Gujarat State Petroleum Corporation Profile
Key Indicators
- Authorised Capital ₹ 1,200.00 Cr
- Paid Up Capital ₹ 1,075.65 Cr
- Company Age 46 Year, 24 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 26,483.43 Cr
- Revenue Growth -10.16%
- Profit Growth 101.64%
- Ebitda -28.47%
- Net Worth 71.63%
- Total Assets -3.59%
About Gujarat State Petroleum Corporation
Gujarat State Petroleum Corporation Limited (GSPCL) is a leading Public Limited State Government Company incorporated in India on 29 January 1979 and has a history of 46 years. Its registered office is in Gandhi Nagar, Gujarat, India.
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 2024. 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 has closed loans amounting to ₹26,483.43 Cr, and has no open charges 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, Thiruvenkadam Natarajan, and Seven 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
U23209GJ1979SGC003281
- Company No.
003281
- Company Classification
Public Limited State Government Company
- Incorporation Date
29 Jan 1979
- 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 Petroleum Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milind Torawane  | Managing Director | 01-Apr-2023 | Current |
| Reena Desai | Company Secretary | 27-Feb-2020 | Current |
| Rajesh Sivadasan | CFO | 10-Nov-2017 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pankaj Joshi | Additional Director | 25-Nov-2024 | Current |
| Ravindra Dholakia | Director | 02-Mar-2015 | Current |
| Raj Kumar | Director | 20-Jul-2022 | Current |
| Thiruvenkadam Natarajan | Director | 10-Sep-2024 | Current |
| Narasimhan Ravichandran | Director | 21-Dec-2009 | Current |
| Manmohan Srivastava | Director | 18-Oct-2012 | Current |
Financial Performance 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
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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 LimitedRaj Kumar and Thiruvenkadam Natarajan are mutual person
Gujarat Urja Vikas Nigam LimitedSyed Haider is a mutual person
Gujarat State Electricity Corporation LimitedSyed Haider is a mutual person
Gujarat Power Corporation LimitedSyed Haider is a mutual person
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Gujarat Metro Rail Corporation (Gmrc) LimitedThiruvenkadam Natarajan is a mutual person
Gujarat Energy Transmission Corporation LimitedSyed Haider is a mutual person
Charges (Loans)
₹0
₹26,483.43 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 15615.12 Cr
- State Bank Of India : 6555.00 Cr
- State Bank Of India As Security Trustee Representing Six Beneficiary Lenders-As Per Annexure-E : 1380.76 Cr
- Icici Bank Limited : 865.00 Cr
- Export Import Bank Of India : 624.46 Cr
- Others : 1443.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2021 | Hdfc Bank Limited | ₹589.00 Cr | Satisfied |
| 07 Jan 2021 | Sbicap Trustee Company Limited | ₹764.78 Cr | Satisfied |
| 19 Jun 2020 | Sbicap Trustee Company Limited | ₹450.00 Cr | Satisfied |
| 13 Aug 2019 | Sbicap Trustee Company Limited | ₹1,050.00 Cr | Satisfied |
| 09 Oct 2018 | Others | ₹79.09 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.
