Bangalore Electricity Supply Company Limited

Distributes electricity in 8 districts of Karnataka through 4 zones and 9 circles.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated:

Bangalore Electricity Supply Company Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 1,979.26 Cr
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21,905.98 Cr
  • Satisfied Charges ₹ 11,807.02 Cr
  • Revenue Growth 21.67%
  • Profit Growth 39.46%
  • Ebitda -30.15%
  • Net Worth -185.07%
  • Total Assets 7.71%

About Bangalore Electricity Supply Company

Bangalore Electricity Supply Company Limited (BESCL) is a leading Public Limited State Government Company incorporated in India on 30 April 2002 and has a history of 22 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

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 2,000.00 Cr and a paid-up capital of Rs 1,979.26 Cr.

The company currently has active open charges totaling ₹21,905.98 Cr. The company has closed loans amounting to ₹11,807.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bangalore Electricity Supply Company Limited India is Suma Parameshwarappa as COMPANY SECRETARY. George Joseph, Gauravgupta, Pankaj Pandey, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bescom.org

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U04010KA2002SGC030438

  • Company No.

    030438

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    30 Apr 2002

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

Who are the key members and board of directors at Bangalore Electricity Supply Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Suma Parameshwarappa Company Secretary23-Feb-2022Current
Mahantesh Bilagi Country flag representing In Managing Director18-Jul-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
George Joseph Country flag representing In Director 06-Jun-2023Current
Gauravgupta Country flag representing In Director 11-Sep-2015Current
Pankaj Pandey Country flag representing In Director 15-Jun-2023Current
Parakkunnum Jaffer Country flag representing In Director 18-Aug-2023Current
Hanumanthappa Ramesh Country flag representing In Whole-Time Director 16-Feb-2023Current
Balaram Krishanappa Director 30-Jul-2024Current

Financial Performance of Bangalore Electricity Supply Company.

Bangalore Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.67% increase. The company also saw a substantial improvement in profitability, with a 39.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 185.07%.

Bangalore Electricity Supply Company revenue growth over time
Bangalore Electricity Supply Company 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
21.67%
Revenue from Operations
21.43%
Total Assets
7.71%
Profit or Loss
39.46%
Net Worth
-185.07%
EBITDA
-30.15%

What is the Ownership and Shareholding Structure of Bangalore Electricity Supply Company?

In 2023, Bangalore Electricity Supply Company 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)

Open Charges

₹21,905.98 Cr

Satisfied Charges

₹11,807.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 10591.68 Cr
  • Canara Bank : 3684.86 Cr
  • State Bank Of India : 3508.50 Cr
  • Rural Electrification Corporation Limited : 985.50 Cr
  • State Bank Of Mysore : 750.00 Cr
  • Others : 2385.44 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2024Others₹739.23 CrOpen
20 May 2024Others₹270.00 CrOpen
30 Mar 2024Canara Bank₹1,000.00 CrOpen
29 Dec 2023Others₹257.06 CrOpen
07 Dec 2023Others₹150.00 CrOpen

How Many Employees Work at Bangalore Electricity Supply Company?

Unlock and access historical data on people associated with Bangalore Electricity Supply Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bangalore Electricity Supply Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bangalore Electricity Supply 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 Bangalore Electricity Supply 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 Bangalore Electricity Supply Company

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 739.23 Cr with Charge ID 100990096 was registered on 18 Oct 2024.

  • Director Appointment

    Manjinakoppa Laxmana Vyshali was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 4 months 27 days .

  • Director Appointment

    Shimoga Achyuthamurthy Pushpa was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 4 months 27 days .

  • Director Appointment

    Balaram Krishanappa was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 7 months 2 days .

  • Charges

    A charge registered on 06 Nov 2023 via Charge ID 100812981 with Others was fully satisfied on 29 May 2024.

  • Charges

    A charge registered on 28 Aug 2023 via Charge ID 100776541 with Others was fully satisfied on 28 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Bangalore Electricity Supply Company Limited?

    Bangalore Electricity Supply Company Limited was incorporated on 30 Apr 2002.

  • What is authorized share capital and paid-up capital of Bangalore Electricity Supply Company Limited?

    The authorized share capital of Bangalore Electricity Supply Company Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 1,979.26 Cr.

  • Who are the current board members & directors of Bangalore Electricity Supply Company Limited?

    Currently 11 directors are associated with Bangalore Electricity Supply Company Limited.

    • George Kelachandra Joseph
    • Gauravgupta
    • Pankaj Kumar Pandey
    • Parakkunnum Chalil Jaffer
    • Hanumanthappa Jayamma Ramesh
    • Balaram Krishanappa
    • Manjinakoppa Laxmana Vyshali
    • Shimoga Achyuthamurthy Pushpa
    • Suma Gudemundleramaner Parameshwarappa
    • Shivanna
    • Mahantesh Bilagi

  • What is the registered address of Bangalore Electricity Supply Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bangalore Electricity Supply Company Limited is K.R.Circle India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Bangalore Electricity Supply Company Limited?

    The corporate identification number (CIN) of Bangalore Electricity Supply Company Limited is U04010KA2002SGC030438 and the company number is 030438 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bangalore Electricity Supply Company Limited?

    The Official website of Bangalore Electricity Supply Company Limited is https://www.bescom.org

  • What has been the recent revenue trend for Bangalore Electricity Supply Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bangalore Electricity Supply Company Limited has risen by 21.67%.

  • What change has been observed in the net worth of Bangalore Electricity Supply Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bangalore Electricity Supply Company Limited has experienced an downturn of -185.07%.

  • What are the total open charges for Bangalore Electricity Supply Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bangalore Electricity Supply Company Limited amount to ₹ 21,905.98 Cr.

  • When was the last Balance Sheet of Bangalore Electricity Supply Company Limited filed with the ROC?

    The most recent Balance Sheet for Bangalore Electricity Supply Company Limited was filed with the ROC on 31 Mar 2023.

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