About Scan Energy & Power Limited
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Scan Energy & Power Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2007PLC009177. Its GSTIN is 36AAMCS1851L1ZX (Telangana). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹51.82 Cr. It is led by directors including Ajay Prasad (Whole-Time Director) and Kiran Dadhichi.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹848.99 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.43 Cr (net margin 0.5%) and EBITDA of ₹30.79 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 24% over five years.
The company has about 196 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹76.69 Cr and satisfied charges of ₹229 Cr on record. Court records list 91 cases involving the company, including 74 filed by the company and 17 filed against it; 23 cases are pending. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹94.6 Cr; the latest was in April 2021. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Wada Ingots Private Limited with revenue of ₹862.13 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scansteels.com.
Company details
CIN history
Scan Energy & Power has one previous CIN (Corporate Identification Number): U40102OR2007PLC009177. The current CIN is U27102OR2007PLC009177, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27102OR2007PLC009177 | Current |
| U40102OR2007PLC009177 | Previous |
Contact details
Scan Energy & Power Limited's registered office is in Bhubaneswar, Odisha. Its website is scansteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSaroj & Sabitri Niwas Plot No.317/4427/5653, 2nd Floor Near Rashmi Lifestyle – 2 Apartment Nandan Vihar, Bhubaneswar, Odisha, India – 751024
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Scan Energy & Power 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 Scan Energy & Power is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Scan Energy & Power Limited, buy the company report.
Financials of Scan Energy & Power Limited
FY 2025 filings availableScan Energy & Power Limited reported revenue of ₹848.99 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 1% growth in the latest year. EBITDA fell 36% 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 | ₹30.79 Cr | ||||
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| Net Profit (PAT) | ₹4.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Scan Energy & Power Limited, buy the company report.
Board of directors of Scan Energy & Power Limited
Scan Energy & Power has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Dadhichi | Director | 18 Jun 2020 | 6 Years 4 Months | Current |
| Sanidhya Agrawal | Director | 10 Oct 2023 | 3 Years 0 Months | Current |
| Ajay Prasad Also directs: Eco Steel India Limited | Whole-Time Director | 24 Dec 2015 | 10 Years 10 Months | Current |
| Nimish Gadodia Also directs: Nav Durga Fuel Private Limited, Eco Steel India Limited | Director | 21 Feb 2007 | 19 Years 8 Months | Current |
| Ramakrushna Das | Director | 22 Nov 2023 | 2 Years 11 Months | Current |
| Murgesh Kumar Singh | Director | 07 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Scan Energy & Power Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wada Ingots Private Limited | ₹862.13 Cr (FY 2025) | 48.0% | Thane, Maharashtra, India | |||
| Renny Strips Limited | ₹860.88 Cr (FY 2025) | -3.0% | Ludhiana, Punjab, India | |||
| Sunvik Steels Private Limited | ₹852.73 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Scan Energy & Power Limitedthis company | ₹848.99 Cr (FY 2025) | ₹4.43 Cr | 0.5% | 1.0% | 196 | Bhubaneswar, Odisha, India |
| GM Iron & Steel Company Limited | ₹847.67 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Vinayak TMT Bars Private Limited | ₹836.76 Cr (FY 2025) | -14.0% | Dehgam, Gujarat, India | |||
| Shree Nakoda Ispat Limited | ₹834.68 Cr (FY 2025) | 4.0% | Raipur, Chhattisgarh, India | |||
| Balmukund Sponge and Iron Private Limited | ₹834.02 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Scan Energy & Power Limited, buy the company report.
