About Alex Astral Power Private Limited
Data last updated:
Alex Astral Power Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Futuregrow Power Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 October 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65100WB2009PTC139003. Its GSTIN is 19AAICA0255E1ZY (West Bengal). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹23 Cr and a paid-up capital of ₹20.01 Cr. It was led by directors including Nitin Kirti Naygandhi and Sushanto Kumar Paul.
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 was at 2/6 Sarat Bose Road Suite No – 308, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.7 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹24.99 Cr (net margin 40.5%) and EBITDA of ₹48.58 Cr (EBITDA margin 78.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The company was associated with 1 brand: P3 Green. As per MCA filings, the company had open charges of ₹176.04 Cr and satisfied charges of ₹529.25 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹120 Cr; the latest was in March 2017. Its 8 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is Surajkiran Renewable Resources Limited with revenue of ₹62.47 Cr.
The last known website on record is p3green.com.
Company details
CIN history
Alex Astral Power has one previous CIN (Corporate Identification Number): U93090WB2009PTC139003. The current CIN is U65100WB2009PTC139003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100WB2009PTC139003 | Current |
| U93090WB2009PTC139003 | Previous |
Contact details
Alex Astral Power Private Limited's registered office is in Kolkata, West Bengal. Its website is p3green.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2/6 Sarat Bose Road Suite No – 308, Kolkata, West Bengal, India – 700020
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Alex Astral 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
Brands
Alex Astral Power operates one associated brand: P3 Green. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment platform funding companies in sectors like energy and retail in India. | p3green.com |
Business activity
The main business activity of Alex Astral 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 Alex Astral Power Private Limited, buy the company report.
Financials of Alex Astral Power Private Limited
FY 2024 filings availableAlex Astral Power Private Limited reported revenue of ₹61.7 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 17% fall in the latest year. EBITDA fell 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹48.58 Cr | ||||
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| Net Profit (PAT) | ₹24.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.7% | ||||
| Net Profit Margin | 40.5% | ||||
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To see the full financial statements and ratios of Alex Astral Power Private Limited, buy the company report.
Board of directors of Alex Astral Power Private Limited
Alex Astral Power has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kirti Naygandhi Also directs: Ekaagra Ostalaritza Private Limited | Director | 19 Sep 2022 | 4 Years 1 Months | As last reported |
| Sushanto Kumar Paul | Director | 19 Sep 2022 | 4 Years 1 Months | As last reported |
| Pradip Kumar Sureka Also directs: Zamaira Developers LLP, Ajna Urbanbuild Private Limited, Platinum Urbanbuild Private Limited and 1 more | Director | 15 Apr 2024 | 2 Years 6 Months | As last reported |
Peer comparison
Alex Astral Power Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (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 |
|---|---|---|---|---|---|---|
| Surajkiran Renewable Resources Limited | ₹62.47 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Nirosha Power Private Limited | ₹61.92 Cr (FY 2025) | 5.0% | Gurgaon, Haryana, India | |||
| Sei Baskara Power Private Limited | ₹61.8 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Rohan Solar Power Private Limited | ₹61.73 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Alex Astral Power Private Limitedthis company | ₹61.7 Cr (FY 2024) | ₹24.99 Cr | 40.5% | -17.0% | Kolkata, West Bengal, India | |
| Acme Solar Power Technology Private Limited | ₹61.37 Cr (FY 2025) | -2.0% | Gurgaon, Haryana, India | |||
| Clean Max Zeus Private Limited | ₹61.31 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Renew Solar Energy (Rajasthan) Private Limited | ₹61.01 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Azure Power Forty Private Limited | ₹60.92 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Alex Astral Power Private Limited, buy the company report.
Auditor
Alex Astral Power Private Limited is audited by BAS & CO.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAS & CO.LLP | FY 2023 | 323347E |
Shareholding
The shareholding of Alex Astral 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alex Astral Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2018 | 100209357 | Others | ₹176.04 Cr | Satisfied | |
| 31 Mar 2014 | 10516748 | Bank of Baroda | ₹18.71 Cr | Satisfied | |
| 27 Mar 2014 | 10494201 | State Bank of Patiala | ₹2 Cr | Satisfied | |
| 04 Jul 2012 | 10369748 | Aditya Birla Finance Limited | ₹40 Cr | Satisfied | |
| 15 Sep 2011 | 10310729 | Sbicap Trustee Company Limited | ₹280 Cr | Satisfied |
To see the full charge records of Alex Astral Power Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Alex Astral Power Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹120 Cr; the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Futuregrow Power Private Limited , an individual Seller: Carvan Creation Pvt Ltd , Shirdi Commodities Private Limited , Alex Mercury Power Private Limited |
| Sep 2011 | Funding round | ₹120 Cr | Investors: Alex Mercury Power Private Limited , Carvan Creation Pvt Ltd , Alex Energy Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Alex Mercury Power Private Limited , Carvan Creation Pvt Ltd , Alex Energy Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alex Astral Power Private Limited has 12 court cases on record: 7 filed by Alex Astral Power, 5 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 0 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 12)
| 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 |
| High Court, TELANGANA | Appeal | Filed by the company against Indu Projects Limited, and 2 others | Disposed |
| High Court | Company petition | Filed by the company against Aditya Birla Finance Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Petition | Filed against the company by Indu Projects Limited | Disposed |
To see the full case history of Alex Astral 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.
Credit ratings & regulatory alerts
Alex Astral Power Private Limited was last rated by Brickwork on 29 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 29 Jun 2021 |
To see the full credit ratings and regulatory alerts of Alex Astral Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alex Astral Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alex Astral Power has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICA0255E1ZY | West Bengal | Active | 01 Jul 2017 |
| 24AAICA0255E1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alex Astral Power Private Limited, buy the company report.
Recent activity
Alex Astral Power Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Pradip Kumar Sureka was appointed as Director on 15 Apr 2024.
14 earlier events are in the company report.
Frequently asked questions
Alex Astral Power has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Alex Astral Power was a private limited company based in Kolkata, West Bengal, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 23 October 2009 and is registered under CIN U65100WB2009PTC139003. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Alex Astral Power was incorporated on 23 October 2009. It is registered with the Registrar of Companies, Kolkata.
Alex Astral Power had 3 directors:
- Nitin Kirti Naygandhi - Director
- Sushanto Kumar Paul - Director
- Pradip Kumar Sureka - Director
The CIN (Corporate Identification Number) of Alex Astral Power is U65100WB2009PTC139003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Alex Astral Power is at 26 Sarat Bose Road Suite No – 308, Kolkata, West Bengal, India – 700020.
Alex Astral Power can be reached through the website p3green.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Alex Astral Power 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 Alex Astral Power is 19AAICA0255E1ZY, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICA0255E1Z7 (Gujarat).
Alex Astral Power operated in the environment industry, in the solar energy solutions segment.
Alex Astral Power has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹120 Cr; the latest was in March 2017.
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