Sri Varalaxmi Ventures Private Limited

Construction company established in 2006, based in Chennai, Tamil Nadu.

2006 | Chennai 600017, Tamil Nadu (India) | Active
Last Updated: December 02, 2024

Sri Varalaxmi Ventures Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 3.40 Cr
  • Satisfied Charges ₹ 8.15 Cr
  • Revenue Growth 56.29%
  • Profit Growth 44.26%
  • Ebitda 1485.26%
  • Net Worth 1.51%
  • Total Assets 5.13%

About Sri Varalaxmi Ventures

Sri Varalaxmi Ventures Private Limited (SVVPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 May 2006 and has a history of 18 years and eight months. Its registered office is in Chennai 600017, Tamil Nadu.

The Corporate was formerly known as Sri Varalaxmi Shelters Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹8.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramakrishnan Rajanbabu and Rajanbabu Meenakshi serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201TN2006PTC059977

  • Company No.

    059977

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2006

  • Date of AGM

    06 Dec 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Sri Varalaxmi Ventures Private Limited offer?

Sri Varalaxmi Ventures Private Limited offers a wide range of products and services, including Residential Construction Projects, House Construction Services, Building Construction, Building Construction Project.

Who are the key members and board of directors at Sri Varalaxmi Ventures?

Board Members (2)

NameDesignationAppointment DateStatus
Ramakrishnan Rajanbabu Country flag representing In Director 06-Jul-2006Current
Rajanbabu Meenakshi Country flag representing In Director 20-Oct-2018Current

Financial Performance of Sri Varalaxmi Ventures.

Sri Varalaxmi Ventures Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.29% increase. The company also saw a substantial improvement in profitability, with a 44.26% increase in profit. The company's net worth moved up by a moderate rise of 1.51%.

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
56.29%
Revenue from Operations
80.26%
Total Assets
5.13%
Profit or Loss
44.26%
Net Worth
1.51%
EBITDA
1485.26%

What is the Ownership and Shareholding Structure of Sri Varalaxmi Ventures?

In 2022, Sri Varalaxmi Ventures had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.00 M

Satisfied Charges

₹81.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.60 Cr
  • State Bank Of Hyderabad : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
19 Feb 2020Canara Bank₹2.60 CrOpen
11 Jul 2014State Bank Of Hyderabad₹8.00 MOpen
27 Nov 2009State Bank Of Hyderabad₹5.15 CrSatisfied
12 Sep 2006State Bank Of Indore₹3.00 CrSatisfied

How Many Employees Work at Sri Varalaxmi Ventures?

Unlock and access historical data on people associated with Sri Varalaxmi Ventures, 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 Sri Varalaxmi Ventures, 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 Sri Varalaxmi Ventures'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 Sri Varalaxmi Ventures

Recent activity within the organization

  • Annual General Meeting

    Sri Varalaxmi Ventures Private Limited last Annual general meeting of members was held on 06 Dec 2022 as per latest MCA records.

    06 Dec 2022

  • Balance Sheet

    Sri Varalaxmi Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Charges

    A charge with Canara Bank of Rs. 26.00 M registered on 19 Feb 2020 with Charge ID 100330385 was modified on 16 Dec 2021.

    16 Dec 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 26.00 M with Charge ID 100330385 was registered on 19 Feb 2020.

    19 Feb 2020

  • Director Appointment

    Rajanbabu Meenakshi was appointed as a Director was appointed as a Director on 20 Oct 2018 & has been associated with this company since 6 years 3 months .

    20 Oct 2018

  • Charges

    A charge with State Bank Of Hyderabad amounted to Rs. 8.00 M with Charge ID 10512137 was registered on 11 Jul 2014.

    11 Jul 2014

Frequently asked questions

  • Sri Varalaxmi Ventures Private Limited was incorporated on 25 May 2006.

  • The authorized share capital of Sri Varalaxmi Ventures Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Sri Varalaxmi Ventures Private Limited.

    • Ramakrishnan Rajanbabu
    • Rajanbabu Meenakshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Varalaxmi Ventures Private Limited is Old No.33, New No.20Sarojini Stgreet Thiyagaraya Nagar India, Chennai 600017, Tamil Nadu.

  • The corporate identification number (CIN) of Sri Varalaxmi Ventures Private Limited is U45201TN2006PTC059977 and the company number is 059977 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Varalaxmi Ventures Private Limited is https://www.srivaralaxmishelters.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Varalaxmi Ventures Private Limited has risen by 56.29%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Varalaxmi Ventures Private Limited has experienced an upsurge of 1.51%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sri Varalaxmi Ventures Private Limited amount to ₹ 3.40 Cr.

  • The most recent Balance Sheet for Sri Varalaxmi Ventures Private Limited was filed with the ROC on 31 Mar 2022.

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