Maharashtra Eastern Grid Power Transmission Company Limited

Operates transmission lines and substations to evacuate power in Maharashtra.

2010 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Maharashtra Eastern Grid Power Transmission Company Profile

Key Indicators

  • Authorised Capital ₹ 3,000.00 Cr
  • Paid Up Capital ₹ 707.50 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20,406.03 Cr
  • Satisfied Charges ₹ 14,133.00 Cr
  • Revenue Growth 9.67%
  • Profit Growth 21.42%
  • Ebitda 6.07%
  • Net Worth 22.35%
  • Total Assets 10.41%

About Maharashtra Eastern Grid Power Transmission Company

Maharashtra Eastern Grid Power Transmission Company Limited (MEGPTCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 February 2010 and has a history of 15 years and one month. Its registered office is in Gandhi Nagar, Gujarat, 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 3,000.00 Cr and a paid-up capital of Rs 707.50 Cr.

The company currently has active open charges totaling ₹20,406.03 Cr. The company has closed loans amounting to ₹14,133.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maharashtra Eastern Grid Power Transmission Company Limited India are Prashant Pancholi as COMPANY SECRETARY and Ravi Jain as Cfo. Ajit Barodia, Kalaikuruchi Jairaj, Rohit Soni, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40100GJ2010PLC059593

  • Company No.

    059593

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2010

  • Date of AGM

    24 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Maharashtra Eastern Grid Power Transmission Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Prashant Pancholi Company Secretary28-Mar-2022Current
Ravi Jain Country flag representing In CFO28-Dec-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Chaitanya Sahoo Country flag representing In Director 16-Mar-2023Current
Ajit Barodia Country flag representing In Director 22-Apr-2013Current
Kalaikuruchi Jairaj Country flag representing In Director 02-Feb-2016Current
Rohit Soni Country flag representing In Whole-Time Director 28-Dec-2021Current
Birva Patel Country flag representing In Director 23-Mar-2018Current

Financial Performance of Maharashtra Eastern Grid Power Transmission Company.

Maharashtra Eastern Grid Power Transmission Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.67% increase. The company also saw a substantial improvement in profitability, with a 21.42% increase in profit. The company's net worth Soared by an impressive increase of 22.35%.

Maharashtra Eastern Grid Power Transmission Company revenue growth over time
Maharashtra Eastern Grid Power Transmission Company 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
9.67%
Revenue from Operations
7.62%
Total Assets
10.41%
Profit or Loss
21.42%
Net Worth
22.35%
EBITDA
6.07%

What is the Ownership and Shareholding Structure of Maharashtra Eastern Grid Power Transmission Company?

In 2023, Maharashtra Eastern Grid Power Transmission 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20,406.03 Cr

Satisfied Charges

₹14,133.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 12438.03 Cr
  • Others : 7968.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2022Idbi Trusteeship Services Limited₹400.00 CrOpen
19 Oct 2022Idbi Trusteeship Services Limited₹100.00 CrOpen
19 Oct 2022Idbi Trusteeship Services Limited₹17.00 CrOpen
19 Oct 2022Idbi Trusteeship Services Limited₹200.00 CrOpen
19 Oct 2022Idbi Trusteeship Services Limited₹363.00 CrOpen

How Many Employees Work at Maharashtra Eastern Grid Power Transmission Company?

Maharashtra Eastern Grid Power Transmission Company has a workforce of 290 employees as of Apr 02, 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.

Employee growth trends for Maharashtra Eastern Grid Power Transmission Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Eastern Grid Power Transmission 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 Maharashtra Eastern Grid Power Transmission Company'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 Maharashtra Eastern Grid Power Transmission Company

Recent activity within the organization

  • Annual General Meeting

    Maharashtra Eastern Grid Power Transmission Company Limited last Annual general meeting of members was held on 24 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Maharashtra Eastern Grid Power Transmission Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 200.00 Cr registered on 05 Jul 2019 with Charge ID 100281172 was modified on 20 Mar 2023.

  • Director Appointment

    Chaitanya Prasad Sahoo was appointed as a Director was appointed as a Director on 16 Mar 2023 & has been associated with this company since 2 years 15 days .

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 400.00 Cr with Charge ID 100628530 was registered on 19 Oct 2022.

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 100.00 Cr with Charge ID 100628534 was registered on 19 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Maharashtra Eastern Grid Power Transmission Company Limited?

    Maharashtra Eastern Grid Power Transmission Company Limited was incorporated on 15 Feb 2010.

  • What is authorized share capital and paid-up capital of Maharashtra Eastern Grid Power Transmission Company Limited?

    The authorized share capital of Maharashtra Eastern Grid Power Transmission Company Limited is ₹ 3,000.00 Cr and paid-up capital is ₹ 707.50 Cr.

  • Who are the current board members & directors of Maharashtra Eastern Grid Power Transmission Company Limited?

    Currently 7 directors are associated with Maharashtra Eastern Grid Power Transmission Company Limited.

    • Ajit Kantilal Barodia
    • Kalaikuruchi Jairaj
    • Prashant Kumar Pancholi
    • Rohit Soni
    • Birva Chiragbhai Patel
    • Chaitanya Prasad Sahoo
    • Ravi Jain

  • What is the registered address of Maharashtra Eastern Grid Power Transmission Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Eastern Grid Power Transmission Company Limited is Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar India, Ahmedabad, Gujarat, 382421.

  • What is the corporate identification number (CIN) and company number of Maharashtra Eastern Grid Power Transmission Company Limited?

    The corporate identification number (CIN) of Maharashtra Eastern Grid Power Transmission Company Limited is U40100GJ2010PLC059593 and the company number is 059593 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maharashtra Eastern Grid Power Transmission Company Limited?

    The Official website of Maharashtra Eastern Grid Power Transmission Company Limited is https://www.adanitransmission.com

  • What has been the recent revenue trend for Maharashtra Eastern Grid Power Transmission Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra Eastern Grid Power Transmission Company Limited has risen by 9.67%.

  • How many employees does Maharashtra Eastern Grid Power Transmission Company Limited currently have?

    As Per 2023 financial reports, 290 employees are currently employed by Maharashtra Eastern Grid Power Transmission Company Limited.

  • What change has been observed in the net worth of Maharashtra Eastern Grid Power Transmission Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra Eastern Grid Power Transmission Company Limited has experienced an upsurge of 22.35%.

  • What are the total open charges for Maharashtra Eastern Grid Power Transmission Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra Eastern Grid Power Transmission Company Limited amount to ₹ 20,406.03 Cr.

  • When was the last Balance Sheet of Maharashtra Eastern Grid Power Transmission Company Limited filed with the ROC?

    The most recent Balance Sheet for Maharashtra Eastern Grid Power Transmission Company Limited was filed with the ROC on 31 Mar 2024.

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