Vasavi Power Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.13 Cr
- Company Age 23 Year, 16 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 68.39 Cr
- Satisfied Charges ₹ 3.01 Cr
- Revenue Growth -62.84%
- Profit Growth 32.26%
- Ebitda 104.04%
- Net Worth -14.35%
- Total Assets -22.04%
About Vasavi Power Services
Vasavi Power Services Private Limited (VPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2002 and has a history of 23 years. Its registered office is in 521456, Andhra Pradesh.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.13 Cr.
The company currently has active open charges totaling ₹68.39 Cr. The company has closed loans amounting to ₹3.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kiran Nallapu, Nallapu Anitha, and Ramaiah Nallapu serve as directors at the Company.
Company Details
- Location 521456, Andhra Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210AP2002PTC038656
- Company No.
038656
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Mar 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Energy and Power
What products or services does Vasavi Power Services Private Limited offer?
Vasavi Power Services Private Limited offers a wide range of products and services, including Software Testing Services, Manpower Service, Technical Consultancy Services, Testing Services, Electrical Testing Service, Home Appliances Repair & Maintenance, Overhauling Service, Power Turbine, Steam Turbines, Plant Maintenance Services.
Who are the key members and board of directors at Vasavi Power Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Nallapu  | Managing Director | 15-Mar-2002 | Current |
| Ramaiah Nallapu | Managing Director | 15-Mar-2002 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nallapu Anitha | Director | 15-Mar-2002 | Current |
Financial Performance of Vasavi Power Services.
Vasavi Power Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 62.84% decrease. The company also saw a substantial improvement in profitability, with a 32.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vasavi Power Services?
In 2021, Vasavi Power Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vasavi Mro Private LimitedKiran Nallapu, Nallapu Anitha and 1 more are mutual person
- Mathsya Giri Laxmi Narshimha Power Private Limited
Kiran Nallapu and Ramaiah Nallapu are mutual person
- Vasavi Energy Equipment Private Limited
Nallapu Anitha is a mutual person
Charges (Loans)
Open Charges
₹68.39 Cr
Satisfied Charges
₹3.01 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 68.00 Cr
- Hdfc Bank Limited : 0.21 Cr
- Kotak Mahindra Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2010 | Hdfc Bank Limited | ₹2.13 M | Open |
| 21 Jan 2010 | Kotak Mahindra Bank Limited | ₹1.77 M | Open |
| 22 Jul 2002 | Canara Bank | ₹68.00 Cr | Open |
| 27 Jun 2013 | Kotak Mahindra Bank Limited | ₹0.90 M | Satisfied |
| 18 Oct 2011 | Kotak Mahindra Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Vasavi Power Services?
Vasavi Power Services has a workforce of 201 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vasavi Power Services, 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 Vasavi Power Services'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.
Latest Updates, News, and FAQs on Vasavi Power Services
Recent activity within the organization
- Annual General Meeting
Vasavi Power Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vasavi Power Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 27 Jun 2013 via Charge ID 10434778 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
- Charges
A charge registered on 18 Oct 2011 via Charge ID 10314233 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
- Charges
A charge registered on 13 Jun 2011 via Charge ID 10290470 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
- Charges
A charge registered on 07 Jun 2011 via Charge ID 10289702 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of Vasavi Power Services Private Limited?
Vasavi Power Services Private Limited was incorporated on 15 Mar 2002.
What is authorized share capital and paid-up capital of Vasavi Power Services Private Limited?
The authorized share capital of Vasavi Power Services Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.13 Cr.
Who are the current board members & directors of Vasavi Power Services Private Limited?
Currently 3 directors are associated with Vasavi Power Services Private Limited.
- Kiran Kumar Nallapu
- Nallapu Anitha
- Ramaiah Nallapu
What is the registered address of Vasavi Power Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vasavi Power Services Private Limited is Door.No.4-13 Post. Ibrahim Patnam Vijayawada Krishna District, A.P. India, 521456, Andhra Pradesh.
What is the corporate identification number (CIN) and company number of Vasavi Power Services Private Limited?
The corporate identification number (CIN) of Vasavi Power Services Private Limited is U74210AP2002PTC038656 and the company number is 038656 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vasavi Power Services Private Limited?
The Official website of Vasavi Power Services Private Limited is https://www.vasavipower.com
What has been the recent revenue trend for Vasavi Power Services Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Vasavi Power Services Private Limited has fallen by -62.84%.
How many employees does Vasavi Power Services Private Limited currently have?
As Per 2021 financial reports, 201 employees are currently employed by Vasavi Power Services Private Limited.
What change has been observed in the net worth of Vasavi Power Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Vasavi Power Services Private Limited has experienced an downturn of -14.35%.
What are the total open charges for Vasavi Power Services Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Vasavi Power Services Private Limited amount to ₹ 68.39 Cr.
When was the last Balance Sheet of Vasavi Power Services Private Limited filed with the ROC?
The most recent Balance Sheet for Vasavi Power Services Private Limited was filed with the ROC on 31 Mar 2024.
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