Mahashakti Energy Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.62 Cr
- Company Age 30 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.76 M
- Satisfied Charges ₹ 241.22 Cr
- Revenue Growth -37.86%
- Profit Growth 291.52%
- Ebitda -267.27%
- Net Worth 9.65%
- Total Assets -17.12%
About Mahashakti Energy
Mahashakti Energy Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 August 1994 and has a history of 30 years and five months. Its registered office is in Punjab, Punjab.
The Corporate was formerly known as Mahashakti Energy 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.62 Cr.
The company currently has active open charges totaling ₹2.76 M. The company has closed loans amounting to ₹241.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Kansal, Vijay Kumar, and Karan Kansal serve as directors at the Company.
Company Details
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LocationPunjab, Punjab
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28999PB1994PLC014935
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Company No.
014935
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
17 Aug 1994
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Mahashakti Energy Limited offer?
Mahashakti Energy Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane Spare Parts, Transformers & Transformer Parts, Distribution Transformer.
Who are the key members and board of directors at Mahashakti Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Kansal
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Managing Director | 17-Aug-1994 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vijay Kumar
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Director | 22-Dec-2003 | Current |
|
Karan Kansal
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Director | 15-May-2006 | Current |
Financial Performance of Mahashakti Energy.
Mahashakti Energy Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 37.86% decrease. The company also saw a substantial improvement in profitability, with a 291.52% increase in profit. The company's net worth moved up by a moderate rise of 9.65%.
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What is the Ownership and Shareholding Structure of Mahashakti Energy?
In 2023, Mahashakti Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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A B C Global Private LimitedVijay Kumar is a mutual person
Charges (Loans)
₹0.28 Cr
₹241.22 Cr
Charges Breakdown by Lending Institutions
- Others : 0.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2024 | Others | ₹2.76 M | Open |
| 13 Jul 2021 | Axis Bank Limited | ₹1.43 Cr | Satisfied |
| 11 Jun 2021 | Axis Bank Limited | ₹9.50 M | Satisfied |
| 21 Mar 2017 | Canara Bank | ₹10.70 Cr | Satisfied |
| 30 Dec 2016 | Others | ₹2.25 Cr | Satisfied |
How Many Employees Work at Mahashakti Energy?
Mahashakti Energy has a workforce of 27 employees as of Apr 10, 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 Mahashakti 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 Mahashakti Energy'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.