About Visa Resources India Limited
Data last updated:
Visa Resources India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Visa Energy Ventures Limited. 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 materials retail and distribution segment of the metals and mining sector. It was incorporated on 09 August 2006.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52110WB2006PLC111091. Its GSTIN is 19AACCV3366R1ZI (West Bengal). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹119.5 Cr and a paid-up capital of ₹119.35 Cr. It was formerly known as Visa Comtrade Limited. It is led by directors including Kapilendra Swain (Irp/Rp/Liquidator) and Tarun Kumar Chakraborty.
Its last annual general meeting (AGM) was held on 26 April 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 5B Express Tower 42A Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.2 Lakh. For the same year it recorded a net loss of ₹5.8 Lakh (net margin -483.3%) and EBITDA of -₹5.8 Lakh (EBITDA margin -483.3%). Revenue has declined at a compounded annual rate (CAGR) of 62% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹756 Cr and satisfied charges of ₹441.87 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it.
The last known website on record is visa-group.com.
Company details
Contact details
Visa Resources India Limited's registered office is in Kolkata, West Bengal. Its website is visa-group.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address5B Express Tower 42A Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Visa Resources India 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 Resources India Limited
FY 2022 filings availableVisa Resources India Limited reported revenue of ₹1.2 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. EBITDA fell 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.8 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹5.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -483.3% | ||||
| Net Profit Margin | -483.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Visa Resources India Limited, buy the company report.
Board of directors of Visa Resources India Limited
Visa Resources India has 5 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapilendra Swain Also directs: Mabally Nexus Private Limited | Irp/Rp/Liquidator | 06 Apr 2023 | 3 Years 6 Months | As last reported |
| Tarun Kumar Chakraborty | Additional Director | 25 Apr 2025 | 1 Years 6 Months | As last reported |
| Subrata Das Also directs: Piyush Cultivation Pvt Ltd, Mukti Shelters Private Limited, Cozy Enclave Private Limited and 5 more | Additional Director | 14 Jul 2025 | 1 Years 3 Months | As last reported |
| Jitendra Patnaik | Additional Director | 25 Apr 2025 | 1 Years 6 Months | As last reported |
| Surendra Nath Ojha Also directs: Piyush Cultivation Pvt Ltd, Goodwin Realtors Private Limited, Mukti Shelters Private Limited and 5 more | Additional Director | 14 Jul 2025 | 1 Years 3 Months | As last reported |
Peer comparison
Visa Resources India Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nangia Plastocraft Private Limited | ₹1.24 Lakh (FY 2021) | New Delhi, Delhi, India | ||||
| Chandra Foods & Beverage Private Limited | ₹1.22 Lakh (FY 2025) | -92.0% | Kolkata, West Bengal, India | |||
| Monozook Works Private Limited | ₹1.22 Lakh (FY 2024) | -41.0% | Gokhale Rd, Goregaon East, Maharashtra, India | |||
| Vansh Glass Industries Private Limited | ₹1.2 Lakh (FY 2025) | -65.0% | Ahmedabad, Gujarat, India | |||
| Asian New Age Publishers Private Limited | ₹1.2 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Visa Resources India Limitedthis company | ₹1.2 Lakh (FY 2025) | -₹5.8 Lakh | -483.3% | 1 | Kolkata, West Bengal, India | |
| Imperare Impex Private Limited | ₹1.19 Lakh (FY 2025) | -98.0% | Ahmedabad, Gujarat, India | |||
| Rajakumari Total Shopping Private Limited | ₹1.17 Lakh (FY 2025) | Thiruvananthapuram, Kerala, India | ||||
| Shanti Steels Private Limited | ₹1.16 Lakh (FY 2025) | -56.0% | Delhi, India | |||
| Maa Netula Parks Private Limited | ₹1.16 Lakh (FY 2025) | 1.0% | Dhanbad, Jharkhand, India | |||
| Sujaam Promoters Private Limited | ₹1.15 Lakh (FY 2021) | Ludhiana, Punjab, India |
To see the full peer comparison of Visa Resources India Limited, buy the company report.
Auditor
Visa Resources India Limited is audited by J S U S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S U S & ASSOCIATES | FY 2021 | 329784E |
Shareholding
The shareholding of Visa Resources India Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Visa Resources India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2010 | 10243356 | Icici Bank Limited | ₹45 Cr | Open | |
| 08 Jun 2010 | 10224372 | Indian Overseas Bank | ₹20 Cr | Open | |
| 07 Sep 2007 | 10070253 | Punjab National Bank (The Lead Bank) | ₹691 Cr | Open | |
| 13 Jul 2010 | 10235502 | Bank of India | ₹6 Cr | Satisfied | |
| 10 May 2010 | 10227156 | Indusind Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Visa Resources India Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Visa Resources India Limited has 7 court cases on record: 2 filed by Visa Resources India, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Twenty First Century Wire Rods Ltd. Ors and 7 others | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Punjab National Bank | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Anil Goel. Liquidator, Visa Power Ltd. | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Transport Commissioner-Cum-Chairman and 1 other | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Union of India | Disposed |
To see the full case history of Visa Resources India 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 Resources India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Visa Resources India Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Visa Resources India has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCV3366R1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Visa Resources India Limited, buy the company report.
Recent activity
Visa Resources India Limited has 31 board changes on record since 2007: 5 appointments and 26 cessations. The latest: Madhuri Pandey ceased to be Additional Director on 14 Jul 2025.
56 earlier events are in the company report.
Frequently asked questions
Visa Resources India 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 Resources India is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 August 2006 and is registered under CIN U52110WB2006PLC111091. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Visa Resources India has 5 current directors:
- Tarun Kumar Chakraborty - Additional Director
- Subrata Das - Additional Director
- Jitendra Patnaik - Additional Director
- Surendra Nath Ojha - Additional Director
- Kapilendra Swain - Irp/Rp/Liquidator
The latest financial statements of Visa Resources India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 April 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visa Resources India is U52110WB2006PLC111091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Resources India has open charges of ₹756 Cr and satisfied charges of ₹441.87 Cr as per latest MCA filings.
Visa Resources India has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the high courts.
Visa Resources India was incorporated on 09 August 2006. It is registered with the Registrar of Companies, Kolkata.
The peers of Visa Resources India by revenue are Nangia Plastocraft Private Limited, Chandra Foods & Beverage Private Limited, Monozook Works Private Limited, Vansh Glass Industries Private Limited, Asian New Age Publishers Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Madhuri Pandey ceased to be Additional Director on 14 Jul 2025. Subrata Das was appointed as Additional Director on 14 Jul 2025. Surendra Nath Ojha was appointed as Additional Director on 14 Jul 2025. Visa Resources India has 31 board changes on record in total.
Visa Resources India can be reached through the website visa-group.com. Its registered office is in Kolkata, West Bengal, India.