MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0021463
Veronica Power Transmission Private Limited - energy and power in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹98.36 Lakh
▼ 87% YoY
Net loss · FY 2023
₹97.51 Lakh
Net margin -99.1%
EBITDA · FY 2023
-₹70.75 Lakh
EBITDA margin -71.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Veronica Power Transmission Private Limited
Data last updated:
Veronica Power Transmission Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 05 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31905MH2018PTC311563. Its GSTIN is 27AAGCV4984R1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Prashant Ashtikar (Managing Director) and Vedanti Prashant Ashtikar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 01 Shiv Shubham Apartment Aditya Nagar Ashoka Marg, Nashik, Maharashtra, India – 422011.
As per the financials filed for FY 2023, the company reported a revenue of ₹98.36 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹97.51 Lakh (net margin -99.1%) and EBITDA of -₹70.75 Lakh (EBITDA margin -71.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The company is associated with 1 brand: Veronica Power Transmission. Court records list 12 cases involving the company, including 12 filed against it; 6 cases are pending.
Veronica Power Transmission Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0021463). For more details, the company can be reached via its website veronicagroup.in.
Company details
CIN U31905MH2018PTC311563
Registration Number 311563
Incorporation Date 05 July 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0021463
Recognitions & Rankings of Veronica Power Transmission
Contact details
Veronica Power Transmission Private Limited's registered office is in Nashik, Maharashtra. Its website is veronicagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 01 Shiv Shubham Apartment Aditya Nagar Ashoka Marg, Nashik, Maharashtra, India – 422011
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Veronica Power Transmission Private Limited, buy the company report.
Comprehensive company report
Veronica Power Transmission Private Limited - one report that includes everything
- 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
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Brands
Veronica Power Transmission operates one associated brand: Veronica Power Transmission. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operations in digital services, copyright management, and privacy policies in India. | veronicagroup.in |
Business activity
The main business activity of Veronica Power Transmission 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 |
To see the full business activity and turnover split of Veronica Power Transmission Private Limited, buy the company report.
Financials of Veronica Power Transmission Private Limited
FY 2023 filings availableVeronica Power Transmission Private Limited reported revenue of ₹98.36 Lakh (down 87% YoY) for FY 2023.
Revenue · FY 2023
₹98.36 Lakh ▼ 87%
Net loss · FY 2023
₹97.51 Lakh margin -99.1%
EBITDA · FY 2023
-₹70.75 Lakh margin -71.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 269%
3 years · compounded
▼ 142%
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 87% fall in the latest year. EBITDA fell 269% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹98.36 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹70.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97.51 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -71.9% | ||||
| Net Profit Margin | -99.1% | ||||
| 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 Veronica Power Transmission Private Limited, buy the company report.
Board of directors of Veronica Power Transmission Private Limited
Veronica Power Transmission has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedanti Prashant Ashtikar | Director | 09 May 2022 | 4 Years 5 Months | Current |
| Prashant Ashtikar | Managing Director | 05 Jul 2018 | 8 Years 4 Months | Current |
Auditor
Veronica Power Transmission Private Limited is audited by C. B. CHHAJED & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. B. CHHAJED & CO. | FY 2023 | 101796W |
Shareholding
The shareholding of Veronica Power Transmission Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veronica Power Transmission Private Limited, buy the company report.
Legal cases
Veronica Power Transmission Private Limited has 12 court cases on record: 12 filed against it. 6 cases are pending and 6 are disposed.
Total cases
12
Filed against the company
12
Pending
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 6 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kinara Capital | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kinara Capital Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kinara Capital Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Disposed |
To see the full case history of Veronica Power Transmission Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veronica Power Transmission Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veronica Power Transmission has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV4984R1Z7 | Maharashtra | Active | 06 Oct 2018 |
To see the full GST registrations and return filing status of Veronica Power Transmission Private Limited, buy the company report.
Recent activity
Veronica Power Transmission Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Vedanti Prashant Ashtikar ceased to be Additional Director on 30 Sep 2022.
AGM
Veronica Power Transmission Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Veronica Power Transmission Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Vedanti Prashant Ashtikar ceased to be Additional Director.
Ceased
Prashant Ashtikar ceased to be Director.
Appointed
Vedanti Prashant Ashtikar was appointed as Director.
Ceased
Janhavi Prashant Ashtikar ceased to be Additional Director.
Ceased
Vaishali Prashant Ashtikar ceased to be Additional Director.
Ceased
Amit Sharadrao Deshmukh ceased to be Director.
Appointed
Prashant Ashtikar was appointed as Managing Director.
Incorporation
05 Jul 2018
Veronica Power Transmission Private Limited was registered on 05 Jul 2018 with Roc Mumbai & aged 8 years 4 months as per MCA records.
Frequently asked questions
Veronica Power Transmission is an active private limited company based in Nashik, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 05 July 2018 (8+ years old) and is registered under CIN U31905MH2018PTC311563.
Veronica Power Transmission has 2 current directors:
- Prashant Ashtikar - Managing Director
- Vedanti Prashant Ashtikar - Director
The latest financial statements of Veronica Power Transmission on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Veronica Power Transmission is 27AAGCV4984R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veronica Power Transmission is U31905MH2018PTC311563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veronica Power Transmission has 12 court cases on record: 12 filed against it. 6 are pending.
Veronica Power Transmission was incorporated on 05 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Vedanti Prashant Ashtikar ceased to be Additional Director on 30 Sep 2022. Prashant Ashtikar ceased to be Director on 01 Jun 2022. Vedanti Prashant Ashtikar was appointed as Director on 09 May 2022. Veronica Power Transmission has 7 board changes on record in total.
Yes, Veronica Power Transmission is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0021463).
Veronica Power Transmission can be reached through the website veronicagroup.in. Its registered office is in Nashik, Maharashtra, India.
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