About TN Urja Private Limited
Data last updated:
TN Urja Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Adani Renewable Energy Holding Ten 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 solar energy solutions segment of the environmental services sector. It was incorporated on 13 February 2015.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40300GJ2015PTC128076. Its GSTIN is 09AAFCT2467A1ZH (Uttar Pradesh). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.61 Cr. It was led by directors including Mitesh A Chauhan and Vikas Gulati.
Its last annual general meeting (AGM) was held on 15 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹64.58 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹16.74 Cr (net margin 25.9%) and EBITDA of ₹60.37 Cr (EBITDA margin 93.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 17% over five years.
As per MCA filings, the company had satisfied charges of ₹257.7 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 6 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue), with disclosed funding of ₹27.23 Cr; the latest was in March 2021. Its 8 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is Adani Green Energy Twenty Six B Limited with revenue of ₹66.12 Cr.
The last known website on record is adani.com.
Company details
CIN history
TN Urja has one previous CIN (Corporate Identification Number): U40300MH2015PTC261830. The current CIN is U40300GJ2015PTC128076, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300GJ2015PTC128076 | Current |
| U40300MH2015PTC261830 | Previous |
Contact details
TN Urja Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of TN Urja Private 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 TN Urja 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 TN Urja Private Limited, buy the company report.
Financials of TN Urja Private Limited
FY 2023 filings availableTN Urja Private Limited reported revenue of ₹64.58 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA rose 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹64.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹60.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.74 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.5% | ||||
| Net Profit Margin | 25.9% | ||||
| 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 TN Urja Private Limited, buy the company report.
Board of directors of TN Urja Private Limited
TN Urja has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh A Chauhan Also directs: Le Cirage Enterprise LLP, Adani Renewable Energy Holding One Limited, Adani Solar Energy Kutchh Two Limited and 5 more | Director | 20 Oct 2022 | 4 Years 0 Months | As last reported |
| Vikas Gulati | Director | 25 Sep 2020 | 6 Years 1 Months | As last reported |
| Rajeev Lochan Also directs: Adani Renewable Energy Sixteen Limited | Director | 25 Sep 2020 | 6 Years 1 Months | As last reported |
Peer comparison
TN Urja Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Solar Power), 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 |
|---|---|---|---|---|---|---|
| Adani Green Energy Twenty Six B Limited | ₹66.12 Cr (FY 2025) | 27450.0% | Ahmedabad, Gujarat, India | |||
| Acme PV Powertech Private Limited | ₹66.12 Cr (FY 2025) | -10.0% | Gurgaon, Haryana, India | |||
| Acme Rewa Solar Energy Private Limited | ₹65.81 Cr (FY 2025) | 3.0% | Gurgaon, Haryana, India | |||
| Enviro Solaire Private Limited | ₹65.37 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| TN Urja Private Limitedthis company | ₹64.58 Cr (FY 2023) | ₹16.74 Cr | 25.9% | 10.0% | Ahmedabad, Gujarat, India | |
| Kiran Suryaprakash India Private Limited | ₹63.55 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Elena Renewable Energy Private Limited | ₹63.53 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Surajkiran Renewable Resources Limited | ₹62.47 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Nirosha Power Private Limited | ₹61.92 Cr (FY 2025) | 5.0% | Gurgaon, Haryana, India |
To see the full peer comparison of TN Urja Private Limited, buy the company report.
Auditor
TN Urja Private Limited is audited by DHARMESH PARIKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH PARIKH & CO | FY 2023 | 112054W |
Shareholding
The shareholding of TN Urja Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TN Urja Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2016 | 100048625 | Others | ₹257.7 Cr | Satisfied |
To see the full charge records of TN Urja Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
TN Urja Private Limited has 6 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue), with disclosed funding of ₹27.23 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Adani Renewable Energy Holding Ten Limited Seller: Essel Green Energy Private Limited |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Express Toll Roads Limited , Essel Highways Limited , Sparkly Water Management Private Limited Seller: Essel Green Energy Private Limited |
| Aug 2019 | Acquisition | Undisclosed | Buyer: Adani Green Energy Limited Seller: Essel Green Energy Private Limited , Essel Infraprojects Limited |
| Jun 2016 | Funding round | ₹27.23 Cr | Investors: Essel Green Energy Private Limited |
| Mar 2016 | Rights issue | ₹16.58 Cr | Investors: Essel Green Energy Private Limited |
To see the full deal history of TN Urja Private 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
TN Urja Private Limited has 3 court cases on record: 2 filed by TN Urja, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 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. | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of TN Urja Private 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
TN Urja Private Limited was last rated by Care on 05 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Dec 2022 |
To see the full credit ratings and regulatory alerts of TN Urja Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TN Urja Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
TN Urja has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCT2467A1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of TN Urja Private Limited, buy the company report.
Recent activity
TN Urja Private Limited has 23 board changes on record since 2015: 3 appointments and 20 cessations. The latest: Mitesh A Chauhan ceased to be Additional Director on 14 Jul 2023.
16 earlier events are in the company report.
Frequently asked questions
TN Urja 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.
TN Urja was a private limited company based in Ahmedabad, Gujarat, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 13 February 2015 and is registered under CIN U40300GJ2015PTC128076. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
TN Urja was incorporated on 13 February 2015. It is registered with the Registrar of Companies, Ahmedabad.
TN Urja had 3 directors:
- Mitesh A Chauhan - Director
- Vikas Gulati - Director
- Rajeev Lochan - Director
The CIN (Corporate Identification Number) of TN Urja is U40300GJ2015PTC128076. 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 TN Urja is at Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421.
TN Urja can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of TN Urja on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of TN Urja is 09AAFCT2467A1ZH, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
TN Urja operated in the environment industry, in the solar energy solutions segment.
TN Urja has 6 deals on record (2 secondary share transfers, 2 acquisitions, 1 rights issue), with disclosed funding of ₹27.23 Cr; the latest was in March 2021.
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