Corrtech Energy Limited - Company Profile

It is a energy and power public limited company based in Ahmedabad, Gujarat, India, established in 2000.
2000 Ahmedabad, Gujarat, India Active
Last Updated:
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About Corrtech Energy Limited

Corrtech Energy Limited, a active public limited company, was established on 02 May 2000 in Ahmedabad, Gujarat, India. Engaging in bop & btg services within the construction sector, it holds CIN: U52330GJ2000PLC037925. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹18.12 Cr.

Formerly known as Iec International Limited, Mjb India Gas Turbine Services Limited. It upholds a compliant status. Employing 387 professional, Its leadership includes Prashant Sandeep Mittal (Managing Director), Amit Indrasen Mittal (Whole-Time Director), Vimal Maganbhai Patel (Director). Past directors included Prakash R Udeshi, Amit Indrasen Mittal, Sanjay Verma. It holds ₹59.82 Cr open charges and ₹554.16 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shed No 7, Survey No 407, Sp-3, New Ahmedabad Industrial Estate, Near Sarvodaya Hotel,, Changodar, Ahmedabad, Gujarat, 382213.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U52330GJ2000PLC037925

  • Registration Number

    037925

  • Incorporation Date

    02 May 2000

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹18.12 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 18.12 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 59.82 Cr
  • Satisfied Charges ₹ 554.16 Cr
  • Revenue Growth **** -2.39%
  • Profit Growth **** 32.18%
  • Ebitda **** -67.65%
  • Net Worth 8.16%
  • Total Assets **** 16.06%
Company report

Corrtech Energy Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Corrtech Energy 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 Corrtech Energy Limited?
Current Directors
Name Designation Appointment Date Status
Prashant Sandeep Mittal Managing Director 28 Feb 2025 Current
Amit Indrasen Mittal Whole-Time Director 02 May 2000 Current
Vimal Maganbhai Patel Director 14 Mar 2022 Current
Kavita Amitbhai Mittal Director 02 May 2000 Current
Vinod Bhoorchand Jain Cfo 14 Jul 2025 Current
Sandeep Indrasen Mittal Managing Director 01 Apr 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Sep 2022 Past
Pramod Abcsdd Director 14 Mar 2022 Past
Pramod Abcsdd Director 01 Apr 2025 Past
Pramod Abcsdd Director 14 Mar 2022 Past
Pramod Abcsdd Managing Director 13 Mar 2022 Past

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Financial Performance of Corrtech Energy.

Corrtech Energy Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 2.39% decrease. The company also saw a substantial improvement in profitability, with a 32.18% increase in profit. The company's net worth moved up by a moderate rise of 8.16%.

Corrtech Energy revenue growth over time
Corrtech Energy profit and loss trends over time
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
  • 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
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 -2.39%
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*******
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Revenue from Operations
*******
 -7.36%
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*******
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Total Assets
*******
 16.06%
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*******
*******
*******
Profit or Loss
*******
 32.18%
*******
*******
*******
*******
Net Worth
*******
 8.16%
*******
*******
*******
*******
EBITDA
*******
 -67.65%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Corrtech Energy?

In 2023, Corrtech Energy had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹598,248,783.00

Satisfied Charges

₹5,541,583,415.00

Charges Breakdown by Lending Institutions
  • Others : 53.46 Cr
  • Sidbi : 3.79 Cr
  • Axis Bank Limited : 2.40 Cr
  • Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
Date Lender Amount Status
15 Oct 2025 Others ₹15.00 Cr Open
01 Oct 2025 Sidbi ₹3.79 Cr Open
25 Jul 2025 Axis Bank Limited ₹2.80 M Open
03 Mar 2025 Axis Bank Limited ₹1.35 Cr Open
01 Mar 2025 Axis Bank Limited ₹7.70 M Open

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How Many Employees Work at Corrtech Energy?

Corrtech Energy has a workforce of 387 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Corrtech Energy, 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 Corrtech Energy's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Corrtech Energy
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101175636 was registered on 15 Oct 2025. was completed.

  • Charges

    A charge with Sidbi amounted to Rs. 3.79 Cr with Charge ID 101164226 was registered on 01 Oct 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 31 Dec 2008 via Charge ID 10138804 with Axis Bank Limited was fully satisfied on 29 Jul 2025. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 101128567 was registered on 25 Jul 2025. was recorded as a recent event.

  • Director Appointment

    Progress on Vinod Bhoorchand Jain was appointed as a CFO was appointed as a CFO on 14 Jul 2025 & has been associated with this company since 7 months 8 days . was documented.

  • Charges

    The activity A charge registered on 21 Jan 2022 via Charge ID 100545589 with Others was fully satisfied on 04 Jul 2025. was completed.

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Frequently Asked Questions
What is the CIN of Corrtech Energy Limited?

The CIN of Corrtech Energy Limited is U52330GJ2000PLC037925.

Where is Corrtech Energy Limited headquartered?

Corrtech Energy Limited is headquartered at Shed No 7, Survey No 407, Sp-3, New Ahmedabad Industrial Estate, Near Sarvodaya Hotel,, Changodar, Ahmedabad, Gujarat, 382213.

When was Corrtech Energy Limited incorporated?

Corrtech Energy Limited was incorporated on 02 May 2000.

Who are the current directors of Corrtech Energy Limited?

The current directors of Corrtech Energy Limited are

What is the primary industry of Corrtech Energy Limited?

The primary industry of Corrtech Energy Limited is Construction.

Is Corrtech Energy Limited a listed company?

Corrtech Energy Limited is unlisted.

What is the capital structure of Corrtech Energy Limited?

The authorized capital of Corrtech Energy Limited is ₹25.00 Cr, and the paid-up capital is ₹18.12 Cr.

What is the compliance status of Corrtech Energy Limited?

The compliance status of Corrtech Energy Limited is Compliant.

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