Visat Tools Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.70 Cr
- Revenue Growth -15.02%
- Profit Growth 158.55%
- Ebitda 249.60%
- Net Worth 630.28%
- Total Assets -8.05%
About Visat Tools
Visat Tools Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 October 2012 and has a history of 12 years and eight months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹1.70 Cr.
Virupaxappa Somannavar and Virupaxappa Nanda serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29253KA2012PTC066190
- Company No.
066190
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Oct 2012
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Machinery and Equipment
What products or services does Visat Tools Private Limited offer?
Visat Tools Private Limited offers a wide range of products and services, including CAD CAM Design & Consultancy, CAD CAM Services.
Visat Tools Private Limited
Explore comprehensive data for Visat Tools Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Visat Tools?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virupaxappa Somannavar  | Director | 05-Oct-2012 | Current |
| Virupaxappa Nanda | Director | 13-Feb-2020 | Current |
Financial Performance of Visat Tools.
Visat Tools Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.02% decrease. The company also saw a substantial improvement in profitability, with a 158.55% increase in profit. The company's net worth Soared by an impressive increase of 630.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Visat Tools?
In 2022, Visat Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹16.95 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 1.13 Cr
- Others : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2024 | Canara Bank | ₹2.10 M | Open |
| 30 Nov 2016 | Others | ₹5.68 M | Open |
| 17 Oct 2013 | Canara Bank | ₹9.17 M | Open |
How Many Employees Work at Visat Tools?
Visat Tools has a workforce of 20 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Visat Tools, 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 Visat Tools's trajectory.
Rating
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
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 Visat Tools
Recent activity within the organization
- Charges
A charge with Canara Bank amounted to Rs. 2.10 M with Charge ID 100996286 was registered on 09 Oct 2024.
- Charges
A charge with Canara Bank of Rs. 9.17 M registered on 17 Oct 2013 with Charge ID 10456101 was modified on 25 Oct 2023.
- Annual General Meeting
Visat Tools Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Visat Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Virupaxappa Somannavar Nanda was appointed as a Director was appointed as a Director on 13 Feb 2020 & has been associated with this company since 5 years 3 months .
- Charges
A charge with Others amounted to Rs. 5.68 M with Charge ID 100096068 was registered on 30 Nov 2016.
Frequently asked questions
What is the Incorporation or founding date of Visat Tools Private Limited?
Visat Tools Private Limited was incorporated on 05 Oct 2012.
What is authorized share capital and paid-up capital of Visat Tools Private Limited?
The authorized share capital of Visat Tools Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.
Who are the current board members & directors of Visat Tools Private Limited?
Currently 2 directors are associated with Visat Tools Private Limited.
- Virupaxappa Mallappa Somannavar
- Virupaxappa Somannavar Nanda
What is the registered address of Visat Tools Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Visat Tools Private Limited is No.198 12Th Main Road 3Rd Phase Peenya Industrial Area, India, Bengaluru, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Visat Tools Private Limited?
The corporate identification number (CIN) of Visat Tools Private Limited is U29253KA2012PTC066190 and the company number is 066190 as per Ministry of Corporate Affairs (MCA).
What is the official website of Visat Tools Private Limited?
The Official website of Visat Tools Private Limited is https://www.visattools.com
What has been the recent revenue trend for Visat Tools Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Visat Tools Private Limited has fallen by -15.02%.
How many employees does Visat Tools Private Limited currently have?
As Per 2022 financial reports, 20 employees are currently employed by Visat Tools Private Limited.
What change has been observed in the net worth of Visat Tools Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Visat Tools Private Limited has experienced an upsurge of 630.28%.
What are the total open charges for Visat Tools Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Visat Tools Private Limited amount to ₹ 1.70 Cr.
When was the last Balance Sheet of Visat Tools Private Limited filed with the ROC?
The most recent Balance Sheet for Visat Tools Private Limited was filed with the ROC on 31 Mar 2023.
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