Varad Logistics Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.30 M
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.48 Cr
- Satisfied Charges ₹ 9.50 M
- Revenue Growth 0.59%
- Profit Growth 49.05%
- Ebitda 32.11%
- Net Worth 9.81%
- Total Assets -4.09%
About Varad Logistics
Varad Logistics Private Limited (VLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 2011 and has a history of 13 years and nine 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 2.50 M and a paid-up capital of Rs 0.30 M.
The company currently has active open charges totaling ₹3.48 Cr. The company has closed loans amounting to ₹9.50 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
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63030MH2011PTC218940
- Company No.
218940
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jun 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Who are the key members and board of directors at Varad Logistics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinayak Aparaj  | Director | 22-Jun-2011 | Current |
| Siddhi Aparaj | Director | 22-Jun-2011 | Current |
Financial Performance of Varad Logistics.
Varad Logistics Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.59% increase. The company also saw a substantial improvement in profitability, with a 49.05% increase in profit. The company's net worth moved up by a moderate rise of 9.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varad Logistics?
In 2021, Varad Logistics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Brihanmumbai Custom Brokers AssociationVinayak Aparaj is a mutual person
- Varad Exim And Transport Services Private Limited
Vinayak Aparaj and Siddhi Aparaj are mutual person
Charges (Loans)
Open Charges
₹34.80 M
Satisfied Charges
₹9.50 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.98 Cr
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2022 | Axis Bank Limited | ₹6.60 M | Open |
| 28 Feb 2019 | Others | ₹2.50 M | Open |
| 04 Dec 2018 | Others | ₹2.50 M | Open |
| 20 Jan 2018 | Axis Bank Limited | ₹2.32 Cr | Open |
| 04 Mar 2016 | Others | ₹9.50 M | Satisfied |
How Many Employees Work at Varad Logistics?
Varad Logistics has a workforce of 9 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 Logistics, 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 Logistics'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 Logistics
Recent activity within the organization
- Annual General Meeting
Varad Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Varad Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited of Rs. 6.60 M registered on 20 Sep 2022 with Charge ID 100612995 was modified on 25 Jan 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 6.60 M with Charge ID 100612995 was registered on 20 Sep 2022.
- Charges
A charge registered on 04 Mar 2016 via Charge ID 100032077 with Others was fully satisfied on 28 Jul 2019.
- Charges
A charge with Axis Bank Limited of Rs. 23.20 M registered on 20 Jan 2018 with Charge ID 100152685 was modified on 04 Jun 2019.
Frequently asked questions
What is the Incorporation or founding date of Varad Logistics Private Limited?
Varad Logistics Private Limited was incorporated on 22 Jun 2011.
What is authorized share capital and paid-up capital of Varad Logistics Private Limited?
The authorized share capital of Varad Logistics Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.30 M.
Who are the current board members & directors of Varad Logistics Private Limited?
Currently 2 directors are associated with Varad Logistics Private Limited.
- Vinayak Balkrishna Aparaj
- Siddhi Vinayak Aparaj
What is the registered address of Varad Logistics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varad Logistics Private Limited is F-108 1St Floor Nerul Railway Station Complex Sector 20, (West) India, Navi Mumbai, Maharashtra, 400706.
What is the corporate identification number (CIN) and company number of Varad Logistics Private Limited?
The corporate identification number (CIN) of Varad Logistics Private Limited is U63030MH2011PTC218940 and the company number is 218940 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varad Logistics Private Limited?
The Official website of Varad Logistics Private Limited is https://www.varadlogistics.com
What has been the recent revenue trend for Varad Logistics Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varad Logistics Private Limited has risen by 0.59%.
How many employees does Varad Logistics Private Limited currently have?
As Per 2022 financial reports, 9 employees are currently employed by Varad Logistics Private Limited.
What change has been observed in the net worth of Varad Logistics Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varad Logistics Private Limited has experienced an upsurge of 9.81%.
What are the total open charges for Varad Logistics Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Varad Logistics Private Limited amount to ₹ 3.48 Cr.
When was the last Balance Sheet of Varad Logistics Private Limited filed with the ROC?
The most recent Balance Sheet for Varad Logistics Private Limited was filed with the ROC on 31 Mar 2024.