Visaman Global Sales Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.81 Cr
- Company Age 5 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 55.78 Cr
- Satisfied Charges ₹ 11.45 Cr
- Revenue Growth 16.72%
- Profit Growth 25.18%
- Ebitda 133.88%
- Net Worth 51.33%
- Total Assets -2.13%
About Visaman Global Sales
Visaman Global Sales Limited (VGSL) is a Public Limited Indian Non-Government Company incorporated in India on 27 June 2019 (Five years and eight months 7 days old ). Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Infrastructure 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 15.00 Cr and a paid-up capital of Rs 13.81 Cr.
The company currently has active open charges totaling ₹55.78 Cr. The company has closed loans amounting to ₹11.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Visaman Global Sales Limited India are Ankita Jain as COMPANY SECRETARY and Brijesh Kular as Cfo. Paras Shingala, Mitulkumar Vasa, Avni Vasa, and Three other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24311GJ2019PLC108862
- Company No.
108862
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jun 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Infrastructure
What products or services does Visaman Global Sales Limited offer?
Visaman Global Sales Limited offers a wide range of products and services, including Steel Pipes and Tubes, MS Pipe, Roofing and False ceiling, Roofing Sheets, Brackets, Holder & Hardware Fittings, Metal Channels, Steel Bars, Rods, Plates & Sheets, Steel Plates, Mild Steel Bars, Steel & Stainless Steel Products.
Who are the key members and board of directors at Visaman Global Sales?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mitulkumar Vasa  | Managing Director | 27-Jun-2019 | Current |
| Ankita Jain | Company Secretary | 27-Feb-2021 | Current |
| Brijesh Kular | CFO | 14-Jun-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Paras Shingala | Director | 30-Dec-2020 | Current |
| Avni Vasa | Director | 27-Jun-2019 | Current |
| Bharatkumar Thumar | Director | 30-Dec-2020 | Current |
| Brijesh Kular | Whole-Time Director and Cfo | 05-Jul-2022 | Current |
| Abhishek Rathod | Director | 13-Mar-2024 | Current |
Financial Performance of Visaman Global Sales.
Visaman Global Sales Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.72% increase. The company also saw a substantial improvement in profitability, with a 25.18% increase in profit. The company's net worth Soared by an impressive increase of 51.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Visaman Global Sales?
In 2023, Visaman Global Sales 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)
Visaman Steel Pipe Private LimitedMitulkumar Vasa is a mutual person
Fabtech Cables Private LimitedParas Shingala is a mutual person
- Visaman Infra Projects Private Limited
Mitulkumar Vasa is a mutual person
- Vsg Mart Limited
Mitulkumar Vasa and Brijesh Kular are mutual person
- Visaman Holdings Private Limited
Mitulkumar Vasa and Avni Vasa are mutual person
- Visaman Fintech Private Limited
Mitulkumar Vasa and Brijesh Kular are mutual person
Charges (Loans)
Open Charges
₹55.78 Cr
Satisfied Charges
₹11.45 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 43.78 Cr
- Bank Of India : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2024 | Bank Of India | ₹12.00 Cr | Open |
| 31 Jan 2022 | Axis Bank Limited | ₹43.78 Cr | Open |
| 29 Oct 2021 | Others | ₹5.40 Cr | Satisfied |
| 29 Oct 2021 | Others | ₹1.10 Cr | Satisfied |
| 25 Sep 2019 | Others | ₹4.95 Cr | Satisfied |
How Many Employees Work at Visaman Global Sales?
Visaman Global Sales has a workforce of 19 employees as of Apr 07, 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 Visaman Global Sales, 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 Visaman Global Sales'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 Visaman Global Sales
Recent activity within the organization
- Charges
A charge with Bank Of India amounted to Rs. 12.00 Cr with Charge ID 100922838 was registered on 21 May 2024.
- Director Appointment
Abhishek Ranjitbhai Rathod was appointed as a Director was appointed as a Director on 13 Mar 2024 & has been associated with this company since 11 months 21 days .
- Annual General Meeting
Visaman Global Sales Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 43.78 Cr registered on 31 Jan 2022 with Charge ID 100537749 was modified on 30 May 2023.
- Balance Sheet
Visaman Global Sales Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 25 Sep 2019 via Charge ID 100294645 with Others was fully satisfied on 26 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Visaman Global Sales Limited?
Visaman Global Sales Limited was incorporated on 27 Jun 2019.
What is authorized share capital and paid-up capital of Visaman Global Sales Limited?
The authorized share capital of Visaman Global Sales Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.81 Cr.
Who are the current board members & directors of Visaman Global Sales Limited?
Currently 8 directors are associated with Visaman Global Sales Limited.
- Paras Fulabhai Shingala
- Mitulkumar Sureshchandra Vasa
- Avni Mitulbhai Vasa
- Bharatkumar Maganbhai Thumar
- Brijesh Narendrabhai Kular
- Abhishek Ranjitbhai Rathod
- Ankita Anil Jain
- Brijesh Narendrabhai Kular
What is the registered address of Visaman Global Sales Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Visaman Global Sales Limited is C/O. Jain Traders 8 Sorathiawadi Near Narmada 80 Feet Road, Rajkot, Gujarat, India, 360002.
What is the corporate identification number (CIN) and company number of Visaman Global Sales Limited?
The corporate identification number (CIN) of Visaman Global Sales Limited is U24311GJ2019PLC108862 and the company number is 108862 as per Ministry of Corporate Affairs (MCA).
What is the official website of Visaman Global Sales Limited?
The Official website of Visaman Global Sales Limited is https://www.visamanglobalsales.com
What has been the recent revenue trend for Visaman Global Sales Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Visaman Global Sales Limited has risen by 16.72%.
How many employees does Visaman Global Sales Limited currently have?
As Per 2023 financial reports, 19 employees are currently employed by Visaman Global Sales Limited.
What change has been observed in the net worth of Visaman Global Sales Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Visaman Global Sales Limited has experienced an upsurge of 51.33%.
What are the total open charges for Visaman Global Sales Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Visaman Global Sales Limited amount to ₹ 55.78 Cr.
When was the last Balance Sheet of Visaman Global Sales Limited filed with the ROC?
The most recent Balance Sheet for Visaman Global Sales Limited was filed with the ROC on 31 Mar 2023.
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