Essar Power (Orissa) Limited

Developing a coal-based power plant to supply energy to a pelletization plant.

2005 | Surat, Gujarat (India) | Active
Last Updated: January 03, 2025

Essar Power (Orissa) Profile

Key Indicators

  • Authorised Capital ₹ 5,000.00 Cr
  • Paid Up Capital ₹ 645.35 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 452.95 Cr
  • Revenue Growth -100.00%
  • Profit Growth 98.46%
  • Ebitda -101.86%
  • Net Worth -33.28%
  • Total Assets -40.03%

About Essar Power (Orissa)

Essar Power (Orissa) Limited (EPOL) is a Public Limited Indian Non-Government Company incorporated in India on 19 October 2005 and has a history of 19 years and four months. Its registered office is in Surat, Gujarat, India.

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 5,000.00 Cr and a paid-up capital of Rs 645.35 Cr.

The company has closed loans amounting to ₹452.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prasad Udas, Sameer Prabhakar, and Sunil Jambhale serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    essar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31101GJ2005PLC081701

  • Company No.

    081701

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Essar Power (Orissa)?

Board Members (3)

NameDesignationAppointment DateStatus
Prasad Udas Country flag representing In Additional Director 20-Aug-2024Current
Sameer Prabhakar Country flag representing In Additional Director 20-Aug-2024Current
Sunil Jambhale Country flag representing In Additional Director 20-Aug-2024Current

Financial Performance of Essar Power (Orissa).

Essar Power (Orissa) Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 98.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 33.28%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-40.03%
Profit or Loss
98.46%
Net Worth
-33.28%
EBITDA
-101.86%

What is the Ownership and Shareholding Structure of Essar Power (Orissa)?

In 2021, Essar Power (Orissa) had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹452.95 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 315.95 Cr
  • Yes Bank Limited : 137.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2015Idbi Trusteeship Services Limited₹17.00 CrSatisfied
30 Aug 2014Idbi Trusteeship Services Limited₹27.00 CrSatisfied
20 May 2013Yes Bank Limited₹137.00 CrSatisfied
30 Jun 2010Idbi Trusteeship Services Limited₹271.95 CrSatisfied

How Many Employees Work at Essar Power (Orissa)?

Essar Power (Orissa) has a workforce of 55 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 Essar Power (Orissa), 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 (Orissa)'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 Essar Power (Orissa)

Recent activity within the organization

  • Director Appointment

    Prasad Udas was appointed as a Additional Director was appointed as a Additional Director on 20 Aug 2024 & has been associated with this company since 6 months 5 days .

    20 Aug 2024

  • Director Appointment

    Sameer Bhave Prabhakar was appointed as a Additional Director was appointed as a Additional Director on 20 Aug 2024 & has been associated with this company since 6 months 5 days .

    20 Aug 2024

  • Director Appointment

    Sunil Shankar Jambhale was appointed as a Additional Director was appointed as a Additional Director on 20 Aug 2024 & has been associated with this company since 6 months 5 days .

    20 Aug 2024

  • Annual General Meeting

    Essar Power (Orissa) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Essar Power (Orissa) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 30 Jun 2010 via Charge ID 10230192 with Idbi Trusteeship Services Limited was fully satisfied on 28 Nov 2022.

    28 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Essar Power (Orissa) Limited was incorporated on 19 Oct 2005.

  • The authorized share capital of Essar Power (Orissa) Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 645.35 Cr.

  • Currently 3 directors are associated with Essar Power (Orissa) Limited.

    • Prasad Udas
    • Sameer Bhave Prabhakar
    • Sunil Shankar Jambhale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essar Power (Orissa) Limited is 27Th Km - Hazira Road Hazira, India, Surat, Gujarat, 394270.

  • The corporate identification number (CIN) of Essar Power (Orissa) Limited is U31101GJ2005PLC081701 and the company number is 081701 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essar Power (Orissa) Limited is https://www.essar.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Essar Power (Orissa) Limited has fallen by -100.00%.

  • As Per 2022 financial reports, 55 employees are currently employed by Essar Power (Orissa) Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Essar Power (Orissa) Limited has experienced an downturn of -33.28%.

  • The most recent Balance Sheet for Essar Power (Orissa) Limited was filed with the ROC on 31 Mar 2023.

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