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.
L51109OR1996PLC004601
004601
10 September 1996
₹252.00 Cr
₹115.79 Cr
Roc Cuttack
Listed (BSE: 532721, NSE: VISASTEEL)
Under Cirp
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| 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 |
| 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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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%.
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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.
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₹161,917,339,302.63
₹23,492,335,800.92
| 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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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.
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.
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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.
Visa Steel Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Visa Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was completed.
Progress on 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 documented.
The activity 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 completed.
The activity 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 completed.
The activity 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 completed.
PNB is selling six bad loans worth over ₹1,000 crore to ARCs, NBFCs, and other banks. The reserve price is ₹342 crore. The sale will be handled by the bank's SASTRA division and bids will be submitted through e-auction. PNB is also trying to raise ₹10,000 crore through various means. In 2018-19, the bank's net loss was ₹9,570.11 crore and its gross NPAs were ₹78,472.70 crore..
Recently, Bank of Baroda put its exposure of Rs 150 crore to the asset on the block as its insolvency resolution keeps getting delayed..
Visa Steel has informed about outcome of board meeting held on February 10, 2017..
The CIN of Visa Steel Limited is L51109OR1996PLC004601.
Visa Steel Limited is headquartered at 11 Ekamra Kanan, Nayapalli India, Bhubaneswar, Orissa, 751015.
Visa Steel Limited was incorporated on 10 September 1996.
The current directors of Visa Steel Limited are
The primary industry of Visa Steel Limited is Manufacturing.
Visa Steel Limited is listed. It is listed on BSE: 532721 and NSE: VISASTEEL.
The authorized capital of Visa Steel Limited is ₹252.00 Cr, and the paid-up capital is ₹115.79 Cr.
The compliance status of Visa Steel Limited is Compliant.
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