MSPL Unit 2 Limited
About MSPL Unit 2 Limited
Data last updated:
MSPL Unit 2 Limited is a public limited company based in Pune, Maharashtra, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 22 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40106PN2020PLC197102.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Jyoti Prakash Mahapatra and Harshad Vijay Joshi.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net loss of ₹15.16 Lakh (net margin -13%) and EBITDA of ₹93.78 Lakh (EBITDA margin 80.7%).
As per MCA filings, the company has open charges of ₹5.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
MSPL Unit 2 has one previous CIN (Corporate Identification Number): U40106PN2020PTC197102. The current CIN is U40106PN2020PLC197102, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106PN2020PLC197102 | Current |
| U40106PN2020PTC197102 | Previous |
Contact details
MSPL Unit 2 Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
- IndustryEnergy, Electric Power Generation
To see the full contact details of MSPL Unit 2 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 MSPL Unit 2 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 MSPL Unit 2 Limited, buy the company report.
Financials of MSPL Unit 2 Limited
FY 2025 filings availableMSPL Unit 2 Limited reported revenue of ₹1.16 Cr (up 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 82% in the latest year. EBITDA rose 64% 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 | ₹93.78 Lakh | ||||
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| Net Profit (PAT) | -₹15.16 Lakh | ||||
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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 | 80.7% | ||||
| Net Profit Margin | -13% | ||||
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To see the full financial statements and ratios of MSPL Unit 2 Limited, buy the company report.
Board of directors of MSPL Unit 2 Limited
MSPL Unit 2 has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Prakash Mahapatra Also directs: MSPL Unit 3 Limited | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
| Harshad Vijay Joshi Also directs: MSPL Unit 6 Limited, Mitcon Power Trading Limited, Krishna Windfarms Developers Private Limited and 5 more | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Ankita Agarwal | Director | 23 May 2022 | 4 Years 5 Months | Current |
| Gaurav Vishvasrao Chaudhari Also directs: Krishna Windfarms Developers Private Limited, MSPL Unit 1 Limited, MSPL Unit 3 Limited and 3 more | Additional Director | 13 May 2025 | 1 Years 5 Months | Current |
Peer comparison
MSPL Unit 2 Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| DJ Solar Energy Private Limited | ₹1.17 Cr (FY 2025) | 359.0% | Chengalpattu, Tamil Nadu, India | |||
| Gurucharan Energy Private Limited | ₹1.17 Cr (FY 2025) | 24.0% | Jodhpur, Rajasthan, India | |||
| MSPL Unit 2 Limitedthis company | ₹1.16 Cr (FY 2025) | -₹15.16 Lakh | -13% | 82.0% | Pune, Maharashtra, India | |
| Aritri Enterprise Private Limited | ₹1.16 Cr (FY 2025) | 972.0% | Siliguri, West Bengal, India | |||
| Sani Cool Planet Initiatives Private Limited | ₹1.15 Cr (FY 2025) | 22.0% | Dehradun, Uttarakhand, India | |||
| NRR Power Solution Private Limited | ₹1.15 Cr (FY 2024) | -50.0% | Faridabad, Haryana, India | |||
| Mskvy Twentieth Solar Private Limited | ₹1.14 Cr (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of MSPL Unit 2 Limited, buy the company report.
Auditor
MSPL Unit 2 Limited is audited by J SINGH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SINGH & ASSOCIATES | FY 2021 | 110266W |
Shareholding
The shareholding of MSPL Unit 2 Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of MSPL Unit 2 Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2023 | 100783164 | Others | ₹5.4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MSPL Unit 2 Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MSPL Unit 2 Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MSPL Unit 2 Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
No GST registration is on our record for MSPL Unit 2 Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MSPL Unit 2 Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Jyoti Prakash Mahapatra ceased to be Additional Director on 20 Jul 2025.
Frequently asked questions
MSPL Unit 2 is an active public limited company based in Pune, Maharashtra, India. The company works in electric power generation, within the energy industry. It was incorporated on 22 December 2020 (6+ years old) and is registered under CIN U40106PN2020PLC197102.
MSPL Unit 2 has 4 current directors:
- Jyoti Prakash Mahapatra - Director
- Harshad Vijay Joshi - Director
- Ankita Agarwal - Director
- Gaurav Vishvasrao Chaudhari - Additional Director
The latest financial statements of MSPL Unit 2 on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of MSPL Unit 2 is U40106PN2020PLC197102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSPL Unit 2 was incorporated on 22 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of MSPL Unit 2 by revenue are DJ Solar Energy Private Limited, Gurucharan Energy Private Limited, Aritri Enterprise Private Limited, Sani Cool Planet Initiatives Private Limited, NRR Power Solution Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Jyoti Prakash Mahapatra ceased to be Additional Director on 20 Jul 2025. Gaurav Vishvasrao Chaudhari was appointed as Additional Director on 13 May 2025. Ram Dhondiba Mapari ceased to be Director on 13 May 2025. MSPL Unit 2 has 8 board changes on record in total.
The registered office of MSPL Unit 2 is at 1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.
MSPL Unit 2 operates in the energy industry, in the electric power generation segment.
MSPL Unit 2 has open charges of ₹5.4 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of MSPL Unit 2 is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.