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: January 16, 2025

Varam Capital Profile

Key Indicators

  • Authorised Capital ₹ 15.05 Cr
  • Paid Up Capital ₹ 9.77 Cr
  • Company Age 33 Year, 5 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, 5 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

    varam.in

  • 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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Aparna Madhu Country flag representing In Company Secretary25-Sep-2018Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
5.46%
Revenue from Operations
9.67%
Total Assets
-20.33%
Profit or Loss
-2434.65%
Net Worth
-27.23%
EBITDA
-40.09%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
14 Feb 2018Others₹5.00 CrOpen
27 Nov 2017Others₹5.00 CrOpen
28 Sep 2017Uco Bank₹3.50 CrOpen
17 May 2017Others₹10.00 CrOpen
24 Feb 2017State Bank Of India₹12.50 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 10 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

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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