About Ujvn Limited
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Ujvn Limited is a public limited state government company based in Dehradun, Uttarakhand, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U40101UR2001SGC025866. Its GSTIN is 05AAACU6672R1ZN (Uttarakhand). The company holds 21 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹1,543.01 Cr. It was formerly known as Uttarakhand Jal Vidyut Nigam Limited and Uttaranchal Jal Vidyut Nigam Limited. It is led by directors including Sandeep Singhal (Managing Director) and Indu Kumar Pande.
Its last annual general meeting (AGM) was held on 16 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ujjwal Maharani Baghdehradun Dehradun, Uttarakhand, India – 248006.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,132.2 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹57.36 Cr (net margin 5.1%) and EBITDA of ₹494.93 Cr (EBITDA margin 43.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company is associated with 1 brand: UJVN Limited. As per MCA filings, the company has open charges of ₹2,706.01 Cr and satisfied charges of ₹250 Cr on record. Court records list 262 cases involving the company, including 72 filed by the company and 190 filed against it; 63 cases are pending. The company has 9 deals on record (7 funding rounds, 2 rights issues), with disclosed funding of ₹1,120.78 Cr; the latest was in November 2024. Its 6 peer companies in the Cleantech industry (Hydro Power, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 4 smaller; the largest is Sprng Energy Private Limited with revenue of ₹1,280.77 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 188 overdue payments to 83 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ujvnl.com.
Company details
Name history
Ujvn has undergone 2 name changes throughout its history. The company was previously known as Uttarakhand Jal Vidyut Nigam Limited, and Uttaranchal Jal Vidyut Nigam Limited. The current legal name is Ujvn Limited.
| Company Name | Status |
|---|---|
| Ujvn Limited | Current |
| Uttarakhand Jal Vidyut Nigam Limited | Previous |
| Uttaranchal Jal Vidyut Nigam Limited | Previous |
CIN history
Ujvn has one previous CIN (Corporate Identification Number): U40101UP2001PLC025866. The current CIN is U40101UR2001SGC025866, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101UR2001SGC025866 | Current |
| U40101UP2001PLC025866 | Previous |
Contact details
Ujvn Limited's registered office is in Dehradun, Uttarakhand. Its website is ujvnl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUjjwal Maharani Baghdehradun Dehradun, Uttarakhand, India – 248006
- IndustryEnvironment, Solar Energy Solutions, Hydroelectric Power Solutions, Biofuel & Biomass Energy
To see the full contact details of Ujvn 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
Ujvn operates one associated brand: UJVN Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services by UJVN Limited. | uttarakhandjalvidyut.com |
Business activity
The main business activity of Ujvn 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 Ujvn Limited, buy the company report.
Financials of Ujvn Limited
FY 2025 filings availableUjvn Limited reported revenue of ₹1,132.2 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 9% growth in the latest year. EBITDA rose 11% 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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| Total Expenses | |||||
| EBITDA | ₹494.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.36 Cr | ||||
| Balance Sheet | |||||
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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 | 43.7% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ujvn Limited, buy the company report.
Board of directors of Ujvn Limited
Ujvn has 8 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Singhal | Managing Director | 01 Feb 2020 | 6 Years 9 Months | Current |
| Dilip Jawalkar Also directs: Uttarakhand Power Corporation Limited, Kishau Corporation Limited, Garhwal Mandal Vikas Nigam Limited and 4 more | Nominee Director | 11 Jun 2025 | 1 Years 4 Months | Current |
| Indu Kumar Pande Also directs: House of Himalayas Limited | Director | 08 Mar 2019 | 7 Years 7 Months | Current |
| Suresh Chandra Baluni Also directs: Thdcil-Ujvnl Energy Company Limited, Kishau Corporation Limited | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Parag Gupta Also directs: Uttarakhand Power Corporation Limited, Panimko Advisors LLP, Power Transmission Corporation of Uttarakhand Limited and 2 more | Director | 17 Nov 2023 | 2 Years 11 Months | Current |
| Bhagwati Prasad Pandey Also directs: Uttarakhand Power Corporation Limited | Director | 05 Mar 2018 | 8 Years 8 Months | Current |
Peer comparison
Ujvn Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Hydro Power, 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 |
|---|---|---|---|---|---|---|
| Sprng Energy Private Limited | ₹1,280.77 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Renew Solar Power Private Limited | ₹1,178 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Ujvn Limitedthis company | ₹1,132.2 Cr (FY 2025) | ₹57.36 Cr | 5.1% | 9.0% | Dehradun, Uttarakhand, India | |
| Ayana Renewable Power Private Limited | ₹1,122.27 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Adani Hybrid Energy Jaisalmer Four Limited | ₹1,055.52 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Parampujya Solar Energy Limited | ₹1,033.08 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| KKV Agro Powers Limited | ₹962.23 Cr (FY 2025) | -38.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Ujvn Limited, buy the company report.
