About GSPC Energy Limited
Data last updated:
GSPC Energy Limited is a public limited state government company based in Gandhinagar, Gujarat, India, a subsidiary of Gujarat State Petroleum Corporation Limited. It operates in the oil and gas marketing services segment of the energy and power sector. It was incorporated on 18 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U11102GJ2015SGC085438. Its GSTIN is 24AAGCG3364E1D4 (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Sandeep Vishnuprasad Dave and Meena Kantilal Bhatt.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gspc Bhawan Behind Udyog Bhawan Sector – 11, Gandhinagar, Gujarat, India – 382010.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.11 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹7.4 Lakh (net margin 17.2%) and EBITDA of ₹9.89 Lakh (EBITDA margin 22.9%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 71% over five years.
As per MCA filings, the company has satisfied charges of ₹7 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gspc.in.
Company details
Contact details
GSPC Energy Limited's registered office is in Gandhinagar, Gujarat. Its website is gspc.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGspc Bhawan Behind Udyog Bhawan Sector – 11, Gandhinagar, Gujarat, India – 382010
- IndustryEnergy and Power, Oil & Gas Marketing Services
To see the full contact details of GSPC Energy Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of GSPC Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of GSPC Energy Limited, buy the company report.
Financials of GSPC Energy Limited
FY 2025 filings availableGSPC Energy Limited reported revenue of ₹43.11 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years. EBITDA fell 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.4 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.9% | ||||
| Net Profit Margin | 17.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of GSPC Energy Limited, buy the company report.
Board of directors of GSPC Energy Limited
GSPC Energy has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Vishnuprasad Dave | Director | 22 Sep 2017 | 9 Years 1 Months | Current |
| Meena Kantilal Bhatt | Director | 10 Jun 2021 | 5 Years 5 Months | Current |
| Rajesh Narayanan Sivadasan Also directs: GSPC (Jpda) Limited, GSPC Pipavav Power Company Limited, GSPL Transmission Limited and 2 more | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
GSPC Energy Limited is compared with the 5 companies closest to it by revenue in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishna Subh Private Limited | ₹49.67 Lakh (FY 2024) | 391.0% | Agra, Uttar Pradesh, India | |||
| Saurabh Petro-India Private Limited | ₹49.25 Lakh (FY 2017) | Lucknow, Uttar Pradesh, India | ||||
| Rites & Jones Petrochemicals Private Limited | ₹48.05 Lakh (FY 2025) | -96.0% | New Delhi, Delhi, India | |||
| Prosuguru Byo Private Limited | ₹45.14 Lakh (FY 2022) | 45.0% | Pune, Maharashtra, India | |||
| GSPC Energy Limitedthis company | ₹43.11 Lakh (FY 2025) | ₹7.4 Lakh | 17.2% | -100.0% | Gandhinagar, Gujarat, India | |
| Sourav Gas (CNG) Private Limited | ₹35.75 Lakh (FY 2024) | -9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of GSPC Energy Limited, buy the company report.
Auditor
GSPC Energy Limited is audited by DJNV & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DJNV & CO. | FY 2024 | 115145W |
Shareholding
The shareholding of GSPC Energy Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GSPC Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2020 | 100390642 | Others | ₹7 Cr | Satisfied |
To see the full charge records of GSPC Energy Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
GSPC Energy Limited has 5 court cases on record: 4 filed by GSPC Energy, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Girish Siriram Juneja (Interim Resolution Professional, Hindusthan National Glass and Industries Limited) Regn. No.: Ibbi/Ipa-001/Ip- P00999/2017-2018/11646 Floor 7, 1, Peninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai - 400013. , , Other | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Mr. Girish Siriram Juneja (Interim Resolution Professional Hindusthan National Glass & Industries Limited) | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Mr. Girish Siriram Juneja (Interim Resolution Professional Hindusthan National Glass & Industries Limited) | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of GSPC Energy Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GSPC Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GSPC Energy has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG3364E1D4 | Gujarat | Active | 07 Apr 2019 |
| 24AAGCG3364E1ZV | Gujarat | Active | 29 Jul 2020 |
| 36AAGCG3364E1ZQ | Telangana | Active | 22 Dec 2019 |
| 27AAGCG3364E1ZP | Maharashtra | Active | 23 Sep 2020 |
To see the full GST registrations and return filing status of GSPC Energy Limited, buy the company report.
Recent activity
GSPC Energy Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Samiranjan Biswal ceased to be Director on 01 Apr 2023.
Frequently asked questions
GSPC Energy is an active public limited state government company based in Gandhinagar, Gujarat, India. The company works in oil and gas marketing services, within the energy and power industry. It was incorporated on 18 December 2015 (11+ years old) and is registered under CIN U11102GJ2015SGC085438.
GSPC Energy has 3 current directors:
- Sandeep Vishnuprasad Dave - Director
- Meena Kantilal Bhatt - Director
- Rajesh Narayanan Sivadasan - Director
The latest financial statements of GSPC Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of GSPC Energy is 24AAGCG3364E1D4, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AAGCG3364E1ZV (Gujarat), 36AAGCG3364E1ZQ (Telangana), 27AAGCG3364E1ZP (Maharashtra).
The CIN (Corporate Identification Number) of GSPC Energy is U11102GJ2015SGC085438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GSPC Energy has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the nclat.
GSPC Energy was incorporated on 18 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of GSPC Energy by revenue are Krishna Subh Private Limited, Saurabh Petro-India Private Limited, Rites & Jones Petrochemicals Private Limited, Prosuguru Byo Private Limited, Sourav Gas (CNG) Private Limited, all in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (wholesale trading).
Samiranjan Biswal ceased to be Director on 01 Apr 2023. Meena Kantilal Bhatt was appointed as Director on 10 Jun 2021. Jayesh Navinchandra Dave ceased to be Director on 30 Jun 2019. GSPC Energy has 7 board changes on record in total.
GSPC Energy can be reached through the website gspc.in. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of GSPC Energy is at Gspc Bhawan Behind Udyog Bhawan Sector – 11, Gandhinagar, Gujarat, India – 382010.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
