Punjab State Power Corporation Profile
Key Indicators
- Authorised Capital ₹ 30,000.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 21,709.73 Cr
as on 16-11-2024
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18,881.61 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2,643.04 Cr
as on 16-11-2024
- Revenue 8.86%
(FY 2023)
- Profit -546.68%
(FY 2023)
- Ebitda -327.85%
(FY 2023)
- Net Worth -19.20%
(FY 2023)
- Total Assets -1.68%
(FY 2023)
About Punjab State Power Corporation
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 30,000.00 Cr and a paid-up capital of Rs 21,709.73 Cr.
The company currently has active open charges totaling ₹18,881.61 Cr. The company has closed loans amounting to ₹2,643.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Punjab State Power Corporation Limited India are Jaspal Dhanjal as COMPANY SECRETARY and Sudhir Kumar as Cfo. Jaspreet Talwar, Ajoy Sinha, Parmjeet Singh, and Six other members serve as directors at the Company.
- CIN/LLPIN
U40109PB2010SGC033813
- Company No.
033813
- Company Classification
Public Limited State Government Company
- Incorporation Date
16 Apr 2010
- Date of AGM
01 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Patiala, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Punjab State Power Corporation Limited offer?
Punjab State Power Corporation Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Engineering Project.
Who are the key members and board of directors at Punjab State Power Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Baldev Singh  | Managing Director | 23-Dec-2021 | Current |
| Jaspal Dhanjal | Company Secretary | 27-Apr-2010 | Current |
| Sudhir Kumar | CFO | 15-Feb-2024 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jaspreet Talwar | Nominee Director | 09-Nov-2024 | Current |
| Ajoy Sinha | Nominee Director | 04-Aug-2022 | Current |
| Parmjeet Singh | Whole-Time Director | 26-Oct-2020 | Current |
| Tejveer Singh | Nominee Director | 20-May-2022 | Current |
| Daljit Grewal | Whole-Time Director | 12-Jun-2020 | Current |
| Surinder Beri | Whole-Time Director | 13-Sep-2022 | Current |
Financial Performance of Punjab State Power Corporation.
Punjab State Power Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.86% increase. The company also saw a substantial fall in profitability, with a 546.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Punjab State Power Corporation?
In 2023, Punjab State Power Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Punjab Municipal Infrastructure Development CompanyActive 15 years 10 monthsAjoy Sinha and Tejveer Singh are mutual person
Gvk Power (Goindwal Sahib) LimitedActive 27 years 1 monthParmjeet Singh, Surinder Beri and 1 more are mutual person
Punjab State Industrial Development Corpn LimitedActive 58 years 11 monthsTejveer Singh is a mutual person
Punjab Rural Water UtilityActive 2 years 10 monthsJaspreet Talwar and Daljit Grewal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Aug 2024 | ₹1,440.00 Cr | Open |
Others Creation Date: 04 Sep 2023 | ₹495.00 Cr | Open |
State Bank Of India Creation Date: 14 Feb 2023 | ₹500.00 Cr | Open |
How Many Employees Work at Punjab State Power Corporation?
Punjab State Power Corporation has a workforce of 130 employees as of Mar 29, 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 Punjab State Power Corporation, 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 Punjab State Power Corporation'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.
