About Ind-Barath Thermal Power Limited
Data last updated:
Ind-Barath Thermal Power Limited is a public limited company based in Secunderabad, Telangana, India, a subsidiary of Ind-Barath Power Infra Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 03 January 2007.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40101TG2007PLC052232. Its GSTIN is 33AABCI6717L1ZH (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹358.11 Cr. It was formerly known as Ind-Barath Power (Karwar) Limited. It is led by directors including Deepak Maini (Irp/Rp/Liquidator) and Vissapragada Perraju.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H No. 8 – 5 – 210/43 Plot No 44 Shiva Enclave Old Bowenpally, Secunderabad, Telangana, India – 500011.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.1 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹126.29 Cr and EBITDA of -₹68.67 Cr. Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 64% over five years.
As per MCA filings, the company has open charges of ₹2,455.65 Cr and satisfied charges of ₹561.37 Cr on record. Court records list 83 cases involving the company, including 27 filed by the company and 56 filed against it; 16 cases are pending.
The last known website on record is ibpil.com.
Company details
CIN history
Ind-Barath Thermal Power has one previous CIN (Corporate Identification Number): U40101AP2007PLC052232. The current CIN is U40101TG2007PLC052232, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101TG2007PLC052232 | Current |
| U40101AP2007PLC052232 | Previous |
Contact details
Ind-Barath Thermal Power Limited's registered office is in Secunderabad, Telangana. Its website is ibpil.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH No. 8 – 5 – 210/43 Plot No 44 Shiva Enclave Old Bowenpally, Secunderabad, Telangana, India – 500011
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Ind-Barath Thermal 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 Ind-Barath Thermal 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 |
To see the full business activity and turnover split of Ind-Barath Thermal Power Limited, buy the company report.
Financials of Ind-Barath Thermal Power Limited
FY 2022 filings availableInd-Barath Thermal Power Limited reported revenue of ₹13.1 Lakh (down 32% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 32% fall in the latest year. EBITDA fell 897% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹68.67 Cr | ||||
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| Net Profit (PAT) | -₹126.29 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Ind-Barath Thermal Power Limited, buy the company report.
Board of directors of Ind-Barath Thermal Power Limited
Ind-Barath Thermal Power 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 |
|---|---|---|---|---|
| Vissapragada Perraju Also directs: Sriba Sea Base Private Limited, Raghu Rama Renewable Energy Limited, Prasad Bio Fuel Private Limited and 1 more | Additional Director | 16 Jun 2019 | 7 Years 4 Months | As last reported |
| Eluri Veera Swamy Also directs: Ind-Barath Energies Private Limited | Additional Director | 29 Oct 2020 | 5 Years 11 Months | As last reported |
| Deepak Maini Also directs: Asc Insolvency Services LLP, Kayval Vision Fund Private Limited | Irp/Rp/Liquidator | 04 Jul 2023 | 3 Years 3 Months | As last reported |
| Veeravenkata Satyanarayana Rao Vadlamani Also directs: Bharat Waterfront Private Limited, Sriba Sea Base Private Limited, Sriba Agro Limited and 2 more | Additional Director | 16 Jun 2019 | 7 Years 4 Months | As last reported |
Peer comparison
Ind-Barath Thermal Power Limited is compared with the 3 companies closest to it by revenue in the Power industry (Thermal Power Plants), 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 |
|---|---|---|---|---|---|---|
| Kotabagh Vinay Solar Private Limited | ₹15.54 Lakh (FY 2025) | 22.0% | Nainital, Uttarakhand, India | |||
| Ind-Barath Thermal Power Limitedthis company | ₹13.1 Lakh (FY 2022) | -₹126.29 Cr | -32.0% | Secunderabad, Telangana, India | ||
| Lanco Babandh Power Limited | ₹11.11 Lakh (FY 2018) | Hyderabad, Telangana, India | ||||
| Bses Kerala Power Limited | ₹10.74 Lakh (FY 2025) | -97.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Ind-Barath Thermal Power Limited, buy the company report.
