Essar Power Profile
Key Indicators
- Authorised Capital ₹ 20,000.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 4,874.54 Cr
as on 17-07-2024
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14,750.52 Cr
as on 17-07-2024
- Satisfied Charges ₹ 12,681.00 Cr
as on 17-07-2024
- Revenue -52.03%
(FY 2023)
- Profit 1468.24%
(FY 2023)
- Ebitda -25590.91%
(FY 2023)
- Net Worth 532.36%
(FY 2023)
- Total Assets 4.75%
(FY 2023)
About Essar Power
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 2023. It's a company limited by shares with an authorized capital of Rs 20,000.00 Cr and a paid-up capital of Rs 4,874.54 Cr.
The company currently has active open charges totaling ₹14,750.52 Cr. The company has closed loans amounting to ₹12,681.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Essar Power Limited India are Kapil Singla as Cfo, Kush as Ceo, and Prakash Khedekar as Company Secretary. Ramesh Ramakrishnan, Rachana Luharuka, Ramesh Mohanty, and Three other members serve as directors at the Company.
- CIN/LLPIN
U40100GJ1991PLC064824
- Company No.
064824
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Oct 1991
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Gandhinagar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Essar Power Limited offer?
Essar Power Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Power Plants & Spare Parts, Steel & Stainless Steel Products, Industrial Steel, Building & Real Estate Developers, Commercial Construction Service, Power Plant Equipment, Energy Conservation, Freight Forwarding Services, Shipping Services.
Who are the key members and board of directors at Essar Power?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kapil Singla  | CFO | 26-Mar-2018 | Current |
| Kush | CEO | 01-Oct-2020 | Current |
| Prakash Khedekar | Company Secretary | 20-Sep-2018 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhaven Bhatt | Director | 15-Apr-2023 | Current |
| Ramesh Ramakrishnan | Director | 15-Sep-2023 | Current |
| Rachana Luharuka | Director | 07-Feb-2024 | Current |
| Ramesh Mohanty | Director | 20-Oct-2022 | Current |
| Kush | Whole-Time Director and Ceo | 01-Apr-2023 | Current |
| Kapil Singla | Director and Cfo | 15-Apr-2023 | Current |
Financial Performance and Corporate Structure Insights of Essar Power.
Essar Power Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.03% decrease. The company also saw a substantial improvement in profitability, with a 1468.24% increase in profit. The company's net worth Soared by an impressive increase of 532.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Essar Power?
In 2023, Essar Power had a promoter holding of 92.77% and a public holding of 7.23%. The company had 8 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Essar Power Gujarat LimitedActive 17 years 8 monthsRamesh Mohanty, Bhaven Bhatt and 3 more are mutual person
- Essar Electric Power Development Corporation LimitedActive 27 years 4 months
Kapil Singla and Prakash Khedekar are mutual person
- Essar Power Transmission Company LimitedActive 19 years 14 days
Kapil Singla and Prakash Khedekar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 20 Sep 2023 | ₹150.00 Cr | Open |
Others Creation Date: 31 May 2023 | ₹900.00 Cr | Open |
Others Creation Date: 31 May 2023 | ₹900.00 Cr | Open |
How Many Employees Work at Essar Power?
Essar Power has a workforce of 10 employees as of Mar 26, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Essar 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 Essar 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.
