Visat Tools Private Limited logo

Visat Tools Private Limited

Manufacturer of plastic injection molding tools and parts, sheet metal parts, and provides CAE services.
2012 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 06, 2024
HomeCompanyVisat Tools Private Limited

Who are the key members and board of directors at Visat Tools?

Board Members(2)

NameDesignationAppointment DateStatus
Virupaxappa Somannavar In Director 05-Oct-2012Current
Virupaxappa Nanda In Director 13-Feb-2020Current

Financial Performance of Visat Tools.

Visat Tools Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.02% decrease. The company also saw a substantial improvement in profitability, with a 158.55% increase in profit. The company's net worth Soared by an impressive increase of 630.28%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.02%
Revenue from Operations
-16.02%
Total Assets
-8.05%
Profit or Loss
158.55%
Net Worth
630.28%
EBITDA
249.60%

Charges (Loans)

Open Charges

₹16.95 M

LenderAmountStatus

Canara Bank

Creation Date: 09 Oct 2024
₹2.10 MOpen

Others

Creation Date: 30 Nov 2016
₹5.68 MOpen

Canara Bank

Creation Date: 17 Oct 2013
₹9.17 MOpen

How Many Employees Work at Visat Tools?

Visat Tools has a workforce of 20 employees as of Mar 28, 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.

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Latest Updates, News, and FAQs on Visat Tools

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 2.10 M with Charge ID 100996286 was registered on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Canara Bank of Rs. 9.17 M registered on 17 Oct 2013 with Charge ID 10456101 was modified on 25 Oct 2023.

    25 Oct 2023

  • Annual General Meeting

    Visat Tools Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Visat Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Virupaxappa Somannavar Nanda was appointed as a Director was appointed as a Director on 13 Feb 2020 & has been associated with this company since 4 years 10 months .

    13 Feb 2020

  • Charges

    A charge with Others amounted to Rs. 5.68 M with Charge ID 100096068 was registered on 30 Nov 2016.

    30 Nov 2016

Frequently asked questions

  • Visat Tools Private Limited was incorporated on 05 Oct 2012.

  • The authorized share capital of Visat Tools Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Visat Tools Private Limited.

    • Virupaxappa Mallappa Somannavar
    • Virupaxappa Somannavar Nanda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Visat Tools Private Limited is No.198 12Th Main Road 3Rd Phase Peenya Industrial Area, India, Bengaluru, Karnataka, 560058.

  • The corporate identification number (CIN) of Visat Tools Private Limited is U29253KA2012PTC066190 and the company number is 066190 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Visat Tools Private Limited is https://www.visattools.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Visat Tools Private Limited has fallen by -15.02%.

  • As Per 2022 financial reports, 20 employees are currently employed by Visat Tools Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Visat Tools Private Limited has experienced an upsurge of 630.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Visat Tools Private Limited amount to ₹ 1.70 Cr.

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

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