Athena Infraprojects Private Limited
About Athena Infraprojects Private Limited
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Athena Infraprojects Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 20 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40108DL2003PTC120409. Its GSTIN is 07AABCG9104F1ZW (Delhi).
The company has an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹1,011.64 Cr. It was formerly known as Aip Power Private Limited and Green Infrastructure Private Limited. It is led by directors Vijaya Bhaskar Meka and Sajja Naveen.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Front Side Third Floor Part Of Property No. E – 561 561 – A G.R. Plaza Palam Sector – 7, Dwarka, New Delhi, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.55 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹39.64 Cr and EBITDA of -₹39.51 Cr. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 72% over five years.
Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹5,367 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending. The company has 13 deals on record (6 secondary share transfers, 5 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹979.62 Cr; the latest was in December 2015.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Athena Infraprojects has undergone 2 name changes throughout its history. The company was previously known as Aip Power Private Limited, and Green Infrastructure Private Limited. The current legal name is Athena Infraprojects Private Limited.
| Company Name | Status |
|---|---|
| Athena Infraprojects Private Limited | Current |
| Aip Power Private Limited | Previous |
| Green Infrastructure Private Limited | Previous |
Contact details
Athena Infraprojects Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFront Side Third Floor Part Of Property No. E – 561 561 – A G.R. Plaza Palam Sector – 7, Dwarka, New Delhi, Delhi, India – 110075
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Athena Infraprojects 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 Athena Infraprojects 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 Athena Infraprojects Private Limited
FY 2024 filings availableAthena Infraprojects Private Limited reported revenue of ₹25.55 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 4% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹39.51 Cr | ||||
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| Net Profit (PAT) | -₹39.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Athena Infraprojects Private Limited, buy the company report.
Board of directors of Athena Infraprojects Private Limited
Athena Infraprojects has 2 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Bhaskar Meka Also directs: Coastal Infrastructure Private Limited, Kynshi Green Urja Private Limited, Eg Power Private Limited and 5 more | Director | 12 Apr 2021 | 5 Years 7 Months | Current |
| Sajja Naveen Also directs: Appl Power Private Limited, Chiron Infratech Private Limited, Athena Projects Private Limited and 5 more | Director | 12 Apr 2021 | 5 Years 7 Months | Current |
Auditor
Athena Infraprojects Private Limited is audited by D. DATTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. DATTA & ASSOCIATES | FY 2023 | 011249N |
Shareholding
The shareholding of Athena Infraprojects 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Athena Infraprojects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2015 | 10623280 | Power Finance Corporation Limited | ₹5,367 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Athena Infraprojects Private Limited has 13 deals on record (6 secondary share transfers, 5 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹979.62 Cr; the latest was in December 2015.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Revupolavaram Infrastructure Private Limited Seller: Viz Infra Consultants Private Limited |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Ifci Limited Seller: Viz Infra Consultants Private Limited |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Sainj Hydro Power Private Limited Seller: an individual |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Sainj Hydro Power Private Limited , Viz Infra Consultants Private Limited Seller: S. Narayan HUF, 2 individuals |
| Mar 2012 | Funding round | ₹315.27 Cr | Investors: Image Infra Pte Limited, Viz Infra Consultants Private Limited, Chiron Infratech Private Limited |
To see the full deal history of Athena Infraprojects 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
Athena Infraprojects Private Limited has 7 court cases on record: 2 filed by Athena Infraprojects, 5 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 1 | 1 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against M/S Athena Demwe Power Ltd and 1 other | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Ifci Limited(Ifci), Rep by Its Manager Sri Zubair Khan | Disposed |
| High Court, TELANGANA | Appeal | Filed by the company against Small Is Beautiful Fund and 4 Others and 4 others | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Small Is Beautiful Fund Trust | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed against the company by Small Is Beautiful Fund | Disposed |
To see the full case history of Athena Infraprojects 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 Athena Infraprojects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Athena Infraprojects has 7 subsidiary companies and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Athena Kynshi Power Private Limited | U40109DL2008PTC173228 | |
| Athena Emra Power Private Limited | U40109DL2008PTC174203 | |
| Lohit Urja Private Limited | U40200DL2009PTC196336 | |
| Appl Power Private Limited | U40300DL2009PTC188690 | |
| Athena Projects Private Limited | U74140DL2004PTC128120 | |
| Athena Energy Ventures Private Limited | U74210DL2007PTC160401 |
To see the full group structure of Athena Infraprojects Private Limited, buy the company report.
GST
Athena Infraprojects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCG9104F1ZW | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Athena Infraprojects Private Limited, buy the company report.
Recent activity
Athena Infraprojects Private Limited has 29 board changes on record since 2006: 2 appointments and 27 cessations. The latest: Sajja Naveen ceased to be Additional Director on 24 Nov 2021.
21 earlier events are in the company report.
Frequently asked questions
Athena Infraprojects is an active private limited company based in New Delhi, Delhi, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 20 May 2003 (23+ years old) and is registered under CIN U40108DL2003PTC120409.
Athena Infraprojects has 2 current directors:
- Vijaya Bhaskar Meka - Director
- Sajja Naveen - Director
The latest financial statements of Athena Infraprojects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Athena Infraprojects is 07AABCG9104F1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of Athena Infraprojects is U40108DL2003PTC120409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Athena Infraprojects has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Athena Infraprojects was incorporated on 20 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Athena Infraprojects has 13 deals on record (6 secondary share transfers, 5 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹979.62 Cr; the latest was in December 2015.
Sajja Naveen ceased to be Additional Director on 24 Nov 2021. Vijaya Bhaskar Meka ceased to be Additional Director on 24 Nov 2021. Ali Jaber Al Ahbabi ceased to be Director on 12 Apr 2021. Athena Infraprojects has 29 board changes on record in total.
The registered office of Athena Infraprojects is at Front Side Third Floor Part Of Property No. E – 561 561 – A G.R. Plaza Palam Sector – 7, Dwarka, New Delhi, Delhi, India – 110075.
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