Gujarat State Energy Generation Limited - Company Profile

It is a environment public limited state government company based in Gandhinagar, Gujarat, India, established in 1998.

1998 Gandhinagar, Gujarat, India Active

Last Updated: February 06, 2026

About Gujarat State Energy Generation Limited

Gujarat State Energy Generation Limited, a active public limited state government company, was established on 30 December 1998 in Gandhinagar, Gujarat, India. Engaging in biofuel & biomass energy within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100GJ1998SGC035212. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹661.53 Cr.

It upholds a compliant status. Employing 16 professional, Its leadership includes Mamata Biswal (Director), Swaroop Sanandam Prithvi (Director), Santosh Keshavdutt Joshi (Director). Past directors included Haribhai Vallabhbhai Patel, Shallan Jaggia, Ahmed Raza Mohammad Khan. It holds ₹179.67 Cr open charges and ₹2,977.14 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Building Nos. A/78/3-8,Near Lgate Corporation, Gidc Electronic Estate,Sector - 25,, Gandhinagar, Gujarat, 382016.

Company Details

CIN/LLPIN
U40100GJ1998SGC035212
Registration Number
035212
Incorporation Date
30 December 1998
Authorized Capital
₹1,000.00 Cr
Paid-Up Capital
₹661.53 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,000.00 Cr as on 06-02-2026
Paid Up Capital ₹ 661.53 Cr as on 06-02-2026
Company Age 27 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 179.67 Cr as on 06-02-2026
Satisfied Charges ₹ 2,977.14 Cr as on 06-02-2026
Revenue Growth **** -2.05% (FY 2024)
Profit Growth **** -842.79% (FY 2024)
Ebitda **** -58.82% (FY 2024)
Net Worth -2.93% (FY 2024)
Total Assets -4.84% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Gujarat State Energy Generation 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 State Energy Generation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mamata Biswal	Director	24 Jul 2017	Current
Swaroop Sanandam Prithvi	Director	21 Jul 2022	Current
Santosh Keshavdutt Joshi	Director	08 Oct 2018	Current
Ganeshbhai Fanse	Additional Director	28 Jan 2025	Current
Manish Kumar	Additional Director	14 Nov 2024	Current
Seema Arora	Additional Director	15 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	14 Apr 2016	Past
Pramod Abcsdd	Nominee Director	30 Jan 2013	Past
Pramod Abcsdd	Company Secretary	03 Jan 2008	Past
Pramod Abcsdd	Nominee Director	27 Jun 2007	Past
Pramod Abcsdd	Nominee Director	23 Dec 2015	Past
Pramod Abcsdd	Nominee Director	03 Sep 2015	Past

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Financial Performance of Gujarat State Energy Generation.

Gujarat State Energy Generation Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 2.05% decrease. The company also saw a substantial fall in profitability, with a 842.79% decrease in profit. The company's net worth dipped by a decrease of 2.93%.

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

********

-2.05%

*******

Revenue from Operations

*******

-0.94%

*******

Total Assets

*******

-4.84%

*******

Profit or Loss

*******

-842.79%

*******

Net Worth

*******

-2.93%

*******

EBITDA

*******

-58.82%

*******

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What is the Ownership and Shareholding Structure of Gujarat State Energy Generation?

In 2024, Gujarat State Energy Generation had a promoter holding of 67.12% and a public holding of 32.88%. The company had 1 Associate company. 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

₹1,796,700,000.00

Satisfied Charges

₹29,771,400,000.00

Charges Breakdown by Lending Institutions

Others : 179.67 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Mar 2011	Others	₹179.67 Cr	Open
30 Mar 2010	Dena Bank	₹750.00 Cr	Satisfied
09 Jan 2009	Central Bank Of India (For Other 4 Bankers Pl See Annexure-I)	₹177.47 Cr	Satisfied
28 Jul 2008	Dena Bank	₹200.00 Cr	Satisfied
29 Mar 2008	Rural Electrification Corporation Limited	₹717.24 Cr	Satisfied

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How Many Employees Work at Gujarat State Energy Generation?

Gujarat State Energy Generation has a workforce of 16 employees as of Sep 26, 2025. 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 State Energy Generation, 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 Energy Generation'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 State Energy Generation

Recent Activity within the Organization

Director Appointment

Devendra Balkrishna Aggarwal was appointed as a Additional Director was appointed as a Additional Director on 17 Jan 2026 & has been associated with this company since 1 month 13 days . was recorded as a recent event.
17 Jan 2026
Director Appointment

Progress on Sunder Singh Yadav was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 4 months 16 days . was documented.
17 Oct 2025
Annual General Meeting

Gujarat State Energy Generation Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Director Appointment

Seema Arora was appointed as a Additional Director was appointed as a Additional Director on 15 Jul 2025 & has been associated with this company since 7 months 18 days . was recorded as a recent event.
15 Jul 2025
Balance Sheet

Progress on Gujarat State Energy Generation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Ganeshbhai Fanse was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
28 Jan 2025

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