Gspl India Gasnet Limited

Develops natural gas pipeline for transmission across multiple states, authorized by PNGRB.

2011 | Gandhinagar, Gujarat (India) | Active
Last Updated: December 17, 2024

Gspl India Gasnet Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 2,229.25 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,289.30 Cr
  • Revenue Growth 37.64%
  • Profit Growth 352.69%
  • Ebitda 34.01%
  • Net Worth 24.08%
  • Total Assets 11.71%

About Gspl India Gasnet

Gspl India Gasnet Limited (GIGL) is a leading Public Limited State Government Company incorporated in India on 13 October 2011 and has a history of 13 years and three months. Its registered office is in Gandhinagar, Gujarat.

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 2,500.00 Cr and a paid-up capital of Rs 2,229.25 Cr.

The company currently has active open charges totaling ₹4,289.30 Cr.

The Key Managerial Personnel (KMP) at Gspl India Gasnet Limited India are Prabir Losalka as Cfo, Meera Parikh as Company Secretary, and Prakash Karnik as Ceo. Milind Torawane, Papia Sengupta, Manoj Sharma, and Six other members serve as directors at the Company.

Company Details

  • Location
    Gandhinagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40200GJ2011SGC067449

  • Company No.

    067449

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    13 Oct 2011

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Gspl India Gasnet?

Executive Team (3)

NameDesignationAppointment DateStatus
Prabir Losalka CFO30-May-2022Current
Meera Parikh Company Secretary27-May-2019Current
Prakash Karnik Country flag representing In CEO06-Jun-2023Current

Board Members (9)

NameDesignationAppointment DateStatus
Sudhir Jain Country flag representing In Director 13-Nov-2019Current
Papia Sengupta Country flag representing In Director 16-Apr-2024Current
Milind Torawane Country flag representing In Director 20-Apr-2023Current
Manoj Sharma Country flag representing In Director 04-Aug-2020Current
Biju Gopinath Country flag representing In Director 13-May-2024Current
Prakash Karnik Country flag representing In Director and Ceo 20-Apr-2023Current

Financial Performance of Gspl India Gasnet.

Gspl India Gasnet Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.64% increase. The company also saw a substantial improvement in profitability, with a 352.69% increase in profit. The company's net worth Soared by an impressive increase of 24.08%.

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
37.64%
Revenue from Operations
32.31%
Total Assets
11.71%
Profit or Loss
352.69%
Net Worth
24.08%
EBITDA
34.01%

What is the Ownership and Shareholding Structure of Gspl India Gasnet?

In 2023, Gspl India Gasnet 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

₹4,289.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 4289.30 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2018Sbicap Trustee Company Limited₹4,289.30 CrOpen

How Many Employees Work at Gspl India Gasnet?

Gspl India Gasnet has a workforce of 112 employees as of Oct 17, 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 Gspl India Gasnet, 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 Gspl India Gasnet'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 Gspl India Gasnet

Recent activity within the organization

  • Director Appointment

    Sreenivasraju Vimalanatha Kalidindi was appointed as a Additional Director was appointed as a Additional Director on 19 Nov 2024 & has been associated with this company since 2 months 13 days .

    19 Nov 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 4,289.30 Cr registered on 08 Mar 2018 with Charge ID 100159278 was modified on 24 Sep 2024.

    24 Sep 2024

  • Annual General Meeting

    Gspl India Gasnet Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Director Appointment

    Biju Gopinath was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 8 months 19 days .

    13 May 2024

  • Director Appointment

    Papia Sengupta was appointed as a Director was appointed as a Director on 16 Apr 2024 & has been associated with this company since 9 months 16 days .

    16 Apr 2024

  • Balance Sheet

    Gspl India Gasnet Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Gspl India Gasnet Limited was incorporated on 13 Oct 2011.

  • The authorized share capital of Gspl India Gasnet Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 2,229.25 Cr.

  • Currently 12 directors are associated with Gspl India Gasnet Limited.

    • Milind Shivaram Torawane
    • Papia Sengupta
    • Manoj Kumar Sharma
    • Biju Gopinath
    • Prakash Dinkar Karnik
    • Sandeep Jain
    • Sreenivasraju Vimalanatha Kalidindi
    • Prabir Kumar Losalka
    • Meera Samirbhai Parikh
    • Prakash Dinkar Karnik
    • Sudhir Kumar Jain
    • Raj Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gspl India Gasnet Limited is Gspc Bhavan B/H Udyog Bhavan, Sector-11 India, Gandhinagar, Gujarat, 382011.

  • The corporate identification number (CIN) of Gspl India Gasnet Limited is U40200GJ2011SGC067449 and the company number is 067449 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gspl India Gasnet Limited is https://www.gspcgroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gspl India Gasnet Limited has risen by 37.64%.

  • As Per 2022 financial reports, 112 employees are currently employed by Gspl India Gasnet Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gspl India Gasnet Limited has experienced an upsurge of 24.08%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gspl India Gasnet Limited amount to ₹ 4,289.30 Cr.

  • The most recent Balance Sheet for Gspl India Gasnet Limited was filed with the ROC on 31 Mar 2024.

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