Visagar Polytex Limited - Company Profile

Q: Where is Visagar Polytex Limited headquartered?

Visagar Polytex Limited is headquartered at 907908, Dev Plaza, Opp. Andheri Fire Station, S.V. Road, Andheri West,, Mumbai, Maharashtra, 400058.

Q: Who are the current directors of Visagar Polytex Limited?

The current directors of Visagar Polytex Limited are Sachin Mehta, Kuldeep Kumar, Vikramjit Singh Gill, Parul Gupta, Sachin Chandrakant Mehta, Kaushal Singh Yadav, Madhu Bala Vaishnav, Tilokchand Manaklal Kothari, Sachin Mehta.

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

1983 Mumbai, Maharashtra, India Active

Last Updated: January 11, 2026

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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 Sachin Mehta (Cfo), Kuldeep Kumar (Director), Vikramjit Singh Gill (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 Metrics

Authorised Capital ₹ 80.00 Cr as on 11-01-2026
Paid Up Capital ₹ 29.27 Cr as on 11-01-2026
Company Age 42 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 8.41 Cr as on 11-01-2026
Satisfied Charges ₹ 16.95 Cr as on 11-01-2026
Revenue Growth **** -73.48% (FY 2023)
Profit Growth **** -143.12% (FY 2023)
Ebitda **** -127.27% (FY 2023)
Net Worth -0.96% (FY 2023)
Total Assets -5.41% (FY 2023)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Sachin Mehta	Cfo	28 Mar 2019	Current
Kuldeep Kumar	Director	28 Sep 2020	Current
Vikramjit Singh Gill	Director	02 Jan 2021	Current
Kaushal Singh Yadav	Director	17 Jun 2019	Current
Madhu Bala Vaishnav	Director	05 Dec 2019	Current
Tilokchand Manaklal Kothari	Managing Director	01 Aug 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Mar 2009	Past
Pramod Abcsdd	Director	12 Nov 2016	Past
Pramod Abcsdd	Company Secretary	02 Mar 2021	Past
Pramod Abcsdd	Company Secretary	11 Oct 2012	Past
Pramod Abcsdd	Director	14 Jul 2008	Past
Pramod Abcsdd	Director	10 Feb 2016	Past

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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%.

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

********

-73.48%

*******

Revenue from Operations

*******

-77.86%

*******

Total Assets

*******

-5.41%

*******

Profit or Loss

*******

-143.12%

*******

Net Worth

*******

-0.96%

*******

EBITDA

*******

-127.27%

*******

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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 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

₹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

Date	Lender	Amount	Status
28 Sep 2018	State Bank Of India	₹8.37 Cr	Open
17 Jan 2018	Hdfc Bank Limited	₹0.38 M	Open
15 Jul 2008	Hdfc Bank Limited	₹16.95 Cr	Satisfied

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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 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 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

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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 Visagar Polytex

Recent Activity within the Organization

Annual General Meeting

Visagar Polytex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Progress on Visagar Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
31 Mar 2024
Director Appointment

The activity Parul Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 14 Jun 2021 & has been associated with this company since 4 years 8 months . was completed.
14 Jun 2021
Director Appointment

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 1 month . was recorded as a recent event.
02 Jan 2021
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 5 months . was recorded as a recent event.
28 Sep 2020
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.
29 Feb 2020

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