Auditor
Ind-Barath Thermal Power Limited is audited by C RAMACHANDRAM & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C RAMACHANDRAM & CO | FY 2019 | 002864S |
Shareholding
The shareholding of Ind-Barath Thermal Power Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ind-Barath Thermal Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2017 | 100096773 | Others | ₹100 Cr | Open | |
| 08 Aug 2016 | 100071424 | Others | ₹941.8 Cr | Open | |
| 19 Dec 2013 | 10468579 | Canara Bank | ₹50 Cr | Open | |
| 13 Dec 2013 | 10467290 | Bank of India | ₹59.25 Cr | Open | |
| 23 Jul 2012 | 10373392 | Il & Fs Trust Company Limited | ₹300 Cr | Open |
To see the full charge records of Ind-Barath Thermal Power Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Ind-Barath Thermal Power Limited has 83 court cases on record: 27 filed by Ind-Barath Thermal Power, 56 filed against it. 16 cases are pending and 67 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 68 | 43 | 9 |
| NCLAT | 8 | 8 | 5 |
| NCLT | 3 | 2 | 0 |
| District courts | 2 | 2 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed against the company by Power Finance Corporation Limited and 2 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Axis Bank Limited and 10 others | Pending |
| Madras High Court | Appeal | Filed against the company by Il and FS Financial Services Ltd | Disposed |
| Madras High Court | Appeal | Filed by the company against Il and FS Financial Services Ltd and 3 others | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Ind-Barath Power Gencom Ltd | Disposed |
To see the full case history of Ind-Barath Thermal 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.
Credit ratings & regulatory alerts
Ind-Barath Thermal Power Limited was last rated by Care on 22 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Jun 2026 |
To see the full credit ratings and regulatory alerts of Ind-Barath Thermal Power Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ind-Barath Thermal Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ind-Barath Thermal Power has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI6717L1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ind-Barath Thermal Power Limited, buy the company report.
Recent activity
Ind-Barath Thermal Power Limited has 14 board changes on record since 2009: 4 appointments and 10 cessations. The latest: Deepak Maini was appointed as Irp/Rp/Liquidator on 04 Jul 2023.
22 earlier events are in the company report.
News
Frequently asked questions
Ind-Barath Thermal Power is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Ind-Barath Thermal Power is a company under liquidation, formerly operating as a public limited company based in Secunderabad, Telangana, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 03 January 2007 and is registered under CIN U40101TG2007PLC052232. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ind-Barath Thermal Power has 4 current directors:
- Vissapragada Perraju - Additional Director
- Eluri Veera Swamy - Additional Director
- Veeravenkata Satyanarayana Rao Vadlamani - Additional Director
- Deepak Maini - Irp/Rp/Liquidator
The latest financial statements of Ind-Barath Thermal Power on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ind-Barath Thermal Power is U40101TG2007PLC052232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ind-Barath Thermal Power has open charges of ₹2,455.65 Cr and satisfied charges of ₹561.37 Cr as per latest MCA filings.
Ind-Barath Thermal Power has 83 court cases on record: 27 filed by the company and 56 filed against it. 16 are pending. Most are in the high courts.
Ind-Barath Thermal Power was incorporated on 03 January 2007. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ind-Barath Thermal Power by revenue are Kotabagh Vinay Solar Private Limited, Lanco Babandh Power Limited, Bses Kerala Power Limited, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Deepak Maini was appointed as Irp/Rp/Liquidator on 04 Jul 2023. Vissapragada Perraju ceased to be Additional Director on 21 Dec 2022. Boppana Sowjanya ceased to be Additional Director on 29 Oct 2020. Ind-Barath Thermal Power has 14 board changes on record in total.
Ind-Barath Thermal Power can be reached through the website ibpil.com. Its registered office is in Secunderabad, Telangana, India.