Gujarat Energy Transmission Corporation Limited - Company Profile

It is a energy and power public limited state government company based in Baroda, Gujarat, India, established in 1999.

1999 Baroda, Gujarat, India Active

Last Updated: December 14, 2025

About Gujarat Energy Transmission Corporation Limited

Gujarat Energy Transmission Corporation Limited, a active public limited state government company, was established on 19 May 1999 in Baroda, Gujarat, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100GJ1999SGC036018. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2,000.00 Cr and a paid-up capital of ₹1,188.25 Cr.

It upholds a compliant status. Employing 9,174 professional, Its leadership includes Anil Roy (Director), Neena Kumar (Director), Preeti Sharma (Nominee Director). Past directors included Rajendra Prasad Sasmal, Nayankumar Mahadevprasad Adhyaru, Shahmeena Syedafzal Husain. It holds ₹826.00 Cr open charges and ₹19,873.79 Cr settled loans. Its latest AGM occurred on 26 December 2024, with the balance sheet filed on 31 March 2024. It is based at Sardar Patel Vidyut Bhavanrace Course, Baroda, Gujarat, 390007.

Company Details

CIN/LLPIN
U40100GJ1999SGC036018
Registration Number
036018
Incorporation Date
19 May 1999
Authorized Capital
₹2,000.00 Cr
Paid-Up Capital
₹1,188.25 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2,000.00 Cr as on 14-12-2025
Paid Up Capital ₹ 1,188.25 Cr as on 14-12-2025
Company Age 26 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 826.00 Cr as on 14-12-2025
Satisfied Charges ₹ 19,873.79 Cr as on 14-12-2025
Revenue Growth **** 13.06% (FY 2023)
Profit Growth **** 29.37% (FY 2023)
Ebitda **** 23.07% (FY 2023)
Net Worth 20.45% (FY 2023)
Total Assets **** 7.06% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Gujarat Energy Transmission Corporation 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 Gujarat Energy Transmission Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Anil Roy	Director	23 Aug 2024	Current
Neena Kumar	Director	23 Aug 2024	Current
Preeti Sharma	Nominee Director	10 Jul 2025	Current
Swaroop Sanandam Prithvi	Director	08 Jan 2023	Current
Syed Jawaid Haider	Nominee Director	12 Aug 2024	Current
Kamlesh Kumar Jangid	Director	26 Jul 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Jul 2021	Past
Pramod Abcsdd	Company Secretary	31 May 2008	Past
Pramod Abcsdd	Nominee Director	25 Feb 2022	Past
Pramod Abcsdd	Additional Director	02 Sep 2024	Past
Pramod Abcsdd	Director	11 Jul 2016	Past
Pramod Abcsdd	Director	17 Aug 2021	Past

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Financial Performance of Gujarat Energy Transmission Corporation.

Gujarat Energy Transmission Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.06% increase. The company also saw a substantial improvement in profitability, with a 29.37% increase in profit. The company's net worth Soared by an impressive increase of 20.45%.

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

********

13.06%

*******

Revenue from Operations

*******

13.04%

*******

Total Assets

*******

7.06%

*******

Profit or Loss

*******

29.37%

*******

Net Worth

*******

20.45%

*******

EBITDA

*******

23.07%

*******

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What is the Ownership and Shareholding Structure of Gujarat Energy Transmission Corporation?

In 2023, Gujarat Energy Transmission Corporation 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

₹8,260,000,000.00

Satisfied Charges

₹198,737,909,000.00

Charges Breakdown by Lending Institutions

Uco Bank : 826.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Jan 2007	Uco Bank	₹826.00 Cr	Open
11 Oct 2017	Others	₹3,192.23 Cr	Satisfied
21 Jan 2016	Others	₹305.00 Cr	Satisfied
04 Sep 2015	National Bank For Agricultureand Rural Development	₹448.00 Cr	Satisfied
17 Jul 2015	Dena Bank	₹300.00 Cr	Satisfied

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How Many Employees Work at Gujarat Energy Transmission Corporation?

Gujarat Energy Transmission Corporation has a workforce of 9174 employees as of Mar 31, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Gujarat Energy Transmission Corporation, 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 Gujarat Energy Transmission Corporation'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 Gujarat Energy Transmission Corporation

Recent Activity within the Organization

Director Appointment

The activity Preeti Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 10 Jul 2025 & has been associated with this company since 7 months 26 days . was completed.
10 Jul 2025
Director Appointment

Maheshkumar Ishwarlal Patel was appointed as a Nominee Director was appointed as a Nominee Director on 08 May 2025 & has been associated with this company since 9 months 28 days . was recorded as a recent event.
08 May 2025
Annual General Meeting

Gujarat Energy Transmission Corporation Limited last Annual general meeting of members was held on 26 Dec 2024 as per latest MCA records. was recorded as a recent event.
26 Dec 2024
Charges

Progress on A charge registered on 11 Oct 2017 via Charge ID 100131900 with Others was fully satisfied on 18 Nov 2024. was documented.
18 Nov 2024
Director Appointment

The activity Jaynish Modi was appointed as a Cfo was appointed as a Cfo on 19 Oct 2024 & has been associated with this company since 1 year 4 months . was completed.
19 Oct 2024
Director Appointment

Anil Roy was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
23 Aug 2024

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