Var Electrochem Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.76 M
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Dec 2023
- Satisfied Charges ₹ 3.28 Cr
- Revenue Growth -29.05%
- Profit Growth 406.74%
- Ebitda -294.61%
- Net Worth 39.33%
- Total Assets 56.97%
About Var Electrochem
Var Electrochem Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 1997 and has a history of 27 years and four months. Its registered office is in Hyderabad, Telangana, 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 December 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.76 M.
The company has closed loans amounting to ₹3.28 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Var Electrochem Private Limited India is Raghuvarma Kothapally as CEO. Raghuvarma Kothapally, Michel Hainaut, Bruno Tardiveau, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31402TG1997PTC028377
- Company No.
028377
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Nov 1997
- Date of AGM
19 Sep 2024
- Date of Balance Sheet
31 Dec 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Energy and Power
What products or services does Var Electrochem Private Limited offer?
Var Electrochem Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformers, Batteries & Charge Storage Devices, Industrial Batteries.
Who are the key members and board of directors at Var Electrochem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghuvarma Kothapally  | CEO | 30-Nov-1997 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghuvarma Kothapally | Whole-Time Director and Ceo | 30-Nov-1997 | Current |
Michel Hainaut  | Director | 17-May-2017 | Current |
| Bruno Tardiveau | Director | 17-May-2017 | Current |
Anne Sennet  | Director | 23-Dec-2020 | Current |
Financial Performance of Var Electrochem.
Var Electrochem Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 29.05% decrease. The company also saw a substantial improvement in profitability, with a 406.74% increase in profit. The company's net worth Soared by an impressive increase of 39.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Var Electrochem?
In 2020, Var Electrochem 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)
Aps-Asb Private LimitedMichel Hainaut, Bruno Tardiveau and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹32.80 M
Charges Breakdown by Lending Institutions
- Others : 2.16 Cr
- State Bank Of Kyderabad : 1.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2014 | Others | ₹2.16 Cr | Satisfied |
| 14 Dec 1998 | State Bank Of Kyderabad | ₹1.12 Cr | Satisfied |
How Many Employees Work at Var Electrochem?
Var Electrochem has a workforce of 84 employees as of Apr 01, 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 Var Electrochem, 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 Var Electrochem'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.
Latest Updates, News, and FAQs on Var Electrochem
Recent activity within the organization
- Annual General Meeting
Var Electrochem Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.
- Balance Sheet
Var Electrochem Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Hyderabad.
- Director Appointment
Anne Louise Sennet was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 3 months .
- Charges
A charge registered on 20 Jun 2014 via Charge ID 10508709 with Others was fully satisfied on 10 Oct 2018.
- Director Appointment
Michel Hainaut was appointed as a Director was appointed as a Director on 17 May 2017 & has been associated with this company since 7 years 10 months .
- Director Appointment
Bruno Tardiveau was appointed as a Director was appointed as a Director on 17 May 2017 & has been associated with this company since 7 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Var Electrochem Private Limited?
Var Electrochem Private Limited was incorporated on 19 Nov 1997.
What is authorized share capital and paid-up capital of Var Electrochem Private Limited?
The authorized share capital of Var Electrochem Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.76 M.
Who are the current board members & directors of Var Electrochem Private Limited?
Currently 5 directors are associated with Var Electrochem Private Limited.
- Raghuvarma Kothapally
- Michel Hainaut
- Bruno Tardiveau
- Anne Louise Sennet
- Raghuvarma Kothapally
What is the registered address of Var Electrochem Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Var Electrochem Private Limited is 201/3 Phase - Ii Sector-Iii Lane-V Ida Cherlapally, India, Hyderabad, Telangana, 500051.
What is the corporate identification number (CIN) and company number of Var Electrochem Private Limited?
The corporate identification number (CIN) of Var Electrochem Private Limited is U31402TG1997PTC028377 and the company number is 028377 as per Ministry of Corporate Affairs (MCA).
What is the official website of Var Electrochem Private Limited?
The Official website of Var Electrochem Private Limited is https://www.varelectrochem.in
What has been the recent revenue trend for Var Electrochem Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Var Electrochem Private Limited has fallen by -29.05%.
How many employees does Var Electrochem Private Limited currently have?
As Per 2020 financial reports, 84 employees are currently employed by Var Electrochem Private Limited.
What change has been observed in the net worth of Var Electrochem Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Var Electrochem Private Limited has experienced an upsurge of 39.33%.
When was the last Balance Sheet of Var Electrochem Private Limited filed with the ROC?
The most recent Balance Sheet for Var Electrochem Private Limited was filed with the ROC on 31 Dec 2023.
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