- Udyam number
- UDYAM-PB-15-0000469

About Malwa Power Private Limited
Data last updated:
Malwa Power Private Limited is a private limited company based in Faridabad, Haryana, India, a subsidiary of Dee Development Engineers Limited. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 07 January 2002 and has been in existence for over 24 years.
Its director Krishan Lalit Bansal and family are #872 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40107HR2002PTC067195. Its GSTIN is 03AADCM8029P1Z5 (Punjab).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.21 Cr. It is led by directors including Krishan Lalit Bansal (Managing Director) and Shruti Aggarwal.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1255 Sector – 14, Faridabad, Haryana, India – 121007.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.79 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.45 Cr (net margin 8.3%) and EBITDA of ₹7.57 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.98 Cr and satisfied charges of ₹17.95 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 9 deals on record (9 secondary share transfers); the latest was in September 2016.
Malwa Power Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-15-0000469). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deepiping.com.
Company details
CIN history
Malwa Power has one previous CIN (Corporate Identification Number): U40107DL2002PTC113715. The current CIN is U40107HR2002PTC067195, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40107HR2002PTC067195 | Current |
| U40107DL2002PTC113715 | Previous |
Recognitions & Rankings of Malwa Power
- #872 Krishan Lalit Bansal & family ₹3,400 Cr
Contact details
Malwa Power Private Limited's registered office is in Faridabad, Haryana. Its website is deepiping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1255 Sector – 14, Faridabad, Haryana, India – 121007
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Malwa 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
Business activity
The main business activity of Malwa Power 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 |
To see the full business activity and turnover split of Malwa Power Private Limited, buy the company report.
Financials of Malwa Power Private Limited
FY 2024 filings availableMalwa Power Private Limited reported revenue of ₹41.79 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 1% growth in the latest year. EBITDA fell 18% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.57 Cr | ||||
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| Net Profit (PAT) | ₹3.45 Cr | ||||
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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 | 18.1% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Malwa Power Private Limited, buy the company report.
Board of directors and KMP of Malwa Power Private Limited
Malwa Power Private Limited currently reports 3 directors and 2 key managerial personnel. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Aggarwal Also directs: Dee Development Engineers Limited, Dee Fabricom India Private Limited, Uprise Trade Solutions LLP and 1 more | Director | 26 Feb 2021 | 5 Years 8 Months | Current |
| Ashima Bansal Also directs: Dee Fabricom India Private Limited | Director | 11 Sep 2007 | 19 Years 2 Months | Current |
| Gaurav Narang | Cfo | 23 May 2016 | 10 Years 5 Months | Current |
| Krishan Lalit Bansal | Managing Director | 07 Jan 2002 | 24 Years 10 Months | Current |
| Ranjan Kumar Sarangi Also directs: Zyntheris Techsolutions Private Limited | Company Secretary | 28 May 2014 | 12 Years 5 Months | Current |
Auditor
Malwa Power Private Limited is audited by JKVS & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JKVS & Co. | FY 2021 | 318086E |
Shareholding
The shareholding of Malwa 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malwa Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2025 | 101105450 | Bank of India | ₹9.5 Lakh | Open | |
| 02 Dec 2024 | 101016656 | Bank of India | ₹1.75 Cr | Open | |
| 19 Jun 2023 | 100743557 | Bank of India | ₹1.75 Cr | Open | |
| 25 Nov 2022 | 100646248 | Bank of India | ₹89.6 Lakh | Open | |
| 16 Jul 2020 | 100372562 | Others | ₹1.78 Cr | Open |
To see the full charge records of Malwa Power Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Malwa Power Private Limited has 9 deals on record (9 secondary share transfers); the latest was in September 2016.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Dee Development Engineers Limited Seller: 4 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Dee Development Engineers Limited , an individual Seller: 3 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Dee Development Engineers Limited , an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Dee Development Engineers Limited Seller: PSM Engineers Private Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Dee Development Engineers Limited , an individual Seller: 4 individuals |
To see the full deal history of Malwa Power 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
Malwa Power Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Commercial suit | Filed against the company by Employee State Insurance Corporation | Pending |
To see the full case history of Malwa 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.
Credit ratings & regulatory alerts
Malwa Power Private Limited was last rated by Care on 30 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Sep 2022 |
To see the full credit ratings and regulatory alerts of Malwa Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Malwa Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Malwa Power Private Limited has a workforce of 77 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 77 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Malwa Power Private Limited, buy the company report.
GST
Malwa Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCM8029P1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malwa Power Private Limited, buy the company report.
Recent activity
Malwa Power Private Limited has 14 board changes on record since 2002: 5 appointments and 9 cessations. The latest: Shruti Aggarwal ceased to be Additional Director on 07 Oct 2021.
19 earlier events are in the company report.
Frequently asked questions
Malwa Power is an active private limited company based in Faridabad, Haryana, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 07 January 2002 (24+ years old) and is registered under CIN U40107HR2002PTC067195.
Malwa Power has 5 current directors and KMP:
- Krishan Lalit Bansal - Managing Director
- Shruti Aggarwal - Director
- Ashima Bansal - Director
- Gaurav Narang - Cfo
- Ranjan Kumar Sarangi - Company Secretary
The latest financial statements of Malwa Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Malwa Power is 03AADCM8029P1Z5, registered in Punjab.
The CIN (Corporate Identification Number) of Malwa Power is U40107HR2002PTC067195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malwa Power has 1 court case on record: 1 filed against it. 1 is pending.
Malwa Power was incorporated on 07 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Malwa Power has 9 deals on record (9 secondary share transfers); the latest was in September 2016.
Shruti Aggarwal ceased to be Additional Director on 07 Oct 2021. Shruti Aggarwal was appointed as Director on 26 Feb 2021. Atul Krishan Bansal ceased to be Director on 16 Nov 2020. Malwa Power has 14 board changes on record in total.
Yes, Malwa Power is registered as an MSME under Udyam registration (number: UDYAM-PB-15-0000469).

