Vestas Wind Technology India Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 193.62 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
- Satisfied Charges ₹ 102.10 Cr
- Revenue Growth 31.84%
- Profit Growth -1426.80%
- Ebitda 26.95%
- Net Worth -130.92%
- Total Assets 12.79%
About Vestas Wind Technology India
Vestas Wind Technology India Private Limited (VWTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 November 1996 and has a history of 28 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Asia Wind Turbines Private Limited. 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 200.00 Cr and a paid-up capital of Rs 193.62 Cr.
The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹102.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vestas Wind Technology India Private Limited India is Subramanyam Palla as COMPANY SECRETARY. Purvinkumar Patel, Amar Variawa, Pokala Krishna, and One other member serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40101TN1996PTC036871
- Company No.
036871
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Nov 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Environment
Energy and Power
What products or services does Vestas Wind Technology India Private Limited offer?
Vestas Wind Technology India Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Windmills & Wind Turbines.
Who are the key members and board of directors at Vestas Wind Technology India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramanyam Palla | Company Secretary | 21-Jul-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Purvinkumar Patel  | Director | 10-Mar-2021 | Current |
Amar Variawa  | Director | 06-Oct-2023 | Current |
| Pokala Krishna | Whole-Time Director | 28-Dec-2016 | Current |
| Kolappan Govindaraj | Whole-Time Director | 06-Jun-2018 | Current |
Financial Performance of Vestas Wind Technology India.
Vestas Wind Technology India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.84% increase. The company also saw a substantial fall in profitability, with a 1426.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 130.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vestas Wind Technology India?
In 2022, Vestas Wind Technology India had a promoter holding of 100.00%. The company had 6 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vestas Technology R&D Chennai Private LimitedKolappan Govindaraj is a mutual person
Chitradurga Wind Power Private LimitedKolappan Govindaraj is a mutual person
- Bellary Windpower Private Limited
Kolappan Govindaraj is a mutual person
- Malgatti Windpower Private Limited
Kolappan Govindaraj is a mutual person
- Negm Infrastructure Development Private Limited
Kolappan Govindaraj is a mutual person
- B.B. Hills Windfarm Development Private Limited
Kolappan Govindaraj is a mutual person
Charges (Loans)
Open Charges
₹20.00 Cr
Satisfied Charges
₹102.10 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Open |
| 03 Feb 2004 | Icici Bank Ltd | ₹30.00 Cr | Satisfied |
| 17 Jul 2003 | Icici Bank Ltd | ₹15.00 Cr | Satisfied |
| 23 Apr 2003 | Icici Bank Ltd | ₹15.00 Cr | Satisfied |
| 14 Dec 2002 | Idbi Bank Ltd | ₹7.50 Cr | Satisfied |
How Many Employees Work at Vestas Wind Technology India?
Vestas Wind Technology India has a workforce of 1920 employees as of Apr 06, 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 Vestas Wind Technology 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 Vestas Wind Technology India'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 Vestas Wind Technology India
Recent activity within the organization
- Annual General Meeting
Vestas Wind Technology India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vestas Wind Technology India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Amar Harishchandra Variawa was appointed as a Director was appointed as a Director on 06 Oct 2023 & has been associated with this company since 1 year 4 months .
- Director Appointment
Purvinkumar Madhusudan Patel was appointed as a Director was appointed as a Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 18 Dec 2015 with Charge ID 10617415 was modified on 10 Dec 2018.
- Director Appointment
Kolappan Govindaraj was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Jun 2018 & has been associated with this company since 6 years 8 months .
Recent News, Updates & Announcement
- Hiranandani to invest Rs 1,000 crore in industrial park in Chennai.
Hiranandani group firm Green Base will create a wind turbine park and warehousing set-up for Vestas India..
- Hiranandani Group's GreenBase and Vestas India Partner to Boost Industrial Sector in Chennai with Wind Turbine Park and Warehousing Set-Up.
When Hiranandani Group's subsidiary, GreenBase, signed a deal with Vestas India to build a wind turbine park and warehousing set-up in Chennai, it was a big boost for the industrial and manufacturing sector in Oragadam. This project will create new jobs and business opportunities, and the group plans to expand their portfolio across India. It's a good investment opportunity for retail investors through a REIT/InvIT platform..
- Suzlon scraps ₹8,500-cr debt repayment offer as Vestas backs out | Mint.
The wind-turbine maker has been struggling since 2017 after Modi’s govt shifted to auctions as the preferred method to install wind projects.The stock, which has plummeted about 40% this year, is set to close at the lowest level since listing.
Frequently asked questions
What is the Incorporation or founding date of Vestas Wind Technology India Private Limited?
Vestas Wind Technology India Private Limited was incorporated on 07 Nov 1996.
What is authorized share capital and paid-up capital of Vestas Wind Technology India Private Limited?
The authorized share capital of Vestas Wind Technology India Private Limited is ₹ 200.00 Cr and paid-up capital is ₹ 193.62 Cr.
Who are the current board members & directors of Vestas Wind Technology India Private Limited?
Currently 5 directors are associated with Vestas Wind Technology India Private Limited.
- Purvinkumar Madhusudan Patel
- Amar Harishchandra Variawa
- Subramanyam Palla
- Pokala Madhava Krishna
- Kolappan Govindaraj
What is the registered address of Vestas Wind Technology India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vestas Wind Technology India Private Limited is Survey No. 141/14A Radial It Park Tower-1 8Th 9Th Floor 200 Feet Road, Zamin Pallavaram India, Tambaram, Tamil Nadu, 600117.
What is the corporate identification number (CIN) and company number of Vestas Wind Technology India Private Limited?
The corporate identification number (CIN) of Vestas Wind Technology India Private Limited is U40101TN1996PTC036871 and the company number is 036871 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vestas Wind Technology India Private Limited?
The Official website of Vestas Wind Technology India Private Limited is https://www.vestas.in
What has been the recent revenue trend for Vestas Wind Technology India Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Vestas Wind Technology India Private Limited has risen by 31.84%.
How many employees does Vestas Wind Technology India Private Limited currently have?
As Per 2022 financial reports, 1920 employees are currently employed by Vestas Wind Technology India Private Limited.
What change has been observed in the net worth of Vestas Wind Technology India Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Vestas Wind Technology India Private Limited has experienced an downturn of -130.92%.
What are the total open charges for Vestas Wind Technology India Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Vestas Wind Technology India Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Vestas Wind Technology India Private Limited filed with the ROC?
The most recent Balance Sheet for Vestas Wind Technology India Private Limited was filed with the ROC on 31 Mar 2024.
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