About Visag Biofuels Private Limited
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Visag Biofuels Private Limited is a private limited company based in Balaghat, Madhya Pradesh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 07 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45400MP2019PTC049748. Its GSTIN is 23ABCCS7327J1Z9 (Madhya Pradesh).
The company has an authorised share capital of ₹43 Cr and a paid-up capital of ₹42.9 Cr. It was formerly known as Shree Sheetal Infra Private Limited. It is led by directors including Atul Vaidya and Sandeep Shrivastava.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kalptaru Mall (Shreeji Mall) Mahaveer Chowk, Balaghat, Madhya Pradesh, India – 481001.
As per the financials filed for FY 2025, the company reported a revenue of ₹363.74 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹29.3 Cr (net margin 8.1%) and EBITDA of ₹49.29 Cr (EBITDA margin 13.6%).
As per MCA filings, the company has open charges of ₹199.78 Cr and satisfied charges of ₹161.68 Cr on record. The company has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in June 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website visagbiofuels.com.
Company details
Contact details
Visag Biofuels Private Limited's registered office is in Balaghat, Madhya Pradesh. Its website is visagbiofuels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKalptaru Mall (Shreeji Mall) Mahaveer Chowk, Balaghat, Madhya Pradesh, India – 481001
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Visag Biofuels 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 Visag Biofuels is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Visag Biofuels Private Limited, buy the company report.
Financials of Visag Biofuels Private Limited
FY 2024 filings availableVisag Biofuels Private Limited reported revenue of ₹363.74 Cr (up 104% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 104% in the latest year. EBITDA rose 75% 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 | ₹49.29 Cr | ||||
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| Net Profit (PAT) | ₹29.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Visag Biofuels Private Limited, buy the company report.
Board of directors of Visag Biofuels Private Limited
Visag Biofuels has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Vaidya Also directs: Vidsam Consultant Private Limited | Director | 07 Oct 2019 | 7 Years 0 Months | Current |
| Sandeep Shrivastava Also directs: Vidsam Consultant Private Limited | Director | 11 Apr 2022 | 4 Years 6 Months | Current |
| Gyanendra Singh Also directs: Shreeji Infrastructure India Private Limited | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Riyaz Uddin Farooqui Also directs: Bespoke Art Studio Private Limited | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Visag Biofuels Private Limited is audited by NIRAJ NIMJE AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAJ NIMJE AND ASSOCIATES | FY 2024 | 124550W |
Shareholding
The shareholding of Visag Biofuels Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Visag Biofuels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101097577 | Hdfc Bank Limited | ₹20.12 Lakh | Open | |
| 31 Mar 2025 | 101093995 | Sbicap Trustee Company Limited | ₹199.3 Cr | Open | |
| 10 Feb 2025 | 101086935 | Hdfc Bank Limited | ₹28.14 Lakh | Open | |
| 28 Jun 2022 | 100596034 | State Bank of India | ₹8.95 Lakh | Satisfied | |
| 28 Jun 2022 | 100596651 | State Bank of India | ₹14 Lakh | Satisfied |
To see the full charge records of Visag Biofuels Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Visag Biofuels Private Limited has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in June 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vandana Organic Trade Private Limited |
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: Vandana Organic Trade Private Limited Seller: an individual |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2023 | Rights issue | ₹6.06 Cr | Investors: 4 individuals |
To see the full deal history of Visag Biofuels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Visag Biofuels 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 Visag Biofuels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visag Biofuels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ABCCS7327J1Z9 | Madhya Pradesh | Active | 15 Nov 2019 |
To see the full GST registrations and return filing status of Visag Biofuels Private Limited, buy the company report.
Recent activity
Visag Biofuels Private Limited has 9 board changes on record since 2019: 4 appointments and 5 cessations. The latest: Sandeep Shrivastava ceased to be Additional Director on 30 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Visag Biofuels is an active private limited company based in Balaghat, Madhya Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 07 October 2019 (7+ years old) and is registered under CIN U45400MP2019PTC049748.
Visag Biofuels has 4 current directors:
- Atul Vaidya - Director
- Sandeep Shrivastava - Director
- Gyanendra Singh - Director
- Riyaz Uddin Farooqui - Director
The latest financial statements of Visag Biofuels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Visag Biofuels is 23ABCCS7327J1Z9, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Visag Biofuels is U45400MP2019PTC049748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visag Biofuels was incorporated on 07 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
Visag Biofuels has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in June 2024.
Sandeep Shrivastava ceased to be Additional Director on 30 Sep 2022. Sandeep Shrivastava was appointed as Director on 11 Apr 2022. Gyanendra Singh ceased to be Additional Director on 30 Nov 2021. Visag Biofuels has 9 board changes on record in total.
Visag Biofuels can be reached through the website visagbiofuels.com. Its registered office is in Balaghat, Madhya Pradesh, India.
The registered office of Visag Biofuels is at Kalptaru Mall Shreeji Mall Mahaveer Chowk, Balaghat, Madhya Pradesh, India – 481001.