- #1,277 H. Noor Ahmed & family ₹1,800 Cr

About Minera Green Energy Private Limited
Data last updated:
Minera Green Energy Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 23 June 2003 and has been in existence for over 23 years.
Its director H. Noor Ahmed and family are #1,277 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40101KA2003PTC032141. Its GSTIN is 29AABCL0279L1Z6 (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.27 Cr. It was formerly known as Limbavali Power Private Limited. It is led by directors including Hothur Noor Ahmed (Managing Director) and Nafisa Noor.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.3 Lakh (net margin -1.9%) and EBITDA of ₹2.66 Cr (EBITDA margin 55.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹89.59 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹13.97 Cr; the latest was in August 2010.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mineragroup.com.
Company details
Recognitions & Rankings of Minera Green Energy
Contact details
Minera Green Energy Private Limited's registered office is in Bangalore, Karnataka. Its website is mineragroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.6 'Prestige Minera' Building 3rd Floor Main Guard Cross Road Shivaj, Inagar, Bangalore, Karnataka, India – 560001
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Minera Green Energy 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 Minera Green Energy is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Minera Green Energy Private Limited, buy the company report.
Financials of Minera Green Energy Private Limited
FY 2025 filings availableMinera Green Energy Private Limited reported revenue of ₹4.79 Cr (up 370% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 370% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 264% 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 | ₹2.66 Cr | ||||
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| Net Profit (PAT) | -₹9.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 55.6% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Minera Green Energy Private Limited, buy the company report.
Board of directors of Minera Green Energy Private Limited
Minera Green Energy has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hothur Noor Ahmed | Managing Director | 02 Aug 2010 | 16 Years 3 Months | Current |
| Nafisa Noor | Director | 02 Aug 2010 | 16 Years 3 Months | Current |
| Tumbalam Gooty Aswathanarayana | Director | 01 Oct 2012 | 14 Years 1 Months | Current |
| Sakina Basith Also directs: Breadible Foods Private Limited | Director | 07 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Minera Green Energy Private Limited is audited by Singhvi Dev and Unni LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi Dev and Unni LLP | FY 2024 | 003867S/S200358/LLPIN AAP-3305 |
Shareholding
The shareholding of Minera Green Energy Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Minera Green Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2010 | 10257487 | Axis Bank | ₹43.5 Cr | Satisfied | |
| 17 Jul 2008 | 10119848 | Allahabad Bank | ₹3.25 Cr | Satisfied | |
| 17 Aug 2006 | 10020169 | Andhra Bank | ₹42.84 Cr | Satisfied |
To see the full charge records of Minera Green Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Minera Green Energy Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹13.97 Cr; the latest was in August 2010.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Apr 2007 | Funding round | ₹2.83 Cr | Investors: 4 individuals |
| Mar 2006 | Funding round | ₹7.14 Cr | Investors: 2 individuals |
| Feb 2005 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Minera Green Energy 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
Minera Green Energy Private Limited has 3 court cases on record: 2 filed by Minera Green Energy, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S Leo Meridian Infrastructure Projects and Hotels Limited, | Pending |
| High Court | Writ petition | Filed by the company against State of Karnataka and 7 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka | Disposed |
To see the full case history of Minera Green Energy 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 Minera Green Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minera Green Energy Private Limited has a workforce of 20 employees on its EPFO records as of Aug 21, 2025, across 1 active EPFO establishment.
GST
Minera Green Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL0279L1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minera Green Energy Private Limited, buy the company report.
Recent activity
Minera Green Energy Private Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Srinivas Rao Prodduturi ceased to be Director on 30 Sep 2015.
10 earlier events are in the company report.
Frequently asked questions
Minera Green Energy is an active private limited company based in Bangalore, Karnataka, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 23 June 2003 (23+ years old) and is registered under CIN U40101KA2003PTC032141.
Minera Green Energy has 4 current directors:
- Hothur Noor Ahmed - Managing Director
- Nafisa Noor - Director
- Tumbalam Gooty Aswathanarayana - Director
- Sakina Basith - Director
The latest financial statements of Minera Green Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Minera Green Energy is 29AABCL0279L1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Minera Green Energy is U40101KA2003PTC032141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minera Green Energy has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Minera Green Energy was incorporated on 23 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Minera Green Energy has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹13.97 Cr; the latest was in August 2010.
Srinivas Rao Prodduturi ceased to be Director on 30 Sep 2015. Tumbalam Gooty Aswathanarayana was appointed as Director on 01 Oct 2012. Nikhath Noor ceased to be Additional Director on 30 Sep 2010. Minera Green Energy has 11 board changes on record in total.
Minera Green Energy can be reached through the website mineragroup.com. Its registered office is in Bangalore, Karnataka, India.

