Mangalore Electricity Supply Company Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 817.30 Cr
- Company Age 22 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,822.64 Cr
- Satisfied Charges ₹ 2,005.84 Cr
- Revenue Growth 16.27%
- Profit Growth 58.54%
- Ebitda -3.40%
- Net Worth 14.07%
- Total Assets -0.90%
About Mangalore Electricity Supply Company
Mangalore Electricity Supply Company Limited (MESCL) is a leading Public Limited State Government Company incorporated in India on 29 April 2002 and has a history of 22 years and ten months. Its registered office is in Mangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 817.30 Cr.
The company currently has active open charges totaling ₹2,822.64 Cr. The company has closed loans amounting to ₹2,005.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mangalore Electricity Supply Company Limited India are Prabhat Joshi as COMPANY SECRETARY and Balevalachilu Jagadeesha as Cfo. Huthri Ramesh, Pankaj Pandey, Shivanna, and Six other members serve as directors at the Company.
Company Details
- Location
Mangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U40109KA2002SGC030425
- Company No.
030425
- Company Classification
Public Limited State Government Company
- Incorporation Date
29 Apr 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
Who are the key members and board of directors at Mangalore Electricity Supply Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhat Joshi  | Company Secretary | 06-Jun-2019 | Current |
| Balevalachilu Jagadeesha | CFO | 14-Feb-2022 | Current |
| Padmavati Dhanvantari | Managing Director | 05-Jul-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Huthri Ramesh | Whole-Time Director | 20-Feb-2023 | Current |
| Pankaj Pandey | Director | 06-Jun-2023 | Current |
| Shivanna | Director | 07-Nov-2022 | Current |
| Rajaputrapalya Lakshmipathy | Director | 01-Jul-2022 | Current |
| Krishnappa Venkatappa | Director | 24-Nov-2022 | Current |
| Adiveppa Aparna | Director | 21-Oct-2022 | Current |
Financial Performance of Mangalore Electricity Supply Company.
Mangalore Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.27% increase. The company also saw a substantial improvement in profitability, with a 58.54% increase in profit. The company's net worth Soared by an impressive increase of 14.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mangalore Electricity Supply Company?
In 2023, Mangalore Electricity Supply Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Power Company Of Karnataka LimitedPankaj Pandey and Krishnappa Venkatappa are mutual person
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Ngef (Hubli) LimitedPadmavati Dhanvantari is a mutual person
Karnataka Vidyuth Karkhane LimitedPankaj Pandey, Padmavati Dhanvantari and 1 more are mutual person
Karnataka State Tourism Development Corporation LimitedReju Thankachan is a mutual person
Charges (Loans)
Open Charges
₹2,822.64 Cr
Satisfied Charges
₹2,005.84 Cr
Charges Breakdown by Lending Institutions
- Others : 1220.14 Cr
- Bank Of India : 540.00 Cr
- Syndicate Bank : 500.00 Cr
- Indian Bank : 220.00 Cr
- Vijaya Bank : 150.00 Cr
- Others : 192.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2022 | Indian Bank | ₹220.00 Cr | Open |
| 11 Jun 2021 | Bank Of India | ₹280.00 Cr | Open |
| 22 Dec 2020 | Others | ₹183.42 Cr | Open |
| 26 Feb 2020 | Bank Of India | ₹260.00 Cr | Open |
| 17 Aug 2019 | Syndicate Bank | ₹150.00 Cr | Open |
How Many Employees Work at Mangalore Electricity Supply Company?
Mangalore Electricity Supply Company has a workforce of 45 employees as of Mar 22, 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 Mangalore Electricity Supply 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 Mangalore Electricity Supply 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 Mangalore Electricity Supply Company
Recent activity within the organization
- Director Appointment
Dalavayee Kodandapani was appointed as a Director was appointed as a Director on 02 May 2024 & has been associated with this company since 10 months 1 day .
- Director Appointment
Reju Murickummoodu Thankachan was appointed as a Director was appointed as a Director on 20 Jan 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Canara Bank of Rs. 50.00 Cr registered on 19 Aug 2013 with Charge ID 10448012 was modified on 10 Oct 2023.
- Annual General Meeting
Mangalore Electricity Supply Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Pankaj Kumar Pandey was appointed as a Director was appointed as a Director on 06 Jun 2023 & has been associated with this company since 1 year 8 months .
- Balance Sheet
Mangalore Electricity Supply Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Mangalore Electricity Supply Company Limited?
Mangalore Electricity Supply Company Limited was incorporated on 29 Apr 2002.
What is authorized share capital and paid-up capital of Mangalore Electricity Supply Company Limited?
The authorized share capital of Mangalore Electricity Supply Company Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 817.30 Cr.
Who are the current board members & directors of Mangalore Electricity Supply Company Limited?
Currently 11 directors are associated with Mangalore Electricity Supply Company Limited.
- Huthri Govindaiah Ramesh
- Pankaj Kumar Pandey
- Prabhat Mahabaleshwara Joshi
- Balevalachilu Jagadeesha
- Shivanna
- Rajaputrapalya Hanumantharayappa Lakshmipathy
- Krishnappa Venkatappa
- Adiveppa Pavate Aparna
- Reju Murickummoodu Thankachan
- Padmavati Husanappa Dhanvantari
- Dalavayee Kodandapani
What is the registered address of Mangalore Electricity Supply Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mangalore Electricity Supply Company Limited is Mescom Bhavana Bejai Kavoor Cross Road, Mangalore, Karnataka, India, 575004.
What is the corporate identification number (CIN) and company number of Mangalore Electricity Supply Company Limited?
The corporate identification number (CIN) of Mangalore Electricity Supply Company Limited is U40109KA2002SGC030425 and the company number is 030425 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mangalore Electricity Supply Company Limited?
The Official website of Mangalore Electricity Supply Company Limited is https://www.mescom.karnataka.gov.in
What has been the recent revenue trend for Mangalore Electricity Supply Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mangalore Electricity Supply Company Limited has risen by 16.27%.
How many employees does Mangalore Electricity Supply Company Limited currently have?
As Per 2023 financial reports, 45 employees are currently employed by Mangalore Electricity Supply Company Limited.
What change has been observed in the net worth of Mangalore Electricity Supply Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mangalore Electricity Supply Company Limited has experienced an upsurge of 14.07%.
What are the total open charges for Mangalore Electricity Supply Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mangalore Electricity Supply Company Limited amount to ₹ 2,822.64 Cr.
When was the last Balance Sheet of Mangalore Electricity Supply Company Limited filed with the ROC?
The most recent Balance Sheet for Mangalore Electricity Supply Company Limited was filed with the ROC on 31 Mar 2023.
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