Aspire Power Projects Private Limited
About Aspire Power Projects Private Limited
Data last updated:
Aspire Power Projects Private Limited is a private limited company based in Ranchi, Jharkhand, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 12 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U40108DL2004PTC125750. Its GSTIN is 20AAECA7445G1Z1 (Jharkhand).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.75 Lakh. It is led by directors including Vinay Vibhakar (Whole-Time Director) and Siddhi Nath Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 97/D Near Holy Cross School Bardman Compound Lalpur, Ranchi, Jharkhand, India – 834001.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.35 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹31,516 (net margin 0%) and EBITDA of ₹61.56 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 27% over five years.
The company has about 105 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.98 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address97/D Near Holy Cross School Bardman Compound Lalpur, Ranchi, Jharkhand, India – 834001
- IndustryEngineering, Industrial Maintenance & Repair Services
- 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
- One PDF report, delivered after checkout
Business Activity of Aspire Power Projects Private Limited
The main business activities of Aspire Power Projects are professional, scientific and technical activities and manufacturing. In detail, this covers architectural and engineering activities; technical testing and analysis and manufacture of electrical equipment. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis | Locked |
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aspire Power Projects Private Limited FY 2025 filings available
Aspire Power Projects Private Limited reported revenue of ₹6.35 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aspire Power Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 18% growth in the latest year. EBITDA rose 7% 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 of Aspire Power Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹61.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31,516 | •••• | •••• | •••• | •••• |
| 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 of Aspire Power Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aspire Power Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aspire Power Projects Private Limited
Aspire Power Projects Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Power Projects, Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bit Tul Private Limited | ₹6.38 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Bangalore, Karnataka, India |
| Ripl Components Private Limited | ₹6.38 Cr (FY 2024) | •••• | •••• | 171.0% | •••• | Kolkata, West Bengal, India |
| Metaloft Industries Private Limited | ₹6.37 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Alwar, Rajasthan, India |
| Synectics Tooling Private Limited | ₹6.37 Cr (FY 2024) | •••• | •••• | 255.0% | •••• | Pune, Maharashtra, India |
| Aep Products India Private Limited | ₹6.36 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Belgaum, Karnataka, India |
| Aspire Power Projects Private Limited this company | ₹6.35 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Ranchi, Jharkhand, India |
| Futuretech Engineering Private Limited | ₹6.35 Cr (FY 2021) | •••• | •••• | -28.0% | •••• | Bangalore, Karnataka, India |
| Aditya Birla Power Company Limited | ₹6.34 Cr (FY 2018) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Indofix International Private Limited | ₹6.32 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Topview Infratech India Private Limited | ₹6.31 Cr (FY 2021) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
| Vinit Performance Polymers Pvt Ltd | ₹6.31 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aspire Power Projects by revenue in the Machinery and Equipment industry (Power Projects, Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aspire Power Projects Private Limited
Aspire Power Projects Private Limited is audited by SINHA & GHELANI for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINHA & GHELANI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aspire Power Projects Private Limited
Aspire Power Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhi Nath Singh | Director | 12 Apr 2004 | 22 Years 5 Months | Current |
| Vipul Vidyakar | Director | 15 Jan 2006 | 20 Years 8 Months | Current |
| Vinay Vibhakar | Whole-Time Director | 04 Jan 2013 | 13 Years 9 Months | Current |
Ownership and Shareholding of Aspire Power Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aspire Power Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2022 | Canara Bank | ₹1.21 Cr | Open |
| 06 Aug 2022 | Canara Bank | ₹50 Lakh | Open |
| 31 Oct 2019 | Canara Bank | ₹16.2 Lakh | Open |
| 03 May 2010 | Canara Bank Tharpakhna Ranchi | ₹10 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Aspire Power Projects Private Limited
Aspire Power Projects Private Limited has a workforce of 105 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aspire Power Projects Private Limited
Aspire Power Projects Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Vinay Vibhakar was appointed as Whole-Time Director on 04 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Aspire Power Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aspire Power Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aspire Power Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aspire Power Projects Private Limited
Aspire Power Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAECA7445G1Z1 | Jharkhand | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aspire Power Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aspire Power Projects Private Limited
Aspire Power Projects is an active private limited company based in Ranchi, Jharkhand, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 12 April 2004 (22+ years old) and is registered under CIN U40108DL2004PTC125750.
Aspire Power Projects reported revenue of ₹6.35 Cr for FY 2024 (up 18% YoY).
Aspire Power Projects has 3 current directors:
- Vinay Vibhakar - Whole-Time Director
- Siddhi Nath Singh - Director
- Vipul Vidyakar - Director
Aspire Power Projects reported a net profit of ₹31,516 (net margin 0%) and EBITDA of ₹61.56 Lakh (EBITDA margin 9.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aspire Power Projects is 51% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aspire Power Projects is 20AAECA7445G1Z1, registered in Jharkhand.
The CIN (Corporate Identification Number) of Aspire Power Projects is U40108DL2004PTC125750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Power Projects was incorporated on 12 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Aspire Power Projects by revenue are Bit Tul Private Limited, Ripl Components Private Limited, Metaloft Industries Private Limited, Synectics Tooling Private Limited, Aep Products India Private Limited and 5 more, all in the Machinery and Equipment industry (Power Projects, Tools and Components).
Vinay Vibhakar was appointed as Whole-Time Director on 04 Jan 2013. Vipul Vidyakar was appointed as Director on 15 Jan 2006. Siddhi Nath Singh was appointed as Director on 12 Apr 2004.
The registered office of Aspire Power Projects is at 97D Near Holy Cross School Bardman Compound Lalpur, Ranchi, Jharkhand, India – 834001.