
About Madhav Power Private Limited
Data last updated:
Madhav Power Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Msk Infrastructure Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40100GJ2010PTC059776.
The company has an authorised share capital of ₹1.68 Cr and a paid-up capital of ₹67.66 Lakh. It is led by directors including Chhatrasinh P Padhiar and Ashok Khurana Madhavdas.
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 is at Madhav House Nr. Panchratna Building Subhanpura, Vadodara, Gujarat, India – 390023.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹277.58 Cr and satisfied charges of ₹214.06 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹9.7 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhavcorp.com.
Company details
Contact details
Madhav Power Private Limited's registered office is in Vadodara, Gujarat. Its website is madhavcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMadhav House Nr. Panchratna Building Subhanpura, Vadodara, Gujarat, India – 390023
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Madhav Power 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 Madhav Power Private Limited
FY 2024 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Madhav Power Private Limited, buy the company report.
Board of directors of Madhav Power Private Limited
Madhav Power has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhatrasinh P Padhiar | Director | 21 Nov 2017 | 8 Years 11 Months | Current |
| Ashok Khurana Madhavdas Also directs: Madhav Infra Projects Limited, Mansha Textiles Pvt Ltd, Sainergy Industrial Products Private Limited and 5 more | Director | 14 May 2018 | 8 Years 5 Months | Current |
| Mangi Lal Singhi Also directs: MSK Real Estates Private Limited, D.A. Finvest Limited, Infinity Infrabuild Limited and 1 more | Director | 21 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Madhav Power Private Limited is audited by PARTH SHAH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARTH SHAH AND ASSOCIATES | FY 2023 | 173468 |
Shareholding
The shareholding of Madhav Power 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 2021 | FY 2020 | FY 2019 | FY 2018 |
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To see the full shareholding pattern of Madhav Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2022 | 100552630 | State Bank of India | ₹11 Cr | Open | |
| 23 Mar 2022 | 100553780 | Sbicap Trustee Company Limited | ₹11 Cr | Open | |
| 21 Sep 2020 | 100378681 | Sbicap Trustee Company Limited | ₹255.58 Cr | Open | |
| 16 Aug 2019 | 100280671 | State Bank of India | ₹8.21 Cr | Satisfied | |
| 16 Aug 2019 | 100280676 | State Bank of India | ₹14.35 Cr | Satisfied |
To see the full charge records of Madhav Power Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Madhav Power Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹9.7 Cr; the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: MSK Infrastructure Private Limited Seller: 2 individuals |
| Feb 2015 | Funding round | ₹9.7 Cr | Investors: Suncare Traders Limited |
| Mar 2012 | Acquisition | ₹33.46 Cr | Buyer: MSK Infrastructure Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Madhav Power Private Limited has 3 court cases on record: 3 filed by Madhav Power. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Income Tax Cent Cir 2(3) Ahmedabad | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Madhav Power 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 Madhav Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Madhav Power has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Waa Solar Limited | L40106GJ2009PLC076764 | |
| Kriscon Services Private Limited | U40104MH1996PTC100378 | |
| Madhav Confra Consultancy Private Limited | U74200GJ2010PTC060912 |
To see the full group structure of Madhav Power Private Limited, buy the company report.
GST
No GST registration is on our record for Madhav Power Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhav Power Private Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Ashok Khurana Madhavdas ceased to be Additional Director on 26 Sep 2018.
17 earlier events are in the company report.
News
Frequently asked questions
Madhav Power is an active private limited company based in Vadodara, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 March 2010 (16+ years old) and is registered under CIN U40100GJ2010PTC059776.
Madhav Power has 3 current directors:
- Chhatrasinh P Padhiar - Director
- Ashok Khurana Madhavdas - Director
- Mangi Lal Singhi - Director
The latest financial statements of Madhav Power 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.
The CIN (Corporate Identification Number) of Madhav Power is U40100GJ2010PTC059776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Power has 3 court cases on record: 3 filed by the company.
Madhav Power was incorporated on 06 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Madhav Power has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹9.7 Cr; the latest was in March 2018.
Ashok Khurana Madhavdas ceased to be Additional Director on 26 Sep 2018. Ashok Khurana Madhavdas was appointed as Director on 14 May 2018. Chhatrasinh P Padhiar was appointed as Director on 21 Nov 2017. Madhav Power has 8 board changes on record in total.
Madhav Power can be reached through the website madhavcorp.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Madhav Power is at Madhav House Nr. Panchratna Building Subhanpura, Vadodara, Gujarat, India – 390023.

