India's Richest People 2026 edition · 1 director · Source: Hurun India
- #79 Darshan Hiranandani ₹37,900 Cr
Revenue · FY 2025
₹81.24 Lakh
▼ 97% YoY
Net loss · FY 2025
₹635.59 Cr
Latest filing
EBITDA · FY 2025
-₹397.15 Cr
Latest filing
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹600 Cr
Satisfied ₹1,893.09 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
2
Provident fund records
About He Terminals Private Limited
Data last updated:
He Terminals Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of H-Energy Gateway Holdings Limited (Mauritius). It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 05 April 2010 and has been in existence for over 16 years.
Its director Darshan Hiranandani is #79 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2010PTC201652. Its GSTIN is 27AACCH4233R2Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as H-Energy Renewables Private Limited and Hiranandani Renewable Energy Private Limited. It is led by directors including Mohan Madhukar Limaye and Santosh Giridharrao Ukhalkar.
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 Hiranandani Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.24 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹635.59 Cr and EBITDA of -₹397.15 Cr. Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 60% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 3 joint ventures.
As per MCA filings, the company has open charges of ₹600 Cr and satisfied charges of ₹1,893.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website henergy.com.
Company details
CIN U40100MH2010PTC201652
Registration Number 201652
Incorporation Date 05 April 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company H-Energy Gateway Holdings Limited (Mauritius)
Compliance Status Active Compliant
Name history
He Terminals has undergone 2 name changes throughout its history. The company was previously known as H-Energy Renewables Private Limited, and Hiranandani Renewable Energy Private Limited. The current legal name is He Terminals Private Limited.
| Company Name | Status |
|---|---|
| He Terminals Private Limited | Current |
| H-Energy Renewables Private Limited | Previous |
| Hiranandani Renewable Energy Private Limited | Previous |
CIN history
He Terminals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40100MH2010PTC201652, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100MH2010PTC201652 | Current |
| U74110MH2010PTC201652 | Previous |
| U40300MH2010PTC201652 | Previous |
Key People
Darshan Niranjan Hiranandani Nominee Director Mohan Madhukar Limaye Director Santosh Giridharrao Ukhalkar Director Recognitions & Rankings of He Terminals
Contact details
He Terminals Private Limited's registered office is in Mumbai, Maharashtra. Its website is henergy.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address101 1st Floor B G House Orchard Avenue, Hiranandani Business Park, Mumbai, Maharashtra, India – 400076
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of He Terminals Private Limited, buy the company report.
Comprehensive company report
He Terminals 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 He Terminals is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of He Terminals Private Limited, buy the company report.
Financials of He Terminals Private Limited
FY 2025 filings availableHe Terminals Private Limited reported revenue of ₹81.24 Lakh (down 97% YoY) for FY 2025.
Revenue · FY 2025
₹81.24 Lakh ▼ 97%
Net loss · FY 2025
₹635.59 Cr
EBITDA · FY 2025
-₹397.15 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 84%
5 years · compounded
▲ 60%
EBITDA CAGR growth
3 years · compounded
▼ 430%
5 years · compounded
▼ 54%
Revenue fell 97% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 60%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹397.15 Cr | ||||
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| Net Profit (PAT) | -₹635.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of He Terminals Private Limited, buy the company report.
Board of directors of He Terminals Private Limited
He Terminals has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Niranjan Hiranandani Also directs: Tarq Semiconductors Private Limited, CDC Data Centre Private Limited, Nidp Developers Private Limited and 5 more | Nominee Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Mohan Madhukar Limaye Also directs: H-Energy East Coast Private Limited, Sriperumbdur Utilities LLP, Prakrutik Gasretail LLP and 5 more | Director | 08 Aug 2019 | 7 Years 3 Months | Current |
| Santosh Giridharrao Ukhalkar Also directs: H-Energy East Coast Private Limited, Western Concessions Private Limited, H-Energy Private Limited and 5 more | Director | 17 Jun 2022 | 4 Years 4 Months | Current |
Auditor
He Terminals Private Limited is audited by SHRIDHAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIDHAR & ASSOCIATES | FY 2021 | 134427W |
Shareholding
The shareholding of He Terminals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of He Terminals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹600 Cr
Satisfied charges
₹1,893.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101179553 | Others | ₹300 Cr | Satisfied | |
| 06 Nov 2025 | 101181437 | Others | ₹300 Cr | Satisfied | |
| 25 Jan 2019 | 100242983 | Others | ₹2 Cr | Satisfied | |
| 25 Jan 2019 | 100242987 | Others | ₹2 Cr | Satisfied | |
| 29 Nov 2017 | 100169992 | Others | ₹1,289.09 Cr | Satisfied |
To see the full charge records of He Terminals Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving He Terminals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for He Terminals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
He Terminals has 3 subsidiary companies and 3 joint ventures. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
3
Subsidiary companies
3
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Western Concessions Private Limited | U40101MH2010PTC201014 | |
| Bengal Concessions Private Limited | U60231MH2016PTC271988 | |
| East Coast Concessions Private Limited | U60300MH2018PTC312426 |
To see the full group structure of He Terminals Private Limited, buy the company report.
Employees & EPFO
He Terminals Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
He Terminals has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH4233R2Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of He Terminals Private Limited, buy the company report.
Recent activity
He Terminals Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Santosh Giridharrao Ukhalkar was appointed as Director on 17 Jun 2022.
Charges
A charge registered on 06 Nov 2025 via Charge ID 101179553 with Others was fully satisfied on 10 Feb 2026.
Charges
A charge registered on 06 Nov 2025 via Charge ID 101181437 with Others was fully satisfied on 10 Feb 2026.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101179553 was registered on 06 Nov 2025.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101181437 was registered on 06 Nov 2025.
AGM
He Terminals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
He Terminals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 29 Nov 2017 via Charge ID 100169992 with Others was fully satisfied on 13 Apr 2023.
Appointed
Santosh Giridharrao Ukhalkar was appointed as Director.
Ceased
Mohan Madhukar Limaye ceased to be Additional Director.
Appointed
Mohan Madhukar Limaye was appointed as Director.
Charges
A charge registered on 25 Jan 2019 via Charge ID 100242983 with Others was fully satisfied on 31 Jan 2019.
Charges
A charge registered on 25 Jan 2019 via Charge ID 100242987 with Others was fully satisfied on 31 Jan 2019.
13 earlier events are in the company report.
News
Frequently asked questions
He Terminals is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 05 April 2010 (16+ years old) and is registered under CIN U40100MH2010PTC201652.
He Terminals has 3 current directors:
- Darshan Niranjan Hiranandani - Nominee Director
- Mohan Madhukar Limaye - Director
- Santosh Giridharrao Ukhalkar - Director
The latest financial statements of He Terminals 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 2015 are in the company report.
The GSTIN of He Terminals is 27AACCH4233R2Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of He Terminals is U40100MH2010PTC201652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
He Terminals was incorporated on 05 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Santosh Giridharrao Ukhalkar was appointed as Director on 17 Jun 2022. Mohan Madhukar Limaye ceased to be Additional Director on 30 Sep 2019. Mohan Madhukar Limaye was appointed as Director on 08 Aug 2019. He Terminals has 11 board changes on record in total.
He Terminals can be reached through the website henergy.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of He Terminals is at 101 1st Floor B G House Orchard Avenue, Hiranandani Business Park, Mumbai, Maharashtra, India – 400076.
He Terminals operates in the business outsourcing industry, in the business and IT consulting segment.
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