Assam Gas Company Ltd

Company distributes and transports natural gas to various industries and consumers in Assam.

1962 | Dibrugarh, Assam (India) | Active
Last Updated: October 23, 2024

Assam Gas Company Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.91 Cr
  • Company Age 62 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 386.00 Cr
  • Satisfied Charges ₹ 72.00 Cr
  • Revenue Growth 133.76%
  • Profit Growth -94.38%
  • Ebitda -174.06%
  • Net Worth -0.18%
  • Total Assets 8.69%

About Assam Gas Company

Assam Gas Company Ltd (AGCL) was founded in India on 31 March 1962 and has a glorious history of 62 years and ten months. Its registered office is in Dibrugarh, Assam, India.

The Corporate was formerly known as Assam Gas Company Private Ltd. The Company is engaged in the Energy And Power 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 20.00 Cr and a paid-up capital of Rs 16.91 Cr.

The company currently has active open charges totaling ₹386.00 Cr. The company has closed loans amounting to ₹72.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Assam Gas Company Ltd India are Subhasish Dhar as CFO and Dolonchapa Gupta as Company Secretary. Bolin Chetia, Mayuri Chetia, Indra Gogoi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Dibrugarh, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    assamgas.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U11101AS1962SGC001184

  • Company No.

    001184

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    31 Mar 1962

  • Date of AGM

    19 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Energy and Power

Who are the key members and board of directors at Assam Gas Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Subhasish Dhar CFO28-Feb-2024Current
Gokul Swargiyari Country flag representing In Managing Director02-Sep-2019Current
Dolonchapa Gupta Country flag representing In Company Secretary17-Jan-2008Current

Board Members (6)

NameDesignationAppointment DateStatus
Bolin Chetia Country flag representing In Nominee Director 17-Nov-2021Current
Mayuri Chetia Country flag representing In Nominee Director 28-Jun-2017Current
Indra Gogoi Country flag representing In Nominee Director 23-Oct-2018Current
Subramoney Lakshmanan Country flag representing In Nominee Director 30-Jun-2022Current
Dhiren Handique Country flag representing In Additional Director 11-Nov-2022Current
Rajib Thapa Country flag representing In Nominee Director 23-Jul-2024Current

Financial Performance of Assam Gas Company.

Assam Gas Company Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 133.76% increase. The company also saw a substantial fall in profitability, with a 94.38% decrease in profit. The company's net worth dipped by a decrease of 0.18%.

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
133.76%
Revenue from Operations
158.90%
Total Assets
8.69%
Profit or Loss
-94.38%
Net Worth
-0.18%
EBITDA
-174.06%

What is the Ownership and Shareholding Structure of Assam Gas Company?

In 2023, Assam Gas Company had a promoter holding of 100.00%. The company had 1 Subsidiary, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹386.00 Cr

Satisfied Charges

₹72.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 340.00 Cr
  • Uco Bank : 46.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2021Axis Bank Limited₹340.00 CrOpen
10 Mar 2005Uco Bank₹28.00 CrOpen
09 Mar 2005Uco Bank₹18.00 CrOpen
10 Mar 2005Canara Bank₹47.00 CrSatisfied
08 Mar 2004Canara Bank₹25.00 CrSatisfied

How Many Employees Work at Assam Gas Company?

Assam Gas Company has a workforce of 327 employees as of Apr 06, 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 Assam Gas 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 Assam Gas 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 Assam Gas Company

Recent activity within the organization

  • Director Appointment

    Rajib Thapa was appointed as a Nominee Director was appointed as a Nominee Director on 23 Jul 2024 & has been associated with this company since 7 months 1 day .

    23 Jul 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 340.00 Cr registered on 30 Jun 2021 with Charge ID 100457014 was modified on 05 Jun 2024.

    05 Jun 2024

  • Director Appointment

    Subhasish Dhar was appointed as a Cfo was appointed as a Cfo on 28 Feb 2024 & has been associated with this company since 11 months 25 days .

    28 Feb 2024

  • Annual General Meeting

    Assam Gas Company Ltd last Annual general meeting of members was held on 19 Oct 2023 as per latest MCA records.

    19 Oct 2023

  • Balance Sheet

    Assam Gas Company Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Director Appointment

    Subramoney Lakshmanan was appointed as a Nominee Director was appointed as a Nominee Director on 30 Jun 2022 & has been associated with this company since 2 years 7 months .

    30 Jun 2022

Frequently asked questions

  • Assam Gas Company Ltd was incorporated on 31 Mar 1962.

  • The authorized share capital of Assam Gas Company Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 16.91 Cr.

  • Currently 9 directors are associated with Assam Gas Company Ltd.

    • Subhasish Dhar
    • Bolin Chetia
    • Mayuri Chetia
    • Indra Gogoi
    • Gokul Chandra Swargiyari
    • Subramoney Lakshmanan
    • Dhiren Handique
    • Rajib Thapa
    • Dolonchapa Dev Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Assam Gas Company Ltd is P O Duliajan, India, Dibrugarh, Assam, 786602.

  • The corporate identification number (CIN) of Assam Gas Company Ltd is U11101AS1962SGC001184 and the company number is 001184 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Assam Gas Company Ltd is https://www.assamgas.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Assam Gas Company Ltd has risen by 133.76%.

  • As Per 2023 financial reports, 327 employees are currently employed by Assam Gas Company Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Assam Gas Company Ltd has experienced an downturn of -0.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Assam Gas Company Ltd amount to ₹ 386.00 Cr.

  • The most recent Balance Sheet for Assam Gas Company Ltd was filed with the ROC on 31 Mar 2023.

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