Madhav Power Private Limited - Company Profile

Q: Who are the current directors of Madhav Power Private Limited?

The current directors of Madhav Power Private Limited are Chhatrasinh P Padhiar, Ashok Khurana Madhavdas, Mangi Lal Singhi.

It is a financial services private limited company based in Vadodara, Gujarat, India, established in 2010.

2010 Vadodara, Gujarat, India Active

Last Updated: January 06, 2026

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About Madhav Power Private Limited

Madhav Power Private Limited, a active private limited company, was established on 06 March 2010 in Vadodara, Gujarat, India. Engaging in diversified financial services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100GJ2010PTC059776. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.68 Cr and a paid-up capital of ₹6.77 M.

It upholds a compliant status. Its leadership includes Chhatrasinh P Padhiar (Director), Ashok Khurana Madhavdas (Director), Mangi Lal Singhi (Director). Past directors included Manju Ashok Khurana, Mohanan Shankaran Choran, Bindiya Ashok Khurana. It holds ₹277.58 Cr open charges and ₹214.06 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Madhav House Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, 390023.

Company Details

CIN/LLPIN
U40100GJ2010PTC059776
Registration Number
059776
Incorporation Date
06 March 2010
Authorized Capital
₹1.68 Cr
Paid-Up Capital
₹6.77 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.68 Cr as on 06-01-2026
Paid Up Capital ₹ 6.77 M as on 06-01-2026
Company Age 15 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 277.58 Cr as on 06-01-2026
Satisfied Charges ₹ 214.06 Cr as on 06-01-2026
Revenue Growth **** % (FY 2023)
Profit Growth **** -341.91% (FY 2023)
Ebitda **** -1852.50% (FY 2023)
Net Worth -0.02% (FY 2023)
Total Assets **** 0.44% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Madhav Power Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Madhav Power Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chhatrasinh P Padhiar	Director	21 Nov 2017	Current
Ashok Khurana Madhavdas	Director	14 May 2018	Current
Mangi Lal Singhi	Director	21 Nov 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	18 Jul 2016	Past
Pramod Abcsdd	Additional Director	26 Jun 2017	Past
Pramod Abcsdd	Additional Director	17 Mar 2016	Past
Pramod Abcsdd	Additional Director	26 Sep 2018	Past
Pramod Abcsdd	Director	27 Aug 2014	Past

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Financial Performance of Madhav Power.

Madhav Power Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 341.91% decrease in profit. The company's net worth dipped by a decrease of 0.02%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

*******

Revenue from Operations

*******

Total Assets

*******

0.44%

*******

Profit or Loss

*******

-341.91%

*******

Net Worth

*******

-0.02%

*******

EBITDA

*******

-1852.50%

*******

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What is the Ownership and Shareholding Structure of Madhav Power?

In 2023, Madhav Power had a promoter holding of 69.85% and a public holding of 30.16%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,775,800,000.00

Satisfied Charges

₹2,140,600,000.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 266.58 Cr
State Bank Of India : 11.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Mar 2022	State Bank Of India	₹11.00 Cr	Open
23 Mar 2022	Sbicap Trustee Company Limited	₹11.00 Cr	Open
21 Sep 2020	Sbicap Trustee Company Limited	₹255.58 Cr	Open
16 Aug 2019	State Bank Of India	₹8.21 Cr	Satisfied
16 Aug 2019	State Bank Of India	₹14.35 Cr	Satisfied

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How Many Employees Work at Madhav Power?

Unlock and access historical data on people associated with Madhav Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Madhav Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Madhav Power's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Madhav Power

Recent Activity within the Organization

Annual General Meeting

Progress on Madhav Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Charges

A charge with Sbicap Trustee Company Limited of Rs. 255.58 Cr registered on 21 Sep 2020 with Charge ID 100378681 was modified on 12 Sep 2024. was recorded as a recent event.
12 Sep 2024
Balance Sheet

Progress on Madhav Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.
31 Mar 2024
Charges

A charge with State Bank Of India amounted to Rs. 11.00 Cr with Charge ID 100552630 was registered on 23 Mar 2022. was recorded as a recent event.
23 Mar 2022
Charges

The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 11.00 Cr with Charge ID 100553780 was registered on 23 Mar 2022. was completed.
23 Mar 2022
Charges

Progress on A charge registered on 20 Dec 2017 via Charge ID 100147835 with Idbi Trusteeship Services Limited was fully satisfied on 31 May 2021. was documented.
31 May 2021

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