Varada Diamonds Private Limited

Diamond manufacturing, cutting, and selling company.

2014 | Bangalore, Karnataka (India) | Inactive
Last Updated: May 14, 2024

Varada Diamonds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2017
  • Revenue Growth 874.01%
  • Profit Growth -435.65%
  • Ebitda -813.76%
  • Net Worth -545.77%
  • Total Assets 42.58%

About Varada Diamonds

Varada Diamonds Private Limited (VDPL) is Strike Off company established on 25 Mar 2014 with its office registered at Bangalore, Karnataka, India and has been running since 10 Year, 10 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 14 May 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2014PTC074399

  • Company No.

    074399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2014

  • Date of AGM

    29 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

Who are the key members and board of directors at Varada Diamonds?

Board Members (2)

Name Designation Appointment Date Status
Kumarpal Jain Country flag representing In Director 25-Mar-2014 Current
Nikita Jain Country flag representing In Director 25-Mar-2014 Current

Financial Performance of Varada Diamonds.

Varada Diamonds Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 874.01% increase. The company also saw a substantial fall in profitability, with a 435.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 545.77%.

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
874.01%
Revenue from Operations
873.06%
Total Assets
42.58%
Profit or Loss
-435.65%
Net Worth
-545.77%
EBITDA
-813.76%

What is the Ownership and Shareholding Structure of Varada Diamonds?

In 2017, Varada Diamonds had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Varada Diamonds?

Unlock and access historical data on people associated with Varada Diamonds, 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 Varada Diamonds, 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 Varada Diamonds'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 Varada Diamonds

Recent activity within the organization

  • Annual General Meeting

    Varada Diamonds Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.

    29 Sep 2017

  • Balance Sheet

    Varada Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.

    31 Mar 2017

  • Director Appointment

    Kumarpal Jain was appointed as a Director was appointed as a Director on 25 Mar 2014 & has been associated with this company since 10 years 10 months .

    25 Mar 2014

  • Director Appointment

    Nikita Jain was appointed as a Director was appointed as a Director on 25 Mar 2014 & has been associated with this company since 10 years 10 months .

    25 Mar 2014

  • Company Incorporation

    Varada Diamonds Private Limited was registered on 25 Mar 2014 with Roc Bangalore & aged 10 years 10 months as per MCA records.

    25 Mar 2014

Frequently asked questions

  • Varada Diamonds Private Limited was incorporated on 25 Mar 2014.

  • The authorized share capital of Varada Diamonds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varada Diamonds Private Limited.

    • Kumarpal Jain
    • Nikita Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varada Diamonds Private Limited is Reliable Phoenix Towers, No.16 & 16/1 2Nd Floor Museum Road, Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Varada Diamonds Private Limited is U74900KA2014PTC074399 and the company number is 074399 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Varada Diamonds Private Limited has risen by 874.01%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Varada Diamonds Private Limited has experienced an downturn of -545.77%.

  • The most recent Balance Sheet for Varada Diamonds Private Limited was filed with the ROC on 31 Mar 2017.