Gge Power Private Limited - infrastructure and utilities in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63090MH1998PTC114435 Incorporated 13 April 1998 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company infrastructure and utilities MSME · Small
Data last updated
Revenue · FY 2024
₹10.15 Cr
▼ 12% YoY
Net profit · FY 2024
₹11.59 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹30.62 Lakh
EBITDA margin 3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹5.87 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings

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

CIN U63090MH1998PTC114435
Registration Number 114435
Incorporation Date 13 April 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0118084

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 NameStatus
Gge Power Private LimitedCurrent
Guascor Gas Engines Private LimitedPrevious
Neptunus Seaways Private LimitedPrevious

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.

CINStatus
U63090MH1998PTC114435Current
U99999MH1998PTC114435Previous

Recognitions & Rankings of Gge Power

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0118084

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
  • Registered Address
    El 113 Electronic Zone Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710
  • Industry
    Infrastructure and Utilities, Power Infrastructure & Energy Projects

To see the full contact details of Gge Power Private Limited, buy the company report.

Comprehensive company report
Gge Power Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical 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 available

Gge Power Private Limited reported revenue of ₹10.15 Cr (down 12% YoY) for FY 2024.

Revenue · FY 2024
₹10.15 Cr ▼ 12%
Net profit · FY 2024
₹11.59 Lakh margin 1.1%
EBITDA · FY 2024
₹30.62 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 31%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 10%
5 years · compounded
▲ 3%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹30.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.59 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3%
Net Profit Margin1.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravi Bhagwan MittalDirector30 Sep 200818 Years 1 MonthsCurrent
Anand JainDirector08 Jul 20242 Years 3 MonthsCurrent
Umesh Suresh WagleDirector15 Mar 20224 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh1.1%-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 firmFinancial yearFirm registration number
Joshi & Joshi Co.FY 202304393W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹5.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.14 Cr
The Saraswat Co-Op. Bank Ltd.₹0.48 Cr
The Saraswat Co-Oprative Bank Ltd.₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jun 2025101109927Others₹4.99 CrOpen
12 May 2022100572201Others₹15 LakhOpen
27 Dec 200590241704The Saraswat Co-Oprative Bank Ltd.₹11 LakhOpen
12 Dec 200590241686The Saraswat Co-Oprative Bank Ltd.₹14 LakhOpen
14 Jul 200590145774The Saraswat Co-Op. Bank Ltd.₹48 LakhOpen

Total charge records: 5 View all charges

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.

Active EPFO establishments
1

GST

Gge Power has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCN1243Q1Z8MaharashtraActive01 Jul 2017
24AABCN1243Q1ZEGujaratActive01 Jul 2017
06AABCN1243Q1ZCHaryanaActive19 Jan 2021
26AABCN1243Q1ZADadra and Nagar Haveli and Daman and DiuActive21 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.

Charges
A charge with Others amounted to Rs. 499.00 Lakh with Charge ID 101109927 was registered on 18 Jun 2025.
AGM
Gge Power Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Ceased
Anand Jain ceased to be Additional Director.
Appointed
Anand Jain was appointed as Director.
Filing
Gge Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Umesh Suresh Wagle ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100572201 was registered on 12 May 2022.
Ceased
Devendra Kumar Kushwaha ceased to be Director.
Appointed
Umesh Suresh Wagle was appointed as Director.
Ceased
Ashok Kumar Gupta ceased to be Additional Director.
Ceased
Anil Kumar Raina ceased to be Director.
Ceased
Raghunandan Dattatray Takle ceased to be Director.

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:

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.