About Ner II Transmission Limited
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Ner II Transmission Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of India Grid Trust. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 21 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2015PLC279300. Its GSTIN is 07AAECN9109J1Z8 (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.32 Cr. It is led by directors including Meghana Pandit and Prasad Vasudev Paranjape.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No 28A Ground Floor, Omaxe Square Jasola New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹546.57 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹9.94 Cr (net margin -1.8%) and EBITDA of ₹510.11 Cr (EBITDA margin 93.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 343% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹750 Cr and satisfied charges of ₹2,200 Cr on record. Court records list 63 cases involving the company, including 17 filed by the company and 46 filed against it; 7 cases are pending. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 acquisition), with disclosed funding of ₹26.5 Cr; the latest was in March 2021. Its 5 peer companies in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 3 smaller; the largest is Essens Renewable Private Limited with revenue of ₹566.32 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indigrid.co.in.
Company details
CIN history
Ner II Transmission has one previous CIN (Corporate Identification Number): U40106DL2015GOI279300. The current CIN is U40106DL2015PLC279300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106DL2015PLC279300 | Current |
| U40106DL2015GOI279300 | Previous |
Contact details
Ner II Transmission Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered AddressShop No 28A Ground Floor, Omaxe Square Jasola New Delhi, Delhi, India – 110025
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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 Ner II Transmission 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 Ner II Transmission Limited, buy the company report.
Financials of Ner II Transmission Limited
FY 2025 filings availableNer II Transmission Limited reported revenue of ₹546.57 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 343% over five years, including 8% growth in the latest year. EBITDA rose 16% 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 | ₹510.11 Cr | ||||
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| Net Profit (PAT) | -₹9.94 Cr | ||||
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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 | 93.3% | ||||
| Net Profit Margin | -1.8% | ||||
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To see the full financial statements and ratios of Ner II Transmission Limited, buy the company report.
Board of directors of Ner II Transmission Limited
Ner II Transmission has 5 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meghana Pandit Also directs: East-North Interconnection Company Limited, Ner II Transmission Private Limited, Kallam Transmission Limited and 5 more | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Prasad Vasudev Paranjape | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
| Prabhakar Singh Also directs: East-North Interconnection Company Limited, Ner II Transmission Private Limited, Kallam Transmission Limited and 5 more | Director | 26 May 2021 | 5 Years 5 Months | Current |
| Abhay Kumar Also directs: Ner II Transmission Private Limited, Kallam Transmission Limited, Kallam Transmission Private Limited and 5 more | Director | 27 Jul 2023 | 3 Years 3 Months | Current |
| Ayush Goyal Also directs: East-North Interconnection Company Limited, Ner II Transmission Private Limited, Khargone Transmission Limited and 5 more | Director | 01 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Ner II Transmission Limited is compared with the 5 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), 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 |
|---|---|---|---|---|---|---|
| Essens Renewable Private Limited | ₹566.32 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Abja Power Private Limited | ₹561.13 Cr (FY 2024) | Hyderabad, Telangana, India | ||||
| Ner II Transmission Limitedthis company | ₹546.57 Cr (FY 2025) | -₹9.94 Cr | -1.8% | 8.0% | New Delhi, Delhi, India | |
| Enrich Energy Private Limited | ₹522.74 Cr (FY 2025) | 44.0% | Pune, Maharashtra, India | |||
| Adani Transmission Step-Seven Limited | ₹520.58 Cr (FY 2025) | 838.0% | Ahmedabad, Gujarat, India | |||
| Jyoti Structures Limited | ₹504.5 Cr (FY 2025) | 9.0% | Mumabi, Maharashtra, India |
To see the full peer comparison of Ner II Transmission Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2024 | 100879828 | Others | ₹750 Cr | Open | |
