

Gujarat State Energy Generation Profile
Key Indicators
- Authorised Capital ₹ 600.00 Cr
- Paid Up Capital ₹ 568.70 Cr
- Company Age 26 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 179.67 Cr
- Satisfied Charges ₹ 2,977.14 Cr
- Revenue Growth -45.33%
- Profit Growth -90.52%
- Ebitda -32.85%
- Net Worth -0.18%
- Total Assets -6.59%
About Gujarat State Energy Generation
Gujarat State Energy Generation Limited (GSEGL) is a leading Public Limited State Government Company incorporated in India on 30 December 1998 and has a history of 26 years and three months. Its registered office is in Gandhi Nagar, Gujarat, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 600.00 Cr and a paid-up capital of Rs 568.70 Cr.
The company currently has active open charges totaling ₹179.67 Cr. The company has closed loans amounting to ₹2,977.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gujarat State Energy Generation Limited India are Kalpesh Oza as Company Secretary, Santosh Joshi as Ceo, and Shailesh Sivadasan as Cfo. Geeta Goradia, Rajan Chowdhry, Milind Torawane, and Four other members serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40100GJ1998SGC035212
- Company No.
035212
- Company Classification
Public Limited State Government Company
- Incorporation Date
30 Dec 1998
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Gujarat State Energy Generation?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Kalpesh Oza | Company Secretary | 13-Oct-2015 | Current |
Santosh Joshi ![]() | CEO | Current | |
Shailesh Sivadasan | CFO | 23-Feb-2015 | Current |
Board Members (7)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Geeta Goradia ![]() | Director | 30-Mar-2015 | Current |
Rajan Chowdhry ![]() | Nominee Director | 30-Jan-2013 | Current |
Milind Torawane ![]() | Director | 10-Apr-2023 | Current |
Mamata Biswal ![]() | Director | 24-Jul-2017 | Current |
Swaroop Prithvi ![]() | Director | 21-Jul-2022 | Current |
Mani Sharma ![]() | Director | 06-Jul-2018 | Current |
Financial Performance of Gujarat State Energy Generation.
Gujarat State Energy Generation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.33% decrease. The company also saw a substantial fall in profitability, with a 90.52% decrease in profit. The company's net worth dipped by a decrease of 0.18%.


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What is the Ownership and Shareholding Structure of Gujarat State Energy Generation?
In 2023, Gujarat State Energy Generation had a promoter holding of 67.12% and a public holding of 32.88%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Krishco Gramin Vikas Sanstha
Rajan Chowdhry is a mutual person
- Kribhco Agri Business Limited
Mani Sharma is a mutual person
- Kribhco Fertilizers Limited
Rajan Chowdhry is a mutual person
- Gujarat Industrial Investment Corporation Limited
Mamata Biswal is a mutual person
- Gujarat Energy Transmission Corporation Limited
Swaroop Prithvi is a mutual person
- Gujarat Chemical Port Limited
Swaroop Prithvi is a mutual person
Charges (Loans)
₹179.67 Cr
₹2,977.14 Cr
Charges Breakdown by Lending Institutions
- Others : 179.67 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
31 Mar 2011 | Others | ₹179.67 Cr | Open |
30 Mar 2010 | Dena Bank | ₹750.00 Cr | Satisfied |
09 Jan 2009 | Central Bank Of India (For Other 4 Bankers Pl See Annexure-I) | ₹177.47 Cr | Satisfied |
28 Jul 2008 | Dena Bank | ₹200.00 Cr | Satisfied |
29 Mar 2008 | Rural Electrification Corporation Limited | ₹717.24 Cr | Satisfied |
How Many Employees Work at Gujarat State Energy Generation?
Gujarat State Energy Generation has a workforce of 16 employees as of Oct 15, 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 State Energy Generation, 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 State Energy Generation'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.
Latest Updates, News, and FAQs on Gujarat State Energy Generation
Recent activity within the organization
- Annual General Meeting
Gujarat State Energy Generation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 179.67 Cr registered on 31 Mar 2011 with Charge ID 10281646 was modified on 20 Sep 2024.
- Balance Sheet
Gujarat State Energy Generation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Milind Shivaram Torawane was appointed as a Director was appointed as a Director on 10 Apr 2023 & has been associated with this company since 2 years 5 days .
- Director Appointment
Swaroop Sanandam Prithvi was appointed as a Director was appointed as a Director on 21 Jul 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge registered on 30 Mar 2010 via Charge ID 10214469 with Dena Bank was fully satisfied on 10 Feb 2020.
Recent News, Updates & Announcement
- Petronet LNG Joins Forces with IGL and GSPC to Launch LNG Pumps on Delhi-Mumbai Expressway, Expanding Operations to Sri Lanka and Bangladesh.
Petronet LNG, India's biggest natural gas importer, is teaming up with IGL and GSPC to open LNG pumps on the Delhi-Mumbai Expressway. They plan to start with six locations and hope to have the first outlet ready in 10 months. They also have plans for overseas ventures in Sri Lanka and Bangladesh..
Frequently asked questions
What is the Incorporation or founding date of Gujarat State Energy Generation Limited?
Gujarat State Energy Generation Limited was incorporated on 30 Dec 1998.
What is authorized share capital and paid-up capital of Gujarat State Energy Generation Limited?
The authorized share capital of Gujarat State Energy Generation Limited is ₹ 600.00 Cr and paid-up capital is ₹ 568.70 Cr.
Who are the current board members & directors of Gujarat State Energy Generation Limited?
Currently 10 directors are associated with Gujarat State Energy Generation Limited.
- Geeta Amit Goradia
- Rajan Chowdhry
- Milind Shivaram Torawane
- Mamata Biswal
- Swaroop Sanandam Prithvi
- Mani Ram Sharma
- Santosh Keshavdutt Joshi
- Kalpesh Jagdishbhai Oza
- Santosh Keshavdutt Joshi
- Shailesh Sivadasan
What is the registered address of Gujarat State Energy Generation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat State Energy Generation Limited is Building Nos. A/78/3-8 Near Lgate Corporation Gidc Electronic Estate Sector - 25, India, Gandhinagar, Gujarat, 382016.
What is the corporate identification number (CIN) and company number of Gujarat State Energy Generation Limited?
The corporate identification number (CIN) of Gujarat State Energy Generation Limited is U40100GJ1998SGC035212 and the company number is 035212 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gujarat State Energy Generation Limited?
The Official website of Gujarat State Energy Generation Limited is https://www.gspcgroup.com
What has been the recent revenue trend for Gujarat State Energy Generation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat State Energy Generation Limited has fallen by -45.33%.
How many employees does Gujarat State Energy Generation Limited currently have?
As Per 2023 financial reports, 16 employees are currently employed by Gujarat State Energy Generation Limited.
What change has been observed in the net worth of Gujarat State Energy Generation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat State Energy Generation Limited has experienced an downturn of -0.18%.
What are the total open charges for Gujarat State Energy Generation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gujarat State Energy Generation Limited amount to ₹ 179.67 Cr.
When was the last Balance Sheet of Gujarat State Energy Generation Limited filed with the ROC?
The most recent Balance Sheet for Gujarat State Energy Generation Limited was filed with the ROC on 31 Mar 2024.
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