Mega Suryaurja Private Limited
About Mega Suryaurja Private Limited
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Mega Suryaurja Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Susten Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40103MH2012PTC226016. Its GSTIN is 08AAHCM6684L1ZQ (Rajasthan).
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹17.43 Cr. It was formerly known as Mahindra Suryaurja Private Limited and Mahindra Suryaurjaprivate Limited. It is led by directors including Devjeet Ghosh and Niraj Bhupendrakumar Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.65 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹89.77 Cr (net margin -62.1%) and EBITDA of ₹127.43 Cr (EBITDA margin 88.1%).
As per MCA filings, the company has open charges of ₹888.08 Cr and satisfied charges of ₹940.12 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending. The company has 6 deals on record (2 rights issues, 2 secondary share transfers, 2 acquisitions); the latest was in January 2024. Its 4 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is Dhursar Solar Power Private Limited with revenue of ₹148.87 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Mega Suryaurja has undergone 2 name changes throughout its history. The company was previously known as Mahindra Suryaurja Private Limited, and Mahindra Suryaurjaprivate Limited. The current legal name is Mega Suryaurja Private Limited.
| Company Name | Status |
|---|---|
| Mega Suryaurja Private Limited | Current |
| Mahindra Suryaurja Private Limited | Previous |
| Mahindra Suryaurjaprivate Limited | Previous |
Contact details
Mega Suryaurja Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCowrks Ground Floor Winchester, South Avenue Road Downtown Powai, Mumbai, Maharashtra, India – 400076
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Mega Suryaurja 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 Mega Suryaurja 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 Mega Suryaurja Private Limited, buy the company report.
Financials of Mega Suryaurja Private Limited
FY 2025 filings availableMega Suryaurja Private Limited reported revenue of ₹144.65 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 2% in the latest 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 | ₹127.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹89.77 Cr | ||||
| Balance Sheet | |||||
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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 | 88.1% | ||||
| Net Profit Margin | -62.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mega Suryaurja Private Limited, buy the company report.
Board of directors of Mega Suryaurja Private Limited
Mega Suryaurja has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devjeet Ghosh Also directs: Emergent Solren Private Limited, Brightsolar Renewable Energy Private Limited, Megasolis Renewables Private Limited and 2 more | Director | 10 Jan 2024 | 2 Years 10 Months | Current |
| Niraj Bhupendrakumar Shah Also directs: Emergent Solren Private Limited, Brightsolar Renewable Energy Private Limited, Megasolis Renewables Private Limited and 2 more | Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Gaurav Malhotra Also directs: Emergent Solren Private Limited, Brightsolar Renewable Energy Private Limited, Megasolis Renewables Private Limited and 3 more | Director | 10 Jan 2024 | 2 Years 10 Months | Current |
Peer comparison
Mega Suryaurja Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhursar Solar Power Private Limited | ₹148.87 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Adani Solar Energy Ka Nine Private Limited | ₹148.75 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Vena Energy Solar India Power Resources Private Limited | ₹146.18 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| Mega Suryaurja Private Limitedthis company | ₹144.65 Cr (FY 2025) | -₹89.77 Cr | -62.1% | -2.0% | Mumbai, Maharashtra, India | |
| Rising Sun Energy (K) Private Limited | ₹143.95 Cr (FY 2025) | 464.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mega Suryaurja Private Limited, buy the company report.
Auditor
Mega Suryaurja Private Limited is audited by B. K. Khare & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Khare & Co. | FY 2022 | 105102W |
Shareholding
The shareholding of Mega Suryaurja Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mega Suryaurja Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101140067 | Axis Bank Limited | ₹18.35 Lakh | Open | |
| 28 Jun 2024 | 100942135 | Others | ₹887.9 Cr | Open | |
| 05 Aug 2024 | 100967657 | Axis Bank Limited | ₹12 Lakh | Satisfied | |
| 17 Nov 2021 | 100505861 | Others | ₹940 Cr | Satisfied |
To see the full charge records of Mega Suryaurja Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Mega Suryaurja Private Limited has 6 deals on record (2 rights issues, 2 secondary share transfers, 2 acquisitions); the latest was in January 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Sustainable Energy Infra Trust & Piyush Pannalal Jain, Sustainable Energy Infra Trust Seller: Mahindra Susten Private Limited & Brijbala Batwal, Mahindra Susten Private Limited |
| Dec 2021 | Acquisition | ₹85 Cr | Buyer: Mahindra Susten Private Limited |
| Dec 2019 | Acquisition | Undisclosed | Buyer: Mahindra Susten Private Limited Seller: Megasolis Renewables Private Limited |
| Mar 2019 | Rights issue | ₹5 Lakh | Investors: Megasolis Renewables Private Limited |
| Mar 2017 | Rights issue | ₹9 Lakh | Investors: Megasolis Renewables Private Limited |
To see the full deal history of Mega Suryaurja 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
Mega Suryaurja Private Limited has 6 court cases on record: 4 filed by Mega Suryaurja, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bikaner, Rajasthan | Civil suit | Filed against the company | Pending |
| High Court, RAJASTHAN | Appeal | Filed by the company against individuals | Disposed |
| High Court, RAJASTHAN | Court case (CSTAY) | Filed by the company against an individual | Disposed |
| High Court, RAJASTHAN | Revision petition | Filed by the company against individuals | Disposed |
| District court, Bikaner, Rajasthan | Civil miscellaneous application | Filed against the company | Disposed |
To see the full case history of Mega Suryaurja 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 Mega Suryaurja Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mega Suryaurja has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCM6684L1ZQ | Rajasthan | Active | 08 Jan 2020 |
To see the full GST registrations and return filing status of Mega Suryaurja Private Limited, buy the company report.
Recent activity
Mega Suryaurja Private Limited has 18 board changes on record since 2012: 3 appointments and 15 cessations. The latest: Devjeet Ghosh ceased to be Additional Director on 09 Aug 2024.
16 earlier events are in the company report.
Frequently asked questions
Mega Suryaurja is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 January 2012 (14+ years old) and is registered under CIN U40103MH2012PTC226016.
Mega Suryaurja has 3 current directors:
- Devjeet Ghosh - Director
- Niraj Bhupendrakumar Shah - Director
- Gaurav Malhotra - Director
The latest financial statements of Mega Suryaurja on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mega Suryaurja is 08AAHCM6684L1ZQ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Mega Suryaurja is U40103MH2012PTC226016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mega Suryaurja has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Mega Suryaurja was incorporated on 12 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mega Suryaurja has 6 deals on record (2 rights issues, 2 secondary share transfers, 2 acquisitions); the latest was in January 2024.
The peers of Mega Suryaurja by revenue are Dhursar Solar Power Private Limited, Adani Solar Energy Ka Nine Private Limited, Vena Energy Solar India Power Resources Private Limited, Rising Sun Energy (K) Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Devjeet Ghosh ceased to be Additional Director on 09 Aug 2024. Gaurav Malhotra ceased to be Additional Director on 09 Aug 2024. Niraj Bhupendrakumar Shah ceased to be Additional Director on 09 Aug 2024. Mega Suryaurja has 18 board changes on record in total.
The registered office of Mega Suryaurja is at Cowrks Ground Floor Winchester, South Avenue Road Downtown Powai, Mumbai, Maharashtra, India – 400076.
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