Varda Auto Private Limited

Varda Auto Private Limited

Distributes and services motor insurance policies, automobiles, and related parts and accessories.
2016 | Ludhiana, Punjab (India) | Active

Last Updated:

June 21, 2024
HomeCompanyVarda Auto Private Limited

Who are the key members and board of directors at Varda Auto?

Board Members(2)

NameDesignationAppointment DateStatus
Gurkanwar Panesar In Director 18-Feb-2017Current
Gurdev Singh In Director 18-Feb-2017Current

Financial Performance of Varda Auto.

Varda Auto Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 38.64% decrease. The company also saw a substantial fall in profitability, with a 3105.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 397.77%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-38.64%
Revenue from Operations
-36.94%
Total Assets
-11.84%
Profit or Loss
-3105.12%
Net Worth
-397.77%
EBITDA
103.05%

Charges (Loans)

Open Charges

₹9.00 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 12 Jul 2018
₹3.00 MOpen

Others

Creation Date: 20 May 2017
₹6.00 MOpen

How Many Employees Work at Varda Auto?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Varda Auto

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varda Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 6.00 M registered on 20 May 2017 with Charge ID 100102241 was modified on 18 Sep 2020.

    18 Sep 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 100249517 was registered on 12 Jul 2018.

    12 Jul 2018

  • Charges

    A charge with Others amounted to Rs. 6.00 M with Charge ID 100102241 was registered on 20 May 2017.

    20 May 2017

  • Director Appointment

    Gurkanwar Preet Panesar was appointed as a Director was appointed as a Director on 18 Feb 2017 & has been associated with this company since 7 years 10 months .

    18 Feb 2017

Frequently asked questions

  • Varda Auto Private Limited was incorporated on 08 Dec 2016.

  • The authorized share capital of Varda Auto Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varda Auto Private Limited.

    • Gurkanwar Preet Panesar
    • Gurdev Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varda Auto Private Limited is 14606/1-A Gandhi Nagar, Dholewal, Ludhiana, Punjab, India, 141003.

  • The corporate identification number (CIN) of Varda Auto Private Limited is U50404PB2016PTC045920 and the company number is 045920 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varda Auto Private Limited has fallen by -38.64%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varda Auto Private Limited has experienced an downturn of -397.77%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Varda Auto Private Limited amount to ₹ 9.00 M.

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

People also Viewed

Similar Companies Based on Auto Dealership & Trading