About Bajaj Energy Private Limited
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Bajaj Energy Private Limited is a private limited company based in Lakhimpur, Uttar Pradesh, India, a subsidiary of Bajaj Power Ventures Private Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 27 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40102UP2008PTC046764. Its GSTIN is 09AADCB4998C1ZH (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2,500 Cr and a paid-up capital of ₹452.93 Cr. It was formerly known as Bajaj Eco-Chem Products Private Limited. It is led by directors including Santosh Balachandran Nayar and Kushagra Shishirkumar Bajaj.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khambarkhera Shardanagar Road, Lakhimpur, Uttar Pradesh, India – 261506.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,201.53 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹124.27 Cr (net margin 10.3%) and EBITDA of ₹227.69 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 498 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bajaj Energy and LPGCL. As per MCA filings, the company has open charges of ₹14,036 Cr and satisfied charges of ₹2,953.17 Cr on record. Court records list 25 cases involving the company, including 16 filed by the company and 9 filed against it; 4 cases are pending. The company has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹679.8 Cr; the latest was in December 2024. Its 7 peer companies in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 5 smaller; the largest is TRN Energy Private Limited with revenue of ₹1,417.51 Cr. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 69 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bajajenergy.com.
Company details
Name history
Bajaj Energy has undergone 2 name changes throughout its history. The company was previously known as Bajaj Energy Private Limited, and Bajaj Eco-Chem Products Private Limited. The current legal name is Bajaj Energy Private Limited.
| Company Name | Status |
|---|---|
| Bajaj Energy Private Limited | Current |
| Bajaj Eco-Chem Products Private Limited | Previous |
CIN history
Bajaj Energy has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40102UP2008PTC046764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102UP2008PTC046764 | Current |
| U24100MH2008PTC184063 | Previous |
| U40102MH2008PTC184063 | Previous |
| U40102UP2008PLC046764 | Previous |
Contact details
Bajaj Energy Private Limited's registered office is in Lakhimpur, Uttar Pradesh.
- Social Media
- Registered AddressKhambarkhera Shardanagar Road, Lakhimpur, Uttar Pradesh, India – 261506
- IndustryEnergy and Power, Thermal Power Generation & Plants
- 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
Brands
Bajaj Energy operates two associated brands: Bajaj Energy and LPGCL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coal thermal power generation and sustainability initiatives in India. | bajajenergy.com | |
| Coal thermal power generation and sustainability efforts in India. | lpgcl.com |
Business activity
The main business activity of Bajaj Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Bajaj Energy Private Limited, buy the company report.
Financials of Bajaj Energy Private Limited
FY 2025 filings availableBajaj Energy Private Limited reported revenue of ₹1,201.53 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 25% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹227.69 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹124.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bajaj Energy Private Limited, buy the company report.
Board of directors and KMP of Bajaj Energy Private Limited
Bajaj Energy Private Limited currently reports 5 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Sharma Also directs: Bajaj Power Ventures Private Limited, Anand Engineering Limited | Company Secretary | 01 Apr 2025 | 1 Years 6 Months | Current |
| Santosh Balachandran Nayar Also directs: Afcons Infrastructure Limited, Authum Investment & Infrastructure Limited, Maadurga Iron and Steel Private Limited and 4 more | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
| Mohit Saxena | Additional Director | 19 Dec 2025 | 0 Years 10 Months | Current |
| Kushagra Shishirkumar Bajaj Also directs: Bajaj Hindusthan Sugar Limited, Lalitpur Power Generation Company Limited, KNB Enterprises LLP and 1 more | Director | 26 Sep 2018 | 8 Years 1 Months | Current |
| Shalu Laxmanraj Bhandari Also directs: Bajaj Hindusthan Sugar Limited, Balu Forge Industries Limited, Lumino Industries Limited and 3 more | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Dhananjay Nilkanth Date Also directs: Softcell Technologies Global Private Limited | Director | 29 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Bajaj Energy Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TRN Energy Private Limited | ₹1,417.51 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Raigarh Energy Generation Limited | ₹1,409.53 Cr (FY 2022) | 82.0% | Ahmedabad, Gujarat, India | |||
| Bajaj Energy Private Limitedthis company | ₹1,201.53 Cr (FY 2025) | ₹124.27 Cr | 10.3% | -1.0% | Lakhimpur, Uttar Pradesh, India | |
| JSW Energy (Utkal) Limited | ₹1,099.92 Cr (FY 2025) | 747.0% | Hyderabad, Telangana, India | |||
| SKS Power Generation (Chhattisgarh) Limited | ₹985.6 Cr (FY 2020) | 89.0% | Mumbai, Maharashtra, India | |||
| Hiranmaye Energy Limited | ₹933.15 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Bokaro Power Supply Company Private Limited | ₹875.62 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Taqa Neyveli Power Company Private Limited | ₹840.56 Cr (FY 2025) | -4.0% | Cuddalore Tn, Tamil Nadu, India |
