Mangalore Electricity Supply Company Limited - Company Profile

It is a energy and power public limited state government company based in Mangalore, Karnataka, India, established in 2002.
2002 Mangalore, Karnataka, India Active
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About Mangalore Electricity Supply Company Limited

Mangalore Electricity Supply Company Limited, a active public limited state government company, was established on 29 April 2002 in Mangalore, Karnataka, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109KA2002SGC030425. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹916.34 Cr.

It upholds a compliant status. Employing 45 professional, Its leadership includes Pankaj Kumar Pandey (Director), Reju Murickummoodu Thankachan (Director), Rajaputrapalya Hanumantharayappa Lakshmipathy (Director). Past directors included Vishal Ravi, Pankaj Kumar Pandey, Besta Narasimaiah Sathya Prema Kumar. It holds ₹3,340.24 Cr open charges and ₹2,455.84 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Mescom Bhavana Bejai, Kavoor Cross Road, Mangalore, Karnataka, 575004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U40109KA2002SGC030425

  • Registration Number

    030425

  • Incorporation Date

    29 April 2002

  • Authorized Capital

    ₹1,000.00 Cr

  • Paid-Up Capital

    ₹916.34 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 916.34 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3,340.24 Cr
  • Satisfied Charges ₹ 2,455.84 Cr
  • Revenue Growth **** 16.27%
  • Profit Growth **** 58.54%
  • Ebitda **** -3.40%
  • Net Worth 14.07%
  • Total Assets -0.90%
Company report

Mangalore Electricity Supply Company Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mangalore Electricity Supply 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 Mangalore Electricity Supply Company Limited?
Current Directors
Name Designation Appointment Date Status
Pankaj Kumar Pandey Director 06 Jun 2023 Current
Reju Murickummoodu Thankachan Director 18 Aug 2023 Current
Rajaputrapalya Hanumantharayappa Lakshmipathy Director 01 Jul 2022 Current
Padmavati Husanappa Dhanvantari Managing Director 05 Jul 2023 Current
Shivanna Director 07 Nov 2022 Current
Dalavayee Kodandapani Director 16 Mar 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Jul 2016 Past
Pramod Abcsdd Director 10 Nov 2025 Past
Pramod Abcsdd Director 07 Jul 2008 Past
Pramod Abcsdd Director 17 Nov 2007 Past
Pramod Abcsdd Managing Director 06 Aug 2018 Past
Pramod Abcsdd Director 29 Jul 2010 Past

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Financial Performance of Mangalore Electricity Supply Company.

Mangalore Electricity Supply Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.27% increase. The company also saw a substantial improvement in profitability, with a 58.54% increase in profit. The company's net worth Soared by an impressive increase of 14.07%.

Mangalore Electricity Supply Company revenue growth over time
Mangalore Electricity Supply Company profit and loss trends over time
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
  • 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
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 16.27%
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Revenue from Operations
*******
 16.66%
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*******
*******
Total Assets
*******
 -0.90%
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*******
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*******
Profit or Loss
*******
 58.54%
*******
*******
*******
*******
Net Worth
*******
 14.07%
*******
*******
*******
*******
EBITDA
*******
 -3.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mangalore Electricity Supply Company?

In 2023, Mangalore Electricity Supply Company 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)
shareholding
  • 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

₹33,402,353,000.00

Satisfied Charges

₹24,558,409,000.00

Charges Breakdown by Lending Institutions
  • Others : 972.74 Cr
  • State Bank Of India : 950.00 Cr
  • Bank Of India : 540.00 Cr
  • Syndicate Bank : 500.00 Cr
  • Indian Bank : 220.00 Cr
  • Others : 157.50 Cr
Latest Charge Details
Date Lender Amount Status
26 Mar 2025 State Bank Of India ₹340.00 Cr Open
26 Mar 2025 State Bank Of India ₹100.00 Cr Open
30 Mar 2024 State Bank Of India ₹75.00 Cr Open
09 Jan 2024 State Bank Of India ₹300.00 Cr Open
29 Mar 2022 Indian Bank ₹220.00 Cr Open

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How Many Employees Work at Mangalore Electricity Supply Company?

Mangalore Electricity Supply Company has a workforce of 45 employees as of Apr 08, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangalore Electricity Supply 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 Mangalore Electricity Supply Company's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Mangalore Electricity Supply Company
Recent Activity within the Organization
  • Director Appointment

    Channabasave Gowda Basavanna was appointed as a Director was appointed as a Director on 09 Dec 2025 & has been associated with this company since 2 months 20 days . was recorded as a recent event.

  • Director Appointment

    Progress on Kinninje Harish Kumar was appointed as a Director was appointed as a Director on 30 Sep 2025 & has been associated with this company since 4 months 29 days . was documented.

  • Annual General Meeting

    Mangalore Electricity Supply Company Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Harish Kumar Vittal was appointed as a Whole-time director was appointed as a Whole-time director on 04 Sep 2025 & has been associated with this company since 5 months 24 days . was recorded as a recent event.

  • Director Appointment

    Muralidhara Nayak was appointed as a Cfo was appointed as a Cfo on 23 Jun 2025 & has been associated with this company since 8 months 5 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Mangalore Electricity Supply Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

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Frequently Asked Questions
What is the CIN of Mangalore Electricity Supply Company Limited?

The CIN of Mangalore Electricity Supply Company Limited is U40109KA2002SGC030425.

Where is Mangalore Electricity Supply Company Limited headquartered?

Mangalore Electricity Supply Company Limited is headquartered at Mescom Bhavana Bejai, Kavoor Cross Road, Mangalore, Karnataka, 575004.

When was Mangalore Electricity Supply Company Limited incorporated?

Mangalore Electricity Supply Company Limited was incorporated on 29 April 2002.

Who are the current directors of Mangalore Electricity Supply Company Limited?

The current directors of Mangalore Electricity Supply Company Limited are

What is the primary industry of Mangalore Electricity Supply Company Limited?

The primary industry of Mangalore Electricity Supply Company Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Mangalore Electricity Supply Company Limited a listed company?

Mangalore Electricity Supply Company Limited is unlisted.

What is the capital structure of Mangalore Electricity Supply Company Limited?

The authorized capital of Mangalore Electricity Supply Company Limited is ₹1,000.00 Cr, and the paid-up capital is ₹916.34 Cr.

What is the compliance status of Mangalore Electricity Supply Company Limited?

The compliance status of Mangalore Electricity Supply Company Limited is Compliant.

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