Gridco Limited

Founded in 1995 and headquartered in Orissa, India.

1995 | Khorda, Odisha (India) | Active
Last Updated:

Gridco Profile

Key Indicators

  • Authorised Capital ₹ 4,000.00 Cr
  • Paid Up Capital ₹ 3,291.48 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8,161.78 Cr
  • Satisfied Charges ₹ 9,717.00 Cr

About Gridco

Gridco Limited (GL) is a leading Public Limited State Government Company incorporated in India on 20 April 1995 and has a history of 29 years and ten months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Grid Corporation Of Orissa 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 2023. It's a company limited by shares with an authorized capital of Rs 4,000.00 Cr and a paid-up capital of Rs 3,291.48 Cr.

The company currently has active open charges totaling ₹8,161.78 Cr. The company has closed loans amounting to ₹9,717.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gridco Limited India are Srikanta Sahoo as CFO and Susmita Dash as Company Secretary. Pradeep Pujari, Trilochan Panda, Vishal Dev, and Six other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gridco.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109OR1995SGC003960

  • Company No.

    003960

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Apr 1995

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Energy and Power

Who are the key members and board of directors at Gridco?

Executive Team (3)

NameDesignationAppointment DateStatus
Trilochan Panda Country flag representing In Managing Director17-Aug-2020Current
Srikanta Sahoo CFO31-May-2021Current
Susmita Dash Country flag representing In Company Secretary10-Apr-2007Current

Board Members (8)

NameDesignationAppointment DateStatus
Pradeep Pujari Country flag representing In Additional Director Current
Vishal Dev Country flag representing In Additional Director Current
Rabindra Nayak Country flag representing In Director 06-Oct-2022Current
Padmaja Mishra Country flag representing In Director 17-Oct-2015Current
Gagan Swain Country flag representing In Whole-Time Director 26-Feb-2020Current
Satya Rath Country flag representing In Director 21-Feb-2018Current

Financial Performance of Gridco.

Gridco revenue growth over time
Gridco 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Gridco?

Unlock access to Gridco's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,161.78 Cr

Satisfied Charges

₹9,717.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 6441.98 Cr
  • Canara Bank : 1006.40 Cr
  • Indian Bank : 500.00 Cr
  • Uco Bank : 200.00 Cr
  • State Bank Of India : 13.40 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2023Canara Bank₹1,006.40 CrOpen
19 Sep 2022Others₹400.00 CrOpen
30 Mar 2022Others₹1,279.22 CrOpen
30 Dec 2020Others₹600.00 CrOpen
30 Dec 2020Others₹500.00 CrOpen

How Many Employees Work at Gridco?

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

Employee growth trends for Gridco Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gridco, 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 Gridco'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 Gridco

Recent activity within the organization

  • Charges

    A charge registered on 27 Aug 2016 via Charge ID 100050555 with Others was fully satisfied on 06 Nov 2023.

  • Charges

    A charge with Others of Rs. 400.00 Cr registered on 19 Sep 2022 with Charge ID 100611214 was modified on 07 Sep 2023.

  • Annual General Meeting

    Gridco Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

  • Charges

    A charge registered on 25 Mar 2015 via Charge ID 10560051 with Bank Of India was fully satisfied on 24 Jul 2023.

  • Charges

    A charge with Canara Bank amounted to Rs. 1,006.40 Cr with Charge ID 100744609 was registered on 30 Jun 2023.

  • Charges

    A charge registered on 25 Nov 2020 via Charge ID 100394121 with Others was fully satisfied on 30 Jun 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Gridco Limited?

    Gridco Limited was incorporated on 20 Apr 1995.

  • What is authorized share capital and paid-up capital of Gridco Limited?

    The authorized share capital of Gridco Limited is ₹ 4,000.00 Cr and paid-up capital is ₹ 3,291.48 Cr.

  • Who are the current board members & directors of Gridco Limited?

    Currently 11 directors are associated with Gridco Limited.

    • Pradeep Kumar Pujari
    • Trilochan Panda
    • Vishal Kumar Dev
    • Rabindra Nath Nayak
    • Padmaja Mishra
    • Gagan Bihari Swain
    • Satya Priya Rath
    • Yudhisthir Nayak
    • Umakanta Sahoo
    • Srikanta Kumar Sahoo
    • Susmita Dash

  • What is the registered address of Gridco Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gridco Limited is Janpath, Bhubaneswar, Khurda, Orissa, India, 751022.

  • What is the corporate identification number (CIN) and company number of Gridco Limited?

    The corporate identification number (CIN) of Gridco Limited is U40109OR1995SGC003960 and the company number is 003960 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gridco Limited?

    The Official website of Gridco Limited is https://www.gridco.co.in

  • What are the total open charges for Gridco Limited?

    As per the financial statements for fiscal Year , The total open charges for Gridco Limited amount to ₹ 8,161.78 Cr.

  • When was the last Balance Sheet of Gridco Limited filed with the ROC?

    The most recent Balance Sheet for Gridco Limited was filed with the ROC on 31 Mar 2023.

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