Vizag Transmission Profile
Key Indicators
- Authorised Capital ₹ 220.00 Cr
- Paid Up Capital ₹ 209.73 Cr
- Company Age 13 Year, 4 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 four 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Agrawal  | Managing Director | Current | |
| Jitendra Prajapati | CFO | 23-Jan-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajoy Sinha | Director | 27-Apr-2022 | Current |
| Prabodh Prasad | Director | 27-Apr-2022 | Current |
| Manju Gupta | Director | 30-Aug-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Powerlinks Transmission LimitedManju Gupta is a mutual person
Parli Power Transmission LimitedManju Gupta is a mutual person
North East Transmission Company LimitedManju Gupta is a mutual person
Powergrid Himachal Transmission LimitedManju Gupta is a mutual person
Delinfra Consulting LlpPrabodh Prasad is a mutual person
- Bihar Grid Company Limited
Manju Gupta is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2015 | Idbi Trusteeship Services Limited | ₹290.00 Cr | Satisfied |
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.
Deals i
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
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 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 2 months .
- Annual General Meeting
Vizag Transmission Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Balance Sheet
Vizag Transmission Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- 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 7 months .
- 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 11 months .
- 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 11 months .
Recent News, Updates & Announcement
- National Electricity Distribution Company Sparks Debate: Will it Benefit or Harm State Discoms?.
When you want to make a National Electricity Distribution Company but people are worried it will take away business from state discoms. But some say it could actually help improve the power sector. Still, details are unclear and progress is slow. #NationalElectricityDiscom #PowerStruggle #SlowProgress.
- Centre asks power giants to help revive state retailers.
The proposed venture between NTPC and Power Grid would manage challenging distribution areas.
Frequently asked questions
What is the Incorporation or founding date of Vizag Transmission Limited?
Vizag Transmission Limited was incorporated on 30 Nov 2011.
What is authorized share capital and paid-up capital of Vizag Transmission Limited?
The authorized share capital of Vizag Transmission Limited is ₹ 220.00 Cr and paid-up capital is ₹ 209.73 Cr.
Who are the current board members & directors of Vizag Transmission Limited?
Currently 5 directors are associated with Vizag Transmission Limited.
- Ajoy Kumar Sinha
- Prabodh Narayan Prasad
- Manju Gupta
- Suresh Chandra Agrawal
- Jitendra Prajapati
What is the registered address of Vizag Transmission Limited?
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.
What is the corporate identification number (CIN) and company number of Vizag Transmission Limited?
The corporate identification number (CIN) of Vizag Transmission Limited is U40300DL2011GOI228136 and the company number is 228136 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vizag Transmission Limited?
The Official website of Vizag Transmission Limited is https://www.pginvit.in
What has been the recent revenue trend for Vizag Transmission Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vizag Transmission Limited has fallen by -18.08%.
What change has been observed in the net worth of Vizag Transmission Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vizag Transmission Limited has experienced an downturn of -15.73%.
When was the last Balance Sheet of Vizag Transmission Limited filed with the ROC?
The most recent Balance Sheet for Vizag Transmission Limited was filed with the ROC on 31 Mar 2023.
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