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Gmr Varalakshmi Foundation

Founded in 2003 headquartered in Andhra Pradesh, India.
2003 | Vizianagaram, Andhra Pradesh (India) | Active

Last Updated:

October 24, 2024
HomeCompanyGmr Varalakshmi Foundation

Who are the key members and board of directors at Gmr Varalakshmi Foundation?

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivas ChamarthyCFO13-Mar-2024Current

Board Members(13)

NameDesignationAppointment DateStatus
Som Mittal In Director 06-Dec-2017Current
Maheshwer Peri In Director 20-Nov-2012Current
Venkatanageswararao Boda In Director 14-Dec-2004Current
Srinivas Bommidala In Director 29-Jun-2004Current
Buchisanyasi Grandhi In Director 29-Jun-2004Current
Sudhakar Rao In Director 11-Aug-2011Current

Financial Performance and Corporate Structure Insights 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 2315.05% increase in profit. The company's net worth Soared by an impressive increase of 11.31%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.53%
Revenue from Operations
17.34%
Total Assets
2.20%
Profit or Loss
2315.05%
Net Worth
11.31%
EBITDA
1006.64%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹266,100,000.00

₹858,900,000.00

LenderAmountStatus

Axis Bank Limited

Creation Date: 21 Feb 2024
₹26.61 CrOpen

Others

Creation Date: 30 Mar 2022
₹3.60 CrSatisfied

Others

Creation Date: 06 Apr 2013
₹28.25 CrSatisfied

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.

Employee Graph

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Rating

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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 9 months 7 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

Frequently asked questions

  • Gmr Varalakshmi Foundation was incorporated on 09 Dec 2003.

  • The authorized share capital of Gmr Varalakshmi Foundation is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 14 directors are associated with Gmr Varalakshmi Foundation.

    • Venkatanageswararao Boda
    • Srinivas Bommidala
    • Buchisanyasi Raju Grandhi
    • Som Mittal
    • Sudhakar Rao
    • Grandhi Ragini
    • Satyavathi Smitha Grandhi
    • Maheshwer Peri
    • Veerayya Chowdary Kosaraju
    • Kiran Kumar Grandhi
    • Srinivas Chamarthy
    • Bommidala Ramadevi
    • Grandhi Mallikarjuna Rao
    • Grandhi Varalakshmi
  • 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.

  • The corporate identification number (CIN) of Gmr Varalakshmi Foundation is U80301AP2003NPL042195 and the company number is 042195 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gmr Varalakshmi Foundation is https://www.gmrgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gmr Varalakshmi Foundation has risen by 16.53%.

  • As Per 2023 financial reports, 66 employees are currently employed by Gmr Varalakshmi Foundation.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gmr Varalakshmi Foundation has experienced an upsurge of 11.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gmr Varalakshmi Foundation amount to ₹ 26.61 Cr.

  • The most recent Balance Sheet for Gmr Varalakshmi Foundation was filed with the ROC on 31 Mar 2023.

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