Andhra Pradesh State Energy Efficiency Development Corporation Limited

Promotes energy efficiency, distributes appliances, and provides consulting services.

2016 | Krishna, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Andhra Pradesh State Energy Efficiency Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.20 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 7.18%
  • Profit Growth 302.23%
  • Ebitda -1029.68%
  • Net Worth 369.43%
  • Total Assets 65.32%

About Andhra Pradesh State Energy Efficiency Development Corporation

Andhra Pradesh State Energy Efficiency Development Corporation Limited (APSEEDCL) is a Public Limited State Government Company incorporated in India on 30 August 2016 (Eight years and five months 22 days old ). Its registered office is in Krishna, Andhra Pradesh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.20 M, as per Ministry of Corporate Affairs (MCA) records.

Kaveti Vijayanand, Aswanivaraprasadha Boreddy, Simhadri Olibiri, and One other member serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40101AP2016SGC103976

  • Company No.

    103976

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    30 Aug 2016

  • Date of AGM

    04 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Environment

Who are the key members and board of directors at Andhra Pradesh State Energy Efficiency Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Aswanivaraprasadha Boreddy Country flag representing In Managing Director06-Feb-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Kaveti Vijayanand Country flag representing In Director 28-Oct-2022Current
Simhadri Olibiri Country flag representing In Director 28-Oct-2022Current
Vijaya Kandra Country flag representing In Director 03-Apr-2024Current

Financial Performance of Andhra Pradesh State Energy Efficiency Development Corporation.

Andhra Pradesh State Energy Efficiency Development Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.18% increase. The company also saw a substantial improvement in profitability, with a 302.23% increase in profit. The company's net worth Soared by an impressive increase of 369.43%.

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
7.18%
Revenue from Operations
-25.88%
Total Assets
65.32%
Profit or Loss
302.23%
Net Worth
369.43%
EBITDA
-1029.68%

What is the Ownership and Shareholding Structure of Andhra Pradesh State Energy Efficiency Development Corporation?

In 2023, Andhra Pradesh State Energy Efficiency Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Andhra Pradesh State Energy Efficiency Development Corporation?

Unlock and access historical data on people associated with Andhra Pradesh State Energy Efficiency Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Pradesh State Energy Efficiency Development Corporation, 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 Andhra Pradesh State Energy Efficiency Development Corporation'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 Andhra Pradesh State Energy Efficiency Development Corporation

Recent activity within the organization

  • Director Appointment

    Vijaya Kumar Reddy Kandra was appointed as a Director was appointed as a Director on 03 Apr 2024 & has been associated with this company since 10 months 18 days .

    03 Apr 2024

  • Director Appointment

    Aswanivaraprasadha Kumara Reddy Boreddy was appointed as a Managing Director was appointed as a Managing Director on 06 Feb 2024 & has been associated with this company since 1 year 14 days .

    06 Feb 2024

  • Annual General Meeting

    Andhra Pradesh State Energy Efficiency Development Corporation Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.

    04 Sep 2023

  • Balance Sheet

    Andhra Pradesh State Energy Efficiency Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Kaveti Vijayanand was appointed as a Director was appointed as a Director on 28 Oct 2022 & has been associated with this company since 2 years 3 months .

    28 Oct 2022

  • Director Appointment

    Simhadri Olibiri was appointed as a Director was appointed as a Director on 28 Oct 2022 & has been associated with this company since 2 years 3 months .

    28 Oct 2022

Frequently asked questions

  • Andhra Pradesh State Energy Efficiency Development Corporation Limited was incorporated on 30 Aug 2016.

  • The authorized share capital of Andhra Pradesh State Energy Efficiency Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.20 M.

  • Currently 4 directors are associated with Andhra Pradesh State Energy Efficiency Development Corporation Limited.

    • Kaveti Vijayanand
    • Aswanivaraprasadha Kumara Reddy Boreddy
    • Simhadri Olibiri
    • Vijaya Kumar Reddy Kandra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Pradesh State Energy Efficiency Development Corporation Limited is 2Nd Floor Sbi Bank Building, Vidyut Soudha Gunadala India, Vijayawada, Andhra Pradesh, 520004.

  • The corporate identification number (CIN) of Andhra Pradesh State Energy Efficiency Development Corporation Limited is U40101AP2016SGC103976 and the company number is 103976 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Pradesh State Energy Efficiency Development Corporation Limited has risen by 7.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Pradesh State Energy Efficiency Development Corporation Limited has experienced an upsurge of 369.43%.

  • The most recent Balance Sheet for Andhra Pradesh State Energy Efficiency Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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