Varicon Pumps & Systems Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 16-06-2024
- Paid Up Capital ₹ 0.71 Cr
as on 16-06-2024
- Company Age 15 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.49 Cr
as on 16-06-2024
- Satisfied Charges ₹ 8.72 Cr
as on 16-06-2024
- Revenue -37.33%
(FY 2023)
- Profit -45.36%
(FY 2023)
- Ebitda -32.74%
(FY 2023)
- Net Worth 2.98%
(FY 2023)
- Total Assets -2.48%
(FY 2023)
About Varicon Pumps & Systems
The Company is engaged in the Machinery And Equipment 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 15.00 Cr and a paid-up capital of Rs 0.71 Cr.
The company currently has active open charges totaling ₹15.49 Cr. The company has closed loans amounting to ₹8.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sundaram Kumar, Ramasubramanian Sekar, Natarajan Kumar, and One other member serve as directors at the Company.
- CIN/LLPIN
U29253TN2009PTC071995
- Company No.
071995
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jun 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Varicon Pumps & Systems Private Limited offer?
Varicon Pumps & Systems Private Limited offers a wide range of products and services, including Chemical Plants & Machinery, Chemical Pumps.
Who are the key members and board of directors at Varicon Pumps & Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasubramanian Sekar  | Managing Director | 18-Jun-2009 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sundaram Kumar | Director | 21-Aug-2017 | Current |
| Natarajan Kumar | Director | 18-Jun-2009 | Current |
| Kuppusamy Ilamaran | Director | 18-Jun-2009 | Current |
Financial Performance and Corporate Structure Insights of Varicon Pumps & Systems.
Varicon Pumps & Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.33% decrease. The company also saw a substantial fall in profitability, with a 45.36% decrease in profit. The company's net worth moved up by a moderate rise of 2.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varicon Pumps & Systems?
In 2023, Varicon Pumps & 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)
9 years 2 months Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 05 May 2021 | ₹0.50 M | Open |
Axis Bank Limited Creation Date: 12 Feb 2020 | ₹15.09 Cr | Open |
Canara Bank Creation Date: 31 Jul 2018 | ₹3.09 M | Open |
How Many Employees Work at Varicon Pumps & Systems?
Varicon Pumps & Systems has a workforce of 49 employees as of Apr 10, 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
As of Nov 29, 2023, Varicon Pumps & Systems has raised a total of ₹ 7.44 Cr, with the most recent deal valued at ₹ 2.71 Cr. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
