Visa Pharmaceuticals Private Limited
About Visa Pharmaceuticals Private Limited
Data last updated:
Visa Pharmaceuticals Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 13 April 2010.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24232WB2010PTC145229. Its GSTIN is 03AADCV2481Q1ZY (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹28 Lakh. It is led by directors Ramdeo Ram and Phool Chandra Yadav.
Its last annual general meeting (AGM) was held on 12 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 71 Canning Street 4th Floor A – 402/8 Bagree Market, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2016, the company reported a revenue of ₹98.08 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹84.17 Lakh (net margin 0.9%) and EBITDA of ₹3.01 Cr (EBITDA margin 3.1%).
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹9 Cr on record. Court records list 24 cases involving the company, including 20 filed by the company and 4 filed against it; 13 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.54 Cr; the latest was in March 2016. Its 4 peer companies in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Antex Pharma Private Limited with revenue of ₹98.92 Cr.
Company details
Contact details
Visa Pharmaceuticals Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address71 Canning Street 4th Floor A – 402/8 Bagree Market, Kolkata, West Bengal, India – 700001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Visa Pharmaceuticals 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 Visa Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Visa Pharmaceuticals Private Limited, buy the company report.
Financials of Visa Pharmaceuticals Private Limited
FY 2016 filings availableVisa Pharmaceuticals Private Limited reported revenue of ₹98.08 Cr (up 34% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year. EBITDA rose 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹98.08 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.01 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹84.17 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.1% | |
| Net Profit Margin | 0.9% | |
| 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 Pharmaceuticals Private Limited, buy the company report.
Board of directors of Visa Pharmaceuticals Private Limited
Visa Pharmaceuticals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramdeo Ram | Director | 16 Dec 2019 | 6 Years 10 Months | As last reported |
| Phool Chandra Yadav | Director | 16 Dec 2019 | 6 Years 10 Months | As last reported |
Peer comparison
Visa Pharmaceuticals Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Antex Pharma Private Limited | ₹98.92 Cr (FY 2024) | 23.0% | Delhi, India | |||
| Visa Pharmaceuticals Private Limitedthis company | ₹98.08 Cr (FY 2016) | ₹84.17 Lakh | 0.9% | 34.0% | Kolkata, West Bengal, India | |
| Inspira Bio-Pharm Private Limited | ₹97.29 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Vea Impex (I) Private Limited | ₹96.93 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Medico Intercontinental Limited | ₹96.37 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Visa Pharmaceuticals Private Limited, buy the company report.
Shareholding
The shareholding of Visa Pharmaceuticals Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Visa Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2014 | 10520005 | Syndicate Bank | ₹16 Cr | Open | |
| 22 Aug 2011 | 10303434 | State Bank of India | ₹9 Cr | Satisfied |
To see the full charge records of Visa Pharmaceuticals Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Visa Pharmaceuticals Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.54 Cr; the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vdk Reality Private Limited, MSB Properties Private Limited , Alka Properties Private Limited , an individual |
| Mar 2014 | Funding round | ₹54 Lakh | Investors: MSB Properties Private Limited , Alka Properties Private Limited , 2 individuals |
| Mar 2012 | Funding round | ₹1 Cr | Investors: Gayatri Generics Private Limited , Conceptual Biosciences Private Limited , Gayatri Drugs Private Limited |
| Jul 2010 | Funding round | ₹3 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Visa Pharmaceuticals Private Limited has 24 court cases on record: 20 filed by Visa Pharmaceuticals, 4 filed against it. 13 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 0 | 13 |
| NCLT | 4 | 4 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Appeal | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Visa Pharmaceuticals 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 Visa Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visa Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCV2481Q1ZY | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Visa Pharmaceuticals Private Limited, buy the company report.
Recent activity
Visa Pharmaceuticals Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Phool Chandra Yadav was appointed as Director on 16 Dec 2019.
2 earlier events are in the company report.
Frequently asked questions
Visa Pharmaceuticals is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Visa Pharmaceuticals is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 13 April 2010 and is registered under CIN U24232WB2010PTC145229. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Visa Pharmaceuticals has 2 current directors:
- Ramdeo Ram - Director
- Phool Chandra Yadav - Director
The latest financial statements of Visa Pharmaceuticals on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 12 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visa Pharmaceuticals is U24232WB2010PTC145229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Pharmaceuticals has open charges of ₹16 Cr and satisfied charges of ₹9 Cr as per latest MCA filings.
Visa Pharmaceuticals has 24 court cases on record: 20 filed by the company and 4 filed against it. 13 are pending. Most are in the district courts.
Visa Pharmaceuticals was incorporated on 13 April 2010. It is registered with the Registrar of Companies, Kolkata.
Visa Pharmaceuticals has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.54 Cr; the latest was in March 2016.
The peers of Visa Pharmaceuticals by revenue are Antex Pharma Private Limited, Inspira Bio-Pharm Private Limited, Vea Impex (I) Private Limited, Medico Intercontinental Limited, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Phool Chandra Yadav was appointed as Director on 16 Dec 2019. Pragya Balasaria ceased to be Director on 16 Dec 2019. Raghu Raghav Balasaria ceased to be Director on 16 Dec 2019. Visa Pharmaceuticals has 7 board changes on record in total.
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