About Visa Engineering Products (India) Private Limited
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Visa Engineering Products (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 12 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22203MH2008PTC281477. Its GSTIN is 27AAECV3957A1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rangnath Shivnarayan Bang and Krishnakumar Ramkumar Bang.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 308 3rd Floor Kewal Indl. Estate S.B. Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹76.42 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Cr (net margin 6.7%) and EBITDA of ₹8.6 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 34% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.13 Cr and satisfied charges of ₹10.9 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2022. Its 10 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Harra Polytech Private Limited with revenue of ₹105.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bangdataforms.com.
Company details
CIN history
Visa Engineering Products (India) has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U22203MH2008PTC281477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22203MH2008PTC281477 | Current |
| U74210TG2008PTC058127 | Previous |
| U74210MH2008PTC281477 | Previous |
| U74210AP2008PTC058127 | Previous |
Contact details
Visa Engineering Products (India) Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address308 3rd Floor Kewal Indl. Estate S.B. Marg Lower Parel West, Mumbai, Maharashtra, India – 400013
- IndustryPackaging, Woven Packaging Products
- 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 Engineering Products (India) Private Limited
FY 2025 filings availableVisa Engineering Products (India) Private Limited reported revenue of ₹76.42 Cr (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 49% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹76.42 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Visa Engineering Products (India) Private Limited, buy the company report.
Board of directors of Visa Engineering Products (India) Private Limited
Visa Engineering Products (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangnath Shivnarayan Bang Also directs: Supreme Polyweave Private Limited | Director | 10 Mar 2015 | 11 Years 7 Months | Current |
| Vasudev Rangnath Bang Also directs: Kamalswastika Infrastructure LLP, Bang Data Forms Pvt Ltd, Bang Technotex Private Limited and 2 more | Additional Director | 02 Mar 2017 | 9 Years 7 Months | Current |
| Krishnakumar Ramkumar Bang | Director | 24 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Visa Engineering Products (India) Private Limited is compared with the 10 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harra Polytech Private Limited | ₹105.54 Cr (FY 2025) | -2.0% | Kadi, Gujarat, India | |||
| Bhagirathi Packaging Pvt Ltd | ₹101.44 Cr (FY 2022) | 27.0% | Kolkata, West Bengal, India | |||
| Mantram Technofab Private Limited | ₹98.11 Cr (FY 2024) | 6.0% | Dhar, Madhya Pradesh, India | |||
| Shree Gouri Shankar Jute Mills Ltd | ₹97.07 Cr (FY 2025) | -14.0% | Shyam Nagar, West Bengal, India | |||
| Sidharth Polysacks Private Limited | ₹97.06 Cr (FY 2025) | 6.0% | Tonk, Rajasthan, India | |||
| Kalyaneswari Udyog Private Limited | ₹96.54 Cr (FY 2024) | 31.0% | Kolkata, West Bengal, India | |||
| Topsack Packaging Private Limited | ₹96.25 Cr (FY 2025) | 38.0% | Bangalore, Karnataka, India | |||
| Moneypackers India Private Limited | ₹95.96 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India | |||
| Slogans Fibc Private Limited | ₹95.03 Cr (FY 2025) | 42.0% | Jivapar, Gujarat, India | |||
| Mithila Packtech Private Limited | ₹94.54 Cr (FY 2025) | 9.0% | Siwan, Bihar, India | |||
| Visa Engineering Products (India) Private Limitedthis company | ₹76.42 Cr (FY 2023) | ₹5.1 Cr | 6.7% | -24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Visa Engineering Products (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101193616 | Others | ₹8.5 Cr | Open | |
| 21 Sep 2020 | 100433126 | Others | ₹6.63 Cr | Open | |
| 14 Oct 2019 | 100299603 | Yes Bank Limited | ₹3.6 Cr | Satisfied | |
| 27 Dec 2016 | 100094314 | Yes Bank Limited | ₹7.3 Cr | Satisfied |
To see the full charge records of Visa Engineering Products (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Visa Engineering Products (India) Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Visa Engineering Products (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Visa Engineering Products (India) Private Limited was last rated by Crisil on 20 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Aug 2020 |
To see the full credit ratings and regulatory alerts of Visa Engineering Products (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Visa Engineering Products (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visa Engineering Products (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV3957A1ZD | Maharashtra | Active | 01 Jul 2017 |
| 26AAECV3957A1ZF | Daman & Diu | Active | 07 Nov 2024 |
To see the full GST registrations and return filing status of Visa Engineering Products (India) Private Limited, buy the company report.
Recent activity
Visa Engineering Products (India) Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Varadraj Rangnath Bang ceased to be Additional Director on 31 Mar 2020.
7 earlier events are in the company report.
Frequently asked questions
Visa Engineering Products (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 12 March 2008 (18+ years old) and is registered under CIN U22203MH2008PTC281477.
Visa Engineering Products (India) has 3 current directors:
- Rangnath Shivnarayan Bang - Director
- Vasudev Rangnath Bang - Additional Director
- Krishnakumar Ramkumar Bang - Director
The latest financial statements of Visa Engineering Products (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Visa Engineering Products (India) is 27AAECV3957A1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AAECV3957A1ZF (Daman & Diu).
The CIN (Corporate Identification Number) of Visa Engineering Products (India) is U22203MH2008PTC281477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Engineering Products (India) was incorporated on 12 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Visa Engineering Products (India) has 3 deals on record (3 secondary share transfers); the latest was in March 2022.
The peers of Visa Engineering Products (India) by revenue are Harra Polytech Private Limited, Bhagirathi Packaging Pvt Ltd, Mantram Technofab Private Limited, Shree Gouri Shankar Jute Mills Ltd, Sidharth Polysacks Private Limited and 5 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Varadraj Rangnath Bang ceased to be Additional Director on 31 Mar 2020. Amit Chaturvedi Mahendranath ceased to be Director on 24 Jul 2017. Vasudev Rangnath Bang was appointed as Additional Director on 02 Mar 2017. Visa Engineering Products (India) has 8 board changes on record in total.
Visa Engineering Products (India) can be reached through the website bangdataforms.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Visa Engineering Products (India) is at 308 3rd Floor Kewal Indl. Estate S.B. Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.