Varad Agri-Tech Limited
Produces and sells self-pollinated seeds for various crops across India.
1996 | Hyderabad, Telangana (India) | Active
Varad Agri-Tech Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.89 Cr
- Satisfied Charges ₹ 21.85 Cr
- Revenue Growth -46.09%
- Profit Growth -893.78%
- Ebitda -165.30%
- Net Worth -22.52%
- Total Assets -3.04%
About Varad Agri-Tech
Varad Agri-Tech Limited (VAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 January 1996 and has a history of 29 years and two months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹23.89 Cr. The company has closed loans amounting to ₹21.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kopparthi Surendra, Ambati Reddy, Amireddy Sanjeeva, 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
U52520TG1996PLC022976
- Company No.
022976
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jan 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Agriculture
What products or services does Varad Agri-Tech Limited offer?
Varad Agri-Tech Limited offers a wide range of products and services, including Grain Seed, Gram Seed, Millet Seed, Paddy Seeds, Vegetable Seeds, Cowpea Seed, Peanut, Groundnut Seeds, Tomato Seeds, Seeds and Plant Saplings.
Who are the key members and board of directors at Varad Agri-Tech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ambati Reddy  | Managing Director | 23-Jan-1996 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kopparthi Surendra | Director | 23-Jan-1996 | Current |
| Amireddy Sanjeeva | Director | 23-Jan-1996 | Current |
| Nagi Reddy | Additional Director | 17-Sep-2009 | Current |
Financial Performance of Varad Agri-Tech.
Varad Agri-Tech Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 46.09% decrease. The company also saw a substantial fall in profitability, with a 893.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varad Agri-Tech?
In 2022, Varad Agri-Tech 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)
- Mahankaleswara Agri Tech Private Limited
Ambati Reddy and Nagi Reddy are mutual person
Charges (Loans)
Open Charges
₹23.89 Cr
Satisfied Charges
₹21.85 Cr
Charges Breakdown by Lending Institutions
- Andhra Bank : 19.00 Cr
- Others : 4.75 Cr
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2021 | Hdfc Bank Limited | ₹1.42 M | Open |
| 08 Jun 2020 | Others | ₹3.05 Cr | Open |
| 08 Jun 2020 | Others | ₹1.70 Cr | Open |
| 23 Mar 2015 | Andhra Bank | ₹19.00 Cr | Open |
| 16 May 1997 | State Bank Of India | ₹21.85 Cr | Satisfied |
How Many Employees Work at Varad Agri-Tech?
Unlock and access historical data on people associated with Varad Agri-Tech, 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 Varad Agri-Tech, 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 Varad Agri-Tech'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 Varad Agri-Tech
Recent activity within the organization
- Annual General Meeting
Varad Agri-Tech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Varad Agri-Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100539541 was registered on 02 Dec 2021.
- Charges
A charge with Others amounted to Rs. 3.05 Cr with Charge ID 100350184 was registered on 08 Jun 2020.
- Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100350177 was registered on 08 Jun 2020.
- Charges
A charge registered on 16 May 1997 via Charge ID 90115480 with State Bank Of India was fully satisfied on 04 May 2015.
Frequently asked questions
What is the Incorporation or founding date of Varad Agri-Tech Limited?
Varad Agri-Tech Limited was incorporated on 23 Jan 1996.
What is authorized share capital and paid-up capital of Varad Agri-Tech Limited?
The authorized share capital of Varad Agri-Tech Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Varad Agri-Tech Limited?
Currently 4 directors are associated with Varad Agri-Tech Limited.
- Kopparthi Reddy Surendra
- Ambati Konda Reddy
- Amireddy Reddy Sanjeeva
- Nagi Godlaveeti Reddy
What is the registered address of Varad Agri-Tech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varad Agri-Tech Limited is 3-6-10/A/1 Flat No.103 1Stfloor Anasuya Commercial Complex Opp:Ttd Kalyana Mandapam Himayat Nagar, India, Hyderabad, Telangana, 500029.
What is the corporate identification number (CIN) and company number of Varad Agri-Tech Limited?
The corporate identification number (CIN) of Varad Agri-Tech Limited is U52520TG1996PLC022976 and the company number is 022976 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Varad Agri-Tech Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varad Agri-Tech Limited has fallen by -46.09%.
What change has been observed in the net worth of Varad Agri-Tech Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varad Agri-Tech Limited has experienced an downturn of -22.52%.
What are the total open charges for Varad Agri-Tech Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Varad Agri-Tech Limited amount to ₹ 23.89 Cr.
When was the last Balance Sheet of Varad Agri-Tech Limited filed with the ROC?
The most recent Balance Sheet for Varad Agri-Tech Limited was filed with the ROC on 31 Mar 2024.