About Western Concessions Private Limited
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Western Concessions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of He Terminals Private Limited. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 18 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40101MH2010PTC201014. Its GSTIN is 07AACCH4231P1ZF (Delhi).
The company has an authorised share capital of ₹185 Cr and a paid-up capital of ₹148.72 Cr. It was formerly known as Hiranandani Gas Company Private Limited and H-Energy Gateway Private Limited. It is led by directors Mohan Madhukar Limaye and Santosh Giridharrao Ukhalkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hiranandani Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.16 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹459.64 Cr and EBITDA of -₹387.06 Cr. Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 322% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1,289.09 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website henergy.com.
Company details
Name history
Western Concessions has undergone 2 name changes throughout its history. The company was previously known as Hiranandani Gas Company Private Limited, and H-Energy Gateway Private Limited. The current legal name is Western Concessions Private Limited.
| Company Name | Status |
|---|---|
| Western Concessions Private Limited | Current |
| Hiranandani Gas Company Private Limited | Previous |
| H-Energy Gateway Private Limited | Previous |
Contact details
Western Concessions Private Limited's registered office is in Mumbai, Maharashtra. Its website is henergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 1st Floor B G House Orchard Avenue, Hiranandani Business Park Powai, Mumbai, Maharashtra, India – 400076
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Western Concessions 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
Business activity
The main business activities of Western Concessions are electricity, gas, steam and air condition supply and support service to organizations. In detail, this covers manufacture of gas, distribution of gaseous fuels and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Western Concessions Private Limited, buy the company report.
Financials of Western Concessions Private Limited
FY 2025 filings availableWestern Concessions Private Limited reported revenue of ₹74.16 Lakh (down 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 322%. 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
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| EBITDA | -₹387.06 Cr | ||||
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| Net Profit (PAT) | -₹459.64 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Western Concessions Private Limited, buy the company report.
Board of directors of Western Concessions Private Limited
Western Concessions 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 |
|---|---|---|---|---|
| Mohan Madhukar Limaye Also directs: Sriperumbdur Utilities LLP, Prakrutik Gasretail LLP, He Terminals Private Limited and 5 more | Director | 26 Jun 2023 | 3 Years 4 Months | Current |
| Santosh Giridharrao Ukhalkar Also directs: He Terminals Private Limited, H-Energy Private Limited, Bengal Concessions Private Limited and 5 more | Director | 02 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Western Concessions Private Limited is audited by Shridhar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shridhar & Associates | FY 2023 | 134427W |
Shareholding
The shareholding of Western Concessions 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Western Concessions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2017 | 100137778 | Others | ₹1,289.09 Cr | Satisfied |
To see the full charge records of Western Concessions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Western Concessions Private Limited has 19 court cases on record: 4 filed by Western Concessions, 15 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 14 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Afcons Sener LNG Construction Projects Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Offshore Infrastructures Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Emerson Measurement Systems and Solutions(India) Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Afcons Sener LNG Construction Projects Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Afcons Sener LNG Construction Projects Private Limited | Disposed |
To see the full case history of Western Concessions 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.
Credit ratings & regulatory alerts
Western Concessions Private Limited was last rated by Indiarating on 02 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 02 Nov 2021 |
To see the full credit ratings and regulatory alerts of Western Concessions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Western Concessions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Western Concessions Private Limited has a workforce of 48 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Western Concessions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCH4231P1ZF | Delhi | Active | 29 Nov 2018 |
To see the full GST registrations and return filing status of Western Concessions Private Limited, buy the company report.
Recent activity
Western Concessions Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Mohan Madhukar Limaye was appointed as Director on 26 Jun 2023.
2 earlier events are in the company report.
News
Frequently asked questions
Western Concessions is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 18 March 2010 (16+ years old) and is registered under CIN U40101MH2010PTC201014.
Western Concessions has 2 current directors:
- Mohan Madhukar Limaye - Director
- Santosh Giridharrao Ukhalkar - Director
The latest financial statements of Western Concessions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Western Concessions is 07AACCH4231P1ZF, registered in Delhi.
The CIN (Corporate Identification Number) of Western Concessions is U40101MH2010PTC201014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Western Concessions has 19 court cases on record: 4 filed by the company and 15 filed against it. 4 are pending. Most are in the high courts.
Western Concessions was incorporated on 18 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohan Madhukar Limaye was appointed as Director on 26 Jun 2023. Santosh Giridharrao Ukhalkar was appointed as Director on 02 Jun 2022. Navinderjeetsingh Surindersingh Bedi ceased to be Additional Director on 29 Sep 2017. Western Concessions has 8 board changes on record in total.
Western Concessions can be reached through the website henergy.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Western Concessions is at 101 1st Floor B G House Orchard Avenue, Hiranandani Business Park Powai, Mumbai, Maharashtra, India – 400076.