Varasidhi Electro Tech Private Limited

Provides electrical contracting and electronic services, including engineering, supply, and distribution of electrical goods.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Varasidhi Electro Tech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 212.86%
  • Profit Growth 500.08%
  • Ebitda 178.19%
  • Net Worth 20.20%
  • Total Assets 47.75%

About Varasidhi Electro Tech

Varasidhi Electro Tech Private Limited (VETPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 March 2014 and has a history of Ten years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Subramanyam Gopalakrishna and Kavitha serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40104KA2014PTC074449

  • Company No.

    074449

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

Who are the key members and board of directors at Varasidhi Electro Tech?

Board Members (2)

NameDesignationAppointment DateStatus
Subramanyam Gopalakrishna Country flag representing In Director 26-Mar-2014Current
Kavitha Country flag representing In Director 26-Mar-2014Current

Financial Performance of Varasidhi Electro Tech.

Varasidhi Electro Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 212.86% increase. The company also saw a substantial improvement in profitability, with a 500.08% increase in profit. The company's net worth Soared by an impressive increase of 20.2%.

Graph illustrating revenue growth over time
Graph showing 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
212.86%
Revenue from Operations
213.73%
Total Assets
47.75%
Profit or Loss
500.08%
Net Worth
20.20%
EBITDA
178.19%

What is the Ownership and Shareholding Structure of Varasidhi Electro Tech?

In 2023, Varasidhi Electro Tech 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)

Placeholder for charges-related data

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

How Many Employees Work at Varasidhi Electro Tech?

Varasidhi Electro Tech has a workforce of 4 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varasidhi Electro Tech, 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 Varasidhi Electro Tech'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 Varasidhi Electro Tech

Recent activity within the organization

  • Annual General Meeting

    Varasidhi Electro Tech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varasidhi Electro Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Subramanyam Gopalakrishna was appointed as a Director was appointed as a Director on 26 Mar 2014 & has been associated with this company since 10 years 11 months .

    26 Mar 2014

  • Director Appointment

    Kavitha was appointed as a Director was appointed as a Director on 26 Mar 2014 & has been associated with this company since 10 years 11 months .

    26 Mar 2014

  • Company Incorporation

    Varasidhi Electro Tech Private Limited was registered on 26 Mar 2014 with Roc Bangalore & aged 10 years 11 months as per MCA records.

    26 Mar 2014

Frequently asked questions

  • Varasidhi Electro Tech Private Limited was incorporated on 26 Mar 2014.

  • The authorized share capital of Varasidhi Electro Tech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varasidhi Electro Tech Private Limited.

    • Subramanyam Gopalakrishna
    • Kavitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varasidhi Electro Tech Private Limited is Unit No.105 Shree Complex No.73 Shree Circle, St.John'S Road India, Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Varasidhi Electro Tech Private Limited is U40104KA2014PTC074449 and the company number is 074449 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varasidhi Electro Tech Private Limited is https://www.varasidhielectrotech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varasidhi Electro Tech Private Limited has risen by 212.86%.

  • As Per 2023 financial reports, 4 employees are currently employed by Varasidhi Electro Tech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varasidhi Electro Tech Private Limited has experienced an upsurge of 20.20%.

  • The most recent Balance Sheet for Varasidhi Electro Tech Private Limited was filed with the ROC on 31 Mar 2023.