Madhya Pradesh State Electronics Development Corporation Ltd

State agency promoting IT and e-Governance, attracting investments and generating business opportunities in Madhya Pradesh.

1983 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: January 05, 2025

Madhya Pradesh State Electronics Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 75.00 Cr
  • Company Age 41 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.06 Cr
  • Revenue Growth 7.03%
  • Profit Growth -59.27%
  • Ebitda -1623.01%
  • Net Worth 26.00%
  • Total Assets 37.40%

About Madhya Pradesh State Electronics Development Corporation

Madhya Pradesh State Electronics Development Corporation Ltd (MPSEDCL) is a leading Private Limited State Government Company incorporated in India on 18 November 1983 and has a history of 41 years and three months. Its registered office is in Bhopal, Madhya Pradesh, India.

The Company is engaged in the Information Technology 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 75.00 Cr and a paid-up capital of Rs 75.00 Cr.

The company currently has active open charges totaling ₹7.06 Cr.

The Key Managerial Personnel (KMP) at Madhya Pradesh State Electronics Development Corporation Ltd India is Mansi Lunawat as COMPANY SECRETARY. Sanjay Dubey, Navneet Kothari, Ashish Vashishth, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mpsedc.mp.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210MP1983SGC002298

  • Company No.

    002298

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    18 Nov 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Information Technology

Who are the key members and board of directors at Madhya Pradesh State Electronics Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Ashish Vashishth Managing Director13-Aug-2024Current
Mansi Lunawat Company Secretary09-Jul-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Chandra Shukla Country flag representing In Nominee Director 23-Feb-2024Current
Sanjay Dubey Country flag representing In Nominee Director 24-Sep-2024Current
Navneet Kothari Country flag representing In Nominee Director 03-Jun-2024Current
Rohit Singh Country flag representing In Nominee Director 03-Jun-2024Current

Financial Performance of Madhya Pradesh State Electronics Development Corporation.

Madhya Pradesh State Electronics Development Corporation Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 7.03% increase. The company also saw a substantial fall in profitability, with a 59.27% decrease in profit. The company's net worth Soared by an impressive increase of 26%.

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
7.03%
Revenue from Operations
-5.53%
Total Assets
37.40%
Profit or Loss
-59.27%
Net Worth
26.00%
EBITDA
-1623.01%

What is the Ownership and Shareholding Structure of Madhya Pradesh State Electronics Development Corporation?

In 2023, Madhya Pradesh State Electronics Development Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries 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

₹7.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 4.00 Cr
  • The Industrial Finance Corporation Of India : 2.61 Cr
  • Bank Of India : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 1989The Industrial Finance Corporation Of India₹2.61 CrOpen
27 Feb 1989Industrial Development Bank Of India₹4.00 CrOpen
02 Sep 1986Bank Of India₹4.50 MOpen

How Many Employees Work at Madhya Pradesh State Electronics Development Corporation?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madhya Pradesh State Electronics Development Corporation, 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 Madhya Pradesh State Electronics Development Corporation'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 Madhya Pradesh State Electronics Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Madhya Pradesh State Electronics Development Corporation Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sanjay Dubey was appointed as a Nominee Director was appointed as a Nominee Director on 24 Sep 2024 & has been associated with this company since 4 months 30 days .

    24 Sep 2024

  • Director Appointment

    Ashish Vashishth was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2024 & has been associated with this company since 6 months 11 days .

    13 Aug 2024

  • Director Appointment

    Navneet Mohan Kothari was appointed as a Nominee Director was appointed as a Nominee Director on 03 Jun 2024 & has been associated with this company since 8 months 20 days .

    03 Jun 2024

  • Director Appointment

    Rohit Singh was appointed as a Nominee Director was appointed as a Nominee Director on 03 Jun 2024 & has been associated with this company since 8 months 20 days .

    03 Jun 2024

  • Balance Sheet

    Madhya Pradesh State Electronics Development Corporation Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

Frequently asked questions

  • Madhya Pradesh State Electronics Development Corporation Ltd was incorporated on 18 Nov 1983.

  • The authorized share capital of Madhya Pradesh State Electronics Development Corporation Ltd is ₹ 75.00 Cr and paid-up capital is ₹ 75.00 Cr.

  • Currently 6 directors are associated with Madhya Pradesh State Electronics Development Corporation Ltd.

    • Sanjay Dubey
    • Navneet Mohan Kothari
    • Ashish Vashishth
    • Rohit Singh
    • Mansi Lunawat
    • Chandra Mouli Shukla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhya Pradesh State Electronics Development Corporation Ltd is Plot No 47-A Arera Hills India, Bhopal, Madhya Pradesh, 462011.

  • The corporate identification number (CIN) of Madhya Pradesh State Electronics Development Corporation Ltd is U74210MP1983SGC002298 and the company number is 002298 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madhya Pradesh State Electronics Development Corporation Ltd is https://www.mpsedc.mp.gov.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Madhya Pradesh State Electronics Development Corporation Ltd has risen by 7.03%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Madhya Pradesh State Electronics Development Corporation Ltd has experienced an upsurge of 26.00%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Madhya Pradesh State Electronics Development Corporation Ltd amount to ₹ 7.06 Cr.

  • The most recent Balance Sheet for Madhya Pradesh State Electronics Development Corporation Ltd was filed with the ROC on 31 Mar 2024.

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