Varad Forge Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 06-07-2024
- Paid Up Capital ₹ 5.00 M
as on 06-07-2024
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.05 Cr
as on 06-07-2024
- Satisfied Charges ₹ 1.35 Cr
as on 06-07-2024
- Revenue 61.82%
(FY 2022)
- Profit 36.81%
(FY 2022)
- Ebitda 29.89%
(FY 2022)
- Net Worth -7.95%
(FY 2022)
- Total Assets -12.16%
(FY 2022)
About Varad Forge
The Company is engaged in the Machinery And Equipment 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 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹6.05 Cr. The company has closed loans amounting to ₹1.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Tope, Sangram Desai, and Varsha Desai serve as directors at the Company.
- CIN/LLPIN
U28110PN2011PTC138205
- Company No.
138205
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jan 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Varad Forge Private Limited offer?
Varad Forge Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Steering Parts & Components, Steering Parts, Engine & Engine Spare Parts, Engine Components, Commercial Vehicle Spare Parts, Axle, Crankshafts, Connecting Rod.
Who are the key members and board of directors at Varad Forge?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sangram Desai  | Managing Director | 06-Jan-2011 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Tope | Director | 08-Aug-2011 | Current |
| Varsha Desai | Director | 06-Jan-2011 | Current |
Financial Performance and Corporate Structure Insights of Varad Forge.
Varad Forge Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 61.82% increase. The company also saw a substantial improvement in profitability, with a 36.81% increase in profit. The company's net worth dipped by a decrease of 7.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Varad Forge?
Unlock access to Varad Forge's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Allied Blenders And Distillers Maharashtra LlpActive 2 years 6 monthsRajesh Tope is a mutual person
- Matsyodari Investment & Holdings Private LimitedActive 13 years 7 months
Rajesh Tope is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of Baroda Creation Date: 01 Aug 2011 | ₹6.05 Cr | Open |
Others Creation Date: 04 Dec 2019 | ₹1.35 Cr | Satisfied |
How Many Employees Work at Varad Forge?
Varad Forge has a workforce of 37 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varad Forge, 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 Forge'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.
