Gujarat State Petronet Limited

Connects natural gas sources and users in Gujarat through pipeline network, also sells electricity.

1998 | Gandhinagar, Gujarat (India) | Active
Last Updated: October 10, 2024

Gujarat State Petronet Profile

Key Indicators

  • Authorised Capital ₹ 700.00 Cr
  • Paid Up Capital ₹ 564.21 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2,821.02 Cr
  • Revenue Growth -9.15%
  • Profit Growth -6.42%
  • Ebitda -9.94%
  • Net Worth 9.83%
  • Total Assets 8.01%

About Gujarat State Petronet

Gujarat State Petronet Limited (GSPL) is a leading Public Limited State Government Company incorporated in India on 23 December 1998 and has a history of 26 years and two months. Its registered office is in Gandhinagar, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532702 and on the National Stock Exchange(NSE) under GSPL.

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 2023. It's a company limited by shares with an authorized capital of Rs 700.00 Cr and a paid-up capital of Rs 564.21 Cr.

The company has closed loans amounting to ₹2,821.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat State Petronet Limited India are Ajith Varma as CFO and Rajeshwari Sharma as Company Secretary. Bakul Dholakia, Raj Kumar, Tapan Ray, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Gandhinagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gspcgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40200GJ1998SGC035188

  • Company No.

    035188

  • Stock Symbol

    BSE : 532702 NSE : GSPL

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    23 Dec 1998

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Energy and Power

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

Executive Team (4)

NameDesignationAppointment DateStatus
Raj Kumar Country flag representing In Managing Director27-Jul-2022Current
Milind Torawane Country flag representing In Managing Director10-Apr-2023Current
Ajith Varma Country flag representing In CFO08-Feb-2019Current
Rajeshwari Sharma Country flag representing In Company Secretary20-Feb-2020Current

Board Members (8)

NameDesignationAppointment DateStatus
Sudhir Jain Country flag representing In Director 23-Oct-2015Current
Bakul Dholakia Country flag representing In Director 25-Sep-2014Current
Tapan Ray Country flag representing In Director 31-Jan-2007Current
Manmohan Srivastava Country flag representing In Director 11-Jun-2008Current
Bhadresh Mehta Country flag representing In Director 23-Oct-2015Current
Arti Kanwar Country flag representing In Director 11-Aug-2023Current

Financial Performance of Gujarat State Petronet.

Gujarat State Petronet Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.15% decrease. The company also saw a slight decrease in profitability, with a 6.42% decrease in profit. The company's net worth moved up by a moderate rise of 9.83%.

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
-9.15%
Revenue from Operations
-12.78%
Total Assets
8.01%
Profit or Loss
-6.42%
Net Worth
9.83%
EBITDA
-9.94%

What is the Ownership and Shareholding Structure of Gujarat State Petronet?

In 2022, Gujarat State Petronet had a promoter holding of 37.63% and a public holding of 62.37%. The company had 3 Subsidiaries and 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

₹0

Satisfied Charges

₹2,821.02 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 710.00 Cr
  • Idfc Limited : 400.00 Cr
  • International Finance Corporation Limited : 337.50 Cr
  • Others : 250.00 Cr
  • State Bank Of India : 229.00 Cr
  • Others : 894.52 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2021Hdfc Bank Limited₹350.00 CrSatisfied
31 Aug 2019Others₹250.00 CrSatisfied
24 Feb 2015State Bank Of India₹175.00 CrSatisfied
03 Feb 2015Hdfc Bank Limited₹150.00 CrSatisfied
23 Oct 2012Idfc Limited₹350.00 CrSatisfied

How Many Employees Work at Gujarat State Petronet?

Gujarat State Petronet has a workforce of 255 employees as of Oct 10, 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 Petronet, 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 Petronet'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 Petronet

Recent activity within the organization

  • Director Appointment

    Vanaja Narayanan Sarna was appointed as a Additional Director was appointed as a Additional Director on 06 Aug 2024 & has been associated with this company since 6 months 16 days .

    06 Aug 2024

  • Charges

    A charge registered on 23 Feb 2021 via Charge ID 100426456 with Hdfc Bank Limited was fully satisfied on 19 Jul 2024.

    19 Jul 2024

  • Annual General Meeting

    Gujarat State Petronet Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

    14 Sep 2023

  • Director Appointment

    Arti Kanwar was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

    11 Aug 2023

  • Director Appointment

    Milind Shivaram Torawane was appointed as a Managing Director was appointed as a Managing Director on 10 Apr 2023 & has been associated with this company since 1 year 10 months .

    10 Apr 2023

  • Balance Sheet

    Gujarat State Petronet Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Gujarat State Petronet Limited was incorporated on 23 Dec 1998.

  • The authorized share capital of Gujarat State Petronet Limited is ₹ 700.00 Cr and paid-up capital is ₹ 564.21 Cr.

  • Currently 12 directors are associated with Gujarat State Petronet Limited.

    • Bakul Harshadrai Dholakia
    • Raj Kumar
    • Tapan Ray
    • Manmohan Srivastava
    • Bhadresh Vinaychandra Mehta
    • Arti Kanwar
    • Milind Shivaram Torawane
    • Sudhir Kumar Jain
    • Yogesh Singh
    • Vanaja Narayanan Sarna
    • Ajith Kumar Thekkumcore Raja Raja Varma
    • Rajeshwari Alok Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat State Petronet Limited is Gspc Bhavan Behind Udyog Bhavan, Sector-11, Gandhinagar, Gujarat, India, 382011.

  • The corporate identification number (CIN) of Gujarat State Petronet Limited is L40200GJ1998SGC035188 and the company number is 035188 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gujarat State Petronet Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GSPL.

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat State Petronet Limited has fallen by -9.15%.

  • As Per 2023 financial reports, 255 employees are currently employed by Gujarat State Petronet Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat State Petronet Limited has experienced an upsurge of 9.83%.

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

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