Varam Power Projects Private Limited
Operates a 6 MW biomass power plant in Andhra Pradesh.
1999 | Srikakulam, Andhra Pradesh (India) | Active
Varam Power Projects Profile
Key Indicators
- Authorised Capital ₹ 6.25 Cr
- Paid Up Capital ₹ 6.13 Cr
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 31.81 Cr
- Revenue Growth -62.02%
- Profit Growth -70.19%
- Ebitda -87.02%
- Net Worth -21.73%
- Total Assets -36.86%
About Varam Power Projects
Varam Power Projects Private Limited (VPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1999 and has a history of 26 years and two months. Its registered office is in Srikakulam, Andhra Pradesh, India.
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.
Company Details
- Location
Srikakulam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Environment
Varam Power Projects Private Limited
Explore comprehensive data for Varam Power Projects Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 LimitedSantosh Andhavarapu and Venkata Andhavarapu are mutual person
- Prasad Bio-Energy Private Limited
Santosh Andhavarapu and Venkata Andhavarapu are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Varam Power Projects
Recent activity within the organization
- Annual General Meeting
Varam Power Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Varam Power Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 26 Mar 2004 via Charge ID 90343503 with Others was fully satisfied on 24 Feb 2020.
- Charges
A charge registered on 27 Feb 2018 via Charge ID 100163826 with Others was fully satisfied on 29 Jul 2019.
- Charges
A charge registered on 28 Jun 2001 via Charge ID 90343373 with The Vysya Bank Ltd. was fully satisfied on 15 Jul 2019.
- Charges
A charge registered on 31 May 2015 via Charge ID 10574391 with Tata Capital Financial Services Limited was fully satisfied on 29 Aug 2018.
Frequently asked questions
What is the Incorporation or founding date of Varam Power Projects Private Limited?
Varam Power Projects Private Limited was incorporated on 18 Jan 1999.
What is authorized share capital and paid-up capital of Varam Power Projects Private Limited?
The authorized share capital of Varam Power Projects Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 6.13 Cr.
Who are the current board members & directors of Varam Power Projects Private Limited?
Currently 4 directors are associated with Varam Power Projects Private Limited.
- Govindharajulu Boyina
- Satya Srinivasa Boyina
- Santosh Kumar Andhavarapu
- Venkata Nagendra Prasad Andhavarapu
What is the registered address of Varam Power Projects Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varam Power Projects Private Limited is Door No. 8-4-120/3Raja Complex, G T Road Srikakulam - 532 001. India, Na, Andhra Pradesh, 532001.
What is the corporate identification number (CIN) and company number of Varam Power Projects Private Limited?
The corporate identification number (CIN) of Varam Power Projects Private Limited is U40109AP1999PTC030929 and the company number is 030929 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Varam Power Projects Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Varam Power Projects Private Limited has fallen by -62.02%.
How many employees does Varam Power Projects Private Limited currently have?
As Per 2020 financial reports, 78 employees are currently employed by Varam Power Projects Private Limited.
What change has been observed in the net worth of Varam Power Projects Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Varam Power Projects Private Limited has experienced an downturn of -21.73%.
When was the last Balance Sheet of Varam Power Projects Private Limited filed with the ROC?
The most recent Balance Sheet for Varam Power Projects Private Limited was filed with the ROC on 31 Mar 2024.
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