About First Energy 3 Private Limited
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First Energy 3 Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of First Energy Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 25 May 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40100PN2022PTC211607. Its GSTIN is 24AAFCF0705P1ZN (Gujarat).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹99.81 Cr. It is led by directors including Ashok Keshav Joshi and Ravi Damaraju.
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 ₹38.51 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹13.53 Cr (net margin -35.1%) and EBITDA of ₹33.56 Cr (EBITDA margin 87.2%).
As per MCA filings, the company has open charges of ₹305 Cr and satisfied charges of ₹310 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹55.77 Cr; the latest was in September 2022. Its 7 peer companies in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Ushdev Engitech Limited with revenue of ₹38.64 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 4 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 feplglobal.com.
Company details
Contact details
First Energy 3 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, Wind Energy Solutions, Solar Energy Solutions
To see the full contact details of First Energy 3 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 3 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 3 Private Limited, buy the company report.
Financials of First Energy 3 Private Limited
FY 2025 filings availableFirst Energy 3 Private Limited reported revenue of ₹38.51 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA rose 25% 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 |
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| EBITDA | ₹33.56 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.53 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 87.2% | ||
| Net Profit Margin | -35.1% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of First Energy 3 Private Limited, buy the company report.
Board of directors and KMP of First Energy 3 Private Limited
First Energy 3 Private Limited currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Keshav Joshi Also directs: First Energy 6 Private Limited, First Energy 7 Private Limited, First Energy 8 Private Limited and 4 more | Director | 23 Dec 2022 | 3 Years 10 Months | Current |
| Ravi Damaraju Also directs: First Energy 7 Private Limited, First Energy 8 Private Limited, First Energy 4 Private Limited and 5 more | Director | 25 May 2022 | 4 Years 5 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 | 25 May 2022 | 4 Years 5 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 | 23 Dec 2022 | 3 Years 10 Months | Current |
| Ankita Ankit Shah | Cfo | 12 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
First Energy 3 Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| Ushdev Engitech Limited | ₹38.64 Cr (FY 2022) | 11.0% | Chennai, Tamil Nadu, India | |||
| Avaada Mhkhamgaon Private Limited | ₹38.6 Cr (FY 2025) | 5.0% | Noida, Uttar Pradesh, India | |||
| Amplus Energy Solutions Private Limited | ₹38.54 Cr (FY 2020) | New Delhi, Delhi, India | ||||
| First Energy 3 Private Limitedthis company | ₹38.51 Cr (FY 2025) | -₹13.53 Cr | -35.1% | 29.0% | Pune, Maharashtra, India | |
| Badoni Power Private Limited | ₹38.44 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Gale Solarfarms Limited | ₹38.34 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| JSW Vayu (Pennar) Private Limited | ₹38.29 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| JSW Wind Power (Pennar) Private Limited | ₹38.25 Cr (FY 2025) | -29.0% | Hyderabad, Telangana, India |
To see the full peer comparison of First Energy 3 Private Limited, buy the company report.
Auditor
First Energy 3 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 3 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 3 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101070487 | Others | ₹305 Cr | Open | |
| 16 Mar 2023 | 100700258 | Others | ₹310 Cr | Satisfied |
To see the full charge records of First Energy 3 Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
First Energy 3 Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹55.77 Cr; the latest was in September 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹55.77 Cr | Investors: First Energy Private Limited , MRF Limited , GTX 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 3 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 3 Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Taypro Private Limited | |||
| Executive Car Rental Servies | |||
| Irclass Systems and Solutions Private Limited | |||
| Monika Travels |
To see the full MSME payment records of First Energy 3 Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
First Energy 3 Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
First Energy 3 has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCF0705P1ZN | Gujarat | Active | 25 Aug 2022 |
To see the full GST registrations and return filing status of First Energy 3 Private Limited, buy the company report.
Recent activity
First Energy 3 Private Limited has 9 board changes on record since 2022: 7 appointments and 2 cessations. The latest: Ankita Ankit Shah was appointed as CFO on 12 Feb 2026.
5 earlier events are in the company report.
Frequently asked questions
First Energy 3 is an active private limited company based in Pune, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 25 May 2022 (4+ years old) and is registered under CIN U40100PN2022PTC211607.
First Energy 3 has 5 current directors and KMP:
- Ashok Keshav Joshi - Director
- Ravi Damaraju - Director
- Sandeep Suresh Mandke - Director
- Sanjay Dinkar Parande - Director
- Ankita Ankit Shah - Cfo
The latest financial statements of First Energy 3 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 2023 are in the company report.
The GSTIN of First Energy 3 is 24AAFCF0705P1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of First Energy 3 is U40100PN2022PTC211607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Energy 3 was incorporated on 25 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
First Energy 3 has 1 deal on record (1 funding round), with disclosed funding of ₹55.77 Cr; the latest was in September 2022.
The peers of First Energy 3 by revenue are Ushdev Engitech Limited, Avaada Mhkhamgaon Private Limited, Amplus Energy Solutions Private Limited, Badoni Power Private Limited, Gale Solarfarms Limited and 2 more, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Ankita Ankit Shah was appointed as CFO on 12 Feb 2026. Ashish Kumar ceased to be CFO on 31 Oct 2025. Ashish Kumar was appointed as CFO on 22 Jul 2024. First Energy 3 has 9 board changes on record in total.
First Energy 3 has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 22 Nov 2023.
First Energy 3 can be reached through the website feplglobal.com. Its registered office is in Pune, Maharashtra, India.
The registered office of First Energy 3 is at 7th Floor, Fountainhead Tower 1, Pune, Maharashtra, India – 411014.
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