
About Jaisheetal Power Limited
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Jaisheetal Power Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Essar Power Limited. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 04 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31101GJ1995PLC065146. Its GSTIN is 24AAACB6693B1ZY (Gujarat).
The company has an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹378.45 Cr. It was formerly known as Essar Power ( Gwalior ) Limited. It is led by directors including Sameer Bhave Prabhakar and Prasad Udas.
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 Vadodara, Gujarat.
As per the financials filed for FY 2018, the company reported a revenue of ₹54.11 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1,690.21 Cr and EBITDA of ₹8.42 Cr (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 33% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5,704 Cr and satisfied charges of ₹2,154 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 essar.com.
Company details
Name history
Jaisheetal Power has undergone 2 name changes throughout its history. The company was previously known as Essar Power ( Gwalior ) Limited, and Jaisheetal Power Limited. The current legal name is Jaisheetal Power Limited.
| Company Name | Status |
|---|---|
| Jaisheetal Power Limited | Current |
| Essar Power ( Gwalior ) Limited | Previous |
CIN history
Jaisheetal Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31101GJ1995PLC065146, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31101GJ1995PLC065146 | Current |
| U31101MH1995PLC151250 | Previous |
| U68100GJ1995PLC065146 | Previous |
Contact details
Jaisheetal Power Limited's registered office is in Vadodara, Gujarat. Its website is essar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No 4 Kokje Aptt, Shankar Tekri D Bazar, Vadodara, Gujarat, India – 390001
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Jaisheetal Power 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
Financials of Jaisheetal Power Limited
FY 2025 filings availableJaisheetal Power Limited reported revenue of ₹54.11 Cr (up 18% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA fell 35% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹54.11 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹8.42 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1,690.21 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.6% | |||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Jaisheetal Power Limited, buy the company report.
Board of directors of Jaisheetal Power Limited
Jaisheetal Power has 3 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Bhave Prabhakar Also directs: Sheetjay Power Limited, Gandhar Hazira Transmission Limited, Metanergy Powerex Limited and 1 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
| Prasad Udas Also directs: Sheetjay Power Limited, Gandhar Hazira Transmission Limited, Metanergy Powerex Limited and 1 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
| Sunil Shankar Jambhale Also directs: Sheetjay Power Limited, Gandhar Hazira Transmission Limited, Metanergy Powerex Limited and 1 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Jaisheetal Power Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2018 | 000756N |
Shareholding
The shareholding of Jaisheetal Power Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jaisheetal Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2014 | 10521273 | Others | ₹5,704 Cr | Open | |
| 29 Oct 2019 | 100309053 | Others | ₹202 Cr | Satisfied | |
| 12 Jun 2019 | 100267896 | Others | ₹202 Cr | Satisfied | |
| 22 May 2019 | 100266076 | Others | ₹202 Cr | Satisfied | |
| 23 Aug 2012 | 10373782 | Il & Fs Trust Company Limited | ₹68 Cr | Satisfied |
To see the full charge records of Jaisheetal Power Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Jaisheetal Power 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 Jaisheetal Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jaisheetal Power Limited has a workforce of 15 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Jaisheetal Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB6693B1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jaisheetal Power Limited, buy the company report.
Recent activity
Jaisheetal Power Limited has 40 board changes on record since 2008: 3 appointments and 37 cessations. The latest: Prasad Udas ceased to be Additional Director on 29 Sep 2024.
58 earlier events are in the company report.
News
Frequently asked questions
Jaisheetal Power is an active public limited company based in Vadodara, Gujarat, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 04 July 1995 (31+ years old) and is registered under CIN U31101GJ1995PLC065146.
Jaisheetal Power has 3 current directors:
- Sameer Bhave Prabhakar - Director
- Prasad Udas - Director
- Sunil Shankar Jambhale - Director
The latest financial statements of Jaisheetal 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 2015 are in the company report.
The GSTIN of Jaisheetal Power is 24AAACB6693B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Jaisheetal Power is U31101GJ1995PLC065146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaisheetal Power was incorporated on 04 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prasad Udas ceased to be Additional Director on 29 Sep 2024. Sameer Bhave Prabhakar ceased to be Additional Director on 29 Sep 2024. Sunil Shankar Jambhale ceased to be Additional Director on 29 Sep 2024. Jaisheetal Power has 40 board changes on record in total.
Jaisheetal Power can be reached through the website essar.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Jaisheetal Power is at Flat No 4 Kokje Aptt, Shankar Tekri D Bazar, Vadodara, Gujarat, India – 390001.
Jaisheetal Power operates in the environment industry, in the biofuel and biomass energy segment.