
About Heo Hydro Power Private Limited
Data last updated:
Heo Hydro Power Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Velcan Holdings Mauritius Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 14 November 2007.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40109KA2007PTC155706. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.77 Cr. It is led by directors including Ramapura Lakshminarayana Setty Nagaraja Setty and Jean Luc Marie Rivoire.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹17.25 Cr; the latest was in October 2017.
The last known website on record is velcanenergy.com.
Company details
CIN history
Heo Hydro Power has one previous CIN (Corporate Identification Number): U40109DL2007PTC170438. The current CIN is U40109KA2007PTC155706, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109KA2007PTC155706 | Current |
| U40109DL2007PTC170438 | Previous |
Contact details
Heo Hydro Power Private Limited's registered office is in Bangalore, Karnataka. Its website is velcanenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.572 Samruddhinilayaunitno.2 1 Stcross Policestationroad, Behindgovt.Highs Chool India, Bangalore, Karnataka, India – 560024
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Heo Hydro Power Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Heo Hydro Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Heo Hydro Power Private Limited
FY 2023 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Heo Hydro Power Private Limited, buy the company report.
Board of directors of Heo Hydro Power Private Limited
Heo Hydro Power has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramapura Lakshminarayana Setty Nagaraja Setty | Director | 27 Aug 2010 | 16 Years 1 Months | As last reported |
| Jean Luc Marie Rivoire | Director | 15 Sep 2012 | 14 Years 1 Months | As last reported |
| Harokoppa Siddegowda Madhu | Director | 19 Jul 2021 | 5 Years 3 Months | As last reported |
| Benoit Serge Maurice Laborie | Director | 29 Nov 2007 | 18 Years 10 Months | As last reported |
| Gigi Joseph Kokkappillil Joseph Also directs: Companiesinn Consulting LLP, Joseph & Chacko LLP, Legisnexa Private Limited and 2 more | Irp/Rp/Liquidator | 05 Jul 2024 | 2 Years 3 Months | As last reported |
Auditor
Heo Hydro Power Private Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Heo Hydro Power Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Heo Hydro Power Private Limited, buy the company report.
Deals & funding
Heo Hydro Power Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹17.25 Cr; the latest was in October 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹2 Cr | Investors: Velcan Energy Mauritius Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Velcan Energy Mauritius Limited Seller: Velcan Energy Holdings Singapore Pte Ltd |
| Nov 2014 | Rights issue | ₹2.52 Cr | Investors: Velcan Energy Holdings Singapore Pte Ltd |
| Mar 2014 | Funding round | ₹1.34 Cr | Investors: Velcan Energy Holdings Singapore Pte Ltd |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Velcan Energy Holdings Singapore Pte Ltd, Velcan Energy Holdings Singapore Pte Ltd & Velcan Energy Mauritius Limited Seller: Velcan Energy Holdings Dubai Limited, Velcan Desenvolvimento Energetico Do Brasil Ltd |
To see the full deal history of Heo Hydro Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Heo Hydro Power Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heo Hydro Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heo Hydro Power has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Heo Hydro Power Private Limited, buy the company report.
Recent activity
Heo Hydro Power Private Limited has 15 board changes on record since 2007: 5 appointments and 10 cessations. The latest: Gigi Joseph Kokkappillil Joseph was appointed as Irp/Rp/Liquidator on 05 Jul 2024.
6 earlier events are in the company report.
Frequently asked questions
Heo Hydro Power is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Heo Hydro Power is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 14 November 2007 and is registered under CIN U40109KA2007PTC155706. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Heo Hydro Power has 5 current directors:
- Ramapura Lakshminarayana Setty Nagaraja Setty - Director
- Jean Luc Marie Rivoire - Director
- Harokoppa Siddegowda Madhu - Director
- Benoit Serge Maurice Laborie - Director
- Gigi Joseph Kokkappillil Joseph - Irp/Rp/Liquidator
The latest financial statements of Heo Hydro Power on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Heo Hydro Power is U40109KA2007PTC155706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heo Hydro Power was incorporated on 14 November 2007. It is registered with the Registrar of Companies, Bangalore.
Heo Hydro Power has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹17.25 Cr; the latest was in October 2017.
Gigi Joseph Kokkappillil Joseph was appointed as Irp/Rp/Liquidator on 05 Jul 2024. Harokoppa Siddegowda Madhu ceased to be Additional Director on 30 Sep 2021. Harokoppa Siddegowda Madhu was appointed as Director on 19 Jul 2021. Heo Hydro Power has 15 board changes on record in total.
Heo Hydro Power can be reached through the website velcanenergy.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Heo Hydro Power is at No.572 Samruddhinilayaunitno.2 1 Stcross Policestationroad, Behindgovt.Highs Chool India, Bangalore, Karnataka, India – 560024.