Kavit Green Energy Private Limited
About Kavit Green Energy Private Limited
Data last updated:
Kavit Green Energy Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Shining Sun Power Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electric power generation segment of the energy sector. It was incorporated on 05 January 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2015PTC424727. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was led by directors Shashi Kant and Lalit Kumar Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 1st 21 Evershine Mall North Meter Cabin, Malad West Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.92 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 17.8%) and EBITDA of ₹5.13 Cr (EBITDA margin 86.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
As per MCA filings, the company had open charges of ₹19 Cr and satisfied charges of ₹46.93 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 7 deals on record (4 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹16.59 Cr; the latest was in August 2018. Its 3 peer companies in the Cleantech industry (Green Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 2 smaller; the largest is Secan Renewables and Infra Private Limited with revenue of ₹5.96 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 2 micro and small suppliers.
Company details
CIN history
Kavit Green Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140MH2015PTC424727, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2015PTC424727 | Current |
| U74140GJ2015PTC081718 | Previous |
| U74140RJ2015PTC061490 | Previous |
Contact details
Kavit Green Energy Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address1st 21 Evershine Mall North Meter Cabin, Malad West Mumbai, Maharashtra, India – 400064
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
- 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
Business activity
The main business activity of Kavit Green Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| 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 |
To see the full business activity and turnover split of Kavit Green Energy Private Limited, buy the company report.
Financials of Kavit Green Energy Private Limited
FY 2024 filings availableKavit Green Energy Private Limited reported revenue of ₹5.92 Cr (up 18% YoY) for FY 2024.
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 2%. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.13 Cr | ||||
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| Net Profit (PAT) | ₹1.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 86.8% | ||||
| Net Profit Margin | 17.8% | ||||
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To see the full financial statements and ratios of Kavit Green Energy Private Limited, buy the company report.
Board of directors of Kavit Green Energy Private Limited
Kavit Green Energy has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Kant Also directs: Sinnal Solar Power Private Limited, Tuticorin Solar Projects Private Limited, Shining Sun Power Private Limited and 5 more | Director | 18 Oct 2023 | 3 Years 0 Months | As last reported |
| Lalit Kumar Mehta Also directs: Stonify Surfaces Private Limited, Sinnal Solar Power Private Limited, Annigeri Solar Power Private Limited and 5 more | Director | 03 Jun 2020 | 6 Years 5 Months | As last reported |
Peer comparison
Kavit Green Energy Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Green Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Secan Renewables and Infra Private Limited | ₹5.96 Cr (FY 2025) | 0.0% | Eachanari (Po), Tamil Nadu, India | |||
| Kavit Green Energy Private Limitedthis company | ₹5.92 Cr (FY 2024) | ₹1.05 Cr | 17.8% | 18.0% | Mumbai, Maharashtra, India | |
| Balaton Solar Private Limited | ₹5.9 Cr (FY 2025) | Gurgaon, Haryana, India | ||||
| Agrawal Solar Power (Up) Private Limited | ₹5.87 Cr (FY 2024) | -7.0% | Margao, Goa, India |
To see the full peer comparison of Kavit Green Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2018 | 100185664 | Others | ₹24.93 Cr | Satisfied | |
| 21 Dec 2016 | 100077031 | Others | ₹22 Cr | Satisfied |
To see the full charge records of Kavit Green Energy Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Kavit Green Energy Private Limited has 7 deals on record (4 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹16.59 Cr; the latest was in August 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Shining Sun Power Private Limited Seller: Evexia Lifecare Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Shining Sun Power Private Limited & Kailash Chand Mor Seller: Evexia Lifecare Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Shining Sun Power Private Limited Seller: Evexia Lifecare Limited , an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Evexia Lifecare Limited Seller: Ever On Power Limited |
| Jun 2015 | Rights issue | ₹99 Lakh | Investors: Evexia Lifecare Limited , Ever On Power Limited |
To see the full deal history of Kavit Green Energy 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
Kavit Green Energy Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed against the company by Shri Ram Finance Ltd Through Parvesh Sharma | Pending |
| District court, Hisar, Haryana | Cheque dishonour complaint | Filed against the company by The Hisar District Central Co-Op. Bank Ltd. | Disposed |
To see the full case history of Kavit Green Energy 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.
Credit ratings & regulatory alerts
Kavit Green Energy Private Limited was last rated by Indiarating on 12 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 12 Aug 2021 |
To see the full credit ratings and regulatory alerts of Kavit Green Energy Private Limited, buy the company report.
MSME payment delays
Kavit Green Energy Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mundhra Rathi & Associates | |||
| Rays Power Infra Limited |
To see the full MSME payment records of Kavit Green Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kavit Green Energy 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 Kavit Green Energy Private Limited, buy the company report.
Recent activity
Kavit Green Energy Private Limited has 16 board changes on record since 2015: 2 appointments and 14 cessations. The latest: Shashi Kant ceased to be Additional Director on 29 Sep 2024.
12 earlier events are in the company report.
Frequently asked questions
Kavit Green Energy has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kavit Green Energy was a private limited company based in Mumbai, Maharashtra, India. The company worked in electric power generation, within the energy industry. It was incorporated on 05 January 2015 and is registered under CIN U74140MH2015PTC424727. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kavit Green Energy was incorporated on 05 January 2015. It is registered with the Registrar of Companies, Mumbai.
Kavit Green Energy had 2 directors:
- Shashi Kant - Director
- Lalit Kumar Mehta - Director
The CIN (Corporate Identification Number) of Kavit Green Energy is U74140MH2015PTC424727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kavit Green Energy is at 1st 21 Evershine Mall North Meter Cabin, Malad West Mumbai, Maharashtra, India – 400064.
The latest financial statements of Kavit Green Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Kavit Green Energy has 1 GST registration on record and it is cancelled or inactive.
Kavit Green Energy operated in the energy industry, in the electric power generation segment.
Kavit Green Energy has 7 deals on record (4 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹16.59 Cr; the latest was in August 2018.
The peers of Kavit Green Energy by revenue are Secan Renewables and Infra Private Limited, Balaton Solar Private Limited, Agrawal Solar Power (Up) Private Limited, all in the Cleantech industry (Green Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kavit Green Energy has 3 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
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