About Up Koraun Urja Private Limited
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Up Koraun Urja Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Essel Green Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 01 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2016PTC285439. Its GSTIN is 09AABCU9798F1ZM (Uttar Pradesh).
The company has an authorised share capital of ₹34.4 Cr and a paid-up capital of ₹34.4 Cr. It is led by directors including Abhijeet Bhattacharya and Saurabh Singh.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor B – 517 Kanakia Zillion, Lbs Marg Kurla (W) Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.79 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹15.99 Cr (net margin -76.9%) and EBITDA of ₹17.28 Cr (EBITDA margin 83.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹152.47 Cr and satisfied charges of ₹179.98 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in September 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselgroup.com.
Company details
Contact details
Up Koraun Urja Private Limited's registered office is in Mumbai, Maharashtra. Its website is esselgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5th Floor B – 517 Kanakia Zillion, Lbs Marg Kurla (W) Mumbai, Maharashtra, India – 400070
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Up Koraun Urja 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
Financials of Up Koraun Urja Private Limited
FY 2025 filings availableUp Koraun Urja Private Limited reported revenue of ₹20.79 Cr (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 4% growth in the latest year. EBITDA rose 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20.79 Cr | ||||
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| EBITDA | ₹17.28 Cr | ||||
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| Net Profit (PAT) | -₹15.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 83.1% | ||||
| Net Profit Margin | -76.9% | ||||
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To see the full financial statements and ratios of Up Koraun Urja Private Limited, buy the company report.
Board of directors of Up Koraun Urja Private Limited
Up Koraun Urja has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Bhattacharya Also directs: Flexirural Urja Jalgaon Limited, MH Parbhani Power Private Limited, Ecophonic Odisha Urja Private Limited and 5 more | Director | 21 Jul 2023 | 3 Years 3 Months | Current |
| Saurabh Singh Also directs: Flexirural Urja Jalgaon Limited, MH Parbhani Power Private Limited, Ecophonic Odisha Urja Private Limited and 5 more | Director | 21 Jul 2023 | 3 Years 3 Months | Current |
| Vivek Shrivastava Also directs: Pushne Power Private Limited, Pushne Urja Private Limited, Flexirural Urja Jalgaon Limited and 5 more | Director | 21 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Up Koraun Urja Private Limited is audited by Phulwani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phulwani & Co. | FY 2023 |
Shareholding
The shareholding of Up Koraun Urja 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 Up Koraun Urja Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2024 | 100901415 | Others | ₹152.47 Cr | Open | |
| 28 Mar 2019 | 100248902 | Others | ₹10.98 Cr | Satisfied | |
| 25 May 2017 | 100103722 | Others | ₹169 Cr | Satisfied |
To see the full charge records of Up Koraun Urja Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Up Koraun Urja Private Limited has 1 deal on record (1 acquisition); the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Acquisition | ₹68.78 Cr | Buyer: Essel Green Energy Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Up Koraun Urja Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Up Koraun Urja Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Up Koraun Urja has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCU9798F1ZM | Uttar Pradesh | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Up Koraun Urja Private Limited, buy the company report.
Recent activity
Up Koraun Urja Private Limited has 19 board changes on record since 2016: 3 appointments and 16 cessations. The latest: Abhijeet Bhattacharya ceased to be Additional Director on 25 Sep 2023.
16 earlier events are in the company report.
Frequently asked questions
Up Koraun Urja is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 01 September 2016 (10+ years old) and is registered under CIN U40106MH2016PTC285439.
Up Koraun Urja has 3 current directors:
- Abhijeet Bhattacharya - Director
- Saurabh Singh - Director
- Vivek Shrivastava - Director
The latest financial statements of Up Koraun Urja on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Up Koraun Urja is 09AABCU9798F1ZM, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Up Koraun Urja is U40106MH2016PTC285439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Up Koraun Urja was incorporated on 01 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Up Koraun Urja has 1 deal on record (1 acquisition); the latest was in September 2016.
Abhijeet Bhattacharya ceased to be Additional Director on 25 Sep 2023. Saurabh Singh ceased to be Additional Director on 25 Sep 2023. Vivek Shrivastava ceased to be Additional Director on 25 Sep 2023. Up Koraun Urja has 19 board changes on record in total.
Up Koraun Urja can be reached through the website esselgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Up Koraun Urja is at 5th Floor B – 517 Kanakia Zillion, Lbs Marg Kurla W Mumbai, Maharashtra, India – 400070.
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