Vesat Renewables Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 1.00 Cr
as on 17-11-2024
- Company Age 5 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.55 Cr
as on 17-11-2024
- Revenue -26.09%
(FY 2023)
- Profit -84.19%
(FY 2023)
- Ebitda 9.79%
(FY 2023)
- Net Worth 966.59%
(FY 2023)
- Total Assets 6.01%
(FY 2023)
About Vesat Renewables
The Company is engaged in the Environment 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹2.55 Cr.
Sathya, Lakshmanasingh Venkatesh, Lakshman Revathi, and One other member serve as directors at the Company.
- CIN/LLPIN
U29309TZ2019PTC032422
- Company No.
032422
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jul 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Vesat Renewables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshmanasingh Venkatesh  | Managing Director | 12-Jul-2019 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sathya | Director | 12-Jul-2019 | Current |
| Lakshman Revathi | Director | 12-Jul-2019 | Current |
| Lakshman Niranjna | Director | 12-Jul-2019 | Current |
Financial Performance of Vesat Renewables.
Vesat Renewables Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.09% decrease. The company also saw a substantial fall in profitability, with a 84.19% decrease in profit. The company's net worth Soared by an impressive increase of 966.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vesat Renewables?
In 2023, Vesat Renewables 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)
Vesat Solar System Private LimitedActive 7 years 5 monthsSathya and Lakshmanasingh Venkatesh are mutual person
- Inner Circle Ventures Private LimitedActive 7 years 4 months
Lakshmanasingh Venkatesh is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 31 Jul 2024 | ₹0.95 M | Open |
Canara Bank Creation Date: 06 Dec 2019 | ₹2.46 Cr | Open |
How Many Employees Work at Vesat Renewables?
Vesat Renewables has a workforce of 23 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 Vesat Renewables, 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 Vesat Renewables'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.
