Varda Energy & Engineering Private Limited

Energy and engineering company trading iron and steel, selling maize seeds, and generating and supplying electrical power.

2008 | Raipur, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Varda Energy & Engineering Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 14.31 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 94.00 Cr
  • Satisfied Charges ₹ 63.00 Cr
  • Revenue Growth -98.79%
  • Profit Growth 499.88%
  • Ebitda -187.41%
  • Net Worth 1.75%
  • Total Assets 2.49%

About Varda Energy & Engineering

Varda Energy & Engineering Private Limited (VEEPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 2008 and has a history of 16 years and ten months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Varda Energy & Engineering Limited. The Company is engaged in the Agriculture 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 16.00 Cr and a paid-up capital of Rs 14.31 Cr.

The company currently has active open charges totaling ₹94.00 Cr. The company has closed loans amounting to ₹63.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Radhe Agarwal and Manju Agrawal serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40102CT2008PTC020596

  • Company No.

    020596

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Agriculture

Who are the key members and board of directors at Varda Energy & Engineering?

Board Members (2)

Name Designation Appointment Date Status
Radhe Agarwal Country flag representing In Director 04-Mar-2008 Current
Manju Agrawal Country flag representing In Director 04-Mar-2008 Current

Financial Performance of Varda Energy & Engineering.

Varda Energy & Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.79% decrease. The company also saw a substantial improvement in profitability, with a 499.88% increase in profit. The company's net worth moved up by a moderate rise of 1.75%.

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
-98.79%
Revenue from Operations
Total Assets
2.49%
Profit or Loss
499.88%
Net Worth
1.75%
EBITDA
-187.41%

What is the Ownership and Shareholding Structure of Varda Energy & Engineering?

In 2023, Varda Energy & Engineering had a promoter holding of 67.59% and a public holding of 32.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.00 Cr

Satisfied Charges

₹63.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 94.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Aug 2024 Canara Bank ₹94.00 Cr Open
13 Jul 2017 Others ₹63.00 Cr Satisfied

How Many Employees Work at Varda Energy & Engineering?

Unlock and access historical data on people associated with Varda Energy & Engineering, 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 Varda Energy & Engineering, 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 Energy & Engineering'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 Varda Energy & Engineering

Recent activity within the organization

  • Annual General Meeting

    Varda Energy & Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 94.00 Cr with Charge ID 100969798 was registered on 14 Aug 2024.

    14 Aug 2024

  • Balance Sheet

    Varda Energy & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge registered on 13 Jul 2017 via Charge ID 100140065 with Others was fully satisfied on 22 May 2019.

    22 May 2019

  • Charges

    A charge with Others amounted to Rs. 63.00 Cr with Charge ID 100140065 was registered on 13 Jul 2017.

    13 Jul 2017

  • Director Appointment

    Radhe Shyam Agarwal was appointed as a Director was appointed as a Director on 04 Mar 2008 & has been associated with this company since 16 years 10 months .

    04 Mar 2008

Frequently asked questions

  • Varda Energy & Engineering Private Limited was incorporated on 04 Mar 2008.

  • The authorized share capital of Varda Energy & Engineering Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 14.31 Cr.

  • Currently 2 directors are associated with Varda Energy & Engineering Private Limited.

    • Radhe Shyam Agarwal
    • Manju Devi Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varda Energy & Engineering Private Limited is Room No. 215 02Nd Floor, Deshbandhu Press Complex Agrasen Chowk India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Varda Energy & Engineering Private Limited is U40102CT2008PTC020596 and the company number is 020596 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varda Energy & Engineering Private Limited has fallen by -98.79%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varda Energy & Engineering Private Limited has experienced an upsurge of 1.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varda Energy & Engineering Private Limited amount to ₹ 94.00 Cr.

  • The most recent Balance Sheet for Varda Energy & Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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