Varda Auto Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.00 M
- Satisfied Charges ₹ 6.00 M
- Revenue Growth -38.64%
- Profit Growth -3105.12%
- Ebitda 103.05%
- Net Worth -397.77%
- Total Assets -11.84%
About Varda Auto
Varda Auto Private Limited (VAPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2016 (Eight years and two months 17 days old ). Its registered office is in Ludhiana, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.
Gurdev Singh and Gurkanwar Panesar serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50404PB2016PTC045920
- Company No.
045920
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Dec 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Varda Auto?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurdev Singh  | Director | 18-Feb-2017 | Current |
| Gurkanwar Panesar | Director | 18-Feb-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varda Auto?
In 2020, Varda Auto had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ashiga Eco Recycling Private LimitedGurkanwar Panesar is a mutual person
Charges (Loans)
₹3.00 M
₹6.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2018 | Hdfc Bank Limited | ₹3.00 M | Open |
| 20 May 2017 | Others | ₹6.00 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varda Auto, 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 Varda Auto'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.
