About Kaze Energy Limited
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Kaze Energy Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Greenko Power Projects (Mauritius) Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 25 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40300TG2013PLC159846. Its GSTIN is 24AAECV3910F1ZO (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹44 Cr and a paid-up capital of ₹41.93 Cr. It was formerly known as Vaspeth Wind Energy Limited and Vaspeth Wind Energy Private Limited. It is led by directors including Venkata Bala Ravi Shankar Dhurjati (Manager) and Saleem Basha Syed.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Third Floor Block D Plot No.13 Sy. No. 64 Part Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.84 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹16.25 Cr (net margin -40.8%) and EBITDA of ₹20.67 Cr (EBITDA margin 51.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹290 Cr and satisfied charges of ₹1,422.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹86.16 Cr; the latest was in August 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ilfsindia.com.
Company details
Name history
Kaze Energy has undergone 2 name changes throughout its history. The company was previously known as Vaspeth Wind Energy Limited, and Vaspeth Wind Energy Private Limited. The current legal name is Kaze Energy Limited.
| Company Name | Status |
|---|---|
| Kaze Energy Limited | Current |
| Vaspeth Wind Energy Limited | Previous |
| Vaspeth Wind Energy Private Limited | Previous |
CIN history
Kaze Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40300TG2013PLC159846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300TG2013PLC159846 | Current |
| U40300MH2013PTC241321 | Previous |
| U40300MH2013PLC241321 | Previous |
Contact details
Kaze Energy Limited's registered office is in Hyderabad, Telangana. Its website is ilfsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThird Floor Block D Plot No.13 Sy. No. 64 Part Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Kaze Energy 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
Business activity
The main business activity of Kaze Energy is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Kaze Energy Limited, buy the company report.
Financials of Kaze Energy Limited
FY 2024 filings availableKaze Energy Limited reported revenue of ₹39.84 Cr (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 53% fall in the latest year. EBITDA fell 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.67 Cr | ||||
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| Net Profit (PAT) | -₹16.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 51.9% | ||||
| Net Profit Margin | -40.8% | ||||
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To see the full financial statements and ratios of Kaze Energy Limited, buy the company report.
Board of directors of Kaze Energy Limited
Kaze Energy has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Bala Ravi Shankar Dhurjati Also directs: Etesian Urja Limited, Op&E Management Limited, Ratedi Wind Power Private Limited and 5 more | Manager | 01 May 2023 | 3 Years 6 Months | Current |
| Saleem Basha Syed | Director | 05 Mar 2021 | 5 Years 8 Months | Current |
| Parveen Mittar Nanda Also directs: Greenko As01 Irep Private Limited, Greenko Br01 Irep Private Limited, Taranda Hydro Power Private Limited and 5 more | Director | 05 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Kaze Energy Limited is audited by Kumar & Giri, Chartered Accountants for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumar & Giri, Chartered Accountants | FY 2024 | 001584S |
Shareholding
The shareholding of Kaze Energy Limited is on record for 5 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 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kaze Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2022 | 100563652 | Idbi Trusteeship Services Limited | ₹290 Cr | Open | |
| 03 Jun 2023 | 100725970 | Idbi Trusteeship Services Limited | ₹800 Cr | Satisfied | |
| 15 Mar 2018 | 100161232 | Others | ₹291.1 Cr | Satisfied | |
| 15 Feb 2017 | 100083038 | Others | ₹331.5 Cr | Satisfied |
To see the full charge records of Kaze Energy Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Kaze Energy Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹86.16 Cr; the latest was in August 2019.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Orix Corporation Seller: Il&Fs Wind Energy Limited |
| Feb 2018 | Funding round | ₹3.16 Cr | Investors: Il&Fs Energy Development Company Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: IL&FS Renewable Enery Ltd & Anand Nair, IL&FS Renewable Energy Limited & Charmy Bhoot Seller: IL&FS Renewable Energy Limited & Ateesh Samant, IL&FS Renewable Energy Limited & Dipu Joy |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: IL&FS Renewable Energy Limited & Avinash bagul, IL&FS Renewable Energy Limited & Dipu Joy, IL&FS Renewable Energy Limited & Sandeep Hasurkar Seller: 4 individuals |
To see the full deal history of Kaze Energy 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
Kaze Energy Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Gujarat Urja Vikas Nigam Limited Deputy Engineer Sardar Patel Vidyut Bhavan, Race Course Circle, Vadodara ,Vadodara , Gujarat | Disposed |
To see the full case history of Kaze Energy 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
Kaze Energy Limited was last rated by Icra on 10 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 May 2022 |
To see the full credit ratings and regulatory alerts of Kaze Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kaze Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kaze Energy Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2025, across 1 active EPFO establishment.
GST
Kaze Energy has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV3910F1ZO | Gujarat | Active | 01 Jul 2017 |
| 27AAECV3910F1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kaze Energy Limited, buy the company report.
Recent activity
Kaze Energy Limited has 26 board changes on record since 2015: 3 appointments and 23 cessations. The latest: Venkata Bala Ravi Shankar Dhurjati ceased to be Additional Director on 27 Sep 2024.
26 earlier events are in the company report.
Frequently asked questions
Kaze Energy is an active public limited company based in Hyderabad, Telangana, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 25 March 2013 (13+ years old) and is registered under CIN U40300TG2013PLC159846.
Kaze Energy has 3 current directors:
- Saleem Basha Syed - Director
- Parveen Mittar Nanda - Director
- Venkata Bala Ravi Shankar Dhurjati - Manager
The latest financial statements of Kaze Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kaze Energy is 24AAECV3910F1ZO, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECV3910F1ZI (Maharashtra).
The CIN (Corporate Identification Number) of Kaze Energy is U40300TG2013PLC159846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaze Energy has 1 court case on record: 1 filed against it.
Kaze Energy was incorporated on 25 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Kaze Energy has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹86.16 Cr; the latest was in August 2019.
Venkata Bala Ravi Shankar Dhurjati ceased to be Additional Director on 27 Sep 2024. Venkata Bala Ravi Shankar Dhurjati was appointed as Manager on 01 May 2023. Srinivasarao Policherla ceased to be Manager on 16 Nov 2022. Kaze Energy has 26 board changes on record in total.
Kaze Energy can be reached through the website ilfsindia.com. Its registered office is in Hyderabad, Telangana, India.
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