

Uttar Gujarat Vij Company Profile
Key Indicators
- Authorised Capital ₹ 1,500.00 Cr
- Paid Up Capital ₹ 776.20 Cr
- Company Age 21 Year, 7 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 seven 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
- 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
Who are the key members and board of directors at Uttar Gujarat Vij Company?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Arun Babu ![]() | Managing Director | 05-Apr-2023 | Current |
Nitinkumar Joshi ![]() | Company Secretary | 01-May-2004 | Current |
Rajendra Jain | CFO | 31-Aug-2021 | Current |
Board Members (7)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Kiran Vasudev ![]() | Director | 15-Jul-2024 | Current |
Jai Shivahare ![]() | Nominee Director | 04-Mar-2022 | Current |
Deepti Sharma ![]() | Director | 29-Jan-2024 | Current |
Kamlesh Jangid ![]() | Nominee Director | 18-Jan-2023 | Current |
Shweta Teotia ![]() | Nominee Director | 08-Oct-2024 | Current |
Ankitaben Christiyan ![]() | Nominee Director | 08-Oct-2024 | Current |
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%.


- Key Matrics
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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.

Related Corporates (Common Directorship)
- Tourism Corporation Of Gujarat Limited
Ankitaben Christiyan is a mutual person
- Paschim Gujarat Vij Company Limited
Kamlesh Jangid and Jai Shivahare are mutual person
- Madhya Gujarat Vij Company Limited
Kamlesh Jangid, Jai Shivahare and 1 more are mutual person
- Gujarat Water Resources Development Corporation Limited
Arun Babu is a mutual person
- Gujarat Urja Vikas Nigam Limited
Kamlesh Jangid, Jai Shivahare and 1 more are mutual person
- Gujarat State Electricity Corporation Limited
Kamlesh Jangid, Jai Shivahare and 1 more are mutual person
Charges (Loans)
₹495.25 Cr
₹821.22 Cr
Charges Breakdown by Lending Institutions
- Others : 495.25 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
14 Mar 2007 | Others | ₹495.25 Cr | Open |
11 May 2015 | Power Finance Corporation Limited | ₹17.14 Cr | Satisfied |
09 Mar 2011 | Power Finance Corporation Limited | ₹33.82 Cr | Satisfied |
16 Sep 2010 | Power Finance Corporation Limited | ₹6.15 Cr | Satisfied |
28 Aug 2009 | Power Finance Corporation Limited | ₹35.31 Cr | Satisfied |
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.

Deals i

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

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

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 6 months 7 days .
- 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 6 months 7 days .
- 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 9 months .
- 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 2 months .
- 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 2 months .
- 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.
Recent News, Updates & Announcement
- Adani Power cuts 1,250 MW power supply to GUVNL.
Adani Power Limited (APL) has discontinued 1,250 MW power supply to Gujarat Urja Vikas Nigam Limited (GUVNL) in a phased manner, since the last week of April..
Frequently asked questions
What is the Incorporation or founding date of Uttar Gujarat Vij Company Limited?
Uttar Gujarat Vij Company Limited was incorporated on 15 Sep 2003.
What is authorized share capital and paid-up capital of Uttar Gujarat Vij Company Limited?
The authorized share capital of Uttar Gujarat Vij Company Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 776.20 Cr.
Who are the current board members & directors of Uttar Gujarat Vij Company Limited?
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
What is the registered address of Uttar Gujarat Vij Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Uttar Gujarat Vij Company Limited is Visnagar Road India, Mahsana, Gujarat, 384001.
What is the corporate identification number (CIN) and company number of Uttar Gujarat Vij Company Limited?
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).
What is the official website of Uttar Gujarat Vij Company Limited?
The Official website of Uttar Gujarat Vij Company Limited is https://www.ugvcl.com
What has been the recent revenue trend for Uttar Gujarat Vij Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Uttar Gujarat Vij Company Limited has risen by 20.75%.
What change has been observed in the net worth of Uttar Gujarat Vij Company Limited, and by what percentage?
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%.
What are the total open charges for Uttar Gujarat Vij Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Uttar Gujarat Vij Company Limited amount to ₹ 495.25 Cr.
When was the last Balance Sheet of Uttar Gujarat Vij Company Limited filed with the ROC?
The most recent Balance Sheet for Uttar Gujarat Vij Company Limited was filed with the ROC on 31 Mar 2023.
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