About Visa Ventures Private Limited
Data last updated:
Visa Ventures Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 01 October 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC248754.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 1101 11th Floor Adonis II – Raheja Acropolis Augustus Chs Ltd Deonar, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2016, the company reported a revenue of ₹18.69 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹12.31 Lakh (net margin 65.8%) and EBITDA of ₹18.09 Lakh (EBITDA margin 96.8%).
As per MCA filings, the company has satisfied charges of ₹7 Cr on record.
The last known website on record is visapowertech.com.
Company details
Contact details
Visa Ventures Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address1101 11th Floor Adonis II – Raheja Acropolis Augustus Chs Ltd Deonar, Mumbai, Maharashtra, India – 400088
- IndustryFinancial Services, Diversified Financial Services
- 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 activities of Visa Ventures are electricity, gas, steam and air condition supply and financial and insurance service. In detail, this covers electric power generation, transmission and distribution and fund management services. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| K | Financial and insurance Service | K6 | Fund Management Services |
Financials of Visa Ventures Private Limited
FY 2016 filings availableVisa Ventures Private Limited reported revenue of ₹18.69 Lakh (down 87% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year. EBITDA fell 88% 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 | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹18.09 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹12.31 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 | 96.8% | |
| Net Profit Margin | 65.8% | |
| 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 Ventures Private Limited, buy the company report.
Board of directors of Visa Ventures Private Limited
Visa Ventures has 2 former directors on record and no current directors listed.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2015 | 10551831 | Oriental Bank of Commerce | ₹7 Cr | Satisfied |
To see the full charge records of Visa Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Visa Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Visa Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Visa Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Visa Ventures Private Limited has 2 board changes on record since 2017: 0 appointments and 2 cessations. The latest: Bhavana Satinder Aggarwal ceased to be Director on 29 May 2017.
Frequently asked questions
Visa Ventures has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Visa Ventures was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 01 October 2013 and is registered under CIN U74900MH2013PTC248754. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Visa Ventures is U74900MH2013PTC248754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Ventures was incorporated on 01 October 2013. It is registered with the Registrar of Companies, Mumbai.
Visa Ventures can be reached through the website visapowertech.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Visa Ventures is at 1101 11th Floor Adonis II – Raheja Acropolis Augustus Chs Ltd Deonar, Mumbai, Maharashtra, India – 400088.
The latest financial statements of Visa Ventures on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Visa Ventures operated in the financial services industry, in the diversified financial services segment.
Bhavana Satinder Aggarwal ceased to be Director on 29 May 2017. Satinder Baldevraj Aggarwal ceased to be Director on 29 May 2017.
Visa Ventures has no open charges and satisfied charges of ₹7 Cr as per latest MCA filings.