Vizag Transmission Limited

Builds and operates inter-state transmission system under competitive bidding mechanism.

2011 | New Delhi, Delhi (India) | Active
Last Updated: June 14, 2024

Vizag Transmission Profile

Key Indicators

  • Authorised Capital ₹ 220.00 Cr
  • Paid Up Capital ₹ 209.73 Cr
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 290.00 Cr
  • Revenue Growth -18.08%
  • Profit Growth -43.45%
  • Ebitda -19.20%
  • Net Worth -15.73%
  • Total Assets -4.97%

About Vizag Transmission

Vizag Transmission Limited (VTL) is a leading Public Limited Union Government Company incorporated in India on 30 November 2011 and has a history of 13 years and two months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Powergrid Vizag Transmision Limited. The Company is engaged in the Energy And Power 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 220.00 Cr and a paid-up capital of Rs 209.73 Cr.

The company has closed loans amounting to ₹290.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vizag Transmission Limited India is Jitendra Prajapati as CFO. Ajoy Sinha, Prabodh Prasad, Manju Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pginvit.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300DL2011GOI228136

  • Company No.

    228136

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    30 Nov 2011

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

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

Executive Team (2)

NameDesignationAppointment DateStatus
Suresh Agrawal Country flag representing In Managing DirectorCurrent
Jitendra Prajapati CFO23-Jan-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Ajoy Sinha Country flag representing In Director 27-Apr-2022Current
Prabodh Prasad Country flag representing In Director 27-Apr-2022Current
Manju Gupta Country flag representing In Director 30-Aug-2022Current

Financial Performance of Vizag Transmission.

Vizag Transmission Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.08% decrease. The company also saw a substantial fall in profitability, with a 43.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.73%.

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
-18.08%
Revenue from Operations
-17.90%
Total Assets
-4.97%
Profit or Loss
-43.45%
Net Worth
-15.73%
EBITDA
-19.20%

What is the Ownership and Shareholding Structure of Vizag Transmission?

In 2022, Vizag Transmission 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

₹290.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 290.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2015Idbi Trusteeship Services Limited₹290.00 CrSatisfied

How Many Employees Work at Vizag Transmission?

Unlock and access historical data on people associated with Vizag Transmission, 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 Transmission, 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 Transmission'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 Transmission

Recent activity within the organization

  • Director Appointment

    Jitendra Prajapati was appointed as a Cfo was appointed as a Cfo on 23 Jan 2024 & has been associated with this company since 1 year 30 days .

    23 Jan 2024

  • Annual General Meeting

    Vizag Transmission Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Vizag Transmission Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Manju Gupta was appointed as a Director was appointed as a Director on 30 Aug 2022 & has been associated with this company since 2 years 5 months .

    30 Aug 2022

  • Director Appointment

    Ajoy Kumar Sinha was appointed as a Director was appointed as a Director on 27 Apr 2022 & has been associated with this company since 2 years 9 months .

    27 Apr 2022

  • Director Appointment

    Prabodh Narayan Prasad was appointed as a Director was appointed as a Director on 27 Apr 2022 & has been associated with this company since 2 years 9 months .

    27 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Vizag Transmission Limited was incorporated on 30 Nov 2011.

  • The authorized share capital of Vizag Transmission Limited is ₹ 220.00 Cr and paid-up capital is ₹ 209.73 Cr.

  • Currently 5 directors are associated with Vizag Transmission Limited.

    • Ajoy Kumar Sinha
    • Prabodh Narayan Prasad
    • Manju Gupta
    • Suresh Chandra Agrawal
    • Jitendra Prajapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vizag Transmission Limited is B-9 Qutab Institutional Area Katwaria Sarai, New Delhi, India, 110016.

  • The corporate identification number (CIN) of Vizag Transmission Limited is U40300DL2011GOI228136 and the company number is 228136 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vizag Transmission Limited is https://www.pginvit.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vizag Transmission Limited has fallen by -18.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vizag Transmission Limited has experienced an downturn of -15.73%.

  • The most recent Balance Sheet for Vizag Transmission Limited was filed with the ROC on 31 Mar 2023.

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