Variman Global Enterprises Limited

IT and mobility distribution company providing virtualization, data storage, networking, security, and printing solutions.

1993 | Hyderabad, Telangana (India) | Active
Last Updated:

Variman Global Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 27.00 Cr
  • Paid Up Capital ₹ 19.46 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.52 Cr
  • Revenue Growth 120.10%
  • Profit Growth 2115.98%
  • Ebitda 423.30%
  • Net Worth 43.16%
  • Total Assets 90.80%

About Variman Global Enterprises

Variman Global Enterprises Limited (VGEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 1993 and has a history of 31 years and three months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540570.

The Corporate was formerly known as Variman Global Limited. The Company is engaged in the Information Technology 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 27.00 Cr and a paid-up capital of Rs 19.46 Cr.

The company currently has active open charges totaling ₹11.52 Cr.

The Key Managerial Personnel (KMP) at Variman Global Enterprises Limited India are Raja Pantham as CFO and Madhu Solanki as Company Secretary. Sirish Dayata, Raghavendra Koduganti, Rama Chelikam, and Four other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120TG1993PLC016767

  • Company No.

    016767

  • Stock Symbol

    BSE : 540570

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 1993

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Variman Global Enterprises Limited offer?

Variman Global Enterprises Limited offers a wide range of products and services, including Batteries, Inverter Battery, Luminous Inverter Battery, Electric Vehicle Battery, Exide Electric Vehicle Battery, Car Batteries, Exide Car Battery.

Company report

Variman Global Enterprises Limited

Explore comprehensive data for Variman Global Enterprises Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Variman Global Enterprises?

Executive Team (3)

NameDesignationAppointment DateStatus
Sirish Dayata Country flag representing In Managing Director11-Oct-2013Current
Raja Pantham CFO07-Jul-2021Current
Madhu Solanki Country flag representing In Company Secretary01-Jul-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Ravikanth Kancherla Country flag representing In Director 13-Feb-2020Current
Raja Pantham Country flag representing In Whole-Time Director 18-Jun-2016Current
Raghavendra Koduganti Country flag representing In Director 20-Apr-2018Current
Rama Chelikam Country flag representing In Director 22-Jun-2022Current
Burugu Srilatha Country flag representing In Director 28-Mar-2015Current
Praveen Dyta Country flag representing In Whole-Time Director 02-Apr-2018Current

Financial Performance of Variman Global Enterprises.

Variman Global Enterprises Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.1% increase. The company also saw a substantial improvement in profitability, with a 2115.98% increase in profit. The company's net worth Soared by an impressive increase of 43.16%.

Variman Global Enterprises revenue growth over time
Variman Global Enterprises 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
120.10%
Revenue from Operations
123.51%
Total Assets
90.80%
Profit or Loss
2115.98%
Net Worth
43.16%
EBITDA
423.30%

What is the Ownership and Shareholding Structure of Variman Global Enterprises?

In 2022, Variman Global Enterprises had a promoter holding of 30.61% and a public holding of 69.41%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.52 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.52 Cr
  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2024Others₹1.00 CrOpen
30 Apr 2024Others₹1.00 CrOpen
11 Jan 2021Hdfc Bank Limited₹9.52 CrOpen

How Many Employees Work at Variman Global Enterprises?

Variman Global Enterprises has a workforce of 26 employees as of Apr 03, 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.

Employee growth trends for Variman Global Enterprises Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Variman Global Enterprises, 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 Variman Global Enterprises'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 Variman Global Enterprises

Recent activity within the organization

  • Annual General Meeting

    Variman Global Enterprises Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100976693 was registered on 28 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100938217 was registered on 30 Apr 2024.

  • Balance Sheet

    Variman Global Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.52 Cr registered on 11 Jan 2021 with Charge ID 100443694 was modified on 30 Sep 2023.

  • Director Appointment

    Rama Chandram Chelikam was appointed as a Director was appointed as a Director on 22 Jun 2022 & has been associated with this company since 2 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Variman Global Enterprises Limited?

    Variman Global Enterprises Limited was incorporated on 20 Dec 1993.

  • What is authorized share capital and paid-up capital of Variman Global Enterprises Limited?

    The authorized share capital of Variman Global Enterprises Limited is ₹ 27.00 Cr and paid-up capital is ₹ 19.46 Cr.

  • Who are the current board members & directors of Variman Global Enterprises Limited?

    Currently 9 directors are associated with Variman Global Enterprises Limited.

    • Sirish Dayata
    • Raghavendra Kumar Koduganti
    • Rama Chandram Chelikam
    • Burugu Srilatha
    • Praveen Dyta
    • Raja Pantham
    • Ravikanth Kancherla
    • Raja Pantham
    • Madhu Mala Solanki

  • What is the registered address of Variman Global Enterprises Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Variman Global Enterprises Limited is 1-2-217/10 3Rd 4Th Floor Gagan Mahal, Domalguda India, Hyderabad, Telangana, 500029.

  • What is the corporate identification number (CIN) and company number of Variman Global Enterprises Limited?

    The corporate identification number (CIN) of Variman Global Enterprises Limited is L67120TG1993PLC016767 and the company number is 016767 as per Ministry of Corporate Affairs (MCA).

  • Is Variman Global Enterprises Limited registered with any stock exchange in India?

    Yes, Variman Global Enterprises Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Variman Global Enterprises Limited?

    The Official website of Variman Global Enterprises Limited is https://www.varimanglobal.com

  • What has been the recent revenue trend for Variman Global Enterprises Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Variman Global Enterprises Limited has risen by 120.10%.

  • How many employees does Variman Global Enterprises Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Variman Global Enterprises Limited.

  • What change has been observed in the net worth of Variman Global Enterprises Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Variman Global Enterprises Limited has experienced an upsurge of 43.16%.

  • What are the total open charges for Variman Global Enterprises Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Variman Global Enterprises Limited amount to ₹ 11.52 Cr.

  • When was the last Balance Sheet of Variman Global Enterprises Limited filed with the ROC?

    The most recent Balance Sheet for Variman Global Enterprises Limited was filed with the ROC on 31 Mar 2024.

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