COMPANY INTELLIGENCE PROFILE
Apollo Green Energy Limited
Apollo Green Energy Limited is the renewable/green-energy vertical of the Apollo International Group, a diversified Delhi-based conglomerate chaired by Raaja Kanwar.
Apollo Green Energy Limited is the renewable energy arm of the Apollo International Group, based in Delhi and chaired by Raaja Kanwar. Operating in solar EPC, wind, and other green energy initiatives, the company reported FY2024-25 revenue of ₹500-750 Cr, with a net worth up 38.5% YoY. It has multiple open financial charges totaling around ₹493.3 Cr and is involved in several commercial disputes.
AI-generated, may contain errors.
Business Overview
- Apollo Green Energy Limited is the renewable/green-energy vertical of the Apollo International Group, a diversified Delhi-based conglomerate chaired by Raaja Kanwar.
- Confirmed via the group's own official site, apolloindia.com, which lists "Apollo Green Energy" alongside sister verticals Apollo International, leather goods, tyres, integrated logistics, Apollo Fashion, Apollo Supply Chain, Apollo Marketplace and Apollo Pro X.
- Note the entity-confusion trap flagged in the brief: the MCA/Tofler "business activity" text for this CIN, logistics, digital cinema, leather garments, tyre distribution, reflects the company's older/legacy registration purpose, it appears to be a group shell company since renamed/repositioned as the green-energy arm, rather than its current renewable-energy focus.
- A detailed public description of Apollo Green Energy's specific product lines, solar EPC, wind, green hydrogen, battery storage, etc., was not obtained — apolloindia.com's homepage confirms the division's name and group affiliation but is a JS-rendered site whose body copy could not be fully extracted
- No independent business-description source, Moneycontrol/Screener/Entrackr/Inc42, could be reached in this session, search budget exhausted, several guessed article URLs 404'd.
Sector & Classification
MCA classification: "Business Services" — activity text on record reads "integrated logistics, digital cinema, leather garments & accessories, international equipment & projects, and marketing & distribution of tires" (Tofler). This is very likely a legacy/parent-level classification carried over from the shell's original 1994 registration, not the entity's current business — see business_overview note. NIC code itself: not obtained.
Directors & Key Management
Directors — source notes
Per Tofler (single source — not cross-verified against a second registry in this session, so treat as partial): Raaja Kanwar — Managing Director, DIN 00024402 (~32-year tenure, i.e. long-standing/founder-era director); Ravikant Umakant Mishra — Director, DIN 02769186 (~2-year tenure); Sunil Agrawal — Director, DIN 10330704 (~3-year tenure). Falconebiz (best source for cross-checking DINs per brief) could not be reached — its company deep-link 404'd/only returned the homepage in this session.
GST Registrations
Not obtained. PAN AAACA6447N (Tofler) would anchor GSTIN(s) in the home state (Delhi, per registered address), but knowyourgst.com and findgst.in company/PAN lookup pages both returned 404 for this entity in this session — no GSTIN number, registration count, or per-state status could be confirmed. Do not assume any figure; flagged as a gap.
Financials
Apollo Green Energy Limited's FY2024-25 financials showed operating revenue of ₹500-750 Cr, a decrease of ~36.4% YoY. EBITDA fell ~59.8%, while PAT rose ~17.99% and net worth increased ~38.5%. Total assets were valued at ₹1,580.5 Cr.
AI-generated, may contain errors.
| FY2024-25, per Tofler, standalone presumed — not stated: Operating revenue in the ₹500–750 Cr band, down ~36.4% YoY | |
| EBITDA down | ~59.8% YoY |
| PAT up | ~17.99% YoY |
| Net worth up | ~38.5% YoY. Balance sheet (Mar-2025, ₹ Cr): Equity capital 32.0 |
| Reserves | 633.0 |
| Total borrowings | 493.3 |
| Total assets | 1,580.5 |
| Cash & equivalents | 59.3. Exact absolute revenue/EBITDA/PAT figures were not obtained, Tofler gated the precise numbers behind its paid tier, — treat as partial/directional only, single-sourced. |
Funding History
- Not obtained.
- No funding-round or equity-raise data could be retrieved in this session, Inc42/Entrackr search pages returned no visible article list; general web search budget was exhausted.
