Varivar Plast Products Private Limited

Manufacturer of plastic products and allied materials, established in 1994 in Kanpur, UP.

1994 | Kanpur, Uttar Pradesh (India) | Active
Last Updated: July 03, 2024

Varivar Plast Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.91 M
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.49 Cr
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -18.76%
  • Profit Growth -28.74%
  • Ebitda -23.55%
  • Net Worth 12.52%
  • Total Assets 0.57%

About Varivar Plast Products

Varivar Plast Products Private Limited (VPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 April 1994 and has a history of 30 years and ten months. Its registered office is in Kanpur, Uttar Pradesh, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 5.91 M.

The company currently has active open charges totaling ₹7.49 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kopal Gupta, Dinesh Gupta, and Hemant Gupta serve as directors at the Company.

Company Details

  • Location

    Kanpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25201UP1994PTC016364

  • Company No.

    016364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

Who are the key members and board of directors at Varivar Plast Products?

Board Members (3)

NameDesignationAppointment DateStatus
Kopal Gupta Country flag representing In Director 16-Feb-2015Current
Dinesh Gupta Country flag representing In Director 08-Mar-2014Current
Hemant Gupta Country flag representing In Whole-Time Director 22-Nov-2011Current

Financial Performance of Varivar Plast Products.

Varivar Plast Products Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.76% decrease. The company also saw a substantial fall in profitability, with a 28.74% decrease in profit. The company's net worth Soared by an impressive increase of 12.52%.

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
-18.76%
Revenue from Operations
-19.61%
Total Assets
0.57%
Profit or Loss
-28.74%
Net Worth
12.52%
EBITDA
-23.55%

What is the Ownership and Shareholding Structure of Varivar Plast Products?

In 2023, Varivar Plast Products 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

₹7.49 Cr

Satisfied Charges

₹0.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.49 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2015State Bank Of India₹1.10 MOpen
03 Nov 2014State Bank Of India₹7.38 CrOpen
09 Sep 1997Punjab Natiofnal Bank₹2.00 MSatisfied
09 Sep 1997Punjab National Bank₹2.00 MSatisfied

How Many Employees Work at Varivar Plast Products?

Varivar Plast Products has a workforce of 62 employees as of Apr 05, 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 Varivar Plast 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 Varivar Plast 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 Varivar Plast Products

Recent activity within the organization

  • Annual General Meeting

    Varivar Plast Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varivar Plast Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 7.38 Cr registered on 03 Nov 2014 with Charge ID 10539976 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge registered on 09 Sep 1997 via Charge ID 90274805 with Punjab Natiofnal Bank was fully satisfied on 03 Dec 2019.

    03 Dec 2019

  • Charges

    A charge registered on 09 Sep 1997 via Charge ID 90276885 with Punjab National Bank was fully satisfied on 03 Dec 2019.

    03 Dec 2019

  • Director Appointment

    Kopal Gupta was appointed as a Director was appointed as a Director on 16 Feb 2015 & has been associated with this company since 10 years 6 days .

    16 Feb 2015

Frequently asked questions

  • Varivar Plast Products Private Limited was incorporated on 22 Apr 1994.

  • The authorized share capital of Varivar Plast Products Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.91 M.

  • Currently 3 directors are associated with Varivar Plast Products Private Limited.

    • Kopal Gupta
    • Dinesh Kumar Gupta
    • Hemant Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varivar Plast Products Private Limited is Plot No. 59 Birtian Madhana, Kanpur, Uttar Pradesh, India, 209217.

  • The corporate identification number (CIN) of Varivar Plast Products Private Limited is U25201UP1994PTC016364 and the company number is 016364 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varivar Plast Products Private Limited has fallen by -18.76%.

  • As Per 2023 financial reports, 62 employees are currently employed by Varivar Plast Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varivar Plast Products Private Limited has experienced an upsurge of 12.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varivar Plast Products Private Limited amount to ₹ 7.49 Cr.

  • The most recent Balance Sheet for Varivar Plast Products Private Limited was filed with the ROC on 31 Mar 2023.

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