About SKS Power Generation (Chhattisgarh) Limited
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SKS Power Generation (Chhattisgarh) Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Entwickeln India Energy Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 18 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40103MH2008PLC180231. Its GSTIN is 27AAMCS4282R1ZD (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹2,505.01 Cr and a paid-up capital of ₹10 Lakh. It was led by directors including Binoy Sandip Parikh and Manish Jugalkishore Sarda.
Its last annual general meeting (AGM) was held on 23 January 2024, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹985.6 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹178.61 Cr (net margin -18.1%) and EBITDA of ₹167.34 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 370% over five years.
The company had about 406 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: SKS Power Generation. As per MCA filings, the company had satisfied charges of ₹29,854 Cr on record. Court records list 76 cases involving the company, including 52 filed by the company and 24 filed against it; 10 cases are pending. The company has 7 deals on record (5 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹374.95 Cr; the latest was in March 2020. Its 4 peer companies in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 2 smaller; the largest is Bajaj Energy Private Limited with revenue of ₹1,201.53 Cr.
The last known website on record is spgcl.com.
Company details
Contact details
SKS Power Generation (Chhattisgarh) Limited's registered office is in Mumbai, Maharashtra. Its website is spgcl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.201&207 Centre Point Premises Chs Ltd 2nd Floor J.B. Nagar Andheri – Kurla Road An, Dheri (E), Mumbai, Maharashtra, India – 400059
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of SKS Power Generation (Chhattisgarh) 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
SKS Power Generation (Chhattisgarh) operates one associated brand: SKS Power Generation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coal-based thermal power generation and related services in Chhattisgarh, India. | spgcl.com |
Business activity
The main business activity of SKS Power Generation (Chhattisgarh) 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 |
To see the full business activity and turnover split of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
Financials of SKS Power Generation (Chhattisgarh) Limited
FY 2020 filings availableSKS Power Generation (Chhattisgarh) Limited reported revenue of ₹985.6 Cr (up 89% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 370% over five years, including 89% growth in the latest year. EBITDA rose 110% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹167.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹178.61 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | -18.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
Board of directors of SKS Power Generation (Chhattisgarh) Limited
SKS Power Generation (Chhattisgarh) has 3 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binoy Sandip Parikh Also directs: Sarda Metals & Alloys Limited, Sarda Energy & Minerals Limited, Batliboi Limited and 2 more | Director | 20 Aug 2024 | 2 Years 2 Months | As last reported |
| Manish Jugalkishore Sarda Also directs: Sarda Metals & Alloys Limited, Sarda Venfra Limited, Abs Engineers Private Limited and 2 more | Director | 20 Aug 2024 | 2 Years 2 Months | As last reported |
| Jitender Balakrishnan Also directs: Madhya Bharat Power Corporation Limited, Ultra Gas & Energy Limited, Sarda Metals & Alloys Limited and 4 more | Director | 20 Aug 2024 | 2 Years 2 Months | As last reported |
Peer comparison
SKS Power Generation (Chhattisgarh) Limited is compared with the 4 companies closest to it by revenue in the Power industry (Thermal Power Plants), 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 |
|---|---|---|---|---|---|---|
| Bajaj Energy Private Limited | ₹1,201.53 Cr (FY 2025) | -1.0% | Lakhimpur, Uttar Pradesh, India | |||
| JSW Energy (Utkal) Limited | ₹1,099.92 Cr (FY 2025) | 747.0% | Hyderabad, Telangana, India | |||
| SKS Power Generation (Chhattisgarh) Limitedthis company | ₹985.6 Cr (FY 2020) | -₹178.61 Cr | -18.1% | 89.0% | Mumbai, Maharashtra, India | |
| Bokaro Power Supply Company Private Limited | ₹875.62 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| India Power Corporation Limited | ₹731.64 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
Auditor
SKS Power Generation (Chhattisgarh) Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2019 | 117365W |
Shareholding
The shareholding of SKS Power Generation (Chhattisgarh) Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2020 | 100318792 | Sbicap Trustee Company Limited | ₹2,246.07 Cr | Satisfied | |
