Company Intelligence Profile
Unnmukt Solutions Private Limited
Kolkata-headquartered cleantech startup manufacturing biomass pellets from agricultural residue for co-firing at coal thermal plants, with a nascent Renewable-CNG line, operating under the wider founder-led "Unnmukt" group.
Last updated 11 August 2026
Unnmukt Solutions Private Limited is a Kolkata-based cleantech startup that manufactures biomass pellets from agricultural residue for co-firing at coal thermal plants and is developing Renewable-CNG. Incorporated in 2022, it reported a revenue of ₹2.05 Cr in FY2024, marking significant growth from a near-zero base, and holds an open charge of ₹1.5 Cr with Indian Overseas Bank.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Unnmukt Solutions Private Limited |
|---|---|
| CIN | U20299WB2022PTC251310 |
| PAN | AADCU0200G |
| Status | Active |
| Listing | No — unlisted private company |
| Incorporated | 02 February 2022 |
| ROC | RoC Kolkata, West Bengal |
| Sector (NIC) |
|
| Registered address | 1, Black Burn Lane, NA Kolkata, Kolkata, West Bengal – 700012 |
| Authorized capital | ₹15.00 Lakh |
| Paid-up capital | ₹1.25 Lakh per Tofler description text (card rounds to ₹1.2L) vs ₹1.29 Lakh per TheCompanyCheck — minor source conflict, likely different filing snapshot dates; both in the ₹1.2–1.3 Lakh range |
Business Overview
- Unnmukt Solutions Private Limited (incorporated 02-Feb-2022, Kolkata) is the manufacturing/pellets arm of the Kolkata-based "Unnmukt" cleantech group founded by Ambuj Verma (Founder, MD & CEO; ex-banking "bottom of pyramid" strategist, IIM Calcutta) with Dr. Sougata Ray (Chairman; IIM Ahmedabad PhD, veteran independent director) as Chairman
- It converts agricultural residue (e.g., rice straw) into biomass pellets used as a co-firing fuel substitute at coal-based thermal power plants — aligned with the Ministry of Power's mandatory biomass co-firing notification (5% from Oct-2022, 7% from Oct-2023)
- Its first plant (60 TPD capacity) was inaugurated 07-Aug-2022 at Bargarh, Odisha, employing ~148 people at the plant per the company website
- The company is also developing Renewable-CNG (R-CNG)/bio-LNG as a drop-in heating/transport fuel, citing a purchase confirmation from GAIL Gas Ltd. It is recognised as a DPIIT startup
- Sibling brand "Unnmukt Urja" (aggregates biomass from farmers) operates under a related group entity, Unnmukt Urja Private Limited
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sougata Ray | 00134136 | Director | 22-Dec-2022 |
| Ambuj Verma | 09751705 | Director | 29-Sep-2022 |
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 21AADCU0200G1Z9 | Odisha | AADCU0200G (derived from GSTIN 21AADCU0200G1Z9 structure, findgst.in — partial/single-source; not independently shown on Tofler's Registered Details, which left the PAN field blank) | - |
Partial / single-source (findgst.in only — could not cross-verify on a second source; knowyourgst.com and mastersindia.co pages 404'd): - PAN embedded in GSTIN: AADCU0200G - State of registration: Odisha (PIN 768038) — matches the Bargarh, Odisha manufacturing plant location, NOT the West Bengal registered office - Registrations found: 1 (only one GSTIN surfaced; TheCompanyCheck's GST-compliance module is paywalled so registration count/status could not be corroborated) - Filing/compliance status: not obtained
Financials
Partial — most line items paywalled on both sources checked; only one source surfaced an absolute revenue figure, so treat as single-source/partial:
- Revenue FY2024 (year ended 31-Mar-2024): ₹2.05 Cr, stated as up 36,460% YoY (implies a near-zero prior-year base — plausible for a plant that only began commercial production in Aug-2022) — TheCompanyCheck, partial.
- EBITDA, Net Profit, Net Worth, Total Assets, Borrowings (absolute ₹ values): locked/paywalled on both Tofler and TheCompanyCheck — not obtained.
- YoY % movement only: Total Revenue -6.49%, EBITDA -6.6%, Net Profit +190.59%, Net Worth -7.96%, Borrowings +47.15%, Assets +3.46%.
- Ratios: Gross Margin 27%, Operating Margin -13%, Net Profit Margin 7.03%, ROE 7.53%, ROCE -2.41%, Debt-to-Equity 0.18.
- Standalone only; no indication of consolidated financials (entity too small/standalone-only filer).
- Last filed balance sheet date: 31-Mar-2024
- Auditor: R Kushabha & Associates, for FY2023 — appointment/cessation dates locked, single-source, partial.
Charges & Loans
| Charge holder | Indian Overseas Bank |
|---|---|
| Amount | ₹1.5 Cr (₹150 Lakh) |
| Date of creation | 03 May 2023 |
| Charge ID | 100724439 |
.5 Cr / Satisfied Charges ₹0
- Total charge records: 1 (no other lenders/charges on file at either source)
Competitors
Per TheCompanyCheck's "Competitors & Alternatives" module (biomass/waste-to-energy & environmental-services peer set), most of which are materially larger-scale, more established players than this early-stage (₹~2 Cr revenue, DPIIT-recognised startup) entity:
- Re Sustainability (Hyderabad, est. 1994) — large-scale bio-medical/industrial waste treatment major
- Ramky Group (Hyderabad, est. 1994) — large infrastructure & environment-management conglomerate
- Hasiru Dala Innovations (Bengaluru, est. 2015) — urban integrated waste management, mid-scale
- Biofics (Surat, est. 2016) — waste composting & renewable energy — closest in scale/stage to Unnmukt
- Saahas (Bengaluru, est. 2010) — waste management & collection services
- Organic Recycling Systems (Navi Mumbai, est. 2008)
- Zigma (Erode, est. 2006) — smart cleaning/waste-management equipment
Scale tag: Unnmukt Solutions is startup-stage/sub-scale (single 60 TPD plant, ~₹2 Cr revenue) versus most of the above, which are established mid-to-large regional or national waste-management/infra players; Biofics is the closest scale match.
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