Gmr Varalakshmi Foundation Profile
Key Indicators
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.61 Cr
- Satisfied Charges ₹ 85.89 Cr
- Revenue Growth 16.53%
- Profit Growth 2315.58%
- Ebitda 901.29%
- Net Worth 11.31%
- Total Assets 2.20%
About Gmr Varalakshmi Foundation
Gmr Varalakshmi Foundation (GVF) is a leading Private Not For Profit Company incorporated in India on 09 December 2003 and has a history of 21 years and two months. Its registered office is in Vizianagaram, Andhra Pradesh, India.
The Corporate was formerly known as Gmr Foundation. The Company is engaged in the Education & Learing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 0.00.
The company currently has active open charges totaling ₹26.61 Cr. The company has closed loans amounting to ₹85.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gmr Varalakshmi Foundation India is Srinivas Chamarthy as CFO. Venkatanageswararao Boda, Srinivas Bommidala, Kiran Grandhi, and Ten other members serve as directors at the Company.
Company Details
- Location
Vizianagaram, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U80301AP2003NPL042195
- Company No.
042195
- Company Classification
Private Not For Profit Company
- Incorporation Date
09 Dec 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Education & Learing
Healthcare
Who are the key members and board of directors at Gmr Varalakshmi Foundation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivas Chamarthy | CFO | 13-Mar-2024 | Current |
Board Members (13)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Som Mittal  | Director | 06-Dec-2017 | Current |
| Maheshwer Peri | Director | 20-Nov-2012 | Current |
| Venkatanageswararao Boda | Director | 14-Dec-2004 | Current |
| Srinivas Bommidala | Director | 29-Jun-2004 | Current |
| Kiran Grandhi | Director | 29-Jun-2004 | Current |
| Buchisanyasi Grandhi | Director | 29-Jun-2004 | Current |
Financial Performance of Gmr Varalakshmi Foundation.
Gmr Varalakshmi Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 16.53% increase. The company also saw a substantial improvement in profitability, with a 2315.58% increase in profit. The company's net worth Soared by an impressive increase of 11.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gmr Varalakshmi Foundation?
Unlock access to Gmr Varalakshmi Foundation'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.
Related Corporates (Common Directorship)
Tim Delhi Airport Advertising Private LimitedVenkatanageswararao Boda is a mutual person
Parampara Family Business InstituteVenkatanageswararao Boda, Grandhi Rao and 3 more are mutual person
My Home Industries Private LimitedVeerayya Kosaraju is a mutual person
Gmr Air Cargo And Aerospace Engineering LimitedBuchisanyasi Grandhi and Sudhakar Rao are mutual person
Genome FoundationVeerayya Kosaraju is a mutual person
Divi's Laboratories LimitedVeerayya Kosaraju is a mutual person
Charges (Loans)
Open Charges
₹266,100,000.00
Satisfied Charges
₹858,900,000.00
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 26.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2024 | Axis Bank Limited | ₹26.61 Cr | Open |
| 30 Mar 2022 | Others | ₹3.60 Cr | Satisfied |
| 06 Apr 2013 | Others | ₹28.25 Cr | Satisfied |
| 09 Jan 2012 | Andhra Bank | ₹9.75 Cr | Satisfied |
| 30 Dec 2009 | Andhra Bank | ₹31.54 Cr | Satisfied |
How Many Employees Work at Gmr Varalakshmi Foundation?
Gmr Varalakshmi Foundation has a workforce of 66 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gmr Varalakshmi Foundation, 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 Gmr Varalakshmi Foundation's trajectory.
Rating
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
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 Gmr Varalakshmi Foundation
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 266,100,000.00 registered on 21 Feb 2024 with Charge ID 100882353 was modified on 25 Jun 2024.
25 Jun 2024
- Director Appointment
Srinivas Chamarthy was appointed as a Cfo was appointed as a Cfo on 13 Mar 2024 & has been associated with this company since 11 months 18 days .
