Punjab State Transmission Corporation Limited

Power transmission and load dispatch for state electricity board and private power generating units.

2010 | Patiala, Punjab (India) | Active
Last Updated: November 16, 2024

Punjab State Transmission Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3,000.00 Cr
  • Paid Up Capital ₹ 605.88 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9,165.31 Cr
  • Satisfied Charges ₹ 555.72 Cr
  • Revenue Growth 7.60%
  • Profit Growth -52.86%
  • Ebitda -14.20%
  • Net Worth 3.31%
  • Total Assets 2.62%

About Punjab State Transmission Corporation

Punjab State Transmission Corporation Limited (PSTCL) is a leading Public Limited State Government Company incorporated in India on 16 April 2010 and has a history of 14 years and nine months. Its registered office is in Patiala, Punjab, 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 3,000.00 Cr and a paid-up capital of Rs 605.88 Cr.

The company currently has active open charges totaling ₹9,165.31 Cr. The company has closed loans amounting to ₹555.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab State Transmission Corporation Limited India are Sumit Bansal as CFO and Sahil Pandey as Company Secretary. Vardeep Maunder, Vinod Bansal, Ajoy Sinha, and Two other members serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109PB2010SGC033814

  • Company No.

    033814

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    16 Apr 2010

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Energy and Power

Who are the key members and board of directors at Punjab State Transmission Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Sumit Bansal CFO04-Mar-2024Current
Sahil Pandey Country flag representing In Company Secretary09-Apr-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Vardeep Maunder Country flag representing In Whole-Time Director 01-Feb-2023Current
Vinod Bansal Country flag representing In Whole-Time Director 24-Oct-2019Current
Ajoy Sinha Country flag representing In Nominee Director 18-Jul-2022Current
Nem Chand Country flag representing In Whole-Time Director 12-Jul-2023Current
Gurpreet Sapra Country flag representing In Director 23-Jan-2024Current

Financial Performance of Punjab State Transmission Corporation.

Punjab State Transmission Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.6% increase. The company also saw a substantial fall in profitability, with a 52.86% decrease in profit. The company's net worth moved up by a moderate rise of 3.31%.

Graph illustrating revenue growth over time
Graph showing 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
7.60%
Revenue from Operations
8.27%
Total Assets
2.62%
Profit or Loss
-52.86%
Net Worth
3.31%
EBITDA
-14.20%

What is the Ownership and Shareholding Structure of Punjab State Transmission Corporation?

In 2023, Punjab State Transmission Corporation 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)

Open Charges

₹9,165.31 Cr

Satisfied Charges

₹555.72 Cr

Charges Breakdown by Lending Institutions

  • Others : 5345.59 Cr
  • Rural Electrification Corporation Limited : 3152.38 Cr
  • State Bank Of India : 350.00 Cr
  • National Bank For Agriculture And Rural Developmentt : 201.17 Cr
  • National Bank For Agriculture And Rural Development : 116.17 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2024Others₹40.42 CrOpen
04 Sep 2024Others₹450.00 CrOpen
07 Nov 2023Others₹248.63 CrOpen
31 Jan 2023Others₹338.54 CrOpen
10 Nov 2022Others₹17.14 CrOpen

How Many Employees Work at Punjab State Transmission Corporation?

Punjab State Transmission Corporation has a workforce of 26 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab State Transmission 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 Transmission Corporation'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 Punjab State Transmission Corporation

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 40.42 Cr with Charge ID 100984961 was registered on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 450.00 Cr with Charge ID 100982332 was registered on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge registered on 29 Jun 2022 via Charge ID 100593511 with Others was fully satisfied on 22 Mar 2024.

    22 Mar 2024

  • Director Appointment

    Sumit Bansal was appointed as a Cfo was appointed as a Cfo on 04 Mar 2024 & has been associated with this company since 10 months 28 days .

    04 Mar 2024

  • Director Appointment

    Gurpreet Kaur Sapra was appointed as a Director was appointed as a Director on 23 Jan 2024 & has been associated with this company since 1 year 8 days .

    23 Jan 2024

  • Charges

    A charge with State Bank Of India of Rs. 350.00 Cr registered on 12 Jul 2011 with Charge ID 10300123 was modified on 20 Nov 2023.

    20 Nov 2023

Frequently asked questions

  • Punjab State Transmission Corporation Limited was incorporated on 16 Apr 2010.

  • The authorized share capital of Punjab State Transmission Corporation Limited is ₹ 3,000.00 Cr and paid-up capital is ₹ 605.88 Cr.

  • Currently 7 directors are associated with Punjab State Transmission Corporation Limited.

    • Sumit Bansal
    • Vardeep Singh Maunder
    • Sahil Pandey
    • Vinod Bansal
    • Ajoy Kumar Sinha
    • Nem Chand
    • Gurpreet Kaur Sapra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab State Transmission Corporation Limited is Pseb, Head Office The Mall India, Patiala, Punjab, 147001.

  • The corporate identification number (CIN) of Punjab State Transmission Corporation Limited is U40109PB2010SGC033814 and the company number is 033814 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab State Transmission Corporation Limited is https://www.pstcl.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Punjab State Transmission Corporation Limited has risen by 7.60%.

  • As Per 2023 financial reports, 26 employees are currently employed by Punjab State Transmission Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Punjab State Transmission Corporation Limited has experienced an upsurge of 3.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Punjab State Transmission Corporation Limited amount to ₹ 9,165.31 Cr.

  • The most recent Balance Sheet for Punjab State Transmission Corporation Limited was filed with the ROC on 31 Mar 2023.

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