Shree Vari Multiplast India Private Limited

Manufacturer of plastic furniture, raw materials, and wind electric generators since 1999.

1999 | Erode, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Shree Vari Multiplast India Profile

Key Indicators

  • Authorised Capital ₹ 2.70 Cr
  • Paid Up Capital ₹ 2.34 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.80 Cr
  • Satisfied Charges ₹ 6.05 Cr
  • Revenue Growth 14.30%
  • Profit Growth -32.95%
  • Ebitda -16.58%
  • Net Worth 9.35%
  • Total Assets 4.36%

About Shree Vari Multiplast India

Shree Vari Multiplast India Private Limited (SVMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 1999 and has a history of 25 years and two months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.70 Cr and a paid-up capital of Rs 2.34 Cr.

The company currently has active open charges totaling ₹10.80 Cr. The company has closed loans amounting to ₹6.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Senthilmurugan Latha, Vadiappan Senthilmurugan, and Senthilmurugan Karthic serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02520TZ1999PTC009079

  • Company No.

    009079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Electronics & Durables
Energy and Power

Who are the key members and board of directors at Shree Vari Multiplast India?

Executive Team (1)

Name Designation Appointment Date Status
Vadiappan Senthilmurugan Country flag representing In Managing Director 15-Nov-1999 Current

Board Members (2)

Name Designation Appointment Date Status
Senthilmurugan Latha Country flag representing In Director 15-Nov-1999 Current
Senthilmurugan Karthic Country flag representing In Whole-Time Director 03-Sep-2012 Current

Financial Performance of Shree Vari Multiplast India.

Shree Vari Multiplast India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.3% increase. The company also saw a substantial fall in profitability, with a 32.95% decrease in profit. The company's net worth moved up by a moderate rise of 9.35%.

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
14.30%
Revenue from Operations
14.28%
Total Assets
4.36%
Profit or Loss
-32.95%
Net Worth
9.35%
EBITDA
-16.58%

What is the Ownership and Shareholding Structure of Shree Vari Multiplast India?

In 2023, Shree Vari Multiplast India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.80 Cr

Satisfied Charges

₹6.05 Cr

Charges Breakdown by Lending Institutions

  • Sidbi : 5.60 Cr
  • Others : 3.76 Cr
  • Hdfc Bank Limited : 1.44 Cr

Latest Charge Details

Date Lender Amount Status
19 Mar 2024 Others ₹9.80 M Open
05 Feb 2024 Sidbi ₹5.60 Cr Open
31 Mar 2021 Others ₹2.59 M Open
15 May 2020 Others ₹2.41 M Open
11 Nov 2019 Others ₹1.00 Cr Open

How Many Employees Work at Shree Vari Multiplast India?

Unlock and access historical data on people associated with Shree Vari Multiplast India, 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 Shree Vari Multiplast India, 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 Shree Vari Multiplast India'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 Shree Vari Multiplast India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.98 Cr with Charge ID 100893047 was registered on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 5.60 Cr with Charge ID 100861513 was registered on 05 Feb 2024.

    05 Feb 2024

  • Annual General Meeting

    Shree Vari Multiplast India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shree Vari Multiplast India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100434751 was registered on 31 Mar 2021.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100337741 was registered on 15 May 2020.

    15 May 2020

Frequently asked questions

  • Shree Vari Multiplast India Private Limited was incorporated on 15 Nov 1999.

  • The authorized share capital of Shree Vari Multiplast India Private Limited is ₹ 2.70 Cr and paid-up capital is ₹ 2.34 Cr.

  • Currently 3 directors are associated with Shree Vari Multiplast India Private Limited.

    • Senthilmurugan Latha
    • Vadiappan Senthilmurugan
    • Senthilmurugan Vivek Karthic
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Vari Multiplast India Private Limited is Sf No 101/3 Mandampalyampirivu Kanji Kovil Road India, Perundurai, Tamil Nadu, 638052.

  • The corporate identification number (CIN) of Shree Vari Multiplast India Private Limited is U02520TZ1999PTC009079 and the company number is 009079 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Vari Multiplast India Private Limited is https://www.vvnational.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Vari Multiplast India Private Limited has risen by 14.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Vari Multiplast India Private Limited has experienced an upsurge of 9.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Vari Multiplast India Private Limited amount to ₹ 10.80 Cr.

  • The most recent Balance Sheet for Shree Vari Multiplast India Private Limited was filed with the ROC on 31 Mar 2023.