| 20 Jun 2019 | 100270288 | Others | ₹2,200 Cr | Satisfied |
To see the full charge records of Ner II Transmission Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ner II Transmission Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 acquisition), with disclosed funding of ₹26.5 Cr; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Acquisition | ₹4,625 Cr | Buyer: India Grid Trust Seller: Sterlite Grid 4 Limited |
| Jul 2020 | Funding round | ₹21 Cr | Investors: Sterlite Grid 4 Limited |
| Apr 2020 | Rights issue | ₹55 Cr | Investors: Sterlite Grid 4 Limited |
| Jan 2020 | Funding round | ₹5.5 Cr | Investors: Sterlite Grid 4 Limited |
| Sep 2019 | Rights issue | ₹125 Cr | Investors: Sterlite Grid 4 Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ner II Transmission Limited has 63 court cases on record: 17 filed by Ner II Transmission, 46 filed against it. 7 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 31 | 6 |
| High courts | 17 | 15 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4501-Telegraph & Telecom Laws : Telegraph & Telecom laws) | Filed by the company against individuals | Disposed |
| High Court of Tripura | Revision petition | Filed by the company against Tripura State Electricity Corporation Ltd. and 2 others | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Tata Projects Limited | Disposed |
| District court, Dhalai, Tripura | Court case (CivilMisc J) | Filed against the company | Pending |
| District court, West Tripura, Tripura | Court case (EX M) | Filed against the company by an individual | Pending |
To see the full case history of Ner II Transmission 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
Ner II Transmission Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 12 micro and small suppliers. 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Itilite Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| First Global Services Private Limited | |||
| Vinayak Industries |
To see the full MSME payment records of Ner II Transmission Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ner II Transmission has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECN9109J1Z8 | Delhi | Active | 01 Jul 2017 |
| 18AAECN9109J1Z5 | Assam | Active | 10 Aug 2017 |
| 16AAECN9109J1Z9 | Tripura | Active | 12 Aug 2017 |
| 12AAECN9109J1ZH | Arunachal Pradesh | Active | 02 Sep 2017 |
To see the full GST registrations and return filing status of Ner II Transmission Limited, buy the company report.
Recent activity
Ner II Transmission Limited has 24 board changes on record since 2017: 5 appointments and 19 cessations. The latest: . Ayush Goyal ceased to be Additional Director on 26 Sep 2023.
20 earlier events are in the company report.
News
Frequently asked questions
Ner II Transmission is an active public limited company based in New Delhi, Delhi, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 21 April 2015 (11+ years old) and is registered under CIN U40106DL2015PLC279300.
Ner II Transmission has 5 current directors:
- Meghana Pandit - Director
- Prasad Vasudev Paranjape - Director
- Prabhakar Singh - Director
- Abhay Kumar - Director
- Ayush Goyal - Director
The latest financial statements of Ner II Transmission on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ner II Transmission is 07AAECN9109J1Z8, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 18AAECN9109J1Z5 (Assam), 16AAECN9109J1Z9 (Tripura), 12AAECN9109J1ZH (Arunachal Pradesh).
The CIN (Corporate Identification Number) of Ner II Transmission is U40106DL2015PLC279300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ner II Transmission has 63 court cases on record: 17 filed by the company and 46 filed against it. 7 are pending. Most are in the district courts.
Ner II Transmission was incorporated on 21 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Ner II Transmission has 5 deals on record (2 rights issues, 2 funding rounds, 1 acquisition), with disclosed funding of ₹26.5 Cr; the latest was in March 2021.
The peers of Ner II Transmission by revenue are Essens Renewable Private Limited, Abja Power Private Limited, Enrich Energy Private Limited, Adani Transmission Step-Seven Limited, Jyoti Structures Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution).
. Ayush Goyal ceased to be Additional Director on 26 Sep 2023. Abhay Kumar was appointed as Director on 27 Jul 2023. Giriraj Ajmera ceased to be Additional Director on 27 Jul 2023. Ner II Transmission has 24 board changes on record in total.
Ner II Transmission has 10 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 12 micro and small suppliers. The latest return was filed on 17 Nov 2023.
Ner II Transmission can be reached through the website indigrid.co.in. Its registered office is in New Delhi, Delhi, India.