Victory Electricals Limited

Victory Electricals Limited

Manufacturer of transformers, lightning arresters, and transformer oil with large production and repair capabilities.

2000 Tiruvallur, Tamil Nadu (India) Under Liquidation

The corporate selected is having status as under liquidation hence financial data is not available. You may check its last filed documents by making a request.

About

Basic Data Updated:

16 days ago

Transformers, 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

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU31909TN2000PLC078301
Company No.078301
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date27 Jul 2000
Date of AGM29 Sep 2019
Date of Balance Sheet31 Mar 2019
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Victory Electricals Limited

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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

Executive Team (1)

  • MV

    Mahendra Vaddineni In Managing Director

    Appointment Date: 27-Jul-2000

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹357.18 cr

₹69.40 cr

LenderAmountStatus

Edelweiss Asset Reconstruction Company Limited

Creation Date: 15 Jun 2011
₹78.75 CrOpen

Ge Capital Services India

Creation Date: 28 Apr 2011
₹12.50 CrOpen

Bank Of Baraoda

Creation Date: 31 Dec 2009
₹3.90 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    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 2019
  • Activity

    Balance Sheet

    Victory Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019
  • Activity

    Charges

    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 2014
  • Activity

    Charges

    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 2013
  • Activity

    Charges

    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?

Victory Electricals Limited was incorporated 23 years 9 months ago on 27 Jul 2000 with Registrar of Companies Roc Chennai.

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