About Indrajit Power Private Limited
Data last updated:
Indrajit Power Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 20 September 1994.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC081267. Its GSTIN is 27AAACI8656B1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.44 Lakh. It was formerly known as Indrajit Infrastructure Private Limited and Uttam Power Private Limited. It is led by directors including Prakul Thadi (Irp/Rp/Liquidator) and Rajiv Munjal Krishnakumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.49 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹53.26 Cr (net margin -122.5%) and EBITDA of ₹1.32 Cr (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 29% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indrajit Infrastructure. As per MCA filings, the company has open charges of ₹958.31 Cr and satisfied charges of ₹988 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 2 cases are pending. The company has 10 deals on record (8 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹111 Cr; the latest was in March 2017. Its 10 peer companies in the Power industry (Thermal Power Plants) are compared by revenue, 5 larger and 5 smaller; the largest is Sudha Bio Power Private Limited with revenue of ₹62.33 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 69 overdue payments to 28 micro and small suppliers.
The last known website on record is indrainfra.in.
Name History of Indrajit Power Private Limited
Indrajit Power has undergone 3 name changes throughout its history. The company was previously known as Indrajit Infrastructure Private Limited, Uttam Power Private Limited, and Indrajit Properties Private Limited. The current legal name is Indrajit Power Private Limited.
| Company Name | Status |
|---|---|
| Indrajit Power Private Limited | Current |
| Indrajit Infrastructure Private Limited | Previous |
| Uttam Power Private Limited | Previous |
| Indrajit Properties Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUttam House 69 P D Mello Road, Carnac Bunder India, Mumbai, Maharashtra, India – 400009
- IndustryEnergy and Power, Thermal Power Generation & Plants
- 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
- One PDF report, delivered after checkout
Associated Brands with Indrajit Power Private Limited
Indrajit Power operates one associated brand: Indrajit Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure development is undertaken by Indrajit Infrastructure in India. | indrainfra.in |
Business Activity of Indrajit Power Private Limited
The main business activity of Indrajit Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indrajit Power Private Limited FY 2023 filings available
Indrajit Power Private Limited reported revenue of ₹43.49 Cr (up 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Indrajit Power Private Limited
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 106% 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 of Indrajit Power Private Limited
| 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 | ₹43.49 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹53.26 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 of Indrajit Power Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -122.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indrajit Power are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Indrajit Power Private Limited
Indrajit Power has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakul Thadi Also directs: Incorp Restructuring Services LLP, Prakul & Kunwarpreet LLP | Irp/Rp/Liquidator | 15 Apr 2025 | 1 Years 6 Months | As last reported |
| Rajiv Munjal Krishnakumar Also directs: Uttam Infotech Global Ventures Private Limited, Kumar Realcon Private Limited, Assurity Real Estate LLP and 5 more | Director | 25 Nov 2019 | 6 Years 10 Months | As last reported |
| Om Prakash Ahuja Also directs: Aura Minerals Private Limited, Shri Rama Krishna Flour & Besan Mills Pvt. Limited., Archisha Steels Private Limited and 4 more | Director | 06 Apr 2018 | 8 Years 6 Months | As last reported |
Peer Comparison of Indrajit Power Private Limited
Indrajit Power Private Limited is compared with the companies closest to it by revenue in the Power industry (Thermal Power Plants). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sudha Bio Power Private Limited | ₹62.33 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Steag O&M Company Private Limited | ₹60.08 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Vandana Vidhyut Limited | ₹58.16 Cr (FY 2016) | •••• | •••• | 22.0% | •••• | Raipur, Chhattisgarh, India |
| Acb (India) Power Limited | ₹53.76 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Danalakshmi Paper Mills Private Limited | ₹47.83 Cr (FY 2022) | •••• | •••• | 124.0% | •••• | Coimbatore, Tamil Nadu, India |
| Indrajit Power Private Limited this company | ₹43.49 Cr (FY 2023) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Adani Transmission (Rajasthan) Limited | ₹30.42 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Jaipur, Rajasthan, India |
| Hindustan Thermalprojects Limited | ₹27.04 Cr (FY 2024) | •••• | •••• | 412.0% | •••• | New Delhi, Delhi, India |
| Atria Power Corporation Private Limited | ₹19.77 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Vidarbha Industries Power Limited | ₹18.04 Cr (FY 2025) | •••• | •••• | 107.0% | •••• | Mumbai, Maharashtra, India |
