Varas International Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 10-12-2024
- Paid Up Capital ₹ 0.66 M
as on 10-12-2024
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.87 Cr
as on 10-12-2024
- Satisfied Charges ₹ 1.83 Cr
as on 10-12-2024
- Revenue 24.56%
(FY 2022)
- Profit 13.85%
(FY 2022)
- Ebitda 6.28%
(FY 2022)
- Net Worth 4.53%
(FY 2022)
- Total Assets 5.52%
(FY 2022)
About Varas International
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.
- 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
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
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 and Corporate Structure Insights 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
- 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 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 LimitedActive 25 years 7 monthsNeelam Narayan, Neeraj Sinha and 3 more are mutual person
- Brilliant Security Services & Consultants Private LimitedActive 20 years 5 months
Neelam Narayan, Neeraj Sinha and 3 more are mutual person
- Institute Of Scientific Education And Learning Private LimitedActive 13 years 6 months
Neelam Narayan and Akshay Narayan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Apr 2024 | ₹0.31 M | Open |
Others Creation Date: 16 Apr 2024 | ₹1.05 M | Open |
Others Creation Date: 02 Apr 2024 | ₹0.39 M | 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.
