Maharashtra State Electricity Distribution Company Limited Company Logo

Maharashtra State Electricity Distribution Company Limited - Company Profile

It is a energy and power public limited state government company based in Mumbai, Maharashtra, India, established in 2005.

2005 | Mumbai, Maharashtra, India | Active
Last Updated:

About Maharashtra State Electricity Distribution Company Limited

Maharashtra State Electricity Distribution Company Limited, a active public limited state government company, was established on 31 May 2005 in Mumbai, Maharashtra, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109MH2005SGC153645. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹60,000.00 Cr and a paid-up capital of ₹49,721.65 Cr.

Formerly known as Maharashtra State Distribution Company Limited. It upholds a compliant status. Employing 4 professional, Its leadership includes Rajeev Kumar Chaturvedi (Nominee Director), Abha Shukla (Director), Yogesh Madhukar Gadkari (Whole-Time Director). Past directors included Naresh Bhagwanrao Gite, Aseem Kumar Surendrakumar Gupta, Ashok Rajaram Harane. It holds ₹171,505.23 Cr open charges and ₹55,663.70 Cr settled loans. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at Prakashgad Plot No G-9Anant Kanekar Marg Bandra (E), Mumbai, Maharashtra, 400051.

Company Details

  • CIN/LLPIN

    U40109MH2005SGC153645

  • Registration Number

    153645

  • Incorporation Date

    31 May 2005

  • Authorized Capital

    ₹60,000.00 Cr

  • Paid-Up Capital

    ₹49,721.65 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 60,000.00 Cr
  • Paid Up Capital ₹ 49,721.65 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 171,505.23 Cr
  • Satisfied Charges ₹ 55,663.70 Cr
  • Revenue Growth 8.65%
  • Profit Growth -1957.37%
  • Ebitda -880.63%
  • Net Worth -22.85%
  • Total Assets 8.21%
Company report

Maharashtra State Electricity Distribution Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into Maharashtra State Electricity Distribution Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maharashtra State Electricity Distribution Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajeev Kumar ChaturvediNominee Director31 May 2023Current
Abha ShuklaDirector21 Nov 2022Current
Yogesh Madhukar GadkariWhole-Time Director03 May 2023Current
Jyoti Nitin ChimteDirector31 Mar 2022Current
Lokesh ChandraManaging Director02 Jun 2023Current
Anudeep Shrinivas DigheCfo01 Feb 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director29 Sep 2022Past
Pramod AbcsddManaging Director01 Feb 2021Past
Pramod AbcsddDirector03 Jun 2019Past
Pramod AbcsddCompany Secretary18 Apr 2011Past
Pramod AbcsddAdditional Director21 Nov 2011Past
Pramod AbcsddNominee Director28 Nov 2006Past

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Financial Performance of Maharashtra State Electricity Distribution Company.

Maharashtra State Electricity Distribution Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.65% increase. The company also saw a substantial fall in profitability, with a 1957.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.85%.

Maharashtra State Electricity Distribution Company revenue growth over time
Maharashtra State Electricity Distribution 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
8.65%
Revenue from Operations
9.62%
Total Assets
8.21%
Profit or Loss
-1957.37%
Net Worth
-22.85%
EBITDA
-880.63%

What is the Ownership and Shareholding Structure of Maharashtra State Electricity Distribution Company?

In 2023, Maharashtra State Electricity Distribution Company had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,715,052,258,786.00

Satisfied Charges

₹556,637,031,000.00

Charges Breakdown by Lending Institutions

  • Others : 126584.37 Cr
  • State Bank Of India : 18000.00 Cr
  • Canara Bank : 14028.55 Cr
  • Rural Electrification Corporation Limited : 7947.15 Cr
  • Indian Bank : 3000.00 Cr
  • Others : 1945.16 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2025Indian Bank₹2,000.00 CrOpen
10 Oct 2025Others₹1,191.20 CrOpen
12 Sep 2025Uco Bank₹1,800.00 CrOpen
12 Sep 2025Others₹5,000.00 CrOpen
25 Jun 2025Others₹200.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Maharashtra State Electricity Distribution Company?

Maharashtra State Electricity Distribution Company has a workforce of 4 employees as of Mar 29, 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 State Electricity Distribution Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra State Electricity Distribution 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 State Electricity Distribution 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 State Electricity Distribution Company

Recent Activity within the Organization

  • Charges

    Progress on A charge with Indian Bank amounted to Rs. 2,000.00 Cr with Charge ID 101198469 was registered on 01 Dec 2025. was documented.

  • Charges

    Progress on A charge registered on 30 Sep 2020 via Charge ID 100380533 with Others was fully satisfied on 20 Nov 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 1,191.20 Cr with Charge ID 101177853 was registered on 10 Oct 2025. was completed.

  • Charges

    A charge registered on 11 Sep 2020 via Charge ID 100371946 with Others was fully satisfied on 23 Sep 2025. was recorded as a recent event.

  • Charges

    A charge with Uco Bank amounted to Rs. 1,800.00 Cr with Charge ID 101164713 was registered on 12 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 5,000.00 Cr with Charge ID 101162494 was registered on 12 Sep 2025. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Maharashtra State Electricity Distribution Company Limited?

    The CIN of Maharashtra State Electricity Distribution Company Limited is U40109MH2005SGC153645.

  • Where is Maharashtra State Electricity Distribution Company Limited headquartered?

    Maharashtra State Electricity Distribution Company Limited is headquartered at Prakashgad Plot No G-9Anant Kanekar Marg Bandra (E), Mumbai, Maharashtra, 400051.

  • When was Maharashtra State Electricity Distribution Company Limited incorporated?

    Maharashtra State Electricity Distribution Company Limited was incorporated on 31 May 2005.

  • Who are the current directors of Maharashtra State Electricity Distribution Company Limited?

    The current directors of Maharashtra State Electricity Distribution Company Limited are

  • What is the primary industry of Maharashtra State Electricity Distribution Company Limited?

    The primary industry of Maharashtra State Electricity Distribution Company Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Maharashtra State Electricity Distribution Company Limited a listed company?

    Maharashtra State Electricity Distribution Company Limited is unlisted.

  • What is the capital structure of Maharashtra State Electricity Distribution Company Limited?

    The authorized capital of Maharashtra State Electricity Distribution Company Limited is ₹60,000.00 Cr, and the paid-up capital is ₹49,721.65 Cr.

  • What is the compliance status of Maharashtra State Electricity Distribution Company Limited?

    The compliance status of Maharashtra State Electricity Distribution Company Limited is Compliant.

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