Varanasi Auto Sales Limited

Authorized dealer of Tata Motors commercial vehicles, offering sales, servicing, and spare parts in Eastern Uttar Pradesh.

1977 | Uttar Pradesh, Uttar Pradesh (India) | Under Liquidation
Last Updated:

Varanasi Auto Sales Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.22 M
  • Company Age 47 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 43.32 Cr
  • Satisfied Charges ₹ 14.74 Cr
  • Revenue Growth -61.86%
  • Profit Growth 97.53%
  • Ebitda 93.71%
  • Net Worth -3.91%
  • Total Assets -1.81%

About Varanasi Auto Sales

Varanasi Auto Sales Limited (VASL) is Under Liquidation company established on 30 May 1977 with its office registered at and has been running since 47 Year, 10 Months with a paid up capital of 3.22 M. According to MCA records, 3 Directors are linked to this company as of 19 Apr 2024.

Company Details

  • Location Uttar Pradesh, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25112UP1977PLC004427

  • Company No.

    004427

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1977

  • Date of AGM

    30 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

What products or services does Varanasi Auto Sales Limited offer?

Varanasi Auto Sales Limited offers a wide range of products and services, including Tipper Trucks, Mahindra Tipper Trucks, Bus, Mahindra Bus, Mahindra School Bus, Trucks, Mahindra Trucks.

Company report

Varanasi Auto Sales Limited

Explore comprehensive data for Varanasi Auto Sales Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Varanasi Auto Sales?

Executive Team (1)

NameDesignationAppointment DateStatus
Amit Gupta Country flag representing In Managing Director01-Mar-1999Current

Board Members (2)

NameDesignationAppointment DateStatus
Vijayee Yadav Country flag representing In Director 01-May-2007Current
Prabhu Nagar Country flag representing In Director 31-Mar-2004Current

Financial Performance of Varanasi Auto Sales.

Varanasi Auto Sales Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 61.86% decrease. The company also saw a substantial improvement in profitability, with a 97.53% increase in profit. The company's net worth dipped by a decrease of 3.91%.

Varanasi Auto Sales revenue growth over time
Varanasi Auto Sales 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
-61.86%
Revenue from Operations
-61.21%
Total Assets
-1.81%
Profit or Loss
97.53%
Net Worth
-3.91%
EBITDA
93.71%

What is the Ownership and Shareholding Structure of Varanasi Auto Sales?

In 2018, Varanasi Auto Sales had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.32 Cr

Satisfied Charges

₹14.74 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.72 Cr
  • Others : 17.60 Cr
  • Punjab National Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2013State Bank Of India₹24.72 CrOpen
09 Jul 2011Punjab National Bank₹9.99 MOpen
26 Mar 2010Others₹17.60 CrOpen
19 Jan 2012Small Industries Development Bank Of India₹7.50 MSatisfied
13 Sep 2011Small Industries Development Bank Of India₹2.00 CrSatisfied

How Many Employees Work at Varanasi Auto Sales?

Varanasi Auto Sales has a workforce of 99 employees as of Apr 05, 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 growth trends for Varanasi Auto Sales Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varanasi Auto Sales, 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 Varanasi Auto Sales'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 Varanasi Auto Sales

Recent activity within the organization

  • Annual General Meeting

    Varanasi Auto Sales Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Varanasi Auto Sales Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Kanpur.

  • Charges

    A charge with Others of Rs. 17.60 Cr registered on 26 Mar 2010 with Charge ID 10217262 was modified on 06 Jun 2016.

  • Charges

    A charge registered on 19 Jan 2012 via Charge ID 10332386 with Small Industries Development Bank Of India was fully satisfied on 16 Sep 2013.

  • Charges

    A charge registered on 13 Sep 2011 via Charge ID 10306150 with Small Industries Development Bank Of India was fully satisfied on 16 Sep 2013.

  • Charges

    A charge registered on 03 Sep 2009 via Charge ID 10173507 with Small Industries Development Bank Of India was fully satisfied on 16 Sep 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Varanasi Auto Sales Limited?

    Varanasi Auto Sales Limited was incorporated on 30 May 1977.

  • What is authorized share capital and paid-up capital of Varanasi Auto Sales Limited?

    The authorized share capital of Varanasi Auto Sales Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.22 M.

  • Who are the current board members & directors of Varanasi Auto Sales Limited?

    Currently 3 directors are associated with Varanasi Auto Sales Limited.

    • Amit Gupta
    • Vijayee Yadav
    • Prabhu Ji Nagar
  • What is the registered address of Varanasi Auto Sales Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varanasi Auto Sales Limited is G T Roadalipur Varanasi India, Uttar Pradesh.

  • What is the corporate identification number (CIN) and company number of Varanasi Auto Sales Limited?

    The corporate identification number (CIN) of Varanasi Auto Sales Limited is U25112UP1977PLC004427 and the company number is 004427 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varanasi Auto Sales Limited?

    The Official website of Varanasi Auto Sales Limited is https://www.varanasiauto.com

  • What has been the recent revenue trend for Varanasi Auto Sales Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Varanasi Auto Sales Limited has fallen by -61.86%.

  • How many employees does Varanasi Auto Sales Limited currently have?

    As Per 2018 financial reports, 99 employees are currently employed by Varanasi Auto Sales Limited.

  • What change has been observed in the net worth of Varanasi Auto Sales Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Varanasi Auto Sales Limited has experienced an downturn of -3.91%.

  • What are the total open charges for Varanasi Auto Sales Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Varanasi Auto Sales Limited amount to ₹ 43.32 Cr.

  • When was the last Balance Sheet of Varanasi Auto Sales Limited filed with the ROC?

    The most recent Balance Sheet for Varanasi Auto Sales Limited was filed with the ROC on 31 Mar 2018.

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