- Business
- GAMCO Limited (formerly Visco Trade Associates Limited), a non-banking financial company (NBFC) without deposit-taking license, engages primarily in equity investments, real estate development, warehouse renting and logistics infrastructure; it also provides structured financing, secured lending, fixed-return investment portfolios, short-term and long-term loans to individuals and associations, and advances credits while investing in shares and securities. Incorporated on January 3, 1983, and headquartered at 25A S.P. Mukherjee Road, 3rd Floor, Kolkata, West Bengal 700026, India, the company operates within India's financial services sector targeting emerging companies, real estate projects, and logistics needs across domestic markets. GAMCO maintains a diversified portfolio that includes glass manufacturing operations alongside its core financial and property segments.
In recent developments, the company changed its name from Visco Trade Associates Limited to GAMCO Limited in December 2024, aligning with strategic rebranding efforts. It incorporated new subsidiaries and associates including GAMCO Logistics Private Limited, Ancher Freehold Private Limited, and Dhaataa Property Private Limited, while renaming Visco Glassworks Private Limited to GAMCO Industrial & Logistics Park (E) Private Limited and amalgamating Hodor Trading Private Limited into Complify Trade Private Limited. Additionally, GAMCO entered a share purchase agreement on September 24, 2025, to acquire 96.26% stake in Uma Properties & Traders Limited for Rs 88 crore and approved the sale of 100% in Visco Advisory Pvt Ltd pending EGM approval on November 5, 2025. These moves reflect expansions in logistics, real estate holdings, and portfolio optimization amid reported revenue challenges including a 71.72% topline contraction and Q3 FY25 net sales decline of 91.98%.