Udupi Power Corporation Limited

Operates 1,200 MW thermal power project in Karnataka with long-term PPAs.

1996 | Gandhi Nagar, Gujarat (India) | Merged
Last Updated: January 15, 2025

Udupi Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 1,934.20 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 14,699.69 Cr
  • Revenue Growth 6.93%
  • Profit Growth 99.37%
  • Ebitda 2.75%
  • Net Worth 9.89%
  • Total Assets 6.20%

About Udupi Power Corporation

Udupi Power Corporation Limited (UPCL) is Amalgamated company established on 23 Feb 1996 with its office registered at Gandhi Nagar, Gujarat, India and has been running since 28 Year, 11 Months with a paid up capital of 1,934.20 Cr. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ1996PLC125650

  • Company No.

    019918

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1996

  • Date of AGM

    27 Jul 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Udupi Power Corporation Limited offer?

Udupi Power Corporation Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Power Plants, Power Plants & Spare Parts, Coal-Fired Power Plants, Electrical & Signaling Contractors, Power Engineering Service, Turnkey Consultants & Solutions, Engineering Project.

Who are the key members and board of directors at Udupi Power Corporation?

Board Members (3)

NameDesignationAppointment DateStatus
Chandra Iyengar Country flag representing In Additional Director 11-Nov-2022Current
Jayadeb Nanda Country flag representing In Director 20-Apr-2015Current
Arindam Chatterjee Country flag representing In Whole-Time Director 01-Aug-2022Current

Financial Performance of Udupi Power Corporation.

Udupi Power Corporation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.93% increase. The company also saw a substantial improvement in profitability, with a 99.37% increase in profit. The company's net worth moved up by a moderate rise of 9.89%.

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
6.93%
Revenue from Operations
5.90%
Total Assets
6.20%
Profit or Loss
99.37%
Net Worth
9.89%
EBITDA
2.75%

What is the Ownership and Shareholding Structure of Udupi Power Corporation?

In 2022, Udupi Power Corporation 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

₹14,699.69 Cr

Charges Breakdown by Lending Institutions

  • Power Finance Corporation Limited : 7030.85 Cr
  • Sbicap Trustee Company Limited : 4908.84 Cr
  • Bank Of India : 1470.00 Cr
  • Icici Bank Limited : 290.00 Cr
  • Bank Of Baroda : 260.00 Cr
  • Others : 740.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2020Sbicap Trustee Company Limited₹20.00 CrSatisfied
24 Aug 2020Sbicap Trustee Company Limited₹42.00 CrSatisfied
21 Dec 2016Sbicap Trustee Company Limited₹4,846.84 CrSatisfied
29 Dec 2014Bank Of India₹30.00 CrSatisfied
11 Apr 2014Idfc Limited₹50.00 CrSatisfied

How Many Employees Work at Udupi Power Corporation?

Udupi Power Corporation has a workforce of 306 employees as of Apr 05, 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 Udupi Power Corporation, 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 Udupi Power Corporation'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 Udupi Power Corporation

Recent activity within the organization

  • Director Appointment

    Chandra Iyengar was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2022 & has been associated with this company since 2 years 2 months .

    11 Nov 2022

  • Director Appointment

    Arindam Chatterjee was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

  • Annual General Meeting

    Udupi Power Corporation Limited last Annual general meeting of members was held on 27 Jul 2022 as per latest MCA records.

    27 Jul 2022

  • Balance Sheet

    Udupi Power Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Charges

    A charge registered on 24 Aug 2020 via Charge ID 100365682 with Sbicap Trustee Company Limited was fully satisfied on 19 May 2021.

    19 May 2021

  • Charges

    A charge registered on 31 Aug 2020 via Charge ID 100366728 with Sbicap Trustee Company Limited was fully satisfied on 25 Feb 2021.

    25 Feb 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Udupi Power Corporation Limited was incorporated on 23 Feb 1996.

  • The authorized share capital of Udupi Power Corporation Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 1,934.20 Cr.

  • Currently 3 directors are associated with Udupi Power Corporation Limited.

    • Chandra Iyengar
    • Jayadeb Nanda
    • Arindam Chatterjee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Udupi Power Corporation Limited is Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway Khodiyar, India, Ahmedabad, Gujarat, 382421.

  • The corporate identification number (CIN) of Udupi Power Corporation Limited is U31909GJ1996PLC125650 and the company number is 019918 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Udupi Power Corporation Limited is https://www.adanipower.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Udupi Power Corporation Limited has risen by 6.93%.

  • As Per 2022 financial reports, 306 employees are currently employed by Udupi Power Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Udupi Power Corporation Limited has experienced an upsurge of 9.89%.

  • The most recent Balance Sheet for Udupi Power Corporation Limited was filed with the ROC on 31 Mar 2022.

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