Vestas Wind Technology India Private Limited

Leading manufacturer of turbines and generator sets, providing comprehensive wind project services and maintenance.

1996 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Vestas Wind Technology India Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 193.62 Cr
  • Company Age 28 Year, 2 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 two 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)

NameDesignationAppointment DateStatus
Subramanyam Palla Company Secretary21-Jul-2008Current

Board Members (4)

NameDesignationAppointment DateStatus
Purvinkumar Patel Country flag representing Gb Director 10-Mar-2021Current
Amar Variawa Country flag representing In Director 06-Oct-2023Current
Pokala Krishna Country flag representing In Whole-Time Director 28-Dec-2016Current
Kolappan Govindaraj Country flag representing In Whole-Time Director 06-Jun-2018Current

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%.

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
31.84%
Revenue from Operations
32.36%
Total Assets
12.79%
Profit or Loss
-1426.80%
Net Worth
-130.92%
EBITDA
26.95%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
18 Dec 2015The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrOpen
03 Feb 2004Icici Bank Ltd₹30.00 CrSatisfied
17 Jul 2003Icici Bank Ltd₹15.00 CrSatisfied
23 Apr 2003Icici Bank Ltd₹15.00 CrSatisfied
14 Dec 2002Idbi Bank Ltd₹7.50 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Vestas Wind Technology India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • 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 3 months .

    06 Oct 2023

  • 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 10 months .

    10 Mar 2021

  • 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.

    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 7 months .

    06 Jun 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Vestas Wind Technology India Private Limited was incorporated on 07 Nov 1996.

  • The authorized share capital of Vestas Wind Technology India Private Limited is ₹ 200.00 Cr and paid-up capital is ₹ 193.62 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Vestas Wind Technology India Private Limited is https://www.vestas.in

  • 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%.

  • As Per 2022 financial reports, 1920 employees are currently employed by Vestas Wind Technology India Private Limited.

  • 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%.

  • 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.

  • 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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