DPIIT recognised startup Government of India
Startup India
Ignited Power Private Limited
Ignited Power Private Limited - energy and power in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.44 Lakh
▼ 95% YoY
Net loss · FY 2024
₹3.27 Lakh
Net margin -73.6%
EBITDA · FY 2024
-₹1.37 Lakh
EBITDA margin -30.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
2
Provident fund records
About Ignited Power Private Limited
Data last updated:
Ignited Power Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 28 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC307317. Its GSTIN is 27AAECI8220K1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shubham Prasad Korde and Shubham Dadasaheb Hiwale.
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 Sr No. 231/1/A Flat No.05 Sai Shraddha Appt Gajanan Colony, Nashik, Maharashtra, India – 422003.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.44 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹3.27 Lakh (net margin -73.6%) and EBITDA of -₹1.37 Lakh (EBITDA margin -30.9%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 6% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Ignited Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0238492).
Company details
CIN U74999MH2018PTC307317
Registration Number 307317
Incorporation Date 28 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0238492
Recognitions & Rankings of Ignited Power
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0238492
Contact details
Ignited Power Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressSr No. 231/1/A Flat No.05 Sai Shraddha Appt Gajanan Colony, Nashik, Maharashtra, India – 422003
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ignited Power Private Limited, buy the company report.
Comprehensive company report
Ignited 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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Secure checkout · GST invoice included
Business activity
The main business activity of Ignited Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Ignited Power Private Limited, buy the company report.
Financials of Ignited Power Private Limited
FY 2025 filings availableIgnited Power Private Limited reported revenue of ₹4.44 Lakh (down 95% YoY) for FY 2024.
Revenue · FY 2024
₹4.44 Lakh ▼ 95%
Net loss · FY 2024
₹3.27 Lakh margin -73.6%
EBITDA · FY 2024
-₹1.37 Lakh margin -30.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 59%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 133%
3 years · compounded
▼ 37%
5 years · compounded
▼ 76%
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 133% 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 |
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| EBITDA | -₹1.37 Lakh | ||||
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| Net Profit (PAT) | -₹3.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -30.9% | ||||
| Net Profit Margin | -73.6% | ||||
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To see the full financial statements and ratios of Ignited Power Private Limited, buy the company report.
Board of directors of Ignited Power Private Limited
Ignited Power has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Prasad Korde | Director | 28 Mar 2018 | 8 Years 6 Months | Current |
| Shubham Dadasaheb Hiwale | Director | 28 Mar 2018 | 8 Years 6 Months | Current |
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2022 | 100599162 | State Bank of India | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ignited Power 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 Ignited Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ignited Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI8220K1ZF | Maharashtra | Active | 24 May 2018 |
To see the full GST registrations and return filing status of Ignited Power Private Limited, buy the company report.
Recent activity
Ignited Power Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Pramod Jibhau Pagare ceased to be Director on 12 Apr 2019.
AGM
Ignited Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ignited Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 100599162 was registered on 18 Apr 2022.
Ceased
Pramod Jibhau Pagare ceased to be Director.
Appointed
Shubham Dadasaheb Hiwale was appointed as Director.
Appointed
Shubham Prasad Korde was appointed as Director.
Incorporation
28 Mar 2018
Ignited Power Private Limited was registered on 28 Mar 2018 with Roc Mumbai Ii & aged 8 years 7 months as per MCA records.
Frequently asked questions
Ignited Power is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 28 March 2018 (8+ years old) and is registered under CIN U74999MH2018PTC307317.
Ignited Power has 2 current directors:
- Shubham Prasad Korde - Director
- Shubham Dadasaheb Hiwale - Director
The latest financial statements of Ignited 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 2018 are in the company report.
The GSTIN of Ignited Power is 27AAECI8220K1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ignited Power is U74999MH2018PTC307317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignited Power was incorporated on 28 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Pramod Jibhau Pagare ceased to be Director on 12 Apr 2019. Shubham Dadasaheb Hiwale was appointed as Director on 28 Mar 2018. Shubham Prasad Korde was appointed as Director on 28 Mar 2018.
Yes, Ignited Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ignited Power is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0238492).
The registered office of Ignited Power is at Sr No. 2311A Flat No.05 Sai Shraddha Appt Gajanan Colony, Nashik, Maharashtra, India – 422003.