About Wpi India Development Private Limited
Data last updated:
Wpi India Development Private Limited was a foreign private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Wind Power Invest A/S. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the wind energy solutions segment of the environmental services sector. It was incorporated on 05 December 2019.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2019FTC132983. Its GSTIN is 33AACCW5580C1ZI (Tamil Nadu).
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹40 Cr. It was led by directors Nandagopalamurthy Shanmugasundaram and Subramanyam Palla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 14A Radial IT Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.42 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Cr (net margin 17.3%) and EBITDA of ₹6.77 Cr (EBITDA margin 43.9%). Revenue has grown at a compounded annual rate (CAGR) of 861% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The last known website on record is vestas.com.
Company details
Contact details
Wpi India Development Private Limited's registered office is in Chennai, Tamil Nadu. Its website is vestas.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSurvey No. 141/14A Radial IT Park, Tower – 1 9th Floor 200 Feet Radial Road, Chennai, Tamil Nadu, India – 600117
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Wpi India Development 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 Wpi India Development is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Wpi India Development Private Limited, buy the company report.
Financials of Wpi India Development Private Limited
FY 2024 filings availableWpi India Development Private Limited reported revenue of ₹15.42 Cr (down 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 861%. EBITDA rose 60% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.77 Cr | |||
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| Net Profit (PAT) | ₹2.67 Cr | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | 43.9% | |||
| Net Profit Margin | 17.3% | |||
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To see the full financial statements and ratios of Wpi India Development Private Limited, buy the company report.
Board of directors of Wpi India Development Private Limited
Wpi India Development has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandagopalamurthy Shanmugasundaram | Director | 05 Dec 2019 | 6 Years 10 Months | As last reported |
| Subramanyam Palla Also directs: Wpi India Development LLP | Additional Director | 06 Mar 2025 | 1 Years 7 Months | As last reported |
Auditor
Wpi India Development Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2020 | 012754N/N500016 |
Shareholding
The shareholding of Wpi India Development Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Wpi India Development Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wpi India Development Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wpi India Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wpi India Development Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Wpi India Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCW5580C1ZI | Tamil Nadu | Active | 14 Dec 2019 |
To see the full GST registrations and return filing status of Wpi India Development Private Limited, buy the company report.
Recent activity
Wpi India Development Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Subramanyam Palla was appointed as Additional Director on 06 Mar 2025.
Frequently asked questions
Wpi India Development has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Wpi India Development was a foreign private limited company based in Chennai, Tamil Nadu, India. The company worked in wind energy solutions, within the environment industry. It was incorporated on 05 December 2019 and is registered under CIN U40300TN2019FTC132983. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Wpi India Development is U40300TN2019FTC132983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wpi India Development had 2 directors:
- Nandagopalamurthy Shanmugasundaram - Director
- Subramanyam Palla - Additional Director
Wpi India Development was incorporated on 05 December 2019. It is registered with the Registrar of Companies, Chennai.
Wpi India Development can be reached through the website vestas.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Wpi India Development is at Survey No. 14114A Radial IT Park, Tower – 1 9th Floor 200 Feet Radial Road, Chennai, Tamil Nadu, India – 600117.
The latest financial statements of Wpi India Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Wpi India Development is 33AACCW5580C1ZI, registered in Tamil Nadu.
Wpi India Development operated in the environment industry, in the wind energy solutions segment.