Azure Power Mercury Private Limited - Company Profile

It is a environment private limited company based in New Delhi, Delhi, India, established in 2014.

2014 New Delhi, Delhi, India Active

Last Updated: January 11, 2026

About Azure Power Mercury Private Limited

Azure Power Mercury Private Limited, a active private limited company, was established on 10 December 2014 in New Delhi, Delhi, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100DL2014PTC273986. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.64 M.

It upholds a compliant status. Its leadership includes Jigar Jajal (Director), Vishal Jain (Additional Director). Past directors included Mahesh Shivappa Arali, Rajani Kumar Chinnari, Preet Mohindersingh Sandhu. It holds ₹6.31 Cr open charges and ₹266.50 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at Prius Platinum, Unit No. 4, 5Th Floor, Wing No B, D3 P3B, District Centre, New Delhi, Delhi, 110017.

Company Details

CIN/LLPIN
U40100DL2014PTC273986
Registration Number
273986
Incorporation Date
10 December 2014
Authorized Capital
₹5.00 M
Paid-Up Capital
₹4.64 M
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 M as on 11-01-2026
Paid Up Capital ₹ 4.64 M as on 11-01-2026
Company Age 11 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 6.31 Cr as on 11-01-2026
Satisfied Charges ₹ 266.50 Cr as on 11-01-2026
Revenue Growth **** -46.92% (FY 2023)
Profit Growth **** 56.95% (FY 2023)
Ebitda **** 73.42% (FY 2023)
Net Worth 23.47% (FY 2023)
Total Assets **** 3.77% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Azure Power Mercury 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 Azure Power Mercury Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jigar Jajal	Director	16 Sep 2024	Current
Vishal Jain	Additional Director	10 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Sep 2024	Past
Pramod Abcsdd	Additional Director	26 Sep 2023	Past
Pramod Abcsdd	Director	-	Past
Pramod Abcsdd	Director	11 Mar 2020	Past
Pramod Abcsdd	Director	03 Dec 2020	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past

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Financial Performance of Azure Power Mercury.

Azure Power Mercury Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.92% decrease. The company also saw a substantial improvement in profitability, with a 56.95% increase in profit. The company's net worth Soared by an impressive increase of 23.47%.

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

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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

********

-46.92%

*******

Revenue from Operations

*******

-23.92%

*******

Total Assets

*******

3.77%

*******

Profit or Loss

*******

56.95%

*******

Net Worth

*******

23.47%

*******

EBITDA

*******

73.42%

*******

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What is the Ownership and Shareholding Structure of Azure Power Mercury?

In 2023, Azure Power Mercury had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹63,100,000.00

Satisfied Charges

₹2,665,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 6.31 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Mar 2025	Idbi Trusteeship Services Limited	₹6.31 Cr	Open
27 Dec 2019	Others	₹5.00 M	Satisfied
11 Jul 2018	Others	₹250.00 Cr	Satisfied
21 Nov 2017	Others	₹16.00 Cr	Satisfied

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How Many Employees Work at Azure Power Mercury?

Unlock and access historical data on people associated with Azure Power Mercury, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Azure Power Mercury, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Azure Power Mercury's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Azure Power Mercury

Recent Activity within the Organization

Director Appointment

Progress on Vishal Jain was appointed as a Additional Director was appointed as a Additional Director on 10 Nov 2025 & has been associated with this company since 3 months 12 days . was documented.
10 Nov 2025
Annual General Meeting

The activity Azure Power Mercury Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was completed.
23 Sep 2025
Charges

Progress on A charge registered on 27 Dec 2019 via Charge ID 100322797 with Others was fully satisfied on 26 May 2025. was documented.
26 May 2025
Balance Sheet

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

The activity A charge with Idbi Trusteeship Services Limited amounted to Rs. 63.10 M with Charge ID 101080947 was registered on 26 Mar 2025. was completed.
26 Mar 2025
Director Appointment

The activity Jigar Jajal was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.
16 Sep 2024

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