Varad Exim And Transport Services Private Limited

Provides transport services including sea freight, clearance, and forwarding.

2004 | Thane, Maharashtra (India) | Active
Last Updated: December 25, 2024

Varad Exim And Transport Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.04 Cr
  • Satisfied Charges ₹ 7.00 M
  • Revenue Growth -10.28%
  • Profit Growth -94.67%
  • Ebitda 39.24%
  • Net Worth -10.30%
  • Total Assets -19.49%

About Varad Exim And Transport Services

Varad Exim And Transport Services Private Limited (VEATSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 September 2004 and has a history of 20 years and four months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 1.00 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹4.04 Cr. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.

Vinayak Aparaj and Siddhi Aparaj serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51500MH2004PTC148587

  • Company No.

    148587

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Varad Exim And Transport Services Private Limited offer?

Varad Exim And Transport Services Private Limited offers a wide range of products and services, including Freight Forwarding Services, Sea Freight Forwarding, Cargo Transportation Services, Air Cargo Service, Clearing & Forwarding Services, Custom Clearing Service.

Who are the key members and board of directors at Varad Exim And Transport Services?

Board Members (2)

Name Designation Appointment Date Status
Vinayak Aparaj Country flag representing In Director 14-Sep-2004 Current
Siddhi Aparaj Country flag representing In Director 14-Sep-2004 Current

Financial Performance of Varad Exim And Transport Services.

Varad Exim And Transport Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 10.28% decrease. The company also saw a substantial fall in profitability, with a 94.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-10.28%
Revenue from Operations
-5.52%
Total Assets
-19.49%
Profit or Loss
-94.67%
Net Worth
-10.30%
EBITDA
39.24%

What is the Ownership and Shareholding Structure of Varad Exim And Transport Services?

In 2020, Varad Exim And Transport Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.04 Cr

Satisfied Charges

₹0.70 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.36 Cr
  • Reliance Home Finance Private Limited : 1.03 Cr
  • Indian Overseas Bank : 0.50 Cr
  • State Bank Of Patiala : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2023 Axis Bank Limited ₹6.60 M Open
23 Feb 2018 Axis Bank Limited ₹1.70 Cr Open
15 Apr 2011 Indian Overseas Bank ₹5.00 M Open
20 Aug 2010 Reliance Home Finance Private Limited ₹1.03 Cr Open
29 Oct 2007 State Bank Of Patiala ₹1.41 M Open

How Many Employees Work at Varad Exim And Transport Services?

Varad Exim And Transport Services has a workforce of 8 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varad Exim And Transport Services, 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 Exim And Transport Services's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Exim And Transport Services

Recent activity within the organization

  • Annual General Meeting

    Varad Exim And Transport Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varad Exim And Transport Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.66 Cr with Charge ID 100669555 was registered on 25 Jan 2023.

    25 Jan 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.70 Cr with Charge ID 100160674 was registered on 23 Feb 2018.

    23 Feb 2018

  • Charges

    A charge registered on 25 Mar 2011 via Charge ID 10307378 with Union Bank Of India was fully satisfied on 06 Mar 2017.

    06 Mar 2017

  • Charges

    A charge with Union Bank Of India of Rs. 0.70 Cr registered on 25 Mar 2011 with Charge ID 10307378 was modified on 14 Aug 2012.

    14 Aug 2012

Frequently asked questions

  • Varad Exim And Transport Services Private Limited was incorporated on 14 Sep 2004.

  • The authorized share capital of Varad Exim And Transport Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Varad Exim And Transport Services Private Limited.

    • Vinayak Balkrishna Aparaj
    • Siddhi Vinayak Aparaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varad Exim And Transport Services Private Limited is 108 Nerul Station Complexnerul India, Navi Mumbai, Maharashtra, 400706.

  • The corporate identification number (CIN) of Varad Exim And Transport Services Private Limited is U51500MH2004PTC148587 and the company number is 148587 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varad Exim And Transport Services Private Limited is https://www.varadlogistics.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varad Exim And Transport Services Private Limited has fallen by -10.28%.

  • As Per 2022 financial reports, 8 employees are currently employed by Varad Exim And Transport Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varad Exim And Transport Services Private Limited has experienced an downturn of -10.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varad Exim And Transport Services Private Limited amount to ₹ 4.04 Cr.

  • The most recent Balance Sheet for Varad Exim And Transport Services Private Limited was filed with the ROC on 31 Mar 2024.