Varahamurthy Ventures Private Limited

Founded in 1980 and headquartered in Tamil Nadu, India.

1980 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 02, 2024

Varahamurthy Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.17 M
  • Company Age 44 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.07 Cr
  • Revenue Growth %
  • Profit Growth -92.17%
  • Ebitda -92.17%
  • Net Worth -2.05%
  • Total Assets -0.28%

About Varahamurthy Ventures

Varahamurthy Ventures Private Limited (VVPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 1980 and has a history of 44 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Professional Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.17 M.

The company has closed loans amounting to ₹8.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kandaswamy Venkatesh and Kandaswamy Narayanaswamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110TZ1980PTC000978

  • Company No.

    000978

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Professional Services

Who are the key members and board of directors at Varahamurthy Ventures?

Board Members (2)

Name Designation Appointment Date Status
Kandaswamy Venkatesh Country flag representing In Director 29-Sep-1995 Current
Kandaswamy Narayanaswamy Country flag representing In Director 20-Oct-2001 Current

Financial Performance of Varahamurthy Ventures.

Varahamurthy Ventures Private Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 92.17% decrease in profit. The company's net worth dipped by a decrease of 2.05%.

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
Revenue from Operations
Total Assets
-0.28%
Profit or Loss
-92.17%
Net Worth
-2.05%
EBITDA
-92.17%

What is the Ownership and Shareholding Structure of Varahamurthy Ventures?

In 2017, Varahamurthy Ventures had a promoter holding of 86.77% and a public holding of 13.23%. 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

Satisfied Charges

₹8.07 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 5.97 Cr
  • Sipcot : 1.32 Cr
  • State Bank Of India : 0.78 Cr

Latest Charge Details

Date Lender Amount Status
29 May 1998 Dena Bank ₹5.97 Cr Satisfied
27 Apr 1989 Sipcot ₹4.20 M Satisfied
26 May 1986 State Bank Of India ₹5.80 M Satisfied
29 May 1985 State Bank Of India ₹2.00 M Satisfied
31 Aug 1984 Sipcot ₹0.10 M Satisfied

How Many Employees Work at Varahamurthy Ventures?

Unlock and access historical data on people associated with Varahamurthy Ventures, 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 Varahamurthy Ventures, 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 Varahamurthy Ventures'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 Varahamurthy Ventures

Recent activity within the organization

  • Annual General Meeting

    Varahamurthy Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varahamurthy Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 27 Apr 1989 via Charge ID 80062681 with Sipcot was fully satisfied on 25 May 2011.

    25 May 2011

  • Charges

    A charge registered on 31 Aug 1984 via Charge ID 80062679 with Sipcot was fully satisfied on 25 May 2011.

    25 May 2011

  • Charges

    A charge registered on 31 Aug 1984 via Charge ID 80063220 with Sipcot was fully satisfied on 25 May 2011.

    25 May 2011

  • Charges

    A charge registered on 26 May 1986 via Charge ID 80062683 with State Bank Of India was fully satisfied on 16 Mar 2011.

    16 Mar 2011

Frequently asked questions

  • Varahamurthy Ventures Private Limited was incorporated on 23 Oct 1980.

  • The authorized share capital of Varahamurthy Ventures Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.17 M.

  • Currently 2 directors are associated with Varahamurthy Ventures Private Limited.

    • Kandaswamy Venkatesh
    • Kandaswamy Narayanaswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varahamurthy Ventures Private Limited is 364 Bharathiar Road New Siddhappudhur, India, Coimbatore, Tamil Nadu, 641044.

  • The corporate identification number (CIN) of Varahamurthy Ventures Private Limited is U74110TZ1980PTC000978 and the company number is 000978 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2016 indicates that The net worth of Varahamurthy Ventures Private Limited has experienced an downturn of -2.05%.

  • The most recent Balance Sheet for Varahamurthy Ventures Private Limited was filed with the ROC on 31 Mar 2023.