Maharashtra Eastern Grid Power Transmission Company Profile
Key Indicators
- Authorised Capital ₹ 3,000.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 707.50 Cr
as on 16-11-2024
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20,406.03 Cr
as on 16-11-2024
- Satisfied Charges ₹ 14,133.00 Cr
as on 16-11-2024
- Revenue 9.67%
(FY 2023)
- Profit 21.42%
(FY 2023)
- Ebitda 6.07%
(FY 2023)
- Net Worth 22.35%
(FY 2023)
- Total Assets 10.41%
(FY 2023)
About Maharashtra Eastern Grid Power Transmission Company
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.
- 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
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Maharashtra Eastern Grid Power Transmission Company?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prashant Pancholi | Company Secretary | 28-Mar-2022 | Current |
Ravi Jain  | CFO | 28-Dec-2021 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chaitanya Sahoo | Director | 16-Mar-2023 | Current |
| Ajit Barodia | Director | 22-Apr-2013 | Current |
| Kalaikuruchi Jairaj | Director | 02-Feb-2016 | Current |
| Rohit Soni | Whole-Time Director | 28-Dec-2021 | Current |
| Birva Patel | Director | 23-Mar-2018 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Navi Mumbai International Airport Private LimitedActive 17 years 8 monthsKalaikuruchi Jairaj is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 19 Oct 2022 | ₹400.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 19 Oct 2022 | ₹100.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 19 Oct 2022 | ₹17.00 Cr | Open |
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.
Deals i
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
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.
