Ultravolt Power Private Limited

Ultravolt Power Private Limited - environment in Palayamkottai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U40105TN2010PTC090229 Incorporated 05 February 2010 ROC Chennai HQ Palayamkottai, Tamil Nadu, India
Active Private Limited Company environment MSME
Data last updated
Revenue · FY 2024
₹55.86 Cr
▼ 3% YoY
Net loss · FY 2024
₹56.73 Cr
Net margin -101.6%
EBITDA · FY 2024
-₹41.32 Cr
EBITDA margin -74%
Authorised capital
₹97 Cr
Registered with MCA
Paid-up capital
₹56.72 Cr
Issued & subscribed
Open charges
₹135 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

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

CIN U40105TN2010PTC090229
Registration Number 090229
Incorporation Date 05 February 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-18-0000293

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 NameStatus
Ultravolt Power Private LimitedCurrent
Ushdev Exporters And Importers Private LimitedPrevious
Ushdev Power Holdings Private LimitedPrevious

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.

CINStatus
U40105TN2010PTC090229Current
U40105MH2010PTC199770Previous

Recognitions & Rankings of Ultravolt Power

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-18-0000293

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
  • Registered Address
    Door No 262/2 2nd Floor Jp Complex, 2nd Middle Steeet Tneb Tirunelveli, Palayamkottai, Tamil Nadu, India – 627011
  • Industry
    Environment, Wind Energy Solutions

To see the full contact details of Ultravolt Power Private Limited, buy the company report.

Comprehensive company report
Ultravolt Power Private Limited - one report that includes everything
  • 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
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Brands

Ultravolt Power operates one associated brand: Ushdev Power. Each brand links to its own profile.

BrandDescriptionWebsite
IPP in wind sectorushdevpower.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 codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric 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 available

Ultravolt Power Private Limited reported revenue of ₹55.86 Cr (down 3% YoY) for FY 2024.

Revenue · FY 2024
₹55.86 Cr ▼ 3%
Net loss · FY 2024
₹56.73 Cr margin -101.6%
EBITDA · FY 2024
-₹41.32 Cr margin -74%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 225%
3 years · compounded
▼ 53%
5 years · compounded
▼ 26%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹41.32 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹56.73 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-74%
Net Profit Margin-101.6%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Prateek Vijay GuptaNominee Director05 Feb 201016 Years 8 MonthsCurrent
Arvind PrasadNominee Director01 Oct 201313 Years 1 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 firmFinancial yearFirm registration number
SGN and Co.FY 2023134565W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹135 Cr
Satisfied charges
None
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹135.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Nov 2016100065219Idbi Trusteeship Services Limited₹135 CrOpen

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.

Total deals
2
Funding rounds
2
Disclosed funding
₹82.01 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2013Funding round₹50 LakhInvestors: GVFL
Sep 2013Funding round₹81.51 CrInvestors: Ud Power Group Holding Pte Ltd

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

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.

4
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Ushdev Engitech LimitedU29999TN2001PLC097292
Hurricane Windfarms Private LimitedU40101TN2011PTC097288
Ushdev MG Windfarms Private LimitedU40102TN2012PTC088742
Ushdev Windpark Private LimitedU40300TN2012PTC088608

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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCU1454A1ZTMaharashtraActive01 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.

AGM
Ultravolt Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ultravolt Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Sanjay Kumar Randhar ceased to be Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 135.00 Cr with Charge ID 100065219 was registered on 21 Nov 2016.
Ceased
Suman Vijay Gupta ceased to be Director.
Ceased
Devendra Khandegar ceased to be Nominee Director.
Ceased
Harish Chandra Pattnaik ceased to be Nominee Director.
Appointed
Arvind Prasad was appointed as Nominee Director.
Ceased
Arvind Prasad ceased to be Managing Director.
Ceased
Prateek Vijay Gupta ceased to be Director.
Appointed
Prateek Vijay Gupta was appointed as Nominee Director.
Incorporation
05 Feb 2010
Ultravolt Power Private Limited was registered on 05 Feb 2010 with Roc Chennai & aged 16 years 8 months as per MCA records.

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:

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).