Variety Metals Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.88 M
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.59 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth 18.51%
- Profit Growth -7.52%
- Ebitda 5.83%
- Net Worth 6.71%
- Total Assets -0.74%
About Variety Metals
Variety Metals Pvt Ltd (VMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 1985 and has a history of 40 years and one month. Its registered office is in Pune, Maharashtra, India.
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 1.00 Cr and a paid-up capital of Rs 8.88 M.
The company currently has active open charges totaling ₹10.59 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pushpadevi Jain, Neetu Jain, Lalit Jain, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27209MH1985PTC035824
- Company No.
035824
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Mar 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Variety Metals Pvt Ltd offer?
Variety Metals Pvt Ltd offers a wide range of products and services, including Metal & Metal Made Products, Metal Rods, Copper & Brass Products, Copper Strips, Rod and Bars, Alloy, Metal and Machine Washers, Metal Washers, Metal Pipe & Plumbing Fittings, Brass Pipe Fittings, Engine & Engine Spare Parts, Engine Components.
Variety Metals Pvt Ltd
Explore comprehensive data for Variety Metals Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Variety Metals?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pushpadevi Jain  | Director | 30-Mar-1985 | Current |
| Neetu Jain | Whole-Time Director | 10-Mar-2008 | Current |
| Lalit Jain | Whole-Time Director | 10-Mar-2008 | Current |
| Roshanlal Jain | Director | 30-Mar-1985 | Current |
Financial Performance of Variety Metals.
Variety Metals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 18.51% increase. The company also saw a slight decrease in profitability, with a 7.52% decrease in profit. The company's net worth moved up by a moderate rise of 6.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Variety Metals?
In 2023, Variety Metals had a promoter holding of 19.15% and a public holding of 80.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Variety Alloys And Extrusions Pvt LtdPushpadevi Jain and Roshanlal Jain are mutual person
Charges (Loans)
Open Charges
₹10.59 Cr
Satisfied Charges
₹1.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 7.42 Cr
- Axis Bank Ltd : 1.30 Cr
- Electronica Finance Limited : 1.09 Cr
- Others : 0.78 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2023 | Axis Bank Limited | ₹4.15 M | Open |
| 31 Aug 2018 | Others | ₹2.20 M | Open |
| 10 Jul 2018 | Others | ₹2.20 M | Open |
| 31 Mar 2018 | Others | ₹2.20 M | Open |
| 31 Aug 2017 | Others | ₹1.24 M | Open |
How Many Employees Work at Variety Metals?
Variety Metals has a workforce of 23 employees as of Apr 04, 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
Gain comprehensive insights into the Deals and Valuation data of Variety Metals, 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 Metals'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 Variety Metals
Recent activity within the organization
- Annual General Meeting
Variety Metals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.42 Cr with Charge ID 100757049 was registered on 31 May 2023.
- Balance Sheet
Variety Metals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge with Axis Bank Limited of Rs. 7.00 Cr registered on 06 Jan 2010 with Charge ID 10203792 was modified on 03 Sep 2020.
- Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100222043 was registered on 31 Aug 2018.
- Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100221950 was registered on 10 Jul 2018.
Frequently asked questions
What is the Incorporation or founding date of Variety Metals Pvt Ltd?
Variety Metals Pvt Ltd was incorporated on 30 Mar 1985.
What is authorized share capital and paid-up capital of Variety Metals Pvt Ltd?
The authorized share capital of Variety Metals Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 8.88 M.
Who are the current board members & directors of Variety Metals Pvt Ltd?
Currently 4 directors are associated with Variety Metals Pvt Ltd.
- Pushpadevi Roshanlal Jain
- Neetu Lalit Jain
- Lalit Roshanlal Jain
- Roshanlal Bhurilal Jain
What is the registered address of Variety Metals Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Variety Metals Pvt Ltd is D-1 Block Plot No 21-22Midc Chinchwad India, Pune, Maharashtra, 411019.
What is the corporate identification number (CIN) and company number of Variety Metals Pvt Ltd?
The corporate identification number (CIN) of Variety Metals Pvt Ltd is U27209MH1985PTC035824 and the company number is 035824 as per Ministry of Corporate Affairs (MCA).
What is the official website of Variety Metals Pvt Ltd?
The Official website of Variety Metals Pvt Ltd is https://www.varietymetals.net
What has been the recent revenue trend for Variety Metals Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Variety Metals Pvt Ltd has risen by 18.51%.
How many employees does Variety Metals Pvt Ltd currently have?
As Per 2023 financial reports, 23 employees are currently employed by Variety Metals Pvt Ltd.
What change has been observed in the net worth of Variety Metals Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Variety Metals Pvt Ltd has experienced an upsurge of 6.71%.
What are the total open charges for Variety Metals Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Variety Metals Pvt Ltd amount to ₹ 10.59 Cr.
When was the last Balance Sheet of Variety Metals Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Variety Metals Pvt Ltd was filed with the ROC on 31 Mar 2023.
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