Vidarbha Industries Power Limited - Company Profile

It is a energy and power public limited company based in Mumbai, Maharashtra, India, established in 2005.

2005 Mumbai, Maharashtra, India Active

Last Updated: December 17, 2025

About Vidarbha Industries Power Limited

Vidarbha Industries Power Limited, a active public limited company, was established on 27 December 2005 in Mumbai, Maharashtra, India. Engaging in thermal power generation & plants within the electricity, gas, steam and air condition supply sector, it holds CIN: U23209MH2005PLC158371. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹1.00 M.

Formerly known as Reliance Mineral Resources Limited. It upholds a compliant status. Its leadership includes Sandeep Jain (Director), Nishit Harshadrai Dave (Director), Kanti Biswas (Director). Past directors included Krishnamurthy Kakaraparthy, Shrikant Digambar Kulkarni, Manoj Bhaiyasaheb Pongde. It holds ₹4,954.21 Cr open charges and ₹17,196.63 Cr settled loans. Its latest AGM occurred on 03 August 2024, with the balance sheet filed on 31 March 2024. It is based at Shop No 16 Floor 1 Plot 8 Khatau Building Alkesh Dinesh Modi Road,, Bombay Stock Exchange Fort Mumbai, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U23209MH2005PLC158371
Registration Number
158371
Incorporation Date
27 December 2005
Authorized Capital
₹1,000.00 Cr
Paid-Up Capital
₹1.00 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,000.00 Cr as on 17-12-2025
Paid Up Capital ₹ 1.00 M as on 17-12-2025
Company Age 20 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 4,954.21 Cr as on 17-12-2025
Satisfied Charges ₹ 17,196.63 Cr as on 17-12-2025
Revenue Growth **** 78.73% (FY 2023)
Profit Growth **** -140.88% (FY 2023)
Ebitda **** 13.76% (FY 2023)
Net Worth -3643.99% (FY 2023)
Total Assets -6.08% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Vidarbha Industries Power Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vidarbha Industries Power Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sandeep Jain	Director	07 Jul 2025	Current
Nishit Harshadrai Dave	Director	07 Jul 2025	Current
Kanti Biswas	Director	07 Jul 2025	Current
Sanjay Rangnekar	Whole-Time Director	09 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	25 Jul 2009	Past
Pramod Abcsdd	Additional Director	28 Sep 2017	Past
Pramod Abcsdd	Additional Director	05 Nov 2021	Past
Pramod Abcsdd	Director	10 Feb 2017	Past
Pramod Abcsdd	Additional Director	29 Sep 2025	Past
Pramod Abcsdd	Additional Director	17 Sep 2024	Past

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Financial Performance of Vidarbha Industries Power.

Vidarbha Industries Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.73% increase. The company also saw a substantial fall in profitability, with a 140.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 3643.99%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

78.73%

*******

Revenue from Operations

*******

5.83%

*******

Total Assets

*******

-6.08%

*******

Profit or Loss

*******

-140.88%

*******

Net Worth

*******

-3643.99%

*******

EBITDA

*******

13.76%

*******

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What is the Ownership and Shareholding Structure of Vidarbha Industries Power?

In 2023, Vidarbha Industries Power had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹49,542,093,373.00

Satisfied Charges

₹171,966,280,119.00

Charges Breakdown by Lending Institutions

Others : 14862.63 Cr
State Bank Of India : 1200.00 Cr
Bank Of Maharashtra : 500.00 Cr
Axis Bank Limited : 384.00 Cr
Vijaya Bank : 200.00 Cr
Others : 50.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Nov 2015	Others	₹4,954.21 Cr	Satisfied
07 Aug 2015	Others	₹4,954.21 Cr	Satisfied
26 Mar 2015	State Bank Of India	₹1,000.00 Cr	Satisfied
31 Dec 2014	Bank Of Maharashtra	₹400.00 Cr	Satisfied
31 Dec 2014	Vijaya Bank	₹200.00 Cr	Satisfied

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How Many Employees Work at Vidarbha Industries Power?

Unlock and access historical data on people associated with Vidarbha Industries Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Vidarbha Industries Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vidarbha Industries Power's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Vidarbha Industries Power

Recent Activity within the Organization

Charges

The activity A charge registered on 28 Apr 2010 via Charge ID 10220896 with Others was fully satisfied on 21 Aug 2025. was completed.
21 Aug 2025
Director Appointment

The activity Sanjay Rangnekar was appointed as a Whole-time director was appointed as a Whole-time director on 09 Jul 2025 & has been associated with this company since 7 months 26 days . was completed.
09 Jul 2025
Director Appointment

The activity Sandeep Jain was appointed as a Director was appointed as a Director on 07 Jul 2025 & has been associated with this company since 7 months 28 days . was completed.
07 Jul 2025
Director Appointment

The activity Nishit Harshadrai Dave was appointed as a Director was appointed as a Director on 07 Jul 2025 & has been associated with this company since 7 months 28 days . was completed.
07 Jul 2025
Director Appointment

Kanti Biswas was appointed as a Director was appointed as a Director on 07 Jul 2025 & has been associated with this company since 7 months 28 days . was recorded as a recent event.
07 Jul 2025
Charges

The activity A charge registered on 30 Nov 2015 via Charge ID 10604611 with Others was fully satisfied on 04 Jul 2025. was completed.
04 Jul 2025

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