Visen Industries Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 17.78 Cr
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 655.52 Cr
- Satisfied Charges ₹ 1,513.62 Cr
- Revenue Growth -7.75%
- Profit Growth -70.23%
- Ebitda -70.99%
- Net Worth 4.16%
- Total Assets 1.62%
About Visen Industries
Visen Industries Limited (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 September 1985 and has a history of 39 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Visen Chemicals Private 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 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 17.78 Cr.
The company currently has active open charges totaling ₹655.52 Cr. The company has closed loans amounting to ₹1,513.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Visen Industries Limited India are Vivek Thakur as CFO and Binita Gosalia as Company Secretary. Vijayasankaran Nair, Ashok Rao, Cherry Nair, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24100MH1985PLC037350
- Company No.
037350
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Sep 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Visen Industries Limited offer?
Visen Industries Limited offers a wide range of products and services, including Emulsion Paints, Acrylic Emulsions, Gloves & Mittens, Household Gloves, Adhesives, Glue and Sealants, Adhesive Gum, Styrene Acrylic Emulsion, Color Pigment, Ultramarine Blue Pigments, Prussian Blue.
Who are the key members and board of directors at Visen Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijayasankaran Nair  | Managing Director | 01-Apr-2009 | Current |
| Vivek Thakur | CFO | 01-Nov-2022 | Current |
| Binita Gosalia | Company Secretary | 18-Jan-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Louis Zacharias | Director | 30-Mar-2016 | Current |
| Cherry Nair | Whole-Time Director | 22-Jul-2015 | Current |
| Ashok Rao | Director | 25-May-2005 | Current |
| Rohnit Nair | Director | 31-Mar-2021 | Current |
Financial Performance of Visen Industries.
Visen Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.75% decrease. The company also saw a substantial fall in profitability, with a 70.23% decrease in profit. The company's net worth moved up by a moderate rise of 4.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Visen Industries?
In 2023, Visen Industries had a promoter holding of 64.17% and a public holding of 35.83%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Visen Marketing Private LimitedRohnit Nair is a mutual person
- Ruchirag Investment Pvt Ltd
Rohnit Nair is a mutual person
Small And Medium Scale Emulsion Manufacturers AssociationVijayasankaran Nair is a mutual person
- Federation Of Churchgate Residents
Ashok Rao is a mutual person
Charges (Loans)
₹655.52 Cr
₹1,513.62 Cr
Charges Breakdown by Lending Institutions
- Others : 639.67 Cr
- Hdfc Bank Limited : 10.85 Cr
- The South Indian Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2023 | Others | ₹70.00 Cr | Open |
| 11 Nov 2022 | Hdfc Bank Limited | ₹10.85 Cr | Open |
| 17 Sep 2021 | Others | ₹7.71 Cr | Open |
| 28 Mar 2018 | The South Indian Bank Limited | ₹5.00 Cr | Open |
| 05 Oct 2016 | Others | ₹11.96 Cr | Open |
How Many Employees Work at Visen Industries?
Visen Industries has a workforce of 356 employees as of Apr 09, 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 Visen Industries, 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 Visen Industries'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.
