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VOVL Ltd.

Last Updated on ' Jun 19, 2021 '
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Description
Videocon Oil Ventures is engaged in extraction Of Crude Petroleum.Videocon Hydrocarbon Holdings Limited [Videocon] is a Cayman Islands company set up in 2009. The Company is part of Videocon Group, a large and multi activity Indian business group [Videocon Group]. Videocon, through its various subsidiaries and affiliates holds interest in various international oil and gas Concessions in Mozambique, Brazil, Indonesia, and East Timor.
Sector
Oil & Gas
Sub Sector
Refining
Company Type
Unlisted
Type
Service
Employees
-
Register Address
Auto Cars Compound, Adalat Road, Aurangabad Maharashtra 431005 India
Website
http://vhhl.ae/
Key Products/Services
Videocon Group is one of Indias largest private sector enterprises having business interest in various sectors, within and outside of India, including Oil & Gas Upstream. The Oil & Gas Division of Videocon Group, came into being in October 1994, with the signing of the Production Sharing Contract for the RAVVA Oil and Gas offshore Field off Kakinada in the State of Andhra Pradesh, India, as a 25percentage non-operating partner.
Key Resources/Assets
Aurangabad, Maharashtra
Stressed Asset Details Expand All 
-
USD 0
Stressed Asset Related Documents
No Document found
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2014 59,097.8 0 1.22 bn 23,890.6 72.55 72.55 1.18 0.0 0.0 0.0
2015 28,920.2 0 1.16 bn 23,890.6 1.49 1.49 0.17 0.0 0.0 0.0
2016 28,920.2 0 1.6 bn 23,890.6 0.1 0.1 0.0 0.0 0.0 0.0
Stressed Assets Timeline 2019
Defined Date Without Date

Commencement of CIRP

08Nov
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Public Announcement by Resolution Professional

22Nov
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Claim submission

04Dec
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Invitation for Expression of Interest

25May
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Submission of Expression of Interest

31May
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Submission of Resolution Plan

03Jun
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Committee of Creditors Approval

15Jun
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Submission of Resolution Plan to NCLT

21Apr
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Approval of Resolution Plan by NCLT

06May
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