Korba Power Profile
Key Indicators
- Authorised Capital ₹ 6,000.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 24 Year,
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29,925.46 Cr
- Satisfied Charges ₹ 454.00 Cr
- Revenue Growth 1.88%
- Profit Growth -49.66%
- Ebitda -142.63%
- Net Worth -73.46%
- Total Assets -0.61%
About Korba Power
Korba Power Limited (KPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 February 2001 and has a history of 24 years. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Lanco Power Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 6,000.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹29,925.46 Cr. The company has closed loans amounting to ₹454.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Korba Power Limited India are Niharendu Sanyal as CFO and Sikhakolli Rao as Company Secretary. Madhusudan Lagadapati, Vijoy Kumar, Anwar Khan, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U40109TG2001PLC036265
- Company No.
036265
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Feb 2001
- Date of AGM
23 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Korba Power Limited offer?
Korba Power Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Turnkey Solutions, Solar Power Plants, Solar Rooftops, Repair & Maintenance Services, Plant Maintenance Services, Solar Power Systems.
Who are the key members and board of directors at Korba Power?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niharendu Sanyal  | CFO | 24-May-2016 | Current |
| Sikhakolli Rao | Company Secretary | 03-Nov-2014 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhusudan Lagadapati | Director | 03-Oct-2003 | Current |
| Vijoy Kumar | Director | 27-Jul-2015 | Current |
| Anwar Khan | Director | 30-Mar-2015 | Current |
| Venkata Kothapalli | Director | 21-Jan-2015 | Current |
| Liza Arora | Director | Current |
Financial Performance of Korba Power.
Lanco Amarkantak Power Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.88% increase. The company also saw a substantial fall in profitability, with a 49.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Korba Power?
In 2023, Korba Power had a promoter holding of 52.22% and a public holding of 47.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
India Rural Energy And Power Private LimitedVijoy Kumar is a mutual person
Lanco Group Private LimitedMadhusudan Lagadapati is a mutual person
- Lanco Enterprise Private Limited
Madhusudan Lagadapati is a mutual person
- Engenrin Hydro Power Limited
Vijoy Kumar is a mutual person
Infra India Ventures Private LimitedMadhusudan Lagadapati is a mutual person
- Ravi Hydro Electric Private Limited
Madhusudan Lagadapati is a mutual person
Charges (Loans)
₹29,925.46 Cr
₹454.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 11155.14 Cr
- Power Finance Corporation Limited : 9657.60 Cr
- Others : 7993.70 Cr
- Andhra Bank : 450.02 Cr
- Idbi Bank Limited : 385.00 Cr
- Others : 284.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2018 | Others | ₹574.38 Cr | Open |
| 27 Mar 2018 | Others | ₹280.00 Cr | Open |
| 19 Nov 2015 | Andhra Bank | ₹150.02 Cr | Open |
| 03 Nov 2015 | Andhra Bank | ₹100.00 Cr | Open |
| 25 Aug 2015 | Others | ₹3,628.21 Cr | Open |
How Many Employees Work at Korba Power?
Korba Power has a workforce of 491 employees as of Mar 28, 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 Korba Power, 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 Korba Power'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.
