* - Tentative Dates
The Company intends to utilize the proceeds of the Issue towards the following objects:
| Period Ended | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|
| 31-Mar-21 | 66.58 | -0.35 | 11.71 | 2.3 |
| 31-Mar-22 | 16.82 | 0.24 | 11.95 | 1.62 |
| 30-Sep-22 | 23.31 | -3.06 | 8.88 | 14.6 |
| Amount in โน Crore | ||||
This company was originally incorporated as "INCA Finlease Private Limited", the name of this Company was changed to "Visagar Financial Services Limited" on February 11, 2011. VFSL is primarily engaged in the business of investing in securities of listed and unlisted companies. Its investment strategy depends on the opportunities, market conditions; both long term and short term and they invest in variety of sectors.
VISAGAR Company has experienced professionals with deep understanding of Investing in Shares & Equity, Financing, Corporate Advisory, Equity & Debt Restructuring and so on. The VISAGAR group is a multidimentional conglomerate with interest in Finance, Textiles, Education, Reality & Media. They are a multidimentional conglomerate with a portfolio of complementary busineses. With Strong, almost passionate commitments, they aims to be one of the most trusted and fastest growing corporate entity of its kind in India.
VFSL provide both secured and unsecured loans based on the risk profiles of the clients. They need financial resources to fuel the growing demand and to seize the opportunities presented by the market from time to time. The company generates maximum revenue from the sale of shares. Their loan portfolio was FY 2020-21 and FY 2021-22, is Rs. 733.52 Lakhs and Rs. 634.89 Lakhs, respectively comprising of short term of loan to a few corporate and non-corporate clients.