Gujarat State Energy Generation Limited

Gas-based electricity generation company with two power plants in Gujarat.

1998 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: October 23, 2024

Gujarat State Energy Generation Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 568.70 Cr
  • Company Age 26 Year, 1 Month
  • 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 one month. 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

    gspcgroup.com

  • 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

Environment

Who are the key members and board of directors at Gujarat State Energy Generation?

Executive Team (3)

NameDesignationAppointment DateStatus
Kalpesh Oza Company Secretary13-Oct-2015Current
Santosh Joshi Country flag representing In CEOCurrent
Shailesh Sivadasan CFO23-Feb-2015Current

Board Members (7)

NameDesignationAppointment DateStatus
Geeta Goradia Country flag representing In Director 30-Mar-2015Current
Rajan Chowdhry Country flag representing In Nominee Director 30-Jan-2013Current
Milind Torawane Country flag representing In Director 10-Apr-2023Current
Mamata Biswal Country flag representing In Director 24-Jul-2017Current
Swaroop Prithvi Country flag representing In Director 21-Jul-2022Current
Mani Sharma Country flag representing In Director 06-Jul-2018Current

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%.

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
-45.33%
Revenue from Operations
-48.27%
Total Assets
-6.59%
Profit or Loss
-90.52%
Net Worth
-0.18%
EBITDA
-32.85%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹179.67 Cr

Satisfied Charges

₹2,977.14 Cr

Charges Breakdown by Lending Institutions

  • Others : 179.67 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2011Others₹179.67 CrOpen
30 Mar 2010Dena Bank₹750.00 CrSatisfied
09 Jan 2009Central Bank Of India (For Other 4 Bankers Pl See Annexure-I)₹177.47 CrSatisfied
28 Jul 2008Dena Bank₹200.00 CrSatisfied
29 Mar 2008Rural Electrification Corporation Limited₹717.24 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    27 Sep 2024

  • 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.

    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.

    31 Mar 2024

  • 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 1 year 10 months .

    10 Apr 2023

  • 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 7 months .

    21 Jul 2022

  • Charges

    A charge registered on 30 Mar 2010 via Charge ID 10214469 with Dena Bank was fully satisfied on 10 Feb 2020.

    10 Feb 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Gujarat State Energy Generation Limited was incorporated on 30 Dec 1998.

  • The authorized share capital of Gujarat State Energy Generation Limited is ₹ 600.00 Cr and paid-up capital is ₹ 568.70 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Gujarat State Energy Generation Limited is https://www.gspcgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat State Energy Generation Limited has fallen by -45.33%.

  • As Per 2023 financial reports, 16 employees are currently employed by Gujarat State Energy Generation Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gujarat State Energy Generation Limited amount to ₹ 179.67 Cr.

  • The most recent Balance Sheet for Gujarat State Energy Generation Limited was filed with the ROC on 31 Mar 2024.

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