MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-02-0001297
Vasavi Power Services Private Limited - energy and power in Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.96 Cr
▼ 1% YoY
Net loss · FY 2024
₹6.91 Cr
Net margin -33%
EBITDA · FY 2024
₹28.97 Lakh
EBITDA margin 1.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.13 Cr
Issued & subscribed
Open charges
₹68.39 Cr
Satisfied ₹3.01 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
201
Provident fund records
About Vasavi Power Services Private Limited
Data last updated:
Vasavi Power Services Private Limited is a private limited company based in Andhra Pradesh, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 15 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74210AP2002PTC038656. Its GSTIN is 37AABCV3740L1Z3 (Andhra Pradesh). The company holds 11 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors including Kiran Kumar Nallapu (Managing Director) and Ramaiah Nallapu (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door.No.4 – 13 Post. Ibrahim Patnam Vijayawada Krishna District A.P., Andhra Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.96 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹6.91 Cr (net margin -33%) and EBITDA of ₹28.97 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 201 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vasavi Power Services. As per MCA filings, the company has open charges of ₹68.39 Cr and satisfied charges of ₹3.01 Cr on record. Court records list 106 cases involving the company, including 55 filed by the company and 51 filed against it; 24 cases are pending.
Vasavi Power Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0001297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasavipower.com.
Company details
CIN U74210AP2002PTC038656
Registration Number 038656
Incorporation Date 15 March 2002
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0001297
Key People
Kiran Kumar Nallapu Managing Director Ramaiah Nallapu Managing Director Nallapu Anitha Director Recognitions & Rankings of Vasavi Power Services
Contact details
Vasavi Power Services Private Limited's registered office is in Andhra Pradesh. Its website is vasavipower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor.No.4 – 13 Post. Ibrahim Patnam Vijayawada Krishna District A.P., Andhra Pradesh, India
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Vasavi Power Services Private Limited, buy the company report.
Comprehensive company report
Vasavi Power Services 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
Vasavi Power Services operates one associated brand: Vasavi Power Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of engineering, procurement, fabrication, testing, and commissioning services for power generation companies | vasavipower.com |
Business activity
The main business activity of Vasavi Power Services is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Vasavi Power Services Private Limited, buy the company report.
Financials of Vasavi Power Services Private Limited
FY 2024 filings availableVasavi Power Services Private Limited reported revenue of ₹20.96 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹20.96 Cr ▼ 1%
Net loss · FY 2024
₹6.91 Cr margin -33%
EBITDA · FY 2024
₹28.97 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 4%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 41%
5 years · compounded
▼ 36%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 1% fall in the latest year. EBITDA fell 92% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹28.97 Lakh | ||||
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| Net Profit (PAT) | -₹6.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -33% | ||||
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To see the full financial statements and ratios of Vasavi Power Services Private Limited, buy the company report.
Board of directors of Vasavi Power Services Private Limited
Vasavi Power Services has 3 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 |
|---|---|---|---|---|
| Nallapu Anitha Also directs: Vasavi Mro Private Limited | Director | 15 Mar 2002 | 24 Years 7 Months | Current |
| Kiran Kumar Nallapu | Managing Director | 15 Mar 2002 | 24 Years 7 Months | Current |
| Ramaiah Nallapu | Managing Director | 15 Mar 2002 | 24 Years 7 Months | Current |
Auditor
Vasavi Power Services Private Limited is audited by M.VENKATA RATNAM & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.VENKATA RATNAM & ASSOCIATES | FY 2022 | 011138S |
Shareholding
The shareholding of Vasavi Power Services 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 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vasavi Power Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68.39 Cr
Satisfied charges
₹3.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2010 | 10259277 | Hdfc Bank Limited | ₹21.31 Lakh | Open | |
| 21 Jan 2010 | 10196522 | Kotak Mahindra Bank Limited | ₹17.74 Lakh | Open | |
| 22 Jul 2002 | 90126586 | Canara Bank | ₹68 Cr | Open | |
| 27 Jun 2013 | 10434778 | Kotak Mahindra Bank Limited | ₹9 Lakh | Satisfied | |
| 18 Oct 2011 | 10314233 | Kotak Mahindra Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Vasavi Power Services Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Vasavi Power Services Private Limited has 106 court cases on record: 55 filed by Vasavi Power Services, 51 filed against it. 24 cases are pending and 82 are disposed.
