Aseen Power Private Limited - energy and power in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2014PTC255891 Incorporated 07 July 2014 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2024
₹38.75 Cr
▲ 2% YoY
Net profit · FY 2024
₹1.33 Cr
Net margin 3.4%
EBITDA · FY 2024
₹3.13 Cr
EBITDA margin 8.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹15.93 Cr
Satisfied ₹7.93 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
91
Provident fund records

About Aseen Power Private Limited

Data last updated:

Aseen Power Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 07 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PTC255891. Its GSTIN is 27AAMCA7525R1ZV (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Vaishali Rajendra Patil and Rajendra Tukaram Patil.

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 Ab/15 Nandanvan Industrial Estate Lbs Marg, Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2024, the company reported a revenue of ₹38.75 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 3.4%) and EBITDA of ₹3.13 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 9% over five years.

The company has about 91 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Aseen Power. As per MCA filings, the company has open charges of ₹15.93 Cr and satisfied charges of ₹7.93 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

Aseen Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0064323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aseenpower.com.

Company details

CIN U74120MH2014PTC255891
Registration Number 255891
Incorporation Date 07 July 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0064323

Recognitions & Rankings of Aseen Power

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0064323

Contact details

Aseen Power Private Limited's registered office is in Thane, Maharashtra. Its website is aseenpower.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ab/15 Nandanvan Industrial Estate Lbs Marg, Thane, Maharashtra, India – 400604
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC

To see the full contact details of Aseen Power Private Limited, buy the company report.

Comprehensive company report
Aseen Power Private Limited - one report that includes everything
  • 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
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Brands

Aseen Power operates one associated brand: Aseen Power. Each brand links to its own profile.

BrandDescriptionWebsite
Provides electrical installation and commissioning for residential, commercial, and industrial electrification projects.aseenpower.com

Business activity

The main business activity of Aseen Power is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities

To see the full business activity and turnover split of Aseen Power Private Limited, buy the company report.

Financials of Aseen Power Private Limited

FY 2024 filings available

Aseen Power Private Limited reported revenue of ₹38.75 Cr (up 2% YoY) for FY 2024.

Revenue · FY 2024
₹38.75 Cr ▲ 2%
Net profit · FY 2024
₹1.33 Cr margin 3.4%
EBITDA · FY 2024
₹3.13 Cr margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 45%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 42%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 2% growth in the latest year. EBITDA fell 4% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.33 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.1%
Net Profit Margin3.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Aseen Power Private Limited, buy the company report.

Board of directors of Aseen Power Private Limited

Aseen Power has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vaishali Rajendra PatilDirector07 Jul 201412 Years 3 MonthsCurrent
Rajendra Tukaram PatilDirector07 Jul 201412 Years 3 MonthsCurrent

Auditor

Aseen Power Private Limited is audited by Inamdar & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Inamdar & AssociatesFY 2023123014

Shareholding

The shareholding of Aseen 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aseen Power Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.93 Cr
Satisfied charges
₹7.93 Cr
Breakdown by lending institutions
Others₹15.93 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jun 2025101115390Others₹13 LakhOpen
18 Jul 2024100951119Others₹2.43 CrOpen
02 Sep 2022100611200Others₹7.75 CrOpen
24 Dec 2021100524690Others₹1.12 CrOpen
12 Feb 2021100431798Others₹1 CrOpen

To see the full charge records of Aseen Power Private Limited, buy the company report.

Total charge records: 8 View all charges

Credit ratings & regulatory alerts

Aseen Power Private Limited was last rated by Crisil on 24 Sep 2020.

Rating agencyRated onRating
Crisil24 Sep 2020

To see the full credit ratings and regulatory alerts of Aseen Power Private Limited, buy the company report.

MSME payment delays

Aseen Power Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 21 overdue payments to 6 micro and small suppliers. 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 (5 of 6)

SupplierAmount dueDue sinceReported on
Kaushal Electro LLP
Eagle Sales Corporation
Chandresh Cables Limited
Zenith Engineering Corporation
Vikram Enterprise

To see the full MSME payment records of Aseen Power Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Aseen Power Private Limited has a workforce of 91 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
91
Active EPFO establishments
1
Employee growth
33.82%

GST

Aseen Power has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAMCA7525R1ZVMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Aseen Power Private Limited, buy the company report.

Recent activity

Aseen Power Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Rajendra Tukaram Patil was appointed as Director on 07 Jul 2014.

Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101115390 was registered on 16 Jun 2025.
AGM
Aseen Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.43 Cr with Charge ID 100951119 was registered on 18 Jul 2024.
Filing
Aseen Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 1.12 Cr registered on 24 Dec 2021 with Charge ID 100524690 was modified on 09 Sep 2022.
Charges
A charge with Others amounted to Rs. 7.75 Cr with Charge ID 100611200 was registered on 02 Sep 2022.
Charges
A charge with Others amounted to Rs. 1.12 Cr with Charge ID 100524690 was registered on 24 Dec 2021.
Charges
A charge with Others of Rs. 3.50 Cr registered on 12 Oct 2020 with Charge ID 100394952 was modified on 15 Dec 2021.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100431798 was registered on 12 Feb 2021.
Charges
A charge registered on 02 Jun 2015 via Charge ID 10576979 with Gopinath Patil Parsik Janata Sahakari Bank Limited was fully satisfied on 22 Oct 2020.
Charges
A charge registered on 21 Apr 2015 via Charge ID 10577175 with Others was fully satisfied on 22 Oct 2020.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100394952 was registered on 12 Oct 2020.

6 earlier events are in the company report.

Frequently asked questions

Aseen Power is an active private limited company based in Thane, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 07 July 2014 (12+ years old) and is registered under CIN U74120MH2014PTC255891.

Aseen Power has 2 current directors:

The latest financial statements of Aseen 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 Aseen Power is 27AAMCA7525R1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Aseen Power is U74120MH2014PTC255891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aseen Power has 3 court cases on record: 3 filed against it.

Aseen Power was incorporated on 07 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Rajendra Tukaram Patil was appointed as Director on 07 Jul 2014. Vaishali Rajendra Patil was appointed as Director on 07 Jul 2014.

Yes, Aseen Power is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0064323).

Aseen Power has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 21 overdue payments to 6 micro and small suppliers. The latest return was filed on 25 Apr 2024.

Aseen Power can be reached through the website aseenpower.com. Its registered office is in Thane, Maharashtra, India.