Gulbarga Electricity Supply Company Limited

State-owned electricity distribution company serving six districts in Karnataka with 3.22 million consumers.

2002 | Gulbarga, Karnataka (India) | Active
Last Updated:

Gulbarga Electricity Supply Company Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 1,790.88 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5,752.40 Cr
  • Satisfied Charges ₹ 1,877.83 Cr
  • Revenue Growth 23.85%
  • Profit Growth -2764.60%
  • Ebitda -32.39%
  • Net Worth -28.45%
  • Total Assets 9.78%

About Gulbarga Electricity Supply Company

Gulbarga Electricity Supply Company Limited (GESCL) is a leading Public Limited State Government Company incorporated in India on 30 April 2002 and has a history of 22 years and 11 months. Its registered office is in Gulbarga, Karnataka, 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 2,000.00 Cr and a paid-up capital of Rs 1,790.88 Cr.

The company currently has active open charges totaling ₹5,752.40 Cr. The company has closed loans amounting to ₹1,877.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gulbarga Electricity Supply Company Limited India are Kiran Policepatil as COMPANY SECRETARY and Santosh Hebare as Cfo. Pankaj Pandey, Rajee Jayakumar, Bhanwar Meena, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Gulbarga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U04010KA2002SGC030436

  • Company No.

    030436

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    30 Apr 2002

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power
Company report

Gulbarga Electricity Supply Company Limited

Explore comprehensive data for Gulbarga Electricity Supply Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gulbarga Electricity Supply Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Ravindra Karlingannavar Country flag representing In Managing Director05-Sep-2023Current
Kiran Policepatil Country flag representing In Company Secretary29-Nov-2019Current
Santosh Hebare CFO25-Jul-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Pankaj Pandey Country flag representing In Director 06-Jun-2023Current
Rajee Jayakumar Country flag representing In Director 15-Mar-2024Current
Bhanwar Meena Country flag representing In Director 10-Jul-2023Current
Basavaraju Krishna Country flag representing In Director 22-Aug-2024Current
Shivanna Country flag representing In Director 07-Nov-2022Current
Boganahalli Vijay Country flag representing In Director 15-Jul-2023Current

Financial Performance of Gulbarga Electricity Supply Company.

Gulbarga Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.85% increase. The company also saw a substantial fall in profitability, with a 2764.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.45%.

Gulbarga Electricity Supply Company revenue growth over time
Gulbarga Electricity Supply Company 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
23.85%
Revenue from Operations
25.48%
Total Assets
9.78%
Profit or Loss
-2764.60%
Net Worth
-28.45%
EBITDA
-32.39%

What is the Ownership and Shareholding Structure of Gulbarga Electricity Supply Company?

In 2023, Gulbarga Electricity Supply Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,752.40 Cr

Satisfied Charges

₹1,877.83 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2190.00 Cr
  • Others : 1893.22 Cr
  • Bank Of India : 1000.00 Cr
  • Rural Electrification Corporation Limited : 669.18 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2023State Bank Of India₹990.00 CrOpen
29 Sep 2023Others₹250.00 CrOpen
24 Mar 2023Others₹243.20 CrOpen
14 Sep 2022Others₹400.00 CrOpen
27 Dec 2021State Bank Of India₹300.00 CrOpen

How Many Employees Work at Gulbarga Electricity Supply Company?

Gulbarga Electricity Supply Company has a workforce of 8 employees as of Apr 04, 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.

Employee growth trends for Gulbarga Electricity Supply Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gulbarga Electricity Supply Company, 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 Gulbarga Electricity Supply Company'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 Gulbarga Electricity Supply Company

Recent activity within the organization

  • Director Appointment

    Basavaraju Gopal Krishna was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 7 months 22 days .

  • Director Appointment

    Balaram Krishanappa was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 7 months 22 days .

  • Director Appointment

    Nakenkada Ramaswamy Maraswamy Nagarajan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Aug 2024 & has been associated with this company since 7 months 23 days .

  • Director Appointment

    Santosh Hebare was appointed as a Cfo was appointed as a Cfo on 25 Jul 2024 & has been associated with this company since 8 months 19 days .

  • Charges

    A charge registered on 03 Jun 2009 via Charge ID 10163921 with Rural Electrification Corporation Limited was fully satisfied on 21 Jun 2024.

  • Charges

    A charge registered on 30 Jun 2008 via Charge ID 10167160 with Rural Electrification Corporation Limited was fully satisfied on 21 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Gulbarga Electricity Supply Company Limited?

    Gulbarga Electricity Supply Company Limited was incorporated on 30 Apr 2002.

  • What is authorized share capital and paid-up capital of Gulbarga Electricity Supply Company Limited?

    The authorized share capital of Gulbarga Electricity Supply Company Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 1,790.88 Cr.

  • Who are the current board members & directors of Gulbarga Electricity Supply Company Limited?

    Currently 12 directors are associated with Gulbarga Electricity Supply Company Limited.

    • Pankaj Kumar Pandey
    • Rajee Jayakumar
    • Bhanwar Singh Meena
    • Basavaraju Gopal Krishna
    • Shivanna
    • Boganahalli Prakash Vijay
    • Sunkadakal Padmavathi
    • Ravindra Ningappa Karlingannavar
    • Balaram Krishanappa
    • Nakenkada Ramaswamy Maraswamy Nagarajan
    • Kiran Prakashgoud Policepatil
    • Santosh Hebare

  • What is the registered address of Gulbarga Electricity Supply Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gulbarga Electricity Supply Company Limited is Main Road India, Gulbarga, Karnataka, 585102.

  • What is the corporate identification number (CIN) and company number of Gulbarga Electricity Supply Company Limited?

    The corporate identification number (CIN) of Gulbarga Electricity Supply Company Limited is U04010KA2002SGC030436 and the company number is 030436 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gulbarga Electricity Supply Company Limited?

    The Official website of Gulbarga Electricity Supply Company Limited is https://www.gescom.karnataka.gov.in

  • What has been the recent revenue trend for Gulbarga Electricity Supply Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gulbarga Electricity Supply Company Limited has risen by 23.85%.

  • How many employees does Gulbarga Electricity Supply Company Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Gulbarga Electricity Supply Company Limited.

  • What change has been observed in the net worth of Gulbarga Electricity Supply Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gulbarga Electricity Supply Company Limited has experienced an downturn of -28.45%.

  • What are the total open charges for Gulbarga Electricity Supply Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gulbarga Electricity Supply Company Limited amount to ₹ 5,752.40 Cr.

  • When was the last Balance Sheet of Gulbarga Electricity Supply Company Limited filed with the ROC?

    The most recent Balance Sheet for Gulbarga Electricity Supply Company Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Power Transmission & Distribution Services