Visagar Polytex Limited Company Logo

Visagar Polytex Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1983.

1983 | Mumbai, Maharashtra, India | Active
Last Updated:

About Visagar Polytex Limited

Visagar Polytex Limited, a active public limited company, was established on 16 June 1983 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L65990MH1983PLC030215. Registered under ROC Roc Mumbai. it is listed on BSE: 506146 and NSE: VIVIDHA. It has an authorized capital of ₹80.00 Cr and a paid-up capital of ₹29.27 Cr.

Formerly known as Barasia Holding&Trading Co Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹9.47 M and a net worth of ₹18.33 Cr. Employing 2 professional, Its leadership includes Kuldeep Kumar (Director), Vikramjit Singh Gill (Director), Kaushal Singh Yadav (Director). Past directors included Ramesh Kumar Bhattar, Kamall Ahuja, Mariam Khalil Bahnan. It holds ₹8.41 Cr open charges and ₹16.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 907/908, Dev Plaza, Opp. Andheri Fire Station, S.V. Road, Andheri (West),, Mumbai, Maharashtra, 400058.

Company Details

  • CIN/LLPIN

    L65990MH1983PLC030215

  • Registration Number

    030215

  • Incorporation Date

    16 June 1983

  • Authorized Capital

    ₹80.00 Cr

  • Paid-Up Capital

    ₹29.27 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 506146, NSE: VIVIDHA)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 29.27 Cr
  • Company Age 42 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.41 Cr
  • Satisfied Charges ₹ 16.95 Cr
  • Revenue Growth -73.48%
  • Profit Growth -143.12%
  • Ebitda -127.27%
  • Net Worth -0.96%
  • Total Assets -5.41%
Company report

Visagar Polytex Limited

Company Report FY 2025-2026

Explore comprehensive insights into Visagar Polytex 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 Visagar Polytex Limited?

Current Directors

NameDesignationAppointment DateStatus
Kuldeep KumarDirector28 Sep 2020Current
Vikramjit Singh GillDirector02 Jan 2021Current
Kaushal Singh YadavDirector17 Jun 2019Current
Madhu Bala VaishnavDirector05 Dec 2019Current
Tilokchand Manaklal KothariManaging Director01 Aug 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Mar 2009Past
Pramod AbcsddDirector12 Nov 2016Past
Pramod AbcsddCompany Secretary02 Mar 2021Past
Pramod AbcsddCompany Secretary11 Oct 2012Past
Pramod AbcsddDirector14 Jul 2008Past
Pramod AbcsddDirector10 Feb 2016Past

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Financial Performance of Visagar Polytex.

Visagar Polytex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.48% decrease. The company also saw a substantial fall in profitability, with a 143.12% decrease in profit. The company's net worth dipped by a decrease of 0.96%.

Visagar Polytex revenue growth over time
Visagar Polytex profit and loss trends over time
  • 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
-73.48%
Revenue from Operations
-77.86%
Total Assets
-5.41%
Profit or Loss
-143.12%
Net Worth
-0.96%
EBITDA
-127.27%

What is the Ownership and Shareholding Structure of Visagar Polytex?

In 2021, Visagar Polytex had a promoter holding of 25.12% and a public holding of 74.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹84,080,000.00

Satisfied Charges

₹169,500,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 8.37 Cr
  • Hdfc Bank Limited : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2018State Bank Of India₹8.37 CrOpen
17 Jan 2018Hdfc Bank Limited₹0.38 MOpen
15 Jul 2008Hdfc Bank Limited₹16.95 CrSatisfied

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How Many Employees Work at Visagar Polytex?

Visagar Polytex has a workforce of 2 employees as of Mar 22, 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 growth trends for Visagar Polytex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Visagar Polytex, 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 Visagar Polytex's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Visagar Polytex

Recent Activity within the Organization

  • Director Appointment

    Neelam Raj was appointed as a Company Secretary was appointed as a Company Secretary on 15 Feb 2025 & has been associated with this company since 11 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Visagar Polytex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Visagar Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Vikramjit Singh Gill was appointed as a Director was appointed as a Director on 02 Jan 2021 & has been associated with this company since 5 years 13 days . was completed.

  • Director Appointment

    Kuldeep Kumar was appointed as a Director was appointed as a Director on 28 Sep 2020 & has been associated with this company since 5 years 3 months . was recorded as a recent event.

  • Charges

    A charge with State Bank Of India of Rs. 8.37 Cr registered on 28 Sep 2018 with Charge ID 100252990 was modified on 29 Feb 2020. was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Visagar Polytex Limited?

    The CIN of Visagar Polytex Limited is L65990MH1983PLC030215.

  • Where is Visagar Polytex Limited headquartered?

    Visagar Polytex Limited is headquartered at 907/908, Dev Plaza, Opp. Andheri Fire Station, S.V. Road, Andheri (West),, Mumbai, Maharashtra, 400058.

  • When was Visagar Polytex Limited incorporated?

    Visagar Polytex Limited was incorporated on 16 June 1983.

  • Who are the current directors of Visagar Polytex Limited?

    The current directors of Visagar Polytex Limited are

  • What is the primary industry of Visagar Polytex Limited?

    The primary industry of Visagar Polytex Limited is Manufacturing.

  • Is Visagar Polytex Limited a listed company?

    Visagar Polytex Limited is listed. It is listed on BSE: 506146 and NSE: VIVIDHA.

  • What is the capital structure of Visagar Polytex Limited?

    The authorized capital of Visagar Polytex Limited is ₹80.00 Cr, and the paid-up capital is ₹29.27 Cr.

  • What is the compliance status of Visagar Polytex Limited?

    The compliance status of Visagar Polytex Limited is Compliant.

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