Himachal Pradesh State Electricity Board Limited

Power generation, distribution, trading, and transmission in Himachal Pradesh.

2009 | Shimla, Himachal Pradesh (India) | Active
Last Updated:

Himachal Pradesh State Electricity Board Profile

Key Indicators

  • Authorised Capital ₹ 1,100.00 Cr
  • Paid Up Capital ₹ 882.23 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7,741.54 Cr
  • Satisfied Charges ₹ 5,680.36 Cr
  • Revenue Growth 13.95%
  • Profit Growth -1285.60%
  • Ebitda -504.35%
  • Net Worth -143.66%
  • Total Assets 0.41%

About Himachal Pradesh State Electricity Board

Himachal Pradesh State Electricity Board Limited (HPSEBL) is a leading Public Limited State Government Company incorporated in India on 03 December 2009 and has a history of 15 years and two months. Its registered office is in Shimla, Himachal Pradesh, 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 1,100.00 Cr and a paid-up capital of Rs 882.23 Cr.

The company currently has active open charges totaling ₹7,741.54 Cr. The company has closed loans amounting to ₹5,680.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Himachal Pradesh State Electricity Board Limited India are Arvind Sharma as COMPANY SECRETARY and Kapil Kumar as Ceo. Sanjay Gupta, Rakesh Kanwar, Rohit Jamwal, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hpseb.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U40109HP2009SGC031255

  • Company No.

    031255

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    03 Dec 2009

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Energy and Power

What products or services does Himachal Pradesh State Electricity Board Limited offer?

Himachal Pradesh State Electricity Board Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Accounting & Billing Software.

Who are the key members and board of directors at Himachal Pradesh State Electricity Board?

Executive Team (3)

NameDesignationAppointment DateStatus
Sandeep Kumar Country flag representing In Managing Director04-Sep-2024Current
Arvind Sharma Company Secretary06-Jun-2018Current
Kapil Kumar CEO26-Mar-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
Rohit Jamwal Country flag representing In Nominee Director 01-Jan-2022Current
Sanjay Gupta Country flag representing In Nominee Director 16-Feb-2024Current
Rakesh Kanwar Country flag representing In Nominee Director 04-Oct-2024Current
Arindam Chaudhary Country flag representing In Nominee Director 08-May-2024Current
Manoj Upreti Country flag representing In Whole-Time Director 07-Sep-2021Current
Rajeev Sood Country flag representing In Director 24-Aug-2023Current

Financial Performance of Himachal Pradesh State Electricity Board.

Himachal Pradesh State Electricity Board Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.95% increase. The company also saw a substantial fall in profitability, with a 1285.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 143.66%.

Himachal Pradesh State Electricity Board revenue growth over time
Himachal Pradesh State Electricity Board 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
13.95%
Revenue from Operations
12.32%
Total Assets
0.41%
Profit or Loss
-1285.60%
Net Worth
-143.66%
EBITDA
-504.35%

What is the Ownership and Shareholding Structure of Himachal Pradesh State Electricity Board?

In 2023, Himachal Pradesh State Electricity Board had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7,741.54 Cr

Satisfied Charges

₹5,680.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 4673.44 Cr
  • Rural Electrification Corporation Limited : 1948.36 Cr
  • Power Finance Corporation Limited : 657.04 Cr
  • State Bank Of India : 462.70 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2024Others₹3.33 CrOpen
09 May 2024Others₹200.00 CrOpen
30 Mar 2024Others₹200.00 CrOpen
26 Mar 2024Others₹148.70 CrOpen
09 Jan 2024State Bank Of India₹300.00 CrOpen

How Many Employees Work at Himachal Pradesh State Electricity Board?

Unlock and access historical data on people associated with Himachal Pradesh State Electricity Board, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Himachal Pradesh State Electricity Board Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Himachal Pradesh State Electricity Board, 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 Himachal Pradesh State Electricity Board'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 Himachal Pradesh State Electricity Board

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 82.50 Cr registered on 19 Jul 2018 with Charge ID 100193595 was modified on 14 Oct 2024.

  • Director Appointment

    Rakesh Kanwar was appointed as a Nominee Director was appointed as a Nominee Director on 04 Oct 2024 & has been associated with this company since 4 months 28 days .

  • Director Appointment

    Sandeep Kumar was appointed as a Managing Director was appointed as a Managing Director on 04 Sep 2024 & has been associated with this company since 5 months 27 days .

  • Charges

    A charge with State Bank Of India of Rs. 300.00 Cr registered on 09 Jan 2024 with Charge ID 100853402 was modified on 14 Aug 2024.

  • Charges

    A charge with Others of Rs. 250.00 Cr registered on 29 Dec 2018 with Charge ID 100230461 was modified on 08 Aug 2024.

  • Director Appointment

    Madan Gopal Sharma was appointed as a Director was appointed as a Director on 05 Jun 2024 & has been associated with this company since 8 months 26 days .

Frequently asked questions

  • What is the Incorporation or founding date of Himachal Pradesh State Electricity Board Limited?

    Himachal Pradesh State Electricity Board Limited was incorporated on 03 Dec 2009.

  • What is authorized share capital and paid-up capital of Himachal Pradesh State Electricity Board Limited?

    The authorized share capital of Himachal Pradesh State Electricity Board Limited is ₹ 1,100.00 Cr and paid-up capital is ₹ 882.23 Cr.

  • Who are the current board members & directors of Himachal Pradesh State Electricity Board Limited?

    Currently 12 directors are associated with Himachal Pradesh State Electricity Board Limited.

    • Sanjay Gupta
    • Rakesh Kanwar
    • Rohit Jamwal
    • Sandeep Kumar
    • Arindam Chaudhary
    • Manoj Kumar Upreti
    • Rajeev Sood
    • Maninderjeet Kaur
    • Anurag Chander Sharma
    • Madan Gopal Sharma
    • Arvind Sharma
    • Kapil Kumar

  • What is the registered address of Himachal Pradesh State Electricity Board Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Himachal Pradesh State Electricity Board Limited is Vidyut Bhawan Hpseb, - India, Shimla, Himachal Pradesh, 171004.

  • What is the corporate identification number (CIN) and company number of Himachal Pradesh State Electricity Board Limited?

    The corporate identification number (CIN) of Himachal Pradesh State Electricity Board Limited is U40109HP2009SGC031255 and the company number is 031255 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Himachal Pradesh State Electricity Board Limited?

    The Official website of Himachal Pradesh State Electricity Board Limited is https://www.hpseb.in

  • What has been the recent revenue trend for Himachal Pradesh State Electricity Board Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Himachal Pradesh State Electricity Board Limited has risen by 13.95%.

  • What change has been observed in the net worth of Himachal Pradesh State Electricity Board Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Himachal Pradesh State Electricity Board Limited has experienced an downturn of -143.66%.

  • What are the total open charges for Himachal Pradesh State Electricity Board Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Himachal Pradesh State Electricity Board Limited amount to ₹ 7,741.54 Cr.

  • When was the last Balance Sheet of Himachal Pradesh State Electricity Board Limited filed with the ROC?

    The most recent Balance Sheet for Himachal Pradesh State Electricity Board Limited was filed with the ROC on 31 Mar 2023.

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