Varalakshmi Starch Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.00 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.00 Cr
- Revenue Growth 1.72%
- Profit Growth 331.49%
- Ebitda 33.52%
- Net Worth 5.58%
- Total Assets 4.13%
About Varalakshmi Starch Industries
Varalakshmi Starch Industries Private Limited (VSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1995 and has a history of 29 years and nine months. Its registered office is in Salem, Tamil Nadu, India.
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 20.00 Cr and a paid-up capital of Rs 15.00 Cr.
The company currently has active open charges totaling ₹35.00 Cr.
The Key Managerial Personnel (KMP) at Varalakshmi Starch Industries Private Limited India is Srinivasan Aishwarya as COMPANY SECRETARY. Varadharaja Anbalagan, Anbalagan Suguna, and Anbalagan Vinothkumar serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U01532TZ1995PTC006136
- Company No.
006136
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 May 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Varalakshmi Starch Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varadharaja Anbalagan  | Managing Director | 16-May-1995 | Current |
| Srinivasan Aishwarya | Company Secretary | 01-Jul-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anbalagan Suguna | Director | 16-May-1995 | Current |
| Anbalagan Vinothkumar | Director | 19-Jul-2016 | Current |
Financial Performance of Varalakshmi Starch Industries.
Varalakshmi Starch Industries Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 1.72% increase. The company also saw a substantial improvement in profitability, with a 331.49% increase in profit. The company's net worth moved up by a moderate rise of 5.58%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Varalakshmi Starch Industries?
In 2024, Varalakshmi Starch Industries had a promoter holding of 97.18% and a public holding of 2.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Varalakshmi Papads And Snacks Private LimitedVaradharaja Anbalagan and Anbalagan Suguna are mutual person
Charges (Loans)
₹35.00 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2004 | State Bank Of India | ₹35.00 Cr | Open |
How Many Employees Work at Varalakshmi Starch Industries?
Varalakshmi Starch Industries has a workforce of 40 employees as of Dec 13, 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 Starch Industries, 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 Starch Industries'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.
