Varalakshmi Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.00 M
- Company Age 17 Year, 11 Months
- 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 17 years and 11 months. 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
- 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivekananda Konda  | Managing Director | 12-Feb-2007 | Current |
| Konda Ramprasad | Managing Director | 12-Feb-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sivakumar Konda | Whole-Time Director | 12-Feb-2007 | Current |
| Grande Nagabhaskar | Whole-Time Director | 01-Apr-2009 | Current |
| Balaji Natakala | Whole-Time Director | 01-Apr-2009 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Ksn Automobiles Private LimitedKonda Ramprasad is a mutual person
Threeyes Enterprises And Services Private LimitedSivakumar Konda is a mutual person
Charges (Loans)
₹21.10 Cr
₹12.40 Cr
Charges Breakdown by Lending Institutions
- Others : 11.10 Cr
- Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2023 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 27 Oct 2021 | Hdfc Bank Limited | ₹3.00 Cr | Open |
| 01 Jul 2021 | Others | ₹3.00 Cr | Open |
| 10 May 2021 | Others | ₹4.00 Cr | Open |
| 23 Oct 2019 | Others | ₹4.10 Cr | Open |
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.
Deals i
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
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.
