Gujarat Industries Power Company share news and announcements

NSE: GIPCLBSE: 517300PowerSmall Cap

₹153.76₹3.50 (2.23%)BSE ₹153.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹157.26.

52-week range of traded prices to 23 Oct 2026

₹119.90Low, 30 Mar 2026₹211.71High, 3 Sep 2026

Market cap: ₹2,387 Cr1,106th largest listed
P/E: 4.7
P/B: 0.6
Dividend yield: 2.67%
ROE: 13.7%
ROCE: 4.8%
Debt to equity: 0.88
Volume, NSE: 4,76,54851.8% delivered

Gujarat Industries Power Company orders, deals and press releases

10 filed, newest first.

Oct 2026
- 17 Oct · Business
  GIPCL intimation regarding acceptance of order by M/s. Bondada Engineering Limited (opens in a new tab)
Aug 2025
- 12 Aug · Business
  Awarding of contract(s) (opens in a new tab)
- 12 Aug · Business
  Statement of deviation(s) or variation(s) under Reg. 32 (opens in a new tab)
Oct 2023
- 31 Oct · Business
  Memorandum of Understanding/Agreements (opens in a new tab)
Aug 2023
- 14 Aug · Business
  It is hereby informed that the Power Purchase Agreement executed between M/s Gujarat Industries Power Company Limited and M/s Gujarat Urja Vikas Nigam Limited on 11/08/2023 for procurement of power from 600MW Solar PV project at Khavda, Great Rann of Kutch area, Gujarat. (opens in a new tab)
Sep 2022
- 21 Sep · Business
  Further to our intimation dated 09/09/2022, it is hereby informed that the Company has issued Letter of Intent (LoI), inter alia, for Design, Engineering, Manufacturing, Assembly, Procurement, Commissioning etc., to M/s. KEC International Limited on 20/09/2022 for 1200 MW (Pooling Sub Station-1) of 2375 MW Solar/Wind/ Hybrid Renewable Energy Park of 2375 MW capacity at Great Rann of Kutch area, Gujarat under single EPC basis. (opens in a new tab)
Aug 2021
- 7 Aug · Business
  Memorandum of Understanding/Agreements.The Board of Directors of the Company at its Meeting held on 07.08.2021 had approved the draft Shareholders Agreement to be entered into amongst Gujarat State Fertilizers & Chemicals Limited (GSFC), Gujarat Alkalies and Chemicals Limited (GACL), Gujarat Industries Power Company Ltd. (GIPCL) and Vadodara Municipal Corporation (VMC), Joint Venture Partners (collectively JV Partners ) and Vadodara Jal Sanchay Private Limited (VJSPL), a Special Purpose Vehicle / Joint Venture Company incorporated by the JV Partners. The details of the Agreement as per Regulation 30 of SEBI Listing Regulations is enclosed herewith along with covering letter. (opens in a new tab)
May 2018
- 8 May · Business
  It is hereby informed that the National Company Law Tribunal (NCLT), Ahmedabad Bench has, vide its two separate Orders, certified copies dated May 08, 2018 allowed GIPCL and GIPCO to withdraw their respective Applications seeking approval of the Hon ble Bench to the Scheme of Arrangement in the nature of Merger of GIPCL Projects Consultancy Company Limited (GIPCO- wholly owned subsidiary of GIPCL / unlisted Transferor Company and Gujarat Industries Power Company Limited (GIPCL listed Transferee Company The Hon ble Bench has accordingly recalled its earlier Orders dated November 06, 2017. (opens in a new tab)
Dec 2017
- 21 Dec · Business
  Board of Directors of GIPCL has at its Meeting held on December 21, 2017, approved the following: 1. Rescission of the proposed Scheme of Merger of GIPCL Projects and Consultancy Company Limited (GIPCO) with GIPCL before the National Company Law Tribunal (NCLT); and 2. Proposal to file Application for "Voluntary Liquidation" of GIPCL Projects and Consultancy Company Limited (GIPCO), before the NCLT. Accordingly, the company is not proceeding further for merger of its Wholly Owned Subsidiary Company (GIPCO) with the Holding Company i.e. GIPCL. (opens in a new tab)
Aug 2016
- 30 Aug · Business
  Board of Directors of the Company at its Meeting held on August 26, 2016, approved the Draft Scheme of Arrangement in the nature of Merger of GIPCL Projects and Consultancy Company Limited (GIPCO) a wholly owned subsidiary of GIPCL, with the Company viz. GIPCL under Sections 391 to 394 of the Companies Act, 1956 or under Sections 230 to 233 of the Companies Act, 2013, as may be applicable. Further, pursuant to Regulation 37(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company proposes to approach, by a separate Letter, your esteemed Exchange for obtaining No-objection Letter to the said Draft Scheme of Arrangement, in due course of time. (opens in a new tab)

Gujarat Industries Power Company orders, deals and press releases

Oct 2026

Aug 2025

Oct 2023

Aug 2023

Sep 2022

Aug 2021

May 2018

Dec 2017

Aug 2016