- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-17-0000563

About Shakti Energy Solutions Limited
Data last updated:
Shakti Energy Solutions Limited is a public limited company based in Pithampur, Madhya Pradesh, India, a subsidiary of Shakti Pumps (India) Limited. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 06 September 2010 and has been in existence for over 16 years.
Its director Dinesh Patidar and family are #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27300MP2010PLC024245. Its GSTIN is 23AAICA8211A1ZD (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹64.76 Cr. It was formerly known as Astech Metal Private Limited. It is led by directors including Vikas Patidar (Whole-Time Director) and Indira Patidar (Whole-Time Director).
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 Plot No.155 156 Sector III Industrial Growth Centre, Pithampur, Madhya Pradesh, India – 454774.
As per the financials filed for FY 2025, the company reported a revenue of ₹216.76 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹32.73 Cr (net margin 15.1%) and EBITDA of ₹47.75 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 55% over five years.
The company is associated with 2 brands: Shakti Energy Solutions and Shakti Energy Solution. As per MCA filings, the company has open charges of ₹26 Cr and satisfied charges of ₹28.25 Cr on record. The company has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹19.9 Lakh; the latest was in December 2024. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 839 overdue payments to 99 micro and small suppliers.
Shakti Energy Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0000563). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sespl.org.
Company details
Name history
Shakti Energy Solutions has undergone 2 name changes throughout its history. The company was previously known as Astech Metal Private Limited, and Shakti Energy Solutions Limited. The current legal name is Shakti Energy Solutions Limited.
| Company Name | Status |
|---|---|
| Shakti Energy Solutions Limited | Current |
| Astech Metal Private Limited | Previous |
CIN history
Shakti Energy Solutions has one previous CIN (Corporate Identification Number): U27300MP2010PTC024245. The current CIN is U27300MP2010PLC024245, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27300MP2010PLC024245 | Current |
| U27300MP2010PTC024245 | Previous |
Recognitions & Rankings of Shakti Energy Solutions
- #941 Dinesh Patidar & family ₹3,100 Cr
Contact details
Shakti Energy Solutions Limited's registered office is in Pithampur, Madhya Pradesh. Its website is sespl.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.155 156 Sector III Industrial Growth Centre, Pithampur, Madhya Pradesh, India – 454774
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Shakti Energy Solutions 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
Shakti Energy Solutions operates two associated brands: Shakti Energy Solutions and Shakti Energy Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar water pumps and module mounting structures for energy solutions. | sespl.org | |
| Energy solutions and web services via the company's domain. | shaktienergysolution.com |
Business activity
The main business activity of Shakti Energy Solutions 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 Shakti Energy Solutions Limited, buy the company report.
Financials of Shakti Energy Solutions Limited
FY 2025 filings availableShakti Energy Solutions Limited reported revenue of ₹216.76 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 55% growth in the latest year. EBITDA rose 113% 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 | ₹47.75 Cr | ||||
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| Net Profit (PAT) | ₹32.73 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 | 22% | ||||
| Net Profit Margin | 15.1% | ||||
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To see the full financial statements and ratios of Shakti Energy Solutions Limited, buy the company report.
