Variscon Engineering Services Profile
Key Indicators
- Authorised Capital ₹ 4.50 M
- Paid Up Capital ₹ 3.23 M
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.55 Cr
- Revenue Growth -15.15%
- Profit Growth -22.12%
- Ebitda -166.47%
- Net Worth 1.37%
- Total Assets 0.30%
About Variscon Engineering Services
Variscon Engineering Services Private Limited (VESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2002 and has a history of 22 years and 11 months. Its registered office is in Delhi, India.
The Company is engaged in the Energy And Power 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 4.50 M and a paid-up capital of Rs 3.23 M.
The company has closed loans amounting to ₹2.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Varinder Arora, Sona Arora, and Deepak Sahoo serve as directors at the Company.
Company Details
-
Location
Delhi, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U31909DL2002PTC114411
-
Company No.
114411
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
28 Feb 2002
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Delhi
Industry
What products or services does Variscon Engineering Services Private Limited offer?
Variscon Engineering Services Private Limited offers a wide range of products and services, including Residential & Commercial Security, Security Consultancy.
Who are the key members and board of directors at Variscon Engineering Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varinder Arora
|
Director | 28-Feb-2002 | Current |
|
Sona Arora
|
Director | 20-Jun-2003 | Current |
|
Deepak Sahoo
|
Director | 17-Aug-2019 | Current |
Financial Performance of Variscon Engineering Services.
Variscon Engineering Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.15% decrease. The company also saw a substantial fall in profitability, with a 22.12% decrease in profit. The company's net worth moved up by a moderate rise of 1.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Variscon Engineering Services?
In 2021, Variscon Engineering Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹25.55 M
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 2.40 Cr
- Kotak Mahindra Prime Limited : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2014 | Kotak Mahindra Prime Limited | ₹1.55 M | Satisfied |
| 07 Jul 2011 | Yes Bank Limited | ₹2.40 Cr | Satisfied |
How Many Employees Work at Variscon Engineering Services?
Variscon Engineering Services has a workforce of 15 employees as of Mar 28, 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 Variscon Engineering Services, 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 Variscon Engineering Services'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.
