Varass Loungeries Private Limited

Manufactures various types of clothing and apparel.

2019 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Varass Loungeries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.02 Cr
  • Revenue Growth 74.55%
  • Profit Growth -17.66%
  • Ebitda 77.12%
  • Net Worth 24.21%
  • Total Assets 91.77%

About Varass Loungeries

Varass Loungeries Private Limited (VLPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 June 2019 (Five years and eight months 18 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.02 Cr.

Santosh Amberkar and Abda Kaleyanji serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309MH2019PTC326401

  • Company No.

    326401

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Varass Loungeries?

Board Members (2)

NameDesignationAppointment DateStatus
Santosh Amberkar Country flag representing In Director 06-Jul-2022Current
Abda Kaleyanji Country flag representing In Director 07-Jun-2019Current

Financial Performance of Varass Loungeries.

Varass Loungeries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.55% increase. The company also saw a substantial fall in profitability, with a 17.66% decrease in profit. The company's net worth Soared by an impressive increase of 24.21%.

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
74.55%
Revenue from Operations
74.03%
Total Assets
91.77%
Profit or Loss
-17.66%
Net Worth
24.21%
EBITDA
77.12%

What is the Ownership and Shareholding Structure of Varass Loungeries?

In 2023, Varass Loungeries 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)

Open Charges

₹10.22 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.02 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2023Others₹1.22 MOpen
23 Jun 2023Others₹9.00 MOpen

How Many Employees Work at Varass Loungeries?

Unlock and access historical data on people associated with Varass Loungeries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varass Loungeries, 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 Varass Loungeries'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 Varass Loungeries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.22 M with Charge ID 100755278 was registered on 15 Jul 2023.

    15 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 100755277 was registered on 23 Jun 2023.

    23 Jun 2023

  • Balance Sheet

    Varass Loungeries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Santosh Vasudev Amberkar was appointed as a Director was appointed as a Director on 06 Jul 2022 & has been associated with this company since 2 years 7 months .

    06 Jul 2022

  • Director Appointment

    Abda Ashoksinh Kaleyanji was appointed as a Director was appointed as a Director on 07 Jun 2019 & has been associated with this company since 5 years 8 months .

    07 Jun 2019

Frequently asked questions

  • Varass Loungeries Private Limited was incorporated on 07 Jun 2019.

  • The authorized share capital of Varass Loungeries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varass Loungeries Private Limited.

    • Santosh Vasudev Amberkar
    • Abda Ashoksinh Kaleyanji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varass Loungeries Private Limited is Flat No . 107 To 109 Survey No.25 Udhav Krupa Complex B Building Mankoli Anjurphata Road, Dapode India, Bhiwandi, Maharashtra, 421308.

  • The corporate identification number (CIN) of Varass Loungeries Private Limited is U17309MH2019PTC326401 and the company number is 326401 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varass Loungeries Private Limited has risen by 74.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varass Loungeries Private Limited has experienced an upsurge of 24.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varass Loungeries Private Limited amount to ₹ 1.02 Cr.

  • The most recent Balance Sheet for Varass Loungeries Private Limited was filed with the ROC on 31 Mar 2023.

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