Gujarat State Petroleum Corporation Profile
Key Indicators
- Authorised Capital ₹ 1,200.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 1,075.65 Cr
as on 05-07-2024
- Company Age 45 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.00 Cr
as on 05-07-2024
- Satisfied Charges ₹ 26,033.43 Cr
as on 05-07-2024
- Revenue -10.16%
(FY 2021)
- Profit 101.64%
(FY 2021)
- Ebitda -28.47%
(FY 2021)
- Net Worth 71.63%
(FY 2021)
- Total Assets -3.59%
(FY 2021)
About Gujarat State Petroleum Corporation
The Corporate was formerly known as Gujarat State Petrochemicals Corporation Limited. 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 1,200.00 Cr and a paid-up capital of Rs 1,075.65 Cr.
The company currently has active open charges totaling ₹450.00 Cr. The company has closed loans amounting to ₹26,033.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gujarat State Petroleum Corporation Limited India are Reena Desai as COMPANY SECRETARY and Rajesh Sivadasan as Cfo. Ravindra Dholakia, Raj Kumar, Kuniyil Ias, and Seven other members serve as directors at the Company.
- CIN/LLPIN
U23209GJ1979SGC003281
- Company No.
003281
- Company Classification
Public Limited State Government Company
- Incorporation Date
29 Jan 1979
- Date of AGM
16 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Gandhinagar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Gujarat State Petroleum Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milind Torawane  | Managing Director | 13-Sep-2021 | Current |
| Reena Desai | Company Secretary | 27-Feb-2020 | Current |
| Rajesh Sivadasan | CFO | 10-Nov-2017 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Dholakia | Director | 02-Mar-2015 | Current |
| Raj Kumar | Director | 20-Jul-2022 | Current |
| Kuniyil Ias | Nominee Director | 31-Aug-2006 | Current |
| Mamta Verma | Director | 29-Apr-2023 | Current |
| Jagdish Gupta | Director | 25-Nov-2021 | Current |
| Narasimhan Ravichandran | Director | 21-Dec-2009 | Current |
Financial Performance and Corporate Structure Insights of Gujarat State Petroleum Corporation.
Gujarat State Petroleum Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.16% decrease. The company also saw a substantial improvement in profitability, with a 101.64% increase in profit. The company's net worth Soared by an impressive increase of 71.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gujarat State Petroleum Corporation?
In 2022, Gujarat State Petroleum Corporation had a promoter holding of 32.44% and a public holding of 67.56%. The company had 8 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sardar Sarovar Narmada Nigam LimitedActive 36 years 8 monthsRaj Kumar, Kuniyil Ias and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 19 Jun 2020 | ₹450.00 Cr | Open |
Hdfc Bank Limited Creation Date: 10 Dec 2021 | ₹589.00 Cr | Satisfied |
Sbicap Trustee Company Limited Creation Date: 07 Jan 2021 | ₹764.78 Cr | Satisfied |
How Many Employees Work at Gujarat State Petroleum Corporation?
Gujarat State Petroleum Corporation has a workforce of 168 employees as of Apr 06, 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 Petroleum 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 State Petroleum 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.
