Gujarat State Electricity Corporation Limited, a active public limited state government company, was established on 12 August 1993 in Baroda, Gujarat, India. Engaging in power infrastructure & energy projects within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100GJ1993SGC019988. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3,500.00 Cr and a paid-up capital of ₹3,327.69 Cr.
It upholds a compliant status. Employing 2,831 professional, Its leadership includes Bharat Bhasker (Director), Somes Bandyopadhyay (Managing Director), Naran Manji Pindoriya (Director). Past directors included Shahmeena Syedafzal Husain, Jyoti Swarup Mathur, Mona Mukesh Khandhar. It holds ₹1,825.95 Cr open charges and ₹39,293.53 Cr settled loans. Its latest AGM occurred on 26 December 2024, with the balance sheet filed on 31 March 2024. It is based at Vidyut Bhavan Race Course, Baroda, Gujarat, 390007.
U40100GJ1993SGC019988
019988
12 August 1993
₹3,500.00 Cr
₹3,327.69 Cr
Roc Ahmedabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bharat Bhasker | Director | 26 Jul 2024 | Current |
| Somes Bandyopadhyay | Managing Director | 19 Oct 2023 | Current |
| Naran Manji Pindoriya | Director | 20 Jan 2024 | Current |
| Preeti Sharma | Nominee Director | 07 Jul 2025 | Current |
| Syed Jawaid Haider | Nominee Director | 12 Aug 2024 | Current |
| Kamlesh Kumar Jangid | Director | 26 Jul 2023 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Nominee Director | 14 Oct 2016 | Past |
| Pramod Abcsdd | Nominee Director | 11 Feb 2008 | Past |
| Pramod Abcsdd | Nominee Director | 15 Jul 2017 | Past |
| Pramod Abcsdd | Director | 08 Oct 2009 | Past |
| Pramod Abcsdd | Nominee Director | 01 Nov 2019 | Past |
| Pramod Abcsdd | Additional Director | 27 Aug 2024 | Past |
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Gujarat State Electricity Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.7% increase. The company also saw a substantial fall in profitability, with a 89.99% decrease in profit. The company's net worth moved up by a moderate rise of 8.94%.
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In 2023, Gujarat State Electricity Corporation had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹18,259,500,000.00
₹392,935,306,989.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2016 | Sbicap Trustee Company Limited | ₹10.40 Cr | Open |
| 27 Apr 2016 | Sbicap Trustee Company Limited | ₹10.40 Cr | Open |
| 08 Jan 2007 | Others | ₹1,805.15 Cr | Open |
| 28 Mar 2018 | State Bank Of India | ₹1,592.78 Cr | Satisfied |
| 31 Mar 2017 | Others | ₹1,592.78 Cr | Satisfied |
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Gujarat State Electricity Corporation has a workforce of 2831 employees as of Apr 09, 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.
Gain comprehensive insights into the Deals and Valuation data of Gujarat State Electricity 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 State Electricity Corporation's trajectory.
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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.
Preeti Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 07 Jul 2025 & has been associated with this company since 4 months 20 days . was recorded as a recent event.
The activity Gujarat State Electricity Corporation Limited last Annual general meeting of members was held on 26 Dec 2024 as per latest MCA records. was completed.
Arti Kanwar was appointed as a Nominee Director was appointed as a Nominee Director on 20 Sep 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
Syed Jawaid Haider was appointed as a Nominee Director was appointed as a Nominee Director on 12 Aug 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.
Progress on Bharat Bhasker was appointed as a Director was appointed as a Director on 26 Jul 2024 & has been associated with this company since 1 year 4 months . was documented.
Progress on Gujarat State Electricity Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.
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The CIN of Gujarat State Electricity Corporation Limited is U40100GJ1993SGC019988.
Gujarat State Electricity Corporation Limited is headquartered at Vidyut Bhavan Race Course, Baroda, Gujarat, 390007.
Gujarat State Electricity Corporation Limited was incorporated on 12 August 1993.
The current directors of Gujarat State Electricity Corporation Limited are
The primary industry of Gujarat State Electricity Corporation Limited is Electricity, Gas, Steam And Air Condition Supply.
Gujarat State Electricity Corporation Limited is unlisted.
The authorized capital of Gujarat State Electricity Corporation Limited is ₹3,500.00 Cr, and the paid-up capital is ₹3,327.69 Cr.
The compliance status of Gujarat State Electricity Corporation Limited is Compliant.
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