Visa Steel Limited - Company Profile

Q: Who are the current directors of Visa Steel Limited?

The current directors of Visa Steel Limited are Surinder Kumar Singhal, Amisha Chaturvedi Khanna, Ritu Bajaj, Vishambhar Saran, Biswajit Chongdar, Manoj Kumar, Amisha Chaturvedi, Dhanesh Ranjan, Vishal Agarwal.

It is a metals and minerals public limited company based in Khorda, Odisha, India, established in 1996.

1996 Khorda, Odisha, India Under Cirp

Last Updated: July 30, 2025

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About Visa Steel Limited

Visa Steel Limited, a under cirp public limited company, was established on 10 September 1996 in Khorda, Odisha, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L51109OR1996PLC004601. Registered under ROC Roc Cuttack. it is listed on BSE: 532721 and NSE: VISASTEEL. It has an authorized capital of ₹252.00 Cr and a paid-up capital of ₹115.79 Cr.

Formerly known as Visa Industries Limited. It upholds a compliant status. Employing 335 professional, Its leadership includes Amisha Chaturvedi Khanna (Company Secretary), Ritu Bajaj (Director), Vishambhar Saran (Whole-Time Director). Past directors included Rupanjana De, Pradip Kumar Khaitan, Debi Prasad Bagchi. It holds ₹16,191.73 Cr open charges and ₹2,349.23 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at 11 Ekamra Kanan, Nayapalli India, Bhubaneswar, Orissa, 751015.

Company Details

CIN/LLPIN
L51109OR1996PLC004601
Registration Number
004601
Incorporation Date
10 September 1996
Authorized Capital
₹252.00 Cr
Paid-Up Capital
₹115.79 Cr
ROC Code
Roc Cuttack
Listing Status
Listed (BSE: 532721, NSE: VISASTEEL)
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 252.00 Cr as on 30-07-2025
Paid Up Capital ₹ 115.79 Cr as on 30-07-2025
Company Age 29 Year, 5 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 16,191.73 Cr as on 30-07-2025
Satisfied Charges ₹ 2,349.23 Cr as on 30-07-2025
Revenue Growth **** -27.62% (FY 2023)
Profit Growth **** -782.09% (FY 2023)
Ebitda **** -54.04% (FY 2023)
Net Worth -149.96% (FY 2023)
Total Assets -28.38% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Visa Steel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Visa Steel Limited?

Current Directors

Name	Designation	Appointment Date	Status
Amisha Chaturvedi Khanna	Company Secretary	10 Feb 2021	Current
Ritu Bajaj	Director	24 Aug 2023	Current
Vishambhar Saran	Whole-Time Director	10 Sep 1996	Current
Biswajit Chongdar	Director	07 Aug 2023	Current
Manoj Kumar	Whole-Time Director	15 Sep 2015	Current
Dhanesh Ranjan	Director	30 Sep 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	14 Dec 2017	Past
Pramod Abcsdd	Director	29 May 2014	Past
Pramod Abcsdd	Director	21 Apr 2017	Past
Pramod Abcsdd	Director	17 Aug 2010	Past
Pramod Abcsdd	Cfo(Kmp)	31 Dec 2019	Past
Pramod Abcsdd	Additional Director	01 Mar 2014	Past

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Financial Performance of Visa Steel.

Visa Steel Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.62% decrease. The company also saw a substantial fall in profitability, with a 782.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 149.96%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-27.62%

*******

Revenue from Operations

*******

-27.72%

*******

Total Assets

*******

-28.38%

*******

Profit or Loss

*******

-782.09%

*******

Net Worth

*******

-149.96%

*******

EBITDA

*******

-54.04%

*******

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What is the Ownership and Shareholding Structure of Visa Steel?

In 2023, Visa Steel had a promoter holding of 43.33% and a public holding of 56.67%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹161,917,339,302.63

Satisfied Charges

₹23,492,335,800.92

Charges Breakdown by Lending Institutions

Others : 16089.78 Cr
Vijaya Bank : 46.22 Cr
Srei Equipment Finance Private Limited : 19.93 Cr
Uco Bank : 17.00 Cr
Icici Bank Limited : 11.33 Cr
Others : 7.47 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Apr 2017	Others	₹30.00 Cr	Open
31 Jul 2015	Others	₹15.00 Cr	Open
27 Jul 2015	Vijaya Bank	₹9.50 Cr	Open
29 Jun 2015	Others	₹15.00 Cr	Open
31 Mar 2015	Others	₹282.57 Cr	Open

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How Many Employees Work at Visa Steel?

Visa Steel has a workforce of 335 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Visa Steel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Visa Steel's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Visa Steel

Recent Activity within the Organization

Annual General Meeting

The activity Visa Steel Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was completed.
27 Sep 2024
Balance Sheet

Progress on Visa Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was documented.
31 Mar 2024
Charges

A charge with Others of Rs. 15.00 Cr registered on 29 Jun 2015 with Charge ID 10594413 was modified on 22 Mar 2024. was recorded as a recent event.
22 Mar 2024
Charges

A charge with Others of Rs. 79.87 Cr registered on 18 Jul 2014 with Charge ID 10517597 was modified on 22 Mar 2024. was recorded as a recent event.
22 Mar 2024
Charges

A charge with Others of Rs. 338.61 Cr registered on 28 Sep 2012 with Charge ID 10387630 was modified on 22 Mar 2024. was recorded as a recent event.
22 Mar 2024
Charges

Progress on A charge with Others of Rs. 8.75 Cr registered on 02 Jul 2012 with Charge ID 10367706 was modified on 22 Mar 2024. was documented.
22 Mar 2024

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