Varco-Sara (India) Private Limited

Manufactures equipment for oil and gas exploration and drilling.

1991 | Delhi (India) | Active
Last Updated: January 20, 2025

Varco-Sara (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.75 M
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.23 Cr
  • Satisfied Charges ₹ 3.38 Cr
  • Revenue Growth -37.35%
  • Profit Growth 36.48%
  • Ebitda 45.91%
  • Net Worth 0.59%
  • Total Assets 1.41%

About Varco-Sara (India)

Varco-Sara (India) Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 September 1991 and has a history of 33 years and five months. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 2.75 M.

The company currently has active open charges totaling ₹4.23 Cr. The company has closed loans amounting to ₹3.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Dhawan, Rakesh Dhawan, and Samir Dhawan serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC045802

  • Company No.

    045802

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

Who are the key members and board of directors at Varco-Sara (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Vijay Dhawan Country flag representing In Director 25-Sep-1991Current
Rakesh Dhawan Country flag representing In Director 11-Jan-2017Current
Samir Dhawan Country flag representing In Director 16-Dec-2021Current

Financial Performance of Varco-Sara (India).

Varco-Sara (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.35% decrease. The company also saw a substantial improvement in profitability, with a 36.48% increase in profit. The company's net worth moved up by a moderate rise of 0.59%.

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
-37.35%
Revenue from Operations
Total Assets
1.41%
Profit or Loss
36.48%
Net Worth
0.59%
EBITDA
45.91%

What is the Ownership and Shareholding Structure of Varco-Sara (India)?

In 2023, Varco-Sara (India) had a promoter holding of 8.24% and a public holding of 91.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.30 M

Satisfied Charges

₹33.77 M

Charges Breakdown by Lending Institutions

  • Hdb Financial Services Limited : 3.80 Cr
  • The Pradeshiya Industrial And Investment Cor. Of U.P Ltd. : 0.34 Cr
  • U.P.F.C. : 0.07 Cr
  • Canara Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2022Hdb Financial Services Limited₹3.80 CrOpen
21 Feb 1997U.P.F.C.₹0.70 MOpen
19 Oct 1993The Pradeshiya Industrial And Investment Cor. Of U.P Ltd.₹3.40 MOpen
09 Mar 1993Canara Bank₹0.20 MOpen
02 May 2017Hdfc Bank Limited₹2.25 CrSatisfied

How Many Employees Work at Varco-Sara (India)?

Unlock and access historical data on people associated with Varco-Sara (India), 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 Varco-Sara (India), 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 Varco-Sara (India)'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 Varco-Sara (India)

Recent activity within the organization

  • Annual General Meeting

    Varco-Sara (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varco-Sara (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 02 May 2017 via Charge ID 100109969 with Hdfc Bank Limited was fully satisfied on 05 Dec 2022.

    05 Dec 2022

  • Charges

    A charge with Hdb Financial Services Limited amounted to Rs. 38.00 M with Charge ID 100677799 was registered on 31 Oct 2022.

    31 Oct 2022

  • Director Appointment

    Samir Dhawan was appointed as a Director was appointed as a Director on 16 Dec 2021 & has been associated with this company since 3 years 2 months .

    16 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.50 M with Charge ID 100109969 was registered on 02 May 2017.

    02 May 2017

Frequently asked questions

  • Varco-Sara (India) Private Limited was incorporated on 25 Sep 1991.

  • The authorized share capital of Varco-Sara (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.75 M.

  • Currently 3 directors are associated with Varco-Sara (India) Private Limited.

    • Vijay Kumar Dhawan
    • Rakesh Dhawan
    • Samir Dhawan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varco-Sara (India) Private Limited is E-30 Anand Niketan, (Basement) India, Delhi, 110021.

  • The corporate identification number (CIN) of Varco-Sara (India) Private Limited is U74899DL1991PTC045802 and the company number is 045802 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varco-Sara (India) Private Limited has fallen by -37.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varco-Sara (India) Private Limited has experienced an upsurge of 0.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varco-Sara (India) Private Limited amount to ₹ 4.23 Cr.

  • The most recent Balance Sheet for Varco-Sara (India) Private Limited was filed with the ROC on 31 Mar 2024.

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