About Sikkim Power Transmission Limited
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Sikkim Power Transmission Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Sikkim Urja Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 10 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40109DL2006PLC151871. Its GSTIN is 07AACCT5223D1ZQ (Delhi). The company holds 9 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹388.45 Cr. It was formerly known as Teestavalley Power Transmission Limited. It is led by directors including Gopalam Adiseshu (Managing Director) and Vijay Kumar Bhaskar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13th Floor Hindustan Times House, Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹246.77 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹64.98 Cr (net margin 26.3%) and EBITDA of ₹232.17 Cr (EBITDA margin 94.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹939.77 Cr and satisfied charges of ₹1,627.82 Cr on record. Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 4 cases are pending. The company has 8 deals on record (3 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹157.69 Cr; the latest was in August 2023. Its 5 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Jabalpur Power Transmission Limited with revenue of ₹270.81 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tvptl.com.
Company details
CIN history
Sikkim Power Transmission has one previous CIN (Corporate Identification Number): U40109DL2006SGC151871. The current CIN is U40109DL2006PLC151871, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109DL2006PLC151871 | Current |
| U40109DL2006SGC151871 | Previous |
Contact details
Sikkim Power Transmission Limited's registered office is in New Delhi, Delhi.
- Registered Address13th Floor Hindustan Times House, Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryEnergy and Power, Power Transmission & Distribution Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Sikkim Power Transmission is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sikkim Power Transmission Limited, buy the company report.
Financials of Sikkim Power Transmission Limited
FY 2024 filings availableSikkim Power Transmission Limited reported revenue of ₹246.77 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 3% fall in the latest year. EBITDA fell 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹232.17 Cr | ||||
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| Net Profit (PAT) | ₹64.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.1% | ||||
| Net Profit Margin | 26.3% | ||||
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To see the full financial statements and ratios of Sikkim Power Transmission Limited, buy the company report.
Board of directors of Sikkim Power Transmission Limited
Sikkim Power Transmission has 8 current directors and 58 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stuti Kacker | Nominee Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Naredla Venugopala Rao | Nominee Director | 21 Mar 2025 | 1 Years 7 Months | Current |
| Jampana Venkata Satyadurgaprasada Raju Also directs: Sikkim Urja Limited, Indeutsche Ties LLP, Taranda Hydro Power Private Limited and 5 more | Nominee Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Sanjay Kumar Gupta | Nominee Director | 22 Jan 2025 | 1 Years 9 Months | Current |
| Gopalam Adiseshu Also directs: Sikkim Urja Limited, Harsar Hydro Projects Private Limited, Bharmour Hydro Projects Private Limited and 5 more | Managing Director | 01 Feb 2022 | 4 Years 9 Months | Current |
| Dondla Nagendra Prasad Also directs: Sikkim Urja Limited, Greenko Sandla Wind Project Private Limited, Greenko Demwe Power Limited and 5 more | Nominee Director | 12 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Sikkim Power Transmission Limited is compared with the 5 companies closest to it by revenue in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jabalpur Power Transmission Limited | ₹270.81 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| MP Power Transmission Package-I Limited | ₹260.25 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| Bharatpur Electricity Services Limited | ₹254.43 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Sikkim Power Transmission Limitedthis company | ₹246.77 Cr (FY 2025) | ₹64.98 Cr | 26.3% | -3.0% | New Delhi, Delhi, India | |
| Jharkhand Urja Sancharan Nigam Limited | ₹242.37 Cr (FY 2021) | 2.0% | Ranchi, Jharkhand, India | |||
| Vizag Transmission Limited | ₹222.72 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sikkim Power Transmission Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2022 | 100560395 | Others | ₹939.77 Cr | Open | |
| 19 Sep 2019 | 100292693 | Others | ₹19.95 Cr | Satisfied | |
| 28 Aug 2019 | 100286177 | United Bank of India | ₹11.59 Cr | Satisfied | |
| 09 Jul 2019 | 100276444 | Others | ₹20.52 Cr | Satisfied | |
| 03 May 2018 | 100180513 | Others | ₹41.57 Cr | Satisfied |
