Veess Wind Energy Services Private Limited
About Veess Wind Energy Services Private Limited
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Veess Wind Energy Services Private Limited was a private limited company based in Tirunelveli, Tamil Nadu, 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 electric power generation segment of the energy sector. It was incorporated on 30 October 2018.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U40106TN2018PTC125565. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Muthusamy Kanaga Sabapathi and Velusamy Vellaisamy.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No: 5/225(2) Pasumpon Nagar Athiyoothu Muthu Krishnaperi Road Adaikalapattnam, Tirunelveli, Tamil Nadu, India – 627808.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.72 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.51 Lakh (net margin 5.5%) and EBITDA of ₹14.23 Lakh (EBITDA margin 8.3%).
Company details
Contact details
Veess Wind Energy Services Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo: 5/225(2) Pasumpon Nagar Athiyoothu Muthu Krishnaperi Road Adaikalapattnam, Tirunelveli, Tamil Nadu, India – 627808
- IndustryEnergy, Electric Power Generation
To see the full contact details of Veess Wind Energy Services 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 Veess Wind Energy Services 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 Veess Wind Energy Services Private Limited, buy the company report.
Financials of Veess Wind Energy Services Private Limited
FY 2020 filings availableVeess Wind Energy Services Private Limited reported revenue of ₹1.72 Cr (up 171% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 171% in the latest year. EBITDA rose 521% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.72 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.23 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹9.51 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.3% | |
| Net Profit Margin | 5.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Veess Wind Energy Services Private Limited, buy the company report.
Board of directors of Veess Wind Energy Services Private Limited
Veess Wind Energy Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthusamy Kanaga Sabapathi | Director | 30 Oct 2018 | 8 Years 0 Months | As last reported |
| Velusamy Vellaisamy | Director | 30 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Veess Wind Energy Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Continental Intra-Tech Private Limited | ₹1.73 Cr (FY 2021) | -13.0% | Nizamabad, Telangana, India | |||
| Bindal Solar Energies Private Limited | ₹1.73 Cr (FY 2024) | 266.0% | Kashipur, Uttarakhand, India | |||
| Arasan Power Private Limited | ₹1.73 Cr (FY 2024) | -18.0% | Tuticorin, Tamil Nadu, India | |||
| Amd Green Energy (India) Private Limited | ₹1.72 Cr (FY 2025) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Madurai Renewable Energy Private Limited | ₹1.72 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India | |||
| Veess Wind Energy Services Private Limitedthis company | ₹1.72 Cr (FY 2020) | ₹9.51 Lakh | 5.5% | 171.0% | Tirunelveli, Tamil Nadu, India | |
| Velmurugan Energy Farm Private Limited | ₹1.71 Cr (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Metro Frozen Fruits and Vegetables Private Limited | ₹1.71 Cr (FY 2025) | 23.0% | Roorkee, Uttarakhand, India | |||
| Kraftpowercon Power Products Private Limited | ₹1.71 Cr (FY 2023) | -59.0% | Pune, Maharashtra, India | |||
| Alles Solar Private Limited | ₹1.71 Cr (FY 2025) | -70.0% | Bangalore, Karnataka, India | |||
| Raimond Solar Private Limited | ₹1.7 Cr (FY 2024) | 1208.0% | Sonarpur, West Bengal, India |
To see the full peer comparison of Veess Wind Energy Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veess Wind Energy Services 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 Veess Wind Energy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veess Wind Energy Services 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 Veess Wind Energy Services Private Limited, buy the company report.
Recent activity
Veess Wind Energy Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Muthusamy Kanaga Sabapathi was appointed as Director on 30 Oct 2018.
Frequently asked questions
Veess Wind Energy Services 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.
Veess Wind Energy Services was a private limited company based in Tirunelveli, Tamil Nadu, India. The company worked in electric power generation, within the energy industry. It was incorporated on 30 October 2018 and is registered under CIN U40106TN2018PTC125565. The company has been struck off by the Registrar of Companies and is no longer operational.
Veess Wind Energy Services had 2 directors:
- Muthusamy Kanaga Sabapathi - Director
- Velusamy Vellaisamy - Director
The CIN (Corporate Identification Number) of Veess Wind Energy Services is U40106TN2018PTC125565. 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 Veess Wind Energy Services is at No: 52252 Pasumpon Nagar Athiyoothu Muthu Krishnaperi Road Adaikalapattnam, Tirunelveli, Tamil Nadu, India – 627808.
Veess Wind Energy Services was incorporated on 30 October 2018. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Veess Wind Energy Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Veess Wind Energy Services has 1 GST registration on record and it is cancelled or inactive.
Veess Wind Energy Services operated in the energy industry, in the electric power generation segment. It worked in this industry before it was struck off.
The peers of Veess Wind Energy Services by revenue are Continental Intra-Tech Private Limited, Bindal Solar Energies Private Limited, Arasan Power Private Limited, Amd Green Energy (India) Private Limited, Madurai Renewable Energy Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Muthusamy Kanaga Sabapathi was appointed as Director on 30 Oct 2018. Velusamy Vellaisamy was appointed as Director on 30 Oct 2018.
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