Maharashtra State Electricity Distribution Company Limited - Company Profile

It is a energy and power public limited state government company based in Mumbai, Maharashtra, India, established in 2005.

2005 Mumbai, Maharashtra, India Active

Last Updated: December 18, 2025

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About Maharashtra State Electricity Distribution Company Limited

Maharashtra State Electricity Distribution Company Limited, a active public limited state government company, was established on 31 May 2005 in Mumbai, Maharashtra, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109MH2005SGC153645. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹60,000.00 Cr and a paid-up capital of ₹49,721.65 Cr.

Formerly known as Maharashtra State Distribution Company Limited. It upholds a compliant status. Employing 4 professional, Its leadership includes Rajeev Kumar Chaturvedi (Nominee Director), Abha Shukla (Director), Yogesh Madhukar Gadkari (Whole-Time Director). Past directors included Naresh Bhagwanrao Gite, Aseem Kumar Surendrakumar Gupta, Ashok Rajaram Harane. It holds ₹171,505.23 Cr open charges and ₹55,663.70 Cr settled loans. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at Prakashgad Plot No G-9Anant Kanekar Marg Bandra (E), Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
U40109MH2005SGC153645
Registration Number
153645
Incorporation Date
31 May 2005
Authorized Capital
₹60,000.00 Cr
Paid-Up Capital
₹49,721.65 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 60,000.00 Cr as on 18-12-2025
Paid Up Capital ₹ 49,721.65 Cr as on 18-12-2025
Company Age 20 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 171,505.23 Cr as on 18-12-2025
Satisfied Charges ₹ 55,663.70 Cr as on 18-12-2025
Revenue Growth **** 8.65% (FY 2023)
Profit Growth **** -1957.37% (FY 2023)
Ebitda **** -880.63% (FY 2023)
Net Worth -22.85% (FY 2023)
Total Assets **** 8.21% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra State Electricity Distribution Company 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 Maharashtra State Electricity Distribution Company Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajeev Kumar Chaturvedi	Nominee Director	31 May 2023	Current
Abha Shukla	Director	21 Nov 2022	Current
Yogesh Madhukar Gadkari	Whole-Time Director	03 May 2023	Current
Jyoti Nitin Chimte	Director	31 Mar 2022	Current
Lokesh Chandra	Managing Director	02 Jun 2023	Current
Anudeep Shrinivas Dighe	Cfo	01 Feb 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	29 Sep 2022	Past
Pramod Abcsdd	Managing Director	01 Feb 2021	Past
Pramod Abcsdd	Director	03 Jun 2019	Past
Pramod Abcsdd	Company Secretary	18 Apr 2011	Past
Pramod Abcsdd	Additional Director	21 Nov 2011	Past
Pramod Abcsdd	Nominee Director	28 Nov 2006	Past

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Financial Performance of Maharashtra State Electricity Distribution Company.

Maharashtra State Electricity Distribution Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.65% increase. The company also saw a substantial fall in profitability, with a 1957.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.85%.

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

********

8.65%

*******

Revenue from Operations

*******

9.62%

*******

Total Assets

*******

8.21%

*******

Profit or Loss

*******

-1957.37%

*******

Net Worth

*******

-22.85%

*******

EBITDA

*******

-880.63%

*******

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What is the Ownership and Shareholding Structure of Maharashtra State Electricity Distribution Company?

In 2023, Maharashtra State Electricity Distribution Company had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹1,715,052,258,786.00

Satisfied Charges

₹556,637,031,000.00

Charges Breakdown by Lending Institutions

Others : 126584.37 Cr
State Bank Of India : 18000.00 Cr
Canara Bank : 14028.55 Cr
Rural Electrification Corporation Limited : 7947.15 Cr
Indian Bank : 3000.00 Cr
Others : 1945.16 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Dec 2025	Indian Bank	₹2,000.00 Cr	Open
10 Oct 2025	Others	₹1,191.20 Cr	Open
12 Sep 2025	Uco Bank	₹1,800.00 Cr	Open
12 Sep 2025	Others	₹5,000.00 Cr	Open
25 Jun 2025	Others	₹200.00 Cr	Open

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How Many Employees Work at Maharashtra State Electricity Distribution Company?

Maharashtra State Electricity Distribution Company has a workforce of 4 employees as of Mar 29, 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 Maharashtra State Electricity Distribution Company, 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 Maharashtra State Electricity Distribution Company'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 Maharashtra State Electricity Distribution Company

Recent Activity within the Organization

Charges

A charge with Indian Bank amounted to Rs. 2,000.00 Cr with Charge ID 101198469 was registered on 01 Dec 2025. was recorded as a recent event.
01 Dec 2025
Charges

The activity A charge registered on 30 Sep 2020 via Charge ID 100380533 with Others was fully satisfied on 20 Nov 2025. was completed.
20 Nov 2025
Charges

Progress on A charge with Others amounted to Rs. 1,191.20 Cr with Charge ID 101177853 was registered on 10 Oct 2025. was documented.
10 Oct 2025
Charges

Progress on A charge registered on 11 Sep 2020 via Charge ID 100371946 with Others was fully satisfied on 23 Sep 2025. was documented.
23 Sep 2025
Charges

Progress on A charge with Uco Bank amounted to Rs. 1,800.00 Cr with Charge ID 101164713 was registered on 12 Sep 2025. was documented.
12 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 5,000.00 Cr with Charge ID 101162494 was registered on 12 Sep 2025. was completed.
12 Sep 2025

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