About Vandana Vidhyut Limited
Data last updated:
Vandana Vidhyut Limited is a public limited company based in Raipur, Chhattisgarh, India. 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 thermal power generation and plants segment of the energy and power sector. It was incorporated on 10 November 1995.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U04010CT1995PLC010142. Its GSTIN is 22AAACV7850L2Z3 (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹168.52 Cr and a paid-up capital of ₹166.99 Cr. It was formerly known as Vandana Vidhyut Private Limited. It is led by directors including Jami Koteswar Rao (Whole-Time Director) and Ramawtar Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Vandanaa Bhawan M.G. Road, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2016, the company reported a revenue of ₹58.16 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹94.8 Cr (net margin -163%) and EBITDA of ₹16.59 Cr (EBITDA margin 28.5%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,451.14 Cr and satisfied charges of ₹630.71 Cr on record. Court records list 26 cases involving the company, including 13 filed by the company and 13 filed against it; 5 cases are pending.
The last known website on record is vandana-vidhyut-limited.business.site.
Company details
CIN history
Vandana Vidhyut has one previous CIN (Corporate Identification Number): U04010MP1995PLC010142. The current CIN is U04010CT1995PLC010142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U04010CT1995PLC010142 | Current |
| U04010MP1995PLC010142 | Previous |
Contact details
Vandana Vidhyut Limited's registered office is in Raipur, Chhattisgarh. Its website is vandana-vidhyut-limited.business.site. Its e-mail address is in the company report.
- Email
- Registered AddressVandanaa Bhawan M.G. Road, Raipur, Chhattisgarh, India – 492001
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Vandana Vidhyut 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 Vandana Vidhyut is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Vandana Vidhyut Limited, buy the company report.
Financials of Vandana Vidhyut Limited
FY 2016 filings availableVandana Vidhyut Limited reported revenue of ₹58.16 Cr (up 22% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year. EBITDA rose 238% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹58.16 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹16.59 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹94.8 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 28.5% | |
| Net Profit Margin | -163% | |
| 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 Vandana Vidhyut Limited, buy the company report.
Board of directors of Vandana Vidhyut Limited
Vandana Vidhyut has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar Agrawal Also directs: Shristicore Infra Private Limited | Director | 20 Feb 2007 | 19 Years 8 Months | As last reported |
| Jami Koteswar Rao | Whole-Time Director | 01 Aug 2015 | 11 Years 3 Months | As last reported |
| Ramawtar Agarwal | Whole-Time Director | 09 Apr 2013 | 13 Years 6 Months | As last reported |
| Prahlad Kumar Agrawal | Director | 10 Nov 1995 | 30 Years 11 Months | As last reported |
Auditor
Vandana Vidhyut Limited is audited by BAMB TAORI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAMB TAORI & CO | FY 2016 | 002026C |
Shareholding
The shareholding of Vandana Vidhyut Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vandana Vidhyut Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2015 | 10587260 | Allahabad Bank | ₹41.82 Cr | Open | |
| 31 Mar 2014 | 10496212 | Others | ₹35.06 Cr | Open | |
| 31 Mar 2014 | 10489680 | Punjab National Bank | ₹64.28 Cr | Open | |
| 31 Mar 2014 | 10503110 | Central Bnak of Inida | ₹25.51 Cr | Open | |
| 31 Mar 2014 | 10500962 | Bank of India | ₹12.34 Cr | Open |
To see the full charge records of Vandana Vidhyut Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Vandana Vidhyut Limited has 26 court cases on record: 13 filed by Vandana Vidhyut, 13 filed against it. 5 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 5 | 0 |
| District courts | 6 | 6 | 3 |
| Supreme Court | 3 | 1 | 2 |
| NCLAT | 3 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Sanghvi Movers Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Edelweiss Asset Reconstruction Company Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Larsen and Toubro Limited and 4 others | Disposed |
| High Court | Arbitration matter | Filed against the company by The Indure Private Limited | Disposed |
| High Court | Arbitration matter | Filed against the company by Empowertrans Pvt. Ltd. | Disposed |
To see the full case history of Vandana Vidhyut 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 Vandana Vidhyut Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vandana Vidhyut has 2 joint ventures and 10 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Vandana Vidhyut has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACV7850L2Z3 | Chhattisgarh | Active | 13 Aug 2020 |
To see the full GST registrations and return filing status of Vandana Vidhyut Limited, buy the company report.
Recent activity
Vandana Vidhyut Limited has 23 board changes on record since 1995: 4 appointments and 19 cessations. The latest: Jami Koteswar Rao ceased to be Whole-Time Director on 31 Aug 2018.
48 earlier events are in the company report.
Frequently asked questions
Vandana Vidhyut 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.
Vandana Vidhyut is a company under liquidation, formerly operating as a public limited company based in Raipur, Chhattisgarh, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 10 November 1995 and is registered under CIN U04010CT1995PLC010142. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vandana Vidhyut has 4 current directors:
- Jami Koteswar Rao - Whole-Time Director
- Ramawtar Agarwal - Whole-Time Director
- Vinod Kumar Agrawal - Director
- Prahlad Kumar Agrawal - Director
The latest financial statements of Vandana Vidhyut on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vandana Vidhyut is U04010CT1995PLC010142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vandana Vidhyut has open charges of ₹2,451.14 Cr and satisfied charges of ₹630.71 Cr as per latest MCA filings.
Vandana Vidhyut has 26 court cases on record: 13 filed by the company and 13 filed against it. 5 are pending. Most are in the high courts.
Vandana Vidhyut was incorporated on 10 November 1995. It is registered with the Registrar of Companies, Chhattisgarh.
Jami Koteswar Rao ceased to be Whole-Time Director on 31 Aug 2018. Vijit Kumar Agrawal ceased to be Director on 27 Mar 2018. Vinod Kumar Agrawal ceased to be Managing Director on 30 Dec 2017. Vandana Vidhyut has 23 board changes on record in total.
Vandana Vidhyut can be reached through the website vandana-vidhyut-limited.business.site. Its registered office is in Raipur, Chhattisgarh, India.
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