Paschim Gujarat Vij Company Limited - Company Profile

It is a energy and power public limited state government company based in Rajkot, Gujarat, India, established in 2003.

2003 Rajkot, Gujarat, India Active

Last Updated: January 10, 2026

About Paschim Gujarat Vij Company Limited

Paschim Gujarat Vij Company Limited, a active public limited state government company, was established on 15 September 2003 in Rajkot, Gujarat, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40102GJ2003SGC042908. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹15,000.00 Cr and a paid-up capital of ₹9,825.29 Cr.

It upholds a compliant status. Its leadership includes Papia Sengupta (Director), Kamlesh Kumar Jangid (Nominee Director), Nirmal Kumar Jha (Director). Past directors included Shahmeena Syedafzal Husain, Abhishek Kumar Sinha, Kiran Mukundrao Shringarpure. It holds ₹1,117.35 Cr open charges and ₹2,119.00 Cr settled loans. Its latest AGM occurred on 10 December 2025, with the balance sheet filed on 31 March 2025. It is based at Paschimgujaratvijsevasadan,Offnanamavamainroad,Laxminagar, Rajkot, Gujarat, 360004.

Company Details

CIN/LLPIN
U40102GJ2003SGC042908
Registration Number
042908
Incorporation Date
15 September 2003
Authorized Capital
₹15,000.00 Cr
Paid-Up Capital
₹9,825.29 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 15,000.00 Cr as on 10-01-2026
Paid Up Capital ₹ 9,825.29 Cr as on 10-01-2026
Company Age 22 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,117.35 Cr as on 10-01-2026
Satisfied Charges ₹ 2,119.00 Cr as on 10-01-2026
Revenue Growth **** 18.96% (FY 2023)
Profit Growth **** -64.69% (FY 2023)
Ebitda **** -60.46% (FY 2023)
Net Worth 9.53% (FY 2023)
Total Assets **** 8.13% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Paschim Gujarat Vij 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 Paschim Gujarat Vij Company Limited?

Current Directors

Name	Designation	Appointment Date	Status
Papia Sengupta	Director	29 Jul 2024	Current
Kamlesh Kumar Jangid	Nominee Director	26 Jul 2023	Current
Nirmal Kumar Jha	Director	29 Jan 2024	Current
Ketan Prabhashankar Joshi	Managing Director	03 Jun 2025	Current
Sanjay Mathur	Nominee Director	25 Mar 2025	Current
Swapnil Garg	Director	29 Jul 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	01 Mar 2020	Past
Pramod Abcsdd	Nominee Director	23 Apr 2020	Past
Pramod Abcsdd	Nominee Director	29 Dec 2014	Past
Pramod Abcsdd	Managing Director	22 Apr 2013	Past
Pramod Abcsdd	Nominee Director	29 Jan 2020	Past
Pramod Abcsdd	Nominee Director	02 Feb 2018	Past

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Financial Performance of Paschim Gujarat Vij Company.

Paschim Gujarat Vij Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.96% increase. The company also saw a substantial fall in profitability, with a 64.69% decrease in profit. The company's net worth moved up by a moderate rise of 9.53%.

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

********

18.96%

*******

Revenue from Operations

*******

18.73%

*******

Total Assets

*******

8.13%

*******

Profit or Loss

*******

-64.69%

*******

Net Worth

*******

9.53%

*******

EBITDA

*******

-60.46%

*******

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What is the Ownership and Shareholding Structure of Paschim Gujarat Vij Company?

In 2023, Paschim Gujarat Vij 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)

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

₹11,173,500,000.00

Satisfied Charges

₹21,190,000,000.00

Charges Breakdown by Lending Institutions

Others : 812.00 Cr
Power Finance Corporation Limited : 305.35 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Mar 2011	Power Finance Corporation Limited	₹63.67 Cr	Open
16 Sep 2010	Power Finance Corporation Limited	₹166.42 Cr	Open
03 Sep 2009	Power Finance Corporation Limited	₹75.26 Cr	Open
08 Jan 2007	Others	₹812.00 Cr	Open
07 May 2015	Bank Of Baroda	₹65.00 Cr	Satisfied

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How Many Employees Work at Paschim Gujarat Vij Company?

Unlock and access historical data on people associated with Paschim Gujarat Vij Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Paschim Gujarat Vij 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 Paschim Gujarat Vij Company's trajectory.

Rating

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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 Paschim Gujarat Vij Company

Recent Activity within the Organization

Annual General Meeting

The activity Paschim Gujarat Vij Company Limited last Annual general meeting of members was held on 10 Dec 2025 as per latest MCA records. was completed.
10 Dec 2025
Director Appointment

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 7 months 22 days . was recorded as a recent event.
07 Jul 2025
Director Appointment

The activity Ketan Prabhashankar Joshi was appointed as a Managing Director was appointed as a Managing Director on 03 Jun 2025 & has been associated with this company since 8 months 25 days . was completed.
03 Jun 2025
Balance Sheet

Paschim Gujarat Vij Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Sanjay Mathur was appointed as a Nominee Director was appointed as a Nominee Director on 25 Mar 2025 & has been associated with this company since 11 months 4 days . was completed.
25 Mar 2025
Director Appointment

The activity Papia Sengupta was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
29 Jul 2024

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