Greater Visakhapatnam Smart City Corporation Limited

Manages state and community policies for economic and social development in Visakhapatnam, AP.

2016 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Greater Visakhapatnam Smart City Corporation Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 200.00 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 245.71 Cr
  • Satisfied Charges ₹ 164.27 Cr
  • Revenue Growth 45.38%
  • Profit Growth -578.98%
  • Ebitda -23.61%
  • Net Worth -4.26%
  • Total Assets 45.39%

About Greater Visakhapatnam Smart City Corporation

Greater Visakhapatnam Smart City Corporation Limited (GVSCCL) is a Public Limited Indian Non-Government Company incorporated in India on 11 March 2016 (Eight years and 11 months 23 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 200.00 Cr.

The company currently has active open charges totaling ₹245.71 Cr. The company has closed loans amounting to ₹164.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Greater Visakhapatnam Smart City Corporation Limited India are Ananda Gudaparthi as Cfo, Kusumambha Polishetty as Company Secretary, and Sampath Pommala as Ceo. Harendhiraprasad Nagamanickam, Pommala Kumar, Prudhvi Immadi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gvsccl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900AP2016PLC098495

  • Company No.

    098495

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2016

  • Date of AGM

    30 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Business Services
Infrastructure and Utilities

Who are the key members and board of directors at Greater Visakhapatnam Smart City Corporation?

Executive Team (4)

NameDesignationAppointment DateStatus
Ananda Gudaparthi CFO15-Feb-2024Current
Pommala Kumar Country flag representing In Managing Director20-Jul-2024Current
Kusumambha Polishetty Company Secretary31-Aug-2024Current
Sampath Pommala CEO03-Oct-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Harendhiraprasad Nagamanickam Country flag representing In Additional Director 02-Jul-2024Current
Prudhvi Immadi Country flag representing In Director 06-Apr-2023Current
Lakshmi Raavi Country flag representing In Director 29-Jul-2022Current
Viswanathan Sivasubramanian Additional Director 20-Jul-2024Current
Vithal Pingali Country flag representing In Director 29-Jul-2022Current
Satchidananda Sangani Country flag representing In Nominee Director 25-Apr-2022Current

Financial Performance of Greater Visakhapatnam Smart City Corporation.

Greater Visakhapatnam Smart City Corporation Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 45.38% increase. The company also saw a substantial fall in profitability, with a 578.98% decrease in profit. The company's net worth dipped by a decrease of 4.26%.

Greater Visakhapatnam Smart City Corporation revenue growth over time
Greater Visakhapatnam Smart City Corporation profit and loss trends over time
  • 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
45.38%
Revenue from Operations
85.56%
Total Assets
45.39%
Profit or Loss
-578.98%
Net Worth
-4.26%
EBITDA
-23.61%

What is the Ownership and Shareholding Structure of Greater Visakhapatnam Smart City Corporation?

In 2022, Greater Visakhapatnam Smart City Corporation 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 Indicator graph

Charges (Loans)

Open Charges

₹245.71 Cr

Satisfied Charges

₹164.27 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 245.71 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2019Vijaya Bank₹245.71 CrOpen
31 Mar 2022Others₹164.27 CrSatisfied

How Many Employees Work at Greater Visakhapatnam Smart City Corporation?

Unlock and access historical data on people associated with Greater Visakhapatnam Smart City Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Greater Visakhapatnam Smart City Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Greater Visakhapatnam Smart City 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 Greater Visakhapatnam Smart City Corporation'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.

Latest Updates, News, and FAQs on Greater Visakhapatnam Smart City Corporation

Recent activity within the organization

  • Charges

    A charge registered on 31 Mar 2022 via Charge ID 100563791 with Others was fully satisfied on 19 Oct 2024.

  • Director Appointment

    Sampath Kumar Pommala was appointed as a Ceo was appointed as a Ceo on 03 Oct 2024 & has been associated with this company since 5 months .

  • Director Appointment

    Kusumambha Polishetty was appointed as a Company Secretary was appointed as a Company Secretary on 31 Aug 2024 & has been associated with this company since 6 months 3 days .

  • Director Appointment

    Pommala Sampath Kumar was appointed as a Managing Director was appointed as a Managing Director on 20 Jul 2024 & has been associated with this company since 7 months 14 days .

  • Director Appointment

    Viswanathan Sivasubramanian was appointed as a Additional Director was appointed as a Additional Director on 20 Jul 2024 & has been associated with this company since 7 months 14 days .

  • Director Appointment

    Harendhiraprasad Murugesan Nagamanickam was appointed as a Additional Director was appointed as a Additional Director on 02 Jul 2024 & has been associated with this company since 8 months 1 day .

Frequently asked questions

  • What is the Incorporation or founding date of Greater Visakhapatnam Smart City Corporation Limited?

    Greater Visakhapatnam Smart City Corporation Limited was incorporated on 11 Mar 2016.

  • What is authorized share capital and paid-up capital of Greater Visakhapatnam Smart City Corporation Limited?

    The authorized share capital of Greater Visakhapatnam Smart City Corporation Limited is ₹ 200.00 Cr and paid-up capital is ₹ 200.00 Cr.

  • Who are the current board members & directors of Greater Visakhapatnam Smart City Corporation Limited?

    Currently 10 directors are associated with Greater Visakhapatnam Smart City Corporation Limited.

    • Ananda Rao Gudaparthi
    • Harendhiraprasad Murugesan Nagamanickam
    • Pommala Sampath Kumar
    • Prudhvi Tej Immadi
    • Lakshmi Narayana Raavi
    • Viswanathan Sivasubramanian
    • Kusumambha Polishetty
    • Sampath Kumar Pommala
    • Vithal Kumar Pingali
    • Satchidananda Varma Sangani

  • What is the registered address of Greater Visakhapatnam Smart City Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Greater Visakhapatnam Smart City Corporation Limited is Room No.306 C/O.Gvmc Tenneti Bhavan, Asilmetta India, Visakhapatnam, Andhra Pradesh, 530002.

  • What is the corporate identification number (CIN) and company number of Greater Visakhapatnam Smart City Corporation Limited?

    The corporate identification number (CIN) of Greater Visakhapatnam Smart City Corporation Limited is U74900AP2016PLC098495 and the company number is 098495 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Greater Visakhapatnam Smart City Corporation Limited?

    The Official website of Greater Visakhapatnam Smart City Corporation Limited is https://www.gvsccl.com

  • What has been the recent revenue trend for Greater Visakhapatnam Smart City Corporation Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Greater Visakhapatnam Smart City Corporation Limited has risen by 45.38%.

  • What change has been observed in the net worth of Greater Visakhapatnam Smart City Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Greater Visakhapatnam Smart City Corporation Limited has experienced an downturn of -4.26%.

  • What are the total open charges for Greater Visakhapatnam Smart City Corporation Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Greater Visakhapatnam Smart City Corporation Limited amount to ₹ 245.71 Cr.

  • When was the last Balance Sheet of Greater Visakhapatnam Smart City Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Greater Visakhapatnam Smart City Corporation Limited was filed with the ROC on 31 Mar 2020.

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