Visakha Finance Private Limited

Provides financial and investment services, including leasing, factoring, and financial assistance for properties.

1994 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Visakha Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.53 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 101.86%
  • Profit Growth 89.87%
  • Ebitda 40.93%
  • Net Worth 5.32%
  • Total Assets 6.47%

About Visakha Finance

Visakha Finance Private Limited (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 October 1994 and has a history of 30 years and five months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

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 1.00 Cr and a paid-up capital of Rs 2.53 M, as per Ministry of Corporate Affairs (MCA) records.

Jyothsana Akkineni, Sunitha Vemulapalli, and Ashok Vemulapalli serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65993AP1994PTC018467

  • Company No.

    018467

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1994

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Visakha Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Jyothsana Akkineni Country flag representing In Director 06-Oct-1994Current
Sunitha Vemulapalli Country flag representing In Director 06-Oct-1994Current
Ashok Vemulapalli Country flag representing In Director 21-Feb-2014Current

Financial Performance of Visakha Finance.

Visakha Finance Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 101.86% increase. The company also saw a substantial improvement in profitability, with a 89.87% increase in profit. The company's net worth moved up by a moderate rise of 5.32%.

Visakha Finance revenue growth over time
Visakha Finance profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
101.86%
Revenue from Operations
Total Assets
6.47%
Profit or Loss
89.87%
Net Worth
5.32%
EBITDA
40.93%

What is the Ownership and Shareholding Structure of Visakha Finance?

In 2018, Visakha Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Visakha Finance?

Unlock and access historical data on people associated with Visakha Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Visakha Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Visakha Finance, 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 Visakha Finance's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Visakha Finance

Recent activity within the organization

  • Annual General Meeting

    Visakha Finance Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Visakha Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Ashok Vemulapalli was appointed as a Director was appointed as a Director on 21 Feb 2014 & has been associated with this company since 11 years 16 days .

  • Director Appointment

    Jyothsana Akkineni was appointed as a Director was appointed as a Director on 06 Oct 1994 & has been associated with this company since 30 years 5 months .

  • Director Appointment

    Sunitha Vemulapalli was appointed as a Director was appointed as a Director on 06 Oct 1994 & has been associated with this company since 30 years 5 months .

  • Company Incorporation

    Visakha Finance Private Limited was registered on 06 Oct 1994 with Roc Vijayawada & aged 30 years 5 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Visakha Finance Private Limited?

    Visakha Finance Private Limited was incorporated on 06 Oct 1994.

  • What is authorized share capital and paid-up capital of Visakha Finance Private Limited?

    The authorized share capital of Visakha Finance Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.53 M.

  • Who are the current board members & directors of Visakha Finance Private Limited?

    Currently 3 directors are associated with Visakha Finance Private Limited.

    • Jyothsana Akkineni
    • Sunitha Vemulapalli
    • Ashok Vemulapalli

  • What is the registered address of Visakha Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Visakha Finance Private Limited is Anar Centre Nowroji Road Maharanipeta, India, Visakhapatnam (Urban), Andhra Pradesh, 530002.

  • What is the corporate identification number (CIN) and company number of Visakha Finance Private Limited?

    The corporate identification number (CIN) of Visakha Finance Private Limited is U65993AP1994PTC018467 and the company number is 018467 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Visakha Finance Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Visakha Finance Private Limited has risen by 101.86%.

  • What change has been observed in the net worth of Visakha Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Visakha Finance Private Limited has experienced an upsurge of 5.32%.

  • When was the last Balance Sheet of Visakha Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Visakha Finance Private Limited was filed with the ROC on 31 Mar 2024.

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