Sipat Transmission Limited

Specializes in efficient power transmission system network development, construction, and maintenance.

2014 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Sipat Transmission Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 44.00 Cr
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 533.75 Cr
  • Satisfied Charges ₹ 461.00 Cr
  • Revenue Growth -1.84%
  • Profit Growth -11.17%
  • Ebitda -3.63%
  • Net Worth 0.03%
  • Total Assets 4.25%

About Sipat Transmission

Sipat Transmission Limited (STL) is a leading Public Limited Union Government Company incorporated in India on 23 December 2014 and has a history of Ten years and two months. Its registered office is in Gandhi Nagar, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 44.00 Cr.

The company currently has active open charges totaling ₹533.75 Cr. The company has closed loans amounting to ₹461.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sipat Transmission Limited India are Pritesh Shah as COMPANY SECRETARY and Rakesh Darji as Cfo. Jigar Thakkar, Nihar Raj, and Sanjay Bhatt serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300GJ2014GOI094190

  • Company No.

    094190

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    23 Dec 2014

  • Date of AGM

    22 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power
Company report

Sipat Transmission Limited

Explore comprehensive data for Sipat Transmission Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sipat Transmission?

Executive Team (2)

NameDesignationAppointment DateStatus
Pritesh Shah Country flag representing In Company Secretary30-Mar-2019Current
Rakesh Darji Country flag representing In CFO30-Mar-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Jigar Thakkar Country flag representing In Director 24-Oct-2019Current
Nihar Raj Country flag representing In Director 06-Dec-2021Current
Sanjay Bhatt Country flag representing In Whole-Time Director 24-Jun-2020Current

Financial Performance of Sipat Transmission.

Sipat Transmission Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.84% decrease. The company also saw a substantial fall in profitability, with a 11.17% decrease in profit. The company's net worth moved up by a moderate rise of 0.03%.

Sipat Transmission revenue growth over time
Sipat Transmission 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
-1.84%
Revenue from Operations
-1.06%
Total Assets
4.25%
Profit or Loss
-11.17%
Net Worth
0.03%
EBITDA
-3.63%

What is the Ownership and Shareholding Structure of Sipat Transmission?

In 2023, Sipat Transmission 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

₹533.75 Cr

Satisfied Charges

₹461.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 533.75 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2021Others₹533.75 CrOpen
20 Feb 2017Others₹461.00 CrSatisfied

How Many Employees Work at Sipat Transmission?

Sipat Transmission has a workforce of 3 employees as of Apr 04, 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.

Employee growth trends for Sipat Transmission Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sipat Transmission, 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 Sipat Transmission'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 Sipat Transmission

Recent activity within the organization

  • Annual General Meeting

    Sipat Transmission Limited last Annual general meeting of members was held on 22 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Sipat Transmission Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Nihar Sundar Raj was appointed as a Director was appointed as a Director on 06 Dec 2021 & has been associated with this company since 3 years 3 months .

  • Charges

    A charge with Others amounted to Rs. 533.75 Cr with Charge ID 100483262 was registered on 06 Sep 2021.

  • Director Appointment

    Sanjay Bhatt was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Jun 2020 & has been associated with this company since 4 years 8 months .

  • Charges

    A charge registered on 20 Feb 2017 via Charge ID 100080118 with Others was fully satisfied on 09 Apr 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Sipat Transmission Limited?

    Sipat Transmission Limited was incorporated on 23 Dec 2014.

  • What is authorized share capital and paid-up capital of Sipat Transmission Limited?

    The authorized share capital of Sipat Transmission Limited is ₹ 50.00 Cr and paid-up capital is ₹ 44.00 Cr.

  • Who are the current board members & directors of Sipat Transmission Limited?

    Currently 5 directors are associated with Sipat Transmission Limited.

    • Jigar Maneklal Thakkar
    • Nihar Sundar Raj
    • Pritesh Mahendrakumar Shah
    • Rakesh Sitaram Darji
    • Sanjay Bhatt
  • What is the registered address of Sipat Transmission Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sipat Transmission Limited is Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar India, Ahmedabad, Gujarat, 382421.

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

    The corporate identification number (CIN) of Sipat Transmission Limited is U40300GJ2014GOI094190 and the company number is 094190 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sipat Transmission Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sipat Transmission Limited has fallen by -1.84%.

  • How many employees does Sipat Transmission Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Sipat Transmission Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sipat Transmission Limited has experienced an upsurge of 0.03%.

  • What are the total open charges for Sipat Transmission Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sipat Transmission Limited amount to ₹ 533.75 Cr.

  • When was the last Balance Sheet of Sipat Transmission Limited filed with the ROC?

    The most recent Balance Sheet for Sipat Transmission Limited was filed with the ROC on 31 Mar 2024.

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