- Given the ~₹493 Cr in registered charges (below), the company's growth capital to date appears debt-led rather than equity/VC-funded, but this is an inference, not a confirmed fact.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| including State Bank of India | ₹122 | |
| RBL Bank | ₹76.8 Cr | + ₹40 |
| Beacon Trusteeship | ₹50 | |
| CSB Bank | ₹19 | |
| ICICI Bank | ₹4 | |
| Yes Bank | ₹2 | |
| ONE Prime | ₹100 | |
| Bank of India | ₹14 | |
| Kotak Mahindra Bank | ₹9 | |
| SBICap Trustee | ₹27 | |
| Comfort Fincap | ₹5 | |
| HDFC Bank | ₹8 |
- Confirmed via Tofler (single source): 3 Cr (Mar-2025) across multiple lenders, 1 Cr (06-May-2022), 0 Cr (04-Oct-2024), 0 Cr (18-Oct-2024) 0 Cr (06-Jul-2023), 0 Cr (30-Aug-2024), 0 Cr (31-Jul-2024) + ₹5.7 Cr (06-Jul-2024), 9 Cr (31-Jul-2024), 360 0 Cr (29-Feb-2024), 7 Cr (29-Nov-2022), 9 Cr (03-Dec-2024), 2 Cr (01-May-2025), 0 Cr (22-Nov-2024), 8 Cr (various dates) — all listed "Open." All from Tofler charges data
- Not cross-verified against a second source.
Credit Ratings
- Not obtained. CRISIL's dedicated rating-page URL for this company returned 404
- ICRA and CARE Ratings could not be checked, a CARE URL guess also 404'd, within this session. No CRISIL/ICRA/CARE rating for Apollo Green Energy Limited specifically could be confirmed — do not infer or attribute any group entity's rating to this company.
Legal & Compliance
- Confirmed via Indian Kanoon (single source): multiple active arbitration/commercial disputes at the Delhi High Court — Essdee Projects Engineering Pvt Ltd vs Apollo Green Energy Limited, hearings 12-Aug-2025, 28 & 29-Oct-2025, before Justices Jyoti Singh / Subramonium Prasad
- Gamechange Solar Services India Pvt Ltd vs Apollo Green Energy Limited, 02-Apr-2025, Justice Jasmeet Singh
- Apollo Green Energy Limited vs Flowmore Limited, ARB.P. 1104/2024, hearings 26-Jul & 29-Aug-2024, Justice Prateek Jalan. Also: Apollo Green Energy Limited vs Union of India, Bombay High Court, Writ Petition No. 1359/2024, 13-Mar-2024, Justice G.S. Kulkarni
- Apollo Green Energy Limited vs Man Structurals Pvt Ltd, Punjab & Haryana High Court, FAO-CARB 55-2025 (09-Apr-2026)
- And a related Man Structurals Pvt Ltd vs Apollo Green Energy Limited matter listed at the Supreme Court (09-Sep-2025). These appear to be commercial/EPC contract disputes, consistent with a company executing solar/green-energy projects
- Not independently verified beyond Indian Kanoon's case listing.
Competitive Landscape
- Not company-specific, inferred from India's green-energy/renewables IPP and green-hydrogen space, since a peer-set could not be sourced from a dedicated market report this session: ReNew Energy Global, large, listed, ~10+ GW renewable portfolio, Adani Green Energy, very large, listed, 20+ GW, Waaree Energies, large, listed, solar manufacturing-led, Avaada Group, large, unlisted, IPP + manufacturing, ACME Group/Acme Solar Holdings, mid-large, part-listed, solar + green hydrogen, JSW Energy, large, listed, diversified power incl. renewables.
- Scale tags are rough and relative to Apollo Green Energy's much smaller ~₹500-750 Cr revenue base.
Frequently Asked Questions
What does Apollo Green Energy Limited do?
Apollo Green Energy Limited is the renewable/green-energy vertical of the Apollo International Group, a diversified Delhi-based conglomerate. It focuses on renewable-energy projects but detailed product lines are not specified.
What is the CIN of Apollo Green Energy Limited?
The CIN of Apollo Green Energy Limited is U74899DL1994PLC061080.
What is the GSTIN of Apollo Green Energy Limited?
The GSTIN number for Apollo Green Energy Limited could not be confirmed, and there is insufficient information available.
When was Apollo Green Energy Limited incorporated?
Apollo Green Energy Limited was incorporated in 1994.
What is the registered office address of Apollo Green Energy Limited?
The registered office of Apollo Green Energy Limited is located at Office No. 303, Third Floor, DLF Courtyard, Saket, South Delhi, New Delhi, Delhi 110017.
Sources
Tofler (tofler.in) — primary source for identity, directors, financ28 summary, charges, shareholding/capital, PAN, address (single-sourced, several figures gated behind Tofler Pro so reported as ranges/deltas only). Indian Kanoon (indiankanoon.org) — legal case listing. Apollo International Group official site (apolloindia.com, reached only via the non-www + http/https variant after a www-cert mismatch) — confirms group structure, "Apollo Green Energy" as a named vertical, and sourced the logo image. Attempted but blocked/404/unreachable in this session: Falconebiz company deep-link, TheCompanyCheck, knowyourgst.com, findgst.in, mastersindia.co, CRISIL Ratings, CARE Ratings, Chittorgarh, IPO Watch, Inc42 search, LinkedIn company page, DuckDuckGo (CAPTCHA-gated), Google/Bing (returned no usable results for this niche entity).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.