About Visa Power Limited
Data last updated:
Visa Power Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Visa Energy Ventures Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 05 October 2005.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U40101WB2005PLC105797. Its GSTIN is 19AACCV1853D1ZF (West Bengal). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1,600 Cr and a paid-up capital of ₹406.27 Cr. It is led by directors including Brajes Chandra Bhattacharyya (Managing Director) and Rupanjana De.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 8/10 Alipore Road, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2017, the company reported a revenue of ₹31.81 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹11.96 Cr and EBITDA of ₹9.25 Lakh (EBITDA margin 29.1%).
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2,164 Cr and satisfied charges of ₹100 Cr on record. Court records list 62 cases involving the company, including 22 filed by the company and 41 filed against it; 8 cases are pending.
The last known website on record is visapower.net.
Company details
CIN history
Visa Power has one previous CIN (Corporate Identification Number): U40101WB2005PTC105797. The current CIN is U40101WB2005PLC105797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101WB2005PLC105797 | Current |
| U40101WB2005PTC105797 | Previous |
Contact details
Visa Power Limited's registered office is in Kolkata, West Bengal. Its website is visapower.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/10 Alipore Road, Kolkata, West Bengal, India – 700027
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Visa Power 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
Financials of Visa Power Limited
FY 2017 filings availableVisa Power Limited reported revenue of ₹31.81 Lakh (down 78% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year. EBITDA rose 112% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | ₹9.25 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.96 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 29.1% | ||
| Net Profit Margin | |||
| 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 Visa Power Limited, buy the company report.
Board of directors and KMP of Visa Power Limited
Visa Power Limited currently reports 4 directors and 2 key managerial personnel. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupanjana De Also directs: Websol Energy System Limited, Mcleod Russel India Limited, Health X Platform Limited and 5 more | Director | 04 Aug 2017 | 9 Years 3 Months | As last reported |
| Brajes Chandra Bhattacharyya | Managing Director | 12 Sep 2016 | 10 Years 1 Months | As last reported |
| Ranjan Kumar Jindal | Cfo | 25 Sep 2015 | 11 Years 1 Months | As last reported |
| Amisha Chaturvedi Khanna | Company Secretary | 19 Jan 2016 | 10 Years 9 Months | As last reported |
| Vishambhar Saran | Director | 05 Oct 2005 | 21 Years 1 Months | As last reported |
| Rajinder Sharma Also directs: Jamboree Resorts India LLP, Ambrosia Organoceuticals Private Limited, Nextgen Telesolutions Private Limited and 1 more | Director | 19 Jul 2017 | 9 Years 3 Months | As last reported |
Peer comparison
Visa Power Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Power Projects, Thermal Power Plants), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ind-Barath Thermotek Private Limited | ₹32.81 Lakh (FY 2016) | Hyderabad, Telangana, India | ||||
| PV Line Solar Power Private Limited | ₹32.09 Lakh (FY 2025) | 765.0% | Bangalore, Karnataka, India | |||
| Bacs Energy Private Limited | ₹32.07 Lakh (FY 2025) | 1086.0% | Durg, Chhattisgarh, India | |||
| Aditya Solar Integrator Private Limited | ₹32.06 Lakh (FY 2019) | 187.0% | Kolhapur, Maharashtra, India | |||
| Sterling Power Ventures Private Limited | ₹31.9 Lakh (FY 2025) | -52.0% | Kolkata, West Bengal, India | |||
| Visa Power Limitedthis company | ₹31.81 Lakh (FY 2017) | -₹11.96 Cr | -78.0% | 11 | Kolkata, West Bengal, India | |
| Jagatguru Power Projects Limited | ₹31.77 Lakh (FY 2024) | -42.0% | Durgapur, West Bengal, India | |||
| Ishtah Software Solutions India Private Limited | ₹30.65 Lakh (FY 2024) | -47.0% | Hyderabad, Telangana, India | |||
| Revolution Surya Power Solutions Private Limited | ₹30.38 Lakh (FY 2018) | Palwal, Haryana, India | ||||
| HKS Infrastructure Private Limited | ₹30.17 Lakh (FY 2025) | -76.0% | Zirakpur, Punjab, India | |||
| Prerak Solar Infra 1 Private Limited | ₹29.82 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Visa Power Limited, buy the company report.
