Venture Power Systems India Private Limited

This company manufactures magnetic ballasts and LED panels for various markets worldwide.

2001 | Kanchipuram, Tamil Nadu (India) | Under Liquidation
Last Updated: May 04, 2024

Venture Power Systems India Profile

Key Indicators

  • Authorised Capital ₹ 14.50 Cr
  • Paid Up Capital ₹ 13.75 Cr
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 21.00 Cr
  • Satisfied Charges ₹ 23.00 Cr
  • Revenue Growth -34.60%
  • Profit Growth -2769.99%
  • Ebitda -629.76%
  • Net Worth -8.31%
  • Total Assets -12.75%

About Venture Power Systems India

Venture Power Systems India Private Limited (VPSIPL) is Under Liquidation company established on 07 Sep 2001 with its office registered at Kanchipuram, Tamil Nadu, India and has been running since 23 Year, 5 Months with a paid up capital of 13.75 Cr. According to MCA records, 3 Directors are linked to this company as of 04 May 2024.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    venturepower.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31901TN2001PTC047708

  • Company No.

    047708

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2001

  • Date of AGM

    06 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Venture Power Systems India Private Limited offer?

Venture Power Systems India Private Limited offers a wide range of products and services, including Voltage & Power Stabilizers, Electric Ballast, Circuit Breakers, Control Gears, Decorative Light, Lamp & Lamp Shades, Lamps, Indoor Lights & Lighting Accessories, Vapour Lamp, Street, Flood and Commercial Lights, Sodium Lamps.

Who are the key members and board of directors at Venture Power Systems India?

Board Members (3)

NameDesignationAppointment DateStatus
Jose John Country flag representing In Director 01-Aug-2011Current
Kariyarath Praveen Country flag representing In Director 30-Sep-2006Current
Manikunnath Radhakrishnan Country flag representing In Director 30-Sep-2006Current

Financial Performance of Venture Power Systems India.

Venture Power Systems India Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 34.6% decrease. The company also saw a substantial fall in profitability, with a 2769.99% decrease in profit. The company's net worth dipped by a decrease of 8.31%.

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
-34.60%
Revenue from Operations
-39.35%
Total Assets
-12.75%
Profit or Loss
-2769.99%
Net Worth
-8.31%
EBITDA
-629.76%

What is the Ownership and Shareholding Structure of Venture Power Systems India?

In 2019, Venture Power Systems India 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

₹21.00 Cr

Satisfied Charges

₹23.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 21.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2012Bank Of India₹21.00 CrOpen
28 Nov 2013Aditya Birla Finance Limited₹13.00 CrSatisfied
23 Oct 2009Barclays Bank Plc₹10.00 CrSatisfied

How Many Employees Work at Venture Power Systems India?

Venture Power Systems India has a workforce of 131 employees as of Apr 07, 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 Venture Power Systems India, 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 Venture Power Systems India'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 Venture Power Systems India

Recent activity within the organization

  • Annual General Meeting

    Venture Power Systems India Private Limited last Annual general meeting of members was held on 06 Sep 2019 as per latest MCA records.

    06 Sep 2019

  • Charges

    A charge registered on 28 Nov 2013 via Charge ID 10472988 with Aditya Birla Finance Limited was fully satisfied on 25 Apr 2019.

    25 Apr 2019

  • Balance Sheet

    Venture Power Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Charges

    A charge with Aditya Birla Finance Limited of Rs. 13.00 Cr registered on 28 Nov 2013 with Charge ID 10472988 was modified on 04 Jul 2014.

    04 Jul 2014

  • Charges

    A charge with Aditya Birla Finance Limited amounted to Rs. 13.00 Cr with Charge ID 10472988 was registered on 28 Nov 2013.

    28 Nov 2013

  • Charges

    A charge with Bank Of India of Rs. 21.00 Cr registered on 19 Mar 2012 with Charge ID 10349172 was modified on 29 Mar 2012.

    29 Mar 2012

Frequently asked questions

  • Venture Power Systems India Private Limited was incorporated on 07 Sep 2001.

  • The authorized share capital of Venture Power Systems India Private Limited is ₹ 14.50 Cr and paid-up capital is ₹ 13.75 Cr.

  • Currently 3 directors are associated with Venture Power Systems India Private Limited.

    • Kariyarath Valappil Praveen
    • Manikunnath Gopalakurup Radhakrishnan
    • Jose Kattoor John
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venture Power Systems India Private Limited is Plot D6 Phase Ii Zone B, Mepz Tambaram, Chennai, Tamil Nadu, India, 600045.

  • The corporate identification number (CIN) of Venture Power Systems India Private Limited is U31901TN2001PTC047708 and the company number is 047708 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venture Power Systems India Private Limited is https://www.venturepower.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Venture Power Systems India Private Limited has fallen by -34.60%.

  • As Per 2019 financial reports, 131 employees are currently employed by Venture Power Systems India Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Venture Power Systems India Private Limited has experienced an downturn of -8.31%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Venture Power Systems India Private Limited amount to ₹ 21.00 Cr.

  • The most recent Balance Sheet for Venture Power Systems India Private Limited was filed with the ROC on 31 Mar 2019.

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