About Nupower Renewables Private Limited
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Nupower Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dh Renewables Holding Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 24 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2008PTC189142. Its GSTIN is 27AACCN9197N1ZK (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹460 Cr and a paid-up capital of ₹5.9 Cr. It was formerly known as Nupower Renewables Limited. It is led by directors including Savio Ignatius Braganza and Deepak Virendra Kochhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 618 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹180.07 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹10.91 Cr (net margin -6.1%) and EBITDA of ₹102.04 Cr (EBITDA margin 56.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: NuPower Renewables. As per MCA filings, the company has open charges of ₹751.64 Cr and satisfied charges of ₹686.38 Cr on record. Court records list 24 cases involving the company, including 16 filed by the company and 8 filed against it; 11 cases are pending. The company has 12 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹745.34 Cr; the latest was in January 2017. Its 4 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is JSW Vayu (Sabarmati) Private Limited with revenue of ₹184.42 Cr. The company has 8 MSME Form 1 returns on record between 2018 and 2023, listing 43 overdue payments to 10 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 nupower.in.
Company details
CIN history
Nupower Renewables has one previous CIN (Corporate Identification Number): U40108MH2008PLC189142. The current CIN is U40108MH2008PTC189142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108MH2008PTC189142 | Current |
| U40108MH2008PLC189142 | Previous |
Contact details
Nupower Renewables Private Limited's registered office is in Mumbai, Maharashtra. Its website is nupower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address618 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Nupower Renewables Private 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
Brands
Nupower Renewables operates one associated brand: NuPower Renewables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of independent power generation services | nupowerrenewables.in |
Business activity
The main business activity of Nupower Renewables 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 Nupower Renewables Private Limited, buy the company report.
Financials of Nupower Renewables Private Limited
FY 2025 filings availableNupower Renewables Private Limited reported revenue of ₹180.07 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 3% 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 | ₹102.04 Cr | ||||
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| Net Profit (PAT) | -₹10.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 56.7% | ||||
| Net Profit Margin | -6.1% | ||||
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To see the full financial statements and ratios of Nupower Renewables Private Limited, buy the company report.
Board of directors of Nupower Renewables Private Limited
Nupower Renewables has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savio Ignatius Braganza Also directs: Nupower Wind Farms Limited | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Lee Sin Wee | Additional Director | 07 Apr 2016 | 10 Years 6 Months | Current |
| Deepak Virendra Kochhar Also directs: Nupower Technologies Private Limited, Echanda Urja Private Limited, Nupower Wind Farms Limited and 2 more | Director | 24 Dec 2008 | 17 Years 9 Months | Current |
| Umanath Vaikunt Nayak Also directs: Echanda Urja Private Limited, Nupower Wind Farms Limited, Elegant Investrade Private Limited and 5 more | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Nupower Renewables Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Wind 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 |
|---|---|---|---|---|---|---|
| JSW Vayu (Sabarmati) Private Limited | ₹184.42 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Torrent Solargen Limited | ₹182.17 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Devarahipparigi Wind Power Private Limited | ₹180.3 Cr (FY 2024) | 35.0% | Bangalore, Karnataka, India | |||
| Nupower Renewables Private Limitedthis company | ₹180.07 Cr (FY 2025) | -₹10.91 Cr | -6.1% | 1.0% | 5 | Mumbai, Maharashtra, India |
| Avikiran Surya India Private Limited | ₹176.32 Cr (FY 2025) | 2.0% | Gurugram, Haryana, India |
To see the full peer comparison of Nupower Renewables Private Limited, buy the company report.
