Varad Forge Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 14 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.05 Cr
- Satisfied Charges ₹ 1.35 Cr
- Revenue Growth 61.82%
- Profit Growth 36.81%
- Ebitda 29.89%
- Net Worth -7.95%
- Total Assets -12.16%
About Varad Forge
Varad Forge Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 January 2011 and has a history of 14 years and one month. Its registered office is in Pune, Maharashtra, India.
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.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
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 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
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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 LlpRajesh Tope is a mutual person
- Parthraj Developers Private Limited
Rajesh Tope is a mutual person
- D.R.T Trading Private Limited
Rajesh Tope is a mutual person
- D. R. T. Advisors Private Limited
Rajesh Tope is a mutual person
- Matsyodari Investment & Holdings Private Limited
Rajesh Tope is a mutual person
- Hotel Vaishali Private Limited
Rajesh Tope is a mutual person
Charges (Loans)
Open Charges
₹60.50 M
Satisfied Charges
₹13.50 M
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 6.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2011 | Bank Of Baroda | ₹6.05 Cr | Open |
| 04 Dec 2019 | Others | ₹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.
Latest Updates, News, and FAQs on Varad Forge
Recent activity within the organization
- Annual General Meeting
Varad Forge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Varad Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge registered on 04 Dec 2019 via Charge ID 100311800 with Others was fully satisfied on 07 Jun 2021.
- Charges
A charge with Others amounted to Rs. 13.50 M with Charge ID 100311800 was registered on 04 Dec 2019.
- Charges
A charge with Bank Of Baroda of Rs. 60.50 M registered on 01 Aug 2011 with Charge ID 10301976 was modified on 18 Jan 2014.
- Director Appointment
Rajesh Ankushrao Tope was appointed as a Director was appointed as a Director on 08 Aug 2011 & has been associated with this company since 13 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Varad Forge Private Limited?
Varad Forge Private Limited was incorporated on 06 Jan 2011.
What is authorized share capital and paid-up capital of Varad Forge Private Limited?
The authorized share capital of Varad Forge Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Varad Forge Private Limited?
Currently 3 directors are associated with Varad Forge Private Limited.
- Rajesh Ankushrao Tope
- Sangram Kirtikumar Desai
- Varsha Sangram Desai
What is the registered address of Varad Forge Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varad Forge Private Limited is E 503 Daffodils Magarpatta City, India, Pune, Maharashtra, 411013.
What is the corporate identification number (CIN) and company number of Varad Forge Private Limited?
The corporate identification number (CIN) of Varad Forge Private Limited is U28110PN2011PTC138205 and the company number is 138205 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varad Forge Private Limited?
The Official website of Varad Forge Private Limited is https://www.varadforge.com
What has been the recent revenue trend for Varad Forge Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varad Forge Private Limited has risen by 61.82%.
How many employees does Varad Forge Private Limited currently have?
As Per 2022 financial reports, 37 employees are currently employed by Varad Forge Private Limited.
What change has been observed in the net worth of Varad Forge Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varad Forge Private Limited has experienced an downturn of -7.95%.
What are the total open charges for Varad Forge Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Varad Forge Private Limited amount to ₹ 6.05 Cr.
When was the last Balance Sheet of Varad Forge Private Limited filed with the ROC?
The most recent Balance Sheet for Varad Forge Private Limited was filed with the ROC on 31 Mar 2023.