Visagar Polytex Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 29.27 Cr
- Company Age 41 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.41 Cr
- Satisfied Charges ₹ 16.95 Cr
- Revenue Growth -73.48%
- Profit Growth -143.13%
- Ebitda -127.28%
- Net Worth -6.65%
- Total Assets -5.41%
About Visagar Polytex
Visagar Polytex Limited (VPL) is a Public Limited Indian Non-Government Company incorporated in India on 16 June 1983 and has a history of 41 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506146 and on the National Stock Exchange(NSE) under VIVIDHA.
The Corporate was formerly known as Barasia Holding&Trading Co Ltd. The Company is engaged in the Manufacturing 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 80.00 Cr and a paid-up capital of Rs 29.27 Cr.
The company currently has active open charges totaling ₹8.41 Cr. The company has closed loans amounting to ₹16.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Visagar Polytex Limited India are Sachin Mehta as CFO and Parul Gupta as Company Secretary. Tilokchand Kothari, Kuldeep Kumar, Madhu Vaishnav, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
Industry
Who are the key members and board of directors at Visagar Polytex?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tilokchand Kothari  | Managing Director | 30-Nov-1997 | Current |
| Sachin Mehta | CFO | 28-Mar-2019 | Current |
| Parul Gupta | Company Secretary | 14-Jun-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kaushal Yadav | Director | 17-Jun-2019 | Current |
| Kuldeep Kumar | Director | 28-Sep-2020 | Current |
| Madhu Vaishnav | Director | 05-Dec-2019 | Current |
| Vikramjit Gill | Director | 02-Jan-2021 | Current |
Financial Performance of Visagar Polytex.
Visagar Polytex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.48% decrease. The company also saw a substantial fall in profitability, with a 143.13% decrease in profit. The company's net worth dipped by a decrease of 6.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Visagar Polytex?
In 2023, Visagar Polytex had a promoter holding of 5.63% and a public holding of 94.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Visagar Financial Services LimitedTilokchand Kothari, Kuldeep Kumar and 1 more are mutual person
Maharashtra Corporation LimitedTilokchand Kothari, Kuldeep Kumar and 1 more are mutual person
Visagar Agro Products Private LimitedVikramjit Gill is a mutual person
Shalimar Productions LimitedTilokchand Kothari and Vikramjit Gill are mutual person
Trisha Studios LimitedTilokchand Kothari and Kaushal Yadav are mutual person
- Njoymax Ott Entertainment Private Limited
Tilokchand Kothari and Vikramjit Gill are mutual person
Charges (Loans)
₹8.41 Cr
₹16.95 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 8.37 Cr
- Hdfc Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2018 | State Bank Of India | ₹8.37 Cr | Open |
| 17 Jan 2018 | Hdfc Bank Limited | ₹0.38 M | Open |
| 15 Jul 2008 | Hdfc Bank Limited | ₹16.95 Cr | Satisfied |
How Many Employees Work at Visagar Polytex?
Visagar Polytex has a workforce of 2 employees as of Mar 22, 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 Visagar Polytex, 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 Polytex'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.
