Ujjawala Power Private Limited
About Ujjawala Power Private Limited
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Ujjawala Power Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Maif Investments India Pte. Ltd.. It operates in the electric power generation segment of the energy sector. It was incorporated on 15 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40101GJ2010PTC107120. Its GSTIN is 24AABCU2728H1ZI (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Bharat Rathi and Venkata Ram Mohan.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 906 – 907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.69 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.18 Cr (net margin 19.4%) and EBITDA of ₹24.08 Cr (EBITDA margin 90.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹177.25 Cr and satisfied charges of ₹69.98 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2019. 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 Photon Sunbeam Private Limited with revenue of ₹27.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ujjawala Power has one previous CIN (Corporate Identification Number): U40101DL2010PTC208285. The current CIN is U40101GJ2010PTC107120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101GJ2010PTC107120 | Current |
| U40101DL2010PTC208285 | Previous |
Contact details
Ujjawala Power Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address906 – 907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of Ujjawala Power 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 Ujjawala Power 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 Ujjawala Power Private Limited, buy the company report.
Financials of Ujjawala Power Private Limited
FY 2025 filings availableUjjawala Power Private Limited reported revenue of ₹26.69 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 4% fall in the latest year. EBITDA fell 2% 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 | ₹24.08 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.18 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 | 90.2% | ||||
| Net Profit Margin | 19.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ujjawala Power Private Limited, buy the company report.
Board of directors of Ujjawala Power Private Limited
Ujjawala Power has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Ram Mohan Also directs: Hiraco Renewable Energy Private Limited, CBC Solar Technologies Private Limited, Ganeshvani Merchandise Private Limited and 5 more | Nominee Director | 21 Mar 2025 | 1 Years 7 Months | Current |
| Bharat Rathi Also directs: Solitaire Energies Limited, Responsive Sutip Limited, Hiraco Renewable Energy Private Limited and 5 more | Director | 28 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Ujjawala Power 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 |
|---|---|---|---|---|---|---|
| Photon Sunbeam Private Limited | ₹27.2 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Heramba Renewables Limited | ₹27.06 Cr (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Avaada Sustainable Energy Private Limited | ₹26.87 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Ujjvalatejas Solaire Urja Private Limited | ₹26.72 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Ujjawala Power Private Limitedthis company | ₹26.69 Cr (FY 2025) | ₹5.18 Cr | 19.4% | -4.0% | Ahmedabad, Gujarat, India | |
| Solairedirect Projects India Private Limited | ₹26.68 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| First Energy 4 Private Limited | ₹26.61 Cr (FY 2025) | 86.0% | Pune, Maharashtra, India | |||
| Chattel Constructions Private Limited | ₹26.57 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Aavanti Solar Energy Private Limited | ₹26.56 Cr (FY 2024) | 44.0% | Shiggaon, Karnataka, India |
To see the full peer comparison of Ujjawala Power Private Limited, buy the company report.
Auditor
Ujjawala Power Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2022 | 001076N/N500013 |
Shareholding
The shareholding of Ujjawala Power Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ujjawala Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101154829 | Sbicap Trustee Company Limited | ₹46.55 Cr | Open | |
| 21 Nov 2017 | 100176288 | Sbicap Trustee Company Limited | ₹130.7 Cr | Open | |
| 02 Jul 2013 | 10434637 | Others | ₹69.98 Cr | Satisfied |
To see the full charge records of Ujjawala Power Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ujjawala Power Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Macquarie Group Seller: Costal Projects Limited, Costal Projects Limited & Pao Hara G. Hari |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Costal Projects Limited & Pao Hara G. Hari, Costal Projects Limited Seller: Indian Hydro Electric Power Private Limited & Divya Prakash Nanda, Indian Hydro Electric Power Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ujjawala Power Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Moser Baer Energy Development Ltd(Now Porbandar Solar Power Ltd) Through Its Authorised Signatory Manish Verma Through Its Authorised Signatory Manish Verma 235, Okhla Industrial Estate, Phase III, New Delhi , District: New Delhi ,New Delhi , Delhi | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Gujarat Urja Vikas Nigam Limited General Manager (Com) General Manager (Com) Sardar Patel Vidyut Bhavan, Race Course , District: Vadodara ,Vadodara , Gujarat | Pending |
| High Court of Delhi | Tax appeal | Filed against the company by Principal Commisioner of Income Tax -7, Delhi | Disposed |
To see the full case history of Ujjawala Power 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
Ujjawala Power Private Limited was last rated by Crisil on 19 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Mar 2020 |
To see the full credit ratings and regulatory alerts of Ujjawala Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ujjawala Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ujjawala Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCU2728H1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ujjawala Power Private Limited, buy the company report.
Recent activity
Ujjawala Power Private Limited has 19 board changes on record since 2010: 2 appointments and 17 cessations. The latest: Abhishek Poddar ceased to be Nominee Director on 21 Mar 2025.
16 earlier events are in the company report.
Frequently asked questions
Ujjawala Power is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electric power generation, within the energy industry. It was incorporated on 15 September 2010 (16+ years old) and is registered under CIN U40101GJ2010PTC107120.
Ujjawala Power has 2 current directors:
- Venkata Ram Mohan - Nominee Director
- Bharat Rathi - Director
The latest financial statements of Ujjawala Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ujjawala Power is 24AABCU2728H1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Ujjawala Power is U40101GJ2010PTC107120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ujjawala Power has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the supreme court.
Ujjawala Power was incorporated on 15 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ujjawala Power has 2 deals on record (2 secondary share transfers); the latest was in March 2019.
The peers of Ujjawala Power by revenue are Photon Sunbeam Private Limited, Heramba Renewables Limited, Avaada Sustainable Energy Private Limited, Ujjvalatejas Solaire Urja Private Limited, Solairedirect Projects India Private Limited and 3 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Abhishek Poddar ceased to be Nominee Director on 21 Mar 2025. Venkata Ram Mohan was appointed as Nominee Director on 21 Mar 2025. Kushkumar Rajeev Shetty ceased to be Nominee Director on 07 Jul 2021. Ujjawala Power has 19 board changes on record in total.
The registered office of Ujjawala Power is at 906 – 907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
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