- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0029030

About Itp Energy Systems Private Limited
Data last updated:
Itp Energy Systems Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U31909HR2021PTC098533. Its GSTIN is 06AAGCI3636P1Z5 (Haryana).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Brij Mohan Vaish and Ila Vaish.
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 Plot No 27 Electronic City Sector 18, Gurugram, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.26 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹98.81 Lakh (net margin -23.2%) and EBITDA of -₹46.36 Lakh (EBITDA margin -10.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wakai Power. As per MCA filings, the company has open charges of ₹5.25 Cr and satisfied charges of ₹5.25 Cr on record.
Itp Energy Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0029030). For more details, the company can be reached via its website wakaipower.com.
Company details
Recognitions & Rankings of Itp Energy Systems
Contact details
Itp Energy Systems Private Limited's registered office is in Gurugram, Haryana. Its website is wakaipower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 27 Electronic City Sector 18, Gurugram, Haryana, India – 122016
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Itp Energy Systems Private Limited, buy the company report.
- 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
Brands
Itp Energy Systems operates one associated brand: Wakai Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces lithium ion batteries for sustainable energy, electric vehicles, and portable devices. | wakaipower.com |
Business activity
The main business activity of Itp Energy Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Itp Energy Systems Private Limited, buy the company report.
Financials of Itp Energy Systems Private Limited
FY 2025 filings availableItp Energy Systems Private Limited reported revenue of ₹4.26 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 32%. 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.26 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹46.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹98.81 Lakh | |||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10.9% | |||
| Net Profit Margin | -23.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Itp Energy Systems Private Limited, buy the company report.
Board of directors of Itp Energy Systems Private Limited
Itp Energy Systems has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brij Mohan Vaish | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
| Manju Vaish | Additional Director | 14 May 2025 | 1 Years 5 Months | Current |
| Ila Vaish | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Anil Batra Also directs: Kepo Itp Electronics Private Limited, Indian Technological Products Private Limited, Itp Electronics Private Limited and 1 more | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Itp Energy Systems Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jupiter Power Equipment Private Limited | ₹4.3 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Radiant Heating Systems Private Limited | ₹4.3 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Divine Electricals & Home Appliances Private Limited | ₹4.29 Cr (FY 2017) | 112061.0% | Noida, Uttar Pradesh, India | |||
| Stepon Powermac (India) Private Limited | ₹4.29 Cr (FY 2024) | 41.0% | Ahmedabad, Gujarat, India | |||
| Elin Powertech Private Limited | ₹4.29 Cr (FY 2025) | -15.0% | Boisar, Maharashtra, India | |||
| Neurotronix Systems India Private Limited | ₹4.28 Cr (FY 2024) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Unicor Innovations Private Limited | ₹4.27 Cr (FY 2025) | 770.0% | Delhi, India | |||
| Itp Energy Systems Private Limitedthis company | ₹4.26 Cr (FY 2025) | -₹98.81 Lakh | -23.2% | -13.0% | 6 | Gurugram, Haryana, India |
To see the full peer comparison of Itp Energy Systems Private Limited, buy the company report.
Auditor
Itp Energy Systems Private Limited is audited by AKNR & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKNR & Co | FY 2024 | 023076C |
Shareholding
The shareholding of Itp Energy Systems Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Itp Energy Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2022 | 100659250 | Hdfc Bank Limited | ₹5.25 Cr | Satisfied |
To see the full charge records of Itp Energy Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Itp Energy Systems 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
Itp Energy Systems Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 9 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lithium Energy Experts Private Limited | |||
| Lithion Power Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Itp Energy Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Itp Energy Systems Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Itp Energy Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCI3636P1Z5 | Haryana | Active | 11 Nov 2021 |
To see the full GST registrations and return filing status of Itp Energy Systems Private Limited, buy the company report.
Recent activity
Itp Energy Systems Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Manju Vaish was appointed as Additional Director on 14 May 2025.
Frequently asked questions
Itp Energy Systems is an active private limited company based in Gurugram, Haryana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 October 2021 (5+ years old) and is registered under CIN U31909HR2021PTC098533.
Itp Energy Systems has 4 current directors:
- Brij Mohan Vaish - Director
- Manju Vaish - Additional Director
- Ila Vaish - Director
- Anil Batra - Director
The latest financial statements of Itp Energy Systems 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 2022 are in the company report.
The GSTIN of Itp Energy Systems is 06AAGCI3636P1Z5, registered in Haryana.
The CIN (Corporate Identification Number) of Itp Energy Systems is U31909HR2021PTC098533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itp Energy Systems was incorporated on 18 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Itp Energy Systems by revenue are Jupiter Power Equipment Private Limited, Radiant Heating Systems Private Limited, Divine Electricals & Home Appliances Private Limited, Stepon Powermac (India) Private Limited, Elin Powertech Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Manju Vaish was appointed as Additional Director on 14 May 2025. Ila Vaish was appointed as Director on 25 Feb 2022. Pavan Vaish ceased to be Director on 25 Feb 2022. Itp Energy Systems has 5 board changes on record in total.
Yes, Itp Energy Systems is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0029030).
Itp Energy Systems has 3 MSME Form 1 returns on record between 2022 and 2023, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Itp Energy Systems can be reached through the website wakaipower.com. Its registered office is in Gurugram, Haryana, India.
The registered office of Itp Energy Systems is at Plot No 27 Electronic City Sector 18, Gurugram, Haryana, India – 122016.

