Startup India Government of India
Green Innovative Power Private Limited - machinery and equipment in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.85 Cr
▼ 47% YoY
Net profit · FY 2024
₹1.11 Cr
Net margin 4.1%
EBITDA · FY 2024
₹3.38 Cr
EBITDA margin 12.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹22 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
43
Provident fund records
About Green Innovative Power Private Limited
Data last updated:
Green Innovative Power Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31909OR2016PTC026147. Its GSTIN is 21AAGCG6240D1Z6 (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ananya Sahoo and Abhinash Panda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 710 Utkal Signature 7th Floor Pahal, Bhubaneswar, Odisha, India – 752101.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.85 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 4.1%) and EBITDA of ₹3.38 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 29% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Green Innovative Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0002469). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ms-green-innovative-power-pvt-ltd.business.site.
Company details
CIN U31909OR2016PTC026147
Registration Number 026147
Incorporation Date 16 December 2016
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-OD-19-0002469
Recognitions & Rankings of Green Innovative Power
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-19-0002469
Contact details
Green Innovative Power Private Limited's registered office is in Bhubaneswar, Odisha. Its website is ms-green-innovative-power-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address710 Utkal Signature 7th Floor Pahal, Bhubaneswar, Odisha, India – 752101
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Green Innovative Power Private Limited, buy the company report.
Comprehensive company report
Green Innovative 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 Green Innovative Power is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Green Innovative Power Private Limited, buy the company report.
Financials of Green Innovative Power Private Limited
FY 2025 filings availableGreen Innovative Power Private Limited reported revenue of ₹26.85 Cr (down 47% YoY) for FY 2024.
Revenue · FY 2024
₹26.85 Cr ▼ 47%
Net profit · FY 2024
₹1.11 Cr margin 4.1%
EBITDA · FY 2024
₹3.38 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 6%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 1%
5 years · compounded
▲ 142%
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 30% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 4.1% | ||||
| 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 Green Innovative Power Private Limited, buy the company report.
Board of directors of Green Innovative Power Private Limited
Green Innovative Power has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ananya Sahoo | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Abhinash Panda | Director | 06 Apr 2021 | 5 Years 6 Months | Current |
| Gokul Chandra Sahoo | Director | 16 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Green Innovative Power Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sawant Process Solutions Private Limited | ₹27.17 Cr (FY 2024) | 19.0% | Mumbai, Maharashtra, India | |||
| S R Info Solution Private Limited | ₹27.16 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| VSM International Private Limited | ₹27.02 Cr (FY 2025) | -32.0% | Delhi, India | |||
| Green Innovative Power Private Limitedthis company | ₹26.85 Cr (FY 2024) | ₹1.11 Cr | 4.1% | -47.0% | 43 | Bhubaneswar, Odisha, India |
| Multi Speciality Products India Private Limited | ₹26.82 Cr (FY 2024) | -2.0% | Bangalore, Karnataka, India | |||
| Sunbeam Industrial Products Private Limited | ₹26.81 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| BKN Enterprise Private Limited | ₹26.77 Cr (FY 2025) | -11.0% | Surat, Gujarat, India | |||
| Kumar World Trade Pvt Ltd | ₹26.66 Cr (FY 2025) | 57.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Green Innovative Power Private Limited, buy the company report.
Auditor
Green Innovative Power Private Limited is audited by BCP & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BCP & ASSOCIATES | FY 2023 | 063314 |
Shareholding
The shareholding of Green Innovative 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 Green Innovative Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2025 | 101058983 | Uco Bank | ₹18 Cr | Open | |
| 20 Dec 2023 | 100837981 | Axis Bank Limited | ₹4 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Green Innovative Power Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ASSAM | Writ petition | Filed against the company by The Industrial Systems LLP | Pending |
| High Court, ORISSA | Writ petition | Filed against the company by individuals | Pending |
To see the full case history of Green Innovative 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 Green Innovative Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Green Innovative Power Private Limited has a workforce of 43 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
-63.25%
GST
Green Innovative Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCG6240D1Z6 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Green Innovative Power Private Limited, buy the company report.
Recent activity
Green Innovative Power Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Abhinash Panda was appointed as Director on 06 Apr 2021.
AGM
Green Innovative Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Green Innovative Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Uco Bank amounted to Rs. 1,800.00 Lakh with Charge ID 101058983 was registered on 27 Feb 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 100837981 was registered on 20 Dec 2023.
Appointed
Abhinash Panda was appointed as Director.
Appointed
Ananya Sahoo was appointed as Director.
Appointed
Gokul Chandra Sahoo was appointed as Director.
Incorporation
16 Dec 2016
Green Innovative Power Private Limited was registered on 16 Dec 2016 with Roc Cuttack & aged 9 years 10 months as per MCA records.
Frequently asked questions
Green Innovative Power is an active private limited company based in Bhubaneswar, Odisha, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 16 December 2016 (10+ years old) and is registered under CIN U31909OR2016PTC026147.
Green Innovative Power has 3 current directors:
- Ananya Sahoo - Director
- Abhinash Panda - Director
- Gokul Chandra Sahoo - Director
The latest financial statements of Green Innovative Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Green Innovative Power is 21AAGCG6240D1Z6, registered in Odisha.
The CIN (Corporate Identification Number) of Green Innovative Power is U31909OR2016PTC026147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Innovative Power has 2 court cases on record: 2 filed against it. 2 are pending.
Green Innovative Power was incorporated on 16 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Green Innovative Power by revenue are Sawant Process Solutions Private Limited, S R Info Solution Private Limited, VSM International Private Limited, Multi Speciality Products India Private Limited, Sunbeam Industrial Products Private Limited and 2 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Abhinash Panda was appointed as Director on 06 Apr 2021. Ananya Sahoo was appointed as Director on 14 Jan 2020. Gokul Chandra Sahoo was appointed as Director on 16 Dec 2016.
Yes, Green Innovative Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Green Innovative Power is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-19-0002469).
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