Varia Engineering Works Private Limited

Manufactures rolling mill machines and cold-rolled stainless steel coils and sheets.

2000 | Ahmedabad, Gujarat (India) | Under Liquidation
Last Updated:

Varia Engineering Works Profile

Key Indicators

  • Authorised Capital ₹ 176.00 Cr
  • Paid Up Capital ₹ 175.72 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 1,009.11 Cr
  • Satisfied Charges ₹ 352.72 Cr
  • Revenue Growth -77.71%
  • Profit Growth -240.81%
  • Ebitda -130.82%
  • Net Worth -18.84%
  • Total Assets 15.90%

About Varia Engineering Works

Varia Engineering Works Private Limited (VEWPL) is Under Liquidation company established on 14 Feb 2000 with its office registered at Ahmedabad, Gujarat, India and has been running since 25 Year, 2 Months with a paid up capital of 175.72 Cr. According to MCA records, 2 Directors are linked to this company as of 15 May 2024.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32109GJ2000PTC037360

  • Company No.

    037360

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2000

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Varia Engineering Works Private Limited offer?

Varia Engineering Works Private Limited offers a wide range of products and services, including Machines & Equipments, Tube Mills.

Company report

Varia Engineering Works Private Limited

Explore comprehensive data for Varia Engineering Works Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Varia Engineering Works?

Board Members (2)

NameDesignationAppointment DateStatus
Himanshu Varia Country flag representing In Whole-Time Director 14-Feb-2000Current
Prafulchandra Varia Country flag representing In Whole-Time Director 14-Feb-2000Current

Financial Performance of Varia Engineering Works.

Varia Engineering Works Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 77.71% decrease. The company also saw a substantial fall in profitability, with a 240.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.84%.

Varia Engineering Works revenue growth over time
Varia Engineering Works 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
-77.71%
Revenue from Operations
-77.77%
Total Assets
15.90%
Profit or Loss
-240.81%
Net Worth
-18.84%
EBITDA
-130.82%

What is the Ownership and Shareholding Structure of Varia Engineering Works?

Unlock access to Varia Engineering Works's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,009.11 Cr

Satisfied Charges

₹352.72 Cr

Charges Breakdown by Lending Institutions

  • Pnb Investment Service Ltd - Sec Trustee Of Sbi Consrtim Sbi-Boi-Bob-Cbi-Bom-Pnb-Vijaya Bank : 842.38 Cr
  • Bank Of Baroda : 68.23 Cr
  • Punjab National Bank : 35.00 Cr
  • Canara Bank : 20.00 Cr
  • Bank Of India : 15.00 Cr
  • Others : 28.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2014Kotak Mahindra Prime Limited₹4.00 CrOpen
16 Sep 2013Canara Bank₹20.00 CrOpen
11 Apr 2013Punjab National Bank₹35.00 CrOpen
03 Jan 2013Bank Of India₹5.00 CrOpen
29 Sep 2012Intec Capital Limited₹5.00 CrOpen

How Many Employees Work at Varia Engineering Works?

Varia Engineering Works has a workforce of 45 employees as of Apr 05, 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.

Employee growth trends for Varia Engineering Works Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varia Engineering Works, 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 Varia Engineering Works'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 Varia Engineering Works

Recent activity within the organization

  • Annual General Meeting

    Varia Engineering Works Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

  • Balance Sheet

    Varia Engineering Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Ahmedabad.

  • Charges

    A charge with Kotak Mahindra Prime Limited amounted to Rs. 4.00 Cr with Charge ID 10517253 was registered on 29 Jul 2014.

  • Charges

    A charge registered on 19 May 2012 via Charge ID 10357782 with Intec Capital Limited was fully satisfied on 14 Apr 2014.

  • Charges

    A charge registered on 22 Mar 2013 via Charge ID 10422875 with State Bank Of India was fully satisfied on 03 Feb 2014.

  • Charges

    A charge registered on 29 May 2012 via Charge ID 10361774 with State Bank Of India was fully satisfied on 03 Feb 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Varia Engineering Works Private Limited?

    Varia Engineering Works Private Limited was incorporated on 14 Feb 2000.

  • What is authorized share capital and paid-up capital of Varia Engineering Works Private Limited?

    The authorized share capital of Varia Engineering Works Private Limited is ₹ 176.00 Cr and paid-up capital is ₹ 175.72 Cr.

  • Who are the current board members & directors of Varia Engineering Works Private Limited?

    Currently 2 directors are associated with Varia Engineering Works Private Limited.

    • Himanshu Prafulchandra Varia
    • Prafulchandra Punjalal Varia
  • What is the registered address of Varia Engineering Works Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varia Engineering Works Private Limited is 2005 Phase Iv, G I D C Vatva, Ahmedabad, Gujarat, India, 382442.

  • What is the corporate identification number (CIN) and company number of Varia Engineering Works Private Limited?

    The corporate identification number (CIN) of Varia Engineering Works Private Limited is U32109GJ2000PTC037360 and the company number is 037360 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varia Engineering Works Private Limited?

    The Official website of Varia Engineering Works Private Limited is https://www.variacoldrolling.com

  • What has been the recent revenue trend for Varia Engineering Works Private Limited?

    According to the financial reports for the fiscal year 2015, the revenue trend for Varia Engineering Works Private Limited has fallen by -77.71%.

  • How many employees does Varia Engineering Works Private Limited currently have?

    As Per 2015 financial reports, 45 employees are currently employed by Varia Engineering Works Private Limited.

  • What change has been observed in the net worth of Varia Engineering Works Private Limited, and by what percentage?

    The financial reports for the fiscal year 2015 indicates that The net worth of Varia Engineering Works Private Limited has experienced an downturn of -18.84%.

  • What are the total open charges for Varia Engineering Works Private Limited?

    As per the financial statements for fiscal Year 2015, The total open charges for Varia Engineering Works Private Limited amount to ₹ 1,009.11 Cr.

  • When was the last Balance Sheet of Varia Engineering Works Private Limited filed with the ROC?

    The most recent Balance Sheet for Varia Engineering Works Private Limited was filed with the ROC on 31 Mar 2015.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Industrial Machine Tools