

Ge Power India Profile
Key Indicators
- Authorised Capital ₹ 600.00 Cr
- Paid Up Capital ₹ 67.23 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,060.00 Cr
- Satisfied Charges ₹ 1,023.50 Cr
- Revenue Growth -31.71%
- Profit Growth -52.07%
- Ebitda -104.87%
- Net Worth -66.31%
- Total Assets -17.27%
About Ge Power India
Ge Power India Limited (GPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 September 1992 and has a history of 32 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532309 and on the National Stock Exchange(NSE) under GEPIL.
The Corporate was formerly known as Alstom Power India Limited. 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 600.00 Cr and a paid-up capital of Rs 67.23 Cr.
The company currently has active open charges totaling ₹2,060.00 Cr. The company has closed loans amounting to ₹1,023.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ge Power India Limited India are Aashish Ghai as CFO and Kamna Tiwari as Company Secretary. Ashok Barat, Mahesh Palashikar, Aashish Ghai, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Ge Power India Limited offer?
Ge Power India Limited offers a wide range of products and services, including Power Turbine, Steam Turbines, Boilers & Boiler Parts, Steam Boilers, Turnkey Consultants & Solutions, Engineering Project, Generators, Turbines & Power Plants, Power Plants & Spare Parts, Software Development & IT Consultant, Software Development Services.
Who are the key members and board of directors at Ge Power India?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Puneet Bhatla ![]() | Managing Director | 01-Sep-2024 | Current |
Aashish Ghai | CFO | 06-Aug-2024 | Current |
Kamna Tiwari ![]() | Company Secretary | 22-Oct-2020 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ashok Barat ![]() | Director | 01-Jun-2024 | Current |
Mahesh Palashikar ![]() | Director | 27-May-2020 | Current |
Aashish Ghai ![]() | Whole-Time Director | 22-Jul-2024 | Current |
Shukla Wassan ![]() | Director | 29-Nov-2021 | Current |
Financial Performance of Ge Power India.
Ge Power India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.71% decrease. The company also saw a substantial fall in profitability, with a 52.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.31%.


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What is the Ownership and Shareholding Structure of Ge Power India?
In 2023, Ge Power India had a promoter holding of 68.58% and a public holding of 31.43%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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- Mahindra Accelo Limited
Ashok Barat is a mutual person
- Huhtamaki India Limited
Ashok Barat is a mutual person
- India Glycols Limited
Shukla Wassan is a mutual person
- Aarti Industries Ltd
Ashok Barat is a mutual person
- Everest Industries Limited
Ashok Barat is a mutual person
- Ge Power Boilers Services Limited
Puneet Bhatla is a mutual person
Charges (Loans)
₹2,060.00 Cr
₹1,023.50 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 600.00 Cr
- Others : 510.00 Cr
- State Bank Of India : 500.00 Cr
- Hdfc Bank Limited : 450.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
12 Dec 2022 | Hdfc Bank Limited | ₹450.00 Cr | Open |
05 Oct 2020 | State Bank Of India | ₹500.00 Cr | Open |
07 Feb 2000 | Others | ₹510.00 Cr | Open |
14 Jan 2000 | Canara Bank | ₹600.00 Cr | Open |
23 Jul 2021 | Axis Bank Limited | ₹225.00 Cr | Satisfied |
How Many Employees Work at Ge Power India?
Ge Power India has a workforce of 827 employees as of Apr 07, 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 Ge Power India, 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 Ge Power India'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 Ge Power India
Recent activity within the organization
- Director Appointment
Puneet Bhatla was appointed as a Managing Director was appointed as a Managing Director on 01 Sep 2024 & has been associated with this company since 8 months 12 days .
- Director Appointment
Aashish Ghai was appointed as a Cfo was appointed as a Cfo on 06 Aug 2024 & has been associated with this company since 9 months 8 days .
- Annual General Meeting
Ge Power India Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.
- Director Appointment
Aashish Ghai was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Jul 2024 & has been associated with this company since 9 months 23 days .
- Director Appointment
Ashok Kumar Barat was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 11 months 13 days .
- Balance Sheet
Ge Power India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Recent News, Updates & Announcement
- GE Power India Secures Rs 103 Crore Order from NTPC, Celebrates with #Blessed #PowerMoves #Grateful.
GE Power India got a big order from NTPC worth Rs 103 crore. #Blessed #PowerMoves #Grateful.
- Lava Secures Major Order from GE to Boost India's Manufacturing and R&D in Medical Devices Amid US-China Trade War.
Lava gets big order from GE to make medical devices. This helps India's manufacturing and R&D. Lava will make portable ultrasound devices for GE's healthcare division. They will also provide software support and upgrades. This is their second deal amid the US-China trade war. Lava and Micromax also got a big order to make smartphones for US carriers. This is good for India's economy and shows our manufacturing strength. Lava is happy and relieved because their smartphone plants were not being used much. Indian brands have less market share now because of Chinese brands..
- NCLAT allows GE to sell stake in Baker Hughes with riders.
A three-member bench headed by Chairperson Justice S J Mukhopadhaya also said that such sales should not affect the business of Triveni Turbine Ltd and its JV firm GE Triveni Ltd (GETL)..
- Report : Starwood, Apollo Offer To Buy GE's Aircraft-financing Unit For $4 Bln .
Starwood Capital Group and Apollo Global Management have submitted offers to buy an aircraft-financing business owned by General Electric Co. (GE), which could fetch around $4 billion, Bloomberg reported citing people familiar with the matter..
Frequently asked questions
What is the Incorporation or founding date of Ge Power India Limited?
Ge Power India Limited was incorporated on 02 Sep 1992.
What is authorized share capital and paid-up capital of Ge Power India Limited?
The authorized share capital of Ge Power India Limited is ₹ 600.00 Cr and paid-up capital is ₹ 67.23 Cr.
Who are the current board members & directors of Ge Power India Limited?
Currently 7 directors are associated with Ge Power India Limited.
- Ashok Kumar Barat
- Mahesh Shrikrishna Palashikar
- Aashish Ghai
- Puneet Bhatla
- Aashish Ghai
- Kamna Tiwari
- Shukla Wassan
What is the registered address of Ge Power India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ge Power India Limited is Regus Magnum Business Centers Private Limited 11Th Floor Platina Block G Plot C-59 Bkc, Bandra(E) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Ge Power India Limited?
The corporate identification number (CIN) of Ge Power India Limited is L74140MH1992PLC068379 and the company number is 068379 as per Ministry of Corporate Affairs (MCA).
Is Ge Power India Limited registered with any stock exchange in India?
Yes, Ge Power India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GEPIL.
What is the official website of Ge Power India Limited?
The Official website of Ge Power India Limited is https://www.ge.cominge-power-india-limited
What has been the recent revenue trend for Ge Power India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ge Power India Limited has fallen by -31.71%.
How many employees does Ge Power India Limited currently have?
As Per 2023 financial reports, 827 employees are currently employed by Ge Power India Limited.
What change has been observed in the net worth of Ge Power India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ge Power India Limited has experienced an downturn of -66.31%.
What are the total open charges for Ge Power India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ge Power India Limited amount to ₹ 2,060.00 Cr.
When was the last Balance Sheet of Ge Power India Limited filed with the ROC?
The most recent Balance Sheet for Ge Power India Limited was filed with the ROC on 31 Mar 2024.
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