About Nordex India Private Limited
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Nordex India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Nordex Energy Internacional Slu. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29253TN2015PTC184205. Its GSTIN is 33AANCA5590P2ZZ (Tamil Nadu). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹330 Cr and a paid-up capital of ₹321.26 Cr. It was formerly known as Acciona Windpower India Private Limited. It is led by directors including Dharmala Venkata Ramana Murthy (Officer In Default) and Miguel Angel Vallejo Garcia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 51 Rattha Tek Meadows Tower B Flr 1, Old Mahabalipuram Rd Chennai, Tamil Nadu, India – 600119.
As per the financials filed for FY 2024, the company reported a revenue of ₹3,004.56 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹16.31 Cr (net margin 0.5%) and EBITDA of ₹77.97 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 51% over five years.
The company has about 206 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85 Cr on record. Court records list 69 cases involving the company, including 24 filed by the company and 45 filed against it; 16 cases are pending. The company has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.19 Cr; the latest was in March 2020. Its 5 peer companies in the Power industry (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 1 smaller; the largest is Vikram Solar Limited with revenue of ₹3,459.53 Cr. The company has 36 MSME Form 1 returns on record between 2017 and 2024, listing 11,796 overdue payments to 158 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 nordex-online.com.
Company details
CIN history
Nordex India has one previous CIN (Corporate Identification Number): U29253KA2015PTC081236. The current CIN is U29253TN2015PTC184205, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253TN2015PTC184205 | Current |
| U29253KA2015PTC081236 | Previous |
Contact details
Nordex India Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address51 Rattha Tek Meadows Tower B Flr 1, Old Mahabalipuram Rd Chennai, Tamil Nadu, India – 600119
- IndustryEnergy and Power, 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
Business activity
The main business activity of Nordex India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nordex India Private Limited, buy the company report.
Financials of Nordex India Private Limited
FY 2024 filings availableNordex India Private Limited reported revenue of ₹3,004.56 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 1% growth in the latest year. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹77.97 Cr | ||||
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| Net Profit (PAT) | ₹16.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nordex India Private Limited, buy the company report.
Board of directors of Nordex India Private Limited
Nordex India 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 |
|---|---|---|---|---|
| Dharmala Venkata Ramana Murthy | Officer In Default | 26 Dec 2025 | 0 Years 10 Months | Current |
| Luis Alberto Fernandez Romero | Additional Director | 25 Oct 2024 | 2 Years 0 Months | Current |
| Miguel Angel Vallejo Garcia | Director | 18 May 2023 | 3 Years 5 Months | Current |
| Manickam Saravanan | Director | 10 Mar 2023 | 3 Years 7 Months | Current |
| Alexander Volkmar Roessler | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Nordex India Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (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 |
|---|---|---|---|---|---|---|
| Vikram Solar Limited | ₹3,459.53 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| Shirdi Sai Electricals Limited | ₹3,375.57 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Adani New Industries Limited | ₹3,316.41 Cr (FY 2025) | 291.0% | Ahmedabad, Gujarat, India | |||
| Ge Power Conversion India Private Limited | ₹3,250.59 Cr (FY 2025) | 53.0% | Chennai, Tamil Nadu, India | |||
| Nordex India Private Limitedthis company | ₹3,004.56 Cr (FY 2024) | ₹16.31 Cr | 0.5% | 1.0% | Chennai, Tamil Nadu, India | |
| Dhoot Transmission Limited | ₹2,956.43 Cr (FY 2025) | 11.0% | Chakan, Maharashtra, India |
To see the full peer comparison of Nordex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2017 | 100097631 | The Hongkong and Shanghai Banking Corporation Limited | ₹85 Cr | Open |
To see the full charge records of Nordex India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Nordex India Private Limited has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.19 Cr; the latest was in March 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹354.56 Cr | Investors: Nordex Energy International S.L.U |
| Aug 2019 | Rights issue | ₹80 Cr | Investors: Nordex Energy International S.L.U |
| Feb 2017 | Rights issue | ₹245.12 Cr | Investors: Nordex Energy International S.L.U |
| Oct 2015 | Funding round | ₹14.19 Cr | Investors: Nordex Energy International S.L.U |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: Nordex Energy International S.L.U Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nordex India Private Limited has 69 court cases on record: 24 filed by Nordex India, 45 filed against it. 16 cases are pending and 53 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 53 | 37 | 14 |
| District courts | 11 | 3 | 2 |
| Supreme Court | 5 | 5 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Spring Renewable Energy Private Limited and 6 others | Pending |
| High Court, TAMIL NADU | Original application | Filed by the company against Ishvaryam Windmills Private Limited | Pending |
| High Court | Appeal | Filed by the company against Ishvaryam Windmills Private Limited | Pending |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by M/S.Sprng Renewable Energy Pvt.Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against M/S.Difd Industries (P) Limited and 12 others | Disposed |
To see the full case history of Nordex 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
Nordex India Private Limited has 36 MSME Form 1 returns on record between 2017 and 2024, listing 11,796 overdue payments to 158 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 158)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sree Metal Industries | |||
| an individual supplier | |||
| Grene Wis India Private Limited | |||
| Saertex India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Nordex India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nordex India has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANCA5590P2ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 27AANCA5590P1ZT | Maharashtra | Active | 01 Jul 2017 |
| 29AANCA5590P1ZP | Karnataka | Active | 01 Jul 2017 |
| 29AANCA5590P2ZO | Karnataka | Active | 10 Sep 2020 |
To see the full GST registrations and return filing status of Nordex India Private Limited, buy the company report.
Recent activity
Nordex India Private Limited has 24 board changes on record since 2016: 5 appointments and 19 cessations. The latest: Dharmala Venkata Ramana Murthy was appointed as Officer In Default on 26 Dec 2025.
17 earlier events are in the company report.
News
Frequently asked questions
Nordex India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 June 2015 (11+ years old) and is registered under CIN U29253TN2015PTC184205.
Nordex India has 5 current directors:
- Luis Alberto Fernandez Romero - Additional Director
- Miguel Angel Vallejo Garcia - Director
- Manickam Saravanan - Director
- Alexander Volkmar Roessler - Director
- Dharmala Venkata Ramana Murthy - Officer In Default
The latest financial statements of Nordex India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Nordex India is 33AANCA5590P2ZZ, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AANCA5590P1ZT (Maharashtra), 29AANCA5590P1ZP (Karnataka), 29AANCA5590P2ZO (Karnataka).
The CIN (Corporate Identification Number) of Nordex India is U29253TN2015PTC184205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nordex India has 69 court cases on record: 24 filed by the company and 45 filed against it. 16 are pending. Most are in the high courts.
Nordex India was incorporated on 29 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Nordex India has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹14.19 Cr; the latest was in March 2020.
The peers of Nordex India by revenue are Vikram Solar Limited, Shirdi Sai Electricals Limited, Adani New Industries Limited, Ge Power Conversion India Private Limited, Dhoot Transmission Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Dharmala Venkata Ramana Murthy was appointed as Officer In Default on 26 Dec 2025. Luis Alberto Fernandez Romero was appointed as Additional Director on 25 Oct 2024. Dharmala Venkata Ramana Murthy ceased to be Additional Director on 18 Jun 2024. Nordex India has 24 board changes on record in total.
Nordex India has 36 MSME Form 1 returns on record between 2017 and 2024, listing 11,796 overdue payments to 158 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Nordex India can be reached through the website nordex-online.com. Its registered office is in Chennai, Tamil Nadu, India.
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