Varalakshmi Automobiles Private Limited

Auto dealership business with 7 showrooms and retail outlets, authorized dealer of Tata Motor's vehicles.

2007 | Nellore, Andhra Pradesh (India) | Active
Last Updated:

Varalakshmi Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.00 M
  • Company Age 18 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.10 Cr
  • Satisfied Charges ₹ 12.40 Cr
  • Revenue Growth 49.54%
  • Profit Growth 47.36%
  • Ebitda -28.73%
  • Net Worth 15.36%
  • Total Assets 36.80%

About Varalakshmi Automobiles

Varalakshmi Automobiles Private Limited (VAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 2007 and has a history of 18 years. Its registered office is in Nellore, Andhra Pradesh, India.

The Company is engaged in the Automotive 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 3.00 M.

The company currently has active open charges totaling ₹21.10 Cr. The company has closed loans amounting to ₹12.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivekananda Konda, Sivakumar Konda, Konda Ramprasad, and Two other members serve as directors at the Company.

Company Details

  • Location

    Nellore, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ksngroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34103AP2007PTC052720

  • Company No.

    052720

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Automotive

What products or services does Varalakshmi Automobiles Private Limited offer?

Varalakshmi Automobiles Private Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Anti Infective API.

Who are the key members and board of directors at Varalakshmi Automobiles?

Executive Team (2)

NameDesignationAppointment DateStatus
Vivekananda Konda Country flag representing In Managing Director12-Feb-2007Current
Konda Ramprasad Country flag representing In Managing Director12-Feb-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Sivakumar Konda Country flag representing In Whole-Time Director 12-Feb-2007Current
Grande Nagabhaskar Country flag representing In Whole-Time Director 01-Apr-2009Current
Balaji Natakala Country flag representing In Whole-Time Director 01-Apr-2009Current

Financial Performance of Varalakshmi Automobiles.

Varalakshmi Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.54% increase. The company also saw a substantial improvement in profitability, with a 47.36% increase in profit. The company's net worth Soared by an impressive increase of 15.36%.

Varalakshmi Automobiles revenue growth over time
Varalakshmi Automobiles 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
49.54%
Revenue from Operations
48.92%
Total Assets
36.80%
Profit or Loss
47.36%
Net Worth
15.36%
EBITDA
-28.73%

What is the Ownership and Shareholding Structure of Varalakshmi Automobiles?

In 2023, Varalakshmi Automobiles had a promoter holding of 62.50% and a public holding of 37.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.10 Cr

Satisfied Charges

₹12.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.10 Cr
  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2023Hdfc Bank Limited₹7.00 CrOpen
27 Oct 2021Hdfc Bank Limited₹3.00 CrOpen
01 Jul 2021Others₹3.00 CrOpen
10 May 2021Others₹4.00 CrOpen
23 Oct 2019Others₹4.10 CrOpen

How Many Employees Work at Varalakshmi Automobiles?

Varalakshmi Automobiles has a workforce of 31 employees as of Nov 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.

Employee growth trends for Varalakshmi Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varalakshmi Automobiles, 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 Varalakshmi Automobiles'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 Varalakshmi Automobiles

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 18 Jul 2023 with Charge ID 100764244 was modified on 31 Aug 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100764244 was registered on 18 Jul 2023.

  • Balance Sheet

    Varalakshmi Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 27 Oct 2021 with Charge ID 100508233 was modified on 15 Dec 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100508233 was registered on 27 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Varalakshmi Automobiles Private Limited?

    Varalakshmi Automobiles Private Limited was incorporated on 12 Feb 2007.

  • What is authorized share capital and paid-up capital of Varalakshmi Automobiles Private Limited?

    The authorized share capital of Varalakshmi Automobiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Varalakshmi Automobiles Private Limited?

    Currently 5 directors are associated with Varalakshmi Automobiles Private Limited.

    • Vivekananda Konda
    • Sivakumar Konda
    • Konda Ramprasad
    • Grande Nagabhaskar
    • Balaji Natakala

  • What is the registered address of Varalakshmi Automobiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varalakshmi Automobiles Private Limited is 5/344/5 Nsr Complex, Stonehousepet India, Nellore, Andhra Pradesh, 524002.

  • What is the corporate identification number (CIN) and company number of Varalakshmi Automobiles Private Limited?

    The corporate identification number (CIN) of Varalakshmi Automobiles Private Limited is U34103AP2007PTC052720 and the company number is 052720 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varalakshmi Automobiles Private Limited?

    The Official website of Varalakshmi Automobiles Private Limited is https://www.ksngroup.in

  • What has been the recent revenue trend for Varalakshmi Automobiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varalakshmi Automobiles Private Limited has risen by 49.54%.

  • How many employees does Varalakshmi Automobiles Private Limited currently have?

    As Per 2023 financial reports, 31 employees are currently employed by Varalakshmi Automobiles Private Limited.

  • What change has been observed in the net worth of Varalakshmi Automobiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varalakshmi Automobiles Private Limited has experienced an upsurge of 15.36%.

  • What are the total open charges for Varalakshmi Automobiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varalakshmi Automobiles Private Limited amount to ₹ 21.10 Cr.

  • When was the last Balance Sheet of Varalakshmi Automobiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Varalakshmi Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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