About Visa Ecotech Limited
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Visa Ecotech Limited was a public limited company based in Navi Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 08 June 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PLC203881. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Visa Ecotechnologies Private Limited. It was led by directors including Mannan Goel and Bhupinder Goel.
Its last annual general meeting (AGM) was held on 26 May 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at W – 223 MIDC Ttc Industrial Area Khairne Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.6 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Lakh (net margin 31.8%) and EBITDA of ₹1.02 Lakh (EBITDA margin 28.4%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
As per MCA filings, the company had satisfied charges of ₹16.84 Cr on record.
The last known website on record is visaecotech.com.
Company details
CIN history
Visa Ecotech has one previous CIN (Corporate Identification Number): U74990MH2010PTC203881. The current CIN is U74990MH2010PLC203881, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74990MH2010PLC203881 | Current |
| U74990MH2010PTC203881 | Previous |
Contact details
Visa Ecotech Limited's registered office is in Navi Mumbai, Maharashtra. Its website is visaecotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressW – 223 MIDC Ttc Industrial Area Khairne Navi Mumbai, Maharashtra, India – 400705
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Visa Ecotech 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
Financials of Visa Ecotech Limited
FY 2018 filings availableVisa Ecotech Limited reported revenue of ₹3.6 Lakh (up 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 74%. EBITDA rose 105% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.6 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.02 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.14 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 28.4% | |||
| Net Profit Margin | 31.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Visa Ecotech Limited, buy the company report.
Board of directors of Visa Ecotech Limited
Visa Ecotech 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 |
|---|---|---|---|---|
| Mannan Goel Also directs: Amg Multibusiness Solutions LLP, HMM Infra Limited | Director | 08 Jun 2010 | 16 Years 4 Months | As last reported |
| Bhupinder Goel | Director | 08 Jun 2010 | 16 Years 4 Months | As last reported |
| Bhavana Satinder Aggarwal | Director | 08 Jun 2010 | 16 Years 4 Months | As last reported |
Peer comparison
Visa Ecotech Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power, Thermal Power Plants), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megagrid Private Limited | ₹3.75 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Ampin Energy Green Eight Private Limited | ₹3.73 Lakh (FY 2025) | Delhi, India | ||||
| Popular Energy Projects Private Limited | ₹3.66 Lakh (FY 2024) | -56.0% | Rajkot, Gujarat, India | |||
| Nila Aathithan Solar Power Private Limited | ₹3.63 Lakh (FY 2015) | Chennai, Tamil Nadu, India | ||||
| Pinshar Ventures Private Limited | ₹3.62 Lakh (FY 2025) | Narsinghpur Ho, Madhya Pradesh, India | ||||
| Visa Ecotech Limitedthis company | ₹3.6 Lakh (FY 2018) | ₹1.14 Lakh | 31.8% | 9.0% | Navi Mumbai, Maharashtra, India | |
| Truere Energy Private Limited | ₹3.57 Lakh (FY 2025) | Bishrakh, Uttar Pradesh, India | ||||
| Finolex Infrastructure Private Limited | ₹3.5 Lakh (FY 2025) | -6.0% | Pune, Maharashtra, India | |||
| Wave Solar Systems Private Limited | ₹3.48 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| U-We and Sun Private Limited | ₹3.45 Lakh (FY 2024) | Kalyannagar, Karnataka, India | ||||
| Penta Solar Power Private Limited | ₹3.44 Lakh (FY 2024) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Visa Ecotech Limited, buy the company report.
Auditor
Visa Ecotech Limited is audited by R DEVARAJAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R DEVARAJAN & CO | FY 2018 | 102415W |
Shareholding
The shareholding of Visa Ecotech Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Visa Ecotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2015 | 10551818 | Oriental Bank of Commerce | ₹7 Cr | Satisfied | |
| 23 Aug 2013 | 10449291 | Oriental Bank of Commerce | ₹19.5 Lakh | Satisfied | |
| 10 Nov 2012 | 10389934 | Oriental Bank of Commerce | ₹9.64 Cr | Satisfied |
To see the full charge records of Visa Ecotech Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Visa Ecotech Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Visa Ecotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visa Ecotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Visa Ecotech Limited, buy the company report.
Recent activity
Visa Ecotech Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Satinder Baldevraj Aggarwal ceased to be Director on 26 May 2018.
2 earlier events are in the company report.
Frequently asked questions
Visa Ecotech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Visa Ecotech was a public limited company based in Navi Mumbai, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 08 June 2010 and is registered under CIN U74990MH2010PLC203881. The company has been struck off by the Registrar of Companies and is no longer operational.
Visa Ecotech had 3 directors:
- Mannan Goel - Director
- Bhupinder Goel - Director
- Bhavana Satinder Aggarwal - Director
The CIN (Corporate Identification Number) of Visa Ecotech is U74990MH2010PLC203881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Visa Ecotech is at W – 223 MIDC Ttc Industrial Area Khairne Navi Mumbai, Maharashtra, India – 400705.
Visa Ecotech was incorporated on 08 June 2010. It is registered with the Registrar of Companies, Mumbai.
Visa Ecotech can be reached through the website visaecotech.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of Visa Ecotech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 May 2018. Year-wise statements from 2015 are in the company report.
No. Visa Ecotech has 1 GST registration on record and it is cancelled or inactive.
Visa Ecotech operated in the environment industry, in the solar energy solutions segment. It worked in this industry before it was struck off.
The peers of Visa Ecotech by revenue are Megagrid Private Limited, Ampin Energy Green Eight Private Limited, Popular Energy Projects Private Limited, Nila Aathithan Solar Power Private Limited, Pinshar Ventures Private Limited and 5 more, all in the Cleantech industry (Solar Power, Thermal Power Plants).