Auditor
Scan Energy & Power Limited is audited by S R B & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B & Associates | FY 2023 | 310009E |
Shareholding
The shareholding of Scan Energy & Power Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Scan Energy & Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2022 | 100642412 | Others | ₹75 Cr | Open | |
| 15 Feb 2021 | 100453929 | Others | ₹23.76 Lakh | Open | |
| 15 Feb 2021 | 100453930 | Others | ₹23.76 Lakh | Open | |
| 15 Jun 2018 | 100212961 | Others | ₹38.04 Lakh | Open | |
| 22 Oct 2016 | 100060759 | Others | ₹46 Lakh | Open |
To see the full charge records of Scan Energy & Power Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Scan Energy & Power Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹94.6 Cr; the latest was in April 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹4.9 Cr | Investors: Signora Finance Private Limited , Accelerate Tradestar Private Limited , Modern Trading Business Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Manxine Agencies Private Limited , Bayanwala Brothers Pvt Ltd Seller: Topgrain Barter Pvt. Ltd. , Manjit Management Services Private Limited , Slick Vyapaar Private Limited |
| Mar 2014 | Funding round | ₹8.35 Cr | Investors: Apex Real Estate Private Limited , Gopikar Supply Pvt Ltd , Ascon Merchandise Pvt Ltd |
| Mar 2013 | Funding round | ₹18.9 Cr | Investors: Gopikar Supply Pvt Ltd , Ascon Merchandise Pvt Ltd , 2 individuals |
| Aug 2011 | Funding round | ₹45.7 Cr | Investors: Gopikar Supply Pvt Ltd , Jamshedpur Securities Limited |
To see the full deal history of Scan Energy & Power 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
Scan Energy & Power Limited has 91 court cases on record: 74 filed by Scan Energy & Power, 17 filed against it. 23 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 68 | 8 | 19 |
| District courts | 21 | 9 | 4 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 5 others | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against The Transmission Corporation of Telangana Limited, and 1 other | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 3 others | Disposed |
| High Court, TELANGANA | Appeal | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 4 others | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited and 1 other | Disposed |
To see the full case history of Scan Energy & Power 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
Scan Energy & Power Limited was last rated by Crisil on 25 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Nov 2020 |
To see the full credit ratings and regulatory alerts of Scan Energy & Power Limited, buy the company report.
MSME payment delays
Scan Energy & Power Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Scan Energy & Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Scan Energy & Power has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Scan Energy & Power Limited has a workforce of 196 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Scan Energy & Power has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCS1851L1ZX | Telangana | Active | 01 Jul 2017 |
| 29AAMCS1851L2ZR | Karnataka | Active | 01 Dec 2022 |
| 36AAMCS1851L1D6 | Telangana | Active | 28 Oct 2024 |
| 36AAMCS1851L2ZW | Telangana | Active | 27 Mar 2025 |
To see the full GST registrations and return filing status of Scan Energy & Power Limited, buy the company report.
Recent activity
Scan Energy & Power Limited has 15 board changes on record since 2007: 6 appointments and 9 cessations. The latest: Ramakrushna Das was appointed as Director on 22 Nov 2023.
22 earlier events are in the company report.
News
Frequently asked questions
Scan Energy & Power is an active public limited company based in Bhubaneswar, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 February 2007 (19+ years old) and is registered under CIN U27102OR2007PLC009177.
Scan Energy & Power has 6 current directors:
- Ajay Prasad - Whole-Time Director
- Kiran Dadhichi - Director
- Sanidhya Agrawal - Director
- Nimish Gadodia - Director
- Ramakrushna Das - Director
- Murgesh Kumar Singh - Director
The latest financial statements of Scan Energy & Power 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 Scan Energy & Power is 36AAMCS1851L1ZX, registered in Telangana. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAMCS1851L2ZR (Karnataka), 36AAMCS1851L1D6 (Telangana), 36AAMCS1851L2ZW (Telangana).
The CIN (Corporate Identification Number) of Scan Energy & Power is U27102OR2007PLC009177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scan Energy & Power has 91 court cases on record: 74 filed by the company and 17 filed against it. 23 are pending. Most are in the high courts.
Scan Energy & Power was incorporated on 15 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.
Scan Energy & Power has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹94.6 Cr; the latest was in April 2021.
The peers of Scan Energy & Power by revenue are Wada Ingots Private Limited, Renny Strips Limited, Sunvik Steels Private Limited, GM Iron & Steel Company Limited, Vinayak TMT Bars Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ramakrushna Das was appointed as Director on 22 Nov 2023. Sanidhya Agrawal was appointed as Director on 10 Oct 2023. Murgesh Kumar Singh ceased to be Additional Director on 29 Sep 2023. Scan Energy & Power has 15 board changes on record in total.
Scan Energy & Power has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Scan Energy & Power can be reached through the website scansteels.com. Its registered office is in Bhubaneswar, Odisha, India.