Meenakshi Power Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 65.08 Cr
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 962.54 Cr
- Satisfied Charges ₹ 169.19 Cr
- Revenue Growth 12.02%
- Profit Growth -28.33%
- Ebitda 22.84%
- Net Worth 5.68%
- Total Assets 1.14%
About Meenakshi Power
Meenakshi Power Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1999 and has a history of 25 years and nine months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Meenakshi Power Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 65.08 Cr.
The company currently has active open charges totaling ₹962.54 Cr. The company has closed loans amounting to ₹169.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meenakshi Power Private Limited India is Amar Shaikh as COMPANY SECRETARY. Sivaji Chitturi, Avinash Chitturi, Katragadda Rao, and Five other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40109TG1999PTC031814
- Company No.
031814
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 May 1999
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Environment
What products or services does Meenakshi Power Private Limited offer?
Meenakshi Power Private Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Power Engineering Service.
Who are the key members and board of directors at Meenakshi Power?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amar Shaikh | Company Secretary | 15-May-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sivaji Chitturi  | Director | 31-May-1999 | Current |
| Avinash Chitturi | Director | 10-Aug-2016 | Current |
| Katragadda Rao | Director | 31-May-1999 | Current |
| Subramaniam Thinam | Director | 16-Nov-2004 | Current |
| Maddipati Rao | Director | 28-Sep-2002 | Current |
| Boddu Srinivas | Director | 28-Sep-2002 | Current |
Financial Performance of Meenakshi Power.
Meenakshi Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.02% increase. The company also saw a substantial fall in profitability, with a 28.33% decrease in profit. The company's net worth moved up by a moderate rise of 5.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Meenakshi Power?
In 2023, Meenakshi Power had a promoter holding of 100.00%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Malaxmi Highway Private LimitedSivaji Chitturi, Katragadda Rao and 2 more are mutual person
Devi Aqua Feeds Private LimitedRajagopal Chitturi is a mutual person
- Meenakshi North East Power Private Limited
Sivaji Chitturi, Katragadda Rao and 2 more are mutual person
- Meenakshi Hydro Power Private Limited
Sivaji Chitturi, Katragadda Rao and 2 more are mutual person
- Meenakshi Arunachal Power Private Limited
Sivaji Chitturi, Katragadda Rao and 2 more are mutual person
- Meenakshi Odisha Power Private Limited
Sivaji Chitturi, Avinash Chitturi and 3 more are mutual person
Charges (Loans)
Open Charges
₹962.54 Cr
Satisfied Charges
₹169.19 Cr
Charges Breakdown by Lending Institutions
- Others : 683.70 Cr
- Indian Renewable Energy Development Agency Limited : 233.96 Cr
- Indian Renewable Energy Development Agency Ltd : 32.38 Cr
- Uco Bank : 8.50 Cr
- Axis Bank Limited : 3.35 Cr
- Others : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2023 | Axis Bank Limited | ₹2.50 Cr | Open |
| 19 Jun 2023 | Others | ₹325.00 Cr | Open |
| 16 Jun 2023 | Others | ₹2.50 Cr | Open |
| 21 Nov 2022 | Hdfc Bank Limited | ₹6.50 M | Open |
| 07 Oct 2022 | Others | ₹20.00 Cr | Open |
How Many Employees Work at Meenakshi Power?
Meenakshi Power has a workforce of 111 employees as of Apr 02, 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 Meenakshi 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 Meenakshi 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.
Latest Updates, News, and FAQs on Meenakshi Power
Recent activity within the organization
- Annual General Meeting
Meenakshi Power Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Balance Sheet
Meenakshi Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Others of Rs. 198.70 Cr registered on 21 Dec 2021 with Charge ID 100523994 was modified on 18 Jan 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100786862 was registered on 20 Sep 2023.
- Charges
A charge with Others amounted to Rs. 325.00 Cr with Charge ID 100734502 was registered on 19 Jun 2023.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100736275 was registered on 16 Jun 2023.
Recent News, Updates & Announcement
- India Power completes acquisition of Nellore power plant | Mint.
India Power bought the plant from Engie Group for $1.
Frequently asked questions
What is the Incorporation or founding date of Meenakshi Power Private Limited?
Meenakshi Power Private Limited was incorporated on 31 May 1999.
What is authorized share capital and paid-up capital of Meenakshi Power Private Limited?
The authorized share capital of Meenakshi Power Private Limited is ₹ 75.00 Cr and paid-up capital is ₹ 65.08 Cr.
Who are the current board members & directors of Meenakshi Power Private Limited?
Currently 9 directors are associated with Meenakshi Power Private Limited.
- Sivaji Chitturi
- Amar Hussain Shaikh
- Avinash Chitturi
- Katragadda Sreenivasa Rao
- Subramaniam Sethurathnam Thinam
- Maddipati Surya Prabhakar Rao
- Boddu Srinivas
- Rajagopal Choudary Chitturi
- Devineni Suresh
What is the registered address of Meenakshi Power Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Meenakshi Power Private Limited is Meenakshi Plotno.119 Roadno.10, Jublieehills India, Hyderabad, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Meenakshi Power Private Limited?
The corporate identification number (CIN) of Meenakshi Power Private Limited is U40109TG1999PTC031814 and the company number is 031814 as per Ministry of Corporate Affairs (MCA).
What is the official website of Meenakshi Power Private Limited?
The Official website of Meenakshi Power Private Limited is https://www.meenakshigroup.com
What has been the recent revenue trend for Meenakshi Power Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Meenakshi Power Private Limited has risen by 12.02%.
How many employees does Meenakshi Power Private Limited currently have?
As Per 2023 financial reports, 111 employees are currently employed by Meenakshi Power Private Limited.
What change has been observed in the net worth of Meenakshi Power Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Meenakshi Power Private Limited has experienced an upsurge of 5.68%.
What are the total open charges for Meenakshi Power Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Meenakshi Power Private Limited amount to ₹ 962.54 Cr.
When was the last Balance Sheet of Meenakshi Power Private Limited filed with the ROC?
The most recent Balance Sheet for Meenakshi Power Private Limited was filed with the ROC on 31 Mar 2024.
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