| 19 Sep 2019 | 100293916 | Sbicap Trustee Company Limited | ₹815 Cr | Satisfied | |
| 30 Jul 2019 | 100283522 | Sbicap Trustee Company Limited | ₹815 Cr | Satisfied | |
| 30 Jul 2019 | 100283525 | Sbicap Trustee Company Limited | ₹815 Cr | Satisfied | |
| 04 Jul 2019 | 100275646 | Sbicap Trustee Company Limited | ₹1,650 Cr | Satisfied |
To see the full charge records of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
SKS Power Generation (Chhattisgarh) Limited has 7 deals on record (5 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹374.95 Cr; the latest was in March 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Entwickeln India Energy Private Limited Seller: SKS Ispat and Power Limited , Labheshwari Agencies Limited |
| Dec 2015 | Acquisition | ₹143.22 Cr | Buyer: Labheshwari Agencies Limited Seller: Blackstone Advisors India |
| Jan 2015 | Funding round | ₹40 Cr | Investors: Riverview Securities Private Limited |
| Dec 2011 | Funding round | ₹154.19 Cr | Investors: Blackstone Advisors India, SKS Ispat and Power Limited |
| Aug 2011 | Funding round | ₹153.95 Cr | Investors: SKS Ispat and Power Limited |
To see the full deal history of SKS Power Generation (Chhattisgarh) 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
SKS Power Generation (Chhattisgarh) Limited has 76 court cases on record: 52 filed by SKS Power Generation (Chhattisgarh), 24 filed against it. 10 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 41 | 10 | 6 |
| Supreme Court | 21 | 6 | 4 |
| District courts | 6 | 4 | 0 |
| NCLAT | 6 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sarda Energy and Minerals Ltd | Pending |
| NCLAT, Court II | Tribunal matter | Filed by the company against Agritrade Power Holdings Pte. Limited and 16 others | Disposed |
| Supreme Court | Court case | Filed by the company against Isc Projects Private Limited | Disposed |
| High Court, CHHATTISGARH | Court case (WP227) | Filed against the company by M/S Isc Projects Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Macawber Beekay Private Limited | Disposed |
To see the full case history of SKS Power Generation (Chhattisgarh) 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
SKS Power Generation (Chhattisgarh) Limited was last rated by Icra on 30 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Mar 2022 |
To see the full credit ratings and regulatory alerts of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SKS Power Generation (Chhattisgarh) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SKS Power Generation (Chhattisgarh) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS4282R1ZD | Maharashtra | Active | 01 Jul 2017 |
| 22AAMCS4282R1ZN | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SKS Power Generation (Chhattisgarh) Limited, buy the company report.
Recent activity
SKS Power Generation (Chhattisgarh) Limited has 28 board changes on record since 2008: 3 appointments and 25 cessations. The latest: Binoy Sandip Parikh was appointed as Director on 20 Aug 2024.
50 earlier events are in the company report.
News
Frequently asked questions
SKS Power Generation (Chhattisgarh) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
SKS Power Generation (Chhattisgarh) was a public limited company based in Mumbai, Maharashtra, India. The company worked in thermal power generation and plants, within the energy and power industry. It was incorporated on 18 March 2008 and is registered under CIN U40103MH2008PLC180231. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
SKS Power Generation (Chhattisgarh) was incorporated on 18 March 2008. It is registered with the Registrar of Companies, Mumbai.
SKS Power Generation (Chhattisgarh) had 3 directors:
- Binoy Sandip Parikh - Director
- Manish Jugalkishore Sarda - Director
- Jitender Balakrishnan - Director
The CIN (Corporate Identification Number) of SKS Power Generation (Chhattisgarh) is U40103MH2008PLC180231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of SKS Power Generation (Chhattisgarh) is at Unit No.201&207 Centre Point Premises Chs Ltd 2nd Floor J.B. Nagar Andheri – Kurla Road An, Dheri E, Mumbai, Maharashtra, India – 400059.
SKS Power Generation (Chhattisgarh) can be reached through the website spgcl.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of SKS Power Generation (Chhattisgarh) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 23 January 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of SKS Power Generation (Chhattisgarh) is 27AAMCS4282R1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAMCS4282R1ZN (Chhattisgarh).
SKS Power Generation (Chhattisgarh) operated in the energy and power industry, in the thermal power generation and plants segment.
SKS Power Generation (Chhattisgarh) has 7 deals on record (5 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹374.95 Cr; the latest was in March 2020.
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