Sasi Power Private Limited
About Sasi Power Private Limited
Data last updated:
Sasi Power Private Limited is a private limited company based in Delhi, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 31 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40101DL1999PTC101362. Its GSTIN is 02AAHCS3918B2ZT (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.72 Cr. It was formerly known as Sasi Power Ltd. It is led by directors including Velagala Venkata Reddy and Manihamsa Velagala.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 65 – A U.G. Floor Plot No.65 Gali No.4, Kundan Nagar Laxmi Nagar, Delhi, India – 110092.
As per the financials filed for FY 2018, the company reported a revenue of ₹17,500, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹17.86 Lakh and EBITDA of -₹18.02 Lakh.
As per MCA filings, the company has satisfied charges of ₹27.37 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sasi Power has one previous CIN (Corporate Identification Number): U40101DL1999PLC101362. The current CIN is U40101DL1999PTC101362, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101DL1999PTC101362 | Current |
| U40101DL1999PLC101362 | Previous |
Contact details
Sasi Power Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address65 – A U.G. Floor Plot No.65 Gali No.4, Kundan Nagar Laxmi Nagar, Delhi, India – 110092
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Sasi 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 Sasi Power Private Limited
FY 2024 filings availableSasi Power Private Limited reported revenue of ₹17,500 (down 100% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹17,500 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹18.02 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17.86 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sasi Power Private Limited, buy the company report.
Board of directors of Sasi Power Private Limited
Sasi Power has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Velagala Venkata Reddy | Director | 09 Mar 2023 | 3 Years 7 Months | Current |
| Manihamsa Velagala Also directs: Manihamsa Power Projects Private Ltd, Steel City Foods Private Limited, CVR Green Energy Private Limited and 1 more | Director | 09 Mar 2023 | 3 Years 7 Months | Current |
| Venkata Sasidhara Reddy Velagala Also directs: Manihamsa Power Projects Private Ltd | Director | 09 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Sasi Power Private Limited is audited by SUNIL JAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL JAIN & CO | FY 2018 | 003855N |
Shareholding
The shareholding of Sasi Power Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sasi Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2014 | 10540254 | Indian Renewable Energy Development Agency Limited | ₹14.57 Cr | Satisfied | |
| 22 Dec 2006 | 10031150 | Uco Bank Ltd | ₹12.8 Cr | Satisfied |
To see the full charge records of Sasi Power Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sasi Power Private Limited has 7 court cases on record: 3 filed by Sasi Power, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 2 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court III | Tribunal matter | Filed against the company by Himalayan Crest Power Pvt. Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Uco Bank | Disposed |
| District court, Kullu, Himachal Pradesh | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Kinnaur, Himachal Pradesh | Civil suit | Filed against the company by an individual | Disposed |
| District court, Kullu, Himachal Pradesh | Civil miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Sasi 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 Sasi Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sasi Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAHCS3918B2ZT | Himachal Pradesh | Active | 30 Mar 2018 |
To see the full GST registrations and return filing status of Sasi Power Private Limited, buy the company report.
Recent activity
Sasi Power Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Manihamsa Velagala was appointed as Director on 09 Mar 2023.
7 earlier events are in the company report.
Frequently asked questions
Sasi Power is an active private limited company based in Delhi, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 31 August 1999 (27+ years old) and is registered under CIN U40101DL1999PTC101362.
Sasi Power has 3 current directors:
- Velagala Venkata Reddy - Director
- Manihamsa Velagala - Director
- Venkata Sasidhara Reddy Velagala - Director
The latest financial statements of Sasi Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sasi Power is 02AAHCS3918B2ZT, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sasi Power is U40101DL1999PTC101362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sasi Power has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.
Sasi Power was incorporated on 31 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Manihamsa Velagala was appointed as Director on 09 Mar 2023. Velagala Venkata Reddy was appointed as Director on 09 Mar 2023. Venkata Sasidhara Reddy Velagala was appointed as Director on 09 Mar 2023. Sasi Power has 11 board changes on record in total.
The registered office of Sasi Power is at 65 – A U.G. Floor Plot No.65 Gali No.4, Kundan Nagar Laxmi Nagar, Delhi, India – 110092.
Sasi Power operates in the environment industry, in the hydroelectric power solutions segment.
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