Punjab State Power Corporation Limited - Company Profile

It is a energy and power public limited state government company based in Patiala, Punjab, India, established in 2010.

2010 Patiala, Punjab, India Active

Last Updated: January 11, 2026

About Punjab State Power Corporation Limited

Punjab State Power Corporation Limited, a active public limited state government company, was established on 16 April 2010 in Patiala, Punjab, India. Engaging in thermal power generation & plants within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109PB2010SGC033813. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹30,000.00 Cr and a paid-up capital of ₹21,709.73 Cr.

It upholds a compliant status. Employing 130 professional, Its leadership includes Alok Shekhar (Nominee Director), Jaspal Singh Dhanjal (Company Secretary), Sudhir Kumar (Cfo). Past directors included Santosh Kumar Sandhu, Anurag Agarwal, Jatinder Kumar Goyal. It holds ₹11,984.55 Cr open charges and ₹9,488.90 Cr settled loans. Its latest AGM occurred on 21 January 2025, with the balance sheet filed on 31 March 2024. It is based at Pseb, Head Office The Mall, Patiala, Punjab, 147001.

Company Details

CIN/LLPIN
U40109PB2010SGC033813
Registration Number
033813
Incorporation Date
16 April 2010
Authorized Capital
₹30,000.00 Cr
Paid-Up Capital
₹21,709.73 Cr
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 30,000.00 Cr as on 11-01-2026
Paid Up Capital ₹ 21,709.73 Cr as on 11-01-2026
Company Age 15 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 11,984.55 Cr as on 11-01-2026
Satisfied Charges ₹ 9,488.90 Cr as on 11-01-2026
Revenue Growth **** 8.86% (FY 2023)
Profit Growth **** -546.68% (FY 2023)
Ebitda **** -327.85% (FY 2023)
Net Worth -19.20% (FY 2023)
Total Assets -1.68% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Punjab State Power Corporation 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 Punjab State Power Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Alok Shekhar	Nominee Director	17 Jul 2025	Current
Jaspal Singh Dhanjal	Company Secretary	27 Apr 2010	Current
Sudhir Kumar	Cfo	11 Dec 2023	Current
Jasbir Singh	Whole-Time Director	01 Feb 2024	Current
Surinder Kumar Beri	Whole-Time Director	13 Sep 2022	Current
Bhawna Garg	Nominee Director	19 May 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	26 Jul 2011	Past
Pramod Abcsdd	Nominee Director	03 Oct 2021	Past
Pramod Abcsdd	Cfo	08 Sep 2017	Past
Pramod Abcsdd	Nominee Director	22 May 2020	Past
Pramod Abcsdd	Director	08 Jun 2010	Past
Pramod Abcsdd	Nominee Director	08 Dec 2016	Past

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Financial Performance of Punjab State Power Corporation.

Punjab State Power Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.86% increase. The company also saw a substantial fall in profitability, with a 546.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.2%.

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

********

8.86%

*******

Revenue from Operations

*******

10.27%

*******

Total Assets

*******

-1.68%

*******

Profit or Loss

*******

-546.68%

*******

Net Worth

*******

-19.20%

*******

EBITDA

*******

-327.85%

*******

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What is the Ownership and Shareholding Structure of Punjab State Power Corporation?

In 2023, Punjab State Power Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries and 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

₹119,845,473,563.00

Satisfied Charges

₹94,889,009,904.00

Charges Breakdown by Lending Institutions

Others : 6765.36 Cr
Rural Electrification Corporation Limited : 2876.67 Cr
State Bank Of India : 1927.00 Cr
Power Finance Corporation Limited : 276.82 Cr
Power Finance Corporation : 131.36 Cr
Others : 7.34 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Aug 2024	Others	₹1,440.00 Cr	Open
04 Sep 2023	Others	₹495.00 Cr	Open
14 Feb 2023	State Bank Of India	₹500.00 Cr	Open
02 Feb 2023	Others	₹500.00 Cr	Open
31 Jan 2023	Others	₹1,000.00 Cr	Open

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How Many Employees Work at Punjab State Power Corporation?

Punjab State Power Corporation has a workforce of 130 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 Punjab State Power Corporation, 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 Punjab State Power Corporation'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 Punjab State Power Corporation

Recent Activity within the Organization

Director Appointment

Progress on Alok Shekhar was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jul 2025 & has been associated with this company since 7 months 11 days . was documented.
17 Jul 2025
Director Appointment

Bhawna Garg was appointed as a Nominee Director was appointed as a Nominee Director on 19 May 2025 & has been associated with this company since 9 months 9 days . was recorded as a recent event.
19 May 2025
Charges

A charge registered on 28 Mar 2012 via Charge ID 10351638 with Rural Electrification Corporation Limited was fully satisfied on 28 Apr 2025. was recorded as a recent event.
28 Apr 2025
Charges

The activity A charge registered on 12 Mar 2012 via Charge ID 10351620 with Rural Electrification Corporation Limited was fully satisfied on 28 Apr 2025. was completed.
28 Apr 2025
Director Appointment

The activity Inder Pal Singh was appointed as a Whole-time director was appointed as a Whole-time director on 24 Mar 2025 & has been associated with this company since 11 months 4 days . was completed.
24 Mar 2025
Charges

A charge registered on 30 Apr 2013 via Charge ID 10425778 with Rural Electrification Corporation Limited was fully satisfied on 24 Jan 2025. was recorded as a recent event.
24 Jan 2025

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