Monnet Power Company Limited

Developing a 1,050 MW coal-based thermal power project with long-term power purchase agreements.

2007 | Raipur, Chattisgarh (India) | Under Liquidation
Last Updated: April 26, 2024

Monnet Power Company Profile

Key Indicators

  • Authorised Capital ₹ 2,010.00 Cr
  • Paid Up Capital ₹ 787.48 Cr
  • Company Age 18 Year, 24 Days
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 5,166.50 Cr
  • Satisfied Charges ₹ 5,279.00 Cr
  • Revenue Growth -7.84%
  • Profit Growth 77.25%
  • Ebitda 48.14%
  • Net Worth -3.10%
  • Total Assets -0.64%

About Monnet Power Company

Monnet Power Company Limited (MPCL) is Under Liquidation company established on 29 Jan 2007 with its office registered at Raipur, Chattisgarh, India and has been running since 18 Year, 24 Days with a paid up capital of 787.48 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 26 Apr 2024.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    monnetgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01403CT2007PLC020179

  • Company No.

    020179

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2007

  • Date of AGM

    28 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Energy and Power

What products or services does Monnet Power Company Limited offer?

Monnet Power Company Limited offers a wide range of products and services, including Mineral Beneficiation Plants, Steel Making Machine, Steel Plant, Ferro Alloys, Ferro Molybdenum, TMT Bars, TMT Steel Bars, Minerals and Ores, Iron Ore, Coal, Carbon & Charcoal.

Who are the key members and board of directors at Monnet Power Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Sapan Goyal Country flag representing In CFO09-Dec-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Suman Khaitan Country flag representing In Director Current
Sandeep Jajodia Country flag representing In Director 29-Jan-2007Current
Babika Goel Country flag representing In Director 29-May-2015Current
Jagdamba Lath Country flag representing In Director 14-Aug-2015Current
Bibhudutta Mohapatra Country flag representing In Whole-Time Director Current

Financial Performance of Monnet Power Company.

Monnet Power Company Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 7.84% decrease. The company also saw a substantial improvement in profitability, with a 77.25% increase in profit. The company's net worth dipped by a decrease of 3.1%.

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
-7.84%
Revenue from Operations
Total Assets
-0.64%
Profit or Loss
77.25%
Net Worth
-3.10%
EBITDA
48.14%

What is the Ownership and Shareholding Structure of Monnet Power Company?

In 2017, Monnet Power Company had a promoter holding of 88.31% and a public holding of 11.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,166.50 Cr

Satisfied Charges

₹5,279.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 4019.00 Cr
  • Icici Bank Limited : 397.50 Cr
  • Il & Fs Trust Company Limited : 350.00 Cr
  • Axis Bank Limited : 200.00 Cr
  • State Bank Of Patiala : 100.00 Cr
  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2015Others₹200.00 CrOpen
08 Jul 2013Il & Fs Trust Company Limited₹350.00 CrOpen
26 Mar 2013Axis Bank Limited₹200.00 CrOpen
24 Jan 2012Aditya Birla Finance Limited₹100.00 CrOpen
09 Jan 2012Icici Bank Limited₹397.50 CrOpen

How Many Employees Work at Monnet Power Company?

Monnet Power Company has a workforce of 112 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 Monnet Power Company, 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 Monnet Power Company'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 Monnet Power Company

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3,819.00 Cr registered on 03 Nov 2010 with Charge ID 10250901 was modified on 16 Dec 2022.

    16 Dec 2022

  • Charges

    A charge with Others of Rs. 200.00 Cr registered on 25 Mar 2015 with Charge ID 10560262 was modified on 24 Aug 2018.

    24 Aug 2018

  • Annual General Meeting

    Monnet Power Company Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.

    28 Sep 2017

  • Balance Sheet

    Monnet Power Company Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chhattisgarh.

    31 Mar 2017

  • Director Appointment

    Sapan Goyal was appointed as a Cfo was appointed as a Cfo on 09 Dec 2016 & has been associated with this company since 8 years 2 months .

    09 Dec 2016

  • Director Appointment

    Jagdamba Prasad Lath was appointed as a Director was appointed as a Director on 14 Aug 2015 & has been associated with this company since 9 years 6 months .

    14 Aug 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Monnet Power Company Limited was incorporated on 29 Jan 2007.

  • The authorized share capital of Monnet Power Company Limited is ₹ 2,010.00 Cr and paid-up capital is ₹ 787.48 Cr.

  • Currently 6 directors are associated with Monnet Power Company Limited.

    • Suman Jyoti Khaitan
    • Sapan Goyal
    • Babika Goel
    • Jagdamba Prasad Lath
    • Sandeep Kumar Jajodia
    • Bibhudutta Mohapatra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Monnet Power Company Limited is Monnet Marg, Mandir Hasaud, Raipur, Chattisgarh, India, 492101.

  • The corporate identification number (CIN) of Monnet Power Company Limited is U01403CT2007PLC020179 and the company number is 020179 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Monnet Power Company Limited is https://www.monnetgroup.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Monnet Power Company Limited has fallen by -7.84%.

  • As Per 2017 financial reports, 112 employees are currently employed by Monnet Power Company Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Monnet Power Company Limited has experienced an downturn of -3.10%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Monnet Power Company Limited amount to ₹ 5,166.50 Cr.

  • The most recent Balance Sheet for Monnet Power Company Limited was filed with the ROC on 31 Mar 2017.

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