13 Mar 2024
- Charges
A charge registered on 30 Mar 2022 via Charge ID 100559656 with Others was fully satisfied on 06 Mar 2024.
06 Mar 2024
- Charges
A charge registered on 06 Apr 2013 via Charge ID 10421764 with Others was fully satisfied on 06 Mar 2024.
06 Mar 2024
- Charges
A charge with Axis Bank Limited amounted to Rs. 266,100,000.00 with Charge ID 100882353 was registered on 21 Feb 2024.
21 Feb 2024
- Annual General Meeting
Gmr Varalakshmi Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
Recent News, Updates & Announcement
- GMR Sports Considers Public Listing or Strategic Investor to Unlock Value and Expand into New Ventures.
GMR Sports is looking to unlock its value by considering a public listing or securing a strategic investor. They own various sports franchises, including Delhi Capitals and UP Yoddhas. They also have a presence in global leagues and are exploring opportunities in indigenous sports like Kho Kho. GMR Sports is also venturing into the fitness sector with a new gym in Hyderabad..
- Shardul Amarchand Mangaldas Advises GMR Airports.
The firm’s Infrastructure, Energy and Project Finance team comprised Jatin Aneja, National Practice Head - Infrastructure, Energy and Project Finance; Prashant Sirohi, Partner; Aditya Mitra, Senior Associate; Siddharth Jain, Associate and Madhvi Vangani, Associate, , Shardul Amarchand Mangaldas & Co, gmr airports.
Frequently asked questions
What is the Incorporation or founding date of Gmr Varalakshmi Foundation?
Gmr Varalakshmi Foundation was incorporated on 09 Dec 2003.
What is authorized share capital and paid-up capital of Gmr Varalakshmi Foundation?
The authorized share capital of Gmr Varalakshmi Foundation is ₹ 0.00 and paid-up capital is ₹ 0.00.
Who are the current board members & directors of Gmr Varalakshmi Foundation?
Currently 14 directors are associated with Gmr Varalakshmi Foundation.
- Venkatanageswararao Boda
- Srinivas Bommidala
- Kiran Kumar Grandhi
- Buchisanyasi Raju Grandhi
- Grandhi Varalakshmi
- Som Mittal
- Sudhakar Rao
- Grandhi Mallikarjuna Rao
- Bommidala Ramadevi
- Grandhi Ragini
- Satyavathi Smitha Grandhi
- Maheshwer Peri
- Veerayya Chowdary Kosaraju
- Srinivas Chamarthy
What is the registered address of Gmr Varalakshmi Foundation?
As per Ministry of Corporate Affairs (Mca), the registered address of Gmr Varalakshmi Foundation is Gmr Nagar Rajam, Srikakulam Dist India, A.P., Andhra Pradesh, 532127.
What is the corporate identification number (CIN) and company number of Gmr Varalakshmi Foundation?
The corporate identification number (CIN) of Gmr Varalakshmi Foundation is U80301AP2003NPL042195 and the company number is 042195 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gmr Varalakshmi Foundation?
The Official website of Gmr Varalakshmi Foundation is https://www.gmrgroup.in
What has been the recent revenue trend for Gmr Varalakshmi Foundation?
According to the financial reports for the fiscal year 2023, the revenue trend for Gmr Varalakshmi Foundation has risen by 16.53%.
How many employees does Gmr Varalakshmi Foundation currently have?
As Per 2023 financial reports, 66 employees are currently employed by Gmr Varalakshmi Foundation.
What change has been observed in the net worth of Gmr Varalakshmi Foundation, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gmr Varalakshmi Foundation has experienced an upsurge of 11.31%.
What are the total open charges for Gmr Varalakshmi Foundation?
As per the financial statements for fiscal Year 2023, The total open charges for Gmr Varalakshmi Foundation amount to ₹ 26.61 Cr.
When was the last Balance Sheet of Gmr Varalakshmi Foundation filed with the ROC?
The most recent Balance Sheet for Gmr Varalakshmi Foundation was filed with the ROC on 31 Mar 2023.
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