Gujarat Urja Vikas Nigam Profile
Key Indicators
- Authorised Capital ₹ 45,000.00 Cr
as on 01-07-2024
- Paid Up Capital ₹ 38,332.79 Cr
as on 01-07-2024
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,252.95 Cr
as on 01-07-2024
- Revenue 27.78%
(FY 2022)
- Profit -31.96%
(FY 2022)
- Ebitda -181.09%
(FY 2022)
- Net Worth 13.63%
(FY 2022)
- Total Assets 16.31%
(FY 2022)
About Gujarat Urja Vikas Nigam
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 45,000.00 Cr and a paid-up capital of Rs 38,332.79 Cr.
The company currently has active open charges totaling ₹3,252.95 Cr.
The Key Managerial Personnel (KMP) at Gujarat Urja Vikas Nigam Limited India are Parthiv Bhatt as COMPANY SECRETARY and Sailaja Vachhrajani as Cfo. Mamta Verma, Kamlesh Jangid, Jai Shivahare, and Five other members serve as directors at the Company.
- CIN/LLPIN
U40109GJ2004SGC045195
- Company No.
045195
- Company Classification
Public Limited State Government Company
- Incorporation Date
22 Dec 2004
- Date of AGM
28 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Gujarat Urja Vikas Nigam?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jai Shivahare  | Managing Director | 25-Feb-2022 | Current |
| Parthiv Bhatt | Company Secretary | 04-May-2006 | Current |
| Sailaja Vachhrajani | CFO | 24-Feb-2024 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mamta Verma | Nominee Director | 16-Jun-2021 | Current |
| Kamlesh Jangid | Whole-Time Director | 06-Feb-2023 | Current |
| Tejas Parmar | Whole-Time Director | 08-Aug-2023 | Current |
| Rajat Moona | Director | 03-Feb-2024 | Current |
| Herin Kothari | Whole-Time Director | 17-Jun-2021 | Current |
| Sobhesh Agarwalla | Director | 03-Feb-2024 | Current |
Financial Performance and Corporate Structure Insights of Gujarat Urja Vikas Nigam.
Gujarat Urja Vikas Nigam Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.78% increase. The company also saw a substantial fall in profitability, with a 31.96% decrease in profit. The company's net worth Soared by an impressive increase of 13.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Gujarat Urja Vikas Nigam?
In 2022, Gujarat Urja Vikas Nigam had a promoter holding of 100.00%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Uttar Gujarat Vij Company LimitedActive 21 years 3 monthsKamlesh Jangid and Jai Shivahare are mutual person
Paschim Gujarat Vij Company LimitedActive 21 years 3 monthsKamlesh Jangid, Jai Shivahare and 2 more are mutual person
Madhya Gujarat Vij Company LimitedActive 21 years 3 monthsKamlesh Jangid, Jai Shivahare and 1 more are mutual person
Gujarat State Electricity Corporation LimitedActive 31 years 4 monthsKamlesh Jangid and Jai Shivahare are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 08 Jan 2007 | ₹3,252.95 Cr | Open |
How Many Employees Work at Gujarat Urja Vikas Nigam?
Gujarat Urja Vikas Nigam has a workforce of 1728 employees as of Mar 30, 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 Urja Vikas Nigam, 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 Urja Vikas Nigam'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.
