About Tapi Energy Projects Limited
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Tapi Energy Projects Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1993PLC072958.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.91 Cr. It is led by directors including Pramod Madhavdas Sheth and Ganesh Narasimha Kamath.
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 26 Gobind Mahal 86B Netaji Subhash Road Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.33 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -107.8%) and EBITDA of -₹9.25 Lakh (EBITDA margin -7%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in June 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weizmann.co.in.
Company details
CIN history
Tapi Energy Projects has one previous CIN (Corporate Identification Number): U65920MH1993PTC072958. The current CIN is U65920MH1993PLC072958, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65920MH1993PLC072958 | Current |
| U65920MH1993PTC072958 | Previous |
Contact details
Tapi Energy Projects Limited's registered office is in Mumbai, Maharashtra. Its website is weizmann.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address26 Gobind Mahal 86B Netaji Subhash Road Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Tapi Energy Projects 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 Tapi Energy Projects is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Tapi Energy Projects Limited, buy the company report.
Financials of Tapi Energy Projects Limited
FY 2025 filings availableTapi Energy Projects Limited reported revenue of ₹1.33 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 16% fall in the latest year. EBITDA fell 107% 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 | -₹9.25 Lakh | ||||
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| Net Profit (PAT) | -₹1.43 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 | -7% | ||||
| Net Profit Margin | -107.8% | ||||
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To see the full financial statements and ratios of Tapi Energy Projects Limited, buy the company report.
Board of directors of Tapi Energy Projects Limited
Tapi Energy Projects has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Madhavdas Sheth Also directs: Bay Wind Projects Private Limited, Windia Infrastructure Finance Limited, True Man Properties Private Limited and 2 more | Director | 31 Jul 2004 | 22 Years 3 Months | Current |
| Ganesh Narasimha Kamath Also directs: Windia Infrastructure Finance Limited | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Smita Vinesh Davda | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Tapi Energy Projects Limited is audited by Nikhil D. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nikhil D. Shah & Co. | FY 2023 | 137750W |
Shareholding
The shareholding of Tapi Energy Projects Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Tapi Energy Projects Limited, buy the company report.
Deals & funding
Tapi Energy Projects Limited has 1 deal on record (1 acquisition); the latest was in June 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Acquisition | ₹3.03 Cr | Buyer: Weizmann Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tapi Energy Projects Limited has 2 court cases on record: 2 filed by Tapi Energy Projects. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Tapi Energy Projects 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 Tapi Energy Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tapi Energy Projects Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tapi Energy Projects Limited has 19 board changes on record since 1997: 11 appointments and 8 cessations. The latest: Nimesh Bakul Maniyar ceased to be Company Secretary on 31 Dec 2021.
10 earlier events are in the company report.
Frequently asked questions
Tapi Energy Projects is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 19 July 1993 (33+ years old) and is registered under CIN U65920MH1993PLC072958.
Tapi Energy Projects has 3 current directors:
- Pramod Madhavdas Sheth - Director
- Ganesh Narasimha Kamath - Director
- Smita Vinesh Davda - Director
The latest financial statements of Tapi Energy Projects 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 CIN (Corporate Identification Number) of Tapi Energy Projects is U65920MH1993PLC072958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tapi Energy Projects has 2 court cases on record: 2 filed by the company.
Tapi Energy Projects was incorporated on 19 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Tapi Energy Projects has 1 deal on record (1 acquisition); the latest was in June 2017.
Nimesh Bakul Maniyar ceased to be Company Secretary on 31 Dec 2021. Nimesh Bakul Maniyar was appointed as Company Secretary on 16 Dec 2019. Ganesh Narasimha Kamath was appointed as Director on 30 Mar 2019. Tapi Energy Projects has 19 board changes on record in total.
Tapi Energy Projects can be reached through the website weizmann.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tapi Energy Projects is at 26 Gobind Mahal 86B Netaji Subhash Road Marine Drive, Mumbai, Maharashtra, India – 400002.
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