Indigrid 1 Limited - Company Profile

Q: Who are the current directors of Indigrid 1 Limited?

The current directors of Indigrid 1 Limited are Kundan Kishore, Rahul Durgaprasad Asthana, Giriraj Ajmera, Mohit Vadera, Sanil Chittoor Namboodiripad, Prabhakar Singh, Pushkar Ramesh Mhatre.

It is a energy and power public limited company based in Mumbai, Maharashtra, India, established in 2005.

2005 Mumbai, Maharashtra, India Active

Last Updated: January 04, 2026

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About Indigrid 1 Limited

Indigrid 1 Limited, a active public limited company, was established on 11 May 2005 in Mumbai, Maharashtra, India. Engaging in power epc within the electricity, gas, steam and air condition supply sector, it holds CIN: U74999MH2005PLC153211. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹98.34 Cr and a paid-up capital of ₹96.17 Cr.

Formerly known as Sterlite Grid 2 Private Limited, Sterlite Display Technologies Private Limited. It upholds a compliant status. Its leadership includes Kundan Kishore (Director), Rahul Durgaprasad Asthana (Director), Giriraj Ajmera (Director). Past directors included Kundan Kishore, Rahul Durgaprasad Asthana, Divya Bedi Verma. It holds ₹24,784.82 Cr open charges and ₹6,104.69 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No 101,First Floor,Windsor Village,Kolekalyan Off Cst Road, Vidyanagari Marg,Santacruz, (East), Mumbai, Maharashtra, 400098.

Company Details

CIN/LLPIN
U74999MH2005PLC153211
Registration Number
153211
Incorporation Date
11 May 2005
Authorized Capital
₹98.34 Cr
Paid-Up Capital
₹96.17 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 98.34 Cr as on 04-01-2026
Paid Up Capital ₹ 96.17 Cr as on 04-01-2026
Company Age 20 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 24,784.82 Cr as on 04-01-2026
Satisfied Charges ₹ 6,104.69 Cr as on 04-01-2026
Revenue Growth **** 84.47% (FY 2024)
Profit Growth **** 107.46% (FY 2024)
Ebitda **** 55.52% (FY 2024)
Net Worth 20.84% (FY 2024)
Total Assets **** 25.60% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Indigrid 1 Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Indigrid 1 Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kundan Kishore	Director	01 Jul 2022	Current
Rahul Durgaprasad Asthana	Director	24 Jan 2023	Current
Giriraj Ajmera	Director	25 Jul 2022	Current
Sanil Chittoor Namboodiripad	Additional Director	23 Jul 2025	Current
Prabhakar Singh	Director	07 Jan 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	26 Sep 2022	Past
Pramod Abcsdd	Additional Director	24 Sep 2023	Past
Pramod Abcsdd	Cfo(Kmp)	25 May 2020	Past
Pramod Abcsdd	Director	22 Jan 2014	Past
Pramod Abcsdd	Director	01 Apr 2012	Past
Pramod Abcsdd	Additional Director	26 Sep 2022	Past

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Financial Performance of Indigrid 1.

Indigrid 1 Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 84.47% increase. The company also saw a substantial improvement in profitability, with a 107.46% increase in profit. The company's net worth Soared by an impressive increase of 20.84%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

84.47%

*******

Revenue from Operations

*******

Total Assets

*******

25.60%

*******

Profit or Loss

*******

107.46%

*******

Net Worth

*******

20.84%

*******

EBITDA

*******

55.52%

*******

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What is the Ownership and Shareholding Structure of Indigrid 1?

In 2024, Indigrid 1 had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹247,848,169,000.00

Satisfied Charges

₹61,046,881,945.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 24784.82 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Oct 2019	Idbi Trusteeship Services Limited	₹24,784.82 Cr	Open
27 Nov 2018	Others	₹3,000.00 Cr	Satisfied
27 Jun 2017	Others	₹225.00 Cr	Satisfied
29 Dec 2016	Others	₹104.69 Cr	Satisfied
08 Aug 2016	Sbicap Trustee Company Limited	₹2,250.00 Cr	Satisfied

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How Many Employees Work at Indigrid 1?

Unlock and access historical data on people associated with Indigrid 1, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Indigrid 1, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indigrid 1's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Indigrid 1

Recent Activity within the Organization

Annual General Meeting

Progress on Indigrid 1 Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.
29 Sep 2025
Charges

The activity A charge with Idbi Trusteeship Services Limited of Rs. 24,784.82 Cr registered on 25 Oct 2019 with Charge ID 100299703 was modified on 10 Sep 2025. was completed.
10 Sep 2025
Director Appointment

Progress on Sanil Chittoor Namboodiripad was appointed as a Additional Director was appointed as a Additional Director on 23 Jul 2025 & has been associated with this company since 8 months 4 days . was documented.
23 Jul 2025
Balance Sheet

The activity Indigrid 1 Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Pushkar Ramesh Mhatre was appointed as a Cfo was appointed as a Cfo on 21 Nov 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.
21 Nov 2024
Director Appointment

The activity Mohit Vadera was appointed as a Company Secretary was appointed as a Company Secretary on 19 Feb 2024 & has been associated with this company since 2 years 1 month . was completed.
19 Feb 2024

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