Varad Agri-Tech Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 29 Year, 1 Month
- 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 -198.50%
- 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 one month. 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.
Ambati Reddy, Amireddy Sanjeeva, Nagi Reddy, 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
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 |
|---|---|---|---|
| Amireddy Sanjeeva | Director | 23-Jan-1996 | Current |
| Nagi Reddy | Additional Director | 17-Sep-2009 | Current |
| Kopparthi Surendra | Director | 23-Jan-1996 | 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
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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 LimitedAmbati Reddy and Nagi Reddy are mutual person
Charges (Loans)
₹23.89 Cr
₹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 | ₹1.70 Cr | Open |
| 08 Jun 2020 | Others | ₹3.05 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
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Alerts
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