Visakha Solvents Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 16 Year, 6 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 six 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
- 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
Visakha Solvents Limited
Explore comprehensive data for Visakha Solvents Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Visakha Solvents?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhakar Gade  | Whole-Time Director | 30-Oct-2008 | Current |
| Surender Sandadi | Whole-Time Director | 30-Oct-2008 | Current |
| Seri Reddy | Director | 28-Jun-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Veera Bhadra Swamy Agros Private LimitedSudhakar Gade is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2024 | Indian Overseas Bank | ₹2.80 Cr | Open |
| 04 Oct 2022 | Indian Overseas Bank | ₹8.75 Cr | Open |
| 30 Mar 2010 | Indian Overseas Bank | ₹4.00 Cr | Satisfied |
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.
Deals i
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
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 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.
- Annual General Meeting
Visakha Solvents Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Visakha Solvents Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- 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.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 8.75 Cr with Charge ID 100642410 was registered on 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 10 months .
Recent News, Updates & Announcement
- KKR set to buy controlling stake in Ramky Enviro for $530 million.
KKR will buy shares from the promoter Rami Reddy family and external investors including a private equity firm managed by Standard Chartered and IL&FS. .
Frequently asked questions
What is the Incorporation or founding date of Visakha Solvents Limited?
Visakha Solvents Limited was incorporated on 30 Oct 2008.
What is authorized share capital and paid-up capital of Visakha Solvents Limited?
The authorized share capital of Visakha Solvents Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Visakha Solvents Limited?
Currently 3 directors are associated with Visakha Solvents Limited.
- Sudhakar Reddy Gade
- Surender Reddy Sandadi
- Seri Laxmi Narsimha Reddy
What is the registered address of Visakha Solvents Limited?
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.
What is the corporate identification number (CIN) and company number of Visakha Solvents Limited?
The corporate identification number (CIN) of Visakha Solvents Limited is U74900TG2008PLC061618 and the company number is 061618 as per Ministry of Corporate Affairs (MCA).
What is the official website of Visakha Solvents Limited?
The Official website of Visakha Solvents Limited is https://www.visakhasolvents.com
What has been the recent revenue trend for Visakha Solvents Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Visakha Solvents Limited has risen by 489.29%.
How many employees does Visakha Solvents Limited currently have?
As Per 2023 financial reports, 29 employees are currently employed by Visakha Solvents Limited.
What change has been observed in the net worth of Visakha Solvents Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Visakha Solvents Limited has experienced an upsurge of 15.24%.
What are the total open charges for Visakha Solvents Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Visakha Solvents Limited amount to ₹ 11.55 Cr.
When was the last Balance Sheet of Visakha Solvents Limited filed with the ROC?
The most recent Balance Sheet for Visakha Solvents Limited was filed with the ROC on 31 Mar 2023.
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