Shri Varu Polytex Private Limited

Manufacturer of packaging sacks and agricultural crops, offering various types of bags and fabric.

1982 | Chandauli, Uttar Pradesh (India) | Active
Last Updated: July 02, 2024

Shri Varu Polytex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 43 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.17 Cr
  • Revenue Growth -15.78%
  • Profit Growth -37.87%
  • Ebitda -0.01%
  • Net Worth 13.36%
  • Total Assets 7.81%

About Shri Varu Polytex

Shri Varu Polytex Private Limited (SVPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 1982 and has a history of 43 years. Its registered office is in Chandauli, Uttar Pradesh, India.

The Corporate was formerly known as R R Dal Mill Industries Private Limited. The Company is engaged in the Packaging 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 Cr and a paid-up capital of Rs 4.45 Cr.

The company currently has active open charges totaling ₹23.17 Cr.

Hari Singh, Rupesh Malhotra, Sunita Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandauli, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varupoly.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25313UP1982PTC005555

  • Company No.

    005555

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Packaging

Who are the key members and board of directors at Shri Varu Polytex?

Board Members (4)

NameDesignationAppointment DateStatus
Hari Singh Country flag representing In Director 15-May-2021Current
Rupesh Malhotra Country flag representing In Additional Director 23-Apr-2021Current
Sunita Jain Country flag representing In Director 12-Aug-2016Current
Anmol Jain Country flag representing In Director 01-Mar-2014Current

Financial Performance of Shri Varu Polytex.

Shri Varu Polytex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.78% decrease. The company also saw a substantial fall in profitability, with a 37.87% decrease in profit. The company's net worth Soared by an impressive increase of 13.36%.

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
-15.78%
Revenue from Operations
-16.08%
Total Assets
7.81%
Profit or Loss
-37.87%
Net Worth
13.36%
EBITDA
-0.01%

What is the Ownership and Shareholding Structure of Shri Varu Polytex?

In 2023, Shri Varu Polytex had a promoter holding of 99.94% and a public holding of 0.06%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.17 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 21.39 Cr
  • Others : 1.14 Cr
  • Hdfc Bank Limited : 0.63 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2022Others₹9.52 MOpen
21 Aug 2021Hdfc Bank Limited₹6.33 MOpen
28 Jul 2020Others₹1.90 MOpen
14 Feb 2017State Bank Of India₹21.39 CrOpen

How Many Employees Work at Shri Varu Polytex?

Shri Varu Polytex has a workforce of 20 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shri Varu Polytex, 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 Varu Polytex'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 Shri Varu Polytex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 21.39 Cr registered on 14 Feb 2017 with Charge ID 100108305 was modified on 27 Jun 2023.

    27 Jun 2023

  • Balance Sheet

    Shri Varu Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100603628 was registered on 30 Aug 2022.

    30 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.63 Cr with Charge ID 100486901 was registered on 21 Aug 2021.

    21 Aug 2021

  • Director Appointment

    Hari Singh was appointed as a Director was appointed as a Director on 15 May 2021 & has been associated with this company since 3 years 9 months .

    15 May 2021

Frequently asked questions

  • Shri Varu Polytex Private Limited was incorporated on 11 Feb 1982.

  • The authorized share capital of Shri Varu Polytex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.45 Cr.

  • Currently 4 directors are associated with Shri Varu Polytex Private Limited.

    • Hari Singh
    • Rupesh Kumar Malhotra
    • Sunita Jain
    • Anmol Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Varu Polytex Private Limited is 1 M Mauja Senghar Ralhupur, Chandauli, Uttar Pradesh, India, 221110.

  • The corporate identification number (CIN) of Shri Varu Polytex Private Limited is U25313UP1982PTC005555 and the company number is 005555 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Varu Polytex Private Limited is https://www.varupoly.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shri Varu Polytex Private Limited has fallen by -15.78%.

  • As Per 2023 financial reports, 20 employees are currently employed by Shri Varu Polytex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shri Varu Polytex Private Limited has experienced an upsurge of 13.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shri Varu Polytex Private Limited amount to ₹ 23.17 Cr.

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

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