Mecpower Solutions Limited - Company Profile

Q: Who are the current directors of Mecpower Solutions Limited?

The current directors of Mecpower Solutions Limited are Manoj Narendrabhai Shah, Kanchanlal Nemchand Shah, Setul Kanchanlal Shah, Kiran Rajesh Mishra, Devansh Shah, Ashokkumar Jivaraj Chavda.

It is a energy and power public limited company based in Vadodara, Gujarat, India, established in 2016.

2016 Vadodara, Gujarat, India Active

Last Updated: December 23, 2025

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About Mecpower Solutions Limited

Mecpower Solutions Limited, a active public limited company, was established on 03 October 2016 in Vadodara, Gujarat, India. Engaging in bop & btg services within the trade sector, it holds CIN: U74999GJ2016PLC093940. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹7.05 Cr.

Formerly known as Mecpower Solutions Private Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Manoj Narendrabhai Shah (Director), Kanchanlal Nemchand Shah (Director), Setul Kanchanlal Shah (Director). Past directors included Kaustubh Jagdish Joshi, Bharat Vadilal Shah. It holds ₹105.64 Cr open charges and ₹15.48 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Fourth Floor, Office Number 02/03, Landmark, Nr. Priya Cinema, Sevasi Canal Road, Tp-02,, Vadodara, Gujarat, 391101.

Company Details

CIN/LLPIN
U74999GJ2016PLC093940
Registration Number
093940
Incorporation Date
03 October 2016
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹7.05 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 23-12-2025
Paid Up Capital ₹ 7.05 Cr as on 23-12-2025
Company Age 9 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 105.64 Cr as on 23-12-2025
Satisfied Charges ₹ 15.48 Cr as on 23-12-2025
Revenue Growth **** -45.07% (FY 2023)
Profit Growth **** -59.77% (FY 2023)
Ebitda **** -202.07% (FY 2023)
Net Worth 18.87% (FY 2023)
Total Assets **** 8.19% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mecpower Solutions 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 Mecpower Solutions Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manoj Narendrabhai Shah	Director	03 Oct 2016	Current
Kanchanlal Nemchand Shah	Director	03 Oct 2016	Current
Setul Kanchanlal Shah	Director	03 Oct 2016	Current
Kiran Rajesh Mishra	Director	21 Apr 2023	Current
Devansh Shah	Director	21 Apr 2023	Current
Ashokkumar Jivaraj Chavda	Additional Director	22 May 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	10 Feb 2023	Past
Pramod Abcsdd	Director	31 May 2025	Past

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Financial Performance of Mecpower Solutions.

Mecpower Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.07% decrease. The company also saw a substantial fall in profitability, with a 59.77% decrease in profit. The company's net worth Soared by an impressive increase of 18.87%.

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

********

-45.07%

*******

Revenue from Operations

*******

-44.94%

*******

Total Assets

*******

8.19%

*******

Profit or Loss

*******

-59.77%

*******

Net Worth

*******

18.87%

*******

EBITDA

*******

-202.07%

*******

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What is the Ownership and Shareholding Structure of Mecpower Solutions?

In 2023, Mecpower Solutions had a promoter holding of 78.00% and a public holding of 22.00%. The company had 1 Associate company. 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

₹1,056,440,000.00

Satisfied Charges

₹154,800,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 59.64 Cr
Axis Bank Limited : 40.00 Cr
Others : 6.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Oct 2025	Axis Bank Limited	₹40.00 Cr	Open
08 Aug 2025	Others	₹6.00 Cr	Open
09 Aug 2024	Hdfc Bank Limited	₹1.44 M	Open
22 Aug 2023	Hdfc Bank Limited	₹59.50 Cr	Open
09 Sep 2022	Axis Bank Limited	₹6.50 Cr	Satisfied

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How Many Employees Work at Mecpower Solutions?

Mecpower Solutions has a workforce of 1 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Mecpower Solutions, 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 Mecpower Solutions's trajectory.

Rating

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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 Mecpower Solutions

Recent Activity within the Organization

Charges

A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 101166736 was registered on 08 Oct 2025. was recorded as a recent event.
08 Oct 2025
Charges

Progress on A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 08 Oct 2025 with Charge ID 101166736 was modified on 08 Oct 2025. was documented.
08 Oct 2025
Charges

The activity A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101135850 was registered on 08 Aug 2025. was completed.
08 Aug 2025
Director Appointment

The activity Ashokkumar Jivaraj Chavda was appointed as a Additional Director was appointed as a Additional Director on 22 May 2025 & has been associated with this company since 9 months 9 days . was completed.
22 May 2025
Charges

The activity A charge with Hdfc Bank Limited of Rs. 59.50 Cr registered on 22 Aug 2023 with Charge ID 100788119 was modified on 06 May 2025. was completed.
06 May 2025
Annual General Meeting

Progress on Mecpower Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024

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