Varam Power Projects Profile
Key Indicators
- Authorised Capital ₹ 6.25 Cr
as on 26-12-2024
- Paid Up Capital ₹ 6.13 Cr
as on 26-12-2024
- Company Age 26 Year, 5 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 31.81 Cr
as on 26-12-2024
- Revenue -62.02%
(FY 2020)
- Profit -70.19%
(FY 2020)
- Ebitda -87.02%
(FY 2020)
- Net Worth -21.73%
(FY 2020)
- Total Assets -36.86%
(FY 2020)
About Varam Power Projects
The Company is engaged in the Environment 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 6.25 Cr and a paid-up capital of Rs 6.13 Cr.
The company has closed loans amounting to ₹31.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Govindharajulu Boyina, Satya Boyina, Santosh Andhavarapu, and One other member serve as directors at the Company.
- CIN/LLPIN
U40109AP1999PTC030929
- Company No.
030929
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jan 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Srikakulam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Varam Power Projects?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govindharajulu Boyina  | Director | 18-Jan-1999 | Current |
| Satya Boyina | Director | 31-May-2005 | Current |
| Santosh Andhavarapu | Director | 30-Sep-2006 | Current |
| Venkata Andhavarapu | Director | 31-May-2005 | Current |
Financial Performance of Varam Power Projects.
Varam Power Projects Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 62.02% decrease. The company also saw a substantial fall in profitability, with a 70.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varam Power Projects?
In 2020, Varam Power Projects had a promoter holding of 79.17% and a public holding of 20.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Andhavarapu Power Projects Private LimitedActive 16 years 6 monthsSantosh Andhavarapu and Venkata Andhavarapu are mutual person
- Prasad Bio-Energy Private LimitedActive 17 years 4 months
Santosh Andhavarapu and Venkata Andhavarapu are mutual person
Charges (Loans)
₹0
₹31.81 Cr
Charges Breakdown by Lending Institutions
- Indian Renewable Energy Development Agency Ltd. : 18.27 Cr
- Others : 6.14 Cr
- Andhra Bank : 3.76 Cr
- The Vysya Bank Ltd. : 2.00 Cr
- Andhra Pradesh State Financial Corporation : 1.00 Cr
- Others : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2018 | Others | ₹1.38 M | Satisfied |
| 16 Jul 2015 | The Karur Vysya Bank Limited | ₹1.50 M | Satisfied |
| 31 May 2015 | Tata Capital Financial Services Limited | ₹1.80 M | Satisfied |
| 05 Jun 2012 | Andhra Bank | ₹3.76 Cr | Satisfied |
| 19 Jul 2011 | The Karur Vysya Bank Limited | ₹1.98 M | Satisfied |
How Many Employees Work at Varam Power Projects?
Varam Power Projects has a workforce of 78 employees as of Apr 08, 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 Power Projects, 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 Power Projects'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.
