- #748 Chirag Nakrani & family ₹4,200 Cr

Better Power Projects Private Limited
About Better Power Projects Private Limited
Data last updated:
Better Power Projects Private Limited is a private limited company based in Surat, Gujarat, India. It was incorporated on 24 November 2023.
Its director Chirag Nakrani and family are #748 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U43222GJ2023PTC146471.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chirag Nakrani Devchandbhai and Devchandbhai Kalubhai Nakrani.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.2 Lakh. For the same year it recorded a net loss of ₹11.7 Lakh (net margin -365.6%) and EBITDA of -₹2.5 Lakh (EBITDA margin -78.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Better Power Projects
Contact details
Better Power Projects Private Limited's registered office is in Surat, Gujarat.
- Registered AddressOffice No. 1106 Millenium Business Hub, Opp. Deep Kamal Mall Sarthana Jakatnaka, Surat, Gujarat, India – 395006
- 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
Financials of Better Power Projects Private Limited
FY 2025 filings availableBetter Power Projects Private Limited reported revenue of ₹3.2 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
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| Total Expenses | ||
| EBITDA | -₹2.5 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹11.7 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -78.1% | |
| Net Profit Margin | -365.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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To see the full financial statements and ratios of Better Power Projects Private Limited, buy the company report.
Board of directors of Better Power Projects Private Limited
Better Power Projects has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Nakrani Devchandbhai | Director | 31 May 2025 | 1 Years 5 Months | Current |
| Devchandbhai Kalubhai Nakrani Also directs: Rayzon Solar Limited, Rayzon Energy Private Limited, Better Power Project Three Private Limited and 1 more | Director | 31 May 2025 | 1 Years 5 Months | Current |
| Ashokbhai Manjibhai Kothiya | Director | 31 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Better Power Projects Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Power Projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P-Square Solar Energy Private Limited | ₹3.27 Lakh (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Aag Solutions Private Limited | ₹3.23 Lakh (FY 2025) | -96.0% | Manali, Tamil Nadu, India | |||
| M-Gen Power Systems Private Limited | ₹3.23 Lakh (FY 2024) | 176.0% | Madurai, Tamil Nadu, India | |||
| Eternal Techvalley Private Limited | ₹3.21 Lakh (FY 2025) | Ernakulam, Kerala, India | ||||
| Annova India Electronic Private Limited | ₹3.21 Lakh (FY 2025) | -88.0% | Pune, Maharashtra, India | |||
| Better Power Projects Private Limitedthis company | ₹3.2 Lakh (FY 2025) | -₹11.7 Lakh | -365.6% | Surat, Gujarat, India | ||
| Smroyal Antiques Private Limited | ₹3.19 Lakh (FY 2019) | -68.0% | Kolkata, West Bengal, India | |||
| Kelbuzz Trading Private Limited | ₹3.19 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Empower Electronics Limited | ₹3.19 Lakh (FY 2022) | New Delhi, Delhi, India | ||||
| Naurang Enterprises Private Limited | ₹3.19 Lakh (FY 2024) | -89.0% | Ghaziabad, Uttar Pradesh, India | |||
| Lagniappe Solutions Private Limited | ₹3.19 Lakh (FY 2017) | Kolkata, West Bengal, India |
To see the full peer comparison of Better Power Projects Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Better Power Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Better Power Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Better Power Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Better Power Projects Private Limited has 6 board changes on record since 2023: 4 appointments and 2 cessations. The latest: Darshil Bharatbhai Gondaliya ceased to be Director on 24 Jun 2025.
Frequently asked questions
Better Power Projects is an active private limited company based in Surat, Gujarat, India. It was incorporated on 24 November 2023 (3+ years old) and is registered under CIN U43222GJ2023PTC146471.
Better Power Projects has 3 current directors:
- Chirag Nakrani Devchandbhai - Director
- Devchandbhai Kalubhai Nakrani - Director
- Ashokbhai Manjibhai Kothiya - Director
The latest financial statements of Better Power Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Better Power Projects is U43222GJ2023PTC146471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Power Projects was incorporated on 24 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Better Power Projects by revenue are P-Square Solar Energy Private Limited, Aag Solutions Private Limited, M-Gen Power Systems Private Limited, Eternal Techvalley Private Limited, Annova India Electronic Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Power Projects).
Darshil Bharatbhai Gondaliya ceased to be Director on 24 Jun 2025. Gaurav Dhirubhai Nakarani ceased to be Director on 24 Jun 2025. Ashokbhai Manjibhai Kothiya was appointed as Director on 31 May 2025. Better Power Projects has 6 board changes on record in total.
The registered office of Better Power Projects is at Office No. 1106 Millenium Business Hub, Opp. Deep Kamal Mall Sarthana Jakatnaka, Surat, Gujarat, India – 395006.
The compliance status of Better Power Projects is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
Better Power Projects can be reached at its registered office: Office No. 1106 Millenium Business Hub, Opp. Deep Kamal Mall Sarthana Jakatnaka, Surat, Gujarat, India – 395006.
Better Power Projects is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.

