Smart Power Grid Limited
About Smart Power Grid Limited
Data last updated:
Smart Power Grid Limited is a public limited company based in Delhi, India, a subsidiary of Essel Infraprojects Limited. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 08 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2016PLC292264. Its GSTIN is 07AAWCS8533K1ZH (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mansha and Ankur Kumar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Essel House B – 10 Lawrence Road, Delhi, India – 110035.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.12 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹14.3 Lakh and EBITDA of -₹14.39 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Virtuous Energy. As per MCA filings, the company has satisfied charges of ₹2,960 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Smart Power Grid Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressEssel House B – 10 Lawrence Road, Delhi, India – 110035
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Smart Power Grid 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
Smart Power Grid operates one associated brand: Virtuous Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops solar energy projects, including design, installation, and operations. | virtuousenergy.com |
Business activity
The main business activity of Smart Power Grid 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 |
Financials of Smart Power Grid Limited
FY 2025 filings availableSmart Power Grid Limited reported revenue of ₹2.12 Lakh (down 98% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over three years, including a 98% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.12 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.3 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | |||||
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| 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 Smart Power Grid Limited, buy the company report.
Board of directors of Smart Power Grid Limited
Smart Power Grid has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansha Also directs: Essel Utilities Distribution Company Limited, Essel Power Distribution Company Limited, Last Mile Vas Management Limited and 5 more | Director | 31 Jul 2021 | 5 Years 3 Months | Current |
| Ankur Kumar | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Bikramjit Singh | Director | 28 Feb 2024 | 2 Years 8 Months | Current |
Shareholding
The shareholding of Smart Power Grid Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Smart Power Grid Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2016 | 100034926 | Idbi Trusteeship Services Limited | ₹1,480 Cr | Satisfied | |
| 22 Jun 2016 | 100035039 | Idbi Trusteeship Services Limited | ₹1,480 Cr | Satisfied |
To see the full charge records of Smart Power Grid Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Smart Power Grid Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by V.R.S. Internationals Pvt. Ltd. | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Virtuous Energy Private Limited | Disposed |
To see the full case history of Smart Power Grid 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 Smart Power Grid Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smart Power Grid Limited has a workforce of 1 employees on its EPFO records as of Mar 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 1 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Smart Power Grid Limited, buy the company report.
GST
Smart Power Grid has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAWCS8533K1ZH | Delhi | Active | 01 Jul 2017 |
| 03AAWCS8533K1ZP | Punjab | Active | 30 Oct 2017 |
| 10AAWCS8533K1ZU | Bihar | Active | 01 Dec 2017 |
To see the full GST registrations and return filing status of Smart Power Grid Limited, buy the company report.
Recent activity
Smart Power Grid Limited has 19 board changes on record since 2017: 3 appointments and 16 cessations. The latest: Ankur Kumar ceased to be Additional Director on 29 Sep 2024.
14 earlier events are in the company report.
Frequently asked questions
Smart Power Grid is an active public limited company based in Delhi, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 08 March 2016 (10+ years old) and is registered under CIN U40300DL2016PLC292264.
Smart Power Grid has 3 current directors:
- Mansha - Director
- Ankur Kumar - Director
- Bikramjit Singh - Director
The latest financial statements of Smart Power Grid on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Smart Power Grid is 07AAWCS8533K1ZH, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAWCS8533K1ZP (Punjab), 10AAWCS8533K1ZU (Bihar).
The CIN (Corporate Identification Number) of Smart Power Grid is U40300DL2016PLC292264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Power Grid has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Smart Power Grid was incorporated on 08 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Ankur Kumar ceased to be Additional Director on 29 Sep 2024. Bikramjit Singh ceased to be Additional Director on 29 Sep 2024. Ankur Kumar was appointed as Director on 01 Apr 2024. Smart Power Grid has 19 board changes on record in total.
The registered office of Smart Power Grid is at Essel House B – 10 Lawrence Road, Delhi, India – 110035.
Smart Power Grid operates in the energy and power industry, in the bop and btg services segment.
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