About Mahan Energen Limited
Data last updated: 22 December 2025
Mahan Energen Limited is a public limited company based in Gandhinagar, Gujarat, India, a subsidiary of Essar Power Limited. It specialises in electric power generation, a part of the broader energy sector. Incorporated on 19 October 2005, the company has been in operation for over 21 years.
Registered with ROC Ahmedabad under CIN U40100GJ2005PLC147690.
Capital: an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹897 Cr. Formerly known as Essar Power M P Limited. It is led by directors including Shersingh Bhagwanaram Khyalia and Mehul Ganesh Rajput.
Last AGM: 25 June 2025. Financial statements filed for year ended 31 March 2025. Office: Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,219.97 Cr, a growth of 11% compared to the previous year.
It operates as a subsidiary of Essar Power Limited.
As per MCA filings, the company has open charges of ₹10,333 Cr and satisfied charges of ₹15,148 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essar.com.
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Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle, S. G. Highway Khodiyar, Gandhinagar, Gujarat, India – 382421
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IndustryEnergy, Electric Power Generation, Transmission And Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mahan Energen Limited
Mahan Energen Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40100GJ2005PLC147690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100GJ2005PLC147690 | Current |
| U40100MH2005PLC156845 | Previous |
| U40100DL2005PLC201961 | Previous |
Business Activity of Mahan Energen Limited
Mahan Energen Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Mahan Energen Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Board of Directors and KMP of Mahan Energen Limited
Mahan Energen Limited currently reports 5 directors and 1 key managerial person. 45 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shersingh Bhagwanaram Khyalia
Also directs:
Adani Power Limited
|
Director | 16 Mar 2022 | 4 Years 4 Months | Current |
| Mehul Ganesh Rajput | Additional Director | 09 Jul 2024 | 2 Years 0 Months | Current |
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Nishit Harshadrai Dave
Also directs:
Vidarbha Industries Power Limited, Moxie Power Generation Limited, Mahan Fuel Management Limited and 5 more
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Cfo | 12 Dec 2023 | 2 Years 7 Months | Current |
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Sunil Sheshmal Tokarawat
Also directs:
Adani Power Dahej Limited, Kutchh Power Generation Limited, Korba Power Limited and 2 more
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Director | 18 May 2024 | 2 Years 2 Months | Current |
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Sushama Ashvin Oza
Also directs:
Korba Power Limited, Wardha Solar (Maharashtra) Limited, Adani Renewable Energy (Rj) Limited and 5 more
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Director | 16 Mar 2022 | 4 Years 4 Months | Current |
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Kanti Biswas
Also directs:
Vidarbha Industries Power Limited, Moxie Power Generation Limited, Adani Power Dahej Limited and 4 more
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Additional Director | 30 Sep 2024 | 1 Years 9 Months | Current |
Financials of Mahan Energen Limited FY 2025 filings available
Mahan Energen Limited reported revenue of ₹4,219.97 Cr (up 11.00% YoY) for FY 2025.
Ten-year financial statements for Mahan Energen Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Charges & Borrowings of Mahan Energen Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2025 | Idbi Trusteeship Services Limited | ₹210.52 Cr | Open |
| 26 Sep 2024 | Idbi Trusteeship Services Limited | ₹1,415 Cr | Open |
| 20 Jun 2023 | Idbi Trusteeship Services Limited | ₹8,707.6 Cr | Open |
| 20 Mar 2024 | State Bank of India | ₹422.37 Cr | Satisfied |
| 16 Mar 2022 | Idbi Trusteeship Services Limited | ₹1,900 Cr | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Mahan Energen Limited
View historical data on people associated with Mahan Energen Limited, including employment history and EPFO contributions.
Employee and EPFO history for Mahan Energen Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Mahan Energen Limited
GST registrations and filing compliance for Mahan Energen Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mahan Energen Limited
Credit ratings, litigation, and regulatory alerts for Mahan Energen Limited
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- Rating history
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MSME Payment Delays by Mahan Energen Limited
MSME payment history for Mahan Energen Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Mahan Energen Limited
Corporate group structure for Mahan Energen Limited
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MCA Filings & Documents of Mahan Energen Limited
MCA filings and documents for Mahan Energen Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Mahan Energen Limited
Recent News on Mahan Energen Limited
Frequently Asked Questions about Mahan Energen Limited
Mahan Energen Limited is an active public limited company in the energy sector based in Gandhinagar, Gujarat, India. It was incorporated on 19 October 2005 (21+ years old) and is registered under CIN U40100GJ2005PLC147690.
Mahan Energen Limited reported revenue of ₹4,219.97 Cr for FY 2025 (up 11.00% YoY).
The current directors and KMP of Mahan Energen Limited are:
- Shersingh Bhagwanaram Khyalia - Director
- Mehul Ganesh Rajput - Additional Director
- Nishit Harshadrai Dave - Cfo
- Sunil Sheshmal Tokarawat - Director
- Sushama Ashvin Oza - Director
- Kanti Biswas - Additional Director
The primary industry of Mahan Energen Limited is energy. The company specifically operates in electric power generation. The company is currently active in this sector.
Mahan Energen Limited can be reached at the registered office: Adani Corporate House Shantigram Near Vaishno Devi Circle, S. G. Highway Khodiyar, Gandhinagar, Gujarat, India – 382421, or through the website essar.com.
The authorised capital is ₹10,000 Cr, and the paid-up capital is ₹897 Cr.