Variac Systems Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.41 M
- Company Age 28 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.70 Cr
- Revenue Growth -41.68%
- Profit Growth -463.49%
- Ebitda -40.82%
- Net Worth -0.31%
- Total Assets 3.02%
About Variac Systems
Variac Systems Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 1996 and has a history of 28 years and four months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Engineering 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 1.50 M and a paid-up capital of Rs 1.41 M.
The company has closed loans amounting to ₹1.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sumithra Srikant and Srikant Sitaraman 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
U72300TN1996PTC036639
- Company No.
036639
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Sep 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Variac Systems Private Limited offer?
Variac Systems Private Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Database Management, GPS and Navigation Devices, Car & Vehicle GPS Devices, 3D Printer & Services, 3D CAD Designing, Inspection & Quality Check Services, Survey Solution.
Who are the key members and board of directors at Variac Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srikant Sitaraman  | Director | 26-Sep-1996 | Current |
| Sumithra Srikant | Director | 15-Sep-2000 | Current |
Financial Performance of Variac Systems.
Variac Systems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.68% decrease. The company also saw a substantial fall in profitability, with a 463.49% decrease in profit. The company's net worth dipped by a decrease of 0.31%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Variac Systems?
In 2021, Variac Systems 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)
Citann Engineers (India) Private LimitedSumithra Srikant and Srikant Sitaraman are mutual person
Avris Environment Technologies LlpSrikant Sitaraman is a mutual person
Avris Environment Technologies Private LimitedSrikant Sitaraman is a mutual person
Charges (Loans)
₹0
₹17.00 M
Charges Breakdown by Lending Institutions
- Punjab National Bank : 1.20 Cr
- Standard Chartered Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2011 | Standard Chartered Bank | ₹5.00 M | Satisfied |
| 31 Oct 1996 | Punjab National Bank | ₹1.20 Cr | Satisfied |
How Many Employees Work at Variac Systems?
Unlock and access historical data on people associated with Variac Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Variac Systems, 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 Variac Systems's trajectory.
Rating
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Alerts
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