About
Basic Data Updated:
11 days agoGujarat Gas Limited, previously known as GSPC Distribution Networks Limited, is a natural gas distribution company that operates primarily in the state of Gujarat. Its credit ratings reflect its strong standing in the industry. The company was created through the merging of GSPC Gas Company Ltd, Gujarat Gas Company Ltd, Gujarat Gas Financial Services Ltd, and Gujarat Gas Trading Company Ltd with GSPC Distribution Networks Ltd. With a presence in 22 districts in Gujarat, as well as the Union Territory of Dadra and Nagar Haveli and Maharashtra, GGL has established itself as a key player in the market. It is a proud member of the esteemed GSPC Group.
Industry
Company Details
- Location
Gandhinagar, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Gujarat Gas Limited
Gas Cylinders
Commercial Gas Burner
Industrial Gas Cylinder
Compressed Natural Gas
Financials of Gujarat Gas Limited
Gujarat Gas Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.14% increase. The company also saw a substantial improvement in profitability, with a 18.65% increase in profit. The company's net worth Soared by an impressive increase of 24.94%.
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Corporate Structure
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People in Gujarat Gas Limited
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Executive Team (2)
MT
Milind Torawane
Managing DirectorAppointment Date: 10-Aug-2017
Status: Current
SD
Sandeep Dave Company SecretaryAppointment Date: 30-Mar-2020
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 14 Jun 2021 | ₹1,000.00 Cr | Satisfied |
Sbicap Trustee Company Limited Creation Date: 11 Sep 2019 | ₹624.00 Cr | Satisfied |
Sbicap Trustee Company Limited Creation Date: 29 Nov 2017 | ₹250.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Active
36 years 1 month Raj Kumar and Jagdish Gupta are mutual person
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Active 30 years 8 months Mamta Verma is a mutual person
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Recent activity within the organization
Annual General Meeting
Gujarat Gas Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Director Appointment
Jagdish Prasad Gupta was appointed as a Director was appointed as a Director on 09 Aug 2023 & has been associated with this company since 8 months 24 days .
09 Aug 2023Director Appointment
Mamta Verma was appointed as a Director was appointed as a Director on 01 May 2023 & has been associated with this company since 1 year 2 days .
01 May 2023Balance Sheet
Gujarat Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge registered on 14 Jun 2021 via Charge ID 100452633 with Hdfc Bank Limited was fully satisfied on 16 Nov 2022.
16 Nov 2022
Recent News, Updates & Announcement
India Ratings Upgrades Gujarat Gas to IND AAAStable Affirms CP at IND A1.India Ratings and Research 26 Apr 2023
- Gujarat Gas Q3 Earnings PAT up 204 YoY sales fall 27 in Q3 Mint.
A largecap company with a market valuation of 3334562 Cr Gujarat Gas Ltd operates in the energy industry.
mint 13 Feb 2023
- GSPCs drilling project gets eco clearance.
Business Line 01 Dec 2017
- Petronet LNG Shifts Focus to Ennore Terminal Stake Negotiations with IOC Ongoing.
Petronet LNG Ltd has decided not to buy 25 stake in GSPCs Mundra LNG terminal and instead wants IOC to give them 25 stake in the Ennore terminal GSPC first offered the stake to IOC but they only wanted 2526 Now IOC is willing to take a higher stake Adani group holds 25 interest in the Mundra terminal Petronet operates two terminals on the west coast and wants to expand in the east Talks are ongoing.
Times Of India 12 Nov 2017
- ONGC board okays GSPC deal.
Business Standard 24 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Gujarat Gas Limited?