Board of directors and KMP of Shakti Energy Solutions Limited
Shakti Energy Solutions Limited currently reports 5 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Sataluri Also directs: Shakti Pumps (India) Limited | Ceo | 01 Aug 2025 | 1 Years 2 Months | Current |
| Dinesh Patidar Also directs: Spil Energy LLP, Shakti Pumps (India) Limited, Shakti Irrigation India Limited and 1 more | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
| Vikas Patidar Also directs: Shakti Construction & Developers Private Limited | Whole-Time Director | 16 Apr 2024 | 2 Years 6 Months | Current |
| Indira Patidar Also directs: Shakti Irrigation India Limited | Whole-Time Director | 06 Sep 2010 | 16 Years 1 Months | Current |
| Ramesh Patidar Also directs: Shakti Pumps (India) Limited, Shakti EV Mobility Private Limited | Director | 21 Mar 2020 | 6 Years 7 Months | Current |
| Sunil Ghode Also directs: Shakti Solar Services Private Limited | Whole-Time Director | 27 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Shakti Energy Solutions Limited is audited by S. B. PATIDAR & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. B. PATIDAR & Co. | FY 2023 | 012998C |
Shareholding
The shareholding of Shakti Energy Solutions 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shakti Energy Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2020 | 100402233 | Hdfc Bank Limited | ₹26 Cr | Open | |
| 22 Mar 2021 | 100432486 | Hdfc Bank Limited | ₹2.9 Cr | Satisfied | |
| 21 Sep 2018 | 100207858 | State Bank of India | ₹25.35 Cr | Satisfied |
To see the full charge records of Shakti Energy Solutions Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Shakti Energy Solutions Limited has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹19.9 Lakh; the latest was in December 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹7.8 Cr | Investors: Shakti Pumps (India) Limited |
| May 2019 | Rights issue | ₹2.04 Cr | Investors: Shakti Pumps (India) Limited |
| Jun 2018 | Rights issue | ₹7.35 Cr | Investors: Shakti Pumps (India) Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Shakti Pumps (India) Limited Seller: 3 individuals |
| Jan 2018 | Rights issue | ₹5.5 Cr | Investors: Shakti Pumps (India) Limited |
To see the full deal history of Shakti Energy Solutions 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
No court or tribunal cases involving Shakti Energy Solutions Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Shakti Energy Solutions Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 839 overdue payments to 99 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 99)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vintex Tools & Machineries Private Limited | |||
| Godawari Power and Ispat Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Hasti Computers Private Limited |
To see the full MSME payment records of Shakti Energy Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shakti Energy Solutions has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICA8211A1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAICA8211A2ZC | Madhya Pradesh | Active | 16 May 2024 |
| 27AAICA8211A1Z5 | Maharashtra | Active | 17 Jun 2025 |
To see the full GST registrations and return filing status of Shakti Energy Solutions Limited, buy the company report.
Recent activity
Shakti Energy Solutions Limited has 12 board changes on record since 2010: 6 appointments and 6 cessations. The latest: Ramakrishna Sataluri was appointed as CEO on 01 Aug 2025.
11 earlier events are in the company report.
Frequently asked questions
Shakti Energy Solutions is an active public limited company based in Pithampur, Madhya Pradesh, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 06 September 2010 (16+ years old) and is registered under CIN U27300MP2010PLC024245.
Shakti Energy Solutions has 6 current directors and KMP:
- Vikas Patidar - Whole-Time Director
- Indira Patidar - Whole-Time Director
- Sunil Ghode - Whole-Time Director
- Dinesh Patidar - Director
- Ramesh Patidar - Director
- Ramakrishna Sataluri - Ceo
The latest financial statements of Shakti Energy Solutions 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 Shakti Energy Solutions is 23AAICA8211A1ZD, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AAICA8211A2ZC (Madhya Pradesh), 27AAICA8211A1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Shakti Energy Solutions is U27300MP2010PLC024245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Energy Solutions was incorporated on 06 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
Shakti Energy Solutions has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹19.9 Lakh; the latest was in December 2024.
Ramakrishna Sataluri was appointed as CEO on 01 Aug 2025. Vikas Patidar was appointed as Whole-Time Director on 16 Apr 2024. Sunil Ghode ceased to be Whole-Time Director on 25 Sep 2023. Shakti Energy Solutions has 12 board changes on record in total.
Yes, Shakti Energy Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-17-0000563).
Shakti Energy Solutions has 10 MSME Form 1 returns on record between 2019 and 2023, listing 839 overdue payments to 99 micro and small suppliers. The latest return was filed on 02 Dec 2023.
Shakti Energy Solutions can be reached through the website sespl.org. Its registered office is in Pithampur, Madhya Pradesh, India.

