Varcas Automobiles Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 6 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 Cr
- Revenue Growth 427.95%
- Profit Growth 258.27%
- Ebitda 163.40%
- Net Worth 51.62%
- Total Assets 81.70%
About Varcas Automobiles
Varcas Automobiles Private Limited (VAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 November 2018 (Six years and two months 12 days old ). Its registered office is in Medak, Telangana, India.
The Company is engaged in the Automotive 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹4.50 Cr.
Ramakrishna Vemireddy, Saranya Chukkaluru, and Venugopal Vemireddy serve as directors at the Company.
Company Details
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Location
Medak, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999TG2018PTC128656
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Company No.
128656
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Nov 2018
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Varcas Automobiles?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramakrishna Vemireddy
|
Director | 04-Feb-2019 | Current |
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Saranya Chukkaluru
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Director | 01-Feb-2024 | Current |
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Venugopal Vemireddy
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Additional Director | 26-Feb-2024 | Current |
Financial Performance of Varcas Automobiles.
Varcas Automobiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 427.95% increase. The company also saw a substantial improvement in profitability, with a 258.27% increase in profit. The company's net worth Soared by an impressive increase of 51.62%.
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What is the Ownership and Shareholding Structure of Varcas Automobiles?
In 2021, Varcas Automobiles had a promoter holding of 90.91% and a public holding of 9.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ship24by7 LlpRamakrishna Vemireddy is a mutual person
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Varcas Ev Solutions Private Limited
Ramakrishna Vemireddy is a mutual person
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Varcas Tadpole Ev Solutions Private Limited
Ramakrishna Vemireddy is a mutual person
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Vinardh Automobiles Private Limited
Ramakrishna Vemireddy is a mutual person
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Instakos Health Private Limited
Ramakrishna Vemireddy is a mutual person
-
Varcas Ev Retail Private Limited
Saranya Chukkaluru is a mutual person
Charges (Loans)
₹4.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2020 | Others | ₹4.50 Cr | Open |
How Many Employees Work at Varcas Automobiles?
Varcas Automobiles has a workforce of 46 employees as of Mar 21, 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 Varcas Automobiles, 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 Varcas Automobiles'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.
