Powergrid Varanasi Transmission System Limited

Specializes in power transmission system network construction, operation, and maintenance.

2017 | New Delhi, Delhi (India) | Active
Last Updated:

Powergrid Varanasi Transmission System Profile

Key Indicators

  • Authorised Capital ₹ 198.90 Cr
  • Paid Up Capital ₹ 187.56 Cr
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 53.24%
  • Profit Growth 44.66%
  • Ebitda 52.31%
  • Net Worth 0.43%
  • Total Assets -1.05%

About Powergrid Varanasi Transmission System

Powergrid Varanasi Transmission System Limited (PVTSL) is a Public Limited Union Government Company incorporated in India on 12 January 2017 (Eight years and one month 17 days old ). Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Powergrid Varanasi Transmission System 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 198.90 Cr and a paid-up capital of Rs 187.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Powergrid Varanasi Transmission System Limited India are Richi Mahajan as COMPANY SECRETARY and Sushil Verma as Cfo. Sangeeta Saxena, Anantha Boppudi, Ramesh Kumar, and Two other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    powergrid.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100DL2017GOI310478

  • Company No.

    310478

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    12 Jan 2017

  • Date of AGM

    12 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

Who are the key members and board of directors at Powergrid Varanasi Transmission System?

Executive Team (2)

NameDesignationAppointment DateStatus
Richi Mahajan Company Secretary21-Oct-2021Current
Sushil Verma CFO24-Jul-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sangeeta Saxena Country flag representing In Director 21-May-2020Current
Anantha Boppudi Country flag representing In Director 30-Nov-2020Current
Ramesh Kumar Country flag representing In Director 10-Oct-2022Current
Naveen Srivastava Country flag representing In Director 11-May-2023Current
Jiten Das Country flag representing In Additional Director 05-Feb-2024Current

Financial Performance of Powergrid Varanasi Transmission System.

Powergrid Varanasi Transmission System Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.24% increase. The company also saw a substantial improvement in profitability, with a 44.66% increase in profit. The company's net worth moved up by a moderate rise of 0.43%.

Powergrid Varanasi Transmission System revenue growth over time
Powergrid Varanasi Transmission System profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
53.24%
Revenue from Operations
51.36%
Total Assets
-1.05%
Profit or Loss
44.66%
Net Worth
0.43%
EBITDA
52.31%

What is the Ownership and Shareholding Structure of Powergrid Varanasi Transmission System?

In 2023, Powergrid Varanasi Transmission System had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Powergrid Varanasi Transmission System?

Unlock and access historical data on people associated with Powergrid Varanasi Transmission System, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Powergrid Varanasi Transmission System Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Powergrid Varanasi Transmission System, 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 Powergrid Varanasi Transmission System's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Powergrid Varanasi Transmission System

Recent activity within the organization

  • Director Appointment

    Jiten Das was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2024 & has been associated with this company since 1 year 25 days .

  • Annual General Meeting

    Powergrid Varanasi Transmission System Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records.

  • Director Appointment

    Naveen Srivastava was appointed as a Director was appointed as a Director on 11 May 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Powergrid Varanasi Transmission System Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Ramesh Kumar was appointed as a Director was appointed as a Director on 10 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Anantha Sarma Boppudi was appointed as a Director was appointed as a Director on 30 Nov 2020 & has been associated with this company since 4 years 3 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Powergrid Varanasi Transmission System Limited?

    Powergrid Varanasi Transmission System Limited was incorporated on 12 Jan 2017.

  • What is authorized share capital and paid-up capital of Powergrid Varanasi Transmission System Limited?

    The authorized share capital of Powergrid Varanasi Transmission System Limited is ₹ 198.90 Cr and paid-up capital is ₹ 187.56 Cr.

  • Who are the current board members & directors of Powergrid Varanasi Transmission System Limited?

    Currently 7 directors are associated with Powergrid Varanasi Transmission System Limited.

    • Sangeeta Saxena
    • Anantha Sarma Boppudi
    • Ramesh Kumar
    • Naveen Srivastava
    • Jiten Das
    • Richi Mahajan
    • Sushil Kumar Verma

  • What is the registered address of Powergrid Varanasi Transmission System Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Powergrid Varanasi Transmission System Limited is B-9 Qutab Institutional Area Katwaria Sarai, New Delhi, India, 110016.

  • What is the corporate identification number (CIN) and company number of Powergrid Varanasi Transmission System Limited?

    The corporate identification number (CIN) of Powergrid Varanasi Transmission System Limited is U40100DL2017GOI310478 and the company number is 310478 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Powergrid Varanasi Transmission System Limited?

    The Official website of Powergrid Varanasi Transmission System Limited is https://www.powergrid.in

  • What has been the recent revenue trend for Powergrid Varanasi Transmission System Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Powergrid Varanasi Transmission System Limited has risen by 53.24%.

  • What change has been observed in the net worth of Powergrid Varanasi Transmission System Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Powergrid Varanasi Transmission System Limited has experienced an upsurge of 0.43%.

  • When was the last Balance Sheet of Powergrid Varanasi Transmission System Limited filed with the ROC?

    The most recent Balance Sheet for Powergrid Varanasi Transmission System Limited was filed with the ROC on 31 Mar 2023.

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