About Ostro Energy
Ostro Energy is an Energy & Utilities company based in Gurugram (India) founded in 2014, and was acquired by ReNew Power in April 2018. Leading energy transition and global green energy transformation, renew power is renewable energy company. Its Indian entity Ostro Mahawind Power Private Limited reported revenue of ₹93.00 Cr. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Rays Power Infra, Amplus Solar and Fourth Partner Energy; 3 of its 3 listed competitors have raised funding.
Company details
Ostro was founded in 2014 and is headquartered in Gurugram, India, within the renewable energy sector. Solar, wind, and rooftop energy solutions form the core of its operations. A renewable asset base of 13.4 GW is maintained to support energy transition initiatives in India. Global green energy transformation is addressed through these activities, with a focus on sustainable power generation.
- Headquarters Gurugram, India
- Stage Acquired
- SectorsEnergy & Utilities
- Website ostroenergy.com
- Acquired by ReNew Power (Apr 2018)
- Legal Name Ostro Mahawind Power Private Limited
- Date of Incorporation 28 Nov, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹93.00 Cr
FY 2025 · -17% YoY
- Net Profit₹26.97 Cr
FY 2025 · 29% margin
- EBITDA₹79.07 Cr
FY 2025 · 85% margin
- Investors
- Acquired byReNew Power
(Apr 2018)
Associated legal entities of Ostro Energy
Ostro Energy operates through Ostro Mahawind Power Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ostro Mahawind Power Private Limited CIN U40105DL2015PTC287899 | Active | 28 Nov 2015 | New Delhi, Delhi | ₹93.0 Cr | 3 | View details |
Investors in Ostro Energy
Ostro Energy has secured backing from 1 investor. Prominent investors backing the company include ReNew Power.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Utility-scale wind and solar energy projects are developed and distributed. | renewpower.in | Gurugram, India |
Investor details for Ostro Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ostro Mahawind Power Private Limited (Ostro Energy)
Ostro Mahawind Power Private Limited is the primary company behind Ostro Energy. The board of Ostro Mahawind Power Private Limited currently have 2 directors; the longest-serving is Chander Mohan Verma, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chander Mohan Verma DIN 07843786 | Managing Director | 28 Mar 2018 | 8 yrs 7 mo | Ostro Mahawind Power Private Limited |
| Surendran Vinod DIN 07643036 | Director | 28 Mar 2018 | 8 yrs 7 mo | Ostro Mahawind Power Private Limited |
Financials of Ostro Energy
Figures of Ostro Mahawind Power Private Limited, the primary company behind Ostro Energy, for FY 2025. Revenue was ₹93.00 Cr (-17% year on year). Net profit was ₹26.97 Cr (29% margin). EBITDA was ₹79.07 Cr (85% margin). Revenue has grown at a compounded annual rate of +7% over three years and +1% over five years.
- ₹93.00 CrRevenue · FY 2025 · -17% YoY
- ₹26.97 CrNet profit · 29% margin
- ₹79.07 CrEBITDA · 85% margin
- ₹47.25 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ostro Mahawind Power Private Limited are on its company page.
Detailed financial statements for Ostro Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ostro Energy
2 dated milestones of Ostro Energy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Ostro Energy is founded.
- Exit Acquired by ReNew Power.
Competitors of Ostro Energy
Ostro Energy has 3 listed competitors in our database, 3 of them funded. They include Rays Power Infra, Amplus Solar and Fourth Partner Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. |
Detailed competitors of Ostro Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Ostro Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ostro Energy
Complete news archive for Ostro Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ostro Energy
Ostro Energy was founded in 2014.
Ostro Energy is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Ostro Energy, Ostro Mahawind Power Private Limited, reported revenue of ₹93.00 Cr for FY 2025, down 17% year on year.
Ostro was founded in 2014 and is headquartered in Gurugram, India, within the renewable energy sector. Solar, wind, and rooftop energy solutions form the core of its operations. A renewable asset base of 13.4 GW is maintained to support energy transition initiatives in India. Global green energy transformation is addressed through these activities, with a focus on sustainable power generation.
Ostro Energy's top competitors include Rays Power Infra, Fourth Partner Energy and Amplus Solar.
Ostro Energy has 1 investor. Key investors include ReNew Power.
Ostro Energy operates through Ostro Mahawind Power Private Limited.
Yes. Ostro Energy was acquired by ReNew Power in April 2018.
The legal entities of Ostro Energy currently have 3 directors, including Chitrangda Vishwakarma, Chander Mohan Verma, Surendran Vinod.