* - Tentative Dates
The company intends to utilise the net proceeds from the Issue (the "Net Proceeds") towards funding the following objects:
Vishvprabha Ventures Ltd's revenue increased by 216.3% and profit after tax (PAT) dropped by -289.68% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 25.25 | 12.20 | 7.13 |
| Revenue | 5.96 | 1.88 | 2.70 |
| Profit After Tax | -0.27 | -0.07 | -0.44 |
| Net Worth | 3.86 | 4.13 | |
| Total Borrowing | 17.10 | 6.79 | |
| Amount in ₹ Crore | |||
Vishvprabha Ventures Limited was incorporated in January 1985. Presently, the company is engaged as a contractor and sub-contractor for undertaking various construction activities in Dombivili, Thane area. The company is looking to expand its construction projects from the local city to other cities and states.
The company is engaged as a contractor and sub-contractor for various projects that include construction of commercial and industrial buildings.
Civil construction projects that include structures such as the following
They have experience in various aspects of projects such as site selection, development, design, project management and sales and marketing. The focus is on residential projects which include construction of housing estates, redevelopments etc., mainly in the affordable segment. To date, the company has completed 1 residential project.