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, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 149,629.03 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 eight 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 2023. 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 ₹149,629.03 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. Vishwas Pathak, Vijay Singh, Lokesh Chandra, 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
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharashtra State Electricity Distribution Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lokesh Chandra  | Managing Director | 02-Jun-2023 | Current |
| Anjali Gudekar | Company Secretary | 17-Mar-2012 | 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 LimitedVishwas Pathak, Lokesh Chandra 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)
₹149,629.03 Cr
₹36,288.78 Cr
Charges Breakdown by Lending Institutions
- Others : 100375.17 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 |
|---|---|---|---|
| 05 Apr 2024 | Others | ₹120.00 Cr | Open |
| 22 Mar 2024 | State Bank Of India | ₹4,000.00 Cr | Open |
| 18 Jan 2024 | Others | ₹500.00 Cr | Open |
| 22 Dec 2023 | Others | ₹1,600.00 Cr | Open |
| 05 Dec 2023 | Others | ₹400.00 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.
