Varanasi Smart City Limited

Manages and implements smart city development projects in Varanasi with government approval and funding.

2016 | Varanasi, Uttar Pradesh (India) | Active
Last Updated:

Varanasi Smart City Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 200.00 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 3.57%
  • Profit Growth -25.97%
  • Ebitda 0.98%
  • Net Worth -33.45%
  • Total Assets -2.12%

About Varanasi Smart City

Varanasi Smart City Limited (VSCL) is a Public Limited State Government Company incorporated in India on 29 October 2016 (Eight years and four months 3 days old ). Its registered office is in Varanasi, Uttar Pradesh, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 200.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Varanasi Smart City Limited India are Sandeep Kumar as Cfo, Shriya Agarwal as Company Secretary, and Akshat Verma as Ceo. Raj Udayan, Awadhesh Gupta, Pulkit Garg, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varanasismartcity.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999UP2016SGC087434

  • Company No.

    087434

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    29 Oct 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Varanasi Smart City?

Executive Team (3)

NameDesignationAppointment DateStatus
Sandeep Kumar Country flag representing In CFO17-Mar-2020Current
Shriya Agarwal Company Secretary01-Jul-2022Current
Akshat Verma CEO13-Feb-2024Current

Board Members (11)

NameDesignationAppointment DateStatus
Sujit Dubey Country flag representing In Director 01-Apr-2020Current
Raj Udayan Country flag representing In Nominee Director 16-Jan-2018Current
Awadhesh Gupta Country flag representing In Nominee Director 15-Nov-2016Current
Pulkit Garg Country flag representing In Nominee Director 13-Feb-2024Current
Dharmendra Singh Country flag representing In Nominee Director 06-Jul-2022Current
Akshat Verma Country flag representing In Nominee Director 13-Feb-2024Current

Financial Performance of Varanasi Smart City.

Varanasi Smart City Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.57% increase. The company also saw a substantial fall in profitability, with a 25.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.45%.

Varanasi Smart City revenue growth over time
Varanasi Smart City 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
3.57%
Revenue from Operations
Total Assets
-2.12%
Profit or Loss
-25.97%
Net Worth
-33.45%
EBITDA
0.98%

What is the Ownership and Shareholding Structure of Varanasi Smart City?

In 2023, Varanasi Smart City had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Varanasi Smart City?

Varanasi Smart City has a workforce of 26 employees as of Oct 13, 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 Smart City Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varanasi Smart City, 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 Smart City'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 Smart City

Recent activity within the organization

  • Director Appointment

    Arvind Kumar Singhal was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2024 & has been associated with this company since 7 months 5 days .

  • Director Appointment

    Sanjay Kumar Gautam was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2024 & has been associated with this company since 7 months 5 days .

  • Director Appointment

    Pulkit Garg was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2024 & has been associated with this company since 1 year 17 days .

  • Director Appointment

    Akshat Verma was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2024 & has been associated with this company since 1 year 17 days .

  • Director Appointment

    Akshat Verma was appointed as a Ceo was appointed as a Ceo on 13 Feb 2024 & has been associated with this company since 1 year 17 days .

  • Annual General Meeting

    Varanasi Smart City Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Varanasi Smart City Limited?

    Varanasi Smart City Limited was incorporated on 29 Oct 2016.

  • What is authorized share capital and paid-up capital of Varanasi Smart City Limited?

    The authorized share capital of Varanasi Smart City Limited is ₹ 200.00 Cr and paid-up capital is ₹ 200.00 Cr.

  • Who are the current board members & directors of Varanasi Smart City Limited?

    Currently 14 directors are associated with Varanasi Smart City Limited.

    • Raj Kumar Udayan
    • Awadhesh Kumar Gupta
    • Pulkit Garg
    • Dharmendra Pratap Singh
    • Akshat Verma
    • Sandeep Kumar
    • Shriya Agarwal
    • Arvind Kumar Singhal
    • Nidhi Bajpai
    • Sanjay Kumar Gautam
    • Anil Narayan Kinjavadekar
    • Sujit Kumar Dubey
    • Kaushal Raj Sharma
    • Akshat Verma

  • What is the registered address of Varanasi Smart City Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varanasi Smart City Limited is Nagar Nigam Mukhyalaya Sigra India, Varanasi, Uttar Pradesh, 221010.

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

    The corporate identification number (CIN) of Varanasi Smart City Limited is U74999UP2016SGC087434 and the company number is 087434 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varanasi Smart City Limited?

    The Official website of Varanasi Smart City Limited is https://www.varanasismartcity.gov.in

  • What has been the recent revenue trend for Varanasi Smart City Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varanasi Smart City Limited has risen by 3.57%.

  • How many employees does Varanasi Smart City Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Varanasi Smart City Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varanasi Smart City Limited has experienced an downturn of -33.45%.

  • When was the last Balance Sheet of Varanasi Smart City Limited filed with the ROC?

    The most recent Balance Sheet for Varanasi Smart City Limited was filed with the ROC on 31 Mar 2023.

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