About Alectrona Energy Private Limited
Data last updated:
Alectrona Energy Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of M/S Zynergy Solar Projects And Services Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 13 May 2010.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40109TN2010PTC075703. The company has 14 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.72 Cr. It is led by directors including Rohit Rabindranath (Managing Director) and Rajamani Kumaravel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 3rd Floor Block A Bannari Amman Towers No.29 Dr. Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2018, the company reported a revenue of ₹169.51 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.49 Cr (net margin 2.6%) and EBITDA of ₹15.87 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
The company has about 228 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Zynergy Group. As per MCA filings, the company has open charges of ₹73.13 Cr and satisfied charges of ₹31.75 Cr on record. Court records list 70 cases involving the company, including 17 filed by the company and 53 filed against it; 6 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹29.8 Cr; the latest was in March 2016.
The last known website on record is zynergygroup.net.
Company details
Contact details
Alectrona Energy Private Limited's registered office is in Chennai, Tamil Nadu. Its website is zynergygroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Block A Bannari Amman Towers No.29 Dr. Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Alectrona 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
Brands
Alectrona Energy operates one associated brand: Zynergy Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar IPP and EPC services are provided in India. | zynergygroup.net |
Business activity
The main business activity of Alectrona Energy is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Alectrona Energy Private Limited, buy the company report.
Financials of Alectrona Energy Private Limited
FY 2018 filings availableAlectrona Energy Private Limited reported revenue of ₹169.51 Cr (up 2% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 2% growth in the latest year. EBITDA fell 14% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹169.51 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹15.87 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.49 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.4% | |||
| Net Profit Margin | 2.6% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Alectrona Energy Private Limited, buy the company report.
Board of directors of Alectrona Energy Private Limited
Alectrona Energy has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reenanath | Additional Director | 25 Oct 2016 | 9 Years 11 Months | As last reported |
| Rajamani Kumaravel Also directs: Pasunkili Agro Industries Private Limited, Archer Power Products Private Limited, Sun Energy Holdings Private Limited and 1 more | Director | 15 Mar 2012 | 14 Years 7 Months | As last reported |
| Rohit Rabindranath Also directs: Sun Energy Holdings Private Limited, Greatshine Engineering Private Limited, TSR Sun Energy LLP and 3 more | Managing Director | 13 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Alectrona Energy Private Limited is audited by V.A.Muthuraman Associates for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.A.Muthuraman Associates | FY 2018 | 0082266S |
Shareholding
The shareholding of Alectrona Energy Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Alectrona Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2016 | 100071161 | Others | ₹6.25 Cr | Open | |
| 03 Nov 2015 | 10606492 | Union Bank of India (Uk) Limited | ₹26.38 Cr | Open | |
| 07 Jul 2014 | 10508081 | Others | ₹40.5 Cr | Open | |
| 01 Sep 2014 | 10518400 | Indian Bank | ₹4 Cr | Satisfied | |
| 22 Nov 2013 | 10467126 | Reliance Capital Ltd | ₹4.25 Cr | Satisfied |
To see the full charge records of Alectrona Energy Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Alectrona Energy Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹29.8 Cr; the latest was in March 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹13.02 Cr | Investors: Zynergy Solar Projects and Services Private Limited |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Zynergy Solar Projects and Services Private Limited Seller: Archer Power Systems Private Limited , an individual |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Archer Power Systems Private Limited Seller: Greatshine Holdings Private Limited , Sun Energy Holdings Private Limited , Archer Power Products Private Limited , an individual |
| May 2014 | Funding round | ₹12.59 Cr | Investors: Zynergy Solar Projects and Services Private Limited , Greatshine Holdings Private Limited , Archer Power Products Private Limited , an individual |
| Sep 2012 | Funding round | ₹4.19 Cr | Investors: Zynergy Solar Projects and Services Private Limited , Sun Energy Holdings Private Limited , Zynergy Capital Pte Limited |
To see the full deal history of Alectrona Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alectrona Energy Private Limited has 70 court cases on record: 17 filed by Alectrona Energy, 53 filed against it. 6 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 26 | 2 |
| High courts | 24 | 15 | 1 |
| NCLT | 11 | 6 | 0 |
| Supreme Court | 4 | 3 | 0 |
| NCLAT | 3 | 3 | 3 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bareilly, Uttar Pradesh | Criminal case | Filed against the company by Cauvery Aqua Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by M/S Archer Power Systems Pvt Ltd | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Shriram City Union Finance Ltd | Disposed |
| Supreme Court | Court case (4202-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by public sector undertaking) | Filed by the company against Kerala State Electricity Board Ltd. Represented by Its Chief Engineer 9Th Floor, Vydyuthi Bhavanam, Pattom, Thiruvananthapuram - 695001 ,Thiruvananthapuram , Kerala and 2 others | Disposed |
| High Court, Kerala | Appeal | Filed by the company against Kerala State Electricity Board Ltd. | Disposed |
To see the full case history of Alectrona 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
Alectrona Energy Private Limited was last rated by Care on 10 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Jun 2021 |
To see the full credit ratings and regulatory alerts of Alectrona Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alectrona Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Alectrona Energy has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Solar Energy Equipments Technologies Private Limited | U29253TN2012FTC087729 |
To see the full group structure of Alectrona Energy Private Limited, buy the company report.
GST
Alectrona Energy has 14 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Alectrona Energy Private Limited, buy the company report.
Recent activity
Alectrona Energy Private Limited has 17 board changes on record since 2010: 3 appointments and 14 cessations. The latest: Maanik Nath ceased to be Director on 02 Nov 2020.
22 earlier events are in the company report.
Frequently asked questions
Alectrona Energy is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Alectrona Energy is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 13 May 2010 and is registered under CIN U40109TN2010PTC075703. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Alectrona Energy has 3 current directors:
- Rohit Rabindranath - Managing Director
- Reenanath - Additional Director
- Rajamani Kumaravel - Director
The latest financial statements of Alectrona Energy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Alectrona Energy is U40109TN2010PTC075703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alectrona Energy has open charges of ₹73.13 Cr and satisfied charges of ₹31.75 Cr as per latest MCA filings.
Alectrona Energy has 70 court cases on record: 17 filed by the company and 53 filed against it. 6 are pending. Most are in the district courts.
Alectrona Energy was incorporated on 13 May 2010. It is registered with the Registrar of Companies, Chennai.
Alectrona Energy has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹29.8 Cr; the latest was in March 2016.
Maanik Nath ceased to be Director on 02 Nov 2020. Rajamani Kumaravel ceased to be Director on 30 Jun 2018. Rengasamy Sugumaran ceased to be Company Secretary on 14 Aug 2017. Alectrona Energy has 17 board changes on record in total.