About Ars Energy Private Limited
Data last updated:
Ars Energy Private Limited is a private limited company based in Gummidipundi, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 19 September 1990.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40100TN1990PTC032178. Its GSTIN is 33AAACA5351P1ZM (Tamil Nadu). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹41.1 Cr and a paid-up capital of ₹38.35 Cr. It was formerly known as A.R.S.Metals Private Limited and A.R.S.Metals Limited. It is led by directors including Ashwani Kumar (Managing Director) and Elumalai Sekar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 207 Eguvarpalayam Village Gummidipondi Tiruvallur, Gummidipundi, Tamil Nadu, India – 601201.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹49.49 Cr and EBITDA of -₹6.93 Cr (EBITDA margin -327.1%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 61% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹456.73 Cr and satisfied charges of ₹646.55 Cr on record. Court records list 106 cases involving the company, including 76 filed by the company and 30 filed against it; 6 cases are pending. The company has 20 deals on record (15 secondary share transfers, 5 funding rounds), with disclosed funding of ₹177.59 Cr; the latest was in March 2020. The company has 20 MSME Form 1 returns on record between 2017 and 2024, listing 37 overdue payments to 17 micro and small suppliers.
The last known website on record is arsgroup.in.
Company details
Name history
Ars Energy has undergone 2 name changes throughout its history. The company was previously known as A.R.S.Metals Private Limited, and A.R.S.Metals Limited. The current legal name is Ars Energy Private Limited.
| Company Name | Status |
|---|---|
| Ars Energy Private Limited | Current |
| A.R.S.Metals Private Limited | Previous |
| A.R.S.Metals Limited | Previous |
CIN history
Ars Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40100TN1990PTC032178, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100TN1990PTC032178 | Current |
| U27209TN1990PTC032178 | Previous |
| U27209TN1990PLC032178 | Previous |
Contact details
Ars Energy Private Limited's registered office is in Gummidipundi, Tamil Nadu. Its website is arsgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address207 Eguvarpalayam Village Gummidipondi Tiruvallur, Gummidipundi, Tamil Nadu, India – 601201
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Ars 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
Financials of Ars Energy Private Limited
FY 2024 filings availableArs Energy Private Limited reported revenue of ₹2.12 Cr (up 5305% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years. EBITDA rose 78% 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 | -₹6.93 Cr | ||||
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| Net Profit (PAT) | -₹49.49 Cr | ||||
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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 | -327.1% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Ars Energy Private Limited, buy the company report.
Board of directors of Ars Energy Private Limited
Ars Energy has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhuvaneshwari Ramanathan | Irp/Rp/Liquidator | 11 Mar 2025 | 1 Years 7 Months | As last reported |
| Ashwani Kumar | Managing Director | 19 Sep 1990 | 36 Years 1 Months | As last reported |
| Rajesh Bhatia Also directs: Leading Realty LLP, Ars Alliances LLP, Ars Steels & Alloy International Private Limited and 4 more | Director | 03 Oct 2022 | 4 Years 1 Months | As last reported |
| Elumalai Sekar | Whole-Time Director | 16 Feb 2017 | 9 Years 8 Months | As last reported |
Auditor
Ars Energy Private Limited is audited by A. Krishnamorrthy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. Krishnamorrthy & Co | FY 2023 | 001489S |
Shareholding
The shareholding of Ars Energy 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 Ars Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2022 | 100653557 | Canara Bank | ₹20.79 Cr | Open | |
| 02 Mar 2022 | 100540710 | Others | ₹5.67 Cr | Open | |
| 31 Jan 2022 | 100546305 | Hdfc Bank Limited | ₹1.02 Cr | Open | |
| 12 Jan 2022 | 100524371 | Canara Bank | ₹5.08 Cr | Open | |
| 22 Dec 2021 | 100516158 | State Bank of India | ₹5 Cr | Open |