Auditor
Nupower Renewables Private Limited is audited by S M M P & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M M P & Company | FY 2023 | 120438W |
Shareholding
The shareholding of Nupower Renewables Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Nupower Renewables Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2015 | 10594599 | Axis Trustee Services Limited | ₹500 Cr | Open | |
| 17 May 2014 | 10495837 | Others | ₹221.52 Cr | Open | |
| 20 Dec 2011 | 10335281 | Indiabulls Housing Finance Limited | ₹30.12 Cr | Open | |
| 07 Mar 2014 | 10494946 | Indiabulls Housing Finance Limited | ₹15 Cr | Satisfied | |
| 12 Oct 2011 | 10320866 | Pnb Investment Services Limited | ₹497.88 Cr | Satisfied |
To see the full charge records of Nupower Renewables Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Nupower Renewables Private Limited has 12 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹745.34 Cr; the latest was in January 2017.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Debt financing | ₹8.68 Cr | Investors: Nupower Wind Farms Limited , Echanda Urja Private Limited |
| May 2016 | Debt financing | ₹8.58 Cr | Investors: Nupower Wind Farms Limited , Echanda Urja Private Limited |
| Feb 2016 | Debt financing | ₹19 Cr | Investors: Echanda Urja Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Dh Renewables Holding Limited Seller: Firstland Holdings Limited |
| Dec 2014 | Funding round · Series B | ₹73.34 Cr | Investors: Dh Renewables Holding Limited |
To see the full deal history of Nupower Renewables Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nupower Renewables Private Limited has 24 court cases on record: 16 filed by Nupower Renewables, 8 filed against it. 11 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 2 | 6 |
| Supreme Court | 8 | 4 | 3 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APEAL) | Filed against the company by Axis Bank Limited and Anr and 1 other | Pending |
| Supreme Court | Appeal | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Sammaan Capital Limited | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited and 3 others | Disposed |
To see the full case history of Nupower Renewables 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.
Credit ratings & regulatory alerts
Nupower Renewables Private Limited was last rated by Care on 06 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Apr 2026 |
To see the full credit ratings and regulatory alerts of Nupower Renewables Private Limited, buy the company report.
MSME payment delays
Nupower Renewables Private Limited has 8 MSME Form 1 returns on record between 2018 and 2023, listing 43 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kalinfo Computer Services Private Limited | |||
| Reconnect Energy Solutions Limited | |||
| an individual supplier | |||
| Manikaran Analytics Limited | |||
| Sri Bajrang Wind Park Developers |
To see the full MSME payment records of Nupower Renewables Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nupower Renewables has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nupower Technologies Private Limited | U29268MH2011PTC211742 | |
| Echanda Urja Private Limited | U40104MH2014PTC259254 | |
| Nupower Wind Farms Limited | U45207MH2013PLC246085 |
To see the full group structure of Nupower Renewables Private Limited, buy the company report.
Employees & EPFO
Nupower Renewables Private Limited has a workforce of 5 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Nupower Renewables has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN9197N1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nupower Renewables Private Limited, buy the company report.
Recent activity
Nupower Renewables Private Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Savio Ignatius Braganza ceased to be Additional Director on 29 Nov 2018.
24 earlier events are in the company report.
Frequently asked questions
Nupower Renewables is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 24 December 2008 (18+ years old) and is registered under CIN U40108MH2008PTC189142.
Nupower Renewables has 4 current directors:
- Savio Ignatius Braganza - Director
- Lee Sin Wee - Additional Director
- Deepak Virendra Kochhar - Director
- Umanath Vaikunt Nayak - Director
The latest financial statements of Nupower Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nupower Renewables is 27AACCN9197N1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nupower Renewables is U40108MH2008PTC189142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nupower Renewables has 24 court cases on record: 16 filed by the company and 8 filed against it. 11 are pending. Most are in the high courts.
Nupower Renewables was incorporated on 24 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nupower Renewables has 12 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹745.34 Cr; the latest was in January 2017.
The peers of Nupower Renewables by revenue are JSW Vayu (Sabarmati) Private Limited, Torrent Solargen Limited, Devarahipparigi Wind Power Private Limited, Avikiran Surya India Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Savio Ignatius Braganza ceased to be Additional Director on 29 Nov 2018. Umanath Vaikunt Nayak ceased to be Additional Director on 29 Nov 2018. Prem Gul Rajani ceased to be Director on 03 Apr 2018. Nupower Renewables has 17 board changes on record in total.
Nupower Renewables has 8 MSME Form 1 returns on record between 2018 and 2023, listing 43 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Nupower Renewables can be reached through the website nupower.in. Its registered office is in Mumbai, Maharashtra, India.