Mahan Energen Limited

Produces coal-based power at thermal plant in Madhya Pradesh.

2005 | South West Delhi, Delhi (India) | Active
Last Updated: December 22, 2023

Mahan Energen Profile

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 521.59 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,607.60 Cr
  • Satisfied Charges ₹ 12,826.12 Cr
  • Revenue Growth -19.32%
  • Profit Growth 79.54%
  • Ebitda -170.96%
  • Net Worth -11.61%
  • Total Assets -6.92%

About Mahan Energen

Mahan Energen Limited (MEL) is a leading 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 South West Delhi, Delhi, India.

The Corporate was formerly known as Essar Power M P Limited. The Company is engaged in the Energy And 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 10,000.00 Cr and a paid-up capital of Rs 521.59 Cr.

The company currently has active open charges totaling ₹10,607.60 Cr. The company has closed loans amounting to ₹12,826.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahan Energen Limited India are Nishit Dave as CFO and Purvee Roy as Company Secretary. Shersingh Khyalia, Jayadeb Nanda, Sushama Oza, and One other member serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    essar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40100DL2005PLC201961

  • Company No.

    201961

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2005

  • Date of AGM

    18 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Environment

What products or services does Mahan Energen Limited offer?

Mahan Energen Limited offers a wide range of products and services, including Manufacturing & Assembling Services, Machining Job Work, BPO Operations and Services, BPO Services, Travel Service, Petrochemical Refineries, Oil Refinery Plant, Steel Strips, Commercial Property, Commercial Real Estate Service.

Who are the key members and board of directors at Mahan Energen?

Executive Team (2)

NameDesignationAppointment DateStatus
Nishit Dave CFOCurrent
Purvee Roy Country flag representing In Company Secretary17-Oct-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Shersingh Khyalia Country flag representing In Director 16-Mar-2022Current
Jayadeb Nanda Country flag representing In Director 16-Mar-2022Current
Sushama Oza Country flag representing In Director 16-Mar-2022Current
Pravat Sundaray Country flag representing In Whole-Time Director 01-Aug-2022Current

Financial Performance of Mahan Energen.

Mahan Energen Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.32% decrease. The company also saw a substantial improvement in profitability, with a 79.54% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.61%.

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
-19.32%
Revenue from Operations
-7.65%
Total Assets
-6.92%
Profit or Loss
79.54%
Net Worth
-11.61%
EBITDA
-170.96%

What is the Ownership and Shareholding Structure of Mahan Energen?

In 2021, Mahan Energen 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

₹10,607.60 Cr

Satisfied Charges

₹12,826.12 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 10607.60 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2023Idbi Trusteeship Services Limited₹8,707.60 CrOpen
16 Mar 2022Idbi Trusteeship Services Limited₹1,900.00 CrOpen
18 Mar 2015Idbi Trusteeship Services Limited₹423.00 CrSatisfied
12 Sep 2014Idbi Trusteeship Services Limited₹1,184.00 CrSatisfied
23 May 2014Idbi Trusteeship Services Limited₹500.00 CrSatisfied

How Many Employees Work at Mahan Energen?

Unlock and access historical data on people associated with Mahan Energen, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahan Energen, 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 Mahan Energen'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 Mahan Energen

Recent activity within the organization

  • Director Appointment

    Purvee Dineshchandra Roy was appointed as a Company Secretary was appointed as a Company Secretary on 17 Oct 2023 & has been associated with this company since 1 year 4 months .

    17 Oct 2023

  • Annual General Meeting

    Mahan Energen Limited last Annual general meeting of members was held on 18 Jul 2023 as per latest MCA records.

    18 Jul 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 8,707.60 Cr with Charge ID 100759245 was registered on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Mahan Energen Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 11 Nov 2010 via Charge ID 10252249 with Yes Bank Limited was fully satisfied on 23 May 2022.

    23 May 2022

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 1,900.00 Cr registered on 16 Mar 2022 with Charge ID 100549204 was modified on 24 Mar 2022.

    24 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Mahan Energen Limited was incorporated on 19 Oct 2005.

  • The authorized share capital of Mahan Energen Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 521.59 Cr.

  • Currently 6 directors are associated with Mahan Energen Limited.

    • Shersingh Bhagwanaram Khyalia
    • Jayadeb Nanda
    • Sushama Ashvin Oza
    • Nishit Harshadrai Dave
    • Purvee Dineshchandra Roy
    • Pravat Kishore Sundaray
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahan Energen Limited is Adani House C-105, Anand Niketan, New Delhi, India, 110021.

  • The corporate identification number (CIN) of Mahan Energen Limited is U40100DL2005PLC201961 and the company number is 201961 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahan Energen Limited is https://www.essar.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mahan Energen Limited has fallen by -19.32%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mahan Energen Limited has experienced an downturn of -11.61%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mahan Energen Limited amount to ₹ 10,607.60 Cr.

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

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