Bajaj Energy Limited

Thermal power generation company with 450 MW capacity spread across 5 locations in Uttar Pradesh.

2008 | Lakhimpur, Uttar Pradesh (India) | Active
Last Updated: July 26, 2024

Bajaj Energy Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 452.93 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20,440.06 Cr
  • Satisfied Charges ₹ 2,024.17 Cr
  • Revenue Growth 33.91%
  • Profit Growth 99.05%
  • Ebitda 15.75%
  • Net Worth 10.91%
  • Total Assets -8.24%

About Bajaj Energy

Bajaj Energy Limited (BEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 June 2008 and has a history of 16 years and seven months. Its registered office is in Lakhimpur, Uttar Pradesh, India.

The Corporate was formerly known as Bajaj Eco-Chem Products Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2,500.00 Cr and a paid-up capital of Rs 452.93 Cr.

The company currently has active open charges totaling ₹20,440.06 Cr. The company has closed loans amounting to ₹2,024.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bajaj Energy Limited India are Govind Maheshwari as CFO and Alok Desai as Company Secretary. Shalu Bhandari, Kushagra Bajaj, Tara Bhattacharya, and Five other members serve as directors at the Company.

Company Details

  • Location

    Lakhimpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40102UP2008PLC046764

  • Company No.

    046764

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2008

  • Date of AGM

    01 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Energy and Power

Who are the key members and board of directors at Bajaj Energy?

Executive Team (3)

NameDesignationAppointment DateStatus
Vinay Bankoti Country flag representing In Managing Director15-Oct-2020Current
Govind Maheshwari Country flag representing In CFO02-Jun-2021Current
Alok Desai Country flag representing In Company Secretary23-Mar-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Shalu Bhandari Country flag representing In Director 13-Feb-2019Current
Santosh Nayar Country flag representing In Director 16-Mar-2019Current
Kushagra Bajaj Country flag representing In Director 27-Jun-2008Current
Tara Bhattacharya Country flag representing In Director 21-Mar-2016Current
Dhananjay Date Country flag representing Gb Director 29-Jul-2016Current
Gauri Trivedi Country flag representing In Director 21-Mar-2016Current

Financial Performance of Bajaj Energy.

Bajaj Energy Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.91% increase. The company also saw a substantial improvement in profitability, with a 99.05% increase in profit. The company's net worth Soared by an impressive increase of 10.91%.

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
33.91%
Revenue from Operations
36.75%
Total Assets
-8.24%
Profit or Loss
99.05%
Net Worth
10.91%
EBITDA
15.75%

What is the Ownership and Shareholding Structure of Bajaj Energy?

In 2023, Bajaj Energy 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 Indicator graph

Charges (Loans)

Open Charges

₹20,440.06 Cr

Satisfied Charges

₹2,024.17 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 17664.06 Cr
  • Sbicap Trustee Company Limited : 1770.00 Cr
  • State Bank Of India : 1006.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jun 2017Idbi Trusteeship Services Limited₹1,593.00 CrOpen
20 Feb 2017Idbi Trusteeship Services Limited₹1,159.00 CrOpen
20 Feb 2017Idbi Trusteeship Services Limited₹929.00 CrOpen
20 Feb 2017Idbi Trusteeship Services Limited₹10,749.06 CrOpen
20 Feb 2017Idbi Trusteeship Services Limited₹3,051.00 CrOpen

How Many Employees Work at Bajaj Energy?

Bajaj Energy has a workforce of 498 employees as of Apr 08, 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 Bajaj Energy, 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 Bajaj Energy'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 Bajaj Energy

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 10,749.06 Cr registered on 20 Feb 2017 with Charge ID 100079884 was modified on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 696.00 Cr registered on 01 Nov 2010 with Charge ID 10251792 was modified on 18 Mar 2024.

    18 Mar 2024

  • Annual General Meeting

    Bajaj Energy Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records.

    01 Sep 2023

  • Balance Sheet

    Bajaj Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge registered on 28 Oct 2020 via Charge ID 100381155 with Idbi Trusteeship Services Limited was fully satisfied on 23 Jun 2021.

    23 Jun 2021

  • Charges

    A charge registered on 04 May 2020 via Charge ID 100337868 with Canara Bank was fully satisfied on 30 Apr 2021.

    30 Apr 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Bajaj Energy Limited was incorporated on 27 Jun 2008.

  • The authorized share capital of Bajaj Energy Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 452.93 Cr.

  • Currently 10 directors are associated with Bajaj Energy Limited.

    • Shalu Laxmanraj Bhandari
    • Kushagra Shishirkumar Bajaj
    • Tara Sankar Bhattacharya
    • Dhananjay Nilkanth Date
    • Santosh Balachandran Nayar
    • Gauri Surendra Trivedi
    • Ajay Vikram Singh
    • Vinay Kumar Singh Bankoti
    • Govind Maheshwari
    • Alok Avinash Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bajaj Energy Limited is Khambarkhera Shardanagar Road, Lakhimpur, Uttar Pradesh, India, 261506.

  • The corporate identification number (CIN) of Bajaj Energy Limited is U40102UP2008PLC046764 and the company number is 046764 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bajaj Energy Limited is https://www.bajajenergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bajaj Energy Limited has risen by 33.91%.

  • As Per 2023 financial reports, 498 employees are currently employed by Bajaj Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bajaj Energy Limited has experienced an upsurge of 10.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bajaj Energy Limited amount to ₹ 20,440.06 Cr.

  • The most recent Balance Sheet for Bajaj Energy Limited was filed with the ROC on 31 Mar 2023.

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