Torrent Power Grid Limited

Joint venture constructing and operating high voltage transmission system for power evacuation in Gujarat.

2005 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Torrent Power Grid Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 90.00 Cr
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 244.00 Cr
  • Revenue Growth -7.66%
  • Profit Growth -4.41%
  • Ebitda -6.74%
  • Net Worth -1.01%
  • Total Assets -15.26%

About Torrent Power Grid

Torrent Power Grid Limited (TPGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 August 2005 and has a history of 19 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Torrent 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 2024. It's a company limited by shares with an authorized capital of Rs 250.00 Cr and a paid-up capital of Rs 90.00 Cr.

The company has closed loans amounting to ₹244.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Torrent Power Grid Limited India are Nayank Dave as CFO and Darshan Soni as Company Secretary. Sudhir Prasad, Naimesh Vinodchandra, Deepak Singh, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    torrentpower.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40104GJ2005PLC046660

  • Company No.

    046660

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2005

  • Date of AGM

    27 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Torrent Power Grid Limited offer?

Torrent Power Grid Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Work.

Who are the key members and board of directors at Torrent Power Grid?

Executive Team (3)

NameDesignationAppointment DateStatus
Pramod Patel Country flag representing In Managing Director30-May-2023Current
Nayank Dave CFO08-May-2019Current
Darshan Soni Country flag representing In Company Secretary09-Jun-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Sudhir Prasad Country flag representing In Director 19-May-2023Current
Naimesh Vinodchandra Country flag representing In Director 21-Aug-2019Current
Deepak Singh Country flag representing In Director 09-Jun-2022Current
Luna Pal Country flag representing In Director 30-Jan-2024Current
Animesh Mehta Country flag representing In Director 01-Apr-2021Current
Thiruchitrambalam Krishnakumar Country flag representing In Director 28-Oct-2022Current

Financial Performance of Torrent Power Grid.

Torrent Power Grid Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.66% decrease. The company also saw a slight decrease in profitability, with a 4.41% decrease in profit. The company's net worth dipped by a decrease of 1.01%.

Torrent Power Grid revenue growth over time
Torrent Power Grid 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
-7.66%
Revenue from Operations
-7.63%
Total Assets
-15.26%
Profit or Loss
-4.41%
Net Worth
-1.01%
EBITDA
-6.74%

What is the Ownership and Shareholding Structure of Torrent Power Grid?

In 2021, Torrent Power Grid 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

₹0

Satisfied Charges

₹244.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 244.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2009Bank Of Baroda₹244.00 CrSatisfied

How Many Employees Work at Torrent Power Grid?

Torrent Power Grid has a workforce of 7 employees as of Mar 28, 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 Torrent Power Grid Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torrent Power Grid, 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 Torrent Power Grid'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 Torrent Power Grid

Recent activity within the organization

  • Annual General Meeting

    Torrent Power Grid Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Luna Tapan Pal was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Yatindra Dwivedi was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Pramod Govind Patel was appointed as a Managing Director was appointed as a Managing Director on 30 May 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Sudhir Prasad was appointed as a Director was appointed as a Director on 19 May 2023 & has been associated with this company since 1 year 9 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Torrent Power Grid Limited?

    Torrent Power Grid Limited was incorporated on 25 Aug 2005.

  • What is authorized share capital and paid-up capital of Torrent Power Grid Limited?

    The authorized share capital of Torrent Power Grid Limited is ₹ 250.00 Cr and paid-up capital is ₹ 90.00 Cr.

  • Who are the current board members & directors of Torrent Power Grid Limited?

    Currently 10 directors are associated with Torrent Power Grid Limited.

    • Sudhir Prasad
    • Naimesh Shah Vinodchandra
    • Deepak Kumar Singh
    • Luna Tapan Pal
    • Animesh Jyotindraray Mehta
    • Thiruchitrambalam Krishnakumar
    • Pramod Govind Patel
    • Yatindra Dwivedi
    • Nayank Bhupendra Dave
    • Darshan Hasmukhbhai Soni

  • What is the registered address of Torrent Power Grid Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Power Grid Limited is ''Samanvay'' 600 Tapovan, Ambawadi India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Torrent Power Grid Limited?

    The corporate identification number (CIN) of Torrent Power Grid Limited is U40104GJ2005PLC046660 and the company number is 046660 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Torrent Power Grid Limited?

    The Official website of Torrent Power Grid Limited is https://www.torrentpower.com

  • What has been the recent revenue trend for Torrent Power Grid Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Torrent Power Grid Limited has fallen by -7.66%.

  • How many employees does Torrent Power Grid Limited currently have?

    As Per 2022 financial reports, 7 employees are currently employed by Torrent Power Grid Limited.

  • What change has been observed in the net worth of Torrent Power Grid Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Torrent Power Grid Limited has experienced an downturn of -1.01%.

  • When was the last Balance Sheet of Torrent Power Grid Limited filed with the ROC?

    The most recent Balance Sheet for Torrent Power Grid Limited was filed with the ROC on 31 Mar 2024.

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