Uttar Gujarat Vij Company Limited

Power distribution in dedicated areas of Gujarat with 7,300 employees.

2003 | Mahesana, Gujarat (India) | Active
Last Updated: November 16, 2024

Uttar Gujarat Vij Company Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 776.20 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 495.25 Cr
  • Satisfied Charges ₹ 821.22 Cr
  • Revenue Growth 20.75%
  • Profit Growth -52.34%
  • Ebitda -47.35%
  • Net Worth 13.76%
  • Total Assets 11.48%

About Uttar Gujarat Vij Company

Uttar Gujarat Vij Company Limited (UGVCL) is a leading Public Limited State Government Company incorporated in India on 15 September 2003 and has a history of 21 years and five months. Its registered office is in Mahesana, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1,500.00 Cr and a paid-up capital of Rs 776.20 Cr.

The company currently has active open charges totaling ₹495.25 Cr. The company has closed loans amounting to ₹821.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Uttar Gujarat Vij Company Limited India are Nitinkumar Joshi as COMPANY SECRETARY and Rajendra Jain as Cfo. Deepti Sharma, Kamlesh Jangid, Jai Shivahare, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ugvcl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40102GJ2003SGC042906

  • Company No.

    042906

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    15 Sep 2003

  • Date of AGM

    18 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Uttar Gujarat Vij Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Arun Babu Country flag representing In Managing Director05-Apr-2023Current
Nitinkumar Joshi Country flag representing In Company Secretary01-May-2004Current
Rajendra Jain CFO31-Aug-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Kiran Vasudev Country flag representing In Director 15-Jul-2024Current
Jai Shivahare Country flag representing In Nominee Director 04-Mar-2022Current
Deepti Sharma Country flag representing In Director 29-Jan-2024Current
Kamlesh Jangid Country flag representing In Nominee Director 18-Jan-2023Current
Shweta Teotia Country flag representing In Nominee Director 08-Oct-2024Current
Ankitaben Christiyan Country flag representing In Nominee Director 08-Oct-2024Current

Financial Performance of Uttar Gujarat Vij Company.

Uttar Gujarat Vij Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.75% increase. The company also saw a substantial fall in profitability, with a 52.34% decrease in profit. The company's net worth Soared by an impressive increase of 13.76%.

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
20.75%
Revenue from Operations
20.13%
Total Assets
11.48%
Profit or Loss
-52.34%
Net Worth
13.76%
EBITDA
-47.35%

What is the Ownership and Shareholding Structure of Uttar Gujarat Vij Company?

In 2023, Uttar Gujarat Vij Company 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

₹495.25 Cr

Satisfied Charges

₹821.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 495.25 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2007Others₹495.25 CrOpen
11 May 2015Power Finance Corporation Limited₹17.14 CrSatisfied
09 Mar 2011Power Finance Corporation Limited₹33.82 CrSatisfied
16 Sep 2010Power Finance Corporation Limited₹6.15 CrSatisfied
28 Aug 2009Power Finance Corporation Limited₹35.31 CrSatisfied

How Many Employees Work at Uttar Gujarat Vij Company?

Unlock and access historical data on people associated with Uttar Gujarat Vij Company, 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 Uttar Gujarat Vij Company, 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 Uttar Gujarat Vij Company'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 Uttar Gujarat Vij Company

Recent activity within the organization

  • Director Appointment

    Shweta Teotia was appointed as a Nominee Director was appointed as a Nominee Director on 08 Oct 2024 & has been associated with this company since 4 months 14 days .

    08 Oct 2024

  • Director Appointment

    Ankitaben Rameshbhai Christiyan was appointed as a Nominee Director was appointed as a Nominee Director on 08 Oct 2024 & has been associated with this company since 4 months 14 days .

    08 Oct 2024

  • Director Appointment

    Kiran Oberoi Vasudev was appointed as a Director was appointed as a Director on 15 Jul 2024 & has been associated with this company since 7 months 7 days .

    15 Jul 2024

  • Director Appointment

    Deepti Sharma was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 22 days .

    29 Jan 2024

  • Director Appointment

    Gopal Krishna Sarangi was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 22 days .

    29 Jan 2024

  • Annual General Meeting

    Uttar Gujarat Vij Company Limited last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.

    18 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Uttar Gujarat Vij Company Limited was incorporated on 15 Sep 2003.

  • The authorized share capital of Uttar Gujarat Vij Company Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 776.20 Cr.

  • Currently 10 directors are associated with Uttar Gujarat Vij Company Limited.

    • Deepti Sharma
    • Kamlesh Kumar Jangid
    • Jai Prakash Shivahare
    • Arun Mahesh Babu
    • Kiran Oberoi Vasudev
    • Shweta Teotia
    • Ankitaben Rameshbhai Christiyan
    • Gopal Krishna Sarangi
    • Nitinkumar M Joshi
    • Rajendra Mahavirkumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Uttar Gujarat Vij Company Limited is Visnagar Road India, Mahsana, Gujarat, 384001.

  • The corporate identification number (CIN) of Uttar Gujarat Vij Company Limited is U40102GJ2003SGC042906 and the company number is 042906 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Uttar Gujarat Vij Company Limited is https://www.ugvcl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Uttar Gujarat Vij Company Limited has risen by 20.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Uttar Gujarat Vij Company Limited has experienced an upsurge of 13.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Uttar Gujarat Vij Company Limited amount to ₹ 495.25 Cr.

  • The most recent Balance Sheet for Uttar Gujarat Vij Company Limited was filed with the ROC on 31 Mar 2023.

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