Varadha Steels Private Limited

Varadha Steels Private Limited

Manufactures MS billets and trades steel scrap for raw material.
2010 | Chennai, Tamil Nadu (India) | Under Liquidation

Last Updated:

April 20, 2024
HomeCompanyVaradha Steels Private Limited

Who are the key members and board of directors at Varadha Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Kamal Babu InManaging Director20-May-2010Current

Board Members(1)

NameDesignationAppointment DateStatus
Kamal Babu In Director 20-May-2010Current

Financial Performance of Varadha Steels.

Varadha Steels Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 66.46% decrease. The company also saw a substantial fall in profitability, with a 73.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 906.05%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-66.46%
Revenue from Operations
-66.76%
Total Assets
-5.35%
Profit or Loss
-73.28%
Net Worth
-906.05%
EBITDA
-177.14%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹45.00 Cr

LenderAmountStatus

Oriental Bank Of Commerce

Creation Date: 25 Mar 2011
₹45.00 CrOpen

How Many Employees Work at Varadha Steels?

Unlock and access historical data on people associated with Varadha Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Varadha Steels

Recent activity within the organization

  • Annual General Meeting

    Varadha Steels Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Varadha Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Chennai.

    31 Mar 2015

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 45.00 Cr registered on 25 Mar 2011 with Charge ID 10284135 was modified on 04 Dec 2013.

    04 Dec 2013

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 45.00 Cr with Charge ID 10284135 was registered on 25 Mar 2011.

    25 Mar 2011

  • Director Appointment

    Kamal Naveed Babu was appointed as a Director was appointed as a Director on 20 May 2010 & has been associated with this company since 14 years 7 months .

    20 May 2010

  • Director Appointment

    Kamal Anwar Babu was appointed as a Managing Director was appointed as a Managing Director on 20 May 2010 & has been associated with this company since 14 years 7 months .

    20 May 2010

Frequently asked questions

  • Varadha Steels Private Limited was incorporated on 20 May 2010.

  • The authorized share capital of Varadha Steels Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 13.00 Cr.

  • Currently 2 directors are associated with Varadha Steels Private Limited.

    • Kamal Anwar Babu
    • Kamal Naveed Babu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varadha Steels Private Limited is Old No15 New No.11Big Street, Kilpauk Garden, Chennai, Tamil Nadu, India, 600010.

  • The corporate identification number (CIN) of Varadha Steels Private Limited is U27100TN2010PTC075769 and the company number is 075769 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Varadha Steels Private Limited has fallen by -66.46%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Varadha Steels Private Limited has experienced an downturn of -906.05%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Varadha Steels Private Limited amount to ₹ 45.00 Cr.

  • The most recent Balance Sheet for Varadha Steels Private Limited was filed with the ROC on 31 Mar 2015.

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