Sikkim Power Transmission Limited

JV constructing and maintaining interstate transmission line for hydroelectric power.

2006 | New Delhi (India) | Active
Last Updated: October 23, 2024

Sikkim Power Transmission Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 388.45 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 939.77 Cr
  • Satisfied Charges ₹ 1,627.82 Cr
  • Revenue Growth 5.14%
  • Profit Growth 201.86%
  • Ebitda 5.99%
  • Net Worth 11.03%
  • Total Assets -2.65%

About Sikkim Power Transmission

Sikkim Power Transmission Limited (SPTL) is a leading Public Limited State Government Company incorporated in India on 10 August 2006 and has a history of 18 years and five months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Teestavalley Power Transmission Limited. 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 500.00 Cr and a paid-up capital of Rs 388.45 Cr.

The company currently has active open charges totaling ₹939.77 Cr. The company has closed loans amounting to ₹1,627.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sikkim Power Transmission Limited India are Poonam Jain as COMPANY SECRETARY and Rajesh Garg as Cfo. Gopalam Adiseshu, Nirmal Agarwal, Dondla Prasad, and Five other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109DL2006SGC151871

  • Company No.

    151871

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    10 Aug 2006

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

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

Executive Team (2)

Name Designation Appointment Date Status
Poonam Jain Country flag representing In Company Secretary 01-Dec-2018 Current
Rajesh Garg CFO 16-Apr-2021 Current

Board Members (8)

Name Designation Appointment Date Status
Gopalam Adiseshu Country flag representing In Nominee Director 01-Feb-2022 Current
Nirmal Agarwal Country flag representing In Nominee Director 13-Feb-2024 Current
Dondla Prasad Country flag representing In Nominee Director 12-Aug-2021 Current
Yugesh Dixit Country flag representing In Whole-Time Director 14-Mar-2024 Current
Kumar Tyagi Country flag representing In Nominee Director 25-Jan-2024 Current
Ther Lepcha Country flag representing In Nominee Director 04-Nov-2023 Current

Financial Performance of Sikkim Power Transmission.

Sikkim Power Transmission Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.14% increase. The company also saw a substantial improvement in profitability, with a 201.86% increase in profit. The company's net worth Soared by an impressive increase of 11.03%.

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
5.14%
Revenue from Operations
4.87%
Total Assets
-2.65%
Profit or Loss
201.86%
Net Worth
11.03%
EBITDA
5.99%

What is the Ownership and Shareholding Structure of Sikkim Power Transmission?

In 2023, Sikkim Power 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

₹939.77 Cr

Satisfied Charges

₹1,627.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 939.77 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2022 Others ₹939.77 Cr Open
19 Sep 2019 Others ₹19.95 Cr Satisfied
28 Aug 2019 United Bank Of India ₹11.59 Cr Satisfied
09 Jul 2019 Others ₹20.52 Cr Satisfied
03 May 2018 Others ₹41.57 Cr Satisfied

How Many Employees Work at Sikkim Power Transmission?

Sikkim Power Transmission has a workforce of 52 employees as of Apr 01, 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 Sikkim Power 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 Sikkim Power 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 Sikkim Power Transmission

Recent activity within the organization

  • Director Appointment

    Alok Kumar Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 18 May 2024 & has been associated with this company since 8 months 15 days .

    18 May 2024

  • Director Appointment

    Yugesh Kumar Dixit was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Mar 2024 & has been associated with this company since 10 months 19 days .

    14 Mar 2024

  • Director Appointment

    Nirmal Agarwal was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2024 & has been associated with this company since 11 months 19 days .

    13 Feb 2024

  • Director Appointment

    Sonam Rinchen Bhutia was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2024 & has been associated with this company since 11 months 19 days .

    13 Feb 2024

  • Director Appointment

    Kumar Ravindra Tyagi was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jan 2024 & has been associated with this company since 1 year 7 days .

    25 Jan 2024

  • Annual General Meeting

    Sikkim Power Transmission Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

Frequently asked questions

  • Sikkim Power Transmission Limited was incorporated on 10 Aug 2006.

  • The authorized share capital of Sikkim Power Transmission Limited is ₹ 500.00 Cr and paid-up capital is ₹ 388.45 Cr.

  • Currently 10 directors are associated with Sikkim Power Transmission Limited.

    • Gopalam Adiseshu
    • Nirmal Agarwal
    • Dondla Nagendra Prasad
    • Yugesh Kumar Dixit
    • Kumar Ravindra Tyagi
    • Ther Tshering Lepcha
    • Sonam Rinchen Bhutia
    • Alok Kumar Sharma
    • Poonam Chand Jain
    • Rajesh Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sikkim Power Transmission Limited is B2/1A Safdarjung Enclave Africa Avenue India, Delhi, 110029.

  • The corporate identification number (CIN) of Sikkim Power Transmission Limited is U40109DL2006SGC151871 and the company number is 151871 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sikkim Power Transmission Limited is https://www.tvptl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sikkim Power Transmission Limited has risen by 5.14%.

  • As Per 2023 financial reports, 52 employees are currently employed by Sikkim Power Transmission Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sikkim Power Transmission Limited has experienced an upsurge of 11.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sikkim Power Transmission Limited amount to ₹ 939.77 Cr.

  • The most recent Balance Sheet for Sikkim Power Transmission Limited was filed with the ROC on 31 Mar 2023.

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