Variscon Engineering Services Private Limited

Electrical and allied services contractor in India, offering HT/LT installations, communication systems, and maintenance services.

2002 | Delhi (India) | Active
Last Updated:

Variscon Engineering Services Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 3.23 M
  • Company Age 23 Year, 13 Days
  • 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 23 years. 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

Energy and Power

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.

Company report

Variscon Engineering Services Private Limited

Explore comprehensive data for Variscon Engineering Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Varinder Arora Country flag representing In Director 28-Feb-2002Current
Sona Arora Country flag representing In Director 20-Jun-2003Current
Deepak Sahoo Country flag representing In Director 17-Aug-2019Current

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%.

Variscon Engineering Services revenue growth over time
Variscon Engineering Services 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
-15.15%
Revenue from Operations
-14.15%
Total Assets
0.30%
Profit or Loss
-22.12%
Net Worth
1.37%
EBITDA
-166.47%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹25.55 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.40 Cr
  • Kotak Mahindra Prime Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2014Kotak Mahindra Prime Limited₹1.55 MSatisfied
07 Jul 2011Yes Bank Limited₹2.40 CrSatisfied

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.

Employee growth trends for Variscon Engineering Services Private Limited

Deals i

Graph showing company valuation over time

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

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 Variscon Engineering Services

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Variscon Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 07 Jul 2011 via Charge ID 10302456 with Yes Bank Limited was fully satisfied on 17 Jan 2024.

  • Charges

    A charge registered on 12 Dec 2014 via Charge ID 10563448 with Kotak Mahindra Prime Limited was fully satisfied on 13 Jul 2023.

  • Director Appointment

    Deepak Ranjan Sahoo was appointed as a Director was appointed as a Director on 17 Aug 2019 & has been associated with this company since 5 years 6 months .

  • Charges

    A charge with Yes Bank Limited of Rs. 24.00 M registered on 07 Jul 2011 with Charge ID 10302456 was modified on 11 Feb 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Variscon Engineering Services Private Limited?

    Variscon Engineering Services Private Limited was incorporated on 28 Feb 2002.

  • What is authorized share capital and paid-up capital of Variscon Engineering Services Private Limited?

    The authorized share capital of Variscon Engineering Services Private Limited is ₹ 4.50 M and paid-up capital is ₹ 3.23 M.

  • Who are the current board members & directors of Variscon Engineering Services Private Limited?

    Currently 3 directors are associated with Variscon Engineering Services Private Limited.

    • Varinder Arora
    • Sona Arora
    • Deepak Ranjan Sahoo
  • What is the registered address of Variscon Engineering Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Variscon Engineering Services Private Limited is Second Floor Of Freehold Property No. 52 Krishna Market, Kalkaji India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Variscon Engineering Services Private Limited?

    The corporate identification number (CIN) of Variscon Engineering Services Private Limited is U31909DL2002PTC114411 and the company number is 114411 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Variscon Engineering Services Private Limited?

    The Official website of Variscon Engineering Services Private Limited is https://www.variscon.com

  • What has been the recent revenue trend for Variscon Engineering Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Variscon Engineering Services Private Limited has fallen by -15.15%.

  • How many employees does Variscon Engineering Services Private Limited currently have?

    As Per 2022 financial reports, 15 employees are currently employed by Variscon Engineering Services Private Limited.

  • What change has been observed in the net worth of Variscon Engineering Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Variscon Engineering Services Private Limited has experienced an upsurge of 1.37%.

  • When was the last Balance Sheet of Variscon Engineering Services Private Limited filed with the ROC?

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

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