Gupta Energy Private Limited
About Gupta Energy Private Limited
Data last updated:
Gupta Energy Private Limited is a private limited company based in Nagpur, Maharashtra, India, a subsidiary of Gupta Global Resources Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 30 October 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40102MH2007PTC175497. Its GSTIN is 27AADCG0034E2Z6 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹34.75 Cr. It was formerly known as Gupta Energy Limited and Gupta Energy Limited. It is led by directors Piyush Marodia and Padmesh Deodutta Gupta.
Its last annual general meeting (AGM) was held on 30 December 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2014, the company reported a revenue of ₹56.34 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹130.5 Cr (net margin -231.6%) and EBITDA of ₹56.34 Cr (EBITDA margin 100%).
As per MCA filings, the company has open charges of ₹978.07 Cr and satisfied charges of ₹4.95 Cr on record. Court records list 83 cases involving the company, including 11 filed by the company and 72 filed against it; 8 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹101.01 Cr; the latest was in June 2014.
Company details
Name history
Gupta Energy has undergone 2 name changes throughout its history. The company was previously known as Gupta Energy Limited, and Gupta Energy Limited. The current legal name is Gupta Energy Private Limited.
| Company Name | Status |
|---|---|
| Gupta Energy Private Limited | Current |
| Gupta Energy Limited | Previous |
| Gupta Energy Limited | Previous |
CIN history
Gupta Energy has one previous CIN (Corporate Identification Number): U40102MH2007PLC175497. The current CIN is U40102MH2007PTC175497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102MH2007PTC175497 | Current |
| U40102MH2007PLC175497 | Previous |
Contact details
Gupta Energy Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressBlock No. 202 & 207 First Floor Corporation House Also Known As Gupta Bhavan Mouza Ambazar, I, Nagpur, Maharashtra, India – 440010
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Gupta Energy 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
Financials of Gupta Energy Private Limited
FY 2015 filings availableGupta Energy Private Limited reported revenue of ₹56.34 Cr (down 64% YoY) for FY 2014.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹56.34 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹56.34 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹130.5 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 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | 100% |
| Net Profit Margin | -231.6% |
| 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 Gupta Energy Private Limited, buy the company report.
Board of directors of Gupta Energy Private Limited
Gupta Energy has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Marodia Also directs: Wani Coalfields Private Limited, Jay Aar Commercial Pvt Ltd, Suryoday Vanijya Private Limited and 1 more | Director | 18 Jul 2008 | 18 Years 3 Months | As last reported |
| Padmesh Deodutta Gupta Also directs: Wani Coalfields Private Limited | Director | 30 Oct 2007 | 18 Years 11 Months | As last reported |
Shareholding
The shareholding of Gupta Energy Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gupta Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2013 | 10426000 | Corporation Bank | ₹11 Cr | Open | |
| 25 Mar 2013 | 10421517 | Axis Bank Limited | ₹46.13 Cr | Open | |
| 28 Dec 2012 | 10396815 | Axis Bank Limited | ₹4 Cr | Open | |
| 28 Dec 2012 | 10396813 | Axis Bank Limited | ₹32 Cr | Open | |
| 28 Dec 2012 | 10396812 | Axis Bank Limited | ₹25 Cr | Open |
To see the full charge records of Gupta Energy Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Gupta Energy Private Limited has 7 deals on record (4 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹101.01 Cr; the latest was in June 2014.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Acquisition | ₹196.33 Cr | Buyer: Gupta Global Resources Private Limited |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Cosmo Films Limited Seller: Gupta Global Resources Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Bharat Forge Ltd Seller: Gupta Global Resources Private Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Gupta Global Resources Private Limited Seller: Gupta Corporation Private Limited , 3 individuals |
| Aug 2011 | Funding round | ₹101.01 Cr | Investors: Gupta Global Resources Private Limited |
To see the full deal history of Gupta Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gupta Energy Private Limited has 83 court cases on record: 11 filed by Gupta Energy, 72 filed against it. 8 cases are pending and 75 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 65 | 5 |
| High courts | 12 | 6 | 2 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Western Coalfields Ltd. and Other and 1 other | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against Get Power Limited THR Its General Manager-Projects Shri LK Vasan | Disposed |
| District court, Chandrapur, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| District court, Chandrapur, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed by the company against Union of India Ministry of Finance, Department of Revenue, Room No. 46, North Block , , Delhi and 1 other | Pending |
To see the full case history of Gupta Energy 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 Gupta Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gupta Energy Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Gupta Energy has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG0034E2Z6 | Maharashtra | Active | 05 Feb 2021 |
To see the full GST registrations and return filing status of Gupta Energy Private Limited, buy the company report.
Recent activity
Gupta Energy Private Limited has 16 board changes on record since 2007: 2 appointments and 14 cessations. The latest: Rajeev Bal Sawangikar ceased to be Whole-Time Director on 29 Aug 2016.
21 earlier events are in the company report.
Frequently asked questions
Gupta Energy is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Gupta Energy is a company under liquidation, formerly operating as a private limited company based in Nagpur, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 30 October 2007 and is registered under CIN U40102MH2007PTC175497. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gupta Energy has 2 current directors:
- Piyush Marodia - Director
- Padmesh Deodutta Gupta - Director
The latest financial statements of Gupta Energy on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 December 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gupta Energy is U40102MH2007PTC175497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gupta Energy has open charges of ₹978.07 Cr and satisfied charges of ₹4.95 Cr as per latest MCA filings.
Gupta Energy has 83 court cases on record: 11 filed by the company and 72 filed against it. 8 are pending. Most are in the district courts.
Gupta Energy was incorporated on 30 October 2007. It is registered with the Registrar of Companies, Mumbai.
Gupta Energy has 7 deals on record (4 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹101.01 Cr; the latest was in June 2014.
Rajeev Bal Sawangikar ceased to be Whole-Time Director on 29 Aug 2016. Ramratan Sadhulal Shah ceased to be Whole-Time Director on 29 Aug 2016. Anurag Padmesh Gupta ceased to be Director on 28 Apr 2016. Gupta Energy has 16 board changes on record in total.