Azure Power India Private Limited

Develops solar power projects with 1.8 GW capacity in various Indian states.

2008 | Delhi (India) | Active
Last Updated: December 14, 2024

Azure Power India Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 6.92 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16,532.89 Cr
  • Satisfied Charges ₹ 24,369.27 Cr
  • Revenue Growth -58.51%
  • Profit Growth -1330.36%
  • Ebitda -132.45%
  • Net Worth -6.51%
  • Total Assets 6.56%

About Azure Power India

Azure Power India Private Limited (APIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 February 2008 and has a history of 16 years and 11 months. Its registered office is in Delhi, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 130.00 Cr and a paid-up capital of Rs 6.92 Cr.

The company currently has active open charges totaling ₹16,532.89 Cr. The company has closed loans amounting to ₹24,369.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Azure Power India Private Limited India is Kapil Sharma as COMPANY SECRETARY. Sugata Sircar, Sunil Gupta, Richard Payette, and Six other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106DL2008PTC174774

  • Company No.

    174774

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Feb 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

Who are the key members and board of directors at Azure Power India?

Executive Team (2)

NameDesignationAppointment DateStatus
Kapil Sharma Country flag representing In Company Secretary28-Jan-2017Current
Sunil Gupta Country flag representing Sg Managing Director08-Aug-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Sugata Sircar Country flag representing In Director 01-Oct-2022Current
Richard Payette Country flag representing Ca Director 01-Jul-2023Current
Julian Gratiaen Nominee Director 13-Aug-2024Current
Pratibha Bajaj Nominee Director 30-Oct-2024Current
Jaime Nieto Country flag representing Mx Nominee Director 01-Dec-2023Current
Philippe Wind Country flag representing Fr Nominee Director 31-Oct-2023Current

Financial Performance of Azure Power India.

Azure Power India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 58.51% decrease. The company also saw a substantial fall in profitability, with a 1330.36% decrease in profit. The company's net worth dipped by a decrease of 6.51%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-58.51%
Revenue from Operations
-67.26%
Total Assets
6.56%
Profit or Loss
-1330.36%
Net Worth
-6.51%
EBITDA
-132.45%

What is the Ownership and Shareholding Structure of Azure Power India?

In 2021, Azure Power India had a promoter holding of 97.75% and a public holding of 2.25%. The company had 50 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16,532.89 Cr

Satisfied Charges

₹24,369.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 16225.98 Cr
  • Yes Bank Limited : 250.00 Cr
  • Sbicap Trustee Company Limited : 55.16 Cr
  • Hdfc Bank Limited : 1.74 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2024Others₹145.00 CrOpen
23 Jul 2024Others₹1,303.00 CrOpen
22 Mar 2024Others₹42.00 CrOpen
19 Feb 2024Others₹6.40 MOpen
31 Aug 2022Others₹250.00 CrOpen

How Many Employees Work at Azure Power India?

Azure Power India has a workforce of 355 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Azure Power India, 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 Azure Power India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Azure Power India

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 145.00 Cr registered on 16 Oct 2024 with Charge ID 100988645 was modified on 06 Dec 2024.

    06 Dec 2024

  • Director Appointment

    Pratibha Bajaj was appointed as a Nominee Director was appointed as a Nominee Director on 30 Oct 2024 & has been associated with this company since 3 months 2 days .

    30 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 145.00 Cr with Charge ID 100988645 was registered on 16 Oct 2024.

    16 Oct 2024

  • Annual General Meeting

    Azure Power India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 42.00 Cr registered on 22 Mar 2024 with Charge ID 100901471 was modified on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge registered on 12 Oct 2021 via Charge ID 100495088 with Sbicap Trustee Company Limited was fully satisfied on 05 Sep 2024.

    05 Sep 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Azure Power India Private Limited was incorporated on 29 Feb 2008.

  • The authorized share capital of Azure Power India Private Limited is ₹ 130.00 Cr and paid-up capital is ₹ 6.92 Cr.

  • Currently 10 directors are associated with Azure Power India Private Limited.

    • Sugata Sircar
    • Sunil Kumar Gupta
    • Richard Payette
    • Julian Suresh Paul Gratiaen
    • Pratibha Bajaj
    • Kapil Sharma
    • Jaime Garcia Nieto
    • Philippe Pierre Wind
    • Jean Francois Joseph Boisvenu
    • Brijesh Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Azure Power India Private Limited is Dsc-304 Second Floor Dlf South Court, Saket District Centre India, New Delhi, 110017.

  • The corporate identification number (CIN) of Azure Power India Private Limited is U40106DL2008PTC174774 and the company number is 174774 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Azure Power India Private Limited is https://www.azurepower.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Azure Power India Private Limited has fallen by -58.51%.

  • As Per 2021 financial reports, 355 employees are currently employed by Azure Power India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Azure Power India Private Limited has experienced an downturn of -6.51%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Azure Power India Private Limited amount to ₹ 16,532.89 Cr.

  • The most recent Balance Sheet for Azure Power India Private Limited was filed with the ROC on 31 Mar 2024.

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