Vistaar Financial Services Private Limited

NBFC providing small business loans in rural and semi-urban areas through 220 branches in 14 states.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Vistaar Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 82.27 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5,736.28 Cr
  • Satisfied Charges ₹ 2,320.03 Cr
  • Revenue Growth 24.29%
  • Profit Growth 34.84%
  • Ebitda 31.14%
  • Net Worth 12.77%
  • Total Assets 20.90%

About Vistaar Financial Services

Vistaar Financial Services Private Limited (VFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 September 1991 and has a history of 33 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Vistaar Livelihood Financial Services Private Limited. The Company is engaged in the Financial Services 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 110.00 Cr and a paid-up capital of Rs 82.27 Cr.

The company currently has active open charges totaling ₹5,736.28 Cr. The company has closed loans amounting to ₹2,320.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vistaar Financial Services Private Limited India are Shivani Agarwal as Company Secretary, Prashant Kani as Cfo, and Avijit Saha as Ceo. Chandrashekhar Bhave, James Abraham, Avijit Saha, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120KA1991PTC059126

  • Company No.

    059126

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Vistaar Financial Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Avijit Saha Country flag representing In Managing Director23-Sep-2023Current
Shivani Agarwal Company Secretary09-Aug-2023Current
Prashant Kani CFO10-Nov-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Narendra Ostawal Country flag representing In Nominee Director 19-May-2023Current
Manju Agarwal Country flag representing In Director 24-Jan-2019Current
James Abraham Country flag representing Ca Director 29-May-2015Current
Chandrashekhar Bhave Country flag representing In Director 17-Nov-2016Current
Hemant Mundra Country flag representing In Nominee Director 19-May-2023Current

Financial Performance of Vistaar Financial Services.

Vistaar Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.29% increase. The company also saw a substantial improvement in profitability, with a 34.84% increase in profit. The company's net worth Soared by an impressive increase of 12.77%.

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
24.29%
Revenue from Operations
24.31%
Total Assets
20.90%
Profit or Loss
34.84%
Net Worth
12.77%
EBITDA
31.14%

What is the Ownership and Shareholding Structure of Vistaar Financial Services?

In 2023, Vistaar Financial Services had a promoter holding of 74.54% and a public holding of 25.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,736.28 Cr

Satisfied Charges

₹2,320.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 4316.01 Cr
  • Axis Bank Limited : 318.00 Cr
  • Indian Bank : 250.00 Cr
  • Sbicap Trustee Company Limited : 200.00 Cr
  • Yes Bank Limited : 152.00 Cr
  • Others : 500.27 Cr

Latest Charge Details

DateLenderAmountStatus
22 Oct 2024Others₹100.00 CrOpen
01 Oct 2024Others₹50.00 CrOpen
31 Aug 2024Indian Bank₹50.00 CrOpen
30 Aug 2024Others₹100.00 CrOpen
28 Aug 2024Others₹60.00 CrOpen

How Many Employees Work at Vistaar Financial Services?

Vistaar Financial Services has a workforce of 2746 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vistaar Financial Services, 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 Vistaar Financial Services'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 Vistaar Financial Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100999156 was registered on 22 Oct 2024.

    22 Oct 2024

  • Charges

    A charge with Others of Rs. 417.55 Cr registered on 08 May 2024 with Charge ID 100912698 was modified on 10 Oct 2024.

    10 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100991550 was registered on 01 Oct 2024.

    01 Oct 2024

  • Charges

    A charge with Others of Rs. 244.70 Cr registered on 18 May 2016 with Charge ID 100030369 was modified on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Vistaar Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 50.00 Cr with Charge ID 100973206 was registered on 31 Aug 2024.

    31 Aug 2024

Frequently asked questions

  • Vistaar Financial Services Private Limited was incorporated on 04 Sep 1991.

  • The authorized share capital of Vistaar Financial Services Private Limited is ₹ 110.00 Cr and paid-up capital is ₹ 82.27 Cr.

  • Currently 9 directors are associated with Vistaar Financial Services Private Limited.

    • Chandrashekhar Bhaskar Bhave
    • James Varghese Abraham
    • Avijit Churamoni Saha
    • Narendra Ostawal
    • Manju Agarwal
    • Hemant Omprakash Mundra
    • Shivani Agarwal
    • Prashant Kani
    • Avijit Churamoni Saha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vistaar Financial Services Private Limited is Plot No 59 60 - 23 22Nd Cross 29Th Main Btm Layout, 2Nd Stage India, Bengaluru, Karnataka, 560076.

  • The corporate identification number (CIN) of Vistaar Financial Services Private Limited is U67120KA1991PTC059126 and the company number is 059126 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vistaar Financial Services Private Limited is https://www.vistaarfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vistaar Financial Services Private Limited has risen by 24.29%.

  • As Per 2023 financial reports, 2746 employees are currently employed by Vistaar Financial Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vistaar Financial Services Private Limited has experienced an upsurge of 12.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vistaar Financial Services Private Limited amount to ₹ 5,736.28 Cr.

  • The most recent Balance Sheet for Vistaar Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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