Vadinar Power Company Limited

Company operates co-generation power plants and supplies power and steam to refineries on long-term contracts.

1997 | Jamnagar, Gujarat (India) | Merged
Last Updated: January 18, 2025

Vadinar Power Company Profile

Key Indicators

  • Authorised Capital ₹ 4,000.00 Cr
  • Paid Up Capital ₹ 788.00 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 3,756.94 Cr
  • Revenue Growth 23.86%
  • Profit Growth -36.10%
  • Ebitda -2.08%
  • Net Worth 1.36%
  • Total Assets 15.89%

About Vadinar Power Company

Vadinar Power Company Limited (VPCL) is Amalgamated company established on 03 Oct 1997 with its office registered at Jamnagar, Gujarat, India and has been running since 27 Year, 4 Months with a paid up capital of 788.00 Cr. According to MCA records, 6 Directors and 2 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100GJ1997PLC033108

  • Company No.

    033108

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1997

  • Date of AGM

    14 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Vadinar Power Company?

Executive Team (2)

Name Designation Appointment Date Status
Mayank Bhargava Country flag representing In Company Secretary 29-May-2017 Current
Prabhat Srivastava CFO 03-Aug-2018 Current

Board Members (6)

Name Designation Appointment Date Status
Chakrapany Manoharan Country flag representing In Director 24-May-2013 Current
Mohanlal Sharma Country flag representing In Director 30-Mar-2015 Current
Kishor Makadia Country flag representing In Whole-Time Director 05-Aug-2012 Current
Sujay Sheth Country flag representing In Director 27-Sep-2016 Current
Jaskinder Shingwekar Country flag representing In Director 05-Sep-2017 Current
Anup Vikal Country flag representing In Director 14-Feb-2018 Current

Financial Performance of Vadinar Power Company.

Vadinar Power Company Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 23.86% increase. The company also saw a substantial fall in profitability, with a 36.1% decrease in profit. The company's net worth moved up by a moderate rise of 1.36%.

Graph illustrating revenue growth over time
Graph showing 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
23.86%
Revenue from Operations
10.63%
Total Assets
15.89%
Profit or Loss
-36.10%
Net Worth
1.36%
EBITDA
-2.08%

What is the Ownership and Shareholding Structure of Vadinar Power Company?

In 2017, Vadinar Power Company had a promoter holding of 73.99% and a public holding of 26.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,756.94 Cr

Charges Breakdown by Lending Institutions

  • Power Finance Corporation Limited : 1654.30 Cr
  • Axis Bank Limited : 1000.00 Cr
  • Others : 572.64 Cr
  • Idfc Limited : 305.00 Cr
  • Yes Bank Limited : 225.00 Cr

Latest Charge Details

Date Lender Amount Status
12 Apr 2017 Others ₹572.64 Cr Satisfied
29 Sep 2015 Idfc Limited ₹180.00 Cr Satisfied
24 Sep 2014 Yes Bank Limited ₹225.00 Cr Satisfied
12 Apr 2014 Idfc Limited ₹125.00 Cr Satisfied
08 Apr 2011 Power Finance Corporation Limited ₹735.00 Cr Satisfied

How Many Employees Work at Vadinar Power Company?

Vadinar Power Company has a workforce of 203 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vadinar Power 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 Vadinar Power Company'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 Vadinar Power Company

Recent activity within the organization

  • Annual General Meeting

    Vadinar Power Company Limited last Annual general meeting of members was held on 14 Sep 2018 as per latest MCA records.

    14 Sep 2018

  • Director Appointment

    Prabhat Kumar Srivastava was appointed as a Cfo was appointed as a Cfo on 03 Aug 2018 & has been associated with this company since 6 years 6 months .

    03 Aug 2018

  • Balance Sheet

    Vadinar Power Company Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Charges

    A charge registered on 12 Apr 2017 via Charge ID 100103383 with Others was fully satisfied on 06 Mar 2018.

    06 Mar 2018

  • Charges

    A charge registered on 18 Nov 2008 via Charge ID 10131570 with Axis Bank Limited was fully satisfied on 28 Feb 2018.

    28 Feb 2018

  • Director Appointment

    Anup Ajit Vikal was appointed as a Director was appointed as a Director on 14 Feb 2018 & has been associated with this company since 6 years 11 months .

    14 Feb 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Vadinar Power Company Limited was incorporated on 03 Oct 1997.

  • The authorized share capital of Vadinar Power Company Limited is ₹ 4,000.00 Cr and paid-up capital is ₹ 788.00 Cr.

  • Currently 8 directors are associated with Vadinar Power Company Limited.

    • Chakrapany Manoharan
    • Mohanlal Ramgopal Sharma
    • Kishor Bhurabhai Makadia
    • Sujay Rajababu Sheth
    • Jaskinder Kiran Shingwekar
    • Prabhat Kumar Srivastava
    • Mayank Bhargava
    • Anup Ajit Vikal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vadinar Power Company Limited is Vadinar Power Company Administration Building Refinery Site 39 Km -Okha Highwa Y, Vadinar India, Jamnagar, Gujarat, 361305.

  • The corporate identification number (CIN) of Vadinar Power Company Limited is U40100GJ1997PLC033108 and the company number is 033108 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vadinar Power Company Limited is https://www.essaroil.co.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Vadinar Power Company Limited has risen by 23.86%.

  • As Per 2016 financial reports, 203 employees are currently employed by Vadinar Power Company Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Vadinar Power Company Limited has experienced an upsurge of 1.36%.

  • The most recent Balance Sheet for Vadinar Power Company Limited was filed with the ROC on 31 Mar 2018.

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