Gujarat Urja Vikas Nigam Limited

This company generates and distributes electricity through various power projects and purchases/sells electricity.

2004 | Vadodara, Gujarat (India) | Active
Last Updated: December 20, 2024

Gujarat Urja Vikas Nigam Profile

Key Indicators

  • Authorised Capital ₹ 45,000.00 Cr
  • Paid Up Capital ₹ 38,332.79 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,252.95 Cr
  • Revenue Growth 27.78%
  • Profit Growth -31.96%
  • Ebitda -181.09%
  • Net Worth 13.63%
  • Total Assets 16.31%

About Gujarat Urja Vikas Nigam

Gujarat Urja Vikas Nigam Limited (GUVNL) is a leading Public Limited State Government Company incorporated in India on 22 December 2004 and has a history of 20 years and two months. Its registered office is in Vadodara, Gujarat, India.

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 Sourav Nandy as Cfo. Syed Haider, Kamlesh Jangid, Jai Shivahare, and Five other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    guvnl.com

  • Social Media

Corporate Identity Details

  • 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

Energy and Power

Who are the key members and board of directors at Gujarat Urja Vikas Nigam?

Executive Team (3)

NameDesignationAppointment DateStatus
Jai Shivahare Country flag representing In Managing Director25-Feb-2022Current
Parthiv Bhatt Company Secretary04-May-2006Current
Sourav Nandy CFO25-Sep-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Syed Haider Country flag representing In Nominee Director 12-Aug-2024Current
Kamlesh Jangid Country flag representing In Whole-Time Director 06-Feb-2023Current
Shreyas Jayasimha Country flag representing In Director 16-Jan-2024Current
Shweta Teotia Country flag representing In Whole-Time Director 12-Aug-2024Current
Krishna Nirala Country flag representing In Nominee Director 20-Sep-2024Current
Rajat Moona Country flag representing In Director 16-Jan-2024Current

Financial Performance 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%.

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
27.78%
Revenue from Operations
27.38%
Total Assets
16.31%
Profit or Loss
-31.96%
Net Worth
13.63%
EBITDA
-181.09%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,252.95 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3252.95 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2007Others₹3,252.95 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Urja Vikas Nigam

Recent activity within the organization

  • Director Appointment

    Sourav Nandy was appointed as a Cfo was appointed as a Cfo on 25 Sep 2024 & has been associated with this company since 4 months 28 days .

    25 Sep 2024

  • Director Appointment

    Krishna Kumar Nirala was appointed as a Nominee Director was appointed as a Nominee Director on 20 Sep 2024 & has been associated with this company since 5 months 2 days .

    20 Sep 2024

  • Director Appointment

    Syed Jawaid Haider was appointed as a Nominee Director was appointed as a Nominee Director on 12 Aug 2024 & has been associated with this company since 6 months 11 days .

    12 Aug 2024

  • Director Appointment

    Shweta Teotia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Aug 2024 & has been associated with this company since 6 months 11 days .

    12 Aug 2024

  • Director Appointment

    Shreyas Jayasimha was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 1 year 1 month .

    16 Jan 2024

  • Annual General Meeting

    Gujarat Urja Vikas Nigam Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.

    28 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Gujarat Urja Vikas Nigam Limited was incorporated on 22 Dec 2004.

  • The authorized share capital of Gujarat Urja Vikas Nigam Limited is ₹ 45,000.00 Cr and paid-up capital is ₹ 38,332.79 Cr.

  • Currently 10 directors are associated with Gujarat Urja Vikas Nigam Limited.

    • Syed Jawaid Haider
    • Kamlesh Kumar Jangid
    • Jai Prakash Shivahare
    • Shreyas Jayasimha
    • Shweta Teotia
    • Krishna Kumar Nirala
    • Rajat Moona
    • Sobhesh Kumar Agarwalla
    • Parthiv Kapilray Bhatt
    • Sourav Nandy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Urja Vikas Nigam Limited is Sardar Patel Vidyut Bhavan Race Corse India, Vadodara, Gujarat, 390007.

  • The corporate identification number (CIN) of Gujarat Urja Vikas Nigam Limited is U40109GJ2004SGC045195 and the company number is 045195 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat Urja Vikas Nigam Limited is https://www.guvnl.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gujarat Urja Vikas Nigam Limited has risen by 27.78%.

  • As Per 2022 financial reports, 1728 employees are currently employed by Gujarat Urja Vikas Nigam Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gujarat Urja Vikas Nigam Limited has experienced an upsurge of 13.63%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gujarat Urja Vikas Nigam Limited amount to ₹ 3,252.95 Cr.

  • The most recent Balance Sheet for Gujarat Urja Vikas Nigam Limited was filed with the ROC on 31 Mar 2023.

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