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About
Basic Data Updated:
16 days agoTransformers, lightning arresters, and transformer oil are manufactured by Victory Electricals Limited. The company's range of products includes power transformers, distribution transformers, vacuum circuit breakers, electro-porcelain products, and surge arresters. These products are essential for the smooth functioning of the electrical industry. The power transformer unit of Victory Electricals Limited is located in Hyderabad and covers a vast area of 60,000 square feet. This unit is equipped with state-of-the-art technology and machinery to ensure the production of high-quality transformers. The company takes pride in its efficient and skilled workforce, who work tirelessly to meet the demands of the market. In addition to the Hyderabad unit, VEL has also acquired a power transformer unit in Chennai. This unit spans over 10 acres and has a built-up area of 60,000 square feet. This strategic move has enabled the company to expand its reach and cater to a wider customer base. The transformer oil plant of Victory Electricals Limited has a processing capacity of 10 KLPH (Kilo Liter Per Hour) and a base oil storage capacity of 1,300 KL. This plant plays a crucial role in the production of transformers, as transformer oil is a vital component in their functioning.
Industry
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U31909TN2000PLC078301 |
Company No. | 078301 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 27 Jul 2000 |
Date of AGM | 29 Sep 2019 |
Date of Balance Sheet | 31 Mar 2019 |
Listing Status | Unlisted |
ROC Code | Roc Chennai |
Financials of Victory Electricals Limited
Victory Electricals Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 91.48% decrease. The company also saw a substantial fall in profitability, with a 123.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.88%.
Corporate Structure
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People in Victory Electricals Limited
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Executive Team (1)
MV
Mahendra Vaddineni Managing DirectorAppointment Date: 27-Jul-2000
Status: Current
Board Members(2)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Edelweiss Asset Reconstruction Company Limited Creation Date: 15 Jun 2011 | ₹78.75 Cr | Open |
Ge Capital Services India Creation Date: 28 Apr 2011 | ₹12.50 Cr | Open |
Bank Of Baraoda Creation Date: 31 Dec 2009 | ₹3.90 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Victory Electricals Limited last Annual general meeting of members was held on 29 Sep 2019 as per latest MCA records.
29 Sep 2019Balance Sheet
Victory Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
31 Mar 2019Charges
A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 78.75 cr registered on 15 Jun 2011 with Charge ID 10324975 was modified on 26 Mar 2014.
26 Mar 2014Charges
A charge with Bank Of Baroda of Rs. 127.00 cr registered on 21 Feb 2009 with Charge ID 10149604 was modified on 30 Mar 2013.
30 Mar 2013Charges
A charge with State Bank Of India of Rs. 134.68 cr registered on 09 Jan 2001 with Charge ID 90139293 was modified on 02 Jul 2012.
02 Jul 2012
Frequently asked questions
What is the Incorporation or founding date of Victory Electricals Limited?