Varad Machining Private Limited

Provides job work for engineering components, machining parts, and valves.

1998 | Pune, Maharashtra (India) | Active
Last Updated: December 08, 2024

Varad Machining Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.77 M
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 0.25 M
  • Revenue Growth -63.79%
  • Profit Growth -63.61%
  • Ebitda -42.01%
  • Net Worth 10.53%
  • Total Assets 3.34%

About Varad Machining

Varad Machining Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 1998 and has a history of 26 years and three months. 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 2019. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.77 M.

The company currently has active open charges totaling ₹0.25 M.

Suresh Alhat and Shivraj Kedari 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

    U34300PN1998PTC012990

  • Company No.

    012990

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1998

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Varad Machining?

Board Members (2)

Name Designation Appointment Date Status
Suresh Alhat Country flag representing In Director 29-Oct-1998 Current
Shivraj Kedari Country flag representing In Director 30-Jun-2005 Current

Financial Performance of Varad Machining.

Varad Machining Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 63.79% decrease. The company also saw a substantial fall in profitability, with a 63.61% decrease in profit. The company's net worth Soared by an impressive increase of 10.53%.

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
-63.79%
Revenue from Operations
-63.79%
Total Assets
3.34%
Profit or Loss
-63.61%
Net Worth
10.53%
EBITDA
-42.01%

What is the Ownership and Shareholding Structure of Varad Machining?

In 2019, Varad Machining had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.25 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Ajara Orban Co-Op Bank Ltd : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
27 Oct 2001 The Ajara Orban Co-Op Bank Ltd ₹0.25 M Open

How Many Employees Work at Varad Machining?

Unlock and access historical data on people associated with Varad Machining, 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 Machining, 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 Machining'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 Machining

Recent activity within the organization

  • Annual General Meeting

    Varad Machining Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Varad Machining Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.

    31 Mar 2019

  • Director Appointment

    Shivraj Ravindra Kedari was appointed as a Director was appointed as a Director on 30 Jun 2005 & has been associated with this company since 19 years 7 months .

    30 Jun 2005

  • Charges

    A charge with The Ajara Orban Co-Op Bank Ltd amounted to Rs. 0.25 M with Charge ID 90085909 was registered on 27 Oct 2001.

    27 Oct 2001

  • Director Appointment

    Suresh Bajirao Alhat was appointed as a Director was appointed as a Director on 29 Oct 1998 & has been associated with this company since 26 years 3 months .

    29 Oct 1998

  • Company Incorporation

    Varad Machining Private Limited was registered on 29 Oct 1998 with Roc Pune & aged 26 years 3 months as per MCA records.

    29 Oct 1998

Frequently asked questions

  • Varad Machining Private Limited was incorporated on 29 Oct 1998.

  • The authorized share capital of Varad Machining Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.77 M.

  • Currently 2 directors are associated with Varad Machining Private Limited.

    • Suresh Bajirao Alhat
    • Shivraj Ravindra Kedari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varad Machining Private Limited is Flat No.F 1/16 Lakshadweep Plot No.75 Pcntda Benz Rd Bhosari, India, Pune, Maharashtra, 411026.

  • The corporate identification number (CIN) of Varad Machining Private Limited is U34300PN1998PTC012990 and the company number is 012990 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Varad Machining Private Limited has fallen by -63.79%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Varad Machining Private Limited has experienced an upsurge of 10.53%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Varad Machining Private Limited amount to ₹ 0.25 M.

  • The most recent Balance Sheet for Varad Machining Private Limited was filed with the ROC on 31 Mar 2019.

Similar Companies Based on Industrial Tools & Components