Dakshin Gujarat Vij Company Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 575.89 Cr
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- 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 five 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 2023. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 575.89 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 Rakesh Nair as CFO and Viral Vora as Company Secretary. Kamlesh Jangid, Jai Shivahare, Naman Kiran, and Five 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
18 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- 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.
Who are the key members and board of directors at Dakshin Gujarat Vij Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Choudhary  | Managing Director | 17-Oct-2022 | Current |
| Rakesh Nair | CFO | 27-Sep-2022 | Current |
| Viral Vora | Company Secretary | 26-Dec-2006 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jai Shivahare | Nominee Director | 04-Mar-2022 | Current |
| Kamlesh Jangid | Nominee Director | 18-Feb-2023 | Current |
| Naman Kiran | Director | 31-Jan-2024 | Current |
| Tejas Parmar | Nominee Director | Current | |
| Keyur Thaker | Director | 31-Jan-2024 | Current |
| Sapnaben Rana | Nominee Director | 13-Oct-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Uttar Gujarat Vij Company LimitedKamlesh Jangid and Jai Shivahare are mutual person
Paschim Gujarat Vij Company LimitedKamlesh Jangid, Jai Shivahare and 1 more are mutual person
Nanghavi Chromatography Solutions Private LimitedNaman Kiran is a mutual person
Madhya Gujarat Vij Company LimitedKamlesh Jangid, Jai Shivahare and 1 more are mutual person
Gujarat Urja Vikas Nigam LimitedKamlesh Jangid and Jai Shivahare are mutual person
Gujarat State Electricity Corporation LimitedKamlesh Jangid and Jai Shivahare are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2007 | Uco Bank | ₹713.50 Cr | Open |
| 21 Jul 2012 | Bank Of Baroda | ₹115.25 Cr | Satisfied |
| 23 Feb 2011 | Power Finance Corporation Limited | ₹14.84 Cr | Satisfied |
| 23 Feb 2011 | Power Finance Corporation Limited | ₹50.14 Cr | Satisfied |
| 29 Sep 2009 | Bank Of Baroda | ₹80.00 Cr | Satisfied |
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.
Deals i
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
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
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
- Director Appointment
Naman Desai Kiran was appointed as a Director was appointed as a Director on 31 Jan 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Keyur Bipinchandra Thaker was appointed as a Director was appointed as a Director on 31 Jan 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Dhavalkumar Amrutbhai Pujara was appointed as a Director was appointed as a Director on 31 Jan 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Dakshin Gujarat Vij Company Limited last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.
- Balance Sheet
Dakshin Gujarat Vij Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 23 Feb 2011 via Charge ID 10270209 with Power Finance Corporation Limited was fully satisfied on 22 Mar 2023.
Recent News, Updates & Announcement
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 ₹ 575.89 Cr.
Who are the current board members & directors of Dakshin Gujarat Vij Company Limited?
Currently 10 directors are associated with Dakshin Gujarat Vij Company Limited.
- Kamlesh Kumar Jangid
- Jai Prakash Shivahare
- Naman Desai Kiran
- Tejas Dilipkumar Parmar
- Keyur Bipinchandra Thaker
- Yogesh Choudhary
- Sapnaben Vipulkumar Rana
- Dhavalkumar Amrutbhai Pujara
- Rakesh Raghavan Nair
- Viral Harendrabhai Vora
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, Surat, Gujarat, India, 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 2023.
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