Gujarat Energy Transmission Corporation Limited

State transmission utility responsible for load dispatch and power transmission, with ISO certification.

1999 | Vadodara, Gujarat (India) | Active
Last Updated:

Gujarat Energy Transmission Corporation Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 1,120.63 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4,018.23 Cr
  • Satisfied Charges ₹ 16,681.56 Cr
  • Revenue Growth 13.06%
  • Profit Growth 29.37%
  • Ebitda 23.07%
  • Net Worth 20.45%
  • Total Assets 7.06%

About Gujarat Energy Transmission Corporation

Gujarat Energy Transmission Corporation Limited (GETCL) is a leading Public Limited State Government Company incorporated in India on 19 May 1999 and has a history of 25 years and nine months. Its registered office is in Vadodara, 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 2,000.00 Cr and a paid-up capital of Rs 1,120.63 Cr.

The company currently has active open charges totaling ₹4,018.23 Cr. The company has closed loans amounting to ₹16,681.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Energy Transmission Corporation Limited India are Nishant Shrivastava as COMPANY SECRETARY and Jaynish Modi as Cfo. Syed Haider, Kamlesh Jangid, Biswajit Roy, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    getcogujarat.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100GJ1999SGC036018

  • Company No.

    036018

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    19 May 1999

  • Date of AGM

    18 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Gujarat Energy Transmission Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Upendra Pande Country flag representing In Managing Director19-Apr-2021Current
Nishant Shrivastava Company Secretary08-Sep-2008Current
Jaynish Modi CFO19-Oct-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Jai Shivahare Country flag representing In Nominee Director 08-Apr-2022Current
Biswajit Roy Country flag representing In Director 17-Feb-2024Current
Syed Haider Country flag representing In Nominee Director 10-Sep-2024Current
Kamlesh Jangid Country flag representing In Director 26-Jul-2023Current
Vijay Kothari Country flag representing In Nominee Director 19-Oct-2024Current
Swaroop Prithvi Country flag representing In Director 08-Jan-2023Current

Financial Performance of Gujarat Energy Transmission Corporation.

Gujarat Energy Transmission Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.06% increase. The company also saw a substantial improvement in profitability, with a 29.37% increase in profit. The company's net worth Soared by an impressive increase of 20.45%.

Gujarat Energy Transmission Corporation revenue growth over time
Gujarat Energy Transmission Corporation 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
13.06%
Revenue from Operations
13.04%
Total Assets
7.06%
Profit or Loss
29.37%
Net Worth
20.45%
EBITDA
23.07%

What is the Ownership and Shareholding Structure of Gujarat Energy Transmission Corporation?

In 2023, Gujarat Energy Transmission Corporation 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

₹4,018.23 Cr

Satisfied Charges

₹16,681.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 3192.23 Cr
  • Uco Bank : 826.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2017Others₹3,192.23 CrOpen
08 Jan 2007Uco Bank₹826.00 CrOpen
21 Jan 2016Others₹305.00 CrSatisfied
04 Sep 2015National Bank For Agricultureand Rural Development₹448.00 CrSatisfied
17 Jul 2015Dena Bank₹300.00 CrSatisfied

How Many Employees Work at Gujarat Energy Transmission Corporation?

Gujarat Energy Transmission Corporation has a workforce of 9174 employees as of Mar 31, 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.

Employee growth trends for Gujarat Energy Transmission Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat Energy Transmission Corporation, 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 Energy Transmission Corporation'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 Energy Transmission Corporation

Recent activity within the organization

  • Director Appointment

    Vijay Nanalal Kothari was appointed as a Nominee Director was appointed as a Nominee Director on 19 Oct 2024 & has been associated with this company since 4 months 13 days .

  • Director Appointment

    Shweta Teotia was appointed as a Nominee Director was appointed as a Nominee Director on 19 Oct 2024 & has been associated with this company since 4 months 13 days .

  • Director Appointment

    Jaynish Modi was appointed as a Cfo was appointed as a Cfo on 19 Oct 2024 & has been associated with this company since 4 months 13 days .

  • Director Appointment

    Syed Jawaid Haider was appointed as a Nominee Director was appointed as a Nominee Director on 10 Sep 2024 & has been associated with this company since 5 months 21 days .

  • Director Appointment

    Anil Roy was appointed as a Director was appointed as a Director on 31 Aug 2024 & has been associated with this company since 6 months 1 day .

  • Annual General Meeting

    Gujarat Energy Transmission Corporation Limited last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Gujarat Energy Transmission Corporation Limited?

    Gujarat Energy Transmission Corporation Limited was incorporated on 19 May 1999.

  • What is authorized share capital and paid-up capital of Gujarat Energy Transmission Corporation Limited?

    The authorized share capital of Gujarat Energy Transmission Corporation Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 1,120.63 Cr.

  • Who are the current board members & directors of Gujarat Energy Transmission Corporation Limited?

    Currently 12 directors are associated with Gujarat Energy Transmission Corporation Limited.

    • Syed Jawaid Haider
    • Kamlesh Kumar Jangid
    • Biswajit Roy
    • Jai Prakash Shivahare
    • Upendra Gunawant Pande
    • Vijay Nanalal Kothari
    • Swaroop Sanandam Prithvi
    • Shweta Teotia
    • Anil Roy
    • Neena Kumar
    • Nishant Lalan Shrivastava
    • Jaynish Modi

  • What is the registered address of Gujarat Energy Transmission Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Energy Transmission Corporation Limited is Sardar Patel Vidyut Bhavanrace Course India, Baroda, Gujarat, 390007.

  • What is the corporate identification number (CIN) and company number of Gujarat Energy Transmission Corporation Limited?

    The corporate identification number (CIN) of Gujarat Energy Transmission Corporation Limited is U40100GJ1999SGC036018 and the company number is 036018 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gujarat Energy Transmission Corporation Limited?

    The Official website of Gujarat Energy Transmission Corporation Limited is https://www.getcogujarat.com

  • What has been the recent revenue trend for Gujarat Energy Transmission Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat Energy Transmission Corporation Limited has risen by 13.06%.

  • How many employees does Gujarat Energy Transmission Corporation Limited currently have?

    As Per 2023 financial reports, 9174 employees are currently employed by Gujarat Energy Transmission Corporation Limited.

  • What change has been observed in the net worth of Gujarat Energy Transmission Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat Energy Transmission Corporation Limited has experienced an upsurge of 20.45%.

  • What are the total open charges for Gujarat Energy Transmission Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gujarat Energy Transmission Corporation Limited amount to ₹ 4,018.23 Cr.

  • When was the last Balance Sheet of Gujarat Energy Transmission Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Gujarat Energy Transmission Corporation Limited was filed with the ROC on 31 Mar 2023.

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