MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-01-0003114
Mei Power Private Limited - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹215.63 Cr
▲ 19% YoY
Net profit · FY 2025
₹20.68 Cr
Net margin 9.6%
EBITDA · FY 2025
₹28.97 Cr
EBITDA margin 13.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.21 Cr
Issued & subscribed
Open charges
₹72.5 Cr
Satisfied ₹60.67 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
36
Provident fund records
About Mei Power Private Limited
Data last updated:
Mei Power Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 January 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31102WB1984PTC037064. Its GSTIN is 09AABCT1567H2Z7 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.21 Cr. It was formerly known as The Marson'S Electrical Industries Private Limited and The Marson'S Electrical Industries Limited. It is led by directors including Neetu Jain and Nitin Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11th Floor Room No – 36 23A Netaji Subhash Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹215.63 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹20.68 Cr (net margin 9.6%) and EBITDA of ₹28.97 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 24% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.5 Cr and satisfied charges of ₹60.67 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it.
Mei Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-01-0003114). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marsonselectricals.com.
Company details
CIN U31102WB1984PTC037064
Registration Number 037064
Incorporation Date 05 January 1984
ROC Kolkata
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-01-0003114
Name history
Mei Power has undergone 2 name changes throughout its history. The company was previously known as The Marson's Electrical Industries Private Limited, and The Marson's Electrical Industries Limited. The current legal name is Mei Power Private Limited.
| Company Name | Status |
|---|---|
| Mei Power Private Limited | Current |
| The Marson's Electrical Industries Private Limited | Previous |
| The Marson's Electrical Industries Limited | Previous |
Recognitions & Rankings of Mei Power
Contact details
Mei Power Private Limited's registered office is in Kolkata, West Bengal. Its website is marsonselectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11th Floor Room No – 36 23A Netaji Subhash Road, Kolkata, West Bengal, India – 700001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Mei Power Private Limited, buy the company report.
Comprehensive company report
Mei Power Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Mei Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mei Power Private Limited, buy the company report.
Financials of Mei Power Private Limited
FY 2025 filings availableMei Power Private Limited reported revenue of ₹215.63 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹215.63 Cr ▲ 19%
Net profit · FY 2025
₹20.68 Cr margin 9.6%
EBITDA · FY 2025
₹28.97 Cr margin 13.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 69%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 120%
3 years · compounded
▲ 120%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 19% growth in the latest year. EBITDA rose 120% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.68 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mei Power Private Limited, buy the company report.
Board of directors of Mei Power Private Limited
Mei Power has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neetu Jain | Director | 25 Jul 2001 | 25 Years 3 Months | Current |
| Nitin Jain | Director | 25 Jul 2001 | 25 Years 3 Months | Current |
| Bimlesh Kumar Jain | Director | 05 Jan 1984 | 42 Years 10 Months | Current |
Peer comparison
Mei Power Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ojus Power & Technologies Private Limited | ₹218.88 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Sealwel Corporation Private Limited | ₹218.85 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Lakshmi Electrical Control Systems Limited | ₹217.85 Cr (FY 2025) | -37.0% | Coimbatore, Tamil Nadu, India | |||
| Mei Power Private Limitedthis company | ₹215.63 Cr (FY 2025) | ₹20.68 Cr | 9.6% | 19.0% | 36 | Kolkata, West Bengal, India |
| JJ PV Solar Limited | ₹212.1 Cr (FY 2025) | 57.0% | Rajkot, Gujarat, India | |||
| Mak Controls and Systems Private Limited | ₹206.83 Cr (FY 2025) | 3.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Mei Power Private Limited, buy the company report.
Shareholding
The shareholding of Mei 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 Mei Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹72.5 Cr
Satisfied charges
₹60.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2024 | 100882698 | Hdfc Bank Limited | ₹24 Cr | Open | |
| 20 Oct 2022 | 100628925 | Axis Bank Limited | ₹48.5 Cr | Open | |
| 29 Nov 2021 | 100506485 | Others | ₹1.67 Cr | Satisfied | |
| 29 Sep 2011 | 10315411 | Canara Bank | ₹7 Cr | Satisfied | |
| 20 Sep 2010 | 10245356 | Hdfc Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Mei Power Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Mei Power Private Limited has 11 court cases on record: 10 filed by Mei Power, 1 filed against it. All cases are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed by the company against Jaipur Vidyut Vitran Nigam Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by MMTC Ltd | Disposed |
| Calcutta High Court | Court case (FMA) | Filed by the company against West Bengal State Electricity Distribution Company Ltd&Anr | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against M.M.T.C Limited | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against U.P. Power Corporation Ltd. and Others | Disposed |
To see the full case history of Mei 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 Mei Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mei Power Private Limited has a workforce of 36 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
-2.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 36 |
| 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 Mei Power Private Limited, buy the company report.
GST
Mei Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCT1567H2Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mei Power Private Limited, buy the company report.
Recent activity
Mei Power Private Limited has 13 board changes on record since 1984: 8 appointments and 5 cessations. The latest: Nirmal Kumar Jain ceased to be Director on 13 Oct 2021.
AGM
Mei Power Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 48.50 Cr registered on 20 Oct 2022 with Charge ID 100628925 was modified on 19 Jul 2025.
Filing
Mei Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with Hdfc Bank Limited of Rs. 24.00 Cr registered on 06 Mar 2024 with Charge ID 100882698 was modified on 19 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.00 Cr with Charge ID 100882698 was registered on 06 Mar 2024.
Charges
A charge registered on 23 Jul 1985 via Charge ID 90253229 with Others was fully satisfied on 26 Apr 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 48.50 Cr with Charge ID 100628925 was registered on 20 Oct 2022.
Charges
A charge registered on 29 Nov 2021 via Charge ID 100506485 with Others was fully satisfied on 18 Jul 2022.
Charges
A charge with Others amounted to Rs. 1.67 Cr with Charge ID 100506485 was registered on 29 Nov 2021.
Ceased
Nirmal Kumar Jain ceased to be Director.
Charges
A charge with Others of Rs. 46.00 Cr registered on 23 Jul 1985 with Charge ID 90253229 was modified on 16 Aug 2021.
Ceased
Ratan Kumar Jain ceased to be Director.
17 earlier events are in the company report.
Frequently asked questions
Mei Power is an active private limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 January 1984 (42+ years old) and is registered under CIN U31102WB1984PTC037064.
Mei Power has 3 current directors:
- Neetu Jain - Director
- Nitin Jain - Director
- Bimlesh Kumar Jain - Director
The latest financial statements of Mei Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mei Power is 09AABCT1567H2Z7, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mei Power is U31102WB1984PTC037064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mei Power has 11 court cases on record: 10 filed by the company and 1 filed against it. Most are in the high courts.
Mei Power was incorporated on 05 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mei Power by revenue are Ojus Power & Technologies Private Limited, Sealwel Corporation Private Limited, Lakshmi Electrical Control Systems Limited, JJ PV Solar Limited, Mak Controls and Systems Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nirmal Kumar Jain ceased to be Director on 13 Oct 2021. Ratan Kumar Jain ceased to be Director on 30 Mar 2019. Swaroop Chand Jain ceased to be Director on 31 Aug 2016. Mei Power has 13 board changes on record in total.
Yes, Mei Power is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-01-0003114).
Mei Power can be reached through the website marsonselectricals.com. Its registered office is in Kolkata, West Bengal, India.
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