

Maharashtra State Power Generation Company Profile
Key Indicators
- Authorised Capital ₹ 40,000.00 Cr
- Paid Up Capital ₹ 26,304.19 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 66,093.56 Cr
- Satisfied Charges ₹ 14,826.60 Cr
- Revenue Growth 41.71%
- Profit Growth 51.59%
- Ebitda -60.95%
- Net Worth -4.07%
- Total Assets 5.09%
About Maharashtra State Power Generation Company
Maharashtra State Power Generation Company Limited (MSPGCL) 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 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 40,000.00 Cr and a paid-up capital of Rs 26,304.19 Cr.
The company currently has active open charges totaling ₹66,093.56 Cr. The company has closed loans amounting to ₹14,826.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maharashtra State Power Generation Company Limited India are Rahul Dubey as COMPANY SECRETARY and Balasaheb Thite as Cfo. Vishwas Pathak, Radhakrishnan Balasubramanian, Abhay Harne, 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
U40100MH2005SGC153648
- Company No.
153648
- Company Classification
Public Limited State Government Company
- Incorporation Date
31 May 2005
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharashtra State Power Generation Company?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Radhakrishnan Balasubramanian ![]() | Managing Director | 26-Dec-2024 | Current |
Rahul Dubey ![]() | Company Secretary | 17-Jan-2006 | Current |
Balasaheb Thite ![]() | CFO | 30-Sep-2022 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vishwas Pathak ![]() | Director | 23-Aug-2022 | Current |
Abhay Harne ![]() | Whole-Time Director | 20-Jun-2023 | Current |
Sanjay Marudkar ![]() | Whole-Time Director | 29-Jun-2022 | Current |
Abha Shukla ![]() | Director | 21-Nov-2022 | Current |
Financial Performance of Maharashtra State Power Generation Company.
Maharashtra State Power Generation Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.71% increase. The company also saw a substantial improvement in profitability, with a 51.59% increase in profit. The company's net worth dipped by a decrease of 4.07%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Maharashtra State Power Generation Company?
In 2023, Maharashtra State Power Generation Company had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Mseb Holding Company Limited
Vishwas Pathak and Abha Shukla are mutual person
- Maharashtra State Electricity Distribution Company Limited
Vishwas Pathak and Abha Shukla are mutual person
- Mahagenco Renewable Energy Limited
Abhay Harne and Balasaheb Thite are mutual person
- Mahaguj Collieries Limited
Balasaheb Thite is a mutual person
- Maharashtra State Electricity Transmission Company Limited
Vishwas Pathak and Abha Shukla are mutual person
- Nagpur Environmental Services Limited
Radhakrishnan Balasubramanian is a mutual person
Charges (Loans)
₹66,093.56 Cr
₹14,826.60 Cr
Charges Breakdown by Lending Institutions
- Others : 43808.33 Cr
- Bank Of India : 10700.00 Cr
- Rural Electrification Corporation Limited : 5404.98 Cr
- Power Finance Corporation Limited : 3203.72 Cr
- State Bank Of India : 1000.00 Cr
- Others : 1976.54 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
23 Aug 2024 | Canara Bank | ₹550.00 Cr | Open |
31 Jul 2024 | Others | ₹180.00 Cr | Open |
24 Apr 2024 | Others | ₹1,130.40 Cr | Open |
28 Feb 2023 | Others | ₹105.87 Cr | Open |
14 Oct 2022 | Others | ₹87.78 Cr | Open |
How Many Employees Work at Maharashtra State Power Generation Company?
Unlock and access historical data on people associated with Maharashtra State Power Generation 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 Power Generation 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 Power Generation 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 Power Generation Company
Recent activity within the organization
- Charges
A charge registered on 30 Sep 2022 via Charge ID 100619089 with Others was fully satisfied on 17 Feb 2025.
- Charges
A charge registered on 24 Sep 2021 via Charge ID 100486750 with Others was fully satisfied on 18 Jan 2025.
- Charges
A charge registered on 02 Aug 2019 via Charge ID 100280061 with Others was fully satisfied on 27 Dec 2024.
- Charges
A charge registered on 07 Mar 2013 via Charge ID 10413498 with Rural Electrification Corporation Limited was fully satisfied on 27 Dec 2024.
- Director Appointment
Radhakrishnan Balasubramanian was appointed as a Managing Director was appointed as a Managing Director on 26 Dec 2024 & has been associated with this company since 4 months 16 days .
- Annual General Meeting
Maharashtra State Power Generation Company Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
Recent News, Updates & Announcement
- Maharashtra govt orders CAG audit of Tata Power, Reliance Infra | Mint.
BJP MLA Ashish Shelar claims the two power discoms operating in Mumbai deliberately raised capital costs to show losses and hike tariff to recover costs.
Frequently asked questions
What is the Incorporation or founding date of Maharashtra State Power Generation Company Limited?
Maharashtra State Power Generation Company Limited was incorporated on 31 May 2005.
What is authorized share capital and paid-up capital of Maharashtra State Power Generation Company Limited?
The authorized share capital of Maharashtra State Power Generation Company Limited is ₹ 40,000.00 Cr and paid-up capital is ₹ 26,304.19 Cr.
Who are the current board members & directors of Maharashtra State Power Generation Company Limited?
Currently 8 directors are associated with Maharashtra State Power Generation Company Limited.
- Vishwas Vasant Pathak
- Radhakrishnan Balasubramanian
- Rahul Dubey
- Balasaheb Thite
- Abhay Arun Harne
- Sanjay Manoharrao Marudkar
- Abha Shukla
- Balasaheb Thite
What is the registered address of Maharashtra State Power Generation Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Power Generation Company Limited is Prakashgad Plot No G-9Anant Kanekar Marg Bandra (East) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Maharashtra State Power Generation Company Limited?
The corporate identification number (CIN) of Maharashtra State Power Generation Company Limited is U40100MH2005SGC153648 and the company number is 153648 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maharashtra State Power Generation Company Limited?
The Official website of Maharashtra State Power Generation Company Limited is https://www.mahagenco.in
What has been the recent revenue trend for Maharashtra State Power Generation Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra State Power Generation Company Limited has risen by 41.71%.
What change has been observed in the net worth of Maharashtra State Power Generation Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra State Power Generation Company Limited has experienced an downturn of -4.07%.
What are the total open charges for Maharashtra State Power Generation Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra State Power Generation Company Limited amount to ₹ 66,093.56 Cr.
When was the last Balance Sheet of Maharashtra State Power Generation Company Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra State Power Generation Company Limited was filed with the ROC on 31 Mar 2024.
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