- Udyam number
- UDYAM-TN-18-0000293

About Ultravolt Power Private Limited
Data last updated:
Ultravolt Power Private Limited is a private limited company based in Palayamkottai, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 05 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40105TN2010PTC090229. Its GSTIN is 27AABCU1454A1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹97 Cr and a paid-up capital of ₹56.72 Cr. It was formerly known as Ushdev Exporters and Importers Private Limited and Ushdev Power Holdings Private Limited. It is led by directors Prateek Vijay Gupta and Arvind Prasad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Palayamkottai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.86 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹56.73 Cr (net margin -101.6%) and EBITDA of -₹41.32 Cr (EBITDA margin -74%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Ushdev Power. As per MCA filings, the company has open charges of ₹135 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹82.01 Cr; the latest was in October 2013. Its 5 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Clean Max Theia Private Limited with revenue of ₹57.64 Cr.
Ultravolt Power Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-18-0000293). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ushdevpower.com.
Company details
Name history
Ultravolt Power has undergone 2 name changes throughout its history. The company was previously known as Ushdev Exporters And Importers Private Limited, and Ushdev Power Holdings Private Limited. The current legal name is Ultravolt Power Private Limited.
| Company Name | Status |
|---|---|
| Ultravolt Power Private Limited | Current |
| Ushdev Exporters And Importers Private Limited | Previous |
| Ushdev Power Holdings Private Limited | Previous |
CIN history
Ultravolt Power has one previous CIN (Corporate Identification Number): U40105MH2010PTC199770. The current CIN is U40105TN2010PTC090229, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40105TN2010PTC090229 | Current |
| U40105MH2010PTC199770 | Previous |
Recognitions & Rankings of Ultravolt Power
Contact details
Ultravolt Power Private Limited's registered office is in Palayamkottai, Tamil Nadu. Its website is ushdevpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No 262/2 2nd Floor Jp Complex, 2nd Middle Steeet Tneb Tirunelveli, Palayamkottai, Tamil Nadu, India – 627011
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Ultravolt 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
Brands
Ultravolt Power operates one associated brand: Ushdev Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IPP in wind sector | ushdevpower.com |
Business activity
The main business activity of Ultravolt 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 Ultravolt Power Private Limited, buy the company report.
Financials of Ultravolt Power Private Limited
FY 2024 filings availableUltravolt Power Private Limited reported revenue of ₹55.86 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 3% fall in the latest year. EBITDA fell 225% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹41.32 Cr | ||||
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| Net Profit (PAT) | -₹56.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -74% | ||||
| Net Profit Margin | -101.6% | ||||
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To see the full financial statements and ratios of Ultravolt Power Private Limited, buy the company report.
Board of directors of Ultravolt Power Private Limited
Ultravolt Power has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Vijay Gupta Also directs: MJJ Steel Private Limited, Pragma Global Trade Limited, Hurricane Windfarms Private Limited and 5 more | Nominee Director | 05 Feb 2010 | 16 Years 8 Months | Current |
| Arvind Prasad Also directs: Pragma Global Trade Limited, Hurricane Windfarms Private Limited, Portman Properties Private Limited and 3 more | Nominee Director | 01 Oct 2013 | 13 Years 1 Months | Current |
Peer comparison
Ultravolt Power Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Wind 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 |
|---|---|---|---|---|---|---|
| Clean Max Theia Private Limited | ₹57.64 Cr (FY 2025) | 110.0% | Mumbai, Maharashtra, India | |||
| Green Infra Wind Farm Assets Private Limited | ₹56.62 Cr (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| Renew Wind Energy (Ap 3) Private Limited | ₹56.47 Cr (FY 2024) | 2.0% | New Delhi, Delhi, India | |||
| Ultravolt Power Private Limitedthis company | ₹55.86 Cr (FY 2024) | -₹56.73 Cr | -101.6% | -3.0% | Palayamkottai, Tamil Nadu, India | |
| Doddanavar Global Energy Private Limited | ₹55.67 Cr (FY 2025) | 79.0% | Belgaum, Karnataka, India | |||
| Vayu (Project 1) Private Limited | ₹55.12 Cr (FY 2024) | -35.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Ultravolt Power Private Limited, buy the company report.
Auditor
Ultravolt Power Private Limited is audited by SGN and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGN and Co. | FY 2023 | 134565W |
Shareholding
The shareholding of Ultravolt Power Private 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 Ultravolt Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2016 | 100065219 | Idbi Trusteeship Services Limited | ₹135 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Ultravolt Power Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹82.01 Cr; the latest was in October 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2013 | Funding round | ₹50 Lakh | Investors: GVFL |
| Sep 2013 | Funding round | ₹81.51 Cr | Investors: Ud Power Group Holding Pte Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ultravolt Power Private Limited has 8 court cases on record: 4 filed by Ultravolt Power, 4 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 3 | 0 | 2 |
| High courts | 2 | 2 | 0 |
| NCLAT | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against Icici Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by GVFL Trustee Company Private Limited | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against GVFL Trustee Company Pvt. Ltd. | Disposed |
| Supreme Court | Court case | Filed by the company against GVFL Trustee Company Private Limited | Disposed |
| NCLAT, Court I | Tribunal matter | Filed against the company by GVFL Trustee Company Pvt Ltd | Disposed |
To see the full case history of Ultravolt 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ultravolt Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ultravolt Power has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ushdev Engitech Limited | U29999TN2001PLC097292 | |
| Hurricane Windfarms Private Limited | U40101TN2011PTC097288 | |
| Ushdev MG Windfarms Private Limited | U40102TN2012PTC088742 | |
| Ushdev Windpark Private Limited | U40300TN2012PTC088608 |
To see the full group structure of Ultravolt Power Private Limited, buy the company report.
GST
Ultravolt Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU1454A1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ultravolt Power Private Limited, buy the company report.
Recent activity
Ultravolt Power Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Sanjay Kumar Randhar ceased to be Director on 30 Mar 2018.
Frequently asked questions
Ultravolt Power is an active private limited company based in Palayamkottai, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 05 February 2010 (16+ years old) and is registered under CIN U40105TN2010PTC090229.
Ultravolt Power has 2 current directors:
- Prateek Vijay Gupta - Nominee Director
- Arvind Prasad - Nominee Director
The latest financial statements of Ultravolt Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ultravolt Power is 27AABCU1454A1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ultravolt Power is U40105TN2010PTC090229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultravolt Power has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending. Most are in the supreme court.
Ultravolt Power was incorporated on 05 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Ultravolt Power has 2 deals on record (2 funding rounds), with disclosed funding of ₹82.01 Cr; the latest was in October 2013.
The peers of Ultravolt Power by revenue are Clean Max Theia Private Limited, Green Infra Wind Farm Assets Private Limited, Renew Wind Energy (Ap 3) Private Limited, Doddanavar Global Energy Private Limited, Vayu (Project 1) Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Sanjay Kumar Randhar ceased to be Director on 30 Mar 2018. Suman Vijay Gupta ceased to be Director on 06 Sep 2016. Devendra Khandegar ceased to be Nominee Director on 31 Aug 2016. Ultravolt Power has 8 board changes on record in total.
Yes, Ultravolt Power is registered as an MSME under Udyam registration (number: UDYAM-TN-18-0000293).

