Project Eleven Renewable Power Private Limited
About Project Eleven Renewable Power Private Limited
Data last updated:
Project Eleven Renewable Power Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ayana Renewable Power Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2021PTC151658. Its GSTIN is 29AAMCP2811M1ZZ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹60.01 Cr. It is led by directors including Sajida Dilawar Mulani and Sonam Sarin.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.81 Cr and EBITDA of -₹1.74 Cr.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,816.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Company details
Contact details
Project Eleven Renewable Power Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS 2904 29th Floor World Trade Center Brigade Gateway Campus 26/1 Dr. Rajkumar Road Ma, Lleswaram, Bangalore, Karnataka, India – 560055
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Project Eleven Renewable Power 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
Financials of Project Eleven Renewable Power Private Limited
FY 2025 filings availableProject Eleven Renewable Power Private Limited reported revenue of ₹2.7 Lakh (up 2600% YoY) for FY 2025.
Financial Statement Summary
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| EBITDA | -₹1.74 Cr | |||
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| Net Profit (PAT) | -₹1.81 Cr | |||
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Financial Ratios
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To see the full financial statements and ratios of Project Eleven Renewable Power Private Limited, buy the company report.
Board of directors of Project Eleven Renewable Power Private Limited
Project Eleven Renewable Power has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajida Dilawar Mulani | Director | 10 Sep 2021 | 5 Years 1 Months | Current |
| Sonam Sarin | Director | 10 Sep 2021 | 5 Years 1 Months | Current |
| Vaibhav Vijay Karade Also directs: Adyah Solar Energy Private Limited, Project Twelve Renewable Power Private Limited, Ircon Renewable Power Limited and 5 more | Additional Director | 10 Jul 2025 | 1 Years 3 Months | Current |
| Venkoban Sreedher Also directs: Ircon Renewable Power Limited, Ayana Renewable Power Four Private Limited, Seven Renewable Power Private Limited and 1 more | Additional Director | 02 Feb 2026 | 0 Years 9 Months | Current |
Peer comparison
Project Eleven Renewable Power Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power, 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 |
|---|---|---|---|---|---|---|
| Prachur Solar Energy Private Limited | ₹2.72 Lakh (FY 2024) | -98.0% | Gurgaon, Haryana, India | |||
| Greenmint Power Private Limited | ₹2.71 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Project Eleven Renewable Power Private Limitedthis company | ₹2.7 Lakh (FY 2025) | -₹1.81 Cr | 2600.0% | Bangalore, Karnataka, India | ||
| Yantra Green Power Private Limited | ₹2.63 Lakh (FY 2024) | 153.0% | Hyderabad, Telangana, India | |||
| Proeco Energy Private Limited | ₹2.58 Lakh (FY 2025) | 2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Project Eleven Renewable Power Private Limited, buy the company report.
Auditor
Project Eleven Renewable Power Private Limited is audited by Satish & Ravi Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Satish & Ravi Associates | FY 2023 | 07214S |
Shareholding
The shareholding of Project Eleven Renewable Power Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Project Eleven Renewable Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101080612 | Others | ₹1,816.4 Cr | Open | |
| 09 Jan 2025 | 101036670 | Axis Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Project Eleven Renewable Power Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Project Eleven Renewable Power Private Limited has 2 court cases on record: 1 filed by Project Eleven Renewable Power, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Project Nine Renewable Power Private Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Central Transmission Utility of India Limited and 1 other | Pending |
To see the full case history of Project Eleven Renewable Power 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
No delayed payments to MSME suppliers are on our record for Project Eleven Renewable Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Project Eleven Renewable Power has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP2811M1ZZ | Karnataka | Active | 16 Sep 2022 |
| 08AAMCP2811M1Z3 | Rajasthan | Active | 28 Feb 2024 |
To see the full GST registrations and return filing status of Project Eleven Renewable Power Private Limited, buy the company report.
Recent activity
Project Eleven Renewable Power Private Limited has 12 board changes on record since 2021: 8 appointments and 4 cessations. The latest: Venkoban Sreedher was appointed as Additional Director on 02 Feb 2026.
7 earlier events are in the company report.
Frequently asked questions
Project Eleven Renewable Power is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 10 September 2021 (5+ years old) and is registered under CIN U40106KA2021PTC151658.
Project Eleven Renewable Power has 4 current directors:
- Sajida Dilawar Mulani - Director
- Sonam Sarin - Director
- Vaibhav Vijay Karade - Additional Director
- Venkoban Sreedher - Additional Director
The latest financial statements of Project Eleven Renewable Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Project Eleven Renewable Power is 29AAMCP2811M1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAMCP2811M1Z3 (Rajasthan).
The CIN (Corporate Identification Number) of Project Eleven Renewable Power is U40106KA2021PTC151658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Project Eleven Renewable Power has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Project Eleven Renewable Power was incorporated on 10 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Project Eleven Renewable Power by revenue are Prachur Solar Energy Private Limited, Greenmint Power Private Limited, Yantra Green Power Private Limited, Proeco Energy Private Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Venkoban Sreedher was appointed as Additional Director on 02 Feb 2026. Vaibhav Vijay Karade was appointed as Additional Director on 10 Jul 2025. Atul Kumar Agarwal ceased to be Additional Director on 19 Sep 2024. Project Eleven Renewable Power has 12 board changes on record in total.
The registered office of Project Eleven Renewable Power is at S 2904 29th Floor World Trade Center Brigade Gateway Campus 261 Dr. Rajkumar Road Ma, Lleswaram, Bangalore, Karnataka, India – 560055.
Project Eleven Renewable Power operates in the environment industry, in the solar energy solutions segment.
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