To see the full peer comparison of Bajaj Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2017 | 100103318 | Idbi Trusteeship Services Limited | ₹1,593 Cr | Open | |
| 20 Feb 2017 | 100079854 | Idbi Trusteeship Services Limited | ₹558.63 Cr | Open | |
| 20 Feb 2017 | 100079884 | Idbi Trusteeship Services Limited | ₹7,609.61 Cr | Open | |
| 20 Feb 2017 | 100079903 | Idbi Trusteeship Services Limited | ₹2,046.97 Cr | Open | |
| 20 Feb 2017 | 100079923 | Idbi Trusteeship Services Limited | ₹183 Cr | Open |
To see the full charge records of Bajaj Energy Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Bajaj Energy Private Limited has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹679.8 Cr; the latest was in December 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Kiritman Power Private Limited Seller: Bajaj Resources Private Limited |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Lalitpur Power Generation Company Limited Seller: Anand Engineering Limited |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Lalitpur Power Generation Company Limited Seller: Anand Engineering Limited |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Anand Engineering Limited Seller: Bajaj Power Ventures Private Limited |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Bajaj Resources Private Limited Seller: Bajaj Power Ventures Private Limited |
To see the full deal history of Bajaj Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bajaj Energy Private Limited has 25 court cases on record: 16 filed by Bajaj Energy, 9 filed against it. 4 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 5 | 1 |
| District courts | 7 | 2 | 2 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Uttar Pradesh Power Corporation Ltd. Managing Director Shakti Bhawan, 14, Ashok Marg , District: . ,Lucknow , Uttar Pradesh and 4 others | Pending |
| District court, Shahjahanpur, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Pilibhit, Uttar Pradesh | Civil suit | Filed by the company against an individual | Pending |
| Allahabad High Court | Court case (FAFOD) | Filed against the company by Bajaj Allianz General Insurance Co.Ltd.Through Manager | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India, Ministry of Power & Ors. | Disposed |
To see the full case history of Bajaj Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bajaj Energy Private Limited was last rated by Care on 05 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jan 2022 |
To see the full credit ratings and regulatory alerts of Bajaj Energy Private Limited, buy the company report.
MSME payment delays
Bajaj Energy Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 69 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vasu Chemicals | |||
| Olaer Hydraulics (India) Private Limited | |||
| DHR Holding India Private Limited | |||
| an individual supplier | |||
| Godavari Enterprises |
To see the full MSME payment records of Bajaj Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Bajaj Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCB4998C1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bajaj Energy Private Limited, buy the company report.
Recent activity
Bajaj Energy Private Limited has 23 board changes on record since 2009: 6 appointments and 17 cessations. The latest: Mohit Saxena was appointed as Additional Director on 19 Dec 2025.
67 earlier events are in the company report.
News
Frequently asked questions
Bajaj Energy is an active private limited company based in Lakhimpur, Uttar Pradesh, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 27 June 2008 (18+ years old) and is registered under CIN U40102UP2008PTC046764.
Bajaj Energy has 6 current directors and KMP:
- Santosh Balachandran Nayar - Director
- Mohit Saxena - Additional Director
- Kushagra Shishirkumar Bajaj - Director
- Shalu Laxmanraj Bhandari - Director
- Dhananjay Nilkanth Date - Director
- Surendra Kumar Sharma - Company Secretary
The latest financial statements of Bajaj Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bajaj Energy is 09AADCB4998C1ZH, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bajaj Energy is U40102UP2008PTC046764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bajaj Energy has 25 court cases on record: 16 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Bajaj Energy was incorporated on 27 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
Bajaj Energy has 14 deals on record (9 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹679.8 Cr; the latest was in December 2024.
The peers of Bajaj Energy by revenue are TRN Energy Private Limited, Raigarh Energy Generation Limited, JSW Energy (Utkal) Limited, SKS Power Generation (Chhattisgarh) Limited, Hiranmaye Energy Limited and 2 more, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Mohit Saxena was appointed as Additional Director on 19 Dec 2025. Tara Sankar Bhattacharya ceased to be Director on 13 Jun 2025. Surendra Kumar Sharma was appointed as Company Secretary on 01 Apr 2025. Bajaj Energy has 23 board changes on record in total.
Bajaj Energy has 2 MSME Form 1 returns on record between 2018 and 2019, listing 69 overdue payments to 13 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Bajaj Energy can be reached through the website bajajenergy.com. Its registered office is in Lakhimpur, Uttar Pradesh, India.
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