- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0118084

About Gge Power Private Limited
Data last updated:
Gge Power Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 13 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1998PTC114435. Its GSTIN is 27AABCN1243Q1Z8 (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Guascor Gas Engines Private Limited and Neptunus Seaways Private Limited. It is led by directors including Ravi Bhagwan Mittal and Anand Jain.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at El 113 Electronic Zone Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.15 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹11.59 Lakh (net margin 1.1%) and EBITDA of ₹30.62 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹5.87 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Gge Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0118084). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ggepower.com.
Company details
Name history
Gge Power has undergone 2 name changes throughout its history. The company was previously known as Guascor Gas Engines Private Limited, and Neptunus Seaways Private Limited. The current legal name is Gge Power Private Limited.
| Company Name | Status |
|---|---|
| Gge Power Private Limited | Current |
| Guascor Gas Engines Private Limited | Previous |
| Neptunus Seaways Private Limited | Previous |
CIN history
Gge Power has one previous CIN (Corporate Identification Number): U99999MH1998PTC114435. The current CIN is U63090MH1998PTC114435, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090MH1998PTC114435 | Current |
| U99999MH1998PTC114435 | Previous |
Recognitions & Rankings of Gge Power
Contact details
Gge Power Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is ggepower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressEl 113 Electronic Zone Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Gge Power 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 Gge Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Gge Power Private Limited, buy the company report.
Financials of Gge Power Private Limited
FY 2024 filings availableGge Power Private Limited reported revenue of ₹10.15 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹30.62 Lakh | ||||
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| Net Profit (PAT) | ₹11.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gge Power Private Limited, buy the company report.
Board of directors of Gge Power Private Limited
Gge Power has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Bhagwan Mittal | Director | 30 Sep 2008 | 18 Years 1 Months | Current |
| Anand Jain Also directs: Gge Genset Private Limited, Ikan Consultants Private Limited | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Umesh Suresh Wagle Also directs: Gge Genset Private Limited, Everbion Renewables Private Limited | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Gge Power Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Power Equipment Manufacturers, Power Projects), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dee Control and Electric Private Limited | ₹10.16 Cr (FY 2021) | -58.0% | Kanpur, Uttar Pradesh, India | |||
| Active Automation Private Limited | ₹10.15 Cr (FY 2025) | 41.0% | Ahmedabad, Gujarat, India | |||
| Gge Power Private Limitedthis company | ₹10.15 Cr (FY 2024) | ₹11.59 Lakh | 1.1% | -12.0% | Navi Mumbai, Maharashtra, India | |
| Shivshakti Switchgears Private Limited. | ₹10.15 Cr (FY 2024) | -60.0% | Delhi, India | |||
| Semtech Electromech Private Limited | ₹10.14 Cr (FY 2023) | -12.0% | Delhi, India |
To see the full peer comparison of Gge Power Private Limited, buy the company report.
Auditor
Gge Power Private Limited is audited by Joshi & Joshi Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Joshi & Joshi Co. | FY 2023 | 04393W |
Shareholding
The shareholding of Gge Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gge Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2025 | 101109927 | Others | ₹4.99 Cr | Open | |
| 12 May 2022 | 100572201 | Others | ₹15 Lakh | Open | |
| 27 Dec 2005 | 90241704 | The Saraswat Co-Oprative Bank Ltd. | ₹11 Lakh | Open | |
| 12 Dec 2005 | 90241686 | The Saraswat Co-Oprative Bank Ltd. | ₹14 Lakh | Open | |
| 14 Jul 2005 | 90145774 | The Saraswat Co-Op. Bank Ltd. | ₹48 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
Gge Power Private Limited has 1 court case on record: 1 filed by Gge Power. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Gge Power Private 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 Gge Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gge Power Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Gge Power has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN1243Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 24AABCN1243Q1ZE | Gujarat | Active | 01 Jul 2017 |
| 06AABCN1243Q1ZC | Haryana | Active | 19 Jan 2021 |
| 26AABCN1243Q1ZA | Dadra and Nagar Haveli and Daman and Diu | Active | 21 Mar 2024 |
To see the full GST registrations and return filing status of Gge Power Private Limited, buy the company report.
Recent activity
Gge Power Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Anand Jain ceased to be Additional Director on 27 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Gge Power is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 13 April 1998 (28+ years old) and is registered under CIN U63090MH1998PTC114435.
Gge Power has 3 current directors:
- Ravi Bhagwan Mittal - Director
- Anand Jain - Director
- Umesh Suresh Wagle - Director
The latest financial statements of Gge Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gge Power is 27AABCN1243Q1Z8, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCN1243Q1ZE (Gujarat), 06AABCN1243Q1ZC (Haryana), 26AABCN1243Q1ZA (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Gge Power is U63090MH1998PTC114435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gge Power has 1 court case on record: 1 filed by the company.
Gge Power was incorporated on 13 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gge Power by revenue are Dee Control and Electric Private Limited, Active Automation Private Limited, Shivshakti Switchgears Private Limited, Semtech Electromech Private Limited, all in the Infrastructure industry (Power Equipment Manufacturers, Power Projects), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anand Jain ceased to be Additional Director on 27 Sep 2024. Anand Jain was appointed as Director on 08 Jul 2024. Umesh Suresh Wagle ceased to be Additional Director on 29 Sep 2022. Gge Power has 11 board changes on record in total.
Yes, Gge Power is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0118084).
Gge Power can be reached through the website ggepower.com. Its registered office is in Navi Mumbai, Maharashtra, India.

