Visa Engineering Products (India) Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 30-07-2024
- Paid Up Capital ₹ 0.10 M
as on 30-07-2024
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.63 Cr
as on 30-07-2024
- Satisfied Charges ₹ 10.90 Cr
as on 30-07-2024
- Revenue -23.70%
(FY 2023)
- Profit -53.51%
(FY 2023)
- Ebitda -54.14%
(FY 2023)
- Net Worth 16.95%
(FY 2023)
- Total Assets -11.90%
(FY 2023)
About Visa Engineering Products (India)
The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹6.63 Cr. The company has closed loans amounting to ₹10.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Krishnakumar Bang, Vasudev Bang, and Rangnath Bang serve as directors at the Company.
- CIN/LLPIN
U74210MH2008PTC281477
- Company No.
281477
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Mar 2008
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Visa Engineering Products (India)?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnakumar Bang  | Director | 24-Jun-2013 | Current |
| Vasudev Bang | Additional Director | 02-Mar-2017 | Current |
| Rangnath Bang | Director | 10-Mar-2015 | Current |
Financial Performance of Visa Engineering Products (India).
Visa Engineering Products (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.7% decrease. The company also saw a substantial fall in profitability, with a 53.51% decrease in profit. The company's net worth Soared by an impressive increase of 16.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Visa Engineering Products (India)?
In 2023, Visa Engineering Products (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Supreme Polyweave Private LimitedActive 25 years 3 monthsVasudev Bang and Rangnath Bang are mutual person
Bang Polyweave Private LimitedActive 4 years 6 monthsKrishnakumar Bang and Vasudev Bang are mutual person
Bang Data Forms Pvt LtdActive 35 years 5 monthsKrishnakumar Bang and Vasudev Bang are mutual person
Bang Textiles And Clothing Private LimitedActive 3 years 9 monthsKrishnakumar Bang is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Sep 2020 | ₹6.63 Cr | Open |
Yes Bank Limited Creation Date: 14 Oct 2019 | ₹3.60 Cr | Satisfied |
Yes Bank Limited Creation Date: 27 Dec 2016 | ₹7.30 Cr | Satisfied |
How Many Employees Work at Visa Engineering Products (India)?
Visa Engineering Products (India) has a workforce of 181 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Visa Engineering Products (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Visa Engineering Products (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
