Varifab Engineering Private Limited

Manufactures chemical and industrial tanks, pressure vessels, and steel structures for various sectors.

2015 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

Varifab Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.11 Cr
  • Revenue Growth -28.43%
  • Profit Growth 109.79%
  • Ebitda 2.29%
  • Net Worth -8.36%
  • Total Assets -50.23%

About Varifab Engineering

Varifab Engineering Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 July 2015 (Nine years and six months 28 days old ). Its registered office is in Tiruvallur, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹3.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sundaram Kumar and Ilamaran Padmani serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varifab.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28113TN2015PTC101494

  • Company No.

    101494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Varifab Engineering?

Board Members (2)

Name Designation Appointment Date Status
Sundaram Kumar Country flag representing In Director 22-Jul-2015 Current
Ilamaran Padmani Country flag representing In Director 22-Sep-2022 Current

Financial Performance of Varifab Engineering.

Varifab Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.43% decrease. The company also saw a substantial improvement in profitability, with a 109.79% increase in profit. The company's net worth dipped by a decrease of 8.36%.

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
-28.43%
Revenue from Operations
-64.11%
Total Assets
-50.23%
Profit or Loss
109.79%
Net Worth
-8.36%
EBITDA
2.29%

What is the Ownership and Shareholding Structure of Varifab Engineering?

In 2021, Varifab Engineering had a promoter holding of 100.00%. 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

₹31.06 M

Charges Breakdown by Lending Institutions

  • Others : 3.11 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2016 Others ₹3.11 Cr Satisfied

How Many Employees Work at Varifab Engineering?

Varifab Engineering has a workforce of 9 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 Varifab Engineering, 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 Varifab Engineering'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 Varifab Engineering

Recent activity within the organization

  • Annual General Meeting

    Varifab Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varifab Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Ilamaran Padmani was appointed as a Director was appointed as a Director on 22 Sep 2022 & has been associated with this company since 2 years 4 months .

    22 Sep 2022

  • Charges

    A charge registered on 08 Feb 2016 via Charge ID 10622079 with Others was fully satisfied on 16 Dec 2020.

    16 Dec 2020

  • Charges

    A charge with Others of Rs. 31.06 M registered on 08 Feb 2016 with Charge ID 10622079 was modified on 09 Jun 2017.

    09 Jun 2017

  • Charges

    A charge with Others amounted to Rs. 31.06 M with Charge ID 10622079 was registered on 08 Feb 2016.

    08 Feb 2016

Frequently asked questions

  • Varifab Engineering Private Limited was incorporated on 22 Jul 2015.

  • The authorized share capital of Varifab Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Varifab Engineering Private Limited.

    • Sundaram Lakshmi Kumar
    • Ilamaran Padmani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varifab Engineering Private Limited is No.10 P.K.M. Road Athipet, India, Chennai, Tamil Nadu, 600058.

  • The corporate identification number (CIN) of Varifab Engineering Private Limited is U28113TN2015PTC101494 and the company number is 101494 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varifab Engineering Private Limited is https://www.varifab.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Varifab Engineering Private Limited has fallen by -28.43%.

  • As Per 2021 financial reports, 9 employees are currently employed by Varifab Engineering Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Varifab Engineering Private Limited has experienced an downturn of -8.36%.

  • The most recent Balance Sheet for Varifab Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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