Varada Plastech Private Limited

Manufactures and supplies plastic products from Nagpur, Maharashtra since 2018.

2018 | Nagpur, Maharashtra (India) | Active
Last Updated: December 12, 2024

Varada Plastech Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.07 Cr
  • Revenue Growth 622.97%
  • Profit Growth 120.66%
  • Ebitda 1214.57%
  • Net Worth 41.67%
  • Total Assets 7.41%

About Varada Plastech

Varada Plastech Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 2018 (Seven years and one month 8 days old ). Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.07 Cr.

Hemlataben Gajbhiye, Prakash Gajbhiye, and Rani Balvir serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varadaplastech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MH2018PTC303761

  • Company No.

    303761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Hemlataben Gajbhiye Country flag representing In Director 05-Jan-2018 Current
Prakash Gajbhiye Country flag representing In Director 05-Jan-2018 Current
Rani Balvir Country flag representing In Director 09-May-2019 Current

Financial Performance of Varada Plastech.

Varada Plastech Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 622.97% increase. The company also saw a substantial improvement in profitability, with a 120.66% increase in profit. The company's net worth Soared by an impressive increase of 41.67%.

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
622.97%
Revenue from Operations
531.34%
Total Assets
7.41%
Profit or Loss
120.66%
Net Worth
41.67%
EBITDA
1214.57%

What is the Ownership and Shareholding Structure of Varada Plastech?

In 2020, Varada Plastech 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

₹10.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.07 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2021 State Bank Of India ₹1.07 Cr Open

How Many Employees Work at Varada Plastech?

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

Recent activity within the organization

  • Annual General Meeting

    Varada Plastech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varada Plastech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 10.70 M registered on 29 Jan 2021 with Charge ID 100427952 was modified on 14 Mar 2022.

    14 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.70 M with Charge ID 100427952 was registered on 29 Jan 2021.

    29 Jan 2021

  • Director Appointment

    Rani Baliram Balvir was appointed as a Director was appointed as a Director on 09 May 2019 & has been associated with this company since 5 years 9 months .

    09 May 2019

  • Director Appointment

    Hemlataben Prakashbhai Gajbhiye was appointed as a Director was appointed as a Director on 05 Jan 2018 & has been associated with this company since 7 years 1 month .

    05 Jan 2018

Frequently asked questions

  • Varada Plastech Private Limited was incorporated on 05 Jan 2018.

  • The authorized share capital of Varada Plastech Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Varada Plastech Private Limited.

    • Hemlataben Prakashbhai Gajbhiye
    • Prakash Uttamrao Gajbhiye
    • Rani Baliram Balvir
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varada Plastech Private Limited is Plot No C 45 Midc Industrial Area Zone India, Nagpur, Maharashtra, 441122.

  • The corporate identification number (CIN) of Varada Plastech Private Limited is U25209MH2018PTC303761 and the company number is 303761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varada Plastech Private Limited is https://www.varadaplastech.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varada Plastech Private Limited has risen by 622.97%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varada Plastech Private Limited has experienced an upsurge of 41.67%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Varada Plastech Private Limited amount to ₹ 1.07 Cr.

  • The most recent Balance Sheet for Varada Plastech Private Limited was filed with the ROC on 31 Mar 2024.

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