Dakshin Gujarat Vij Company Limited

State-owned electricity distribution company serving various regions in Gujarat with multiple schemes.

2003 | Surat, Gujarat (India) | Active
Last Updated:

Dakshin Gujarat Vij Company Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 603.20 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 713.50 Cr
  • Satisfied Charges ₹ 1,291.04 Cr
  • Revenue Growth 25.59%
  • Profit Growth -54.05%
  • Ebitda -23.78%
  • Net Worth 16.14%
  • Total Assets 15.02%

About Dakshin Gujarat Vij Company

Dakshin Gujarat Vij Company Limited (DGVCL) is a leading Public Limited State Government Company incorporated in India on 15 September 2003 and has a history of 21 years and seven months. Its registered office is in Surat, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 603.20 Cr.

The company currently has active open charges totaling ₹713.50 Cr. The company has closed loans amounting to ₹1,291.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Dakshin Gujarat Vij Company Limited India are Viral Vora as COMPANY SECRETARY and Rakesh Nair as Cfo. Kamlesh Jangid, Jai Shivahare, Naman Kiran, and Four other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U40102GJ2003SGC042909

  • Company No.

    042909

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    15 Sep 2003

  • Date of AGM

    17 Dec 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Dakshin Gujarat Vij Company Limited offer?

Dakshin Gujarat Vij Company Limited offers a wide range of products and services, including Marketing Services & Consultants, Marketing Services, Solar & Renewable Energy Products, Energy Conservation Equipment.

Company report

Dakshin Gujarat Vij Company Limited

Explore comprehensive data for Dakshin Gujarat Vij Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Dakshin Gujarat Vij Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Yogesh Choudhary Country flag representing In Managing Director17-Oct-2022Current
Viral Vora Company Secretary26-Dec-2006Current
Rakesh Nair CFO27-Sep-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Jai Shivahare Country flag representing In Nominee Director 04-Mar-2022Current
Kamlesh Jangid Country flag representing In Nominee Director 18-Feb-2023Current
Naman Kiran Country flag representing In Director 22-Jan-2024Current
Dhavalkumar Pujara Country flag representing In Director 22-Jan-2024Current
Sapnaben Rana Country flag representing In Nominee Director 13-Oct-2020Current
Keyur Thaker Country flag representing In Director 22-Jan-2024Current

Financial Performance of Dakshin Gujarat Vij Company.

Dakshin Gujarat Vij Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.59% increase. The company also saw a substantial fall in profitability, with a 54.05% decrease in profit. The company's net worth Soared by an impressive increase of 16.14%.

Dakshin Gujarat Vij Company revenue growth over time
Dakshin Gujarat Vij 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
25.59%
Revenue from Operations
25.74%
Total Assets
15.02%
Profit or Loss
-54.05%
Net Worth
16.14%
EBITDA
-23.78%

What is the Ownership and Shareholding Structure of Dakshin Gujarat Vij Company?

In 2023, Dakshin Gujarat Vij 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

₹713.50 Cr

Satisfied Charges

₹1,291.04 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 713.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2007Uco Bank₹713.50 CrOpen
21 Jul 2012Bank Of Baroda₹115.25 CrSatisfied
23 Feb 2011Power Finance Corporation Limited₹14.84 CrSatisfied
23 Feb 2011Power Finance Corporation Limited₹50.14 CrSatisfied
29 Sep 2009Bank Of Baroda₹80.00 CrSatisfied

How Many Employees Work at Dakshin Gujarat Vij Company?

Dakshin Gujarat Vij Company has a workforce of 4682 employees as of Apr 03, 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.

Employee growth trends for Dakshin Gujarat Vij Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dakshin Gujarat Vij 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 Dakshin Gujarat Vij 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 Dakshin Gujarat Vij Company

Recent activity within the organization

  • Annual General Meeting

    Dakshin Gujarat Vij Company Limited last Annual general meeting of members was held on 17 Dec 2024 as per latest MCA records.

  • Balance Sheet

    Dakshin Gujarat Vij Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Naman Desai Kiran was appointed as a Director was appointed as a Director on 22 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Dhavalkumar Amrutbhai Pujara was appointed as a Director was appointed as a Director on 22 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Keyur Bipinchandra Thaker was appointed as a Director was appointed as a Director on 22 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Charges

    A charge registered on 23 Feb 2011 via Charge ID 10270209 with Power Finance Corporation Limited was fully satisfied on 22 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Dakshin Gujarat Vij Company Limited?

    Dakshin Gujarat Vij Company Limited was incorporated on 15 Sep 2003.

  • What is authorized share capital and paid-up capital of Dakshin Gujarat Vij Company Limited?

    The authorized share capital of Dakshin Gujarat Vij Company Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 603.20 Cr.

  • Who are the current board members & directors of Dakshin Gujarat Vij Company Limited?

    Currently 9 directors are associated with Dakshin Gujarat Vij Company Limited.

    • Kamlesh Kumar Jangid
    • Jai Prakash Shivahare
    • Naman Desai Kiran
    • Yogesh Choudhary
    • Viral Harendrabhai Vora
    • Rakesh Raghavan Nair
    • Dhavalkumar Amrutbhai Pujara
    • Sapnaben Vipulkumar Rana
    • Keyur Bipinchandra Thaker

  • What is the registered address of Dakshin Gujarat Vij Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Dakshin Gujarat Vij Company Limited is Nana Varachha Road Kapodar Near Gajjar Petrol Pump India, Surat, Gujarat, 395006.

  • What is the corporate identification number (CIN) and company number of Dakshin Gujarat Vij Company Limited?

    The corporate identification number (CIN) of Dakshin Gujarat Vij Company Limited is U40102GJ2003SGC042909 and the company number is 042909 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Dakshin Gujarat Vij Company Limited?

    The Official website of Dakshin Gujarat Vij Company Limited is https://www.dgvcl.com

  • What has been the recent revenue trend for Dakshin Gujarat Vij Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Dakshin Gujarat Vij Company Limited has risen by 25.59%.

  • How many employees does Dakshin Gujarat Vij Company Limited currently have?

    As Per 2023 financial reports, 4682 employees are currently employed by Dakshin Gujarat Vij Company Limited.

  • What change has been observed in the net worth of Dakshin Gujarat Vij Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Dakshin Gujarat Vij Company Limited has experienced an upsurge of 16.14%.

  • What are the total open charges for Dakshin Gujarat Vij Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Dakshin Gujarat Vij Company Limited amount to ₹ 713.50 Cr.

  • When was the last Balance Sheet of Dakshin Gujarat Vij Company Limited filed with the ROC?

    The most recent Balance Sheet for Dakshin Gujarat Vij Company Limited was filed with the ROC on 31 Mar 2024.

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