Variety Art Stones Limited

Manufactures and exports artificial stones, quartz stone, and ceramic parts for various industries.

2010 | Sabarkantha, Gujarat (India) | Active
Last Updated: December 28, 2024

Variety Art Stones Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.12 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 14.80 Cr
  • Revenue Growth -21.54%
  • Profit Growth 143.81%
  • Ebitda 50.61%
  • Net Worth 5.40%
  • Total Assets -10.05%

About Variety Art Stones

Variety Art Stones Limited (VASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 2010 and has a history of 14 years and five months. Its registered office is in Sabarkantha, Gujarat, India.

The Company is engaged in the Ceramics 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 3.50 Cr and a paid-up capital of Rs 3.12 Cr.

The company has closed loans amounting to ₹14.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vinodkumar Patel, Maheshkumar Patel, and Kamleshkumar Patel serve as directors at the Company.

Company Details

  • Location

    Sabarkantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26913GJ2010PLC062292

  • Company No.

    062292

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Ceramics
Musical Instruments

Who are the key members and board of directors at Variety Art Stones?

Board Members (3)

NameDesignationAppointment DateStatus
Vinodkumar Patel Country flag representing In Director 14-Sep-2010Current
Maheshkumar Patel Country flag representing In Director 18-Mar-2023Current
Kamleshkumar Patel Country flag representing In Director 14-Sep-2010Current

Financial Performance of Variety Art Stones.

Variety Art Stones Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 21.54% decrease. The company also saw a substantial improvement in profitability, with a 143.81% increase in profit. The company's net worth moved up by a moderate rise of 5.4%.

Graph illustrating revenue growth over time
Graph showing 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
-21.54%
Revenue from Operations
-21.04%
Total Assets
-10.05%
Profit or Loss
143.81%
Net Worth
5.40%
EBITDA
50.61%

What is the Ownership and Shareholding Structure of Variety Art Stones?

In 2019, Variety Art Stones had a promoter holding of 72.69% and a public holding of 27.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹14.80 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 14.80 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2011Icici Bank Limited₹8.80 CrSatisfied
27 Apr 2011Icici Bank Limited₹6.00 CrSatisfied

How Many Employees Work at Variety Art Stones?

Variety Art Stones has a workforce of 10 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Variety Art Stones, 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 Variety Art Stones'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 Variety Art Stones

Recent activity within the organization

  • Annual General Meeting

    Variety Art Stones Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Variety Art Stones Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Maheshkumar Amrutbhai Patel was appointed as a Director was appointed as a Director on 18 Mar 2023 & has been associated with this company since 1 year 11 months .

    18 Mar 2023

  • Charges

    A charge registered on 12 May 2011 via Charge ID 10287115 with Icici Bank Limited was fully satisfied on 31 Jan 2017.

    31 Jan 2017

  • Charges

    A charge registered on 27 Apr 2011 via Charge ID 10286742 with Icici Bank Limited was fully satisfied on 31 Jan 2017.

    31 Jan 2017

  • Charges

    A charge with Icici Bank Limited of Rs. 6.00 Cr registered on 27 Apr 2011 with Charge ID 10286742 was modified on 01 May 2015.

    01 May 2015

Frequently asked questions

  • Variety Art Stones Limited was incorporated on 14 Sep 2010.

  • The authorized share capital of Variety Art Stones Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.12 Cr.

  • Currently 3 directors are associated with Variety Art Stones Limited.

    • Vinodkumar Karshanbhai Patel
    • Maheshkumar Amrutbhai Patel
    • Kamleshkumar Vitthalbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Variety Art Stones Limited is Block No. 199 Katwad Patiya Road, Ta.- Prantij India, Sonasan, Gujarat, 383210.

  • The corporate identification number (CIN) of Variety Art Stones Limited is U26913GJ2010PLC062292 and the company number is 062292 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Variety Art Stones Limited has fallen by -21.54%.

  • As Per 2019 financial reports, 10 employees are currently employed by Variety Art Stones Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Variety Art Stones Limited has experienced an upsurge of 5.40%.

  • The most recent Balance Sheet for Variety Art Stones Limited was filed with the ROC on 31 Mar 2024.

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