Total cases
106
Filed by the company
55
Filed against the company
51
Pending
24
Disposed
82
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 50 | 13 | 17 |
| District courts | 44 | 38 | 2 |
| NCLAT | 10 | 0 | 5 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 106)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Bharat Heavy Electricals Ltd | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against The Canara Bank Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Canara Bank Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Galf Pipeline Testing and Inspection Pvt Ltd and 1 other | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Bharat Heavy Electricals Ltd | Pending |
To see the full case history of Vasavi Power Services 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.
Credit ratings & regulatory alerts
Vasavi Power Services Private Limited was last rated by Care on 13 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Jul 2026 |
To see the full credit ratings and regulatory alerts of Vasavi Power Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vasavi Power Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasavi Power Services Private Limited has a workforce of 201 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
201
Active EPFO establishments
2
Employee growth
6.91%
GST
Vasavi Power Services has 11 GST registrations: 5 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
5
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCV3740L1Z3 | Andhra Pradesh | Active | 01 Jul 2017 |
| 07AABCV3740L1Z6 | Delhi | Active | 01 Jul 2017 |
| 27AABCV3740L1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCV3740L1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vasavi Power Services Private Limited, buy the company report.
Recent activity
Vasavi Power Services Private Limited has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Kiran Kumar Nallapu ceased to be Director on 01 Oct 2019.
AGM
Vasavi Power Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vasavi Power Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge registered on 27 Jun 2013 via Charge ID 10434778 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 18 Oct 2011 via Charge ID 10314233 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 13 Jun 2011 via Charge ID 10290470 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 07 Jun 2011 via Charge ID 10289702 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 09 Feb 2011 via Charge ID 10267386 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 09 Feb 2011 via Charge ID 10267465 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 08 Nov 2010 via Charge ID 10258420 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 06 Oct 2010 via Charge ID 10246460 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 06 Jul 2010 via Charge ID 10227999 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
Charges
A charge registered on 08 Mar 2010 via Charge ID 10205421 with Kotak Mahindra Bank Limited was fully satisfied on 25 Nov 2021.
25 earlier events are in the company report.
Frequently asked questions
Vasavi Power Services is an active private limited company based in Andhra Pradesh, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 15 March 2002 (24+ years old) and is registered under CIN U74210AP2002PTC038656.
Vasavi Power Services has 3 current directors:
- Kiran Kumar Nallapu - Managing Director
- Ramaiah Nallapu - Managing Director
- Nallapu Anitha - Director
The latest financial statements of Vasavi Power Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasavi Power Services is 37AABCV3740L1Z3, registered in Andhra Pradesh. The company has 11 GST registrations in all, of which 5 are active and 6 are cancelled or inactive. Other active GSTINs include 07AABCV3740L1Z6 (Delhi), 27AABCV3740L1Z4 (Maharashtra), 33AABCV3740L1ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Vasavi Power Services is U74210AP2002PTC038656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasavi Power Services has 106 court cases on record: 55 filed by the company and 51 filed against it. 24 are pending. Most are in the high courts.
Vasavi Power Services was incorporated on 15 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Vijayawada.
Kiran Kumar Nallapu ceased to be Director on 01 Oct 2019. Nallapu Nagamani ceased to be Director on 09 Dec 2014. Godesi Kavitha ceased to be Director on 08 Apr 2014. Vasavi Power Services has 8 board changes on record in total.
Yes, Vasavi Power Services is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0001297).
Vasavi Power Services can be reached through the website vasavipower.com. Its registered office is in Andhra Pradesh, India.