Kundan Hydro (Luni) Private Limited
About Kundan Hydro (Luni) Private Limited
Data last updated:
Kundan Hydro (Luni) Private Limited is a private limited company based in Palampur, Himachal Pradesh, India, a subsidiary of Kundan Green Energy Private Limited. It operates in the hydroelectric projects and water resources segment of the infrastructure and utilities sector. It was incorporated on 18 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40101HP2001PTC028999. Its GSTIN is 02AAACL9614Q2Z7 (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹1.26 Lakh. It is led by directors Shivani Jain and Ashish Kumar.
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 Near Chimbalhaar Home Stay Chimbalhaar P.O Geetapeeth, Palampur, Himachal Pradesh, India – 176061.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.31 Cr (net margin -240.9%) and EBITDA of ₹1.93 Lakh (EBITDA margin 1.4%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹19.82 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kundan Hydro (Luni) has one previous CIN (Corporate Identification Number): U40101HP2005PTC028999. The current CIN is U40101HP2001PTC028999, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101HP2001PTC028999 | Current |
| U40101HP2005PTC028999 | Previous |
Contact details
Kundan Hydro (Luni) Private Limited's registered office is in Palampur, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Chimbalhaar Home Stay Chimbalhaar P.O Geetapeeth, Palampur, Himachal Pradesh, India – 176061
- IndustryInfrastructure and Utilities, Hydroelectric Projects & Water Resources
To see the full contact details of Kundan Hydro (Luni) 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
Financials of Kundan Hydro (Luni) Private Limited
FY 2025 filings availableKundan Hydro (Luni) Private Limited reported revenue of ₹1.37 Cr (up 686850% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.31 Cr | ||||
| Balance Sheet | |||||
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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 | 1.4% | ||||
| Net Profit Margin | -240.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kundan Hydro (Luni) Private Limited, buy the company report.
Board of directors of Kundan Hydro (Luni) Private Limited
Kundan Hydro (Luni) has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivani Jain | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Ashish Kumar Also directs: Jal Shakti Power Projects LLP, Neer Hydro Power LLP, Kundan Hydro (Madkini) Private Limited and 5 more | Director | 03 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
Kundan Hydro (Luni) Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Hydro Projects), 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 |
|---|---|---|---|---|---|---|
| Raghupreet Hydro Projects Private Limited | ₹1.99 Cr (FY 2025) | 24.0% | Kulu, Himachal Pradesh, India | |||
| Saini Techno Constructs Private Limited | ₹1.81 Cr (FY 2025) | -27.0% | Punjab, India | |||
| Kundan Hydro (Luni) Private Limitedthis company | ₹1.37 Cr (FY 2025) | -₹3.31 Cr | -240.9% | 686850.0% | 8 | Palampur, Himachal Pradesh, India |
| Sidhwan Hydro Power Private Limited | ₹1.23 Cr (FY 2024) | 29.0% | Mohali, Punjab, India | |||
| Flax Hydro Energy Private Limited | ₹1.04 Cr (FY 2025) | 860.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Kundan Hydro (Luni) Private Limited, buy the company report.
Auditor
Kundan Hydro (Luni) Private Limited is audited by Maheshwari & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maheshwari & Associates | FY 2019 | 311008E |
Shareholding
The shareholding of Kundan Hydro (Luni) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kundan Hydro (Luni) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2013 | 10438048 | Central Bank of India | ₹15 Cr | Open | |
| 08 Jul 2009 | 10168346 | State Bank of India | ₹19.78 Cr | Satisfied | |
| 26 May 2009 | 10161927 | Punjab National Bank | ₹3.84 Lakh | Satisfied |
To see the full charge records of Kundan Hydro (Luni) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kundan Hydro (Luni) Private Limited has 11 court cases on record: 7 filed by Kundan Hydro (Luni), 4 filed against it. 4 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 3 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Himachal Pradesh State Electricity Board Limited | Disposed |
| High Court | Court case (CMP.M) | Filed against the company by Himachal Pradesh State Electricity Board Limited(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed against the company by Himachal Pradesh State Electricity Board Limited(Not Applicable) | Disposed |
| High Court | Appeal | Filed against the company by Himachal Pradesh State Electricity Board Limited(Not Applicable) | Disposed |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against The State of HP and Others | Pending |
To see the full case history of Kundan Hydro (Luni) 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
Kundan Hydro (Luni) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, 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 |
|---|---|---|---|
| Jaladhara Hydro Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Kundan Hydro (Luni) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kundan Hydro (Luni) Private Limited has a workforce of 8 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kundan Hydro (Luni) Private Limited, buy the company report.
GST
Kundan Hydro (Luni) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACL9614Q2Z7 | Himachal Pradesh | Active | 29 Jun 2023 |
To see the full GST registrations and return filing status of Kundan Hydro (Luni) Private Limited, buy the company report.
Recent activity
Kundan Hydro (Luni) Private Limited has 19 board changes on record since 2006: 2 appointments and 17 cessations. The latest: Ashish Kumar ceased to be Additional Director on 29 Sep 2025.
16 earlier events are in the company report.
Frequently asked questions
Kundan Hydro (Luni) is an active private limited company based in Palampur, Himachal Pradesh, India. The company works in hydroelectric projects and water resources, within the infrastructure and utilities industry. It was incorporated on 18 May 2001 (25+ years old) and is registered under CIN U40101HP2001PTC028999.
Kundan Hydro (Luni) has 2 current directors:
- Shivani Jain - Director
- Ashish Kumar - Director
The latest financial statements of Kundan Hydro (Luni) 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 Kundan Hydro (Luni) is 02AAACL9614Q2Z7, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Kundan Hydro (Luni) is U40101HP2001PTC028999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kundan Hydro (Luni) has 11 court cases on record: 7 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Kundan Hydro (Luni) was incorporated on 18 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Kundan Hydro (Luni) by revenue are Raghupreet Hydro Projects Private Limited, Saini Techno Constructs Private Limited, Sidhwan Hydro Power Private Limited, Flax Hydro Energy Private Limited, all in the Infrastructure industry (Hydro Projects), with the same principal business activity (electric power generation, transmission and distribution).
Ashish Kumar ceased to be Additional Director on 29 Sep 2025. Ashish Kumar was appointed as Director on 03 Dec 2024. Shivani Jain ceased to be Additional Director on 29 Sep 2024. Kundan Hydro (Luni) has 19 board changes on record in total.
Kundan Hydro (Luni) has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 Jun 2024.
The registered office of Kundan Hydro (Luni) is at Near Chimbalhaar Home Stay Chimbalhaar P.O Geetapeeth, Palampur, Himachal Pradesh, India – 176061.
Kundan Hydro (Luni) operates in the infrastructure and utilities industry, in the hydroelectric projects and water resources segment.
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