Visen Industries Limited

This company manufactures polymer emulsions and trades industrial chemicals for paint, coating, and textile industries.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Visen Industries Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 17.78 Cr
  • Company Age 39 Year, 7 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 seven 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

Chemicals and Materials
Manufacturing

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.

Company report

Visen Industries Limited

Explore comprehensive data for Visen Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Visen Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Vijayasankaran Nair Country flag representing In Managing Director01-Apr-2009Current
Vivek Thakur Country flag representing In CFO01-Nov-2022Current
Binita Gosalia Country flag representing In Company Secretary18-Jan-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Louis Zacharias Country flag representing In Director 30-Mar-2016Current
Cherry Nair Country flag representing In Whole-Time Director 22-Jul-2015Current
Ashok Rao Country flag representing In Director 25-May-2005Current
Rohnit Nair Country flag representing In Director 31-Mar-2021Current

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%.

Visen Industries revenue growth over time
Visen Industries 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
-7.75%
Revenue from Operations
-8.72%
Total Assets
1.62%
Profit or Loss
-70.23%
Net Worth
4.16%
EBITDA
-70.99%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹655.52 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
22 Jun 2023Others₹70.00 CrOpen
11 Nov 2022Hdfc Bank Limited₹10.85 CrOpen
17 Sep 2021Others₹7.71 CrOpen
28 Mar 2018The South Indian Bank Limited₹5.00 CrOpen
05 Oct 2016Others₹11.96 CrOpen

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.

Employee growth trends for Visen Industries Limited

Deals i

Graph showing company valuation over time

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

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 Visen Industries

Recent activity within the organization

  • Charges

    A charge with The South Indian Bank Limited of Rs. 5.00 Cr registered on 28 Mar 2018 with Charge ID 100168454 was modified on 01 Oct 2024.

  • Annual General Meeting

    Visen Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 11.96 Cr registered on 05 Oct 2016 with Charge ID 100076392 was modified on 21 Aug 2024.

  • Balance Sheet

    Visen Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 22 Jun 2023 with Charge ID 100741668 was modified on 18 Nov 2023.

  • Charges

    A charge registered on 29 Nov 2022 via Charge ID 100656296 with State Bank Of India was fully satisfied on 04 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Visen Industries Limited?

    Visen Industries Limited was incorporated on 03 Sep 1985.

  • What is authorized share capital and paid-up capital of Visen Industries Limited?

    The authorized share capital of Visen Industries Limited is ₹ 60.00 Cr and paid-up capital is ₹ 17.78 Cr.

  • Who are the current board members & directors of Visen Industries Limited?

    Currently 7 directors are associated with Visen Industries Limited.

    • Vijayasankaran Anjilikattu Sivaraman Nair
    • Ashok Rao
    • Cherry Vijay Nair
    • Louis Zacharias
    • Rohnit Nair
    • Vivek Thakur
    • Binita Gosalia

  • What is the registered address of Visen Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Visen Industries Limited is 501 Stanford Plot No.554 Junction Of S V Road Juhu Lane, Andher I (W) India, Mumbai, Maharashtra, 400058.

  • What is the corporate identification number (CIN) and company number of Visen Industries Limited?

    The corporate identification number (CIN) of Visen Industries Limited is U24100MH1985PLC037350 and the company number is 037350 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Visen Industries Limited?

    The Official website of Visen Industries Limited is https://www.visen.net

  • What has been the recent revenue trend for Visen Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Visen Industries Limited has fallen by -7.75%.

  • How many employees does Visen Industries Limited currently have?

    As Per 2023 financial reports, 356 employees are currently employed by Visen Industries Limited.

  • What change has been observed in the net worth of Visen Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Visen Industries Limited has experienced an upsurge of 4.16%.

  • What are the total open charges for Visen Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Visen Industries Limited amount to ₹ 655.52 Cr.

  • When was the last Balance Sheet of Visen Industries Limited filed with the ROC?

    The most recent Balance Sheet for Visen Industries Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Paint & Coatings