Vesta Power Private Limited
About Vesta Power Private Limited
Data last updated:
Vesta Power Private Limited was a private limited company based in Bangalore, Karnataka, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 February 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U40104KA2015PTC078677. 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 Raghunath Periyasamy and Harish.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.37 Lakh. For the same year it recorded a net loss of ₹8.73 Lakh (net margin -368.9%) and EBITDA of -₹8.67 Lakh (EBITDA margin -366%).
Court records list 32 cases involving the company, including 32 filed against it.
Company details
Contact details
Vesta Power Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 699/Kb R Towers 1st Main 1st Stage 2nd Block 80 Feet Main Road Near Bda C, Omplex, Bangalore, Karnataka, India – 560043
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vesta Power 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 Vesta Power is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vesta Power Private Limited, buy the company report.
Financials of Vesta Power Private Limited
FY 2018 filings availableVesta Power Private Limited reported revenue of ₹2.37 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.37 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹8.67 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.73 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -366% | |||
| Net Profit Margin | -368.9% | |||
| 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 Vesta Power Private Limited, buy the company report.
Board of directors of Vesta Power Private Limited
Vesta Power has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunath Periyasamy | Additional Director | 12 Nov 2018 | 7 Years 11 Months | As last reported |
| Harish Also directs: Flavyo Technologies Private Limited | Additional Director | 12 Nov 2018 | 7 Years 11 Months | As last reported |
Auditor
Vesta Power Private Limited is audited by GORANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORANI & ASSOCIATES | FY 2018 | 016517S |
Shareholding
The shareholding of Vesta Power Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vesta Power Private Limited, buy the company report.
Legal cases
Vesta Power Private Limited has 32 court cases on record: 32 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 30 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Court case (RLTOP) | Filed against the company by an individual | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Vesta Power 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vesta Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vesta Power 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.
To see the full GST registrations and return filing status of Vesta Power Private Limited, buy the company report.
Recent activity
Vesta Power Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Harish ceased to be Additional Director on 25 Feb 2020.
Frequently asked questions
Vesta Power 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.
Vesta Power was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 February 2015 and is registered under CIN U40104KA2015PTC078677. The company has been struck off by the Registrar of Companies and is no longer operational.
Vesta Power had 2 directors:
- Raghunath Periyasamy - Additional Director
- Harish - Additional Director
The CIN (Corporate Identification Number) of Vesta Power is U40104KA2015PTC078677. 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 Vesta Power is at No. 699Kb R Towers 1st Main 1st Stage 2nd Block 80 Feet Main Road Near Bda C, Omplex, Bangalore, Karnataka, India – 560043.
Vesta Power was incorporated on 03 February 2015. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Vesta Power on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vesta Power has 2 GST registrations on record and all of them are cancelled or inactive.
Vesta Power operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Vesta Power has 32 court cases on record: 32 filed against it. Most are in the district courts.