Mounting Renewable Power Limited
About Mounting Renewable Power Limited
Data last updated:
Mounting Renewable Power Limited is a public limited company based in Delhi, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 27 May 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2022PLC399160. Its GSTIN is 24AAPCM8234L1ZY (Gujarat).
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹150.03 Cr. It is led by directors including Altaf Jiwani and Chintan Thaker.
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 2nd Flr Mira Corp Suites Plot N. 1&2 B Old Ishwar Nagar New Friends Colony, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.26 Cr (net margin 51.1%) and EBITDA of ₹2.6 Cr (EBITDA margin 58.9%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,593.32 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Mounting Renewable Power Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Flr Mira Corp Suites Plot N. 1&2 B Old Ishwar Nagar New Friends Colony, Delhi, India – 110065
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Mounting Renewable Power 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 Mounting Renewable 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 |
Financials of Mounting Renewable Power Limited
FY 2025 filings availableMounting Renewable Power Limited reported revenue of ₹4.42 Cr (up 2844% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹2.6 Cr | ||
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| Net Profit (PAT) | ₹2.26 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 58.9% | ||
| Net Profit Margin | 51.1% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Mounting Renewable Power Limited, buy the company report.
Board of directors of Mounting Renewable Power Limited
Mounting Renewable Power has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amita Sachin Karia Also directs: Konstelec Engineers Limited, Alna Trading and Exports Limited, Welspun Investments and Commercials Limited and 5 more | Additional Director | 26 Sep 2025 | 1 Years 1 Months | Current |
| Mala Arun Todarwal | Additional Director | 26 Sep 2025 | 1 Years 1 Months | Current |
| Altaf Jiwani | Director | 08 Feb 2024 | 2 Years 8 Months | Current |
| Chintan Thaker | Director | 02 Apr 2024 | 2 Years 7 Months | Current |
| Kapil Maheshwari Also directs: Welspun New Energy Private Limited, Welspun Girnar Renewable Private Limited, Tapi Renewable Private Limited and 5 more | Director | 02 Sep 2023 | 3 Years 2 Months | Current |
Peer comparison
Mounting Renewable Power Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| Dynavision Green Solutions Limited | ₹4.45 Cr (FY 2025) | 164.0% | Chennai, Tamil Nadu, India | |||
| New Era Enviro Ventures Private Limited | ₹4.44 Cr (FY 2024) | -4.0% | Hyderabad, Telangana, India | |||
| VMP Energy Private Limited | ₹4.43 Cr (FY 2024) | 22.0% | Coimbatore, Tamil Nadu, India | |||
| Mounting Renewable Power Limitedthis company | ₹4.42 Cr (FY 2025) | ₹2.26 Cr | 51.1% | 2844.0% | Delhi, India | |
| Sirwar Renewable Energy Private Limited | ₹4.4 Cr (FY 2025) | -10.0% | Hyderabad, Telangana, India | |||
| MKP Power Private Limited | ₹4.4 Cr (FY 2023) | -13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Mounting Renewable Power Limited, buy the company report.
Auditor
Mounting Renewable Power Limited is audited by SurekaAssociates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SurekaAssociates | FY 2023 | 110640W |
Shareholding
The shareholding of Mounting Renewable Power Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mounting Renewable Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 100991937 | Others | ₹1,593.32 Cr | Open |
To see the full charge records of Mounting Renewable Power Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mounting Renewable Power Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
To see the full case history of Mounting Renewable Power 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 Mounting Renewable Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mounting Renewable Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCM8234L1ZY | Gujarat | Active | 20 Jun 2022 |
To see the full GST registrations and return filing status of Mounting Renewable Power Limited, buy the company report.
Recent activity
Mounting Renewable Power Limited has 15 board changes on record since 2022: 10 appointments and 5 cessations. The latest: Prashant Jain ceased to be CFO on 11 Dec 2025.
8 earlier events are in the company report.
Frequently asked questions
Mounting Renewable Power is an active public limited company based in Delhi, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 27 May 2022 (4+ years old) and is registered under CIN U40300DL2022PLC399160.
Mounting Renewable Power has 5 current directors:
- Amita Sachin Karia - Additional Director
- Mala Arun Todarwal - Additional Director
- Altaf Jiwani - Director
- Chintan Thaker - Director
- Kapil Maheshwari - Director
The latest financial statements of Mounting Renewable Power 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 FY 2023 are in the company report.
The GSTIN of Mounting Renewable Power is 24AAPCM8234L1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Mounting Renewable Power is U40300DL2022PLC399160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mounting Renewable Power has 1 court case on record: 1 filed against it.
Mounting Renewable Power was incorporated on 27 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mounting Renewable Power by revenue are Dynavision Green Solutions Limited, New Era Enviro Ventures Private Limited, VMP Energy Private Limited, Sirwar Renewable Energy Private Limited, MKP Power Private Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Prashant Jain ceased to be CFO on 11 Dec 2025. Amita Sachin Karia was appointed as Additional Director on 26 Sep 2025. Mala Arun Todarwal was appointed as Additional Director on 26 Sep 2025. Mounting Renewable Power has 15 board changes on record in total.
The registered office of Mounting Renewable Power is at 2nd Flr Mira Corp Suites Plot N. 1&2 B Old Ishwar Nagar New Friends Colony, Delhi, India – 110065.
Mounting Renewable Power operates in the energy and power industry, in the power transmission and distribution services segment.
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