| Maadurga Thermal Power Company Limited | ₹16.29 Cr (FY 2024) | •••• | •••• | •••• | Tangi Choudwar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Indrajit Power by revenue in the Power industry (Thermal Power Plants), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indrajit Power Private Limited
Indrajit Power Private Limited is audited by Todarwal & Todarwal for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Todarwal & Todarwal | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Indrajit Power Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indrajit Power Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2019 | Others | ₹250 Cr | Open |
| 20 May 2017 | Others | ₹150 Cr | Open |
| 08 Feb 2017 | Others | ₹322 Cr | Open |
| 20 May 2016 | Punjab and Maharashtra Co-Operative Bank Limited | ₹115 Cr | Open |
| 10 Apr 2015 | Others | ₹66.31 Cr | Open |
Total charge records: 10 View all charges
Deals & Funding of Indrajit Power Private Limited
Indrajit Power Private Limited has 10 deals on record (8 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹111 Cr; the latest was in March 2017.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Vertex Trade & Properties Developers Private Limited Seller: Lloyds Enterprises Limited , Parwas Leasing & Finance Private Limited |
| Oct 2013 | Funding round | ₹61 Cr | Investors: Grow Well Mercantile Private Limited , Evonith Value Steels Limited, Archisha Steels Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Grow Well Mercantile Private Limited , Archisha Steels Private Limited Seller: Evonith Metallics Limited , Parishram Properties Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Evonith Metallics Limited , Archisha Steels Private Limited Seller: Parwas Leasing & Finance Private Limited, Parishram Properties Private Limited , 2 individuals |
| May 2009 | Secondary share transfer | Undisclosed | Buyer: Parishram Properties Private Limited , Parwas Leasing & Finance Private Limited Seller: Lloyds Enterprises Limited |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Indrajit Power Private Limited
Indrajit Power Private Limited has 19 court cases on record: 11 filed by Indrajit Power, 8 filed against it. 2 cases are pending and 17 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 4 | 0 |
| District courts | 6 | 4 | 2 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Wardha, Maharashtra | Court case (M.J.Cases) | Filed by the company against Saphire Marketing Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Indrajit Power Private Limited
Indrajit Power Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 69 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KV Fire Chemicals (India) Private Limited | •••• | •••• | •••• |
| Samarth Electrocare Private Limited | •••• | •••• | •••• |
| Ortho Chem | •••• | •••• | •••• |
| Axis Engineering Corporation | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Indrajit Power Private Limited
Indrajit Power Private Limited has a workforce of 117 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Indrajit Power Private Limited
Indrajit Power Private Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Bhuvan Madan ceased to be Irp/Rp/Liquidator on 15 Apr 2025.
30 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indrajit Power Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indrajit Power Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indrajit Power Private Limited
Indrajit Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI8656B1ZM | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indrajit Power Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indrajit Power Private Limited
Indrajit Power is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Indrajit Power is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 20 September 1994 and is registered under CIN U45200MH1994PTC081267. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indrajit Power reported revenue of ₹43.49 Cr for FY 2023 (up 8% YoY).
Indrajit Power has 3 current directors:
- Rajiv Munjal Krishnakumar - Director
- Om Prakash Ahuja - Director
- Prakul Thadi - Irp/Rp/Liquidator
Indrajit Power reported a net loss of ₹53.26 Cr (net margin -122.5%) and EBITDA of ₹1.32 Cr (EBITDA margin 3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indrajit Power is -42% over three years and -29% over five years. In the latest year (FY 2023) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Indrajit Power is U45200MH1994PTC081267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indrajit Power has open charges of ₹958.31 Cr and satisfied charges of ₹988 Cr as per latest MCA filings.
Indrajit Power has 19 court cases on record: 11 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Indrajit Power was incorporated on 20 September 1994. It is registered with the Registrar of Companies, Mumbai.
Indrajit Power has 10 deals on record (8 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹111 Cr; the latest was in March 2017.
The peers of Indrajit Power by revenue are Sudha Bio Power Private Limited, Steag O&M Company Private Limited, Vandana Vidhyut Limited, Acb (India) Power Limited, Danalakshmi Paper Mills Private Limited and 5 more, all in the Power industry (Thermal Power Plants).