Auditor
Visa Power Limited is audited by RAY & RAY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAY & RAY | FY 2016 | 301072E |
Shareholding
The shareholding of Visa Power Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Visa Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2014 | 10470999 | Sbicap Trustee Company Limited | ₹200 Cr | Open | |
| 29 Jul 2010 | 10234781 | Sbicap Trustee Company Limited | ₹1,964 Cr | Open | |
| 21 Feb 2012 | 10340331 | Bank of India | ₹100 Cr | Satisfied |
To see the full charge records of Visa Power Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Visa Power Limited has 62 court cases on record: 22 filed by Visa Power, 41 filed against it. 8 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 27 | 3 |
| District courts | 17 | 9 | 2 |
| Supreme Court | 6 | 5 | 3 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by Larsen and Toubro Ltd. | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Larsen and Toubro Ltd. Through Constituted Attorney Mr. Karanthaneri Meenakshisundaram Subramaniam L and T House, N. M. Marg, Ballard Estate, , District: Mumbai ,Mumbai , Maharashtra | Disposed |
| High Court | Arbitration matter | Filed against the company by Tata Projects Ltd | Disposed |
| High Court | Writ petition | Filed by the company against Chhattisgarh State Power Distribution Company Ltd., and 2 others | Disposed |
| High Court | Company petition | Filed by the company against Tata Projects Limited | Disposed |
To see the full case history of Visa Power 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 Visa Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Visa Power has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Visa Power Trading Company Limited | U40101WB2011PLC160256 |
To see the full group structure of Visa Power Limited, buy the company report.
Employees & EPFO
Visa Power Limited has a workforce of 11 employees on its EPFO records as of Nov 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 11 |
| FY 2016-17 |
To see the full employee and EPFO history of Visa Power Limited, buy the company report.
GST
Visa Power has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCV1853D1ZF | West Bengal | Active | 01 Jul 2017 |
| 22AACCV1853D2ZR | Chhattisgarh | Active | 25 Jul 2020 |
To see the full GST registrations and return filing status of Visa Power Limited, buy the company report.
Recent activity
Visa Power Limited has 28 board changes on record since 2005: 6 appointments and 22 cessations. The latest: Rajinder Sharma ceased to be Additional Director on 27 Sep 2017.
25 earlier events are in the company report.
Frequently asked questions
Visa Power is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Visa Power is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 05 October 2005 and is registered under CIN U40101WB2005PLC105797. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Visa Power has 6 current directors and KMP:
- Brajes Chandra Bhattacharyya - Managing Director
- Rupanjana De - Director
- Vishambhar Saran - Director
- Rajinder Sharma - Director
- Ranjan Kumar Jindal - Cfo
- Amisha Chaturvedi Khanna - Company Secretary
The latest financial statements of Visa Power on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visa Power is U40101WB2005PLC105797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Power has open charges of ₹2,164 Cr and satisfied charges of ₹100 Cr as per latest MCA filings.
Visa Power has 62 court cases on record: 22 filed by the company and 41 filed against it. 8 are pending. Most are in the high courts.
Visa Power was incorporated on 05 October 2005. It is registered with the Registrar of Companies, Kolkata.
The peers of Visa Power by revenue are Ind-Barath Thermotek Private Limited, PV Line Solar Power Private Limited, Bacs Energy Private Limited, Aditya Solar Integrator Private Limited, Sterling Power Ventures Private Limited and 5 more, all in the Infrastructure industry (Power Projects, Thermal Power Plants).
Rajinder Sharma ceased to be Additional Director on 27 Sep 2017. Rupali Basu ceased to be Director on 31 Aug 2017. Rupanjana De was appointed as Director on 04 Aug 2017. Visa Power has 28 board changes on record in total.
Visa Power can be reached through the website visapower.net. Its registered office is in Kolkata, West Bengal, India.
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