Varanasi Commercial Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
as on 20-12-2024
- Paid Up Capital ₹ 2.06 Cr
as on 20-12-2024
- Company Age 45 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.45 Cr
as on 20-12-2024
- Revenue 148.33%
(FY 2022)
- Profit 342.34%
(FY 2022)
- Ebitda -189.41%
(FY 2022)
- Net Worth 3.37%
(FY 2022)
- Total Assets 3.36%
(FY 2022)
About Varanasi Commercial
The Company is engaged in the Financial Services 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 2.50 Cr and a paid-up capital of Rs 2.06 Cr.
The company currently has active open charges totaling ₹22.45 Cr.
Padam Gupta, Sanjay Bhuwalka, and Rajiv Agarwal serve as directors at the Company.
- CIN/LLPIN
U24111WB1979PLC031911
- Company No.
031911
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Mar 1979
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Varanasi Commercial?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Padam Gupta  | Director | 01-Oct-2019 | Current |
| Sanjay Bhuwalka | Director | 19-Nov-2009 | Current |
| Rajiv Agarwal | Director | 26-Mar-2015 | Current |
Financial Performance of Varanasi Commercial.
Varanasi Commercial Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 148.33% increase. The company also saw a substantial improvement in profitability, with a 342.34% increase in profit. The company's net worth moved up by a moderate rise of 3.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Varanasi Commercial?
In 2021, Varanasi Commercial had a promoter holding of 73.29% and a public holding of 26.71%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Electrical And Electronics Manufacfturers AssociationActive 76 years 10 monthsRajiv Agarwal is a mutual person
Techno Electric & Engineering Company LimitedActive 19 years 2 monthsPadam Gupta is a mutual person
Horizon Vintrade Private LimitedActive 15 years 5 monthsPadam Gupta and Sanjay Bhuwalka are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Vijaya Bank Creation Date: 16 Jul 1996 | ₹22.45 Cr | Open |
How Many Employees Work at Varanasi Commercial?
Unlock and access historical data on people associated with Varanasi Commercial, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varanasi Commercial, 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 Commercial'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.
