Gridco Limited - Company Profile

It is a energy and power public limited state government company based in Khurda, Orissa, India, established in 1995.
1995 Khurda, Orissa, India Active
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About Gridco Limited

Gridco Limited, a active public limited state government company, was established on 20 April 1995 in Khurda, Orissa, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109OR1995SGC003960. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹6,000.00 Cr and a paid-up capital of ₹3,611.84 Cr.

Formerly known as Grid Corporation Of Orissa Limited. It upholds a compliant status. Employing 8 professional, Its leadership includes Pradeep Kumar Pujari (Director), Nihar Ranjan Panda (Nominee Director), Rabindra Nath Nayak (Director). Past directors included Laxmi Narayan Gupta, Vijay Arora, Suresh Chandra Mahapatra. It holds ₹7,799.77 Cr open charges and ₹11,547.57 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Janpath Bhubaneswar, Khurda, Orissa, 751022.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U40109OR1995SGC003960

  • Registration Number

    003960

  • Incorporation Date

    20 April 1995

  • Authorized Capital

    ₹6,000.00 Cr

  • Paid-Up Capital

    ₹3,611.84 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6,000.00 Cr
  • Paid Up Capital ₹ 3,611.84 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 7,799.77 Cr
  • Satisfied Charges ₹ 11,547.57 Cr
  • Revenue Growth **** 18.94%
  • Profit Growth **** -76.79%
  • Ebitda **** -290.28%
  • Net Worth -11.14%
  • Total Assets **** 4.06%
Company report

Gridco Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Gridco 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 Gridco Limited?
Current Directors
Name Designation Appointment Date Status
Pradeep Kumar Pujari Director 16 Sep 2023 Current
Nihar Ranjan Panda Nominee Director 21 Jul 2025 Current
Rabindra Nath Nayak Director 06 Oct 2022 Current
Vishal Kumar Dev Director 02 Jan 2025 Current
Satya Priya Rath Managing Director 21 Feb 2018 Current
Susanta Kumar Singh Director 13 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Nov 2007 Past
Pramod Abcsdd Director 09 Mar 2018 Past
Pramod Abcsdd Director 11 Dec 2015 Past
Pramod Abcsdd Director 14 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Nominee Director 20 Jul 2024 Past

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Financial Performance of Gridco.

Gridco Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.94% increase. The company also saw a substantial fall in profitability, with a 76.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.14%.

Gridco revenue growth over time
Gridco profit and loss trends over time
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
  • 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
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 18.94%
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Revenue from Operations
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 17.34%
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Total Assets
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 4.06%
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Profit or Loss
*******
 -76.79%
*******
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Net Worth
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 -11.14%
*******
*******
*******
*******
EBITDA
*******
 -290.28%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Gridco?

In 2023, Gridco had a promoter holding of 100.00%. The company had 8 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹77,997,700,000.00

Satisfied Charges

₹115,475,700,000.00

Charges Breakdown by Lending Institutions
  • Others : 4856.60 Cr
  • Canara Bank : 2029.77 Cr
  • State Bank Of India : 713.40 Cr
  • Uco Bank : 200.00 Cr
Latest Charge Details
Date Lender Amount Status
06 Sep 2025 Others ₹500.00 Cr Open
10 Apr 2025 State Bank Of India ₹700.00 Cr Open
21 Sep 2024 Canara Bank ₹500.00 Cr Open
11 Dec 2023 Canara Bank ₹799.77 Cr Open
30 Jun 2023 Canara Bank ₹730.00 Cr Open

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How Many Employees Work at Gridco?

Gridco has a workforce of 8 employees as of Mar 21, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gridco, 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 Gridco'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.

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Latest Updates, News, and FAQs on Gridco
Recent Activity within the Organization
  • Charges

    Progress on A charge with Canara Bank of Rs. 730.00 Cr registered on 30 Jun 2023 with Charge ID 100744609 was modified on 11 Nov 2025. was documented.

  • Director Appointment

    Kshirod Chandra Nanda was appointed as a Cfo was appointed as a Cfo on 18 Oct 2025 & has been associated with this company since 3 months 21 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Gridco Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 500.00 Cr with Charge ID 101168688 was registered on 06 Sep 2025. was documented.

  • Director Appointment

    Progress on Girish Tanty was appointed as a Whole-time director was appointed as a Whole-time director on 30 Aug 2025 & has been associated with this company since 5 months 9 days . was documented.

  • Charges

    The activity A charge registered on 26 Nov 2018 via Charge ID 100224076 with Others was fully satisfied on 08 Aug 2025. was completed.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Gridco Limited?

The CIN of Gridco Limited is U40109OR1995SGC003960.

Where is Gridco Limited headquartered?

Gridco Limited is headquartered at Janpath Bhubaneswar, Khurda, Orissa, 751022.

When was Gridco Limited incorporated?

Gridco Limited was incorporated on 20 April 1995.

Who are the current directors of Gridco Limited?

The current directors of Gridco Limited are

What is the primary industry of Gridco Limited?

The primary industry of Gridco Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Gridco Limited a listed company?

Gridco Limited is unlisted.

What is the capital structure of Gridco Limited?

The authorized capital of Gridco Limited is ₹6,000.00 Cr, and the paid-up capital is ₹3,611.84 Cr.

What is the compliance status of Gridco Limited?

The compliance status of Gridco Limited is Compliant.

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