Var Electrochem Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.76 M
- Company Age 27 Year, 2 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 two 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
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31402TG1997PTC028377
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Company No.
028377
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Nov 1997
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Date of AGM
19 Sep 2024
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Date of Balance Sheet
31 Dec 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
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
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CEO | 30-Nov-1997 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Raghuvarma Kothapally
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Whole-Time Director and Ceo | 30-Nov-1997 | Current |
Michel Hainaut
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Director | 17-May-2017 | Current |
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Bruno Tardiveau
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Director | 17-May-2017 | Current |
Anne Sennet
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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%.
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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)
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Aps-Asb Private LimitedMichel Hainaut, Bruno Tardiveau and 1 more are mutual person
Charges (Loans)
₹0
₹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.
