Varas International Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.66 M
- Company Age 44 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.87 Cr
- Satisfied Charges ₹ 1.83 Cr
- Revenue Growth 24.56%
- Profit Growth 13.85%
- Ebitda 6.28%
- Net Worth 4.53%
- Total Assets 5.52%
About Varas International
Varas International Pvt Ltd (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 June 1980 and has a history of 44 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Food And Beverages 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 M and a paid-up capital of Rs 0.66 M.
The company currently has active open charges totaling ₹2.87 Cr. The company has closed loans amounting to ₹1.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Neelam Narayan, Neeraj Sinha, Archana Narayan, and Two other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51228WB1980PTC032966
- Company No.
032966
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jun 1980
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Varas International?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neelam Narayan  | Managing Director | 25-Jun-1980 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neeraj Sinha | Whole-Time Director | 01-Oct-2012 | Current |
| Archana Narayan | Whole-Time Director | 27-Dec-1985 | Current |
| Akshay Narayan | Whole-Time Director | 01-Oct-2012 | Current |
| Ajit Narayan | Whole-Time Director | 15-Oct-2017 | Current |
Financial Performance of Varas International.
Varas International Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 24.56% increase. The company also saw a substantial improvement in profitability, with a 13.85% increase in profit. The company's net worth moved up by a moderate rise of 4.53%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Varas International?
In 2022, Varas International had a public holding of 21.22%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Varas Food Products Private LimitedNeelam Narayan, Neeraj Sinha and 3 more are mutual person
- Institute Of Scientific Education And Learning Private Limited
Neelam Narayan and Akshay Narayan are mutual person
Charges (Loans)
₹28.72 M
₹18.27 M
Charges Breakdown by Lending Institutions
- Others : 2.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2024 | Others | ₹0.31 M | Open |
| 16 Apr 2024 | Others | ₹1.05 M | Open |
| 02 Apr 2024 | Others | ₹0.39 M | Open |
| 05 Feb 2024 | Others | ₹0.15 M | Open |
| 03 Aug 2022 | Others | ₹4,873.70 | Open |
How Many Employees Work at Varas International?
Varas International has a workforce of 55 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varas International, 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 Varas International'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.
