Power Grid Corporation Of India Profile
Key Indicators
- Authorised Capital ₹ 10,000.00 Cr
- Paid Up Capital ₹ 9,300.60 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 136,935.30 Cr
- Satisfied Charges ₹ 23,063.91 Cr
- Revenue Growth 8.58%
- Profit Growth -10.30%
- Ebitda 6.74%
- Net Worth 8.77%
- Total Assets -0.64%
About Power Grid Corporation Of India
Power Grid Corporation Of India Limited (PGCOIL) is a leading Public Limited Union Government Company incorporated in India on 23 October 1989 and has a history of 35 years and four months. Its registered office is in South West Delhi, Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532898 and on the National Stock Exchange(NSE) under POWERGRID.
The Corporate was formerly known as National Power Transmission Corporation Ltd. 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 10,000.00 Cr and a paid-up capital of Rs 9,300.60 Cr.
The company currently has active open charges totaling ₹136,935.30 Cr. The company has closed loans amounting to ₹23,063.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Power Grid Corporation Of India Limited India are Ravisankar Ganesan as CFO and Satyaprakash Dash as Company Secretary. Abhay Choudhary, Ravisankar Ganesan, Chetan Kankariya, and Four other members serve as directors at the Company.
Company Details
- Location
South West Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Energy and Power
What products or services does Power Grid Corporation Of India Limited offer?
Power Grid Corporation Of India Limited offers a wide range of products and services, including HR & Manpower Recruitment Solutions, Corporate Recruitment, Telecom Engineering Services, Telecom Infrastructure Solutions, Branding & Advertising Agencies, Advertising Service, Electric Circuit Components & Spares, Electronic Development Boards.
Who are the key members and board of directors at Power Grid Corporation Of India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumar Tyagi  | Managing Director | 12-Aug-2022 | Current |
| Ravisankar Ganesan | CFO | 26-Sep-2022 | Current |
| Satyaprakash Dash | Company Secretary | 01-May-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhay Choudhary | Whole-Time Director | 01-Nov-2020 | Current |
| Ravisankar Ganesan | Whole-Time Director | 21-Sep-2022 | Current |
| Chetan Kankariya | Director | 17-Nov-2021 | Current |
| Ram Naresh | Director | 18-Nov-2021 | Current |
| Saibaba Darbamulla | Nominee Director | 18-May-2023 | Current |
| Yatindra Dwivedi | Additional Director | 31-Aug-2023 | Current |
Financial Performance of Power Grid Corporation Of India.
Power Grid Corporation Of India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.58% increase. The company also saw a substantial fall in profitability, with a 10.3% decrease in profit. The company's net worth moved up by a moderate rise of 8.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Power Grid Corporation Of India?
In 2022, Power Grid Corporation Of India had a promoter holding of 51.34% and a public holding of 48.65%. The company had 24 Subsidiaries, 10 Joint Ventures and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sikkim Power Transmission LimitedKumar Tyagi is a mutual person
Torrent Power Grid LimitedYatindra Dwivedi is a mutual person
Energy Efficiency Services LimitedRavisankar Ganesan is a mutual person
Convergence Energy Services LimitedYatindra Dwivedi is a mutual person
Powergrid Narela Transmission LimitedAbhay Choudhary is a mutual person
- Powergrid Energy Services Limited
Ravisankar Ganesan and Satyaprakash Dash are mutual person
Charges (Loans)
Open Charges
₹136,935.30 Cr
Satisfied Charges
₹23,063.91 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 87849.75 Cr
- State Bank Of India : 22166.00 Cr
- International Bank For Reconstruction And Development : 13204.20 Cr
- Asian Development Bank : 7068.22 Cr
- Others : 4762.11 Cr
- Others : 1885.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2019 | Idbi Trusteeship Services Limited | ₹2,000.00 Cr | Open |
| 29 Mar 2019 | Others | ₹1,500.00 Cr | Open |
| 26 Nov 2018 | Idbi Trusteeship Services Limited | ₹4,765.00 Cr | Open |
| 16 Nov 2017 | Others | ₹3,262.11 Cr | Open |
| 02 Nov 2017 | Idbi Trusteeship Services Limited | ₹3,060.00 Cr | Open |
How Many Employees Work at Power Grid Corporation Of India?
Power Grid Corporation Of India has a workforce of 7794 employees as of Mar 21, 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 Power Grid Corporation Of India, 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 Power Grid Corporation Of India'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 Power Grid Corporation Of India
Recent activity within the organization
- Director Appointment
Satyaprakash Dash was appointed as a Company Secretary was appointed as a Company Secretary on 01 May 2024 & has been associated with this company since 10 months .
- Charges
A charge with State Bank Of India of Rs. 6,950.00 Cr registered on 14 Jan 1993 with Charge ID 90063750 was modified on 22 Nov 2023.
- Director Appointment
Yatindra Dwivedi was appointed as a Additional Director was appointed as a Additional Director on 31 Aug 2023 & has been associated with this company since 1 year 6 months .
- Annual General Meeting
Power Grid Corporation Of India Limited last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.
- Charges
A charge registered on 19 Nov 1999 via Charge ID 80000444 with Bank Of India was fully satisfied on 27 Jun 2023.
- Director Appointment
Saibaba Darbamulla was appointed as a Nominee Director was appointed as a Nominee Director on 18 May 2023 & has been associated with this company since 1 year 9 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Power Grid Corporation Of India Limited?
Power Grid Corporation Of India Limited was incorporated on 23 Oct 1989.
What is authorized share capital and paid-up capital of Power Grid Corporation Of India Limited?
The authorized share capital of Power Grid Corporation Of India Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 9,300.60 Cr.
Who are the current board members & directors of Power Grid Corporation Of India Limited?
Currently 9 directors are associated with Power Grid Corporation Of India Limited.
- Abhay Choudhary
- Ravisankar Ganesan
- Chetan Bansilal Kankariya
- Ram Naresh
- Kumar Ravindra Tyagi
- Saibaba Darbamulla
- Yatindra Dwivedi
- Ravisankar Ganesan
- Satyaprakash Dash
What is the registered address of Power Grid Corporation Of India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Power Grid Corporation Of India Limited is B-9 Qutab Institutional Area, Katwaria Sarai, New Delhi, India, 110016.
What is the corporate identification number (CIN) and company number of Power Grid Corporation Of India Limited?
The corporate identification number (CIN) of Power Grid Corporation Of India Limited is L40101DL1989GOI038121 and the company number is 038121 as per Ministry of Corporate Affairs (MCA).
Is Power Grid Corporation Of India Limited registered with any stock exchange in India?
Yes, Power Grid Corporation Of India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): POWERGRID.
What is the official website of Power Grid Corporation Of India Limited?
The Official website of Power Grid Corporation Of India Limited is https://www.powergridindia.com
What has been the recent revenue trend for Power Grid Corporation Of India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Power Grid Corporation Of India Limited has risen by 8.58%.
How many employees does Power Grid Corporation Of India Limited currently have?
As Per 2023 financial reports, 7794 employees are currently employed by Power Grid Corporation Of India Limited.
What change has been observed in the net worth of Power Grid Corporation Of India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Power Grid Corporation Of India Limited has experienced an upsurge of 8.77%.
What are the total open charges for Power Grid Corporation Of India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Power Grid Corporation Of India Limited amount to ₹ 136,935.30 Cr.
When was the last Balance Sheet of Power Grid Corporation Of India Limited filed with the ROC?
The most recent Balance Sheet for Power Grid Corporation Of India Limited was filed with the ROC on 31 Mar 2023.
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