Gujarat Power Corporation Limited

State-owned company generating and distributing power through various sources, including gas, nuclear, solar, wind, tidal, and rooftop projects.

1990 | Gandhinagar, Gujarat (India) | Active
Last Updated: December 07, 2024

Gujarat Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 518.26 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 88.65 Cr
  • Revenue Growth 59.15%
  • Profit Growth 121.24%
  • Ebitda 153.00%
  • Net Worth 6.58%
  • Total Assets 6.96%

About Gujarat Power Corporation

Gujarat Power Corporation Limited (GPCL) is a leading Public Limited State Government Company incorporated in India on 28 June 1990 and has a history of 34 years and seven 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 2023. It's a company limited by shares with an authorized capital of Rs 600.00 Cr and a paid-up capital of Rs 518.26 Cr.

The company currently has active open charges totaling ₹1.75 Cr. The company has closed loans amounting to ₹88.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Power Corporation Limited India are Rakeshkumar Patel as CFO and Krupa Joshi as Company Secretary. Taneja Premkumar, Praful Rana, Sundar Solomon, and Three other members serve as directors at the Company.

Company Details

  • Location Gandhinagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gpcl.gujarat.gov.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40100GJ1990SGC013961

  • Company No.

    013961

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    28 Jun 1990

  • Date of AGM

    21 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 Power Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Arun Babu Country flag representing In Managing Director20-Apr-2023Current
Rakeshkumar Patel CFO19-Apr-2024Current
Krupa Joshi Country flag representing In Company Secretary09-May-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Taneja Premkumar Country flag representing In Director 29-Feb-2024Current
Praful Rana Country flag representing In Director 14-Aug-2001Current
Sundar Solomon Country flag representing In Director 08-Dec-2023Current
Syed Haider Country flag representing In Nominee Director 13-Aug-2024Current
Bhavita Rathod Country flag representing In Nominee Director 05-Oct-2024Current

Financial Performance of Gujarat Power Corporation.

Gujarat Power Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.15% increase. The company also saw a substantial improvement in profitability, with a 121.24% increase in profit. The company's net worth moved up by a moderate rise of 6.58%.

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
59.15%
Revenue from Operations
68.54%
Total Assets
6.96%
Profit or Loss
121.24%
Net Worth
6.58%
EBITDA
153.00%

What is the Ownership and Shareholding Structure of Gujarat Power Corporation?

In 2023, Gujarat Power Corporation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.75 Cr

Satisfied Charges

₹88.65 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2016Sbicap Trustee Company Limited₹1.75 CrOpen
16 Aug 2012National Bank For Agriculture And Rural Development₹42.75 CrSatisfied
30 Mar 2012The Kalupur Commercial Co-Operative Bank Limited₹45.90 CrSatisfied

How Many Employees Work at Gujarat Power Corporation?

Unlock and access historical data on people associated with Gujarat Power Corporation, 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 Power 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 Power 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 Power Corporation

Recent activity within the organization

  • Director Appointment

    Bhavita Pravinkumar Rathod was appointed as a Nominee Director was appointed as a Nominee Director on 05 Oct 2024 & has been associated with this company since 4 months 19 days .

    05 Oct 2024

  • Director Appointment

    Syed Jawaid Haider was appointed as a Nominee Director was appointed as a Nominee Director on 13 Aug 2024 & has been associated with this company since 6 months 11 days .

    13 Aug 2024

  • Director Appointment

    Rakeshkumar Vinubhai Patel was appointed as a Cfo was appointed as a Cfo on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Director Appointment

    Taneja Premkumar was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 11 months 24 days .

    29 Feb 2024

  • Annual General Meeting

    Gujarat Power Corporation Limited last Annual general meeting of members was held on 21 Dec 2023 as per latest MCA records.

    21 Dec 2023

  • Director Appointment

    Sundar Manoharan Solomon was appointed as a Director was appointed as a Director on 08 Dec 2023 & has been associated with this company since 1 year 2 months .

    08 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Gujarat Power Corporation Limited was incorporated on 28 Jun 1990.

  • The authorized share capital of Gujarat Power Corporation Limited is ₹ 600.00 Cr and paid-up capital is ₹ 518.26 Cr.

  • Currently 8 directors are associated with Gujarat Power Corporation Limited.

    • Rakeshkumar Vinubhai Patel
    • Taneja Premkumar
    • Praful Hardevrai Rana
    • Sundar Manoharan Solomon
    • Syed Jawaid Haider
    • Arun Mahesh Babu
    • Bhavita Pravinkumar Rathod
    • Krupa Navnitbhai Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Power Corporation Limited is 6Th Floor Block No 6 8 Udyog Bhavan Sector 11 India, Gandhinagar, Gujarat, 382011.

  • The corporate identification number (CIN) of Gujarat Power Corporation Limited is U40100GJ1990SGC013961 and the company number is 013961 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat Power Corporation Limited is https://www.gpcl.gujarat.gov.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gujarat Power Corporation Limited has risen by 59.15%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gujarat Power Corporation Limited has experienced an upsurge of 6.58%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gujarat Power Corporation Limited amount to ₹ 1.75 Cr.

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

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