WHO WE ARE

We are community builders, helping
people excel on every front

Being a true believer in progress, our founder, the late Mr. V. M. Salgaocar envisioned a
business committed to Goa, one that strived towards overall development.
Using his vision as a foundation, we have spent over seven decades contributing towards the
building and benefit of the Goan community. From creating employment opportunities for
our people to creating revenue from exports, we have made it our mission to contribute towards
the financial and social growth of our state. We have also taken initiatives to build sustainable
residential projects and enable entrepreneurs to secure funding.

Every day we ensure our medical facilities translate cutting-edge research and innovation into measurable
health gain for our patients. Last but never least; we make it a point to promote sports at a grassroots and
professional level, giving Goans the opportunity to shine on the international stage. Moreover, this is just
the beginning.

OUR VALUES

Rooted in values, driven
by fervour.

HISTORY

Our growth through the years.

2018-05-02
1942

V.M. Salgaocar e Irmao Ltda. founded.

2018-05-02
1952

(1) Grant of mining concessions by
the Portuguese Government.

(2) The first consignment of iron ore to Nippon Steel Corporation
(Japan) is exported.

2018-05-02
1956

Salgaocar FC founded (Then are known as Vimson Club) – It was the first Football Club in Goa to be started by a business house.

2018-05-02
1960

(1) First mechanical screening and
loading plant with a capacity of
400 tons installed at the mines.

(2) The firm achieves export of 1 million tons of iron ore.

2018-05-02
1965

V.M. Salgaocar & Bro. Pvt. Ltd. incorporated under the Companies Act of India.

2018-05-02
1971

S.S. Sanjeevani, the company’s first self-loading and discharging iron ore Transhipper vessel commissioned to load gearless vessels in keeping with market demands.

2018-05-02
1972

First consignment of iron ore to POSCO (South Korea) is exported.

2018-05-02
1974

(1) The company achieves export of
2 million tons of iron ore making
it the leader among iron ore
exporters in Goa.

(2) Achieved the highest loading
performance per day at
Mormugao Port.

2018-05-02
1976

(1) The company loads the largest
bulk carrier of 150,000 dwt in the
Port of Mormugao
(2) The company goes for
computerization with IBM
machines and sets up Data
Processing Centre at the company headquarters.

2018-05-02
1981

Establishment of 120 bedded V.M.Salgaocar Hospital – the first state-of the-art hospital in Goa (then known as Salgaocar Medical Research Center)

2018-05-02
1982

(1) Installation of Beneficiation Plant
at Vagus to promote sustainable
mining
(2) Transhipper M.V. Swatirani
commissioned to load 200,000
tonnes Ocean going vessels to
compete with Australian and
Brazilian supplies.

2018-05-02
1984

Demise of Founder Chairman,
Mr. V.M.Salgaocar

2018-05-02
1988

Salgaocar FC wins Federation Cup for the first time-a first for any Goan team (subsequently in 1989, 1997 & 2011).

2018-05-02
1990

“Fare Forward Voyager”, the biography of Late Mr. V.M. Salgaocar is released

2018-05-02
1995

Establishment of Financial Services Business-

(1) Pyramid Finance P. Ltd:
Catering to SMEs

(2) Shivranjani Securities P. Ltd.
Investment Advisory Services

2018-05-02
1999

Salgaocar FC wins National Football League (later I-League) for the first time (subsequently in 2011)

2018-05-02
2000-1

Start of export of iron ore to China

2018-05-02
2010

Highest export by the Group of 5 million tonnes achieved

2018-05-02
2011

Salgaocar FC win both I-League and Federation Cup titles

2018-05-02
2012

Commissioning of Vishal Hira, self-loading vessel to enhance transhipping capacity

2018-05-02
2013

Salgaocar FC starts its Community Outreach Program in Vasco.

2018-05-02
2015

Altura Spaces, a Realty Enterprise, launches.

2018-05-02
2016

(1) Centenary of our founder

(2) “Footprints in the Sand: History
of Salgaocar Football Club”
released.

(3) VMSH launches a partnership
with SALT Health Solutions
Australia for osteopathy, a
discipline previously not available
to Goans.

2018-05-02
2017

(1) Altura Spaces launches Altura
Primavista, a residential project
in Dabolim.

(2) VMSH forms a partnership with
Jaslok Hospital.

(3) VMSB Singapore commences
operations.

2018-05-02
2018

The Group rededicates itself to the founding values and principles under the Chairmanship of Mr. S.V. Salgaocar under the brand name “VIMSON”


Leadership


At Vimson, good change brings greater
opportunity for our stakeholders.
Our esteemed leaders, under the valuable
guidance of Mr. Shivanand Vasudev
Salgaocar, helm these changes.

Read more >

PUBLICATIONS


Fare Forward Voyager

The biography of our Founder Chairman, the late
Mr. Vasudev M. Salgaocar, penned by eminent
author the late Mr. Frank Simoes, traces his journey
from abject poverty to becoming one of the most
successful entrepreneurs in India at the time without
compromising on his integrity or ethics. Released in
1990, the book is a tribute to the memory of our
Founder Chairman, whose values and spirit we
continue to emulate even today.


Footprints in the Sand

The history of Salgaocar FC, written by leading sports
journalist Mr. Marcus Mergulhao, was released to
mark our Founder’s 100th birth anniversary and the
Club’s Diamond Jubilee. The book chronicles sixty
years of the Club’s achievements from winning the
Goan Second Division title on its debut to being
crowned the “Champion Club of India” and running
one of the most successful youth development
programs in Asia.