About Vishal Structurals Private Limited
Data last updated:
Vishal Structurals Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 21 June 1983.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1983PTC030252. Its GSTIN is 08AAACV1486A1ZL (Rajasthan). The company holds 16 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Kishore Krishnamoorthy (Managing Director) and Madampimadom Neelakantaiyer Krishnamoorthy (Managing Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sector 24, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹79.76 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 2.3%) and EBITDA of ₹10.53 Cr (EBITDA margin 13.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹123.58 Cr and satisfied charges of ₹32.44 Cr on record. Court records list 57 cases involving the company, including 12 filed by the company and 45 filed against it; 18 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in June 2008.
The last known website on record is vishaltanks.com.
Company details
Contact details
Vishal Structurals Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is vishaltanks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 701 – 706 7th Floor Krishna – Govinda Tower Plot No.22 – 26 Sector 24 Vashi Opp.Sanpa, Da Rly.Stn, Navi Mumbai, Maharashtra, India – 400705
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Vishal Structurals Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vishal Structurals is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Vishal Structurals Private Limited, buy the company report.
Financials of Vishal Structurals Private Limited
FY 2020 filings availableVishal Structurals Private Limited reported revenue of ₹79.76 Cr (up 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Revenue | ₹79.76 Cr | ||||
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| EBITDA | ₹10.53 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Vishal Structurals Private Limited, buy the company report.
Board of directors of Vishal Structurals Private Limited
Vishal Structurals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Jain | Irp/Rp/Liquidator | 28 Mar 2025 | 1 Years 6 Months | As last reported |
| Kishore Krishnamoorthy | Managing Director | 24 May 1993 | 33 Years 5 Months | As last reported |
| Madampimadom Neelakantaiyer Krishnamoorthy Also directs: Vishal Tanks and Pipelines Pvt Ltd | Managing Director | 21 Jun 1983 | 43 Years 4 Months | As last reported |
Auditor
Vishal Structurals Private Limited is audited by V. A. MISHRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. A. MISHRA & ASSOCIATES | FY 2020 | 40896 |
Shareholding
The shareholding of Vishal Structurals Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vishal Structurals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2021 | 100503056 | Bank of India | ₹2.55 Cr | Open | |
| 23 Aug 2021 | 100475377 | Bank of India | ₹6 Cr | Open | |
| 14 Aug 2020 | 100504611 | Bank of India | ₹5.1 Cr | Open | |
| 14 Aug 2020 | 100408985 | Bank of India | ₹5.1 Cr | Open | |
| 04 Jan 2020 | 100329167 | Bank of India | ₹1.25 Cr | Open |
To see the full charge records of Vishal Structurals Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Vishal Structurals Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in June 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2008 | Funding round | ₹25 Lakh | Investors: 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vishal Tanks and Pipelines Pvt Ltd , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vishal Structurals Private Limited has 57 court cases on record: 12 filed by Vishal Structurals, 45 filed against it. 18 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 24 | 10 |
| High courts | 24 | 14 | 2 |
| NCLAT | 6 | 6 | 6 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Adavya Projects Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Adavya Projects Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Bygging Infrastructure Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Shah Brothers Ispat Pvt.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Ms Shiv Aum Steels Ltd | Pending |
To see the full case history of Vishal Structurals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vishal Structurals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vishal Structurals has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vishal Tanks and Pipelines Pvt Ltd | U29120MH1981PTC025440 |
To see the full group structure of Vishal Structurals Private Limited, buy the company report.
Employees & EPFO
Vishal Structurals Private Limited has a workforce of 4 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Vishal Structurals has 16 GST registrations: 9 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV1486A1ZL | Rajasthan | Active | 01 Jul 2017 |
| 18AAACV1486A2ZJ | Assam | Active | 01 Jul 2017 |
| 21AAACV1486A1ZX | Odisha | Active | 01 Jul 2017 |
| 22AAACV1486A1ZV | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Structurals Private Limited, buy the company report.
Recent activity
Vishal Structurals Private Limited has 5 board changes on record since 1983: 3 appointments and 2 cessations. The latest: Prashant Jain was appointed as Irp/Rp/Liquidator on 28 Mar 2025.
37 earlier events are in the company report.
Frequently asked questions
Vishal Structurals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vishal Structurals is a company under insolvency, formerly operating as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 21 June 1983 and is registered under CIN U28920MH1983PTC030252. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vishal Structurals has 3 current directors:
- Kishore Krishnamoorthy - Managing Director
- Madampimadom Neelakantaiyer Krishnamoorthy - Managing Director
- Prashant Jain - Irp/Rp/Liquidator
The latest financial statements of Vishal Structurals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vishal Structurals is U28920MH1983PTC030252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishal Structurals has open charges of ₹123.58 Cr and satisfied charges of ₹32.44 Cr as per latest MCA filings.
Vishal Structurals has 57 court cases on record: 12 filed by the company and 45 filed against it. 18 are pending. Most are in the district courts.
Vishal Structurals was incorporated on 21 June 1983. It is registered with the Registrar of Companies, Mumbai.
Vishal Structurals has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in June 2008.
Prashant Jain was appointed as Irp/Rp/Liquidator on 28 Mar 2025. Kishore Krishnamoorthy ceased to be Director on 01 Feb 2011. Madampimadom Neelakantaiyer Krishnamoorthy ceased to be Director on 01 Feb 2011. Vishal Structurals has 5 board changes on record in total.