About Gurgaon-Palwal Transmission Private Limited
Data last updated:
Gurgaon-Palwal Transmission Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of India Grid Trust. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 26 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2015PTC363587. Its GSTIN is 27AAGCG1811L1ZM (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1.14 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors Abhay Kumar and Ayush Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹147.48 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹50.73 Cr (net margin -34.4%) and EBITDA of ₹131.33 Cr (EBITDA margin 89.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹750 Cr and satisfied charges of ₹800 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending. The company has 5 deals on record (2 acquisitions, 1 rights issue, 1 funding round), with disclosed funding of ₹5.01 Cr; the latest was in December 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indigrid.co.in.
Company details
CIN history
Gurgaon-Palwal Transmission has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40300MH2015PTC363587, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2015PTC363587 | Current |
| U40300MH2015GOI363587 | Previous |
| U40300DL2015GOI286783 | Previous |
Contact details
Gurgaon-Palwal Transmission Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUnitno 101 First Floor Windsor Village Kolekalyan Off Cst Road Vidyanagari Marg Santacruz, (East), Mumbai, Maharashtra, India – 400055
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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 Gurgaon-Palwal Transmission Private Limited
FY 2024 filings availableGurgaon-Palwal Transmission Private Limited reported revenue of ₹147.48 Cr (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹147.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹131.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.1% | ||||
| Net Profit Margin | -34.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Gurgaon-Palwal Transmission Private Limited, buy the company report.
Board of directors of Gurgaon-Palwal Transmission Private Limited
Gurgaon-Palwal Transmission has 2 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Kumar Also directs: Ner II Transmission Limited, Ner II Transmission Private Limited, Khargone Transmission Limited and 5 more | Director | 27 Jul 2023 | 3 Years 3 Months | Current |
| Ayush Goyal Also directs: Gujarat Bess Private Limited, Rajasthan Bess Private Limited, East-North Interconnection Company Limited and 5 more | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2024 | 100964966 | Others | ₹750 Cr | Open | |
| 10 May 2018 | 100179119 | Idbi Trusteeship Services Limited | ₹800 Cr | Satisfied |
To see the full charge records of Gurgaon-Palwal Transmission Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Gurgaon-Palwal Transmission Private Limited has 5 deals on record (2 acquisitions, 1 rights issue, 1 funding round), with disclosed funding of ₹5.01 Cr; the latest was in December 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹9.99 Cr | Investors: India Grid Trust |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: India Grid Trust Seller: Sterlite Grid 4 Limited |
| Mar 2019 | Funding round | ₹5.01 Cr | Investors: Sterlite Grid 4 Limited |
| Jan 2017 | Acquisition | ₹63.01 Cr | Buyer: Sterlite Grid 4 Limited |
| Jul 2016 | Acquisition | ₹92.1 Lakh | Buyer: Sterlite Grid 4 Limited Seller: PFC Consulting Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gurgaon-Palwal Transmission Private Limited has 7 court cases on record: 1 filed by Gurgaon-Palwal Transmission, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Lorena Developers Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Nerissa Constructions Ltd, Gurugram | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India Through Its Director and Another | Pending |
| District court, Narnaul, Haryana | Appeal | Filed against the company by an individual | Disposed |
| District court, Narnaul, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Gurgaon-Palwal Transmission 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.
Credit ratings & regulatory alerts
Gurgaon-Palwal Transmission Private Limited was last rated by Icra on 14 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Sep 2020 |
To see the full credit ratings and regulatory alerts of Gurgaon-Palwal Transmission Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gurgaon-Palwal Transmission Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gurgaon-Palwal Transmission has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG1811L1ZM | Maharashtra | Active | 20 Jan 2022 |
| 06AAGCG1811L1ZQ | Haryana | Active | 01 Jul 2017 |
| 08AAGCG1811L1ZM | Rajasthan | Active | 01 Jul 2017 |
| 09AAGCG1811L1ZK | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gurgaon-Palwal Transmission Private Limited, buy the company report.
Recent activity
Gurgaon-Palwal Transmission Private Limited has 26 board changes on record since 2015: 2 appointments and 24 cessations. The latest: . Ayush Goyal ceased to be Additional Director on 26 Sep 2023.
22 earlier events are in the company report.
Frequently asked questions
Gurgaon-Palwal Transmission is an active private limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 26 October 2015 (11+ years old) and is registered under CIN U40300MH2015PTC363587.
Gurgaon-Palwal Transmission has 2 current directors:
- Abhay Kumar - Director
- Ayush Goyal - Director
The latest financial statements of Gurgaon-Palwal Transmission on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Gurgaon-Palwal Transmission is 27AAGCG1811L1ZM, 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 06AAGCG1811L1ZQ (Haryana), 08AAGCG1811L1ZM (Rajasthan), 09AAGCG1811L1ZK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Gurgaon-Palwal Transmission is U40300MH2015PTC363587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurgaon-Palwal Transmission has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Gurgaon-Palwal Transmission was incorporated on 26 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Gurgaon-Palwal Transmission has 5 deals on record (2 acquisitions, 1 rights issue, 1 funding round), with disclosed funding of ₹5.01 Cr; the latest was in December 2024.
. Ayush Goyal ceased to be Additional Director on 26 Sep 2023. Abhay Kumar ceased to be Additional Director on 26 Sep 2023. Abhay Kumar was appointed as Director on 27 Jul 2023. Gurgaon-Palwal Transmission has 26 board changes on record in total.
Gurgaon-Palwal Transmission can be reached through the website indigrid.co.in. Its registered office is in Mumbai, Maharashtra, India.
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