About Venika Hydro Projects Private Limited
Data last updated:
Venika Hydro Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 16 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U04010KA2005PTC036974. Its GSTIN is 29AACCV1127E1ZL (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹23.69 Cr. It is led by directors including Chandrasekhar Reddy Dasaraiahgari (Managing Director) and Dasaraiahgari Jagadeeswara Reddy.
Its last annual general meeting (AGM) was held on 18 March 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.08 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹16.42 Cr (net margin -48.2%) and EBITDA of ₹29.64 Cr (EBITDA margin 87%).
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹325.19 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹23.68 Cr; the latest was in February 2018. Its 10 peer companies in the Cleantech industry (Hydro Power, Hydro Projects) are compared by revenue, 5 larger and 5 smaller; the largest is Panchhor Hydro Power Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website venika.in.
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- Website
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- Registered AddressNo. 304 3rd Floor Saket Callipolis Opp. Wipro Corporate Office Sarjapur Ro, Ad, Bangalore, Karnataka, India – 560035
- IndustryEnvironment, Hydroelectric Power Solutions
- 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
Business Activity of Venika Hydro Projects Private Limited
The main business activity of Venika Hydro Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Venika Hydro Projects Private Limited FY 2023 filings available
Venika Hydro Projects Private Limited reported revenue of ₹34.08 Cr (up 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Venika Hydro Projects Private Limited
Revenue rose 1% in the latest year. EBITDA rose 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Venika Hydro Projects Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹29.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.42 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Venika Hydro Projects Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -48.2% | •••• | •••• | •••• | •••• |
| 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 Venika Hydro Projects are in the company report.
Financial statements from 2015
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.
Peer Comparison of Venika Hydro Projects Private Limited
Venika Hydro Projects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Hydro Power, Hydro Projects). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panchhor Hydro Power Private Limited | •••• | •••• | •••• | •••• | 47 | New Shimla, Himachal Pradesh, India |
| Mahati Hydro Power Vidharbha Private Limited | •••• | •••• | •••• | •••• | 30 | Pune, Maharashtra, India |
| Engineered Power Resources India Private Limited | •••• | •••• | •••• | •••• | 25 | Bellary, Karnataka, India |
| Troyer Hydro Private Limited | •••• | •••• | •••• | •••• | - | Newdelhi, Delhi, India |
| Uttar Bharat Hydro Power Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Venika Hydro Projects Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Sikkim Urja Limited | •••• | •••• | •••• | •••• | 62 | New Delhi, Delhi, India |
| Aurangabad City Water Utility Company Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| International Power Corporation Private Limited | •••• | •••• | •••• | •••• | 54 | Bangalore, Karnataka, India |
| Cosmos Hydro Power Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Texmaco Infrastructure & Holdings Limited Listed | •••• | •••• | •••• | •••• | 25 | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Venika Hydro Projects by revenue in the Cleantech industry (Hydro Power, Hydro Projects), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Venika Hydro Projects Private Limited
Venika Hydro Projects Private Limited is audited by R V S R & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R V S R & 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 Venika Hydro Projects Private Limited
Venika Hydro Projects has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dasaraiahgari Jagadeeswara Reddy | Director | 22 Sep 2005 | 21 Years 0 Months | Current |
| Pradeep Kumar Reddy Dasaraiah | Director | 30 Nov 2017 | 8 Years 10 Months | Current |
| Chandrasekhar Reddy Dasaraiahgari | Managing Director | 16 Aug 2005 | 21 Years 1 Months | Current |
Ownership and Shareholding of Venika Hydro Projects 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 Venika Hydro Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2019 | Others | ₹33.58 Cr | Open |
| 12 Dec 2018 | Others | ₹29.96 Cr | Open |
| 05 Oct 2017 | Others | ₹171.15 Cr | Open |
| 18 Oct 2010 | Indian Renewable Energy Development Agency Limited | ₹90.5 Cr | Open |
Total charge records: 4 View all charges
Deals & Funding of Venika Hydro Projects Private Limited
Venika Hydro Projects Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹23.68 Cr; the latest was in February 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sahasra Projects Private Limited |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sampada Holdings Private Limited |
| Jun 2012 | Funding round | ₹7.1 Cr | Investors: Venika Green Power Private Limited , Sampada Holdings Private Limited , Dasaraiahgari Constructions Private Limited |
| Nov 2010 | Funding round | ₹15.93 Cr | Investors: Dasaraiahgari Constructions Private Limited , Venika Green Power Private Limited , 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Dasaraiahgari Constructions Private Limited Seller: Dasaraiahgari Constructions Private Limited |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Venika Hydro Projects Private Limited
Venika Hydro Projects Private Limited has 1 court case on record: 1 filed by Venika Hydro Projects. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Income Tax Officer | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Venika Hydro Projects Private Limited
Venika Hydro Projects Private Limited has a workforce of 20 employees as of Mar 28, 2024.
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 Venika Hydro Projects Private Limited
Venika Hydro Projects Private Limited has 9 board changes on record since 2005: 3 appointments and 6 cessations. The latest: Sivasankar Reddy Mara ceased to be Director on 07 May 2018.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Venika Hydro Projects 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 Venika Hydro Projects 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 Venika Hydro Projects 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 Venika Hydro Projects Private Limited
Venika Hydro Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV1127E1ZL | Karnataka | Active | 08 Jan 2018 |
| 22AACCV1127E1ZZ | Chhattisgarh | Active | 31 Jan 2018 |
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 Venika Hydro Projects 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 Venika Hydro Projects Private Limited
Venika Hydro Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 16 August 2005 (21+ years old) and is registered under CIN U04010KA2005PTC036974.
Venika Hydro Projects reported revenue of ₹34.08 Cr for FY 2022 (up 1% YoY).
Venika Hydro Projects has 3 current directors:
- Chandrasekhar Reddy Dasaraiahgari - Managing Director
- Dasaraiahgari Jagadeeswara Reddy - Director
- Pradeep Kumar Reddy Dasaraiah - Director
Venika Hydro Projects reported a net loss of ₹16.42 Cr (net margin -48.2%) and EBITDA of ₹29.64 Cr (EBITDA margin 87%) for FY 2022, as per its filed financial statements.
The GSTIN of Venika Hydro Projects is 29AACCV1127E1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AACCV1127E1ZZ (Chhattisgarh).
The CIN (Corporate Identification Number) of Venika Hydro Projects is U04010KA2005PTC036974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venika Hydro Projects has 1 court case on record: 1 filed by the company.
Venika Hydro Projects was incorporated on 16 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Venika Hydro Projects has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹23.68 Cr; the latest was in February 2018.
The peers of Venika Hydro Projects by revenue are Panchhor Hydro Power Private Limited, Mahati Hydro Power Vidharbha Private Limited, Engineered Power Resources India Private Limited, Troyer Hydro Private Limited, Uttar Bharat Hydro Power Private Limited and 5 more, all in the Cleantech industry (Hydro Power, Hydro Projects).
Sivasankar Reddy Mara ceased to be Director on 07 May 2018. Pradeep Kumar Reddy Dasaraiah was appointed as Director on 30 Nov 2017. Bala Reddy Gopu ceased to be Director on 23 Apr 2009. Venika Hydro Projects has 9 board changes on record in total.