Varenya Constructions Limited
Develops and sells properties, including flats, buildings, shopping and residential complexes, and IT parks.
2006 | Chennai, Tamil Nadu (India) | Active
Varenya Constructions Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 18 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.10 Cr
- Satisfied Charges ₹ 46.47 Cr
- Revenue Growth 25.17%
- Profit Growth 5.92%
- Ebitda 11.01%
- Net Worth -51.05%
- Total Assets -41.66%
About Varenya Constructions
Varenya Constructions Limited (VCL) is a Public Limited Indian Non-Government Company incorporated in India on 26 September 2006 and has a history of 18 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Real Estate And Construction 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹36.10 Cr. The company has closed loans amounting to ₹46.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narasappan Kannaiyan, Harish Marlecha, Vimal Lunawath, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45209TN2006PLC061200
- Company No.
061200
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Sep 2006
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
Varenya Constructions Limited
Explore comprehensive data for Varenya Constructions Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varenya Constructions?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasappan Kannaiyan  | Additional Director | 06-Mar-2019 | Current |
| Harish Marlecha | Director | 16-Mar-2023 | Current |
| Vimal Lunawath | Director | 26-Sep-2006 | Current |
| Kamal Lunawath | Director | 26-Sep-2006 | Current |
Financial Performance of Varenya Constructions.
Varenya Constructions Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 25.17% increase. The company also saw a slight improvement in profitability, with a 5.92% increase in profit. The company's net worth observed a substantial decline by a decrease of 51.05%.
- Key Matrics
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- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Varenya Constructions?
In 2021, Varenya Constructions 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)
North Town Estates Private LimitedNarasappan Kannaiyan is a mutual person
Arihant Foundations & Housing LimitedVimal Lunawath and Kamal Lunawath are mutual person
- Transperent Heights Real Estate Limited
Narasappan Kannaiyan, Vimal Lunawath and 1 more are mutual person
- Arihant Hospitality (Chennai) Private Limited
Narasappan Kannaiyan and Harish Marlecha are mutual person
- Hills And Vales Real Estate Private Limited
Narasappan Kannaiyan and Harish Marlecha are mutual person
- Redstone Realtors Private Limited
Narasappan Kannaiyan is a mutual person
Charges (Loans)
Open Charges
₹361.00 M
Satisfied Charges
₹464.70 M
Charges Breakdown by Lending Institutions
- Gda Trusteeship Limited : 30.00 Cr
- Others : 6.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2023 | Others | ₹6.10 Cr | Open |
| 01 Jul 2015 | Gda Trusteeship Limited | ₹30.00 Cr | Open |
| 11 Jun 2012 | Kotak Mahindra Prime Limited | ₹20.00 Cr | Satisfied |
| 26 Nov 2009 | Positive Buildcon Private Limited | ₹11.47 Cr | Satisfied |
| 09 Jun 2008 | Kotak Mahindra Prime Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Varenya Constructions?
Varenya Constructions has a workforce of 20 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varenya Constructions, 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 Varenya Constructions'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.
Latest Updates, News, and FAQs on Varenya Constructions
Recent activity within the organization
- Annual General Meeting
Varenya Constructions Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 61.00 M with Charge ID 100787238 was registered on 11 Sep 2023.
- Balance Sheet
Varenya Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Harish Marlecha was appointed as a Director was appointed as a Director on 16 Mar 2023 & has been associated with this company since 2 years 2 months .
- Director Appointment
Narasappan Kannaiyan was appointed as a Additional Director was appointed as a Additional Director on 06 Mar 2019 & has been associated with this company since 6 years 2 months .
- Charges
A charge with Gda Trusteeship Limited amounted to Rs. 300.00 M with Charge ID 10584091 was registered on 01 Jul 2015.
Frequently asked questions
What is the Incorporation or founding date of Varenya Constructions Limited?
Varenya Constructions Limited was incorporated on 26 Sep 2006.
What is authorized share capital and paid-up capital of Varenya Constructions Limited?
The authorized share capital of Varenya Constructions Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Varenya Constructions Limited?
Currently 4 directors are associated with Varenya Constructions Limited.
- Narasappan Kannaiyan
- Harish Marlecha
- Vimal Lunawath
- Kamal Lunawath
What is the registered address of Varenya Constructions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varenya Constructions Limited is New No.3(Old .25) Ganapathy Colony 3Rd Street Off. Cenotaph Road, Teynampet India, Chennai, Tamil Nadu, 600018.
What is the corporate identification number (CIN) and company number of Varenya Constructions Limited?
The corporate identification number (CIN) of Varenya Constructions Limited is U45209TN2006PLC061200 and the company number is 061200 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Varenya Constructions Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Varenya Constructions Limited has risen by 25.17%.
How many employees does Varenya Constructions Limited currently have?
As Per 2021 financial reports, 20 employees are currently employed by Varenya Constructions Limited.
What change has been observed in the net worth of Varenya Constructions Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Varenya Constructions Limited has experienced an downturn of -51.05%.
What are the total open charges for Varenya Constructions Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Varenya Constructions Limited amount to ₹ 36.10 Cr.
When was the last Balance Sheet of Varenya Constructions Limited filed with the ROC?
The most recent Balance Sheet for Varenya Constructions Limited was filed with the ROC on 31 Mar 2023.
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