Varahi Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 36.41 Cr
- Company Age 31 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 205.26 Cr
- Revenue Growth 22.34%
- Profit Growth 1636.34%
- Ebitda 9.49%
- Net Worth 8.95%
- Total Assets 2.61%
About Varahi
Varahi Limited (VL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 December 1993 and has a history of 31 years and three months. Its registered office is in New Delhi, Delhi.
The Corporate was formerly known as Varahi Private Limited. The Company is engaged in the Food And Beverages 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 50.00 Cr and a paid-up capital of Rs 36.41 Cr.
The company has closed loans amounting to ₹205.26 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Varahi Limited India is Shri Garg as CFO. Pramit Sanghavi, Dewang Sanghavi, Navin Shah, and Two other members serve as directors at the Company.
Company Details
- Location New Delhi, Delhi
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1993PLC056515
- Company No.
056515
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Dec 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Food and Beverages
Packaging
What products or services does Varahi Limited offer?
Varahi Limited offers a wide range of products and services, including Juices, Soups & Soft Drinks, Drinking Water.
Who are the key members and board of directors at Varahi?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramit Sanghavi  | Managing Director | 17-Dec-1993 | Current |
| Shri Garg | CFO | 02-Sep-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dewang Sanghavi | Whole-Time Director | 17-Dec-1993 | Current |
| Navin Shah | Director | 29-Jul-2011 | Current |
| Sanjay Srivastava | Director | 07-Dec-2015 | Current |
| Ikshenya Sanghavi | Director | 17-Jun-2024 | Current |
Financial Performance of Varahi.
Varahi Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.34% increase. The company also saw a substantial improvement in profitability, with a 1636.34% increase in profit. The company's net worth moved up by a moderate rise of 8.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varahi?
In 2022, Varahi had a promoter holding of 99.53% and a public holding of 0.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Varahi Beverages Llp
Pramit Sanghavi and Dewang Sanghavi are mutual person
- Mahodar Beverages Private Limited
Pramit Sanghavi and Dewang Sanghavi are mutual person
- Varahi Plastics & Packaging Private Limited
Pramit Sanghavi and Dewang Sanghavi are mutual person
- Filmpac Private Limited
Pramit Sanghavi and Dewang Sanghavi are mutual person
Insecticides (India) LimitedNavin Shah is a mutual person
Bev Tek LlpPramit Sanghavi and Dewang Sanghavi are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹205.26 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 131.04 Cr
- State Bank Of India : 53.66 Cr
- Central Bank Of India : 10.58 Cr
- Bank Of India : 9.00 Cr
- State Bank Of India (Mid Corporate Loan Administration Unit) : 0.94 Cr
- Others : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2017 | State Bank Of India | ₹15.00 Cr | Satisfied |
| 06 Jun 2015 | Bank Of India | ₹9.00 Cr | Satisfied |
| 17 Oct 2014 | Canara Bank | ₹2.99 M | Satisfied |
| 11 Apr 2013 | State Bank Of India | ₹10.66 Cr | Satisfied |
| 03 Jul 2012 | Canara Bank | ₹29.00 Cr | Satisfied |
How Many Employees Work at Varahi?
Varahi has a workforce of 16 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varahi, 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 Varahi's trajectory.
Rating
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
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 Varahi
Recent activity within the organization
- Annual General Meeting
Varahi Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Ikshenya Pramit Sanghavi was appointed as a Director was appointed as a Director on 17 Jun 2024 & has been associated with this company since 9 months 10 days .
- Balance Sheet
Varahi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 26 May 2017 via Charge ID 100106332 with State Bank Of India was fully satisfied on 04 Apr 2020.
- Director Appointment
Shri Krishan Garg was appointed as a Cfo was appointed as a Cfo on 02 Sep 2019 & has been associated with this company since 5 years 6 months .
- Charges
A charge registered on 11 Apr 2013 via Charge ID 10419713 with State Bank Of India was fully satisfied on 18 May 2018.
Recent News, Updates & Announcement
- Manjushree Technopack acquires smaller rival Varahi | Mint.
Deal makes Manjushree one of the largest suppliers of rigid plastic packaging products in the country.
Frequently asked questions
What is the Incorporation or founding date of Varahi Limited?
Varahi Limited was incorporated on 17 Dec 1993.
What is authorized share capital and paid-up capital of Varahi Limited?
The authorized share capital of Varahi Limited is ₹ 50.00 Cr and paid-up capital is ₹ 36.41 Cr.
Who are the current board members & directors of Varahi Limited?
Currently 6 directors are associated with Varahi Limited.
- Pramit Sanghavi
- Dewang Harkisandas Sanghavi
- Navin Shah
- Sanjay Srivastava
- Ikshenya Pramit Sanghavi
- Shri Krishan Garg
What is the registered address of Varahi Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varahi Limited is Wz-8/1 Kirti Nagar Industrial Area India, New Delhi.
What is the corporate identification number (CIN) and company number of Varahi Limited?
The corporate identification number (CIN) of Varahi Limited is U74899DL1993PLC056515 and the company number is 056515 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varahi Limited?
The Official website of Varahi Limited is https://www.varahi.in
What has been the recent revenue trend for Varahi Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varahi Limited has risen by 22.34%.
How many employees does Varahi Limited currently have?
As Per 2022 financial reports, 16 employees are currently employed by Varahi Limited.
What change has been observed in the net worth of Varahi Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varahi Limited has experienced an upsurge of 8.95%.
When was the last Balance Sheet of Varahi Limited filed with the ROC?
The most recent Balance Sheet for Varahi Limited was filed with the ROC on 31 Mar 2024.
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