Visakha Solvents Limited

Manufacturer and supplier of basic chemicals, solvents, and pharmaceutical products since 2008.

2008 | Hyderabad, Telangana (India) | Active
Last Updated: October 23, 2024

Visakha Solvents Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.55 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 489.29%
  • Profit Growth 164.70%
  • Ebitda 200.44%
  • Net Worth 15.24%
  • Total Assets 104.40%

About Visakha Solvents

Visakha Solvents Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 October 2008 and has a history of 16 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Environment 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 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹11.55 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhakar Gade, Surender Sandadi, and Seri Reddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    visakhasolvents.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900TG2008PLC061618

  • Company No.

    061618

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Environment

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

Board Members (3)

NameDesignationAppointment DateStatus
Sudhakar Gade Country flag representing In Whole-Time Director 30-Oct-2008Current
Surender Sandadi Country flag representing In Whole-Time Director 30-Oct-2008Current
Seri Reddy Country flag representing In Director 28-Jun-2022Current

Financial Performance of Visakha Solvents.

Visakha Solvents Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 489.29% increase. The company also saw a substantial improvement in profitability, with a 164.7% increase in profit. The company's net worth Soared by an impressive increase of 15.24%.

Graph illustrating revenue growth over time
Graph showing 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
489.29%
Revenue from Operations
497.10%
Total Assets
104.40%
Profit or Loss
164.70%
Net Worth
15.24%
EBITDA
200.44%

What is the Ownership and Shareholding Structure of Visakha Solvents?

In 2021, Visakha Solvents 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)

Open Charges

₹11.55 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 11.55 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2024Indian Overseas Bank₹2.80 CrOpen
04 Oct 2022Indian Overseas Bank₹8.75 CrOpen
30 Mar 2010Indian Overseas Bank₹4.00 CrSatisfied

How Many Employees Work at Visakha Solvents?

Visakha Solvents has a workforce of 29 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Visakha Solvents, 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 Solvents'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 Solvents

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 2.80 Cr with Charge ID 100897418 was registered on 01 Mar 2024.

    01 Mar 2024

  • Annual General Meeting

    Visakha Solvents Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Visakha Solvents Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 8.75 Cr registered on 04 Oct 2022 with Charge ID 100642410 was modified on 28 Dec 2022.

    28 Dec 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 8.75 Cr with Charge ID 100642410 was registered on 04 Oct 2022.

    04 Oct 2022

  • Director Appointment

    Seri Laxmi Narsimha Reddy was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 2 years 7 months .

    28 Jun 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Visakha Solvents Limited was incorporated on 30 Oct 2008.

  • The authorized share capital of Visakha Solvents Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Visakha Solvents Limited.

    • Sudhakar Reddy Gade
    • Surender Reddy Sandadi
    • Seri Laxmi Narsimha Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Visakha Solvents Limited is Plot No.171 Flat No.402 R S Towers Kavuri Hills, Madhapur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Visakha Solvents Limited is U74900TG2008PLC061618 and the company number is 061618 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Visakha Solvents Limited is https://www.visakhasolvents.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Visakha Solvents Limited has risen by 489.29%.

  • As Per 2023 financial reports, 29 employees are currently employed by Visakha Solvents Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Visakha Solvents Limited has experienced an upsurge of 15.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Visakha Solvents Limited amount to ₹ 11.55 Cr.

  • The most recent Balance Sheet for Visakha Solvents Limited was filed with the ROC on 31 Mar 2023.

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