Visat Oil-Tech Private Limited

Imports, exports, and trades gases, petroleum products, and by-products.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 04, 2024

Visat Oil-Tech Profile

Key Indicators

  • Authorised Capital ₹ 15.50 Cr
  • Paid Up Capital ₹ 3.17 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth 148.84%
  • Profit Growth 369.28%
  • Ebitda 2405.81%
  • Net Worth 1.14%
  • Total Assets 1.26%

About Visat Oil-Tech

Visat Oil-Tech Private Limited (VOPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 May 1992 and has a history of 32 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Visat Oil-Tech Limited. The Company is engaged in the Chemicals And Materials 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 15.50 Cr and a paid-up capital of Rs 3.17 Cr.

The company has closed loans amounting to ₹1.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jagdish Jassal and Ajitkumar Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U11100GJ1992PTC017561

  • Company No.

    017561

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Visat Oil-Tech?

Board Members (2)

Name Designation Appointment Date Status
Jagdish Jassal Country flag representing In Director 05-Sep-2018 Current
Ajitkumar Shah Country flag representing In Director 31-Dec-2005 Current

Financial Performance of Visat Oil-Tech.

Visat Oil-Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 148.84% increase. The company also saw a substantial improvement in profitability, with a 369.28% increase in profit. The company's net worth moved up by a moderate rise of 1.14%.

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
148.84%
Revenue from Operations
153.89%
Total Assets
1.26%
Profit or Loss
369.28%
Net Worth
1.14%
EBITDA
2405.81%

What is the Ownership and Shareholding Structure of Visat Oil-Tech?

In 2023, Visat Oil-Tech had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.20 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 1.20 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2005 Bank Of Baroda ₹1.20 Cr Satisfied

How Many Employees Work at Visat Oil-Tech?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Visat Oil-Tech, 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 Visat Oil-Tech'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 Visat Oil-Tech

Recent activity within the organization

  • Annual General Meeting

    Visat Oil-Tech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Visat Oil-Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Jagdish Kumar Jassal was appointed as a Director was appointed as a Director on 05 Sep 2018 & has been associated with this company since 6 years 5 months .

    05 Sep 2018

  • Charges

    A charge registered on 04 Oct 2005 via Charge ID 80060747 with Bank Of Baroda was fully satisfied on 30 Aug 2010.

    30 Aug 2010

  • Director Appointment

    Ajitkumar Nagindas Shah was appointed as a Director was appointed as a Director on 31 Dec 2005 & has been associated with this company since 19 years 1 month .

    31 Dec 2005

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1.20 Cr with Charge ID 80060747 was registered on 04 Oct 2005.

    04 Oct 2005

Frequently asked questions

  • Visat Oil-Tech Private Limited was incorporated on 05 May 1992.

  • The authorized share capital of Visat Oil-Tech Private Limited is ₹ 15.50 Cr and paid-up capital is ₹ 3.17 Cr.

  • Currently 2 directors are associated with Visat Oil-Tech Private Limited.

    • Jagdish Kumar Jassal
    • Ajitkumar Nagindas Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Visat Oil-Tech Private Limited is Four Floor 28; Four D Square Motera, Ahmedabad, Gujarat, India, 382424.

  • The corporate identification number (CIN) of Visat Oil-Tech Private Limited is U11100GJ1992PTC017561 and the company number is 017561 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Visat Oil-Tech Private Limited has risen by 148.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Visat Oil-Tech Private Limited has experienced an upsurge of 1.14%.

  • The most recent Balance Sheet for Visat Oil-Tech Private Limited was filed with the ROC on 31 Mar 2023.

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