Sterlite Grid 18 Limited

Develops and maintains power transmission systems on a BOOM basis.

2019 | Dadra & Nagar Haveli, Dadra & Nagar Haveli (India) | Active
Last Updated: November 16, 2024

Sterlite Grid 18 Profile

Key Indicators

  • Authorised Capital ₹ 126.12 Cr
  • Paid Up Capital ₹ 125.72 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,680.00 Cr
  • Satisfied Charges ₹ 1,417.00 Cr
  • Revenue Growth 46.84%
  • Profit Growth -0.46%
  • Ebitda 63.88%
  • Net Worth -63.23%
  • Total Assets 41.56%

About Sterlite Grid 18

Sterlite Grid 18 Limited (SG1L) is a Public Limited Indian Non-Government Company incorporated in India on 01 February 2019 (Five years and 11 months 30 days old ). Its registered office is in Dadra & Nagar Haveli, Dadra & Nagar Haveli, 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 126.12 Cr and a paid-up capital of Rs 125.72 Cr.

The company currently has active open charges totaling ₹3,680.00 Cr. The company has closed loans amounting to ₹1,417.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterlite Grid 18 Limited India are Ankul Baranwal as CFO and Nikita Gupta as Company Secretary. Ruhi Pande, Georgeraji, and Amit Ramnani serve as directors at the Company.

Company Details

  • Location

    Dadra & Nagar Haveli, Dadra & Nagar Haveli, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29110DN2019PLC005565

  • Company No.

    005565

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Sterlite Grid 18?

Executive Team (2)

NameDesignationAppointment DateStatus
Ankul Baranwal CFO18-Oct-2024Current
Nikita Gupta Company Secretary12-Aug-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Ruhi Pande Country flag representing In Director 13-May-2024Current
Georgeraji Country flag representing In Director 22-Aug-2023Current
Amit Ramnani Country flag representing In Director 26-Jun-2024Current

Financial Performance of Sterlite Grid 18.

Sterlite Grid 18 Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.84% increase. The company also saw a slight decrease in profitability, with a 0.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 63.23%.

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
46.84%
Revenue from Operations
Total Assets
41.56%
Profit or Loss
-0.46%
Net Worth
-63.23%
EBITDA
63.88%

What is the Ownership and Shareholding Structure of Sterlite Grid 18?

In 2023, Sterlite Grid 18 had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,680.00 Cr

Satisfied Charges

₹1,417.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 3680.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2023Others₹1,840.00 CrOpen
22 Dec 2023Others₹1,840.00 CrOpen
16 Jan 2020Others₹1,417.00 CrSatisfied

How Many Employees Work at Sterlite Grid 18?

Unlock and access historical data on people associated with Sterlite Grid 18, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterlite Grid 18, 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 Sterlite Grid 18'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 Sterlite Grid 18

Recent activity within the organization

  • Director Appointment

    Ankul Baranwal was appointed as a Cfo was appointed as a Cfo on 18 Oct 2024 & has been associated with this company since 3 months 14 days .

    18 Oct 2024

  • Annual General Meeting

    Sterlite Grid 18 Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 1,840.00 Cr registered on 22 Dec 2023 with Charge ID 100846173 was modified on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Others of Rs. 1,840.00 Cr registered on 22 Dec 2023 with Charge ID 100863240 was modified on 27 Sep 2024.

    27 Sep 2024

  • Director Appointment

    Amit Ramnani was appointed as a Director was appointed as a Director on 26 Jun 2024 & has been associated with this company since 7 months 6 days .

    26 Jun 2024

  • Director Appointment

    Ruhi Pande was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 8 months 19 days .

    13 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sterlite Grid 18 Limited was incorporated on 01 Feb 2019.

  • The authorized share capital of Sterlite Grid 18 Limited is ₹ 126.12 Cr and paid-up capital is ₹ 125.72 Cr.

  • Currently 5 directors are associated with Sterlite Grid 18 Limited.

    • Ruhi Pande
    • Georgeraji
    • Amit Ramnani
    • Ankul Baranwal
    • Nikita Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterlite Grid 18 Limited is Survey No. 99 Madhuban Dam Road Village Rakholi, Dadra Nagar Haveli India, Silvassa, Dadra & Nagar Haveli, 396230.

  • The corporate identification number (CIN) of Sterlite Grid 18 Limited is U29110DN2019PLC005565 and the company number is 005565 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterlite Grid 18 Limited is https://www.sterlitepower.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterlite Grid 18 Limited has risen by 46.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterlite Grid 18 Limited has experienced an downturn of -63.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterlite Grid 18 Limited amount to ₹ 3,680.00 Cr.

  • The most recent Balance Sheet for Sterlite Grid 18 Limited was filed with the ROC on 31 Mar 2024.

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