To see the full charge records of Sikkim Power Transmission Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Sikkim Power Transmission Limited has 8 deals on record (3 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹157.69 Cr; the latest was in August 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Rights issue | ₹25.84 Cr | Investors: Power Grid Corporation of India Limited |
| Jan 2017 | Rights issue | ₹95.37 Cr | Investors: Sikkim Urja Limited , Power Grid Corporation of India Limited |
| May 2015 | Rights issue | ₹109.49 Cr | Investors: Sikkim Urja Limited , Power Grid Corporation of India Limited |
| Jan 2013 | Funding round | ₹79.53 Cr | Investors: Sikkim Urja Limited , Power Grid Corporation of India Limited |
| Mar 2010 | Funding round | ₹78.16 Cr | Investors: Sikkim Urja Limited , Power Grid Corporation of India Limited |
To see the full deal history of Sikkim Power Transmission Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sikkim Power Transmission Limited has 23 court cases on record: 14 filed by Sikkim Power Transmission, 9 filed against it. 4 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 10 | 0 | 3 |
| High courts | 7 | 5 | 0 |
| District courts | 4 | 4 | 0 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Ravindra Beleyur Liquidator of M/S Deepak Cables (India) Ltd 48/3 2Nd Floor, 1St Main, 2Nd Cross , Royan Circle, Chamarajpet ,Bangalore , Karnataka | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against M/S Abir Infrastructure Pvt. Ltd. | Pending |
| NCLAT, Court I | Tribunal matter | Filed by the company against Mr. Ravindra Beleyur Liquidator of M/S Deepak Cables (India) Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against M/S Abir Infrastructure Pvt. Ltd. | Disposed |
| NCLAT, Registrar Court | Tribunal matter | Filed by the company against M/S Abir Infrastructure Pvt. Ltd. | Disposed |
To see the full case history of Sikkim Power Transmission Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sikkim Power Transmission Limited was last rated by Icra on 29 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Oct 2021 |
To see the full credit ratings and regulatory alerts of Sikkim Power Transmission Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sikkim Power Transmission Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sikkim Power Transmission has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCT5223D1ZQ | Delhi | Active | 01 Jul 2017 |
| 07AACCT5223D1DZ | Delhi | Active | 08 Nov 2018 |
| 10AACCT5223D1Z3 | Bihar | Active | 01 Jul 2017 |
| 11AACCT5223D1Z1 | Sikkim | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sikkim Power Transmission Limited, buy the company report.
Recent activity
Sikkim Power Transmission Limited has 66 board changes on record since 2009: 8 appointments and 58 cessations. The latest: Gopalam Adiseshu ceased to be Nominee Director on 03 Apr 2025.
78 earlier events are in the company report.
Frequently asked questions
Sikkim Power Transmission is an active public limited company based in New Delhi, Delhi, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 10 August 2006 (20+ years old) and is registered under CIN U40109DL2006PLC151871.
Sikkim Power Transmission has 8 current directors:
- Gopalam Adiseshu - Managing Director
- Vijay Kumar Bhaskar - Whole-Time Director
- Stuti Kacker - Nominee Director
- Naredla Venugopala Rao - Nominee Director
- Jampana Venkata Satyadurgaprasada Raju - Nominee Director
- Sanjay Kumar Gupta - Nominee Director
- Dondla Nagendra Prasad - Nominee Director
- Naveen Srivastava - Nominee Director
The latest financial statements of Sikkim Power Transmission on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sikkim Power Transmission is 07AACCT5223D1ZQ, registered in Delhi. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 07AACCT5223D1DZ (Delhi), 10AACCT5223D1Z3 (Bihar), 11AACCT5223D1Z1 (Sikkim).
The CIN (Corporate Identification Number) of Sikkim Power Transmission is U40109DL2006PLC151871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sikkim Power Transmission has 23 court cases on record: 14 filed by the company and 9 filed against it. 4 are pending. Most are in the nclat.
Sikkim Power Transmission was incorporated on 10 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Sikkim Power Transmission has 8 deals on record (3 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹157.69 Cr; the latest was in August 2023.
The peers of Sikkim Power Transmission by revenue are Jabalpur Power Transmission Limited, MP Power Transmission Package-I Limited, Bharatpur Electricity Services Limited, Jharkhand Urja Sancharan Nigam Limited, Vizag Transmission Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Gopalam Adiseshu ceased to be Nominee Director on 03 Apr 2025. Naredla Venugopala Rao was appointed as Nominee Director on 21 Mar 2025. Jampana Venkata Satyadurgaprasada Raju was appointed as Nominee Director on 07 Mar 2025. Sikkim Power Transmission has 66 board changes on record in total.
Sikkim Power Transmission can be reached through the website tvptl.com. Its registered office is in New Delhi, Delhi, India.
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