Maharashtra State Electricity Distribution Company Profile
Key Indicators
- Authorised Capital ₹ 60,000.00 Cr
- Paid Up Capital ₹ 49,721.65 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 156,560.69 Cr
- Satisfied Charges ₹ 36,288.78 Cr
- Revenue Growth 8.65%
- Profit Growth -1957.37%
- Ebitda -880.63%
- Net Worth -22.85%
- Total Assets 8.21%
About Maharashtra State Electricity Distribution Company
Maharashtra State Electricity Distribution Company Limited (MSEDCL) is a leading Public Limited State Government Company incorporated in India on 31 May 2005 and has a history of 19 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Maharashtra State Distribution Company Limited. 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 60,000.00 Cr and a paid-up capital of Rs 49,721.65 Cr.
The company currently has active open charges totaling ₹156,560.69 Cr. The company has closed loans amounting to ₹36,288.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maharashtra State Electricity Distribution Company Limited India are Anjali Gudekar as COMPANY SECRETARY and Anudeep Dighe as Cfo. Prasad Reshme, Lokesh Chandra, Vijay Singh, and Seven other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U40109MH2005SGC153645
- Company No.
153645
- Company Classification
Public Limited State Government Company
- Incorporation Date
31 May 2005
- Date of AGM
30 Dec 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Energy and Power
Maharashtra State Electricity Distribution Company Limited
Explore comprehensive data for Maharashtra State Electricity Distribution Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maharashtra State Electricity Distribution Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anjali Gudekar | Company Secretary | 17-Mar-2012 | Current |
Lokesh Chandra  | Managing Director | 02-Jun-2023 | Current |
| Anudeep Dighe | CFO | 01-Feb-2023 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Singh | Nominee Director | 31-May-2023 | Current |
| Prasad Reshme | Whole-Time Director | 11-Mar-2022 | Current |
| Vishwas Pathak | Director | 23-Aug-2022 | Current |
| Arvind Bhadikar | Additional Director | 03-May-2023 | Current |
| Abha Shukla | Director | 21-Nov-2022 | Current |
| Jyoti Chimte | Director | 31-Mar-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Rec Power Development And Consultancy LimitedVijay Singh is a mutual person
Mseb Holding Company LimitedLokesh Chandra, Vishwas Pathak and 1 more are mutual person
Maharashtra State Power Generation Company LimitedVishwas Pathak and Abha Shukla are mutual person
Nagpur Mumbai Super Communication Expressway LimitedLokesh Chandra is a mutual person
Maharashtra State Electricity Transmission Company LimitedVishwas Pathak and Abha Shukla are mutual person
Ratnagiri Gas And Power Private LimitedLokesh Chandra is a mutual person
Charges (Loans)
Open Charges
₹156,560.69 Cr
Satisfied Charges
₹36,288.78 Cr
Charges Breakdown by Lending Institutions
- Others : 107306.83 Cr
- Canara Bank : 22144.50 Cr
- State Bank Of India : 15000.00 Cr
- Rural Electrification Corporation Limited : 8864.20 Cr
- Uco Bank : 1100.00 Cr
- Others : 2145.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2024 | Others | ₹2,700.00 Cr | Open |
| 12 Jun 2024 | Others | ₹786.02 Cr | Open |
| 09 May 2024 | Others | ₹3,300.00 Cr | Open |
| 05 Apr 2024 | Others | ₹120.00 Cr | Open |
| 05 Apr 2024 | Others | ₹20.99 Cr | Open |
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Maharashtra State Electricity Distribution Company
Recent activity within the organization
- Annual General Meeting
Maharashtra State Electricity Distribution Company Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 1,600.00 Cr registered on 22 Dec 2023 with Charge ID 100831314 was modified on 19 Jun 2024.
- Charges
A charge with Others of Rs. 120.00 Cr registered on 05 Apr 2024 with Charge ID 100899768 was modified on 14 Jun 2024.
- Charges
A charge with Others amounted to Rs. 2,700.00 Cr with Charge ID 100934624 was registered on 12 Jun 2024.
- Charges
A charge with Others amounted to Rs. 786.02 Cr with Charge ID 100940403 was registered on 12 Jun 2024.
- Charges
A charge with Others amounted to Rs. 3,300.00 Cr with Charge ID 100919765 was registered on 09 May 2024.
Recent News, Updates & Announcement
- SJVN bags 1,352 MW solar projects worth Rs 7,436 cr.
State-owned power producer SJVN arm SJVN Green Energy has secured 1,352 MW solar power projects, entailing an investment of Rs 7,436 crore.SJVN has received L....
- Torrent Power Bags 306 MW Solar Project Worth ₹1,540 Cr.
The project will be commissioned within 18 months at an estimated cost of Rs 1,540 crore..
Frequently asked questions
What is the Incorporation or founding date of Maharashtra State Electricity Distribution Company Limited?
Maharashtra State Electricity Distribution Company Limited was incorporated on 31 May 2005.
What is authorized share capital and paid-up capital of Maharashtra State Electricity Distribution Company Limited?
The authorized share capital of Maharashtra State Electricity Distribution Company Limited is ₹ 60,000.00 Cr and paid-up capital is ₹ 49,721.65 Cr.
Who are the current board members & directors of Maharashtra State Electricity Distribution Company Limited?
Currently 12 directors are associated with Maharashtra State Electricity Distribution Company Limited.
- Anjali Makarand Gudekar
- Prasad Tejram Reshme
- Lokesh Chandra
- Vijay Kumar Singh
- Vishwas Vasant Pathak
- Arvind Madhukar Bhadikar
- Abha Shukla
- Jyoti Nitin Chimte
- Yogesh Madhukar Gadkari
- Anudeep Shrinivas Dighe
- Rajeev Kumar Chaturvedi
- Anudeep Shrinivas Dighe
What is the registered address of Maharashtra State Electricity Distribution Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Electricity Distribution Company Limited is Prakashgad Plot No G-9Anant Kanekar Marg Bandra (E) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Maharashtra State Electricity Distribution Company Limited?
The corporate identification number (CIN) of Maharashtra State Electricity Distribution Company Limited is U40109MH2005SGC153645 and the company number is 153645 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maharashtra State Electricity Distribution Company Limited?
The Official website of Maharashtra State Electricity Distribution Company Limited is https://www.mahadiscom.in
What has been the recent revenue trend for Maharashtra State Electricity Distribution Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra State Electricity Distribution Company Limited has risen by 8.65%.
How many employees does Maharashtra State Electricity Distribution Company Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Maharashtra State Electricity Distribution Company Limited.
What change has been observed in the net worth of Maharashtra State Electricity Distribution Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra State Electricity Distribution Company Limited has experienced an downturn of -22.85%.
What are the total open charges for Maharashtra State Electricity Distribution Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra State Electricity Distribution Company Limited amount to ₹ 156,560.69 Cr.
When was the last Balance Sheet of Maharashtra State Electricity Distribution Company Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra State Electricity Distribution Company Limited was filed with the ROC on 31 Mar 2024.
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