- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0042850

About Kalpa Power Private Limited
Data last updated:
Kalpa Power Private Limited is a private limited company based in Baner, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC169581. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.95 Cr and a paid-up capital of ₹52.92 Lakh. It is led by directors including Rounak Nitin Muthiyan (Managing Director) and Nitin Shantilal Muthiyan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.605 – 606 Sixth Floor Amar Business Zone, Baner, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹271.74 Cr. For the same year it recorded a net profit of ₹15.12 Cr (net margin 5.6%) and EBITDA of ₹22.61 Cr (EBITDA margin 8.3%).
The company has about 209 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Kalpa Power. As per MCA filings, the company has open charges of ₹162.83 Cr and satisfied charges of ₹30.35 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 2 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.55 Cr; the latest was in June 2024. The company has 6 MSME Form 1 returns on record between 2018 and 2022, listing 206 overdue payments to 73 micro and small suppliers.
Kalpa Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0042850). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalpapower.com.
Company details
Recognitions & Rankings of Kalpa Power
Contact details
Kalpa Power Private Limited's registered office is in Baner, Maharashtra. Its website is kalpapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.605 – 606 Sixth Floor Amar Business Zone, Baner, Maharashtra, India – 411045
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Kalpa Power 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
Kalpa Power operates one associated brand: Kalpa Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kalpa Power designs, installs, and manages solar systems for energy efficiency in India. | kalpapower.com |
Business activity
The main business activities of Kalpa Power are electricity, gas, steam and air condition supply and trade. In detail, this covers electric power generation, transmission and distribution and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kalpa Power Private Limited, buy the company report.
Financials of Kalpa Power Private Limited
FY 2025 filings availableKalpa Power Private Limited reported revenue of ₹271.74 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹271.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kalpa Power Private Limited, buy the company report.
Board of directors of Kalpa Power Private Limited
Kalpa Power has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Nitin Muthiyan | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Anand Raheja | Director | 08 Aug 2025 | 1 Years 3 Months | Current |
| Rounak Nitin Muthiyan Also directs: Gse Renewables Solar Farms LLP, Kalpa Power Solar Park Alpha LLP, Kalpa Power Distributed Solar Private Limited and 4 more | Managing Director | 23 Mar 2017 | 9 Years 7 Months | Current |
| Rima Wandhekar | Director | 23 Mar 2017 | 9 Years 7 Months | Current |
| Nitin Shantilal Muthiyan Also directs: Suvit Solar LLP, Gse Renewables Solar Farms LLP, Kalpa Power Solar Park Alpha LLP and 5 more | Whole-Time Director | 08 Mar 2018 | 8 Years 8 Months | Current |
Shareholding
The shareholding of Kalpa Power Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kalpa Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2026 | 101384481 | Others | ₹1.69 Cr | Open | |
| 09 Jul 2026 | 101360543 | Others | ₹1.41 Cr | Open | |
| 29 May 2026 | 101358485 | Sidbi | ₹1.44 Cr | Open | |
| 23 Jan 2026 | 101239680 | Others | ₹40 Cr | Open | |
| 30 Oct 2025 | 101189504 | Others | ₹32 Cr | Open |
To see the full charge records of Kalpa Power Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Kalpa Power Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.55 Cr; the latest was in June 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round | ₹5 Cr | Investors: 3 individuals |
| Mar 2024 | Funding round | ₹3.05 Cr | Investors: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Kalpa Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kalpa Power Private Limited has 9 court cases on record: 6 filed by Kalpa Power, 3 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 3 | 1 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Central Electronics Limited and Ors | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Central Electronics Ltd. THR. Officer of General Manager Materials Dept. and Ors and 4 others | Disposed |
| District court, South West, Delhi | Execution petition | Filed by the company against Ovrview Technologies Private Limited, (Erstwhile 8 Minutes Future Energy Pvt. Ltd.) | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by SW Astik Pipe Ltd. | Disposed |
| District court, Sangli, Maharashtra | Civil suit | Filed against the company | Pending |
To see the full case history of Kalpa Power Private Limited, buy the company report.
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
Kalpa Power Private Limited has 6 MSME Form 1 returns on record between 2018 and 2022, listing 206 overdue payments to 73 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 73)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gse Renewables India Private Limited | |||
| PV Power Technologies Private Limited | |||
| Elezer Automation India Private Limited | |||
| India Cables | |||
| Evolve Green Energies Private Limited |
To see the full MSME payment records of Kalpa Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kalpa Power has 2 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kalpa Power Distributed Solar Private Limited | U35105PN2024PTC234354 | |
| Kalpa Power Mh-Oa Private Limited | U35105PN2024PTC234402 |
To see the full group structure of Kalpa Power Private Limited, buy the company report.
Employees & EPFO
Kalpa Power Private Limited has a workforce of 209 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 209 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Kalpa Power Private Limited, buy the company report.
GST
Kalpa Power has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kalpa Power Private Limited, buy the company report.
Recent activity
Kalpa Power Private Limited has 5 board changes on record since 2017: 5 appointments. The latest: Anand Raheja was appointed as Director on 08 Aug 2025.
15 earlier events are in the company report.
Frequently asked questions
Kalpa Power is an active private limited company based in Baner, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 23 March 2017 (9+ years old) and is registered under CIN U74999PN2017PTC169581.
Kalpa Power has 5 current directors:
- Rounak Nitin Muthiyan - Managing Director
- Nitin Shantilal Muthiyan - Whole-Time Director
- Kiran Nitin Muthiyan - Director
- Anand Raheja - Director
- Rima Wandhekar - Director
The latest financial statements of Kalpa Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
No. Kalpa Power has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kalpa Power is U74999PN2017PTC169581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kalpa Power has 9 court cases on record: 6 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Kalpa Power was incorporated on 23 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Kalpa Power has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.55 Cr; the latest was in June 2024.
Anand Raheja was appointed as Director on 08 Aug 2025. Kiran Nitin Muthiyan was appointed as Director on 19 Mar 2020. Nitin Shantilal Muthiyan was appointed as Whole-Time Director on 08 Mar 2018. Kalpa Power has 5 board changes on record in total.
Yes, Kalpa Power is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0042850).
Kalpa Power has 6 MSME Form 1 returns on record between 2018 and 2022, listing 206 overdue payments to 73 micro and small suppliers. The latest return was filed on 30 Apr 2022.

