Vesat Renewables Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 5 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.55 Cr
- Revenue Growth -26.09%
- Profit Growth -84.19%
- Ebitda 9.79%
- Net Worth 966.59%
- Total Assets 6.01%
About Vesat Renewables
Vesat Renewables Private Limited (VRPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 July 2019 (Five years and eight months 18 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.
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.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Environment
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
- Ratios
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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 Limited
Sathya and Lakshmanasingh Venkatesh are mutual person
Grand Global Family Mart Private LimitedSathya is a mutual person
- Inner Circle Ventures Private Limited
Lakshmanasingh Venkatesh is a mutual person
Charges (Loans)
Open Charges
₹2.55 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 2.46 Cr
- Hdfc Bank Limited : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Hdfc Bank Limited | ₹0.95 M | Open |
| 06 Dec 2019 | Canara Bank | ₹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.
Latest Updates, News, and FAQs on Vesat Renewables
Recent activity within the organization
- Annual General Meeting
Vesat Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100989330 was registered on 31 Jul 2024.
- Balance Sheet
Vesat Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Canara Bank of Rs. 2.46 Cr registered on 06 Dec 2019 with Charge ID 100353308 was modified on 18 Feb 2024.
- Charges
A charge with Canara Bank amounted to Rs. 2.46 Cr with Charge ID 100353308 was registered on 06 Dec 2019.
- Director Appointment
Sathya was appointed as a Director was appointed as a Director on 12 Jul 2019 & has been associated with this company since 5 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Vesat Renewables Private Limited?
Vesat Renewables Private Limited was incorporated on 12 Jul 2019.
What is authorized share capital and paid-up capital of Vesat Renewables Private Limited?
The authorized share capital of Vesat Renewables Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Vesat Renewables Private Limited?
Currently 4 directors are associated with Vesat Renewables Private Limited.
- Sathya
- Lakshmanasingh Venkatesh
- Lakshman Singh Revathi
- Lakshman Singh Niranjna
What is the registered address of Vesat Renewables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vesat Renewables Private Limited is No.21/1 East Tv Samy Road Rs Puram, India, Coimbatore, Tamil Nadu, 641002.
What is the corporate identification number (CIN) and company number of Vesat Renewables Private Limited?
The corporate identification number (CIN) of Vesat Renewables Private Limited is U29309TZ2019PTC032422 and the company number is 032422 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vesat Renewables Private Limited?
The Official website of Vesat Renewables Private Limited is https://www.vesatsolar.com
What has been the recent revenue trend for Vesat Renewables Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vesat Renewables Private Limited has fallen by -26.09%.
How many employees does Vesat Renewables Private Limited currently have?
As Per 2023 financial reports, 23 employees are currently employed by Vesat Renewables Private Limited.
What change has been observed in the net worth of Vesat Renewables Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vesat Renewables Private Limited has experienced an upsurge of 966.59%.
What are the total open charges for Vesat Renewables Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vesat Renewables Private Limited amount to ₹ 2.55 Cr.
When was the last Balance Sheet of Vesat Renewables Private Limited filed with the ROC?
The most recent Balance Sheet for Vesat Renewables Private Limited was filed with the ROC on 31 Mar 2024.
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