Gujarat Electric Co Pvt Ltd

Provides construction and MEP consulting services, project implementation, and electrical wiring.

1948 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 29, 2024

Gujarat Electric Co Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.37 M
  • Company Age 76 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.11 M
  • Revenue Growth %
  • Profit Growth 86.66%
  • Ebitda 91.11%
  • Net Worth -0.82%
  • Total Assets

About Gujarat Electric Co

Gujarat Electric Co Pvt Ltd (GECPL) was founded in India on 13 December 1948 and has a glorious history of 76 years and two months.Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 0.50 M and a paid-up capital of Rs 0.37 M.

The company currently has active open charges totaling ₹0.11 M.

Premalbhai Jhaveri and Maulik Jhaveri serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jhaveriassociates.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ1948PTC000323

  • Company No.

    000323

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 1948

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities
Energy and Power

Who are the key members and board of directors at Gujarat Electric Co?

Executive Team (1)

Name Designation Appointment Date Status
Premalbhai Jhaveri Country flag representing In Managing Director 27-Apr-2001 Current

Board Members (1)

Name Designation Appointment Date Status
Maulik Jhaveri Country flag representing In Director 29-Mar-2018 Current

Financial Performance of Gujarat Electric Co.

Gujarat Electric Co Pvt Ltd, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 86.66% increase in profit. The company's net worth dipped by a decrease of 0.82%.

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
Revenue from Operations
Total Assets
Profit or Loss
86.66%
Net Worth
-0.82%
EBITDA
91.11%

What is the Ownership and Shareholding Structure of Gujarat Electric Co?

In 2021, Gujarat Electric Co 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

₹0.11 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
31 Dec 2003 Bank Of Baroda ₹0.06 M Open
08 Apr 2000 Bank Of Baroda ₹0.05 M Open

How Many Employees Work at Gujarat Electric Co?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat Electric Co, 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 Gujarat Electric Co'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 Gujarat Electric Co

Recent activity within the organization

  • Annual General Meeting

    Gujarat Electric Co Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Gujarat Electric Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Maulik Manmathbhai Jhaveri was appointed as a Director was appointed as a Director on 29 Mar 2018 & has been associated with this company since 6 years 10 months .

    29 Mar 2018

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.06 M with Charge ID 90103795 was registered on 31 Dec 2003.

    31 Dec 2003

  • Director Appointment

    Premalbhai Manmathbhai Jhaveri was appointed as a Managing Director was appointed as a Managing Director on 27 Apr 2001 & has been associated with this company since 23 years 9 months .

    27 Apr 2001

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.05 M with Charge ID 90103744 was registered on 08 Apr 2000.

    08 Apr 2000

Frequently asked questions

  • Gujarat Electric Co Pvt Ltd was incorporated on 13 Dec 1948.

  • The authorized share capital of Gujarat Electric Co Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.37 M.

  • Currently 2 directors are associated with Gujarat Electric Co Pvt Ltd.

    • Premalbhai Manmathbhai Jhaveri
    • Maulik Manmathbhai Jhaveri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Electric Co Pvt Ltd is B-Sf/201, Titanium Business Park Near Makarba Railway Crossing India, Ahmadabad City, Gujarat, 380007.

  • The corporate identification number (CIN) of Gujarat Electric Co Pvt Ltd is U31909GJ1948PTC000323 and the company number is 000323 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat Electric Co Pvt Ltd is https://www.jhaveriassociates.com

  • The financial reports for the fiscal year 2021 indicates that The net worth of Gujarat Electric Co Pvt Ltd has experienced an downturn of -0.82%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Gujarat Electric Co Pvt Ltd amount to ₹ 0.11 M.

  • The most recent Balance Sheet for Gujarat Electric Co Pvt Ltd was filed with the ROC on 31 Mar 2024.

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