About Tusco Limited
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Tusco Limited is a public limited union government company based in Lucknow, Uttar Pradesh, India, a subsidiary of Thdc India Limited. It operates in the power epc segment of the energy and power sector. It was incorporated on 12 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U40106UP2020GOI134504. Its GSTIN is 09AAICT0920F1DR (Uttar Pradesh).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹49.5 Cr. It is led by directors including Neeraj Verma and Ajay Kumar Garg.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at IV Floor Up Neda Bhawan Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.39 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹47.33 Lakh (net margin -90.3%) and EBITDA of -₹57.5 Lakh (EBITDA margin -109.8%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years.
The company is associated with 1 brand: TUSCO. As per MCA filings, the company has open charges of ₹283.65 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tuscoltd.co.in.
Company details
Contact details
Tusco Limited's registered office is in Lucknow, Uttar Pradesh. Its website is tuscoltd.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIV Floor Up Neda Bhawan Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Tusco 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
Tusco operates one associated brand: TUSCO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manages solar energy projects in Uttar Pradesh, India. | tuscoltd.co.in |
Business activity
The main business activity of Tusco 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 Tusco Limited
FY 2025 filings availableTusco Limited reported revenue of ₹52.39 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 72%. EBITDA rose 22% 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 | -₹57.5 Lakh | ||||
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| Net Profit (PAT) | -₹47.33 Lakh | ||||
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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 | -109.8% | ||||
| Net Profit Margin | -90.3% | ||||
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To see the full financial statements and ratios of Tusco Limited, buy the company report.
Board of directors and KMP of Tusco Limited
Tusco Limited currently reports 4 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Bajpai | Company Secretary | 08 Oct 2020 | 6 Years 0 Months | Current |
| Neeraj Verma Also directs: Thdcil-Ujvnl Energy Company Limited, Tredco Rajasthan Limited | Nominee Director | 24 Dec 2025 | 0 Years 9 Months | Current |
| Ajay Kumar Garg Also directs: Tredco Rajasthan Limited | Nominee Director | 24 Dec 2025 | 0 Years 9 Months | Current |
| Sipan Kumar Garg | Nominee Director | 09 Sep 2025 | 1 Years 1 Months | Current |
| Inderjit Singh | Nominee Director | 24 Apr 2025 | 1 Years 5 Months | Current |
Auditor
Tusco Limited is audited by D.S. Shukla & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S. Shukla & Co. | FY 2023 | 000773C |
Shareholding
The shareholding of Tusco Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tusco Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101105687 | Others | ₹143.18 Cr | Open | |
| 19 May 2023 | 100725580 | Others | ₹140.47 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Tusco Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lalitpur, Uttar Pradesh | Civil suit | Filed against the company by an individual | Pending |
| Allahabad High Court | Court case (WRIB) | Filed against the company | Disposed |
| Allahabad High Court | Writ petition | Filed against the company | Disposed |
| District court, Lalitpur, Uttar Pradesh | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Tusco 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 Tusco Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tusco Limited has 1 active EPFO establishment as of Mar 25, 2024.
GST
Tusco has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICT0920F1DR | Uttar Pradesh | Active | 09 Feb 2021 |
To see the full GST registrations and return filing status of Tusco Limited, buy the company report.
Recent activity
Tusco Limited has 23 board changes on record since 2020: 14 appointments and 9 cessations. The latest: Ajay Kumar Garg was appointed as Nominee Director on 24 Dec 2025.
16 earlier events are in the company report.
Frequently asked questions
Tusco is an active public limited union government company based in Lucknow, Uttar Pradesh, India. The company works in power epc, within the energy and power industry. It was incorporated on 12 September 2020 (6+ years old) and is registered under CIN U40106UP2020GOI134504.
Tusco has 5 current directors and KMP:
- Neeraj Verma - Nominee Director
- Ajay Kumar Garg - Nominee Director
- Sipan Kumar Garg - Nominee Director
- Inderjit Singh - Nominee Director
- Himanshu Bajpai - Company Secretary
The latest financial statements of Tusco on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Tusco is 09AAICT0920F1DR, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Tusco is U40106UP2020GOI134504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tusco has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Tusco was incorporated on 12 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Ajay Kumar Garg was appointed as Nominee Director on 24 Dec 2025. Neeraj Verma was appointed as Nominee Director on 24 Dec 2025. Sandeep Singhal ceased to be Nominee Director on 23 Dec 2025. Tusco has 23 board changes on record in total.
Tusco can be reached through the website tuscoltd.co.in. Its registered office is in Lucknow, Uttar Pradesh, India.
The registered office of Tusco is at IV Floor Up Neda Bhawan Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.