Vareli Trading Company Limited

Textile trading company specializing in fabrics, yarns, fibers, and synthetic materials.

1987 | Surat, Gujarat (India) | Merged
Last Updated: January 18, 2025

Vareli Trading Company Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 1.49 M
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -74.35%
  • Profit Growth -125.02%
  • Ebitda 88.92%
  • Net Worth -0.01%
  • Total Assets -0.03%

About Vareli Trading Company

Vareli Trading Company Limited (VTCL) is Amalgamated company established on 10 Feb 1987 with its office registered at Surat, Gujarat, India and has been running since 37 Year, 11 Months with a paid up capital of 1.49 M. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1987PLC009405

  • Company No.

    009405

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1987

  • Date of AGM

    30 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Vareli Trading Company?

Board Members (3)

Name Designation Appointment Date Status
Praful Shah Country flag representing In Director 11-Dec-2009 Current
Alok Shah Country flag representing In Director 27-Apr-1989 Current
Suhail Shah Country flag representing In Director 11-Dec-2009 Current

Financial Performance of Vareli Trading Company.

Vareli Trading Company Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 74.35% decrease. The company also saw a substantial fall in profitability, with a 125.02% decrease in profit. The company's net worth dipped by a decrease of 0.01%.

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
-74.35%
Revenue from Operations
-61.64%
Total Assets
-0.03%
Profit or Loss
-125.02%
Net Worth
-0.01%
EBITDA
88.92%

What is the Ownership and Shareholding Structure of Vareli Trading Company?

In 2018, Vareli Trading Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vareli Trading Company?

Unlock and access historical data on people associated with Vareli Trading Company, 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 Vareli Trading Company, 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 Vareli Trading Company'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 Vareli Trading Company

Recent activity within the organization

  • Annual General Meeting

    Vareli Trading Company Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.

    30 Sep 2021

  • Balance Sheet

    Vareli Trading Company Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • Director Appointment

    Praful Amichand Shah was appointed as a Director was appointed as a Director on 11 Dec 2009 & has been associated with this company since 15 years 1 month .

    11 Dec 2009

  • Director Appointment

    Suhail Praful Shah was appointed as a Director was appointed as a Director on 11 Dec 2009 & has been associated with this company since 15 years 1 month .

    11 Dec 2009

  • Director Appointment

    Alok Praful Shah was appointed as a Director was appointed as a Director on 27 Apr 1989 & has been associated with this company since 35 years 9 months .

    27 Apr 1989

  • Company Incorporation

    Vareli Trading Company Limited was registered on 10 Feb 1987 with Roc Ahmedabad & aged 37 years 11 months as per MCA records.

    10 Feb 1987

Frequently asked questions

  • Vareli Trading Company Limited was incorporated on 10 Feb 1987.

  • The authorized share capital of Vareli Trading Company Limited is ₹ 9.00 Cr and paid-up capital is ₹ 1.49 M.

  • Currently 3 directors are associated with Vareli Trading Company Limited.

    • Praful Amichand Shah
    • Alok Praful Shah
    • Suhail Praful Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vareli Trading Company Limited is Dr Amichand Shah Wadi Rampura Tunki, India, Surat, Gujarat, 395003.

  • The corporate identification number (CIN) of Vareli Trading Company Limited is U65910GJ1987PLC009405 and the company number is 009405 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Vareli Trading Company Limited has fallen by -74.35%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Vareli Trading Company Limited has experienced an downturn of -0.01%.

  • The most recent Balance Sheet for Vareli Trading Company Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Textile Retail & Distribution