About Ge Vernova Hydro Power India Private Limited
Data last updated:
Ge Vernova Hydro Power India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of General Electric International(Benelux) B.V.. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 24 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U42201KA2007FTC044764. Its GSTIN is 29AABCL3929K2Z4 (Karnataka). The company holds 26 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹495.4 Cr and a paid-up capital of ₹493.69 Cr. It was formerly known as Lineage Power (India) Private Limited. It is led by directors including Kalpeshkumar Shah and Balmiki Shaligram Mishra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹535.84 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹47.39 Cr (net margin -8.8%) and EBITDA of ₹58 Lakh (EBITDA margin 0.1%).
Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in May 2014. Its 7 peer companies in the Power industry (EPC, BoP and BTG, Hydro Power, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Kirloskar Electric Company Limited with revenue of ₹551.57 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ge.com.
Company details
Name history
Ge Vernova Hydro Power India has undergone 2 name changes throughout its history. The company was previously known as Lineage Power (India) Private Limited, and Ge Vernova Hydro Power India Private Limited. The current legal name is Ge Vernova Hydro Power India Private Limited.
| Company Name | Status |
|---|---|
| Ge Vernova Hydro Power India Private Limited | Current |
| Lineage Power (India) Private Limited | Previous |
CIN history
Ge Vernova Hydro Power India has one previous CIN (Corporate Identification Number): U31200KA2007FTC044764. The current CIN is U42201KA2007FTC044764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U42201KA2007FTC044764 | Current |
| U31200KA2007FTC044764 | Previous |
Contact details
Ge Vernova Hydro Power India Private Limited's registered office is in Bangalore, Karnataka. Its website is ge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEpip 122 Phase II Whitefield Road, John F. Welch Technology Centre Hoodi Village, Bangalore, Karnataka, India – 560066
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
To see the full contact details of Ge Vernova Hydro Power India 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 Ge Vernova Hydro Power India Private Limited
FY 2025 filings availableGe Vernova Hydro Power India Private Limited reported revenue of ₹535.84 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA rose 102% 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 | ₹58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.39 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 | 0.1% | ||||
| Net Profit Margin | -8.8% | ||||
| 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 Ge Vernova Hydro Power India Private Limited, buy the company report.
Board of directors of Ge Vernova Hydro Power India Private Limited
Ge Vernova Hydro Power India has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpeshkumar Shah Also directs: Ge Renewable R&D India Private Limited | Director | 08 Apr 2024 | 2 Years 7 Months | Current |
| Balmiki Shaligram Mishra | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Vishal Jain | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Ge Vernova Hydro Power India Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Hydro Power, 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 |
|---|---|---|---|---|---|---|
| Kirloskar Electric Company Limited | ₹551.57 Cr (FY 2025) | -2.0% | Bengaluru, Karnataka, India | |||
| Mangal Electrical Industries Limited | ₹551.39 Cr (FY 2025) | 22.0% | Jaipur, Rajasthan, India | |||
| Hindusthan Insulators & Industries Limited | ₹548.43 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Amod Stampings Pvt Ltd | ₹541.52 Cr (FY 2025) | 10.0% | Vadodara, Gujarat, India | |||
| Ge Vernova Hydro Power India Private Limitedthis company | ₹535.84 Cr (FY 2025) | -₹47.39 Cr | -8.8% | -2.0% | Bangalore, Karnataka, India | |
| Man Structurals Private Limited | ₹534.94 Cr (FY 2025) | 20.0% | Jaipur, Rajasthan, India | |||
| Kraft Powercon India Limited | ₹532.69 Cr (FY 2024) | -10.0% | Pune, Maharashtra, India | |||
| Sawaria Pipes Private Limited | ₹530.48 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ge Vernova Hydro Power India Private Limited, buy the company report.
Auditor
Ge Vernova Hydro Power India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Ge Vernova Hydro Power India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ge Vernova Hydro Power India Private Limited, buy the company report.
Deals & funding
Ge Vernova Hydro Power India Private Limited has 1 deal on record (1 acquisition); the latest was in May 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Acquisition | ₹23.43 Cr | Buyer: Pace Digitek Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ge Vernova Hydro Power India Private Limited has 5 court cases on record: 1 filed by Ge Vernova Hydro Power India, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (FAT) | Filed against the company by M/S. Corroganon India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Tata Teleservices Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Ms. Corroganan India Pvt. Ltd. | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Thukral Transport Corp. | Disposed |
| High Court | Court case (Cr.M.P.) | Filed by the company against State Represented Through the Labour Enforcement Officer C Bhagalpur and Anr | Disposed |
To see the full case history of Ge Vernova Hydro Power India 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
Ge Vernova Hydro Power India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prakash & Thiagarajan |
To see the full MSME payment records of Ge Vernova Hydro Power India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ge Vernova Hydro Power India has 26 GST registrations: 7 active and 19 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL3929K2Z4 | Karnataka | Active | 25 Oct 2024 |
| 24AABCL3929K2ZE | Gujarat | Active | 24 Oct 2024 |
| 02AABCL3929K1ZL | Himachal Pradesh | Active | 12 Mar 2025 |
| 24AABCL3929K3ZD | Gujarat | Active | 12 Mar 2025 |
To see the full GST registrations and return filing status of Ge Vernova Hydro Power India Private Limited, buy the company report.
Recent activity
Ge Vernova Hydro Power India Private Limited has 26 board changes on record since 2008: 3 appointments and 23 cessations. The latest: Balmiki Shaligram Mishra ceased to be Additional Director on 29 Sep 2024.
17 earlier events are in the company report.
News
Frequently asked questions
Ge Vernova Hydro Power India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 24 December 2007 (19+ years old) and is registered under CIN U42201KA2007FTC044764.
Ge Vernova Hydro Power India has 3 current directors:
- Kalpeshkumar Shah - Director
- Balmiki Shaligram Mishra - Director
- Vishal Jain - Director
The latest financial statements of Ge Vernova Hydro Power India 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 Ge Vernova Hydro Power India is 29AABCL3929K2Z4, registered in Karnataka. The company has 26 GST registrations in all, of which 7 are active and 19 are cancelled or inactive. Other active GSTINs include 24AABCL3929K2ZE (Gujarat), 02AABCL3929K1ZL (Himachal Pradesh), 24AABCL3929K3ZD (Gujarat).
The CIN (Corporate Identification Number) of Ge Vernova Hydro Power India is U42201KA2007FTC044764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ge Vernova Hydro Power India has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Ge Vernova Hydro Power India was incorporated on 24 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Ge Vernova Hydro Power India has 1 deal on record (1 acquisition); the latest was in May 2014.
The peers of Ge Vernova Hydro Power India by revenue are Kirloskar Electric Company Limited, Mangal Electrical Industries Limited, Hindusthan Insulators & Industries Limited, Amod Stampings Pvt Ltd, Man Structurals Private Limited and 2 more, all in the Power industry (EPC, BoP and BTG, Hydro Power, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Balmiki Shaligram Mishra ceased to be Additional Director on 29 Sep 2024. Kalpeshkumar Shah ceased to be Additional Director on 29 Sep 2024. Kalpeshkumar Shah was appointed as Director on 08 Apr 2024. Ge Vernova Hydro Power India has 26 board changes on record in total.
Ge Vernova Hydro Power India has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 03 Nov 2023.
Ge Vernova Hydro Power India can be reached through the website ge.com. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
