Variation Electric Company Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 24 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.92 Cr
- Satisfied Charges ₹ 1.01 Cr
- Revenue Growth 40.27%
- Profit Growth 28.68%
- Ebitda 23.47%
- Net Worth 22.74%
- Total Assets 64.16%
About Variation Electric Company
Variation Electric Company Private Limited (VECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 October 2000 and has a history of 24 years and four months. Its registered office is in Faridabad, Haryana, India.
The Company is engaged in the Energy And Power 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹10.92 Cr. The company has closed loans amounting to ₹1.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Burhan Shahid, Shagufta Shahid, and Salman Shahid serve as directors at the Company.
Company Details
- Location
Faridabad, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909HR2000PTC040005
- Company No.
040005
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Oct 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
What products or services does Variation Electric Company Private Limited offer?
Variation Electric Company Private Limited offers a wide range of products and services, including Electric Motors and Components, Induction Motors, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Industrial Gearboxes, Switches & Switch Boxes, Light Dimmer, Gear Motor, DC Motor, Synchronous Motor.
Who are the key members and board of directors at Variation Electric Company?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Burhan Shahid  | Director | 01-Jan-2006 | Current |
| Shagufta Shahid | Director | 06-Oct-2000 | Current |
| Salman Shahid | Director | 21-Jan-2015 | Current |
Financial Performance of Variation Electric Company.
Variation Electric Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.27% increase. The company also saw a substantial improvement in profitability, with a 28.68% increase in profit. The company's net worth Soared by an impressive increase of 22.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Variation Electric Company?
In 2023, Variation Electric 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.
Charges (Loans)
Open Charges
₹10.92 Cr
Satisfied Charges
₹1.01 Cr
Charges Breakdown by Lending Institutions
- Others : 8.17 Cr
- Hdfc Bank Limited : 2.58 Cr
- Sidbi : 0.12 Cr
- Bombay Mercantile Co-Op. Bank Ltd. : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹2.67 Cr | Open |
| 24 Nov 2023 | Others | ₹3.50 Cr | Open |
| 25 Aug 2022 | Hdfc Bank Limited | ₹2.20 M | Open |
| 20 Jan 2022 | Others | ₹2.00 Cr | Open |
| 24 Jun 2019 | Hdfc Bank Limited | ₹2.36 Cr | Open |
How Many Employees Work at Variation Electric Company?
Unlock and access historical data on people associated with Variation Electric Company, 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 Variation Electric 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 Variation Electric Company'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 Variation Electric Company
Recent activity within the organization
- Annual General Meeting
Variation Electric Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 2.67 Cr with Charge ID 100919787 was registered on 30 Apr 2024.
- Balance Sheet
Variation Electric Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100861226 was registered on 24 Nov 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 2.36 Cr registered on 24 Jun 2019 with Charge ID 100288254 was modified on 07 Nov 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100649181 was registered on 25 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Variation Electric Company Private Limited?
Variation Electric Company Private Limited was incorporated on 06 Oct 2000.
What is authorized share capital and paid-up capital of Variation Electric Company Private Limited?
The authorized share capital of Variation Electric Company Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Variation Electric Company Private Limited?
Currently 3 directors are associated with Variation Electric Company Private Limited.
- Burhan Shahid
- Shagufta Shahid
- Salman Shahid
What is the registered address of Variation Electric Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Variation Electric Company Private Limited is Plot No. 31 Karkhana Bagh 16/2, Mathura Road India, Faridabad, Haryana, 121002.
What is the corporate identification number (CIN) and company number of Variation Electric Company Private Limited?
The corporate identification number (CIN) of Variation Electric Company Private Limited is U31909HR2000PTC040005 and the company number is 040005 as per Ministry of Corporate Affairs (MCA).
What is the official website of Variation Electric Company Private Limited?
The Official website of Variation Electric Company Private Limited is https://www.abronmotors.com
What has been the recent revenue trend for Variation Electric Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Variation Electric Company Private Limited has risen by 40.27%.
What change has been observed in the net worth of Variation Electric Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Variation Electric Company Private Limited has experienced an upsurge of 22.74%.
What are the total open charges for Variation Electric Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Variation Electric Company Private Limited amount to ₹ 10.92 Cr.
When was the last Balance Sheet of Variation Electric Company Private Limited filed with the ROC?
The most recent Balance Sheet for Variation Electric Company Private Limited was filed with the ROC on 31 Mar 2024.
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