Altair Power Private Limited - Company Profile

It is a manufacturing private limited company based in Delhi, Delhi, India, established in 2013.
2013 Delhi, Delhi, India Active
Last Updated:
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About Altair Power Private Limited

Altair Power Private Limited, a active private limited company, was established on 11 February 2013 in Delhi, Delhi, India. Engaging in power cables within the manufacturing sector, it holds CIN: U31300DL2013PTC248160. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.47 Cr.

It upholds a compliant status. Its leadership includes Bhavesh Jain (Director), Rashi Garg (Additional Director). Past directors included Sandeep Jain. It holds ₹17.38 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 71, Rajasthani Udyog Nagar Gtk Road, Delhi, Delhi, 110033.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31300DL2013PTC248160

  • Registration Number

    248160

  • Incorporation Date

    11 February 2013

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.47 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 13 Year, 5 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 17.38 Cr
  • Revenue Growth **** -31.15%
  • Profit Growth **** -41.86%
  • Ebitda **** 12.45%
  • Net Worth 4.85%
  • Total Assets -10.41%
Company report

Altair Power Private Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Altair Power Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Altair Power Private Limited?
Current Directors
Name Designation Appointment Date Status
Bhavesh Jain Director 11 Feb 2013 Current
Rashi Garg Additional Director 01 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Dec 2024 Past

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Financial Performance of Altair Power.

Altair Power Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.15% decrease. The company also saw a substantial fall in profitability, with a 41.86% decrease in profit. The company's net worth moved up by a moderate rise of 4.85%.

Altair Power revenue growth over time
Altair Power profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -31.15%
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*******
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Revenue from Operations
*******
 -31.17%
*******
*******
*******
*******
Total Assets
*******
 -10.41%
*******
*******
*******
*******
Profit or Loss
*******
 -41.86%
*******
*******
*******
*******
Net Worth
*******
 4.85%
*******
*******
*******
*******
EBITDA
*******
 12.45%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Altair Power?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹173,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 17.38 Cr
Latest Charge Details
Date Lender Amount Status
01 Oct 2013 State Bank Of India ₹17.38 Cr Open

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How Many Employees Work at Altair Power?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Altair Power
Recent Activity within the Organization
  • Annual General Meeting

    Altair Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Altair Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was completed.

  • Charges

    The activity A charge with State Bank Of India of Rs. 17.38 Cr registered on 01 Oct 2013 with Charge ID 10453451 was modified on 27 Dec 2024. was completed.

  • Director Appointment

    Progress on Rashi Garg was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 17.38 Cr with Charge ID 10453451 was registered on 01 Oct 2013. was documented.

  • Director Appointment

    The activity Bhavesh Jain was appointed as a Director was appointed as a Director on 11 Feb 2013 & has been associated with this company since 13 years 5 days . was completed.

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Frequently Asked Questions
What is the CIN of Altair Power Private Limited?

The CIN of Altair Power Private Limited is U31300DL2013PTC248160.

Where is Altair Power Private Limited headquartered?

Altair Power Private Limited is headquartered at 71, Rajasthani Udyog Nagar Gtk Road, Delhi, Delhi, 110033.

When was Altair Power Private Limited incorporated?

Altair Power Private Limited was incorporated on 11 February 2013.

Who are the current directors of Altair Power Private Limited?

The current directors of Altair Power Private Limited are

What is the primary industry of Altair Power Private Limited?

The primary industry of Altair Power Private Limited is Manufacturing.

Is Altair Power Private Limited a listed company?

Altair Power Private Limited is unlisted.

What is the capital structure of Altair Power Private Limited?

The authorized capital of Altair Power Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.47 Cr.

What is the compliance status of Altair Power Private Limited?

The compliance status of Altair Power Private Limited is Compliant.

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