Kut Energy Private Limited
About Kut Energy Private Limited
Data last updated:
Kut Energy Private Limited is a private limited company based in Rampur Bushahr, Himachal Pradesh, India, a subsidiary of Kut Investments Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 25 May 2007.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40101HP2007PTC030745. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹38.35 Cr and a paid-up capital of ₹38.24 Cr. It is led by directors including Amit Kumar Modi and Harman Jit Singh (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Kaith House Near H.S. Khaneri Petrol Pump Tehsil Rampur Bushahr, Himachal Pradesh, India – 172001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.48 Lakh. For the same year it recorded a net loss of ₹269.19 Cr and EBITDA of -₹268.93 Cr.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹261.59 Cr on record. Court records list 38 cases involving the company, including 25 filed by the company and 13 filed against it; 5 cases are pending. The company has 11 deals on record (8 funding rounds, 3 secondary share transfers), with disclosed funding of ₹119.86 Cr; the latest was in January 2018. Its 4 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is Green Basin Hydro Power Private Limited with revenue of ₹1.77 Lakh.
Company details
Contact details
Kut Energy Private Limited's registered office is in Rampur Bushahr, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKaith House Near H.S. Khaneri Petrol Pump Tehsil Rampur Bushahr, Himachal Pradesh, India – 172001
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Kut Energy 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
Business activity
The main business activity of Kut 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 |
Financials of Kut Energy Private Limited
FY 2019 filings availableKut Energy Private Limited reported revenue of ₹1.48 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹268.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹269.19 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Kut Energy Private Limited, buy the company report.
Board of directors of Kut Energy Private Limited
Kut Energy has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Modi | Director | 11 Mar 2015 | 11 Years 7 Months | As last reported |
| Harman Jit Singh Also directs: SVG Professionals LLP | Irp/Rp/Liquidator | 16 Sep 2023 | 3 Years 1 Months | As last reported |
| Anil Kumar Sharma | Director | 10 Feb 2011 | 15 Years 8 Months | As last reported |
| Rupesh Kumar Gupta | Director | 23 Feb 2011 | 15 Years 8 Months | As last reported |
Peer comparison
Kut Energy Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Hydro 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 |
|---|---|---|---|---|---|---|
| Green Basin Hydro Power Private Limited | ₹1.77 Lakh (FY 2025) | 2.0% | Manali, Himachal Pradesh, India | |||
| Athena Emra Power Private Limited | ₹1.63 Lakh (FY 2025) | -93.0% | New Delhi, Delhi, India | |||
| J K Renewable Energy Private Limited | ₹1.62 Lakh (FY 2025) | 21.0% | Jammu, Jammu and Kashmir, India | |||
| Kut Energy Private Limitedthis company | ₹1.48 Lakh (FY 2019) | -₹269.19 Cr | 4 | Rampur Bushahr, Himachal Pradesh, India | ||
| Puissance De L'eau Power Systems Private Limited | ₹1.11 Lakh (FY 2025) | -96.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Kut Energy Private Limited, buy the company report.
Auditor
Kut Energy Private Limited is audited by VIJAY SAINI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY SAINI & ASSOCIATES | FY 2018 | 016040N |
Shareholding
The shareholding of Kut Energy Private 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 Kut Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2015 | 10598521 | Consortium Punjab National Bank-Corporation Bank-Central Bank of India | ₹33.59 Cr | Open | |
| 12 Nov 2014 | 10532173 | Consortium Punjab National Bank-Corporation Bank-Central Bank of India | ₹22.5 Cr | Open | |
| 27 Sep 2013 | 10451292 | Consortium Punjab National Bank-Corporation Bank-Central Bank of India | ₹20.6 Cr | Open | |
| 31 Oct 2012 | 10388377 | Punjab National Bank | ₹22.4 Cr | Open | |
| 12 May 2010 | 10219521 | Punjab National Bank | ₹22.5 Cr | Open |
To see the full charge records of Kut Energy Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Kut Energy Private Limited has 11 deals on record (8 funding rounds, 3 secondary share transfers), with disclosed funding of ₹119.86 Cr; the latest was in January 2018.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Funding round | ₹1.58 Cr | Investors: Chandigarh Distillers and Bottlers Limited |
| Mar 2016 | Funding round | ₹8.06 Cr | Investors: Chandigarh Distillers and Bottlers Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Highway Holdings Limited Seller: Kut Investments Private Limited |
| Jun 2014 | Funding round | ₹29.53 Cr | Investors: Chandigarh Distillers and Bottlers Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Kut Investments Private Limited Seller: Highway Holdings Limited, Kut Non Conventional Energy Private Limited |
To see the full deal history of Kut 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
Kut Energy Private Limited has 38 court cases on record: 25 filed by Kut Energy, 13 filed against it. 5 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 2 | 3 |
| Supreme Court | 9 | 4 | 0 |
| District courts | 8 | 6 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Arbitration matter | Filed against the company by Andritz Hydro Pvt. Ltd. | Disposed |
| District court, Kinnaur, Himachal Pradesh | Appeal | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against State(Not Applicable) | Pending |
| High Court | Writ petition | Filed by the company against State(Not Applicable) | Pending |
To see the full case history of Kut 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kut Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kut Energy Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kut Energy has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kut Energy Private Limited, buy the company report.
Recent activity
Kut Energy Private Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: Harman Jit Singh was appointed as Irp/Rp/Liquidator on 16 Sep 2023.
14 earlier events are in the company report.
Frequently asked questions
Kut Energy is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kut Energy is a company under liquidation, formerly operating as a private limited company based in Rampur Bushahr, Himachal Pradesh, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 25 May 2007 and is registered under CIN U40101HP2007PTC030745. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kut Energy has 4 current directors:
- Amit Kumar Modi - Director
- Anil Kumar Sharma - Director
- Rupesh Kumar Gupta - Director
- Harman Jit Singh - Irp/Rp/Liquidator
The latest financial statements of Kut Energy on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kut Energy is U40101HP2007PTC030745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kut Energy has open charges of ₹261.59 Cr and no satisfied charges on record as per latest MCA filings.
Kut Energy has 38 court cases on record: 25 filed by the company and 13 filed against it. 5 are pending. Most are in the high courts.
Kut Energy was incorporated on 25 May 2007. It is registered with the Registrar of Companies, Himachal Pradesh.
Kut Energy has 11 deals on record (8 funding rounds, 3 secondary share transfers), with disclosed funding of ₹119.86 Cr; the latest was in January 2018.
The peers of Kut Energy by revenue are Green Basin Hydro Power Private Limited, Athena Emra Power Private Limited, J K Renewable Energy Private Limited, Puissance De L'eau Power Systems Private Limited, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Harman Jit Singh was appointed as Irp/Rp/Liquidator on 16 Sep 2023. Shivam Sharma ceased to be Company Secretary on 09 Jul 2019. Suratkal Devaraya Kamath ceased to be Director on 23 Oct 2017. Kut Energy has 15 board changes on record in total.