To see the full charge records of Ars Energy Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Ars Energy Private Limited has 20 deals on record (15 secondary share transfers, 5 funding rounds), with disclosed funding of ₹177.59 Cr; the latest was in March 2020.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sakthi Auto Aucillary Private Limited, Tirupathi Yarntex Spinners Private Limited , Gomaathi Cotspin (Covai) Private Limited , an individual Seller: Pallava Spinning Mills Private Limited, Senniappan (NSP Knitting Mills), V.V.Titanium Pigments Private Limited |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Sathuragiri Softex India Private Limited , Senniappan (NSP Knitting Mills), Fathimuthu Amma Mills Private Limited Seller: The National Sewing Thread Company Limited , Pandian Textiles Mills Private Limited, Rajapalayam Mills Limited , an individual |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Keasr Textile Park India Private Limited, Asahi India Glass Limited , Gomaathi Cotspin (Covai) Private Limited , an individual Seller: Eveready Spinning Mills Private Limited, The Ramraju Surgical Cotton Mills Limited, Primegold Steel and Power Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Bannari Ammam Spinning Mill Limited, Eveready Spinning Mills Private Limited, The Ramraju Surgical Cotton Mills Limited, an individual Seller: Hatsun Agro Product Limited , Cheran Spinning Mills Private Limited , Rajapalayam Mills Limited |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: ARS Steels & Alloys International Private Limited, Primegold Steel and Power Limited , 2 individuals Seller: Vaishali Infratech Private Limited , Kaizen Capital Services Private Limited , Jahangirabad Finance Company Private Limited |
To see the full deal history of Ars 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
Ars Energy Private Limited has 106 court cases on record: 76 filed by Ars Energy, 30 filed against it. 6 cases are pending and 100 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 80 | 19 | 3 |
| District courts | 24 | 9 | 1 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 106)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Canara Bank and 4 others | Disposed |
| Madras High Court | Revision petition | Filed by the company against Canara Bank and 4 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Tamilnadu Transmission Corporation Ltd and 6 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Tamilnadu Transmission Corporation Ltd and 6 others | Disposed |
| Madras High Court | Petition | Filed by the company against M/S K.I International Ltd, Rep by Its Authorised Signatory Mr.V. Ravi | Disposed |
To see the full case history of Ars 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
Ars Energy Private Limited has 20 MSME Form 1 returns on record between 2017 and 2024, listing 37 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Engineering Specialities Pvt Ltd | |||
| Totale Global Private Limited | |||
| an individual supplier | |||
| Nehat Tech Solutions Private Limited | |||
| BP Associates |
To see the full MSME payment records of Ars Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ars Energy Private Limited has a workforce of 43 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ars Energy has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA5351P1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ars Energy Private Limited, buy the company report.
Recent activity
Ars Energy Private Limited has 12 board changes on record since 1990: 4 appointments and 8 cessations. The latest: Bhuvaneshwari Ramanathan was appointed as Irp/Rp/Liquidator on 11 Mar 2025.
64 earlier events are in the company report.
Frequently asked questions
Ars Energy is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ars Energy is a company under insolvency, formerly operating as a private limited company based in Gummidipundi, Tamil Nadu, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 19 September 1990 and is registered under CIN U40100TN1990PTC032178. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ars Energy has 4 current directors:
- Ashwani Kumar - Managing Director
- Elumalai Sekar - Whole-Time Director
- Rajesh Bhatia - Director
- Bhuvaneshwari Ramanathan - Irp/Rp/Liquidator
The latest financial statements of Ars Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ars Energy is U40100TN1990PTC032178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ars Energy has open charges of ₹456.73 Cr and satisfied charges of ₹646.55 Cr as per latest MCA filings.
Ars Energy has 106 court cases on record: 76 filed by the company and 30 filed against it. 6 are pending. Most are in the high courts.
Ars Energy was incorporated on 19 September 1990. It is registered with the Registrar of Companies, Chennai.
Ars Energy has 20 deals on record (15 secondary share transfers, 5 funding rounds), with disclosed funding of ₹177.59 Cr; the latest was in March 2020.
Bhuvaneshwari Ramanathan was appointed as Irp/Rp/Liquidator on 11 Mar 2025. Prem Dutt Bhatia ceased to be Director on 02 Jan 2023. Rajesh Bhatia was appointed as Director on 03 Oct 2022. Ars Energy has 12 board changes on record in total.
Ars Energy has 20 MSME Form 1 returns on record between 2017 and 2024, listing 37 overdue payments to 17 micro and small suppliers. The latest return was filed on 26 Apr 2024.
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