Western Electricity Supply Company Of Odisha Limited

Electricity distribution and retail supply in Western Orissa region.

1997 | Khorda, Odisha (India) | Active
Last Updated: December 19, 2024

Western Electricity Supply Company Of Odisha Profile

Key Indicators

  • Authorised Capital ₹ 48.65 Cr
  • Paid Up Capital ₹ 48.65 Cr
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 462.96 Cr
  • Satisfied Charges ₹ 287.06 Cr
  • Revenue Growth %
  • Profit Growth 0.05%
  • Ebitda 51.44%
  • Net Worth -5.58%
  • Total Assets -2.25%

About Western Electricity Supply Company Of Odisha

Western Electricity Supply Company Of Odisha Limited (WESCOOL) is a Public Limited Indian Non-Government Company incorporated in India on 19 November 1997 and has a history of 27 years and two months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Western Electricity Supply Company Of Orissa Limited. 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 48.65 Cr and a paid-up capital of Rs 48.65 Cr.

The company currently has active open charges totaling ₹462.96 Cr. The company has closed loans amounting to ₹287.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Western Electricity Supply Company Of Odisha Limited India is Madhusmita Mishra as CEO. Sandeep Misra, Madhusmita Mishra, Susanta Sarangi, and Six other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109OR1997PLC005104

  • Company No.

    005104

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Energy and Power

Who are the key members and board of directors at Western Electricity Supply Company Of Odisha?

Executive Team (1)

NameDesignationAppointment DateStatus
Madhusmita Mishra Country flag representing In CEO28-Sep-2018Current

Board Members (9)

NameDesignationAppointment DateStatus
Susanta Sarangi Country flag representing In Director 24-Dec-2018Current
Sanjay Jain Country flag representing In Director 30-Mar-2021Current
Sandeep Misra Country flag representing In Director 23-Dec-2016Current
Madhusmita Mishra Country flag representing In Director and Ceo 28-Jun-2018Current
Omkar Padhy Country flag representing In Director 24-Dec-2018Current
Debasis Misra Country flag representing In Director 23-Mar-2022Current

Financial Performance of Western Electricity Supply Company Of Odisha.

Western Electricity Supply Company Of Odisha Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 0.05% increase in profit. The company's net worth dipped by a decrease of 5.58%.

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
Revenue from Operations
Total Assets
-2.25%
Profit or Loss
0.05%
Net Worth
-5.58%
EBITDA
51.44%

What is the Ownership and Shareholding Structure of Western Electricity Supply Company Of Odisha?

In 2022, Western Electricity Supply Company Of Odisha had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹462.96 Cr

Satisfied Charges

₹287.06 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 215.00 Cr
  • Grid Corporation Of Orissa Ltd. : 116.96 Cr
  • Canara Bank : 103.00 Cr
  • Grid Corporation Of Orissa Ltd : 28.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2015Union Bank Of India₹215.00 CrOpen
26 Sep 2001Canara Bank₹103.00 CrOpen
16 Feb 2000Grid Corporation Of Orissa Ltd.₹116.96 CrOpen
24 May 1999Grid Corporation Of Orissa Ltd₹28.00 CrOpen
10 Mar 2011Idbi Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Western Electricity Supply Company Of Odisha?

Unlock and access historical data on people associated with Western Electricity Supply Company Of Odisha, 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 Western Electricity Supply Company Of Odisha, 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 Western Electricity Supply Company Of Odisha'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 Western Electricity Supply Company Of Odisha

Recent activity within the organization

  • Annual General Meeting

    Western Electricity Supply Company Of Odisha Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Western Electricity Supply Company Of Odisha Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Muktikanta Sahoo was appointed as a Director was appointed as a Director on 25 Sep 2023 & has been associated with this company since 1 year 4 months .

    25 Sep 2023

  • Director Appointment

    Debasis Misra was appointed as a Director was appointed as a Director on 23 Mar 2022 & has been associated with this company since 2 years 10 months .

    23 Mar 2022

  • Director Appointment

    Sanjay Kumar Jain was appointed as a Director was appointed as a Director on 30 Mar 2021 & has been associated with this company since 3 years 10 months .

    30 Mar 2021

  • Director Appointment

    Lalit Kumar Mishra was appointed as a Director was appointed as a Director on 30 Mar 2021 & has been associated with this company since 3 years 10 months .

    30 Mar 2021

Frequently asked questions

  • Western Electricity Supply Company Of Odisha Limited was incorporated on 19 Nov 1997.

  • The authorized share capital of Western Electricity Supply Company Of Odisha Limited is ₹ 48.65 Cr and paid-up capital is ₹ 48.65 Cr.

  • Currently 10 directors are associated with Western Electricity Supply Company Of Odisha Limited.

    • Sandeep Misra
    • Madhusmita Mishra
    • Susanta Kumar Sarangi
    • Omkar Nath Padhy
    • Sanjay Kumar Jain
    • Debasis Misra
    • Lalit Kumar Mishra
    • Baishnab Charan Padhihary
    • Muktikanta Sahoo
    • Madhusmita Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Western Electricity Supply Company Of Odisha Limited is Plot No 149(A) Saheed Nagar India, Bhubaneswar, Orissa, 751007.

  • The corporate identification number (CIN) of Western Electricity Supply Company Of Odisha Limited is U40109OR1997PLC005104 and the company number is 005104 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Western Electricity Supply Company Of Odisha Limited is https://www.wescoodisha.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Western Electricity Supply Company Of Odisha Limited has experienced an downturn of -5.58%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Western Electricity Supply Company Of Odisha Limited amount to ₹ 462.96 Cr.

  • The most recent Balance Sheet for Western Electricity Supply Company Of Odisha Limited was filed with the ROC on 31 Mar 2024.

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