Sterlite Grid 29 Limited

Power transmission system development, ownership, operation, and maintenance.

2019 | Dadra & Nagar Haveli, Dadra & Nagar Haveli (India) | Active
Last Updated: December 12, 2024

Sterlite Grid 29 Profile

Key Indicators

  • Authorised Capital ₹ 83.22 Cr
  • Paid Up Capital ₹ 80.14 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,635.72 Cr
  • Satisfied Charges ₹ 2,100.00 Cr
  • Revenue Growth 4100.00%
  • Profit Growth -9837.88%
  • Ebitda -302.72%
  • Net Worth 25217.01%
  • Total Assets 375637.63%

About Sterlite Grid 29

Sterlite Grid 29 Limited (SG2L) is a Public Limited Indian Non-Government Company incorporated in India on 26 March 2019 (Five years and 11 months 0 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 83.22 Cr and a paid-up capital of Rs 80.14 Cr.

The company currently has active open charges totaling ₹2,635.72 Cr. The company has closed loans amounting to ₹2,100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterlite Grid 29 Limited India are Neeraj Avlash as CFO and Nishant Talreja 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

  • Website

    sterlite.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100DN2019PLC005578

  • Company No.

    005578

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 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 29?

Executive Team (2)

NameDesignationAppointment DateStatus
Neeraj Avlash CFO18-Apr-2023Current
Nishant Talreja Company Secretary18-Sep-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Ruhi Pande Country flag representing In Director 21-Apr-2024Current
Georgeraji Country flag representing In Director 22-Aug-2023Current
Amit Ramnani Country flag representing In Director 31-May-2024Current

Financial Performance of Sterlite Grid 29.

Sterlite Grid 29 Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 4100% increase. The company also saw a substantial fall in profitability, with a 9837.88% decrease in profit. The company's net worth Soared by an impressive increase of 25217.01%.

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
4100.00%
Revenue from Operations
Total Assets
375637.63%
Profit or Loss
-9837.88%
Net Worth
25217.01%
EBITDA
-302.72%

What is the Ownership and Shareholding Structure of Sterlite Grid 29?

In 2022, Sterlite Grid 29 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

₹2,635.72 Cr

Satisfied Charges

₹2,100.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 2635.72 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2023Others₹1,317.86 CrOpen
22 Feb 2023Others₹1,317.86 CrOpen
26 Aug 2022Others₹350.00 CrSatisfied
26 Aug 2022Others₹350.00 CrSatisfied
26 Aug 2022Others₹350.00 CrSatisfied

How Many Employees Work at Sterlite Grid 29?

Sterlite Grid 29 has a workforce of 1 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.

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 29, 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 29'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 29

Recent activity within the organization

  • Annual General Meeting

    Sterlite Grid 29 Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Nishant Talreja was appointed as a Company Secretary was appointed as a Company Secretary on 18 Sep 2024 & has been associated with this company since 5 months 6 days .

    18 Sep 2024

  • Charges

    A charge with Others of Rs. 1,317.86 Cr registered on 22 Feb 2023 with Charge ID 100687810 was modified on 24 Jul 2024.

    24 Jul 2024

  • Director Appointment

    Amit Ramnani was appointed as a Director was appointed as a Director on 31 May 2024 & has been associated with this company since 8 months 24 days .

    31 May 2024

  • Director Appointment

    Ruhi Pande was appointed as a Director was appointed as a Director on 21 Apr 2024 & has been associated with this company since 10 months 3 days .

    21 Apr 2024

  • Balance Sheet

    Sterlite Grid 29 Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sterlite Grid 29 Limited was incorporated on 26 Mar 2019.

  • The authorized share capital of Sterlite Grid 29 Limited is ₹ 83.22 Cr and paid-up capital is ₹ 80.14 Cr.

  • Currently 5 directors are associated with Sterlite Grid 29 Limited.

    • Ruhi Pande
    • Georgeraji
    • Neeraj Avlash
    • Nishant Talreja
    • Amit Ramnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterlite Grid 29 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 29 Limited is U40100DN2019PLC005578 and the company number is 005578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterlite Grid 29 Limited is https://www.sterlite.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sterlite Grid 29 Limited has been consistent by 4100.00%.

  • As Per 2022 financial reports, 1 employees are currently employed by Sterlite Grid 29 Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sterlite Grid 29 Limited has experienced an upsurge of 25217.01%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sterlite Grid 29 Limited amount to ₹ 2,635.72 Cr.

  • The most recent Balance Sheet for Sterlite Grid 29 Limited was filed with the ROC on 31 Mar 2024.

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