Varia Steel Industries Private Limited

Manufacturing company with assets and liabilities, registered in 1971 in Gujarat.

1971 | Bhavnagar, Gujarat (India) | Active
Last Updated:

Varia Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.17 M
  • Company Age 53 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.47 Cr
  • Revenue Growth 74.72%
  • Ebitda -72.73%
  • Net Worth -2.36%
  • Total Assets 0.25%

About Varia Steel Industries

Varia Steel Industries Private Limited (VSIPL) was founded in India on 29 April 1971 and has a glorious history of 53 years and 11 months.Its registered office is in Bhavnagar, Gujarat, India.

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 2.50 M and a paid-up capital of Rs 1.17 M.

The company currently has active open charges totaling ₹1.47 Cr.

Pankaj Varia and Suchi Naria serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310GJ1971PTC001891

  • Company No.

    001891

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 1971

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Other Industry
Company report

Varia Steel Industries Private Limited

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

Who are the key members and board of directors at Varia Steel Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Suchi Naria Country flag representing In Director 05-Mar-2018Current
Pankaj Varia Country flag representing In Director 04-Apr-1991Current

Financial Performance of Varia Steel Industries.

Varia Steel Industries Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 74.72% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 2.36%.

Varia Steel Industries revenue growth over time
Varia Steel Industries 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
74.72%
Revenue from Operations
Total Assets
0.25%
Profit or Loss
Net Worth
-2.36%
EBITDA
-72.73%

What is the Ownership and Shareholding Structure of Varia Steel Industries?

In 2018, Varia Steel Industries 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)

Open Charges

₹14.74 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dena Bank : 0.76 Cr
  • Bank Of Baroda : 0.55 Cr
  • The Oriental Hire & General Insurance Co. Ltd. : 0.08 Cr
  • The Oriental Fire & General Insurance Co. Ltd. : 0.05 Cr
  • The Hongkong & Shanghai Banking Corporation Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
01 Apr 2000The Hongkong & Shanghai Banking Corporation Ltd.₹0.32 MOpen
02 Jun 1999Bank Of Baroda₹5.50 MOpen
23 Dec 1978Dena Bank₹7.04 MOpen
15 Feb 1975Dena Bank₹0.56 MOpen
20 Jan 1973The Oriental Hire & General Insurance Co. Ltd.₹0.81 MOpen

How Many Employees Work at Varia Steel Industries?

Unlock and access historical data on people associated with Varia Steel Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varia Steel Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varia Steel Industries, 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 Steel Industries'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 Steel Industries

Recent activity within the organization

  • Annual General Meeting

    Varia Steel Industries Private Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Varia Steel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Suchi Siddharth Naria was appointed as a Director was appointed as a Director on 05 Mar 2018 & has been associated with this company since 7 years 1 month .

  • Charges

    A charge with The Hongkong & Shanghai Banking Corporation Ltd. amounted to Rs. 0.32 M with Charge ID 90379149 was registered on 01 Apr 2000.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 5.50 M with Charge ID 90379136 was registered on 02 Jun 1999.

  • Charges

    A charge with Bank Of Baroda of Rs. 5.50 M registered on 02 Jun 1999 with Charge ID 90379136 was modified on 02 Jun 1999.

Frequently asked questions

  • What is the Incorporation or founding date of Varia Steel Industries Private Limited?

    Varia Steel Industries Private Limited was incorporated on 29 Apr 1971.

  • What is authorized share capital and paid-up capital of Varia Steel Industries Private Limited?

    The authorized share capital of Varia Steel Industries Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.17 M.

  • Who are the current board members & directors of Varia Steel Industries Private Limited?

    Currently 2 directors are associated with Varia Steel Industries Private Limited.

    • Pankaj Dhirajbhai Varia
    • Suchi Siddharth Naria
  • What is the registered address of Varia Steel Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varia Steel Industries Private Limited is Jubilee Hotel, Panwadi B/H. Pil Garden India, Bhavnagar, Gujarat, 364001.

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

    The corporate identification number (CIN) of Varia Steel Industries Private Limited is U27310GJ1971PTC001891 and the company number is 001891 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varia Steel Industries Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Varia Steel Industries Private Limited has risen by 74.72%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Varia Steel Industries Private Limited has experienced an downturn of -2.36%.

  • What are the total open charges for Varia Steel Industries Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Varia Steel Industries Private Limited amount to ₹ 1.47 Cr.

  • When was the last Balance Sheet of Varia Steel Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Varia Steel Industries Private Limited was filed with the ROC on 31 Mar 2024.

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