Gmr Varalakshmi Foundation

Founded in 2003 and headquartered in Andhra Pradesh, India.

2003 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated:

Gmr Varalakshmi Foundation Profile

Key Indicators

  • Company Age 21 Year, 3 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 three 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)

NameDesignationAppointment DateStatus
Srinivas Chamarthy CFO13-Mar-2024Current

Board Members (13)

NameDesignationAppointment DateStatus
Som Mittal Country flag representing In Director 06-Dec-2017Current
Maheshwer Peri Country flag representing In Director 20-Nov-2012Current
Venkatanageswararao Boda Country flag representing In Director 14-Dec-2004Current
Srinivas Bommidala Country flag representing In Director 29-Jun-2004Current
Kiran Grandhi Country flag representing In Director 29-Jun-2004Current
Buchisanyasi Grandhi Country flag representing In Director 29-Jun-2004Current

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%.

Gmr Varalakshmi Foundation revenue growth over time
Gmr Varalakshmi Foundation 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
16.53%
Revenue from Operations
17.34%
Total Assets
2.20%
Profit or Loss
2315.58%
Net Worth
11.31%
EBITDA
901.29%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
21 Feb 2024Axis Bank Limited₹26.61 CrOpen
30 Mar 2022Others₹3.60 CrSatisfied
06 Apr 2013Others₹28.25 CrSatisfied
09 Jan 2012Andhra Bank₹9.75 CrSatisfied
30 Dec 2009Andhra Bank₹31.54 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 growth trends for Gmr Varalakshmi Foundation

Deals i

Graph showing company valuation over time

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

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 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.

  • 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 1 year 22 days .

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100559656 with Others was fully satisfied on 06 Mar 2024.

  • Charges

    A charge registered on 06 Apr 2013 via Charge ID 10421764 with Others was fully satisfied on 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.

  • Annual General Meeting

    Gmr Varalakshmi Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Recent News, Updates & Announcement

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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