Variturn Electro Products Pvt Ltd

Manufactures and supplies resistors and rheostats for various industrial and energy applications.

1988 | Hyderabad, Telangana (India) | Active
Last Updated: December 31, 2024

Variturn Electro Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 3.55 Cr
  • Revenue Growth 108.57%
  • Profit Growth 1811.41%
  • Ebitda 588.06%
  • Net Worth 4.17%
  • Total Assets -10.50%

About Variturn Electro Products

Variturn Electro Products Pvt Ltd (VEPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 June 1988 and has a history of 36 years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Engineering 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹3.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnam Kosuru and Satyanarayana Kosuri serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    variturn.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300TG1988PTC008791

  • Company No.

    008791

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Engineering

What products or services does Variturn Electro Products Pvt Ltd offer?

Variturn Electro Products Pvt Ltd offers a wide range of products and services, including Fixed Resistors, Wire Wound Resistors, Rheostats, Wire Wound Rheostats, Resistors & Other Passive Devices, Resistors.

Who are the key members and board of directors at Variturn Electro Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Krishnam Kosuru Country flag representing In Managing Director25-Mar-2003Current

Board Members (1)

NameDesignationAppointment DateStatus
Satyanarayana Kosuri Country flag representing In Additional Director 09-Sep-2009Current

Financial Performance of Variturn Electro Products.

Variturn Electro Products Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 108.57% increase. The company also saw a substantial improvement in profitability, with a 1811.41% increase in profit. The company's net worth moved up by a moderate rise of 4.17%.

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
108.57%
Revenue from Operations
106.94%
Total Assets
-10.50%
Profit or Loss
1811.41%
Net Worth
4.17%
EBITDA
588.06%

What is the Ownership and Shareholding Structure of Variturn Electro Products?

In 2021, Variturn Electro Products had a promoter holding of 74.90% and a public holding of 25.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 Cr

Satisfied Charges

₹3.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2017Others₹2.50 CrOpen
25 Mar 2009Andhra Pradesh State Finance Corporation₹7.30 MSatisfied
21 Aug 1995State Bank Of Hyderabad₹1.00 MSatisfied
08 Jun 1994State Bank Of Hyderabad₹0.10 MSatisfied
14 Jun 1990Others₹2.71 CrSatisfied

How Many Employees Work at Variturn Electro Products?

Variturn Electro Products has a workforce of 62 employees as of Apr 01, 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 Variturn Electro Products, 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 Variturn Electro Products'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 Variturn Electro Products

Recent activity within the organization

  • Annual General Meeting

    Variturn Electro Products Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Variturn Electro Products Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 14 Jun 1990 via Charge ID 90135186 with Others was fully satisfied on 23 Jan 2018.

    23 Jan 2018

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100153300 was registered on 30 Jun 2017.

    30 Jun 2017

  • Charges

    A charge registered on 21 Aug 1995 via Charge ID 90135498 with State Bank Of Hyderabad was fully satisfied on 15 Jun 2017.

    15 Jun 2017

  • Charges

    A charge registered on 08 Jun 1994 via Charge ID 90135376 with State Bank Of Hyderabad was fully satisfied on 03 Jun 2017.

    03 Jun 2017

Frequently asked questions

  • Variturn Electro Products Pvt Ltd was incorporated on 24 Jun 1988.

  • The authorized share capital of Variturn Electro Products Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Variturn Electro Products Pvt Ltd.

    • Krishnam Raju Kosuru
    • Satyanarayana Raju Kosuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Variturn Electro Products Pvt Ltd is Plot No.196 Phase Ii Ida, Cherlapally India, Hyderabad, Telangana, 500051.

  • The corporate identification number (CIN) of Variturn Electro Products Pvt Ltd is U31300TG1988PTC008791 and the company number is 008791 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Variturn Electro Products Pvt Ltd is https://www.variturn.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Variturn Electro Products Pvt Ltd has risen by 108.57%.

  • As Per 2022 financial reports, 62 employees are currently employed by Variturn Electro Products Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Variturn Electro Products Pvt Ltd has experienced an upsurge of 4.17%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Variturn Electro Products Pvt Ltd amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Variturn Electro Products Pvt Ltd was filed with the ROC on 31 Mar 2024.

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