About Visaka Industries Ltd 
Visaka Industries Ltd
Micro Cap
Construction Material
Visaka Industries Limited was originally incorporated in the name of 'Visaka Asbestos Cement Products' in June 18, 1981 by Dr. G. Vivekanand. The Other Group Companies are Visaka Cement Industry, Venus Tobacco Company and VST Natural Products. The Company is into the business of manufacture of cement fibre sheets (V-Boards), spinning yarn, fibre cement boards & panels, solar panels and synthetic blended yarn.
Company Coordinates 
Company Details
Survey No 315 Yelumala Village, Ramachandrapuram Mandal Medak Telangana : 502300
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
Capital Structure 
Present Equity Capital
INR 17.28 Cr
Number of Shares
8.64 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
15-May-2023
8.64
17.28
69123808
2
Stock Split
24-Jan-2022
1.73
17.28
800000
10
Conversion of Warrants
18-Nov-2020
1.65
16.48
400000
10
Conversion of Warrants
05-Aug-2020
1.61
16.08
200000
10
Preferential basis
19-Jun-2007
1.59
15.88
2007995
10
Amalgamation
19-Jun-2007
1.59
15.88
2007995
10
Amalgamation
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
12.2621
Mutual Funds
Held by 2 Schemes (0.05%)
FIIs
Held by 20 FIIs (0.36%)
Promoter with highest holding
G Vivekanand (39.77%)
Highest Public shareholder
Vigilance Security Services Pvt Ltd (4.78%)
Individual Investors Holdings
38.59%
Management
Designation
Remuneration
G Vivekanand
Chairman (Non-Executive)
11.35 lacs
Gusti J Noria
Independent Director
12.4 lacs
G Saroja Vivekanand
Managing Director
3.94 cr
G Vamsi Krishna
Joint Managing Director
3.15 cr
P Srikar Reddy
Independent Director
11.75 lacs
J Pruthvidahar Rao
Whole-time Director
1.37 cr
Gogineni Appnender Babu
Independent Director
11.65 lacs
Vanitha Datla
Independent Director
0
Ramakanth Kunapuli
Company Sec. & Compli. Officer
34.5 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchase of Stock-in-Traded
6.934
0%
Purchase of Stock-in-Traded
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Asbestos Products
1,126.52
99.13%
Industrial Incentive
6.78
0.60%
Export Incentives
1.70
0.15%
Asbestos Products
Asbestos Products
Industrial Incentive
Industrial Incentive
Export Incentives
Export Incentives
Revenue and Profits:
Net Sales:
351 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-11 Cr
Construction Material
INR 510 Cr (Micro Cap)
NA (Loss Making)
19
0.85%
0.68
-1.70%
0.69