- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0117948

About Wish Energy Solutions Private Limited
Data last updated:
Wish Energy Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Enzen Global Solutions Private Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29307WB2007PTC112358. Its GSTIN is 27AAACU8731B1ZI (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.64 Lakh. It was formerly known as Luminous Renewable Energy Solutions Private Limited and U D Energy Systems Private Limited. It is led by directors including Hanumagowda Gowdar and Jagadish Nanjappa.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 6C Rameshwar Shaw Road, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.78 Lakh (net margin 1.2%) and EBITDA of ₹77.2 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 40% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wishenergy. As per MCA filings, the company has satisfied charges of ₹9.4 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹15.16 Cr; the latest was in March 2018. Its 4 peer companies in the Power industry (Energy Solutions, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 smaller; the largest is Pentagon Switchgear Private Limited with revenue of ₹11.2 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 175 overdue payments to 38 micro and small suppliers.
Wish Energy Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0117948). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wishenergy.com.
Company details
Name history
Wish Energy Solutions has undergone 2 name changes throughout its history. The company was previously known as Luminous Renewable Energy Solutions Private Limited, and U D Energy Systems Private Limited. The current legal name is Wish Energy Solutions Private Limited.
| Company Name | Status |
|---|---|
| Wish Energy Solutions Private Limited | Current |
| Luminous Renewable Energy Solutions Private Limited | Previous |
| U D Energy Systems Private Limited | Previous |
Recognitions & Rankings of Wish Energy Solutions
Contact details
Wish Energy Solutions Private Limited's registered office is in Kolkata, West Bengal. Its website is wishenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6C Rameshwar Shaw Road, Kolkata, West Bengal, India – 700014
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Wish Energy Solutions 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
Wish Energy Solutions operates one associated brand: Wishenergy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and installs wind and solar energy systems for sustainable power generation. | wishenergy.com |
Business activity
The main business activity of Wish Energy Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Wish Energy Solutions Private Limited, buy the company report.
Financials of Wish Energy Solutions Private Limited
FY 2023 filings availableWish Energy Solutions Private Limited reported revenue of ₹11.21 Cr (up 321% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 321% growth 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 | |||||
| Other Income | |||||
| Total Revenue | ₹11.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹77.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.78 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Wish Energy Solutions Private Limited, buy the company report.
Board of directors of Wish Energy Solutions Private Limited
Wish Energy Solutions 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 |
|---|---|---|---|---|
| Hanumagowda Gowdar | Director | 24 Sep 2021 | 5 Years 1 Months | Current |
| Satheesh Kumar Krishna Pillai Nair Also directs: Enzen Global Solutions Private Limited | Additional Director | 03 Feb 2025 | 1 Years 8 Months | Current |
| Jagadish Nanjappa | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Wish Energy Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Energy Solutions, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wish Energy Solutions Private Limitedthis company | ₹11.21 Cr (FY 2023) | ₹13.78 Lakh | 1.2% | 321.0% | 13 | Kolkata, West Bengal, India |
| Pentagon Switchgear Private Limited | ₹11.2 Cr (FY 2025) | 17.0% | Coimbatore, Tamil Nadu, India | |||
| Gemini Conductors Private Limited | ₹11.2 Cr (FY 2024) | 17.0% | Tumkur, Karnataka, India | |||
| Hindustan Switch Private Limited | ₹11.18 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Salunke Automation Private Limited | ₹11.17 Cr (FY 2024) | 29.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Wish Energy Solutions Private Limited, buy the company report.
Auditor
Wish Energy Solutions Private Limited is audited by DPRH & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DPRH & Associates | FY 2023 | 012539S |
Shareholding
The shareholding of Wish Energy Solutions 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 Wish Energy Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2010 | 10224074 | Bank of Baroda | ₹4.9 Cr | Satisfied | |
| 19 Feb 2009 | 10146132 | Kotak Mahindra Bank Limited | ₹2.5 Cr | Satisfied | |
| 26 Nov 2007 | 10078194 | Citibank N. A. | ₹2 Cr | Satisfied |
To see the full charge records of Wish Energy Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Wish Energy Solutions Private Limited has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹15.16 Cr; the latest was in March 2018.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2007 | Funding round | ₹6.5 Lakh | Investors: Ud Marketing Pvt Ltd , an individual |
| Mar 2007 | Acquisition | ₹1 Lakh | Buyer: Ud Marketing Pvt Ltd Seller: 2 individuals |
To see the full deal history of Wish Energy Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wish Energy Solutions Private Limited has 6 court cases on record: 4 filed by Wish Energy Solutions, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by U Solar Clean Energy Solutions Private Limited Rep by B Praveen Kumar | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Karnataka Renewable Energy Development Limited and 1 other | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (ECA A) | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Wish Energy Solutions 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
Wish Energy Solutions Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 175 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| J.P.Electronic Devices (India ) Private Limited | |||
| an individual supplier | |||
| Speqta Power Private Limited | |||
| an individual supplier | |||
| G M Manufacturing Services |
To see the full MSME payment records of Wish Energy Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Wish Energy Solutions Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Wish Energy Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU8731B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wish Energy Solutions Private Limited, buy the company report.
Recent activity
Wish Energy Solutions Private Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Satheesh Kumar Krishna Pillai Nair was appointed as Additional Director on 03 Feb 2025.
16 earlier events are in the company report.
Frequently asked questions
Wish Energy Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 January 2007 (19+ years old) and is registered under CIN U29307WB2007PTC112358.
Wish Energy Solutions has 3 current directors:
- Hanumagowda Gowdar - Director
- Satheesh Kumar Krishna Pillai Nair - Additional Director
- Jagadish Nanjappa - Director
The latest financial statements of Wish Energy Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Wish Energy Solutions is 27AAACU8731B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wish Energy Solutions is U29307WB2007PTC112358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wish Energy Solutions has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Wish Energy Solutions was incorporated on 02 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Wish Energy Solutions has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹15.16 Cr; the latest was in March 2018.
The peers of Wish Energy Solutions by revenue are Pentagon Switchgear Private Limited, Gemini Conductors Private Limited, Hindustan Switch Private Limited, Salunke Automation Private Limited, all in the Power industry (Energy Solutions, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Satheesh Kumar Krishna Pillai Nair was appointed as Additional Director on 03 Feb 2025. Hanumagowda Gowdar ceased to be Additional Director on 15 Nov 2021. Hanumagowda Gowdar was appointed as Director on 24 Sep 2021. Wish Energy Solutions has 19 board changes on record in total.
Yes, Wish Energy Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0117948).
Wish Energy Solutions has 4 MSME Form 1 returns on record between 2022 and 2023, listing 175 overdue payments to 38 micro and small suppliers. The latest return was filed on 13 Dec 2023.