About First Energy 2 Private Limited
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First Energy 2 Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of First Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 30 March 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40300PN2022PTC209863.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.54 Cr. It is led by directors including Ravi Damaraju and Sandeep Suresh Mandke.
Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.38 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹14.66 Lakh (net margin -3.3%) and EBITDA of ₹3.7 Cr (EBITDA margin 84.4%).
As per MCA filings, the company has open charges of ₹26.92 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in July 2022. Its 4 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 2 smaller; the largest is Mounting Renewable Power Limited with revenue of ₹4.42 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website feplglobal.com.
Company details
Contact details
First Energy 2 Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address7th Floor, Fountainhead Tower 1, Pune, Maharashtra, India – 411014
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of First Energy 2 Private 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
Business activity
The main business activity of First Energy 2 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 First Energy 2 Private Limited, buy the company report.
Financials of First Energy 2 Private Limited
FY 2025 filings availableFirst Energy 2 Private Limited reported revenue of ₹4.38 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA rose 1% in the latest 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 |
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| EBITDA | ₹3.7 Cr | |||
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| Net Profit (PAT) | -₹14.66 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 84.4% | |||
| Net Profit Margin | -3.3% | |||
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To see the full financial statements and ratios of First Energy 2 Private Limited, buy the company report.
Board of directors of First Energy 2 Private Limited
First Energy 2 has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Damaraju Also directs: First Energy 7 Private Limited, First Energy 8 Private Limited, First Energy 3 Private Limited and 5 more | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Sandeep Suresh Mandke Also directs: First Energy 6 Private Limited, First Energy 7 Private Limited, First Energy 8 Private Limited and 5 more | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
| Sanjay Dinkar Parande Also directs: First Energy 6 Private Limited, First Energy 7 Private Limited, First Energy 8 Private Limited and 4 more | Director | 09 May 2023 | 3 Years 6 Months | Current |
| Ashok Keshav Joshi Also directs: First Energy 6 Private Limited, First Energy 7 Private Limited, First Energy 8 Private Limited and 4 more | Director | 09 May 2023 | 3 Years 6 Months | Current |
Peer comparison
First Energy 2 Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), 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 |
|---|---|---|---|---|---|---|
| Mounting Renewable Power Limited | ₹4.42 Cr (FY 2025) | 2844.0% | Delhi, India | |||
| Sirwar Renewable Energy Private Limited | ₹4.4 Cr (FY 2025) | -10.0% | Hyderabad, Telangana, India | |||
| First Energy 2 Private Limitedthis company | ₹4.38 Cr (FY 2025) | -₹14.66 Lakh | -3.3% | -4.0% | Pune, Maharashtra, India | |
| Mittals Green Energy Private Limited | ₹4.34 Cr (FY 2025) | -38.0% | Ghaziabad, Uttar Pradesh, India | |||
| Nazca Energy Private Limited | ₹4.33 Cr (FY 2025) | 38.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of First Energy 2 Private Limited, buy the company report.
Auditor
First Energy 2 Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of First Energy 2 Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of First Energy 2 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2023 | 100687613 | Yes Bank Limited | ₹26.92 Cr | Open |
To see the full charge records of First Energy 2 Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
First Energy 2 Private Limited has 1 deal on record (1 rights issue); the latest was in July 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Rights issue | ₹8.5 Cr | Investors: First Energy Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving First Energy 2 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
First Energy 2 Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shivpushpa Travels |
To see the full MSME payment records of First Energy 2 Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
First Energy 2 Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
No GST registration is on our record for First Energy 2 Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
First Energy 2 Private Limited has 8 board changes on record since 2022: 6 appointments and 2 cessations. The latest: Mitish Manoharlal Somani ceased to be Director on 05 Apr 2024.
1 earlier event is in the company report.
Frequently asked questions
First Energy 2 is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 30 March 2022 (4+ years old) and is registered under CIN U40300PN2022PTC209863.
First Energy 2 has 4 current directors:
- Ravi Damaraju - Director
- Sandeep Suresh Mandke - Director
- Sanjay Dinkar Parande - Director
- Ashok Keshav Joshi - Director
The latest financial statements of First Energy 2 on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of First Energy 2 is U40300PN2022PTC209863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Energy 2 was incorporated on 30 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
First Energy 2 has 1 deal on record (1 rights issue); the latest was in July 2022.
The peers of First Energy 2 by revenue are Mounting Renewable Power Limited, Sirwar Renewable Energy Private Limited, Mittals Green Energy Private Limited, Nazca Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mitish Manoharlal Somani ceased to be Director on 05 Apr 2024. Ashok Keshav Joshi was appointed as Director on 09 May 2023. Sanjay Dinkar Parande was appointed as Director on 09 May 2023. First Energy 2 has 8 board changes on record in total.
First Energy 2 has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
First Energy 2 can be reached through the website feplglobal.com. Its registered office is in Pune, Maharashtra, India.
The registered office of First Energy 2 is at 7th Floor, Fountainhead Tower 1, Pune, Maharashtra, India – 411014.
First Energy 2 operates in the environment industry, in the solar energy solutions segment.
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