Madhyanchal Vidyut Vitran Nigam Limited

Provides electricity distribution and transmission services to multiple districts in Uttar Pradesh.

2003 | Lucknow, Uttar Pradesh (India) | Active
Last Updated: January 03, 2025

Madhyanchal Vidyut Vitran Nigam Profile

Key Indicators

  • Authorised Capital ₹ 20,000.00 Cr
  • Paid Up Capital ₹ 24,232.49 Cr
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,395.86 Cr
  • Satisfied Charges ₹ 1,426.95 Cr
  • Revenue Growth 9.81%
  • Profit Growth -136.02%
  • Ebitda -86.77%
  • Net Worth -23.97%
  • Total Assets -5.79%

About Madhyanchal Vidyut Vitran Nigam

Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) is a leading Public Limited State Government Company incorporated in India on 01 May 2003 and has a history of 21 years and nine months. Its registered office is in Lucknow, Uttar 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 2024. It's a company limited by shares with an authorized capital of Rs 20,000.00 Cr and a paid-up capital of Rs 24,232.49 Cr.

The company currently has active open charges totaling ₹4,395.86 Cr. The company has closed loans amounting to ₹1,426.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Madhyanchal Vidyut Vitran Nigam Limited India are Abha Tandon as COMPANY SECRETARY and Sanjiv Awasthi as Cfo. Pankaj Kumar, Bhawani Khangarot, Raj Malhotra, and Five other members serve as directors at the Company.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mvvnl.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31200UP2003SGC027459

  • Company No.

    027459

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    01 May 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Energy and Power

Who are the key members and board of directors at Madhyanchal Vidyut Vitran Nigam?

Executive Team (3)

NameDesignationAppointment DateStatus
Bhawani Khangarot Country flag representing In Managing Director06-Jun-2022Current
Abha Tandon Company Secretary13-Jun-2024Current
Sanjiv Awasthi CFO09-Oct-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Pankaj Kumar Country flag representing In Nominee Director 10-Mar-2021Current
Raj Malhotra Country flag representing In Nominee Director 19-Oct-2024Current
Yogesh Kumar Country flag representing In Whole-Time Director 21-May-2022Current
Neeraj Swaroop Country flag representing In Whole-Time Director 04-Jul-2024Current
Sandeep Kaur Nominee Director 29-Aug-2022Current
Manoj Bansal Country flag representing In Whole-Time Director 25-Nov-2023Current

Financial Performance of Madhyanchal Vidyut Vitran Nigam.

Madhyanchal Vidyut Vitran Nigam Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.81% increase. The company also saw a substantial fall in profitability, with a 136.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.97%.

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
9.81%
Revenue from Operations
5.04%
Total Assets
-5.79%
Profit or Loss
-136.02%
Net Worth
-23.97%
EBITDA
-86.77%

What is the Ownership and Shareholding Structure of Madhyanchal Vidyut Vitran Nigam?

In 2023, Madhyanchal Vidyut Vitran Nigam 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

₹4,395.86 Cr

Satisfied Charges

₹1,426.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 2460.74 Cr
  • Power Finance Corporation Limited : 970.61 Cr
  • Rural Electrification Corporation Limited : 911.69 Cr
  • R E C : 29.32 Cr
  • Rural Electrification Corporation Ltd : 23.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2021Others₹9.75 CrOpen
10 Feb 2021Others₹3.88 CrOpen
10 Feb 2021Others₹4.43 CrOpen
26 Sep 2019Others₹134.70 CrOpen
18 Feb 2019Others₹921.68 CrOpen

How Many Employees Work at Madhyanchal Vidyut Vitran Nigam?

Unlock and access historical data on people associated with Madhyanchal Vidyut Vitran Nigam, 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 Madhyanchal Vidyut Vitran Nigam, 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 Madhyanchal Vidyut Vitran Nigam'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 Madhyanchal Vidyut Vitran Nigam

Recent activity within the organization

  • Director Appointment

    Raj Kumar Malhotra was appointed as a Nominee Director was appointed as a Nominee Director on 19 Oct 2024 & has been associated with this company since 4 months 4 days .

    19 Oct 2024

  • Director Appointment

    Sanjiv Kumar Awasthi was appointed as a Cfo was appointed as a Cfo on 09 Oct 2024 & has been associated with this company since 4 months 14 days .

    09 Oct 2024

  • Annual General Meeting

    Madhyanchal Vidyut Vitran Nigam Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Neeraj Swaroop was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Jul 2024 & has been associated with this company since 7 months 19 days .

    04 Jul 2024

  • Director Appointment

    Abha Sethi Tandon was appointed as a Company Secretary was appointed as a Company Secretary on 13 Jun 2024 & has been associated with this company since 8 months 9 days .

    13 Jun 2024

  • Balance Sheet

    Madhyanchal Vidyut Vitran Nigam Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

Frequently asked questions

  • Madhyanchal Vidyut Vitran Nigam Limited was incorporated on 01 May 2003.

  • The authorized share capital of Madhyanchal Vidyut Vitran Nigam Limited is ₹ 20,000.00 Cr and paid-up capital is ₹ 24,232.49 Cr.

  • Currently 10 directors are associated with Madhyanchal Vidyut Vitran Nigam Limited.

    • Pankaj Kumar
    • Bhawani Singh Khangarot
    • Raj Kumar Malhotra
    • Yogesh Kumar
    • Neeraj Swaroop
    • Sandeep Kaur
    • Manoj Bansal
    • Vikas Chandra Agarwal
    • Abha Sethi Tandon
    • Sanjiv Kumar Awasthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhyanchal Vidyut Vitran Nigam Limited is 4-A Gokhale Marg India, Lucknow, Uttar Pradesh, 226001.

  • The corporate identification number (CIN) of Madhyanchal Vidyut Vitran Nigam Limited is U31200UP2003SGC027459 and the company number is 027459 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madhyanchal Vidyut Vitran Nigam Limited is https://www.mvvnl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madhyanchal Vidyut Vitran Nigam Limited has risen by 9.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madhyanchal Vidyut Vitran Nigam Limited has experienced an downturn of -23.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madhyanchal Vidyut Vitran Nigam Limited amount to ₹ 4,395.86 Cr.

  • The most recent Balance Sheet for Madhyanchal Vidyut Vitran Nigam Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Power Transmission & Distribution Services