Auditor
Ujvn Limited is audited by Verendra Kalra & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Verendra Kalra & Co. | FY 2023 | 006568C |
Shareholding
The shareholding of Ujvn Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ujvn Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2022 | 100612000 | State Bank of India | ₹81.39 Cr | Open | |
| 29 Aug 2019 | 100286354 | Others | ₹100 Cr | Open | |
| 29 Aug 2019 | 100286355 | Others | ₹25 Cr | Open | |
| 29 Aug 2019 | 100286356 | Others | ₹25 Cr | Open | |
| 14 Nov 2017 | 100138613 | Others | ₹216 Cr | Open |
To see the full charge records of Ujvn Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Ujvn Limited has 9 deals on record (7 funding rounds, 2 rights issues), with disclosed funding of ₹1,120.78 Cr; the latest was in November 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Rights issue | ₹141.77 Cr | Investors: an individual |
| Feb 2023 | Rights issue | ₹86.43 Cr | Investors: an individual |
| Mar 2021 | Funding round | ₹105.23 Cr | Investors: an individual |
| Sep 2019 | Funding round | ₹51.46 Cr | Investors: an individual |
| Jan 2018 | Funding round | ₹63.3 Cr | Investors: an individual |
To see the full deal history of Ujvn 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
Ujvn Limited has 262 court cases on record: 72 filed by Ujvn, 190 filed against it. 63 cases are pending and 199 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 198 | 160 | 55 |
| District courts | 37 | 12 | 5 |
| Supreme Court | 27 | 18 | 3 |
Cases on record (5 of 262)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Uttarakhand | Court case (AO) | Filed against the company by Ms Continental Construction International Limited | Pending |
| High Court of Uttarakhand | Arbitration matter | Filed against the company by Aps Hydro Pvt Ltd | Pending |
| District court, Dehradun, Uttarakhand | Arbitration matter | Filed by the company against R.R Constructions and Infrastructure India Pvt. Ltd. | Pending |
| High Court, UTTARAKHAND | Court case (WPMB) | Filed against the company by Sunflag Power Ltd | Pending |
| District court, Dehradun, Uttarakhand | Arbitration matter | Filed by the company against M/S SCL Infratech Ltd and 1 other | Pending |
To see the full case history of Ujvn 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
Ujvn Limited was last rated by Indiarating on 12 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 12 Jul 2021 |
To see the full credit ratings and regulatory alerts of Ujvn Limited, buy the company report.
MSME payment delays
Ujvn Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 188 overdue payments to 83 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 83)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Uttranchal Telecom Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ujvn Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ujvn has 21 GST registrations: 1 active and 20 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACU6672R1ZN | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ujvn Limited, buy the company report.
Recent activity
Ujvn Limited has 49 board changes on record since 2008: 10 appointments and 39 cessations. The latest: Raj Kumar ceased to be Director on 31 Jul 2025.
57 earlier events are in the company report.
Frequently asked questions
Ujvn is an active public limited state government company based in Dehradun, Uttarakhand, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 February 2001 (25+ years old) and is registered under CIN U40101UR2001SGC025866.
Ujvn has 8 current directors:
- Sandeep Singhal - Managing Director
- Dilip Jawalkar - Nominee Director
- Indu Kumar Pande - Director
- Suresh Chandra Baluni - Director
- Parag Gupta - Director
- Bhagwati Prasad Pandey - Director
- Rajan Meenakshi Sundaram - Director
- Anand Bardhan - Nominee Director
The latest financial statements of Ujvn on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ujvn is 05AAACU6672R1ZN, registered in Uttarakhand. The company has 21 GST registrations in all, of which 1 is active and 20 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ujvn is U40101UR2001SGC025866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ujvn has 262 court cases on record: 72 filed by the company and 190 filed against it. 63 are pending. Most are in the high courts.
Ujvn was incorporated on 12 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Uttarakhand.
Ujvn has 9 deals on record (7 funding rounds, 2 rights issues), with disclosed funding of ₹1,120.78 Cr; the latest was in November 2024.
The peers of Ujvn by revenue are Sprng Energy Private Limited, Renew Solar Power Private Limited, Ayana Renewable Power Private Limited, Adani Hybrid Energy Jaisalmer Four Limited, Parampujya Solar Energy Limited and 1 more, all in the Cleantech industry (Hydro Power, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Raj Kumar ceased to be Director on 31 Jul 2025. Dilip Jawalkar was appointed as Nominee Director on 11 Jun 2025. Anand Bardhan was appointed as Nominee Director on 10 May 2025. Ujvn has 49 board changes on record in total.
Ujvn has 14 MSME Form 1 returns on record between 2019 and 2024, listing 188 overdue payments to 83 micro and small suppliers. The latest return was filed on 15 May 2024.
Ujvn can be reached through the website ujvnl.com. Its registered office is in Dehradun, Uttarakhand, India.
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