About Daewoo Power India Limited
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Daewoo Power India Limited is a public limited company based in Korba, Chhattisgarh, India, a subsidiary of Daewoo Engineering & Construction Co. Ltd.. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 20 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U40105CT1995PLC008961. Its GSTIN is 07AAACD8441K1ZJ (Delhi).
The company has an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹100.6 Cr. It is led by directors including Ki Un Han and Hyung Min Kim.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mig – 1/170 Pandit Ravi Shankar Shukla Nagar, Korba, Chhattisgarh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.41 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Cr and EBITDA of -₹1.58 Cr. Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
As per MCA filings, the company has satisfied charges of ₹111.46 Cr on record. Court records list 22 cases involving the company, including 14 filed by the company and 8 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹54.17 Cr; the latest was in January 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daewoopowerproducts.com.
Company details
CIN history
Daewoo Power India has one previous CIN (Corporate Identification Number): U40105MP1995PLC008961. The current CIN is U40105CT1995PLC008961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40105CT1995PLC008961 | Current |
| U40105MP1995PLC008961 | Previous |
Contact details
Daewoo Power India Limited's registered office is in Korba, Chhattisgarh. Its website is daewoopowerproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMig – 1/170 Pandit Ravi Shankar Shukla Nagar, Korba, Chhattisgarh, India
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Daewoo Power India Limited, buy the company report.
- 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 Daewoo Power India Limited
FY 2024 filings availableDaewoo Power India Limited reported revenue of ₹17.41 Lakh (down 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 49% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.41 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | |||||
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To see the full financial statements and ratios of Daewoo Power India Limited, buy the company report.
Board of directors of Daewoo Power India Limited
Daewoo Power India has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jooyoung Lee | Additional Director | 23 May 2022 | 4 Years 5 Months | Current |
| Ki Un Han | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Hyung Min Kim | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Satya Narain Mishra | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Daewoo Power India Limited is audited by Yogendra Mittal & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yogendra Mittal & Co. | FY 2022 | 010662C |
Shareholding
The shareholding of Daewoo Power India Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daewoo Power India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 1998 | 90205413 | Shri Amrit Lal Sanghvi | ₹111.46 Cr | Satisfied |
To see the full charge records of Daewoo Power India Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Daewoo Power India Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹54.17 Cr; the latest was in January 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Daewoo Engineering & Construction Co Limited, an individual Seller: Daewoo Corporation Korea, Daewoo Corporation (Mauritius) Limited, an individual |
| Dec 2019 | Funding round | ₹54.17 Cr | Investors: ABB Power Investment India BV, Daewoo Engineering & Construction Co Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Daewoo Corporation Korea Seller: Daewoo Corporation (Mauritius) Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Daewoo Power India Limited has 22 court cases on record: 14 filed by Daewoo Power India, 8 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 5 | 1 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Chhattisgarh State Power Distribution Co. Ltd. and Ors. | Disposed |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against State of Chhattisgarh Through the Secretary Department of Revenue and Crisis Management and Others | Pending |
| High Court, CHHATTISGARH | Writ petition | Filed against the company by individuals | Pending |
| High Court of Chhattisgarh | Court case (MCC) | Filed by the company against State of Chhattisgarh | Disposed |
| High Court of Chhattisgarh | Arbitration matter | Filed by the company against State of Chhattisgarh | Disposed |
To see the full case history of Daewoo Power India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daewoo Power India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daewoo Power India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD8441K1ZJ | Delhi | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Daewoo Power India Limited, buy the company report.
Recent activity
Daewoo Power India Limited has 14 board changes on record since 2007: 4 appointments and 10 cessations. The latest: Hyung Min Kim was appointed as Director on 15 Dec 2022.
8 earlier events are in the company report.
Frequently asked questions
Daewoo Power India is an active public limited company based in Korba, Chhattisgarh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 20 January 1995 (31+ years old) and is registered under CIN U40105CT1995PLC008961.
Daewoo Power India has 4 current directors:
- Jooyoung Lee - Additional Director
- Ki Un Han - Director
- Hyung Min Kim - Director
- Satya Narain Mishra - Director
The latest financial statements of Daewoo Power India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Daewoo Power India is 07AAACD8441K1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of Daewoo Power India is U40105CT1995PLC008961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daewoo Power India has 22 court cases on record: 14 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Daewoo Power India was incorporated on 20 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Daewoo Power India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹54.17 Cr; the latest was in January 2020.
Hyung Min Kim was appointed as Director on 15 Dec 2022. Rajendra Kumar Lata ceased to be Cfo(Kmp) on 12 Dec 2022. Sun Ho Choi ceased to be Director on 09 Dec 2022. Daewoo Power India has 14 board changes on record in total.
Daewoo Power India can be reached through the website daewoopowerproducts.com. Its registered office is in Korba, Chhattisgarh, India.
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