Vadodara Gas Limited

City gas distribution company providing CNG and PNG to consumers in Vadodara and nearby areas.

2013 | Vadodara, Gujarat (India) | Active
Last Updated: November 16, 2024

Vadodara Gas Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 240.29 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 376.10 Cr
  • Revenue Growth 79.05%
  • Profit Growth -165.72%
  • Ebitda -94.93%
  • Net Worth -3.72%
  • Total Assets 11.29%

About Vadodara Gas

Vadodara Gas Limited (VGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 September 2013 and has a history of 11 years and four months. Its registered office is in Vadodara, 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 2024. It's a company limited by shares with an authorized capital of Rs 250.00 Cr and a paid-up capital of Rs 240.29 Cr.

The company currently has active open charges totaling ₹376.10 Cr.

The Key Managerial Personnel (KMP) at Vadodara Gas Limited India are Ritu Thakkar as CFO and Ajay Salitra as Company Secretary. Ajay Jindal, Dilipkumar Rana, Prasenjit Sarkar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ2013PLC076828

  • Company No.

    076828

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Vadodara Gas?

Executive Team (3)

NameDesignationAppointment DateStatus
Prasenjit Sarkar Country flag representing In Managing Director10-May-2024Current
Ritu Thakkar CFO01-Apr-2019Current
Ajay Salitra Company Secretary25-Apr-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Ajay Jindal Country flag representing In Nominee Director 16-Oct-2024Current
Dilipkumar Rana Country flag representing In Nominee Director 30-Jun-2023Current
Hem Pant Country flag representing In Nominee Director 15-May-2024Current
Arpit Sagar Country flag representing In Nominee Director 17-Jun-2023Current

Financial Performance of Vadodara Gas.

Vadodara Gas Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.05% increase. The company also saw a substantial fall in profitability, with a 165.72% decrease in profit. The company's net worth dipped by a decrease of 3.72%.

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
79.05%
Revenue from Operations
79.40%
Total Assets
11.29%
Profit or Loss
-165.72%
Net Worth
-3.72%
EBITDA
-94.93%

What is the Ownership and Shareholding Structure of Vadodara Gas?

In 2023, Vadodara Gas 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

₹376.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 376.10 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2023Others₹149.50 CrOpen
13 Nov 2018Others₹113.30 CrOpen
12 May 2015Others₹113.30 CrOpen

How Many Employees Work at Vadodara Gas?

Vadodara Gas has a workforce of 19 employees as of Apr 07, 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 Vadodara Gas, 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 Vadodara Gas'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 Vadodara Gas

Recent activity within the organization

  • Director Appointment

    Ajay Kumar Jindal was appointed as a Nominee Director was appointed as a Nominee Director on 16 Oct 2024 & has been associated with this company since 3 months 16 days .

    16 Oct 2024

  • Annual General Meeting

    Vadodara Gas Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Hem Chandra Pant was appointed as a Nominee Director was appointed as a Nominee Director on 15 May 2024 & has been associated with this company since 8 months 17 days .

    15 May 2024

  • Director Appointment

    Prasenjit Sarkar was appointed as a Managing Director was appointed as a Managing Director on 10 May 2024 & has been associated with this company since 8 months 22 days .

    10 May 2024

  • Director Appointment

    Ajay Salitra was appointed as a Company Secretary was appointed as a Company Secretary on 25 Apr 2024 & has been associated with this company since 9 months 7 days .

    25 Apr 2024

  • Balance Sheet

    Vadodara Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

Recent News, Updates & Announcement

  • News icon
    GGL Looks to Acquire 50% Stake in VGL from GAIL Gas Amidst Clause Controversy.

    When you want to buy something but your friend wants to sell it to you for a higher price, so you decide to buy the whole thing instead. GGL wants to buy GAIL Gas' 50% stake in VGL for about ₹200-250 crore. GAIL Gas wants to sell their stake to Gujarat Gas, but there's a clause that only allows them to sell 20%. They're trying to change the clause, but it's up to the Vadodara civic body to decide. VGL hasn't been doing so well, only adding 30,000 new connections in 5 years compared to Rajkot's 70,000 in the same time..

    05 Jul 2018 mint

Frequently asked questions

  • Vadodara Gas Limited was incorporated on 13 Sep 2013.

  • The authorized share capital of Vadodara Gas Limited is ₹ 250.00 Cr and paid-up capital is ₹ 240.29 Cr.

  • Currently 7 directors are associated with Vadodara Gas Limited.

    • Ajay Kumar Jindal
    • Dilipkumar Bhuraram Rana
    • Prasenjit Sarkar
    • Ritu Rajendrakumar Thakkar
    • Ajay Salitra
    • Hem Chandra Pant
    • Arpit Sagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vadodara Gas Limited is Shri Muni Commi Gas Office Building, Dandia Bazar India, Vadodara, Gujarat, 390001.

  • The corporate identification number (CIN) of Vadodara Gas Limited is U40106GJ2013PLC076828 and the company number is 076828 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vadodara Gas Limited is https://www.vgl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vadodara Gas Limited has risen by 79.05%.

  • As Per 2023 financial reports, 19 employees are currently employed by Vadodara Gas Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vadodara Gas Limited has experienced an downturn of -3.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vadodara Gas Limited amount to ₹ 376.10 Cr.

  • The most recent Balance Sheet for Vadodara Gas Limited was filed with the ROC on 31 Mar 2024.

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