Hubli Electricity Supply Company Profile
Key Indicators
- Authorised Capital ₹ 5,500.00 Cr
- Paid Up Capital ₹ 2,251.40 Cr
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12,958.62 Cr
- Satisfied Charges ₹ 6,110.08 Cr
- Revenue Growth 23.21%
- Profit Growth 35.36%
- Ebitda 280.88%
- Net Worth -36.69%
- Total Assets 13.51%
About Hubli Electricity Supply Company
Hubli Electricity Supply Company Limited (HESCL) 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 Dharwad, 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 5,500.00 Cr and a paid-up capital of Rs 2,251.40 Cr.
The company currently has active open charges totaling ₹12,958.62 Cr. The company has closed loans amounting to ₹6,110.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hubli Electricity Supply Company Limited India are Prakash Patil as CFO and Raghavendra Kotemane as Company Secretary. Vishal Ravi, Gauravgupta, Prakash Patil, and Six other members serve as directors at the Company.
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U31401KA2002SGC030437
- Company No.
030437
- Company Classification
Public Limited State Government Company
- Incorporation Date
30 Apr 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
Hubli Electricity Supply Company Limited
Explore comprehensive data for Hubli Electricity Supply Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hubli Electricity Supply Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjinakoppa Vyshali | Managing Director | 08-Aug-2024 | Current |
Prakash Patil  | CFO | 22-Jul-2022 | Current |
| Raghavendra Kotemane | Company Secretary | 16-Dec-2020 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Ravi | Director | 01-Sep-2023 | Current |
| Gauravgupta | Director | 05-Jun-2023 | Current |
| Prakash Patil | Director and Cfo | 22-Jul-2022 | Current |
| Shivanna | Director | 07-Nov-2022 | Current |
| Balaram Krishanappa | Director | 01-Aug-2024 | Current |
| Sagadageri Prashantkumar | Director | 02-Sep-2024 | Current |
Financial Performance of Hubli Electricity Supply Company.
Hubli Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.21% increase. The company also saw a substantial improvement in profitability, with a 35.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hubli Electricity Supply Company?
In 2023, Hubli 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.
Related Corporates (Common Directorship)
The Mysore Electrical Industries LimitedGauravgupta is a mutual person
Power Company Of Karnataka LimitedGauravgupta is a mutual person
Mangalore Electricity Supply Company LimitedShivanna, Balaram Krishanappa and 2 more are mutual person
Karnataka Vidyuth Karkhane LimitedManjinakoppa Vyshali and Sagadageri Prashantkumar are mutual person
Karnataka Renewable Energy Development LimitedGauravgupta and Sagadageri Prashantkumar are mutual person
Karnataka Power Transmission Corporation LimitedGauravgupta, Shivanna and 2 more are mutual person
Charges (Loans)
Open Charges
₹12,958.62 Cr
Satisfied Charges
₹6,110.08 Cr
Charges Breakdown by Lending Institutions
- Others : 5782.86 Cr
- State Bank Of India : 2450.00 Cr
- Canara Bank : 2000.00 Cr
- Rural Electrification Corporation Limited : 1656.17 Cr
- Bank Of India : 1000.00 Cr
- Others : 69.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Others | ₹500.00 Cr | Open |
| 13 Mar 2024 | Canara Bank | ₹600.00 Cr | Open |
| 10 Oct 2023 | Others | ₹928.92 Cr | Open |
| 05 Jul 2023 | Others | ₹400.00 Cr | Open |
| 04 Mar 2023 | Others | ₹108.54 Cr | Open |
How Many Employees Work at Hubli Electricity Supply Company?
Hubli Electricity Supply Company has a workforce of 5 employees as of Apr 08, 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 Hubli 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 Hubli Electricity Supply Company'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.
Latest Updates, News, and FAQs on Hubli Electricity Supply Company
Recent activity within the organization
- Director Appointment
Shimoga Achyuthamurthy Pushpa was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 5 months 28 days .
- Director Appointment
Sagadageri Beeranna Prashantkumar was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 7 months 11 days .
- Director Appointment
Jagadeesh Savalagi was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 7 months 11 days .
- Charges
A charge with State Bank Of India of Rs. 1,950.00 Cr registered on 04 Oct 2004 with Charge ID 80013837 was modified on 30 Aug 2024.
- Director Appointment
Manjinakoppa Laxmana Vyshali was appointed as a Managing Director was appointed as a Managing Director on 08 Aug 2024 & has been associated with this company since 8 months 5 days .
- Director Appointment
Balaram Krishanappa was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 8 months 12 days .
Frequently asked questions
What is the Incorporation or founding date of Hubli Electricity Supply Company Limited?
Hubli Electricity Supply Company Limited was incorporated on 30 Apr 2002.
What is authorized share capital and paid-up capital of Hubli Electricity Supply Company Limited?
The authorized share capital of Hubli Electricity Supply Company Limited is ₹ 5,500.00 Cr and paid-up capital is ₹ 2,251.40 Cr.
Who are the current board members & directors of Hubli Electricity Supply Company Limited?
Currently 11 directors are associated with Hubli Electricity Supply Company Limited.
- Vishal Ravi
- Gauravgupta
- Prakash Patil
- Shivanna
- Balaram Krishanappa
- Manjinakoppa Laxmana Vyshali
- Sagadageri Beeranna Prashantkumar
- Jagadeesh Savalagi
- Shimoga Achyuthamurthy Pushpa
- Prakash Patil
- Raghavendra Ramanath Kotemane
What is the registered address of Hubli Electricity Supply Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hubli Electricity Supply Company Limited is Navanagar, Pb Road India, Hubli, Karnataka, 580025.
What is the corporate identification number (CIN) and company number of Hubli Electricity Supply Company Limited?
The corporate identification number (CIN) of Hubli Electricity Supply Company Limited is U31401KA2002SGC030437 and the company number is 030437 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hubli Electricity Supply Company Limited?
The Official website of Hubli Electricity Supply Company Limited is https://www.hescom.karnataka.gov.in
What has been the recent revenue trend for Hubli Electricity Supply Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hubli Electricity Supply Company Limited has risen by 23.21%.
How many employees does Hubli Electricity Supply Company Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Hubli Electricity Supply Company Limited.
What change has been observed in the net worth of Hubli Electricity Supply Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hubli Electricity Supply Company Limited has experienced an downturn of -36.69%.
What are the total open charges for Hubli Electricity Supply Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hubli Electricity Supply Company Limited amount to ₹ 12,958.62 Cr.
When was the last Balance Sheet of Hubli Electricity Supply Company Limited filed with the ROC?
The most recent Balance Sheet for Hubli Electricity Supply Company Limited was filed with the ROC on 31 Mar 2023.
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