Varam Capital Private Limited logo

Varam Capital Private Limited

A financial company providing microfinance loans in Tamil Nadu and Chhattisgarh, with 25 branches and 198 employees.
1991 | Chennai, Tamil Nadu (India) | Inactive

Last Updated:

April 26, 2024
HomeCompanyVaram Capital Private Limited

Who are the key members and board of directors at Varam Capital?

Executive Team (1)

NameDesignationAppointment DateStatus
Aparna Madhu InCompany Secretary25-Sep-2018Current

Board Members(2)

NameDesignationAppointment DateStatus
Hemalatha Rajan In Director 24-Mar-2011Current
Venkatesan Suresh In Additional Director 17-Apr-2019Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.46%
Revenue from Operations
9.67%
Total Assets
-20.33%
Profit or Loss
-2434.65%
Net Worth
-27.23%
EBITDA
-40.09%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹60.00 Cr

₹169.70 Cr

LenderAmountStatus

Others

Creation Date: 14 Feb 2018
₹5.00 CrOpen

Others

Creation Date: 27 Nov 2017
₹5.00 CrOpen

Uco Bank

Creation Date: 28 Sep 2017
₹3.50 CrOpen

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.

Employee Graph

Deals i

Rating

Alerts

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.

    25 Apr 2019

  • Charges

    A charge registered on 25 May 2016 via Charge ID 100030695 with Others was fully satisfied on 24 Apr 2019.

    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.

    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.

    22 Apr 2019

  • 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 5 years 8 months .

    17 Apr 2019

  • Balance Sheet

    Varam Capital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Varam Capital Private Limited was incorporated on 09 Sep 1991.

  • The authorized share capital of Varam Capital Private Limited is ₹ 15.05 Cr and paid-up capital is ₹ 9.77 Cr.

  • Currently 3 directors are associated with Varam Capital Private Limited.

    • Hemalatha Rajan
    • Venkatesan Suresh
    • Aparna Madhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varam Capital Private Limited is Plot No. 3726 Door No. 41, 6Th Avenue Q- Block Anna Nagar, Chennai, Tamil Nadu, India, 600040.

  • 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).

  • The Official website of Varam Capital Private Limited is https://www.varam.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Varam Capital Private Limited has risen by 5.46%.

  • As Per 2018 financial reports, 181 employees are currently employed by Varam Capital Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Varam Capital Private Limited amount to ₹ 60.00 Cr.

  • The most recent Balance Sheet for Varam Capital Private Limited was filed with the ROC on 31 Mar 2019.

Similar Companies Based on NBFC