Varad Forge Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 14 Year, 26 Days
- 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. 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
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28110PN2011PTC138205
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Company No.
138205
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Jan 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
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
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Managing Director | 06-Jan-2011 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rajesh Tope
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Director | 08-Aug-2011 | Current |
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Varsha Desai
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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%.
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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)
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Allied Blenders And Distillers Maharashtra LlpRajesh Tope is a mutual person
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Parthraj Developers Private Limited
Rajesh Tope is a mutual person
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D.R.T Trading Private Limited
Rajesh Tope is a mutual person
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D. R. T. Advisors Private Limited
Rajesh Tope is a mutual person
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Matsyodari Investment & Holdings Private Limited
Rajesh Tope is a mutual person
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Hotel Vaishali Private Limited
Rajesh Tope is a mutual person
Charges (Loans)
₹60.50 M
₹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
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