Gujarat Energy Transmission Corporation Profile
Key Indicators
- Authorised Capital ₹ 2,000.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1,120.63 Cr
as on 24-10-2024
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4,018.23 Cr
as on 24-10-2024
- Satisfied Charges ₹ 16,681.56 Cr
as on 24-10-2024
- Revenue 13.06%
(FY 2023)
- Profit 29.37%
(FY 2023)
- Ebitda 23.07%
(FY 2023)
- Net Worth 20.45%
(FY 2023)
- Total Assets 7.06%
(FY 2023)
About Gujarat Energy Transmission Corporation
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.
- 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
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Gujarat Energy Transmission Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Upendra Pande  | Managing Director | 19-Apr-2021 | Current |
| Nishant Shrivastava | Company Secretary | 08-Sep-2008 | Current |
| Jaynish Modi | CFO | 19-Oct-2024 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jai Shivahare | Nominee Director | 08-Apr-2022 | Current |
| Biswajit Roy | Director | 17-Feb-2024 | Current |
| Syed Haider | Nominee Director | 10-Sep-2024 | Current |
| Kamlesh Jangid | Director | 26-Jul-2023 | Current |
| Vijay Kothari | Nominee Director | 19-Oct-2024 | Current |
| Swaroop Prithvi | Director | 08-Jan-2023 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 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.
Related Corporates (Common Directorship)
Uttar Gujarat Vij Company LimitedActive 21 years 3 monthsKamlesh Jangid, Jai Shivahare and 1 more are mutual person
Paschim Gujarat Vij Company LimitedActive 21 years 3 monthsKamlesh Jangid and Jai Shivahare are mutual person
Madhya Gujarat Vij Company LimitedActive 21 years 3 monthsKamlesh Jangid and Jai Shivahare are mutual person
Gujarat Urja Vikas Nigam LimitedActive 19 years 11 monthsKamlesh Jangid and Jai Shivahare are mutual person
Gujarat State Electricity Corporation LimitedActive 31 years 4 monthsSyed Haider, Kamlesh Jangid and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 Oct 2017 | ₹3,192.23 Cr | Open |
Uco Bank Creation Date: 08 Jan 2007 | ₹826.00 Cr | Open |
Others Creation Date: 21 Jan 2016 | ₹305.00 Cr | Satisfied |
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.
Deals i
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
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.
