Varivas Properties Private Limited

Provides construction materials and project management services for residential buildings.

2013 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Varivas Properties Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.20 Cr
  • Revenue Growth 15328.04%
  • Profit Growth 534.08%
  • Ebitda 3499.58%
  • Net Worth 73.71%
  • Total Assets 107.43%

About Varivas Properties

Varivas Properties Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 July 2013 and has a history of 11 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹1.20 Cr.

Somurao Vijayanandan and Solaisamy Roopasreeram serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45400TN2013PTC092186

  • Company No.

    092186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals
Infrastructure and Utilities
Real Estate and Construction

What products or services does Varivas Properties Private Limited offer?

Varivas Properties Private Limited offers a wide range of products and services, including .

Who are the key members and board of directors at Varivas Properties?

Board Members (2)

Name Designation Appointment Date Status
Somurao Vijayanandan Country flag representing In Director 17-Jul-2013 Current
Solaisamy Roopasreeram Country flag representing In Director 07-Jun-2021 Current

Financial Performance of Varivas Properties.

Varivas Properties Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15328.04% increase. The company also saw a substantial improvement in profitability, with a 534.08% increase in profit. The company's net worth Soared by an impressive increase of 73.71%.

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
15328.04%
Revenue from Operations
15327.45%
Total Assets
107.43%
Profit or Loss
534.08%
Net Worth
73.71%
EBITDA
3499.58%

What is the Ownership and Shareholding Structure of Varivas Properties?

In 2022, Varivas Properties 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

₹1.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.20 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2014 Canara Bank ₹1.20 Cr Open

How Many Employees Work at Varivas Properties?

Varivas Properties has a workforce of 3 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 Varivas Properties, 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 Varivas Properties'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 Varivas Properties

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Varivas Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Solaisamy Ramachandran Roopasreeram was appointed as a Director was appointed as a Director on 07 Jun 2021 & has been associated with this company since 3 years 8 months .

    07 Jun 2021

  • Charges

    A charge with Canara Bank of Rs. 1.20 Cr registered on 30 Jan 2014 with Charge ID 10522035 was modified on 02 Feb 2015.

    02 Feb 2015

  • Charges

    A charge with Canara Bank amounted to Rs. 1.20 Cr with Charge ID 10522035 was registered on 30 Jan 2014.

    30 Jan 2014

  • Director Appointment

    Somurao Vijayanandan was appointed as a Director was appointed as a Director on 17 Jul 2013 & has been associated with this company since 11 years 6 months .

    17 Jul 2013

Frequently asked questions

  • Varivas Properties Private Limited was incorporated on 17 Jul 2013.

  • The authorized share capital of Varivas Properties Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 9.00 M.

  • Currently 2 directors are associated with Varivas Properties Private Limited.

    • Somurao Vijayanandan
    • Solaisamy Ramachandran Roopasreeram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varivas Properties Private Limited is No.3 (Old No.2) Bishop Wallers Avenue West, Mylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Varivas Properties Private Limited is U45400TN2013PTC092186 and the company number is 092186 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varivas Properties Private Limited has risen by 15328.04%.

  • As Per 2022 financial reports, 3 employees are currently employed by Varivas Properties Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varivas Properties Private Limited has experienced an upsurge of 73.71%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varivas Properties Private Limited amount to ₹ 1.20 Cr.

  • The most recent Balance Sheet for Varivas Properties Private Limited was filed with the ROC on 31 Mar 2024.

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