Vara Green Energy Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.76 Cr
- Company Age 36 Year, 11 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.00 Cr
- Satisfied Charges ₹ 1.39 M
- Revenue Growth -18.78%
- Profit Growth -202.36%
- Ebitda 539.43%
- Net Worth -9.10%
- Total Assets 35.66%
About Vara Green Energy
Vara Green Energy Private Limited (VGEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1989 and has a history of 36 years. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Shah Altube Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 4.76 Cr.
The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹1.39 M, as per Ministry of Corporate Affairs (MCA) records.
Mohit Jalan and Prakash Jalan serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U40100GJ1989PTC011804
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Company No.
011804
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jan 1989
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Date of AGM
16 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Vara Green Energy?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohit Jalan
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Director | 17-Mar-2014 | Current |
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Prakash Jalan
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Director | 17-Mar-2014 | Current |
Financial Performance of Vara Green Energy.
Vara Green Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.78% decrease. The company also saw a substantial fall in profitability, with a 202.36% decrease in profit. The company's net worth dipped by a decrease of 9.1%.
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What is the Ownership and Shareholding Structure of Vara Green Energy?
In 2023, Vara Green Energy 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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Rani Shakti Properties Llp
Mohit Jalan and Prakash Jalan are mutual person
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Thiaan Resources Llp
Mohit Jalan and Prakash Jalan are mutual person
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Kiva Capital Private Limited
Mohit Jalan and Prakash Jalan are mutual person
Charges (Loans)
₹18.00 Cr
₹0.14 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 18.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2020 | State Bank Of India | ₹18.00 Cr | Open |
| 14 Aug 1991 | Gujarat State Financial Corpn. | ₹1.39 M | Satisfied |
How Many Employees Work at Vara Green Energy?
Unlock and access historical data on people associated with Vara Green Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vara Green Energy, 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 Vara Green Energy'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
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