Shri Vaari Electricals Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 141.36 Cr
- Revenue Growth 1.53%
- Profit Growth 12.03%
- Ebitda 2.43%
- Net Worth 11.20%
- Total Assets 19.58%
About Shri Vaari Electricals
Shri Vaari Electricals Private Limited (SVEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2005 and has a history of 19 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Energy And Power 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹141.36 Cr.
Venkatachalam Rengarajan, Jayanthi, Nataraja Sivagaminathan, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200TN2005PTC055967
- Company No.
055967
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Apr 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Shri Vaari Electricals Private Limited offer?
Shri Vaari Electricals Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Lamps, High Power LED Lamp, Calibrators & Monitoring Systems, Digital Indicator, Architectural & Civil Engineering, Engineering Consultant Service, VFD, PLC, HMI & Control Equipments, Control Equipment.
Who are the key members and board of directors at Shri Vaari Electricals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatachalam Rengarajan  | Managing Director | 13-Apr-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayanthi | Director | 11-Jun-2007 | Current |
| Nataraja Sivagaminathan | Director | 11-Jun-2007 | Current |
| Kousalya Rengarajan | Director | 13-Apr-2005 | Current |
| Radha Kumar | Director | 24-Jul-2023 | Current |
Financial Performance of Shri Vaari Electricals.
Shri Vaari Electricals Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.53% increase. The company also saw a substantial improvement in profitability, with a 12.03% increase in profit. The company's net worth Soared by an impressive increase of 11.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Shri Vaari Electricals?
In 2023, Shri Vaari Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shrivaari Electrotech Private LimitedVenkatachalam Rengarajan, Jayanthi and 2 more are mutual person
Infinite Electrotech Private LimitedVenkatachalam Rengarajan and Nataraja Sivagaminathan are mutual person
Shri Vaari Energy Solutions Private LimitedJayanthi and Kousalya Rengarajan are mutual person
Charges (Loans)
₹1,413.62 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 60.17 Cr
- Indian Bank : 47.69 Cr
- Others : 33.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Others | ₹30.00 Cr | Open |
| 11 Nov 2020 | Axis Bank Limited | ₹60.17 Cr | Open |
| 22 Jul 2020 | Others | ₹1.50 Cr | Open |
| 22 Jul 2020 | Others | ₹2.00 Cr | Open |
| 07 Jul 2020 | Indian Bank | ₹2.74 Cr | Open |
How Many Employees Work at Shri Vaari Electricals?
Shri Vaari Electricals has a workforce of 274 employees as of Mar 31, 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 Shri Vaari Electricals, 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 Shri Vaari Electricals'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.