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ASSOCIATED POWER STRUCTURES PRIVATE LIMITED
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Updated: 17 Oct 2026
The company manufactures, fabricates, galvanises, and installs windmills and power transmission towers.
Associated Power Structures Private Limited, is an unlisted private company incorporated on 21 May, 1996. It is classified as a private limited company and is located in Vadodara, Gujarat. It's authorized share capital is INR 21.00 cr and the total paid-up capital is INR 16.72 cr.
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Industry and products
Manufacturing (Machinery & Equipments)
- Wind Turbine Lattice Towers, Sub-Station Structures, EPC-Transmission Lines, Telecommunication Towers, Solar Module Mounting Structure.
Company size
₹ 21.0 Cr
₹ 16.7 Cr
₹ 2000-2250 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores.
Total Revenue
63.92%
63.92%
EBITDA
59.32%
59.32%
Net Profit
46.14%
46.14%
Networth
26.69%
26.69%
Borrowings
159.32%
159.32%
Assets
60.61%
60.61%
Gross Margin
-7.18
-7.18
Operating Margin
-0.27
-0.27
Net Profit Margin
-0.56
-0.56
Return on Equity
2.87
2.87
ROCE
10.08
10.08
Debt to Equity
0.61
0.61
Sales
Mar 2026
Net worth
Mar 2026
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Locations
India
(17)
| State | Type | Address |
|---|
Locations on Map
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Satish Desai
Shareholder
|
00366002 | 30 years |
| Director | Ajay Patel
Shareholder
|
00366050 | 30 years |
| Director | Parag Vinodchandra Kothari
Shareholder
|
00365764 | 30 years |
| Director | Sonal Jayantilal Kotak | 10978622 | 1 years |
| Director | Viren Doshi Chimanlal | 00207121 | 0 years |
| Director | Hitesh Pranjivan Mehta | 00207506 | 0 years |
| Director | Sunil Jain | 02967042 | 0 years |
| Director | Abhishek Pareek | 10906544 | 0 years |
| Director | Prantik Dasgupta | 11775199 | 0 years |
Financial Highlights
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
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Margins
Gross margin
Operating margin
Net margin
Balance Sheet
Standalone
Consolidated
₹
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Financials upto March 2026 available in Tofler Pro
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
SBICap Trustee Company Limited
No. of Loans: 5
Total Amount : 2,446.0 cr
2
IndusInd Bank Limited
No. of Loans: 1
Total Amount : 80.0 cr
3
HDFC Bank Limited
No. of Loans: 3
Total Amount : 50.4 cr
4
Yes Bank Limited
No. of Loans: 1
Total Amount : 10.0 cr
5
Union Bank of India
No. of Loans: 1
Total Amount : 5.0 cr
6
MERCEDES-BENZ FINANCIAL SERVICES INDIA PRIVATE LIMITED
No. of Loans: 1
Total Amount : 1.8 cr
7
ICICI Bank Limited
No. of Loans: 2
Total Amount : 1.1 cr
Charges
SBICap Trustee Company Limited
IndusInd Bank Limited
HDFC Bank Limited
Yes Bank Limited
Others
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| SUNBLESS SOLAR PRIVATE LIMITED |
Converted to LLP and Dissolved
|
1.0 L | 1 | Maharashtra |
| BLUE RAYS SOLAR PRIVATE LIMITED |
Active
|
11.8 Cr | 2 | Maharashtra |
| EVERSHINE SOLAR PRIVATE LIMITED |
Converted to LLP and Dissolved
|
1.0 L | 1 | Maharashtra |
| WAAREE VALVES PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| WAAREE SOLAR THERMAL PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| WAANEEP SOLAR ONE PRIVATE LIMITED |
Active
|
1.0 L | 2 | Maharashtra |
| WAAREV SENSORS PRIVATE LIMITED |
Strike Off
|
32.0 L | 1 | Maharashtra |
| OMNTEC WAAREE ATG PVT. LTD. |
Active
|
10.9 L | 1 | Maharashtra |
| WAAREE RETAILS PRIVATE LIMITED |
Converted to LLP and Dissolved
|
8.5 L | 1 | Maharashtra |
| ADIDEWA SOLAR PRIVATE LIMITED |
Converted to LLP and Dissolved
|
1.0 L | 1 | Maharashtra |
| DHUMKETU SOLAR PRIVATE LIMITED |
Converted to LLP
|
1.0 L | 1 | Maharashtra |
| AARCUBE ENERGIES PRIVATE LIMITED |
Converted to LLP
|
1.0 L | 1 | Maharashtra |
| PATANG SOLAR PRIVATE LIMITED |
Converted to LLP and Dissolved
|
1.0 L | 1 | Maharashtra |
| WAANEEP SOLAR AP PROJECT PRIVATE LIMITED |
Strike Off
|
5.0 L | 1 | Maharashtra |
| VEER TECHNO SOLUTIONS PRIVATE LIMITED |
Converted to LLP
|
1.0 L | 1 | Maharashtra |
| WAAREE INFRASTRUCTURE & AGRITECH PRIVATE LIMITED |
