Virtue Power Systems Private Limited
About Virtue Power Systems Private Limited
Data last updated:
Virtue Power Systems Private Limited was a private limited company based in Panvel, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the refined petroleum products segment of the oil and gas sector. It was incorporated on 15 January 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U23203MH2016PTC272106. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Nitin Rambhau Shingare and Muhammad Nazim Abdullah.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Panvel, Maharashtra.
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- Registered AddressFlat No 2A 2nd Floor Mitranand Society 52 Bungalow Next To Kokan Plaza Near W, It Center, Panvel, Maharashtra, India – 410206
- IndustryOil & Gas, Refined Petroleum Products, Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Virtue Power Systems Private Limited FY 2017 filings available
Financial Statement Summary of Virtue Power Systems Private Limited
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| 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 of Virtue Power Systems Private Limited
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Virtue Power Systems are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Virtue Power Systems Private Limited
Virtue Power Systems Private Limited is audited by M J THACKER & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M J THACKER & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Virtue Power Systems Private Limited
Virtue Power Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Rambhau Shingare | Director | 15 Jan 2016 | 10 Years 8 Months | As last reported |
| Muhammad Nazim Abdullah | Director | 15 Jan 2016 | 10 Years 8 Months | As last reported |
| Muhammaiamjad Abdussattar Shaikh | Additional Director | 29 Aug 2017 | 9 Years 1 Months | As last reported |
Ownership and Shareholding of Virtue Power Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Virtue Power Systems Private Limited
Virtue Power Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtue Power Systems Private Limited
Employment history and EPFO contributions of people linked to Virtue Power Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Virtue Power Systems Private Limited
Virtue Power Systems Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Muhammaiamjad Abdussattar Shaikh was appointed as Additional Director on 29 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Virtue Power Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Virtue Power Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Virtue Power Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Virtue Power Systems Private Limited
Virtue Power Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Virtue Power Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Virtue Power Systems Private Limited
Virtue Power Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Virtue Power Systems was a private limited company based in Panvel, Maharashtra, India. The company worked in refined petroleum products, within the oil and gas industry. It was incorporated on 15 January 2016 and is registered under CIN U23203MH2016PTC272106. The company has been struck off by the Registrar of Companies and is no longer operational.
Virtue Power Systems had 3 directors:
- Nitin Rambhau Shingare - Director
- Muhammad Nazim Abdullah - Director
- Muhammaiamjad Abdussattar Shaikh - Additional Director
The CIN (Corporate Identification Number) of Virtue Power Systems is U23203MH2016PTC272106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Virtue Power Systems is at Flat No 2A 2nd Floor Mitranand Society 52 Bungalow Next To Kokan Plaza Near W, It Center, Panvel, Maharashtra, India – 410206.
Virtue Power Systems was incorporated on 15 January 2016. It is registered with the Registrar of Companies, Mumbai.
Virtue Power Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
No. Virtue Power Systems has 2 GST registrations on record and all of them are cancelled or inactive.
Virtue Power Systems operated in the oil and gas industry, in the refined petroleum products segment. It worked in this industry before it was struck off.
No. Virtue Power Systems is not listed on any stock exchange. It is an unlisted company.