Varindera Tools Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.77 M
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.45 Cr
- Satisfied Charges ₹ 5.73 Cr
- Revenue Growth -2.66%
- Profit Growth 38.85%
- Ebitda 176.43%
- Net Worth 17.71%
- Total Assets -7.31%
About Varindera Tools
Varindera Tools Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 May 2004 and has a history of 20 years and eight months. Its registered office is in Jalandhar, Punjab, 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 3.00 M and a paid-up capital of Rs 2.77 M.
The company currently has active open charges totaling ₹18.45 Cr. The company has closed loans amounting to ₹5.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sarbjit Singh and Varinder Singh serve as directors at the Company.
Company Details
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Location
Jalandhar, Punjab, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U51500PB2004PTC027136
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Company No.
027136
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 May 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Varindera Tools Private Limited offer?
Varindera Tools Private Limited offers a wide range of products and services, including Gardening and Horticulture Tools, Plant Cutting tools, Pliers, Screwdrivers & Hammers, Spanners, Jewellery Making Tools & Machines, Jewelry Plier, Lubrication Systems and Equipment, Grease Tools, Plier, Scaffolding Pipes and Fittings.
Who are the key members and board of directors at Varindera Tools?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarbjit Singh
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Director | 05-May-2005 | Current |
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Varinder Singh
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Director | 31-Aug-2007 | Current |
Financial Performance of Varindera Tools.
Varindera Tools Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.66% decrease. The company also saw a substantial improvement in profitability, with a 38.85% increase in profit. The company's net worth Soared by an impressive increase of 17.71%.
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What is the Ownership and Shareholding Structure of Varindera Tools?
In 2023, Varindera Tools 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)
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Varindera Bricks Private LimitedSarbjit Singh is a mutual person
Charges (Loans)
₹184.50 M
₹57.30 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 8.50 Cr
- Hdfc Bank Limited : 7.58 Cr
- Sidbi : 2.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2024 | Sidbi | ₹1.12 Cr | Open |
| 12 Oct 2023 | Sidbi | ₹1.26 Cr | Open |
| 05 Jul 2023 | Hdfc Bank Limited | ₹7.48 Cr | Open |
| 20 Jun 2022 | Hdfc Bank Limited | ₹0.96 M | Open |
| 27 Sep 2012 | Axis Bank Limited | ₹8.50 Cr | Open |
How Many Employees Work at Varindera Tools?
Varindera Tools has a workforce of 206 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varindera Tools, 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 Varindera Tools'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.