Active
|
8.0 L | 1 | Maharashtra |
| SUNBLESS SOLAR LLP |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE VALVES LLP |
Strike Off
|
1.0 L | 1 | Maharashtra |
| SUNMOUNT ENGINEERING LLP |
Active
|
1.0 L | 1 | Maharashtra |
| DHUMKETU SOLAR LLP |
Active
|
1.0 L | 1 | Maharashtra |
| VEDAANG ENERGIES LLP |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE SURYA POWER LLP |
Active
|
32.0 L | 1 | Maharashtra |
| ADIDEWA SOLAR LLP |
Strike Off
|
1.0 L | 1 | Maharashtra |
| EVERSHINE SOLAR LLP |
Active
|
1.0 L | 1 | Maharashtra |
| WAA MALL LLP |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE SOLAR THERMAL LLP |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE RETAILS LLP |
Active
|
8.5 L | 1 | Maharashtra |
| WAAREE SOLAR LLP |
Converted to CMP and Dissolved
|
1.0 L | 1 | Gujarat |
| DHAATA SOLAR LLP |
Active
|
1.0 L | 1 | Maharashtra |
| DINKAR SOLAR LLP |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE KHABIYA SOLAR VENTURES LLP |
Strike Off
|
1.0 L | 1 | Maharashtra |
| WAAREE ENERGIES LIMITED |
Active
|
263.3 Cr | 2 | Maharashtra |
| WAAREE SOLAR PRIVATE LIMITED |
Converted to LLP
|
1.0 L | 1 | |
| INDOSOLAR LIMITED |
Active
|
41.6 Cr | 2 | Delhi |
| SUNSATIONAL SOLAR PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| SUNSANTIONAL ENERGY PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| SUNSATIONAL POWER PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE SOLAR PRIVATE LIMITED |
Active
|
1.0 L | 1 | Gujarat |
| WAAREE RENEWABLE TECHNOLOGIES LIMITED |
Active
|
20.9 Cr | 3 | Maharashtra |
| WAAREE POWER PRIVATE LIMITED |
Active
|
103.2 Cr | 1 | Maharashtra |
| WAAREE ENERGIES LIMITED |
Active
|
287.7 Cr | 2 | Maharashtra |
| WAAREE PV TECHNOLOGIES PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| WAASANG SOLAR PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| WAASANG SOLAR ONE PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| WAAREE SOLAR ONE PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| SASWATA SOLAR PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| SASWATA SOLAR LLP |
Active
|
73.8 Cr | 1 | Maharashtra |
| CESARE BONETTI INDIA PRIVATE LIMITED |
Amalgamated
|
54.4 Cr | 1 | Maharashtra |
| AFFINITY SPACES LLP |
Active
|
10.0 L | 2 | Gujarat |
| ASSOCIATED POWER STRUCTURES LIMITED |
Active
|
10.0 Cr | 4 | Gujarat |
| Sundev renewables LLP |
Active
|
1.0 L | 1 | De |
| OHM E LOGISTICS PRIVATE LIMITED |
Active
|
4.5 Cr | 1 | Telangana |
| IGREL MAHIDAD LIMITED |
Active
|
63.8 Cr | 1 | |
| INOX NEO ENERGIES LIMITED |
Active
|
11.5 Cr | 1 | Gujarat |
| INOX CLEAN ENERGY LIMITED |
Active
|
94.9 Cr | 1 | Gujarat |
| KOTSON'S PRIVATE LIMITED |
Active
|
40.0 Cr | 1 | Delhi |
| SPERRY ENERGY DYNAMICS PRIVATE LIMITED |
Active
|
4.0 Cr | 1 | Delhi |
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| JV of APSPL-CEC | Rwanda | - | - |
Tofler Score
Poor
Fair
Good
Very Good
Excellent
Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
U29299GJ1996PTC029688Incorporation
1996, 30.4 yearsCompany Email
info@apspvt.comPaid up Capital
₹ 16.7 CrAuthorised Capital
₹ 21.0 CrAGM
Jun 2026Type
Private
Others
FAQ - ASSOCIATED POWER STRUCTURES PRIVATE LIMITED
What is the incorporation date of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED?
The incorporation date of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED is 21 May, 1996
What is the authorized share capital of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED?
The authorized share capital of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED is INR ₹ 21.0 Cr.
What is the paid-up capital of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED?
The paid-up capital of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED is INR ₹ 16.7 Cr.
What is the registered address of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED?
The registered address of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED is 905/3, G.I.D.C. INDUSTRIAL ESTATE MAKARPURA VADODARA Gujarat - 390010
What is the CIN number of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED?
The CIN number of ASSOCIATED POWER STRUCTURES PRIVATE LIMITED is U29299GJ1996PTC029688.
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