
Project Twelve Renewable Power Private Limited
About Project Twelve Renewable Power Private Limited
Data last updated:
Project Twelve 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 12 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40100KA2021PTC151704.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹60 Cr. It is led by directors including Sajida Dilawar Mulani and Rohit Chandak.
Its last annual general meeting (AGM) was held on 28 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 ₹10.14 Cr. For the same year it recorded a net loss of ₹28.91 Cr (net margin -285.2%) and EBITDA of -₹15.22 Cr (EBITDA margin -150.2%).
As per MCA filings, the company has open charges of ₹938.66 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 8 cases are pending.
Company details
Contact details
Project Twelve 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 Twelve 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
Business activity
The main business activity of Project Twelve Renewable Power 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 |
Financials of Project Twelve Renewable Power Private Limited
FY 2025 filings availableProject Twelve Renewable Power Private Limited reported revenue of ₹10.14 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹15.22 Cr | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹28.91 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -150.2% | |||
| Net Profit Margin | -285.2% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Project Twelve Renewable Power Private Limited, buy the company report.
Board of directors of Project Twelve Renewable Power Private Limited
Project Twelve Renewable Power has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Project Twelve Renewable Power Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Ushdev Windpark Private Limited | ₹10.52 Cr (FY 2024) | -16.0% | Palayamkottai, Tamil Nadu, India | |||
| Hi-Tech Resource Management Limited | ₹10.51 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Sri Amman Sizing and Weaving Mills Private Limited | ₹10.32 Cr (FY 2024) | 762.0% | Annur, Tamil Nadu, India | |||
| Project Twelve Renewable Power Private Limitedthis company | ₹10.14 Cr (FY 2025) | -₹28.91 Cr | -285.2% | Bangalore, Karnataka, India | ||
| Indowind Power Private Limited | ₹9.7 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| Green Infra Wind Energy Theni Limited | ₹9.61 Cr (FY 2025) | 4.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Project Twelve Renewable Power Private Limited, buy the company report.
Auditor
Project Twelve 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 Twelve 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 Twelve Renewable Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2023 | 100825326 | Others | ₹938.66 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Project Twelve Renewable Power Private Limited has 9 court cases on record: 4 filed by Project Twelve Renewable Power, 5 filed against it. 8 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 5 |
| High courts | 4 | 0 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amreli, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Pending |
| District court, Amreli, Gujarat | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Project Twelve 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 Twelve Renewable Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Project Twelve Renewable Power Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
No GST registration is on our record for Project Twelve Renewable Power Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Project Twelve Renewable Power Private Limited has 10 board changes on record since 2021: 6 appointments and 4 cessations. The latest: Nishant Kumar was appointed as Additional Director on 13 Nov 2025.
2 earlier events are in the company report.
Frequently asked questions
Project Twelve 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 12 September 2021 (5+ years old) and is registered under CIN U40100KA2021PTC151704.
Project Twelve Renewable Power has 5 current directors:
- Sajida Dilawar Mulani - Director
- Rohit Chandak - Director
- Nishant Kumar - Additional Director
- Sonam Sarin - Director
- Vaibhav Vijay Karade - Director
The latest financial statements of Project Twelve Renewable Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Project Twelve Renewable Power is U40100KA2021PTC151704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Project Twelve Renewable Power has 9 court cases on record: 4 filed by the company and 5 filed against it. 8 are pending. Most are in the district courts.
Project Twelve Renewable Power was incorporated on 12 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Project Twelve Renewable Power by revenue are Ushdev Windpark Private Limited, Hi-Tech Resource Management Limited, Sri Amman Sizing and Weaving Mills Private Limited, Indowind Power Private Limited, Green Infra Wind Energy Theni Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Nishant Kumar was appointed as Additional Director on 13 Nov 2025. Vaibhav Vijay Karade ceased to be Additional Director on 27 Sep 2025. Vaibhav Vijay Karade was appointed as Director on 10 Jul 2025. Project Twelve Renewable Power has 10 board changes on record in total.
The registered office of Project Twelve 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 Twelve Renewable Power operates in the environment industry, in the solar energy solutions segment.
Project Twelve Renewable Power has open charges of ₹938.66 Cr and no satisfied charges on record as per latest MCA filings.

