Vadodara Gas Profile
Key Indicators
- Authorised Capital ₹ 250.00 Cr
- Paid Up Capital ₹ 240.29 Cr
- Company Age 11 Year, 5 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 five 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasenjit Sarkar  | Managing Director | 10-May-2024 | Current |
| Ritu Thakkar | CFO | 01-Apr-2019 | Current |
| Ajay Salitra | Company Secretary | 25-Apr-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Jindal | Nominee Director | 16-Oct-2024 | Current |
| Dilipkumar Rana | Nominee Director | 30-Jun-2023 | Current |
| Hem Pant | Nominee Director | 15-May-2024 | Current |
| Arpit Sagar | Nominee Director | 17-Jun-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Vadodara Smart City Development LimitedDilipkumar Rana is a mutual person
Vadodara Jal Sanchay Private LimitedDilipkumar Rana is a mutual person
- Vmc Sports Promotion Foundation
Dilipkumar Rana is a mutual person
- Gujarat Town Planning Consultancy Limited
Arpit Sagar is a mutual person
Charges (Loans)
Open Charges
₹376.10 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 376.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2023 | Others | ₹149.50 Cr | Open |
| 13 Nov 2018 | Others | ₹113.30 Cr | Open |
| 12 May 2015 | Others | ₹113.30 Cr | Open |
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.
Deals i
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
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 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 4 months 16 days .
- Annual General Meeting
Vadodara Gas Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- 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 9 months 17 days .
- 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 9 months 22 days .
- 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 10 months 6 days .
- Balance Sheet
Vadodara Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Recent News, Updates & Announcement
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..
Frequently asked questions
What is the Incorporation or founding date of Vadodara Gas Limited?
Vadodara Gas Limited was incorporated on 13 Sep 2013.
What is authorized share capital and paid-up capital of Vadodara Gas Limited?
The authorized share capital of Vadodara Gas Limited is ₹ 250.00 Cr and paid-up capital is ₹ 240.29 Cr.
Who are the current board members & directors of Vadodara Gas Limited?
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
What is the registered address of Vadodara Gas Limited?
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.
What is the corporate identification number (CIN) and company number of Vadodara Gas Limited?
The corporate identification number (CIN) of Vadodara Gas Limited is U40106GJ2013PLC076828 and the company number is 076828 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vadodara Gas Limited?
The Official website of Vadodara Gas Limited is https://www.vgl.co.in
What has been the recent revenue trend for Vadodara Gas Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vadodara Gas Limited has risen by 79.05%.
How many employees does Vadodara Gas Limited currently have?
As Per 2023 financial reports, 19 employees are currently employed by Vadodara Gas Limited.
What change has been observed in the net worth of Vadodara Gas Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vadodara Gas Limited has experienced an downturn of -3.72%.
What are the total open charges for Vadodara Gas Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vadodara Gas Limited amount to ₹ 376.10 Cr.
When was the last Balance Sheet of Vadodara Gas Limited filed with the ROC?
The most recent Balance Sheet for Vadodara Gas Limited was filed with the ROC on 31 Mar 2024.
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