Company CVAbout Visagar Financial Services Ltd 
Visagar Financial Services Ltd
Micro Cap
Non Banking Financial Company (NBFC)
Visagar Financial Services Limited was formerly incorporated as Inca Finlease Private Limited on March 01, 1994. The Company converted from Private Limited to Public Limited on July 08, 1994 after its name changed to Inca Finlease Limited. Further, the Company name was changed to Visagar Financial Services Limited (VFSL) on February 11, 2011.
Company Coordinates
Company Details
907/908 Dev Plaza 9th Flr SV R, Andheri Fire Stn Andheri (W) Mumbai Maharashtra : 400058
Registrar Details
Adroit Corporate Services Pvt Ltd, 17-20 Jaferbhoy Industrial Estate , 1st Floor, Makwana Road, Marol Naka, Mumbai
Capital StructureCapital Structure
Present Equity Capital
INR 58.39 Cr
Number of Shares
58.39 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
30-Dec-2022
58.39
58.39
486388645
1
Right Issues
20-Jan-2022
9.75
9.75
48763500
1
Bonus Issue & Stock Split
04-Dec-2012
3.25
6.50
16254500
2
Bonus
04-Dec-2012
3.25
6.50
16254500
2
Bonus
30-Mar-2011
1.63
3.25
1250000
2
Conversion of Warrants
30-Mar-2011
1.63
3.25
1250000
2
Conversion of Warrants
21-Feb-2011
1.5
3.00
12003600
2
Stock Split
21-Feb-2011
1.5
3.00
12003600
2
Stock Split
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Tilokchand Manaklal Kothari (2.93%)
Highest Public shareholder
None
Individual Investors Holdings
89.58%
Board of Directors
Management
Designation
Remuneration
Arvind G Desai
Whole Time Director
0
Tilokchand Kothari
Non Executive Director
0
Suranjan Upadhyay
Non Executive Independent Director
45.0 k
Kailash Chhaparwal
Non Executive Independent Director
0
Asha Kothari
Chairperson
0
Shalini Bose
Company Secretary
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Shares
4.93
92.61%
Interest on Non Current Investments
0.39
7.30%
Dividend
0.01
0.09%
Shares
Shares
Interest on Non Current Investments
Interest on Non Current Investments
Dividend
Dividend
Stock DNARevenue and Profits:
Net Sales:
2 Cr
(Quarterly Results - Sep 2025)
Net Profit:
0 Cr
Non Banking Financial Company (NBFC)
INR 24 Cr (Micro Cap)
NA (Loss Making)
23
0.00%
0.65
-3.79%
0.41
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