Gujarat Industries Power Company Ltd.

This company generates power through gas, lignite, solar, and wind plants in Gujarat.

1985 | Vadodara, Gujarat (India) | Active
Last Updated: July 08, 2024

Gujarat Industries Power Company Profile

Key Indicators

  • Authorised Capital ₹ 386.00 Cr
  • Paid Up Capital ₹ 151.25 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,616.67 Cr
  • Satisfied Charges ₹ 4,192.37 Cr
  • Revenue Growth 17.61%
  • Profit Growth 10.15%
  • Ebitda 0.49%
  • Net Worth 3.61%
  • Total Assets 1.90%

About Gujarat Industries Power Company

Gujarat Industries Power Company Ltd. (GIPCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 1985 and has a history of 39 years and eight months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517300 and on the National Stock Exchange(NSE) under GIPCL.

The Company is engaged in the Environment 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 386.00 Cr and a paid-up capital of Rs 151.25 Cr.

The company currently has active open charges totaling ₹1,616.67 Cr. The company has closed loans amounting to ₹4,192.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Industries Power Company Ltd. India are Kamlesh Bhatt as CFO and Shalin Patel as Company Secretary. Nitin Shukla, Amarendra Rakesh, Ravindra Dholakia, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gipcl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999GJ1985PLC007868

  • Company No.

    007868

  • Stock Symbol

    BSE : 517300 NSE : GIPCL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1985

  • Date of AGM

    16 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Energy and Power

What products or services does Gujarat Industries Power Company Ltd. offer?

Gujarat Industries Power Company Ltd. offers a wide range of products and services, including Control Equipment, Laptop Charger, Docking Station, Stock Trading/Money Market, Share Trading Services, Solar Power Plants, Off Grid Solar Power Plant.

Who are the key members and board of directors at Gujarat Industries Power Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Vatsala Vasudeva Country flag representing In Managing Director20-Aug-2018Current
Kamlesh Bhatt Country flag representing In CFO08-Feb-2018Current
Shalin Patel Company Secretary04-Aug-2022Current

Board Members (10)

NameDesignationAppointment DateStatus
Prabhat Singh Country flag representing In Director 30-Sep-2018Current
Nitin Shukla Country flag representing In Director 07-Feb-2022Current
Jai Shivahare Country flag representing In Nominee Director 15-Mar-2022Current
Amarendra Rakesh Country flag representing In Nominee Director 02-May-2022Current
Ravindra Dholakia Country flag representing In Director 07-Feb-2022Current
Narendra Misra Country flag representing In Director 13-Oct-2015Current

Financial Performance of Gujarat Industries Power Company.

Gujarat Industries Power Company Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 17.61% increase. The company also saw a substantial improvement in profitability, with a 10.15% increase in profit. The company's net worth moved up by a moderate rise of 3.61%.

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
17.61%
Revenue from Operations
15.62%
Total Assets
1.90%
Profit or Loss
10.15%
Net Worth
3.61%
EBITDA
0.49%

What is the Ownership and Shareholding Structure of Gujarat Industries Power Company?

In 2023, Gujarat Industries Power Company had a promoter holding of 55.69% and a public holding of 44.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,616.67 Cr

Satisfied Charges

₹4,192.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 1120.60 Cr
  • State Bank Of India : 495.07 Cr
  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2022Others₹37.00 CrOpen
24 Nov 2022Axis Bank Limited₹1.00 CrOpen
24 Nov 2022State Bank Of India₹22.65 CrOpen
24 Nov 2022Others₹8.45 CrOpen
24 Nov 2022Others₹52.60 CrOpen

How Many Employees Work at Gujarat Industries Power Company?

Gujarat Industries Power Company has a workforce of 501 employees as of Apr 09, 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 Gujarat Industries Power Company, 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 Industries Power Company'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 Industries Power Company

Recent activity within the organization

  • Director Appointment

    Vishal Gupta was appointed as a Director was appointed as a Director on 26 Dec 2023 & has been associated with this company since 1 year 1 month .

    26 Dec 2023

  • Director Appointment

    Chirag Kritikumar Mehta was appointed as a Nominee Director was appointed as a Nominee Director on 26 Dec 2023 & has been associated with this company since 1 year 1 month .

    26 Dec 2023

  • Annual General Meeting

    Gujarat Industries Power Company Ltd. last Annual general meeting of members was held on 16 Sep 2023 as per latest MCA records.

    16 Sep 2023

  • Balance Sheet

    Gujarat Industries Power Company Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 31 Oct 2003 via Charge ID 90103324 with Karur Vysya Bank Limited was fully satisfied on 17 Dec 2022.

    17 Dec 2022

  • Charges

    A charge registered on 24 Mar 2012 via Charge ID 10349289 with Kotak Mahindra Bank Limited was fully satisfied on 15 Dec 2022.

    15 Dec 2022

Frequently asked questions

  • Gujarat Industries Power Company Ltd. was incorporated on 01 Jun 1985.

  • The authorized share capital of Gujarat Industries Power Company Ltd. is ₹ 386.00 Cr and paid-up capital is ₹ 151.25 Cr.

  • Currently 13 directors are associated with Gujarat Industries Power Company Ltd..

    • Nitin Chandrashanker Shukla
    • Amarendra Lalsingh Rakesh
    • Ravindra Harshadrai Dholakia
    • Narendra Nath Misra
    • Prabhat Singh
    • Vishal Gupta
    • Vatsala Vasudeva
    • Mamata Biswal
    • Jai Prakash Shivahare
    • Swaroop Sanandam Prithvi
    • Chirag Kritikumar Mehta
    • Kamlesh Kumar Bhatt
    • Shalin Mukesh Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Industries Power Company Ltd. is P O Ranoli - 391350, Vadodara, Gujarat, India.

  • The corporate identification number (CIN) of Gujarat Industries Power Company Ltd. is L99999GJ1985PLC007868 and the company number is 007868 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gujarat Industries Power Company Ltd. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GIPCL.

  • The Official website of Gujarat Industries Power Company Ltd. is https://www.gipcl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat Industries Power Company Ltd. has risen by 17.61%.

  • As Per 2023 financial reports, 501 employees are currently employed by Gujarat Industries Power Company Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat Industries Power Company Ltd. has experienced an upsurge of 3.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gujarat Industries Power Company Ltd. amount to ₹ 1,616.67 Cr.

  • The most recent Balance Sheet for Gujarat Industries Power Company Ltd. was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Thermal Power Generation & Plants