Varada Leasing And Investments Limited

Provides non-banking financial services for hire purchase and leasing operations.

1993 | Kumta, Karnataka (India) | Under Liquidation
Last Updated: December 20, 2024

Varada Leasing And Investments Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.53 M
  • Company Age 32 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 790.34%
  • Profit Growth 198.12%
  • Ebitda 92.78%
  • Net Worth 40.70%
  • Total Assets -0.69%

About Varada Leasing And Investments

Varada Leasing And Investments Limited (VLAIL) is Under Liquidation company established on 21 Jan 1993 with its office registered at and has been running since 32 Year, 8 Days with a paid up capital of 6.53 M. According to MCA records, 3 Directors are linked to this company as of 20 Dec 2024.

Company Details

  • Location
    Kumta, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1993PLC013917

  • Company No.

    013917

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 1993

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Varada Leasing And Investments?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatraman Govind Country flag representing In Managing Director01-Jan-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Sharada Shetty Country flag representing In Director 29-Sep-2010Current
Sudhir Pandith Country flag representing In Director 21-Jan-1993Current

Financial Performance of Varada Leasing And Investments.

Varada Leasing And Investments Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 790.34% increase. The company also saw a substantial improvement in profitability, with a 198.12% increase in profit. The company's net worth Soared by an impressive increase of 40.7%.

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
790.34%
Revenue from Operations
-5.93%
Total Assets
-0.69%
Profit or Loss
198.12%
Net Worth
40.70%
EBITDA
92.78%

What is the Ownership and Shareholding Structure of Varada Leasing And Investments?

In 2017, Varada Leasing And Investments had a promoter holding of 71.09% and a public holding of 28.91%. 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 Leasing And Investments?

Unlock and access historical data on people associated with Varada Leasing And Investments, 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 Leasing And Investments, 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 Leasing And Investments'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 Leasing And Investments

Recent activity within the organization

  • Annual General Meeting

    Varada Leasing And Investments Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Varada Leasing And Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sharada Mohan Shetty was appointed as a Director was appointed as a Director on 29 Sep 2010 & has been associated with this company since 14 years 4 months .

    29 Sep 2010

  • Director Appointment

    Venkatraman Shetty Govind was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2004 & has been associated with this company since 21 years 29 days .

    01 Jan 2004

  • Director Appointment

    Sudhir Pandith was appointed as a Director was appointed as a Director on 21 Jan 1993 & has been associated with this company since 32 years 8 days .

    21 Jan 1993

  • Company Incorporation

    Varada Leasing And Investments Limited was registered on 21 Jan 1993 with Roc Bangalore & aged 32 years 8 days as per MCA records.

    21 Jan 1993

Frequently asked questions

  • Varada Leasing And Investments Limited was incorporated on 21 Jan 1993.

  • The authorized share capital of Varada Leasing And Investments Limited is ₹ 2.00 Cr and paid-up capital is ₹ 6.53 M.

  • Currently 3 directors are associated with Varada Leasing And Investments Limited.

    • Sharada Mohan Shetty
    • Sudhir Pandith
    • Venkatraman Shetty Govind
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varada Leasing And Investments Limited is K V Shetty Complexnellikeri India, Kumta, Karnataka.

  • The corporate identification number (CIN) of Varada Leasing And Investments Limited is U85110KA1993PLC013917 and the company number is 013917 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varada Leasing And Investments Limited has risen by 790.34%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varada Leasing And Investments Limited has experienced an upsurge of 40.70%.

  • The most recent Balance Sheet for Varada Leasing And Investments Limited was filed with the ROC on 31 Mar 2023.

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