Essar Power Gujarat Limited

Operates 1,200-MW imported coal based power plant in Gujarat with long-term PPA.

2007 | Jamnagar, Gujarat (India) | Active
Last Updated: July 18, 2024

Essar Power Gujarat Profile

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 3,874.30 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,176.04 Cr
  • Satisfied Charges ₹ 9,120.96 Cr
  • Revenue Growth 23727.54%
  • Profit Growth 536.54%
  • Ebitda 150.24%
  • Net Worth 116.01%
  • Total Assets 107.14%

About Essar Power Gujarat

Essar Power Gujarat Limited (EPGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 2007 and has a history of 17 years and ten months. Its registered office is in Jamnagar, 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 10,000.00 Cr and a paid-up capital of Rs 3,874.30 Cr.

The company currently has active open charges totaling ₹3,176.04 Cr. The company has closed loans amounting to ₹9,120.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Essar Power Gujarat Limited India are Kapil Singla as CFO and Girish Purohit as Company Secretary. Ramesh Mohanty, Bhaven Bhatt, Virendra Verma, and Four other members serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    essar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900GJ2007PLC066273

  • Company No.

    066273

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Essar Power Gujarat Limited offer?

Essar Power Gujarat Limited offers a wide range of products and services, including Freight Forwarding Services, Shipping Services, Architectural & Civil Engineering, Civil Engineering Service, HR & Manpower Recruitment Solutions, Engineering Jobs, Electrical & Signaling Contractors, Power Engineering Service, Metal & Metal Made Products, Stainless Steel Sheet.

Who are the key members and board of directors at Essar Power Gujarat?

Executive Team (2)

NameDesignationAppointment DateStatus
Kapil Singla Country flag representing In CFO18-May-2022Current
Girish Purohit Country flag representing In Company Secretary11-Aug-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Virendra Verma Country flag representing In Director 04-Feb-2020Current
Bhaven Bhatt Country flag representing In Director 14-Sep-2020Current
Ramesh Mohanty Country flag representing In Director 28-Mar-2022Current
Ruvalma Shet Country flag representing In Whole-Time Director 26-Mar-2018Current
Kush Country flag representing In Director 01-Apr-2019Current
Kapil Singla Country flag representing In Director and Cfo 01-Apr-2019Current

Financial Performance of Essar Power Gujarat.

Essar Power Gujarat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23727.54% increase. The company also saw a substantial improvement in profitability, with a 536.54% increase in profit. The company's net worth Soared by an impressive increase of 116.01%.

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
23727.54%
Revenue from Operations
32133.47%
Total Assets
107.14%
Profit or Loss
536.54%
Net Worth
116.01%
EBITDA
150.24%

What is the Ownership and Shareholding Structure of Essar Power Gujarat?

In 2023, Essar Power Gujarat had a promoter holding of 49.00% and a public holding of 51.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,176.04 Cr

Satisfied Charges

₹9,120.96 Cr

Charges Breakdown by Lending Institutions

  • Others : 3176.04 Cr

Latest Charge Details

DateLenderAmountStatus
03 Apr 2024Others₹150.00 CrOpen
30 Oct 2023Others₹1,092.00 CrOpen
22 Sep 2023Others₹150.00 CrOpen
20 Sep 2023Others₹150.00 CrOpen
01 Jul 2023Others₹367.02 CrOpen

How Many Employees Work at Essar Power Gujarat?

Essar Power Gujarat has a workforce of 228 employees as of Mar 28, 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 Essar Power Gujarat, 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 Essar Power Gujarat'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 Essar Power Gujarat

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100895514 was registered on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge with Others of Rs. 367.02 Cr registered on 01 Jul 2023 with Charge ID 100778615 was modified on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Others of Rs. 367.02 Cr registered on 20 Mar 2023 with Charge ID 100793796 was modified on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 1,092.00 Cr with Charge ID 100824404 was registered on 30 Oct 2023.

    30 Oct 2023

  • Annual General Meeting

    Essar Power Gujarat Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100806234 was registered on 22 Sep 2023.

    22 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Essar Power Gujarat Limited was incorporated on 05 Apr 2007.

  • The authorized share capital of Essar Power Gujarat Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 3,874.30 Cr.

  • Currently 9 directors are associated with Essar Power Gujarat Limited.

    • Ramesh Chandra Mohanty
    • Bhaven Suman Bhatt
    • Virendra Singh Verma
    • Ruvalma Shet
    • Kush
    • Kapil Singla
    • Ajay Kumar Sinha
    • Kapil Singla
    • Girish Kumar Purohit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essar Power Gujarat Limited is Salaya Administrative Building 44 KmPost Box No7 Jamnagar-Okha Highway Post Khambhaliya, Gujarat, India, 361305.

  • The corporate identification number (CIN) of Essar Power Gujarat Limited is U74900GJ2007PLC066273 and the company number is 066273 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essar Power Gujarat Limited is https://www.essar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Essar Power Gujarat Limited has risen by 23727.54%.

  • As Per 2023 financial reports, 228 employees are currently employed by Essar Power Gujarat Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Essar Power Gujarat Limited has experienced an upsurge of 116.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Essar Power Gujarat Limited amount to ₹ 3,176.04 Cr.

  • The most recent Balance Sheet for Essar Power Gujarat Limited was filed with the ROC on 31 Mar 2023.

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