Varad Ferro-Alloys Private Limited

Retail trading of scrap, wire, TMT bars, and related commodities.

2017 | Jalna, Maharashtra (India) | Active
Last Updated: January 04, 2025

Varad Ferro-Alloys Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 1.53 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth 1.09%
  • Profit Growth 1902.79%
  • Ebitda 788.59%
  • Net Worth 1212.62%
  • Total Assets 60.09%

About Varad Ferro-Alloys

Varad Ferro-Alloys Private Limited (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2017 (Seven years and six months 18 days old ). Its registered office is in Jalna, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 10.00 Cr and a paid-up capital of Rs 1.53 M.

The company currently has active open charges totaling ₹4.00 Cr.

Dipesh Mandhani and Gaurav Kasat serve as directors at the Company.

Company Details

  • Location

    Jalna, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310MH2017PTC297429

  • Company No.

    297429

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Varad Ferro-Alloys?

Board Members (2)

Name Designation Appointment Date Status
Dipesh Mandhani Country flag representing In Director 17-Jul-2017 Current
Gaurav Kasat Country flag representing In Director 18-Jun-2019 Current

Financial Performance of Varad Ferro-Alloys.

Varad Ferro-Alloys Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.09% increase. The company also saw a substantial improvement in profitability, with a 1902.79% increase in profit. The company's net worth Soared by an impressive increase of 1212.62%.

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
1.09%
Revenue from Operations
-1.32%
Total Assets
60.09%
Profit or Loss
1902.79%
Net Worth
1212.62%
EBITDA
788.59%

What is the Ownership and Shareholding Structure of Varad Ferro-Alloys?

In 2023, Varad Ferro-Alloys had a public holding of 93.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2022 State Bank Of India ₹4.00 Cr Open

How Many Employees Work at Varad Ferro-Alloys?

Unlock and access historical data on people associated with Varad Ferro-Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varad Ferro-Alloys, 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 Ferro-Alloys'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 Ferro-Alloys

Recent activity within the organization

  • Annual General Meeting

    Varad Ferro-Alloys 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 Ferro-Alloys 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 State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100594986 was registered on 30 Jun 2022.

    30 Jun 2022

  • Director Appointment

    Gaurav Kasat was appointed as a Director was appointed as a Director on 18 Jun 2019 & has been associated with this company since 5 years 7 months .

    18 Jun 2019

  • Director Appointment

    Dipesh Nandkishorji Mandhani was appointed as a Director was appointed as a Director on 17 Jul 2017 & has been associated with this company since 7 years 6 months .

    17 Jul 2017

  • Company Incorporation

    Varad Ferro-Alloys Private Limited was registered on 17 Jul 2017 with Roc Mumbai & aged 7 years 6 months as per MCA records.

    17 Jul 2017

Frequently asked questions

  • Varad Ferro-Alloys Private Limited was incorporated on 17 Jul 2017.

  • The authorized share capital of Varad Ferro-Alloys Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.53 M.

  • Currently 2 directors are associated with Varad Ferro-Alloys Private Limited.

    • Dipesh Nandkishorji Mandhani
    • Gaurav Kasat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varad Ferro-Alloys Private Limited is Santosh Hybrid Seeds Co. Pvt. Ltd. Survey No. 137 Part Bhokardan Road, Opp. Dhawleshw Temple India, Jalna, Maharashtra, 431203.

  • The corporate identification number (CIN) of Varad Ferro-Alloys Private Limited is U27310MH2017PTC297429 and the company number is 297429 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varad Ferro-Alloys Private Limited has risen by 1.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varad Ferro-Alloys Private Limited has experienced an upsurge of 1212.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varad Ferro-Alloys Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Varad Ferro-Alloys Private Limited was filed with the ROC on 31 Mar 2024.

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