Shri Vaari Electricals Private Limited logo

Shri Vaari Electricals Private Limited

Engineering firm manufacturing power control panels and providing EPC services to clients globally.
2005 | Chennai, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanyShri Vaari Electricals Private Limited

Who are the key members and board of directors at Shri Vaari Electricals?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatachalam Rengarajan InManaging Director13-Apr-2005Current

Board Members(4)

NameDesignationAppointment DateStatus
Jayanthi In Director 11-Jun-2007Current
Nataraja Sivagaminathan In Director 11-Jun-2007Current
Kousalya Rengarajan In Director 13-Apr-2005Current
Radha Kumar In Director 24-Jul-2023Current

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%.

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  • 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
1.53%
Revenue from Operations
1.26%
Total Assets
19.58%
Profit or Loss
12.03%
Net Worth
11.20%
EBITDA
2.43%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1,413.62 M

LenderAmountStatus

Others

Creation Date: 30 Aug 2024
₹30.00 CrOpen

Axis Bank Limited

Creation Date: 11 Nov 2020
₹60.17 CrOpen

Others

Creation Date: 22 Jul 2020
₹1.50 CrOpen

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.

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Latest Updates, News, and FAQs on Shri Vaari Electricals

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 300.00 M with Charge ID 100979168 was registered on 30 Aug 2024.

    30 Aug 2024

  • Annual General Meeting

    Shri Vaari Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Radha Krishnan Rakesh Kumar was appointed as a Director was appointed as a Director on 24 Jul 2023 & has been associated with this company since 1 year 5 months .

    24 Jul 2023

  • Balance Sheet

    Shri Vaari Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 601.70 M registered on 11 Nov 2020 with Charge ID 100411406 was modified on 10 Feb 2022.

    10 Feb 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 601.70 M with Charge ID 100411406 was registered on 11 Nov 2020.

    11 Nov 2020

Frequently asked questions

  • Shri Vaari Electricals Private Limited was incorporated on 13 Apr 2005.

  • The authorized share capital of Shri Vaari Electricals Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Shri Vaari Electricals Private Limited.

    • Venkatachalam Rengarajan
    • Jayanthi
    • Nataraja Pillai Sivagaminathan
    • Kousalya Rengarajan
    • Radha Krishnan Rakesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Vaari Electricals Private Limited is C.37 Thiruvika Industrial Estate Guindy India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Shri Vaari Electricals Private Limited is U31200TN2005PTC055967 and the company number is 055967 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Vaari Electricals Private Limited is https://www.shrivaarielectricals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shri Vaari Electricals Private Limited has risen by 1.53%.

  • As Per 2023 financial reports, 274 employees are currently employed by Shri Vaari Electricals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shri Vaari Electricals Private Limited has experienced an upsurge of 11.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shri Vaari Electricals Private Limited amount to ₹ 141.36 Cr.

  • The most recent Balance Sheet for Shri Vaari Electricals Private Limited was filed with the ROC on 31 Mar 2023.

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