Vizag It Park Limited

Real estate development for IT parks, telecom, engineering, and infrastructure projects in India.

2003 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 05, 2025

Vizag It Park Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 26.74 Cr
  • Revenue Growth -0.20%
  • Profit Growth 0.42%
  • Ebitda 2.39%
  • Net Worth 28.44%
  • Total Assets 14.75%

About Vizag It Park

Vizag It Park Limited (VIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 July 2003 and has a history of 21 years and six months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Financial Services 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 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company has closed loans amounting to ₹26.74 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Venkat Bodanapu, Kavitha Dukkipati, Shankar Kuna, and One other member serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200AP2003PLC041374

  • Company No.

    041374

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2003

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Vizag It Park?

Board Members (4)

Name Designation Appointment Date Status
Venkat Bodanapu Country flag representing In Director 21-Jul-2003 Current
Kavitha Dukkipati Country flag representing In Director 15-Jun-2015 Current
Shankar Kuna Country flag representing In Nominee Director 01-Oct-2012 Current
Siva Manda Country flag representing In Nominee Director 09-Sep-2014 Current

Financial Performance of Vizag It Park.

Vizag It Park Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.2% decrease. The company also saw a slight improvement in profitability, with a 0.42% increase in profit. The company's net worth Soared by an impressive increase of 28.44%.

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
-0.20%
Revenue from Operations
Total Assets
14.75%
Profit or Loss
0.42%
Net Worth
28.44%
EBITDA
2.39%

What is the Ownership and Shareholding Structure of Vizag It Park?

In 2020, Vizag It Park 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

₹0

Satisfied Charges

₹26.74 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 20.74 Cr
  • Others : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2016 Others ₹6.00 Cr Satisfied
07 May 2010 State Bank Of Hyderabad ₹5.24 Cr Satisfied
06 Sep 2003 State Bank Of Hyderabad ₹15.50 Cr Satisfied

How Many Employees Work at Vizag It Park?

Unlock and access historical data on people associated with Vizag It Park, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vizag It Park, 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 Vizag It Park'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 Vizag It Park

Recent activity within the organization

  • Annual General Meeting

    Vizag It Park Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

    29 Jul 2024

  • Balance Sheet

    Vizag It Park Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge registered on 26 Mar 2016 via Charge ID 100018551 with Others was fully satisfied on 09 Nov 2017.

    09 Nov 2017

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100018551 was registered on 26 Mar 2016.

    26 Mar 2016

  • Director Appointment

    Kavitha Rao Dukkipati was appointed as a Director was appointed as a Director on 15 Jun 2015 & has been associated with this company since 9 years 7 months .

    15 Jun 2015

  • Director Appointment

    Siva Satyanarayana Reddy Manda was appointed as a Nominee Director was appointed as a Nominee Director on 09 Sep 2014 & has been associated with this company since 10 years 4 months .

    09 Sep 2014

Frequently asked questions

  • Vizag It Park Limited was incorporated on 21 Jul 2003.

  • The authorized share capital of Vizag It Park Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 4 directors are associated with Vizag It Park Limited.

    • Venkat Rama Mohan Reddy Bodanapu
    • Kavitha Rao Dukkipati
    • Shankar Kuna
    • Siva Satyanarayana Reddy Manda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vizag It Park Limited is Gandhi Place Vuda Compound Siripuram Junction, Visakhapatnam. India, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Vizag It Park Limited is U45200AP2003PLC041374 and the company number is 041374 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vizag It Park Limited has fallen by -0.20%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vizag It Park Limited has experienced an upsurge of 28.44%.

  • The most recent Balance Sheet for Vizag It Park Limited was filed with the ROC on 31 Mar 2024.

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