Desai Varun Rasayan Private Limited

This company trades in chemicals and pigments, supplying to various clients in the paint industry.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Desai Varun Rasayan Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.75 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.86 M
  • Revenue Growth 52.80%
  • Profit Growth 27.25%
  • Ebitda 7.90%
  • Net Worth 3.69%
  • Total Assets 31.00%

About Desai Varun Rasayan

Desai Varun Rasayan Private Limited (DVRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1989 and has a history of 35 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.75 M.

The company currently has active open charges totaling ₹3.86 M.

Atul Desai, Varun Desai, and Jaydev Desai serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24222MH1989PTC051746

  • Company No.

    051746

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Desai Varun Rasayan Private Limited offer?

Desai Varun Rasayan Private Limited offers a wide range of products and services, including Dyes & Color Additives, Inorganic Pigment, Pigments, Pigment Blue, N330 Carbon Black, Wood Oils, Pine Oil, Chrome Pigments, Metal Oxides, Iron Oxide.

Who are the key members and board of directors at Desai Varun Rasayan?

Board Members (3)

Name Designation Appointment Date Status
Atul Desai Country flag representing In Whole-Time Director 16-May-1989 Current
Varun Desai Country flag representing In Director 23-Apr-2012 Current
Jaydev Desai Country flag representing In Director 06-Jul-2018 Current

Financial Performance of Desai Varun Rasayan.

Desai Varun Rasayan Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.8% increase. The company also saw a substantial improvement in profitability, with a 27.25% increase in profit. The company's net worth moved up by a moderate rise of 3.69%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
52.80%
Revenue from Operations
52.83%
Total Assets
31.00%
Profit or Loss
27.25%
Net Worth
3.69%
EBITDA
7.90%

What is the Ownership and Shareholding Structure of Desai Varun Rasayan?

Unlock access to Desai Varun Rasayan's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.86 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.26 Cr
  • State Bank Of Saurashtra : 0.13 Cr

Latest Charge Details

Date Lender Amount Status
02 Sep 2024 Others ₹2.56 M Open
27 Jan 1997 State Bank Of Saurashtra ₹0.80 M Open
16 Jan 1995 State Bank Of Saurashtra ₹0.50 M Open

How Many Employees Work at Desai Varun Rasayan?

Unlock and access historical data on people associated with Desai Varun Rasayan, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Desai Varun Rasayan, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Desai Varun Rasayan's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Desai Varun Rasayan

Recent activity within the organization

  • Annual General Meeting

    Desai Varun Rasayan Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 2.56 M with Charge ID 100980263 was registered on 02 Sep 2024.

    02 Sep 2024

  • Balance Sheet

    Desai Varun Rasayan Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jaydev Atul Desai was appointed as a Director was appointed as a Director on 06 Jul 2018 & has been associated with this company since 6 years 7 months .

    06 Jul 2018

  • Director Appointment

    Varun Atul Desai was appointed as a Director was appointed as a Director on 23 Apr 2012 & has been associated with this company since 12 years 9 months .

    23 Apr 2012

  • Charges

    A charge with State Bank Of Saurashtra of Rs. 0.80 M registered on 27 Jan 1997 with Charge ID 90229162 was modified on 23 Jul 1999.

    23 Jul 1999

Frequently asked questions

  • Desai Varun Rasayan Private Limited was incorporated on 16 May 1989.

  • The authorized share capital of Desai Varun Rasayan Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.75 M.

  • Currently 3 directors are associated with Desai Varun Rasayan Private Limited.

    • Atul Kishor Desai
    • Varun Atul Desai
    • Jaydev Atul Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desai Varun Rasayan Private Limited is 1 Navnit Vihar M G Road, Behind Gandhi Market Ghatkopar (East) India, Mumbai, Maharashtra, 400077.

  • The corporate identification number (CIN) of Desai Varun Rasayan Private Limited is U24222MH1989PTC051746 and the company number is 051746 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Desai Varun Rasayan Private Limited has risen by 52.80%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Desai Varun Rasayan Private Limited has experienced an upsurge of 3.69%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Desai Varun Rasayan Private Limited amount to ₹ 3.86 M.

  • The most recent Balance Sheet for Desai Varun Rasayan Private Limited was filed with the ROC on 31 Mar 2024.

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