Visagar Financial Services Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 58.39 Cr
- Company Age 31 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -74.73%
- Profit Growth 168.63%
- Ebitda 171.57%
- Net Worth 2.04%
- Total Assets -3.65%
About Visagar Financial Services
Visagar Financial Services Limited (VFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 March 1994 and has a history of 31 years and two months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531025.
The Corporate was formerly known as Inca Finlease Ltd.. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 58.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Visagar Financial Services Limited India are Pushpraj Gupta as Company Secretary, Sagar Kothari as Ceo, and Ankita Rai as Cfo. Anjali Pareek, Kuldeep Kumar, Madhu Vaishnav, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1994PLC076858
- Company No.
076858
- Stock Symbol
BSE : 531025
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Mar 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Visagar Financial Services Limited offer?
Visagar Financial Services Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Real Estate Services, Corporate Finance & Leasing Advisors, Fund Management Services, Funding Management Service, Financial Service.
Visagar Financial Services Limited
Explore comprehensive data for Visagar Financial Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Visagar Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pushpraj Gupta | Company Secretary | 03-Apr-2024 | Current |
Sagar Kothari  | CEO | 16-Apr-2019 | Current |
| Ankita Rai | CFO | 22-Apr-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tilokchand Kothari | Director | 15-Jan-2011 | Current |
| Anjali Pareek | Director | 30-Sep-2024 | Current |
| Kuldeep Kumar | Director | 30-Mar-2019 | Current |
| Madhu Vaishnav | Director | 30-Mar-2019 | Current |
Financial Performance of Visagar Financial Services.
Visagar Financial Services Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 74.73% decrease. The company also saw a substantial improvement in profitability, with a 168.63% increase in profit. The company's net worth moved up by a moderate rise of 2.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Visagar Financial Services?
In 2022, Visagar Financial Services had a promoter holding of 5.34% and a public holding of 94.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maharashtra Corporation LimitedAnjali Pareek, Kuldeep Kumar and 2 more are mutual person
Visagar Polytex LimitedKuldeep Kumar, Madhu Vaishnav and 1 more are mutual person
Shalimar Productions LimitedTilokchand Kothari is a mutual person
Trisha Studios LimitedAnjali Pareek, Madhu Vaishnav and 1 more are mutual person
- Njoymax Ott Entertainment Private Limited
Tilokchand Kothari is a mutual person
- Jagrecha Finance And Trades Private Limited
Tilokchand Kothari is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Visagar Financial Services?
Unlock and access historical data on people associated with Visagar Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Visagar Financial Services, 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 Visagar Financial Services'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.
Latest Updates, News, and FAQs on Visagar Financial Services
Recent activity within the organization
- Annual General Meeting
Visagar Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Anjali Surendrakumar Pareek was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 7 months 20 days .
- Director Appointment
Pushpraj Kumar Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 03 Apr 2024 & has been associated with this company since 1 year 1 month .
- Balance Sheet
Visagar Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ankita Rai was appointed as a Cfo was appointed as a Cfo on 22 Apr 2022 & has been associated with this company since 3 years 29 days .
- Director Appointment
Kuldeep Kumar was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 6 years 1 month .
Recent News, Updates & Announcement
Maharashtra Corp buys 0.44 acre land in Ahmedabad, plans commercial development.As Ahmedabad emerges as a swiftly developing market, there has been a notable surge in real estate activities. The city's location and favourable business environment have drawn the attention of investors and homebuyers alike, fuelling the growth of its real estate sector..
- Promoter buys Visagar Financial Services via open market; promoter group plans to increase stake.
Visagar Financial Services has announced that the promoter group Sagar Portfolio Services Ltd, a promoter group entity has acquired 30,00,000 equity shares of the Company from the open market.
- Visagar Polytex appoints Yash Malhotra as additional director.
Visagar Polytex has informed that the Company had appointed Mr. Yash Malhotra as an Additional Director (Non-Executive, Independent) w.e.f. February 10, 2017. Mr. Yash Malhotra has been further induced in Nomination & Remuneration Committee in place of Mr. Tilokchand Kothari..
Frequently asked questions
What is the Incorporation or founding date of Visagar Financial Services Limited?
Visagar Financial Services Limited was incorporated on 01 Mar 1994.
What is authorized share capital and paid-up capital of Visagar Financial Services Limited?
The authorized share capital of Visagar Financial Services Limited is ₹ 60.00 Cr and paid-up capital is ₹ 58.39 Cr.
Who are the current board members & directors of Visagar Financial Services Limited?
Currently 7 directors are associated with Visagar Financial Services Limited.
- Pushpraj Kumar Gupta
- Anjali Surendrakumar Pareek
- Kuldeep Kumar
- Madhu Bala Vaishnav
- Sagar Kothari
- Ankita Rai
- Tilokchand Manaklal Kothari
What is the registered address of Visagar Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Visagar Financial Services Limited is 907-908 Dev Plaza 9Th Floor Opp. Andheri Fire Station S.V. Road, Dheri (W) India, Mumbai, Maharashtra, 400058.
What is the corporate identification number (CIN) and company number of Visagar Financial Services Limited?
The corporate identification number (CIN) of Visagar Financial Services Limited is L99999MH1994PLC076858 and the company number is 076858 as per Ministry of Corporate Affairs (MCA).
Is Visagar Financial Services Limited registered with any stock exchange in India?
Yes, Visagar Financial Services Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Visagar Financial Services Limited?
The Official website of Visagar Financial Services Limited is https://www.vfsl.org
What has been the recent revenue trend for Visagar Financial Services Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Visagar Financial Services Limited has fallen by -74.73%.
What change has been observed in the net worth of Visagar Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Visagar Financial Services Limited has experienced an upsurge of 2.04%.
When was the last Balance Sheet of Visagar Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Visagar Financial Services Limited was filed with the ROC on 31 Mar 2024.
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