Bangalore Electricity Supply Company Limited - Company Profile

It is a energy and power public limited state government company based in Bangalore, Karnataka, India, established in 2002.

2002 Bangalore, Karnataka, India Active

Last Updated: February 06, 2026

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About Bangalore Electricity Supply Company Limited

Bangalore Electricity Supply Company Limited, a active public limited state government company, was established on 30 April 2002 in Bangalore, Karnataka, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U04010KA2002SGC030438. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2,500.00 Cr and a paid-up capital of ₹2,113.47 Cr.

It upholds a compliant status. Its leadership includes Mahadeva (Cfo), Parakkunnum Chalil Jaffer (Director), Shivanna (Director). Past directors included Vishal Ravi, Pankaj Kumar Pandey, Shilpa Sharma. It holds ₹26,460.17 Cr open charges and ₹12,767.14 Cr settled loans. Its latest AGM occurred on 29 December 2025, with the balance sheet filed on 31 March 2025. It is based at K.R.Circlebangalore, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
U04010KA2002SGC030438
Registration Number
030438
Incorporation Date
30 April 2002
Authorized Capital
₹2,500.00 Cr
Paid-Up Capital
₹2,113.47 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2,500.00 Cr as on 06-02-2026
Paid Up Capital ₹ 2,113.47 Cr as on 06-02-2026
Company Age 23 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 26,460.17 Cr as on 06-02-2026
Satisfied Charges ₹ 12,767.14 Cr as on 06-02-2026
Revenue Growth **** 21.67% (FY 2023)
Profit Growth **** 39.46% (FY 2023)
Ebitda **** -30.15% (FY 2023)
Net Worth -185.07% (FY 2023)
Total Assets **** 7.71% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Bangalore Electricity Supply Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bangalore Electricity Supply Company Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mahadeva	Cfo	09 Dec 2024	Current
Parakkunnum Chalil Jaffer	Director	18 Aug 2023	Current
Shivanna	Director	07 Nov 2022	Current
Dalavayee Kodandapani	Director	02 Jul 2025	Current
George Kelachandra Joseph	Director	06 Jun 2023	Current
Balaram Krishanappa	Director	16 Jul 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	15 Dec 2009	Past
Pramod Abcsdd	Managing Director	29 Jun 2016	Past
Pramod Abcsdd	Nominee Director	30 Oct 2023	Past
Pramod Abcsdd	Director	17 Nov 2007	Past
Pramod Abcsdd	Director	07 Jul 2007	Past
Pramod Abcsdd	Director	05 Sep 2012	Past

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Financial Performance of Bangalore Electricity Supply Company.

Bangalore Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.67% increase. The company also saw a substantial improvement in profitability, with a 39.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 185.07%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

21.67%

*******

Revenue from Operations

*******

21.43%

*******

Total Assets

*******

7.71%

*******

Profit or Loss

*******

39.46%

*******

Net Worth

*******

-185.07%

*******

EBITDA

*******

-30.15%

*******

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What is the Ownership and Shareholding Structure of Bangalore Electricity Supply Company?

In 2023, Bangalore Electricity Supply 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹264,601,691,000.00

Satisfied Charges

₹127,671,350,000.00

Charges Breakdown by Lending Institutions

Others : 15505.99 Cr
Canara Bank : 3524.74 Cr
State Bank Of India : 3308.50 Cr
Rural Electrification Corporation Limited : 985.50 Cr
State Bank Of Mysore : 750.00 Cr
Others : 2385.44 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Dec 2025	Others	₹500.00 Cr	Open
21 Nov 2025	Others	₹1,450.00 Cr	Open
22 May 2025	Canara Bank	₹200.00 Cr	Open
04 Apr 2025	Others	₹781.42 Cr	Open
29 Mar 2025	Canara Bank	₹300.00 Cr	Open

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How Many Employees Work at Bangalore Electricity Supply Company?

Unlock and access historical data on people associated with Bangalore Electricity Supply Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Bangalore Electricity Supply 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 Bangalore Electricity Supply 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.

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Latest Updates, News, and FAQs on Bangalore Electricity Supply Company

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 500.00 Cr with Charge ID 101214870 was registered on 30 Dec 2025. was recorded as a recent event.
30 Dec 2025
Annual General Meeting

Bangalore Electricity Supply Company Limited last Annual general meeting of members was held on 29 Dec 2025 as per latest MCA records. was recorded as a recent event.
29 Dec 2025
Charges

A charge with State Bank Of India of Rs. 700.00 Cr registered on 30 Apr 2015 with Charge ID 10567427 was modified on 15 Dec 2025. was recorded as a recent event.
15 Dec 2025
Director Appointment

Progress on Channabasave Gowda Basavanna was appointed as a Director was appointed as a Director on 09 Dec 2025 & has been associated with this company since 3 months 6 days . was documented.
09 Dec 2025
Director Appointment

Siddaramaiah Ramya was appointed as a Director was appointed as a Director on 05 Dec 2025 & has been associated with this company since 3 months 10 days . was recorded as a recent event.
05 Dec 2025
Charges

A charge with Others amounted to Rs. 1,450.00 Cr with Charge ID 101200098 was registered on 21 Nov 2025. was recorded as a recent event.
21 Nov 2025

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