About Ushdev Windpark Private Limited
Data last updated:
Ushdev Windpark Private Limited is a private limited company based in Palayamkottai, Tamil Nadu, India, a subsidiary of Ultravolt Power Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 22 November 2012.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2012PTC088608. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kunarapu Venkatesh and Prateek Vijay Gupta.
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 ₹10.52 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹2.58 Cr (net margin -24.5%) and EBITDA of ₹6.98 Cr (EBITDA margin 66.4%). Revenue has declined at a compounded annual rate (CAGR) of 895% over three years and 5% over five years.
The company is associated with 1 brand: Ushdev International. As per MCA filings, the company has open charges of ₹64.8 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 1 case is pending.
The last known website on record is ushdev.com.
Company details
Contact details
Ushdev Windpark Private Limited's registered office is in Palayamkottai, Tamil Nadu. Its website is ushdev.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 Street Tneb Tirunelveli, Palayamkottai, Tamil Nadu, India – 627011
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Ushdev Windpark 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
Ushdev Windpark operates one associated brand: Ushdev International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metal trading, recycling, and wind farm EPC services are provided. | ushdev.com |
Business activity
The main business activity of Ushdev Windpark 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 Ushdev Windpark Private Limited, buy the company report.
Financials of Ushdev Windpark Private Limited
FY 2024 filings availableUshdev Windpark Private Limited reported revenue of ₹10.52 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 16% fall in the latest year. EBITDA fell 18% 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 | ₹6.98 Cr | ||||
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| Net Profit (PAT) | -₹2.58 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 | 66.4% | ||||
| Net Profit Margin | -24.5% | ||||
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To see the full financial statements and ratios of Ushdev Windpark Private Limited, buy the company report.
Board of directors of Ushdev Windpark Private Limited
Ushdev Windpark has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunarapu Venkatesh | Additional Director | 12 Jun 2024 | 2 Years 4 Months | As last reported |
| Prateek Vijay Gupta Also directs: MJJ Steel Private Limited, Pragma Global Trade Limited, Hurricane Windfarms Private Limited and 5 more | Additional Director | 20 May 2024 | 2 Years 5 Months | As last reported |
Peer comparison
Ushdev Windpark 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 |
|---|---|---|---|---|---|---|
| M.A.G Renewable Energy Private Limited | ₹11 Cr (FY 2025) | 195.0% | Tirupur, Tamil Nadu, India | |||
| Green Infra Corporate Wind Private Limited | ₹10.77 Cr (FY 2025) | -16.0% | Gurgaon, Haryana, India | |||
| Ushdev Windpark Private Limitedthis company | ₹10.52 Cr (FY 2024) | -₹2.58 Cr | -24.5% | -16.0% | Palayamkottai, Tamil Nadu, India | |
| Hi-Tech Resource Management Limited | ₹10.51 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Sri Amman Sizing and Weaving Mills Private Limited | ₹10.32 Cr (FY 2024) | 762.0% | Annur, Tamil Nadu, India | |||
| Project Twelve Renewable Power Private Limited | ₹10.14 Cr (FY 2025) | Rajajinagar Bangalore, Karnataka, India |
To see the full peer comparison of Ushdev Windpark Private Limited, buy the company report.
Auditor
Ushdev Windpark Private Limited is audited by Khandelwal Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal Jain & Co. | FY 2022 | 105049W |
Shareholding
The shareholding of Ushdev Windpark 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 Ushdev Windpark Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2014 | 10516241 | Canara Bank | ₹64.8 Cr | Open |
To see the full charge records of Ushdev Windpark Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ushdev Windpark Private Limited has 6 court cases on record: 6 filed by Ushdev Windpark. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 2 others | Pending |
| High Court, Rajasthan | Court case (WMAP) | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 3 others | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 2 others | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against Gupta Global Resources Limited and 3 others | Disposed |
| High Court of Rajasthan | Court case (WMAP) | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 1 other | Disposed |
To see the full case history of Ushdev Windpark 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 Ushdev Windpark Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ushdev Windpark has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ushdev Windpark Private Limited, buy the company report.
Recent activity
Ushdev Windpark Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Kunarapu Venkatesh was appointed as Additional Director on 12 Jun 2024.
News
Frequently asked questions
Ushdev Windpark is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ushdev Windpark is a company under insolvency, formerly operating as a private limited company based in Palayamkottai, Tamil Nadu, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 22 November 2012 and is registered under CIN U40300TN2012PTC088608. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ushdev Windpark has 2 current directors:
- Kunarapu Venkatesh - Additional Director
- Prateek Vijay Gupta - Additional Director
The latest financial statements of Ushdev Windpark 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 CIN (Corporate Identification Number) of Ushdev Windpark is U40300TN2012PTC088608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ushdev Windpark has open charges of ₹64.8 Cr and no satisfied charges on record as per latest MCA filings.
Ushdev Windpark has 6 court cases on record: 6 filed by the company. 1 is pending.
Ushdev Windpark was incorporated on 22 November 2012. It is registered with the Registrar of Companies, Chennai.
The peers of Ushdev Windpark by revenue are M.A.G Renewable Energy Private Limited, Green Infra Corporate Wind Private Limited, Hi-Tech Resource Management Limited, Sri Amman Sizing and Weaving Mills Private Limited, Project Twelve Renewable Power Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Kunarapu Venkatesh was appointed as Additional Director on 12 Jun 2024. Prateek Vijay Gupta was appointed as Additional Director on 20 May 2024. Jitendra Nathuram Bijutkar ceased to be Additional Director on 30 Sep 2022. Ushdev Windpark has 7 board changes on record in total.
Ushdev Windpark can be reached through the website ushdev.com. Its registered office is in Palayamkottai, Tamil Nadu, India.
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