanta Energy is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 14 November 2003 (23+ years old) and is registered under CIN U40105GJ2003PTC043184.
Ajanta Energy has 5 current directors:
- Chintan Jaysukhbhai Bhalodia - Managing Director
- Alish Jaysukhlal Bhalodia - Director
- Jaysukhbhai Odhavjibhai Bhalodia - Director
- Aashka Chintan Bhalodia - Director
- Mrudulagauri Jaysukhlal Bhalodia - Director
The latest financial statements of Ajanta Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ajanta Energy is 24AAECA4549D1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Ajanta Energy is U40105GJ2003PTC043184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajanta Energy has 7 court cases on record: 7 filed against it.
Ajanta Energy was incorporated on 14 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ajanta Energy by revenue are GRPL Renewables Private Limited, Solawave Developers Private Limited, Mytrah Vayu (Maansi) Private Limited, Maccoll Infrapower Private Limited, Acetech Green Energy Systems Private Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Chintan Jaysukhbhai Bhalodia ceased to be Director on 01 Apr 2019. Omprakash Thakordas Gulati ceased to be Director on 09 Apr 2018. Alish Jaysukhlal Bhalodia was appointed as Director on 29 Apr 2013. Ajanta Energy has 10 board changes on record in total.
Ajanta Energy can be reached through the website oreva.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ajanta Energy is at 104 1st Floor Sumel – 2 Near Gurudwara S.G. Highway, Ahmedabad, Gujarat, India – 380051.
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