About Sheetjay Power Limited
Data last updated:
Sheetjay Power Limited is a public limited company based in Surat, Gujarat, India, a subsidiary of Essar Power Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 19 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31101GJ2005PLC081701. Its GSTIN is 21AABCE6129N1ZO (Odisha).
The company has an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹645.35 Cr. It is led by directors including Sameer Bhave Prabhakar and Prasad Udas.
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 27th Km Surat – Hazira Road Hazira, Gujarat, India – 394270.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹452.95 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. The company has 10 deals on record (4 funding rounds, 3 secondary share transfers, 3 acquisitions), with disclosed funding of ₹296.16 Cr; the latest was in January 2021. The company has 7 MSME Form 1 returns on record between 2019 and 2021, listing 307 overdue payments to 58 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essar.com.
Company details
CIN history
Sheetjay Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31101GJ2005PLC081701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31101GJ2005PLC081701 | Current |
| U31101DL2005PLC208862 | Previous |
| U31101MH2005PLC156859 | Previous |
Contact details
Sheetjay Power Limited's registered office is in Surat, Gujarat. Its website is essar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address27th Km Surat – Hazira Road Hazira, Gujarat, India – 394270
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Sheetjay 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
Financials of Sheetjay Power Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sheetjay Power Limited, buy the company report.
Board of directors of Sheetjay Power Limited
Sheetjay Power has 3 current directors and 45 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Bhave Prabhakar Also directs: Jaisheetal Power Limited, Gandhar Hazira Transmission Limited, Metanergy Powerex Limited and 1 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
| Prasad Udas Also directs: Jaisheetal Power Limited, Gandhar Hazira Transmission Limited, Metanergy Powerex Limited and 1 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
| Sunil Shankar Jambhale Also directs: Jaisheetal Power Limited, Gandhar Hazira Transmission Limited, Metanergy Powerex Limited and 1 more | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Sheetjay Power Limited is audited by S. S. KOTHARI MEHTA AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. KOTHARI MEHTA AND COMPANY | FY 2022 | 000756N |
Shareholding
The shareholding of Sheetjay Power Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sheetjay Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2015 | 10559180 | Idbi Trusteeship Services Limited | ₹17 Cr | Satisfied | |
| 30 Aug 2014 | 10517298 | Idbi Trusteeship Services Limited | ₹27 Cr | Satisfied | |
| 20 May 2013 | 10432092 | Yes Bank Limited | ₹137 Cr | Satisfied | |
| 30 Jun 2010 | 10230192 | Idbi Trusteeship Services Limited | ₹271.95 Cr | Satisfied |
To see the full charge records of Sheetjay Power Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sheetjay Power Limited has 10 deals on record (4 funding rounds, 3 secondary share transfers, 3 acquisitions), with disclosed funding of ₹296.16 Cr; the latest was in January 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Acquisition | ₹450 Cr | Buyer: Arcelormittal Nippon Steel India Private Limited |
| Nov 2018 | Funding round | ₹271.7 Cr | Investors: Essar Power Limited |
| Mar 2015 | Funding round | ₹14.51 Cr | Investors: Essar Power Limited |
| Sep 2014 | Funding round | ₹3.72 Cr | Investors: Essar Power Limited , Arcelor Mittal Nippon Steel India Limited |
| Sep 2013 | Acquisition | ₹177.99 Cr | Buyer: Essar Power Limited |
To see the full deal history of Sheetjay 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
Sheetjay Power Limited has 2 court cases on record: 1 filed by Sheetjay Power, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Essar Bulk Terminal Limited | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against Union of India and 2 others | Pending |
To see the full case history of Sheetjay 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.
MSME payment delays
Sheetjay Power Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 307 overdue payments to 58 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 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Swain Brothers | |||
| an individual supplier | |||
| Vasu Chemicals LLP | |||
| O & M Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sheetjay Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sheetjay Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCE6129N1ZO | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sheetjay Power Limited, buy the company report.
Recent activity
Sheetjay Power Limited has 47 board changes on record since 2009: 3 appointments and 44 cessations. The latest: Prasad Udas ceased to be Additional Director on 29 Sep 2024.
49 earlier events are in the company report.
News
Frequently asked questions
Sheetjay Power is an active public limited company based in Surat, Gujarat, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 19 October 2005 (21+ years old) and is registered under CIN U31101GJ2005PLC081701.
Sheetjay Power has 3 current directors:
- Sameer Bhave Prabhakar - Director
- Prasad Udas - Director
- Sunil Shankar Jambhale - Director
The latest financial statements of Sheetjay 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 Sheetjay Power is 21AABCE6129N1ZO, registered in Odisha.
The CIN (Corporate Identification Number) of Sheetjay Power is U31101GJ2005PLC081701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheetjay Power has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Sheetjay Power was incorporated on 19 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sheetjay Power has 10 deals on record (4 funding rounds, 3 secondary share transfers, 3 acquisitions), with disclosed funding of ₹296.16 Cr; the latest was in January 2021.
Prasad Udas ceased to be Additional Director on 29 Sep 2024. Sameer Bhave Prabhakar ceased to be Additional Director on 29 Sep 2024. Sunil Shankar Jambhale ceased to be Additional Director on 29 Sep 2024. Sheetjay Power has 47 board changes on record in total.
Sheetjay Power has 7 MSME Form 1 returns on record between 2019 and 2021, listing 307 overdue payments to 58 micro and small suppliers. The latest return was filed on 27 Oct 2021.
Sheetjay Power can be reached through the website essar.com. Its registered office is in Surat, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
