Maharashtra State Electricity Transmission Company Profile
Key Indicators
- Authorised Capital ₹ 15,000.00 Cr
- Paid Up Capital ₹ 8,984.97 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14,407.39 Cr
- Satisfied Charges ₹ 15,245.76 Cr
- Revenue Growth 9.20%
- Profit Growth 8.51%
- Ebitda -13.70%
- Net Worth 7.73%
- Total Assets 4.17%
About Maharashtra State Electricity Transmission Company
Maharashtra State Electricity Transmission Company Limited (MSETCL) is a leading Public Limited State Government Company incorporated in India on 31 May 2005 and has a history of 19 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Maharashtra State Transmission 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 15,000.00 Cr and a paid-up capital of Rs 8,984.97 Cr.
The company currently has active open charges totaling ₹14,407.39 Cr. The company has closed loans amounting to ₹15,245.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maharashtra State Electricity Transmission Company Limited India are Vineeta Shriwani as COMPANY SECRETARY and Trupti Mudholkar as Cfo. Vishwas Pathak, Satish Chavan, Abha Shukla, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40109MH2005SGC153646
- Company No.
153646
- 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
Energy and Power
Who are the key members and board of directors at Maharashtra State Electricity Transmission Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vineeta Shriwani  | Company Secretary | 22-Jun-2022 | Current |
| Trupti Mudholkar | CFO | 01-Aug-2024 | Current |
| Sanjeev Jarngal | Managing Director | 03-May-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishwas Pathak | Director | 22-Aug-2022 | Current |
| Satish Chavan | Additional Director | 01-Aug-2024 | Current |
| Abha Shukla | Nominee Director | 29-Nov-2022 | Current |
| Sugat Gamare | Director | 10-Jan-2022 | Current |
Financial Performance of Maharashtra State Electricity Transmission Company.
Maharashtra State Electricity Transmission Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.2% increase. The company also saw a slight improvement in profitability, with a 8.51% increase in profit. The company's net worth moved up by a moderate rise of 7.73%.
- 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 Transmission Company?
In 2023, Maharashtra State Electricity Transmission Company had a promoter holding of 100.00%. The company had 2 Joint Ventures and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mseb Holding Company LimitedVishwas Pathak, Abha Shukla and 1 more are mutual person
Maharashtra State Power Generation Company LimitedVishwas Pathak and Abha Shukla are mutual person
Maharashtra State Electricity Distribution Company LimitedVishwas Pathak and Abha Shukla are mutual person
Jaigad Powertransco LimitedSatish Chavan and Trupti Mudholkar are mutual person
Maharashtra Transmission Communication Infrastructure LimitedSatish Chavan and Trupti Mudholkar are mutual person
- Mseb Solar Agro Power Limited
Abha Shukla is a mutual person
Charges (Loans)
Open Charges
₹14,407.39 Cr
Satisfied Charges
₹15,245.76 Cr
Charges Breakdown by Lending Institutions
- Others : 6925.24 Cr
- Power Finance Corporation Limited : 3976.01 Cr
- Bank Of India : 1850.00 Cr
- Rural Electrification Corporation Limited : 1066.15 Cr
- Canara Bank : 590.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2023 | Others | ₹10.75 Cr | Open |
| 20 Mar 2023 | Others | ₹5.40 Cr | Open |
| 20 Mar 2023 | Others | ₹5.81 Cr | Open |
| 20 Mar 2023 | Others | ₹12.05 Cr | Open |
| 20 Mar 2023 | Others | ₹22.89 Cr | Open |
How Many Employees Work at Maharashtra State Electricity Transmission Company?
Unlock and access historical data on people associated with Maharashtra State Electricity Transmission Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Maharashtra State Electricity 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 State Electricity 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.
Latest Updates, News, and FAQs on Maharashtra State Electricity Transmission Company
Recent activity within the organization
- Director Appointment
Satish Vitthalrao Chavan was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 7 months .
- Director Appointment
Trupti Nitin Mudholkar was appointed as a Cfo was appointed as a Cfo on 01 Aug 2024 & has been associated with this company since 7 months .
- Director Appointment
Trupti Nitin Mudholkar was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 7 months .
- Charges
A charge registered on 14 Jan 2011 via Charge ID 10266501 with Rural Electrification Corporation Limited was fully satisfied on 05 Jul 2024.
- Charges
A charge registered on 25 Jun 2010 via Charge ID 10232494 with Rural Electrification Corporation Limited was fully satisfied on 05 Jul 2024.
- Charges
A charge registered on 25 Jun 2010 via Charge ID 10232496 with Others was fully satisfied on 05 Jul 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Maharashtra State Electricity Transmission Company Limited?
Maharashtra State Electricity Transmission Company Limited was incorporated on 31 May 2005.
What is authorized share capital and paid-up capital of Maharashtra State Electricity Transmission Company Limited?
The authorized share capital of Maharashtra State Electricity Transmission Company Limited is ₹ 15,000.00 Cr and paid-up capital is ₹ 8,984.97 Cr.
Who are the current board members & directors of Maharashtra State Electricity Transmission Company Limited?
Currently 8 directors are associated with Maharashtra State Electricity Transmission Company Limited.
- Vishwas Vasant Pathak
- Satish Vitthalrao Chavan
- Abha Shukla
- Vineeta Shriwani
- Trupti Nitin Mudholkar
- Sugat Shankar Gamare
- Trupti Nitin Mudholkar
- Sanjeev Kalidass Jarngal
What is the registered address of Maharashtra State Electricity Transmission Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Electricity Transmission Company Limited is Prakashganga Plot No C 19 Eblock Bandra Kurla Complex (East) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Maharashtra State Electricity Transmission Company Limited?
The corporate identification number (CIN) of Maharashtra State Electricity Transmission Company Limited is U40109MH2005SGC153646 and the company number is 153646 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maharashtra State Electricity Transmission Company Limited?
The Official website of Maharashtra State Electricity Transmission Company Limited is https://www.mahatransco.in
What has been the recent revenue trend for Maharashtra State Electricity Transmission Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra State Electricity Transmission Company Limited has risen by 9.20%.
What change has been observed in the net worth of Maharashtra State Electricity Transmission Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra State Electricity Transmission Company Limited has experienced an upsurge of 7.73%.
What are the total open charges for Maharashtra State Electricity Transmission Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra State Electricity Transmission Company Limited amount to ₹ 14,407.39 Cr.
When was the last Balance Sheet of Maharashtra State Electricity Transmission Company Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra State Electricity Transmission Company Limited was filed with the ROC on 31 Mar 2023.
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