Sri Varalakshmi Motors Private Limited

Sri Varalakshmi Motors Private Limited

Authorized dealer for Hero Motocorp two-wheelers in Andhra Pradesh, established in 2005.
2005 | Vizianagaram, Andhra Pradesh (India) | Active

Last Updated:

July 04, 2024
HomeCompanySri Varalakshmi Motors Private Limited

Who are the key members and board of directors at Sri Varalakshmi Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Sairam Narayanam InManaging Director24-May-2005Current

Board Members(1)

NameDesignationAppointment DateStatus
Kanugonda Vikrant In Director 24-May-2005Current

Financial Performance of Sri Varalakshmi Motors.

Sri Varalakshmi Motors Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 58.13% decrease. The company also saw a substantial improvement in profitability, with a 54.78% increase in profit. The company's net worth observed a substantial decline by a decrease of 43.59%.

Revenue Growth Graph
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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
-58.13%
Revenue from Operations
-59.97%
Total Assets
-2.24%
Profit or Loss
54.78%
Net Worth
-43.59%
EBITDA
-28.70%

Charges (Loans)

Open Charges Satisfied Charges

₹8.84 Cr

₹10.00 Cr

LenderAmountStatus

Others

Creation Date: 02 Nov 2018
₹8.84 CrOpen

Tata Capital Financial Services Limited

Creation Date: 20 Oct 2018
₹2.50 CrSatisfied

Indusind Bank Ltd.

Creation Date: 17 Jan 2011
₹7.50 MSatisfied

How Many Employees Work at Sri Varalakshmi Motors?

Sri Varalakshmi Motors has a workforce of 11 employees as of Apr 05, 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 Sri Varalakshmi Motors

Recent activity within the organization

  • Annual General Meeting

    Sri Varalakshmi Motors Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Sri Varalakshmi Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.

    31 Mar 2021

  • Charges

    A charge registered on 20 Oct 2018 via Charge ID 100219265 with Tata Capital Financial Services Limited was fully satisfied on 18 Nov 2020.

    18 Nov 2020

  • Charges

    A charge with Others of Rs. 8.84 Cr registered on 02 Nov 2018 with Charge ID 100223526 was modified on 21 Jul 2020.

    21 Jul 2020

  • Charges

    A charge registered on 10 Nov 2006 via Charge ID 10041086 with Punjab National Bank was fully satisfied on 25 Mar 2019.

    25 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 8.84 Cr with Charge ID 100223526 was registered on 02 Nov 2018.

    02 Nov 2018

Frequently asked questions

  • Sri Varalakshmi Motors Private Limited was incorporated on 24 May 2005.

  • The authorized share capital of Sri Varalakshmi Motors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Sri Varalakshmi Motors Private Limited.

    • Sairam Venkata Reddy Narayanam
    • Kanugonda Vikrant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Varalakshmi Motors Private Limited is D.No.8-32-11StlaneV.T.AgraharamYjunctionNearanjaneyaswamytemple, Vizianagaram, Andhra Pradesh, India, 535004.

  • The corporate identification number (CIN) of Sri Varalakshmi Motors Private Limited is U34102AP2005PTC046321 and the company number is 046321 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Varalakshmi Motors Private Limited is https://www.heromotocorp.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Varalakshmi Motors Private Limited has fallen by -58.13%.

  • As Per 2021 financial reports, 11 employees are currently employed by Sri Varalakshmi Motors Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Varalakshmi Motors Private Limited has experienced an downturn of -43.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sri Varalakshmi Motors Private Limited amount to ₹ 8.84 Cr.

  • The most recent Balance Sheet for Sri Varalakshmi Motors Private Limited was filed with the ROC on 31 Mar 2021.

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