Visvesvaraya Jala Nigam Limited

Government-owned company providing water and irrigation solutions to drought-prone areas in Karnataka.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Visvesvaraya Jala Nigam Profile

Key Indicators

  • Authorised Capital ₹ 46,000.00 Cr
  • Paid Up Capital ₹ 21,488.96 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,854.00 Cr
  • Revenue Growth -74.07%
  • Profit Growth 28.29%
  • Ebitda 58.04%
  • Net Worth 37.19%
  • Total Assets 26.73%

About Visvesvaraya Jala Nigam

Visvesvaraya Jala Nigam Limited (VJNL) is a Public Limited State Government Company incorporated in India on 20 October 2016 (Eight years and four months 3 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 46,000.00 Cr and a paid-up capital of Rs 21,488.96 Cr.

The company currently has active open charges totaling ₹3,854.00 Cr.

The Key Managerial Personnel (KMP) at Visvesvaraya Jala Nigam Limited India are Alampalli Nagaveena as CFO and Gopinatharao Prakash as Company Secretary. Siddaramaiah, Siddagangappa Shamabhattarapalya, Luthfulla Atheeq, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vjnl.karnataka.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U41000KA2016SGC097260

  • Company No.

    097260

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Oct 2016

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

Who are the key members and board of directors at Visvesvaraya Jala Nigam?

Executive Team (3)

NameDesignationAppointment DateStatus
Sannachittaiah Country flag representing In Managing Director17-Jul-2023Current
Alampalli Nagaveena CFO08-Jul-2021Current
Gopinatharao Prakash Company Secretary10-Nov-2016Current

Board Members (8)

NameDesignationAppointment DateStatus
Luthfulla Atheeq Country flag representing In Nominee Director 20-Oct-2016Current
Shalini Rajneesh Country flag representing In Nominee Director 06-Aug-2018Current
Siddaramaiah Country flag representing In Nominee Director 12-Jun-2023Current
Siddagangappa Shamabhattarapalya Country flag representing In Director 13-Jun-2024Current
Ramaswamy Cheluvaraju Country flag representing In Director 13-Jun-2024Current
Thimmaiah Gangadharaiah Country flag representing In Director 13-Jun-2024Current

Financial Performance of Visvesvaraya Jala Nigam.

Visvesvaraya Jala Nigam Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.07% decrease. The company also saw a substantial improvement in profitability, with a 28.29% increase in profit. The company's net worth Soared by an impressive increase of 37.19%.

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
-74.07%
Revenue from Operations
84.49%
Total Assets
26.73%
Profit or Loss
28.29%
Net Worth
37.19%
EBITDA
58.04%

What is the Ownership and Shareholding Structure of Visvesvaraya Jala Nigam?

In 2023, Visvesvaraya Jala Nigam 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

₹3,854.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1334.00 Cr
  • State Bank Of India : 1285.00 Cr
  • Axis Bank Limited : 500.00 Cr
  • Indian Bank : 367.50 Cr
  • Bank Of India : 367.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2023Others₹250.00 CrOpen
06 Jul 2023Others₹650.00 CrOpen
27 Jul 2022Others₹55.00 CrOpen
26 Jul 2022Others₹195.00 CrOpen
18 Aug 2020Axis Bank Limited₹500.00 CrOpen

How Many Employees Work at Visvesvaraya Jala Nigam?

Visvesvaraya Jala Nigam has a workforce of 4 employees as of Oct 22, 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 Visvesvaraya Jala Nigam, 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 Visvesvaraya Jala Nigam'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 Visvesvaraya Jala Nigam

Recent activity within the organization

  • Director Appointment

    Siddagangappa Bylappa Shamabhattarapalya was appointed as a Director was appointed as a Director on 13 Jun 2024 & has been associated with this company since 8 months 9 days .

    13 Jun 2024

  • Director Appointment

    Ramaswamy Cheluvaraju was appointed as a Director was appointed as a Director on 13 Jun 2024 & has been associated with this company since 8 months 9 days .

    13 Jun 2024

  • Director Appointment

    Thimmaiah Gangadharaiah was appointed as a Director was appointed as a Director on 13 Jun 2024 & has been associated with this company since 8 months 9 days .

    13 Jun 2024

  • Annual General Meeting

    Visvesvaraya Jala Nigam Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 250.00 Cr with Charge ID 100738061 was registered on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 650.00 Cr with Charge ID 100738063 was registered on 06 Jul 2023.

    06 Jul 2023

Frequently asked questions

  • Visvesvaraya Jala Nigam Limited was incorporated on 20 Oct 2016.

  • The authorized share capital of Visvesvaraya Jala Nigam Limited is ₹ 46,000.00 Cr and paid-up capital is ₹ 21,488.96 Cr.

  • Currently 11 directors are associated with Visvesvaraya Jala Nigam Limited.

    • Siddaramaiah
    • Siddagangappa Bylappa Shamabhattarapalya
    • Luthfulla Khan Atheeq
    • Ramaswamy Cheluvaraju
    • Thimmaiah Gangadharaiah
    • Krishnamurthy Basawantrao Kulkarni
    • Sannachittaiah
    • Alampalli Venkata Krishnaiah Setty Nagaveena
    • Gopinatharao Surya Prakash
    • Shalini Rajneesh
    • Doddahalahalli Kempegowda Shivakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Visvesvaraya Jala Nigam Limited is Ground Floor Embassy Square 148 Infantry Road, India, Bengaluru, Karnataka, 560001.

  • The corporate identification number (CIN) of Visvesvaraya Jala Nigam Limited is U41000KA2016SGC097260 and the company number is 097260 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Visvesvaraya Jala Nigam Limited is https://www.vjnl.karnataka.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Visvesvaraya Jala Nigam Limited has fallen by -74.07%.

  • As Per 2023 financial reports, 4 employees are currently employed by Visvesvaraya Jala Nigam Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Visvesvaraya Jala Nigam Limited has experienced an upsurge of 37.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Visvesvaraya Jala Nigam Limited amount to ₹ 3,854.00 Cr.

  • The most recent Balance Sheet for Visvesvaraya Jala Nigam Limited was filed with the ROC on 31 Mar 2023.

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