Varam Capital Profile
Key Indicators
- Authorised Capital ₹ 15.05 Cr
- Paid Up Capital ₹ 9.77 Cr
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 60.00 Cr
- Satisfied Charges ₹ 169.70 Cr
- Revenue Growth 5.46%
- Profit Growth -2434.65%
- Ebitda -40.09%
- Net Worth -27.23%
- Total Assets -20.33%
About Varam Capital
Varam Capital Private Limited (VCPL) is Dissolved (Liquidated) company established on 09 Sep 1991 with its office registered at Chennai, Tamil Nadu, India and has been running since 33 Year, 7 Months with a paid up capital of 9.77 Cr. According to MCA records, 2 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993TN1991PTC087497
- Company No.
087497
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Sep 1991
- Date of AGM
22 Apr 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Varam Capital Private Limited
Explore comprehensive data for Varam Capital Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varam Capital?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aparna Madhu  | Company Secretary | 25-Sep-2018 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hemalatha Rajan | Director | 24-Mar-2011 | Current |
| Venkatesan Suresh | Additional Director | 17-Apr-2019 | Current |
Financial Performance of Varam Capital.
Varam Capital Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 5.46% increase. The company also saw a substantial fall in profitability, with a 2434.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varam Capital?
In 2018, Varam Capital had a promoter holding of 63.39% and a public holding of 36.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Firstventure Corporation Private LimitedHemalatha Rajan is a mutual person
Ma Foi Strategic Consultants Private LimitedHemalatha Rajan is a mutual person
Integrum Technologies Private LimitedHemalatha Rajan is a mutual person
Aargee Staffing Services Private LimitedHemalatha Rajan is a mutual person
Charges (Loans)
Open Charges
₹60.00 Cr
Satisfied Charges
₹169.70 Cr
Charges Breakdown by Lending Institutions
- Others : 26.00 Cr
- State Bank Of India : 12.50 Cr
- Lakshmi Vilas Bank Limited : 9.00 Cr
- Uco Bank : 6.50 Cr
- Canara Bank : 3.00 Cr
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2018 | Others | ₹5.00 Cr | Open |
| 27 Nov 2017 | Others | ₹5.00 Cr | Open |
| 28 Sep 2017 | Uco Bank | ₹3.50 Cr | Open |
| 17 May 2017 | Others | ₹10.00 Cr | Open |
| 24 Feb 2017 | State Bank Of India | ₹12.50 Cr | Open |
How Many Employees Work at Varam Capital?
Varam Capital has a workforce of 181 employees as of Apr 09, 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 Varam Capital, 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 Varam Capital'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 Varam Capital
Recent activity within the organization
- Charges
A charge registered on 22 Mar 2017 via Charge ID 100091101 with Others was fully satisfied on 25 Apr 2019.
- Charges
A charge registered on 25 May 2016 via Charge ID 100030695 with Others was fully satisfied on 24 Apr 2019.
- Charges
A charge registered on 29 Aug 2015 via Charge ID 10599128 with Lakshmi Vilas Bank Limited was fully satisfied on 24 Apr 2019.
- Annual General Meeting
Varam Capital Private Limited last Annual general meeting of members was held on 22 Apr 2019 as per latest MCA records.
- Director Appointment
Venkatesan Suresh was appointed as a Additional Director was appointed as a Additional Director on 17 Apr 2019 & has been associated with this company since 6 years 19 days .
- Balance Sheet
Varam Capital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Recent News, Updates & Announcement
- Varam Capital ties up with RBL Bank for Aadhaar-enabled payment services.
India Business News: Varam Capital has partnered with RBL Bank to introduce Aadhaar-enabled payment services (AEPS) on the MFI's mobile app as a micro-ATM..
Frequently asked questions
What is the Incorporation or founding date of Varam Capital Private Limited?
Varam Capital Private Limited was incorporated on 09 Sep 1991.
What is authorized share capital and paid-up capital of Varam Capital Private Limited?
The authorized share capital of Varam Capital Private Limited is ₹ 15.05 Cr and paid-up capital is ₹ 9.77 Cr.
Who are the current board members & directors of Varam Capital Private Limited?
Currently 3 directors are associated with Varam Capital Private Limited.
- Hemalatha Rajan
- Venkatesan Suresh
- Aparna Madhu
What is the registered address of Varam Capital Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varam Capital Private Limited is Plot No. 3726 Door 41 6Th Avenue Q- Block, Anna Nagar India, Chennai, Tamil Nadu, 600040.
What is the corporate identification number (CIN) and company number of Varam Capital Private Limited?
The corporate identification number (CIN) of Varam Capital Private Limited is U65993TN1991PTC087497 and the company number is 087497 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varam Capital Private Limited?
The Official website of Varam Capital Private Limited is https://www.varam.in
What has been the recent revenue trend for Varam Capital Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Varam Capital Private Limited has risen by 5.46%.
How many employees does Varam Capital Private Limited currently have?
As Per 2018 financial reports, 181 employees are currently employed by Varam Capital Private Limited.
What change has been observed in the net worth of Varam Capital Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Varam Capital Private Limited has experienced an downturn of -27.23%.
What are the total open charges for Varam Capital Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Varam Capital Private Limited amount to ₹ 60.00 Cr.
When was the last Balance Sheet of Varam Capital Private Limited filed with the ROC?
The most recent Balance Sheet for Varam Capital Private Limited was filed with the ROC on 31 Mar 2019.
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