About MSPL Unit 3 Limited
Data last updated:
MSPL Unit 3 Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Mitcon Sun Power Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 23 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40109PN2020PLC197147. Its GSTIN is 27AAOCM1580E1ZD (Maharashtra).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.21 Cr. It is led by directors including Gaurav Vishvasrao Chaudhari and Ankita Agarwal.
Its last annual general meeting (AGM) was held on 22 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 ₹3.34 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹6.5 Lakh (net margin 1.9%) and EBITDA of ₹3.15 Cr (EBITDA margin 94.1%).
As per MCA filings, the company has open charges of ₹17.26 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitconindia.com.
CIN History of MSPL Unit 3 Limited
MSPL Unit 3 has one previous CIN (Corporate Identification Number): U40109PN2020PTC197147. The current CIN is U40109PN2020PLC197147, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109PN2020PLC197147 | Current |
| U40109PN2020PTC197147 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
- IndustryEnergy and Power, Power Transmission & Distribution Services, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of MSPL Unit 3 Limited
The main business activity of MSPL Unit 3 is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MSPL Unit 3 Limited FY 2025 filings available
MSPL Unit 3 Limited reported revenue of ₹3.34 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MSPL Unit 3 Limited
Revenue rose 48% in the latest year. EBITDA rose 48% 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 of MSPL Unit 3 Limited
| 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 | ₹3.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.5 Lakh | •••• | •••• | •••• | •••• |
| 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 of MSPL Unit 3 Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MSPL Unit 3 are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of MSPL Unit 3 Limited
MSPL Unit 3 has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Vishvasrao Chaudhari Also directs: MSPL Unit 2 Limited, Krishna Windfarms Developers Private Limited, MSPL Unit 1 Limited and 3 more | Director | 13 May 2025 | 1 Years 5 Months | Current |
| Ankita Agarwal | Director | 23 Dec 2020 | 5 Years 9 Months | Current |
| Harshad Vijay Joshi | Director | 23 Dec 2020 | 5 Years 9 Months | Current |
| Jyoti Prakash Mahapatra Also directs: MSPL Unit 2 Limited | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Peer Comparison of MSPL Unit 3 Limited
MSPL Unit 3 Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siwana Solar Power Project Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bhiwani, Haryana, India |
| Vanguard Energy Systems India Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | 270.0% | •••• | Hyderabad, Telangana, India |
| Sorion Solar Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Saimeg Infrastructure Private Limited | ₹3.34 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Radiance MH Solar Park Private Limited | ₹3.34 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| MSPL Unit 3 Limited this company | ₹3.34 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Pune, Maharashtra, India |
| 4Pel Distributed Solar Energy Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Secunderabad, Telangana, India |
| Sunsure Solarpark Twelve Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Amplus Solar Power MH Private Limited | ₹3.33 Cr (FY 2022) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Vensol (Bidar) Energy Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bidar, Karnataka, India |
| Veh Jayin Renewables Private Limited | ₹3.32 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below MSPL Unit 3 by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of MSPL Unit 3 Limited
MSPL Unit 3 Limited is audited by J Singh & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J Singh & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of MSPL Unit 3 Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MSPL Unit 3 Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2023 | Others | ₹17.26 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at MSPL Unit 3 Limited
MSPL Unit 3 Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MSPL Unit 3 Limited
MSPL Unit 3 Limited has 6 board changes on record since 2020: 5 appointments and 1 cessation. The latest: Gaurav Vishvasrao Chaudhari was appointed as Director on 13 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for MSPL Unit 3 Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MSPL Unit 3 Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MSPL Unit 3 Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MSPL Unit 3 Limited
MSPL Unit 3 has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM1580E1ZD | Maharashtra | Active | 01 May 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MSPL Unit 3 Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MSPL Unit 3 Limited
MSPL Unit 3 is an active public limited company based in Pune, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 23 December 2020 (6+ years old) and is registered under CIN U40109PN2020PLC197147.
MSPL Unit 3 reported revenue of ₹3.34 Cr for FY 2025 (up 48% YoY).
MSPL Unit 3 has 4 current directors:
- Gaurav Vishvasrao Chaudhari - Director
- Ankita Agarwal - Director
- Harshad Vijay Joshi - Director
- Jyoti Prakash Mahapatra - Director
MSPL Unit 3 reported a net profit of ₹6.5 Lakh (net margin 1.9%) and EBITDA of ₹3.15 Cr (EBITDA margin 94.1%) for FY 2025, as per its filed financial statements.
The GSTIN of MSPL Unit 3 is 27AAOCM1580E1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of MSPL Unit 3 is U40109PN2020PLC197147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSPL Unit 3 was incorporated on 23 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of MSPL Unit 3 by revenue are Siwana Solar Power Project Private Limited, Vanguard Energy Systems India Private Limited, Sorion Solar Private Limited, Saimeg Infrastructure Private Limited, Radiance MH Solar Park Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Gaurav Vishvasrao Chaudhari was appointed as Director on 13 May 2025. Ram Dhondiba Mapari ceased to be Director on 13 May 2025. Jyoti Prakash Mahapatra was appointed as Director on 19 Sep 2024. MSPL Unit 3 has 6 board changes on record in total.
MSPL Unit 3 can be reached through the website mitconindia.com. Its registered office is in Pune, Maharashtra, India.
The registered office of MSPL Unit 3 is at 1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.