Varizone Solar Private Limited

Constructs solar panels for commercial and residential use.

2017 | Surat, Gujarat (India) | Active
Last Updated:

Varizone Solar Profile

Key Indicators

  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth -26.78%
  • Profit Growth 17.83%
  • Ebitda -20.78%
  • Net Worth 32.82%
  • Total Assets 142.41%

About Varizone Solar

Varizone Solar Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 April 2017 (Seven years and ten months 27 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 0.90 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹5.00 M.

Hiren Shah, Parshwa Shah, and Sanjaybhai Patel serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varizone.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2017PTC096756

  • Company No.

    096756

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2017

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Varizone Solar?

Board Members (3)

NameDesignationAppointment DateStatus
Hiren Shah Country flag representing In Director 07-Apr-2017Current
Parshwa Shah Country flag representing In Director 07-Apr-2017Current
Sanjaybhai Patel Country flag representing In Director 07-Apr-2017Current

Financial Performance of Varizone Solar.

Varizone Solar Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 26.78% decrease. The company also saw a substantial improvement in profitability, with a 17.83% increase in profit. The company's net worth Soared by an impressive increase of 32.82%.

Varizone Solar revenue growth over time
Varizone Solar 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
-26.78%
Revenue from Operations
-26.78%
Total Assets
142.41%
Profit or Loss
17.83%
Net Worth
32.82%
EBITDA
-20.78%

What is the Ownership and Shareholding Structure of Varizone Solar?

Unlock access to Varizone Solar's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2024Others₹5.00 MOpen

How Many Employees Work at Varizone Solar?

Unlock and access historical data on people associated with Varizone Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varizone Solar Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varizone Solar, 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 Varizone Solar'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 Varizone Solar

Recent activity within the organization

  • Annual General Meeting

    Varizone Solar Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100943714 was registered on 24 May 2024.

  • Balance Sheet

    Varizone Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Hiren Chimanlal Shah was appointed as a Director was appointed as a Director on 07 Apr 2017 & has been associated with this company since 7 years 10 months .

  • Director Appointment

    Parshwa Dipak Shah was appointed as a Director was appointed as a Director on 07 Apr 2017 & has been associated with this company since 7 years 10 months .

  • Director Appointment

    Sanjaybhai Arvindbhai Patel was appointed as a Director was appointed as a Director on 07 Apr 2017 & has been associated with this company since 7 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Varizone Solar Private Limited?

    Varizone Solar Private Limited was incorporated on 07 Apr 2017.

  • What is authorized share capital and paid-up capital of Varizone Solar Private Limited?

    The authorized share capital of Varizone Solar Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.90 M.

  • Who are the current board members & directors of Varizone Solar Private Limited?

    Currently 3 directors are associated with Varizone Solar Private Limited.

    • Hiren Chimanlal Shah
    • Parshwa Dipak Shah
    • Sanjaybhai Arvindbhai Patel

  • What is the registered address of Varizone Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varizone Solar Private Limited is Plot E-128/129 Laxminarayan Industry Estate Brc Compound Udhna India, Surat, Gujarat, 394210.

  • What is the corporate identification number (CIN) and company number of Varizone Solar Private Limited?

    The corporate identification number (CIN) of Varizone Solar Private Limited is U74999GJ2017PTC096756 and the company number is 096756 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varizone Solar Private Limited?

    The Official website of Varizone Solar Private Limited is https://www.varizone.in

  • What has been the recent revenue trend for Varizone Solar Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Varizone Solar Private Limited has fallen by -26.78%.

  • What change has been observed in the net worth of Varizone Solar Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Varizone Solar Private Limited has experienced an upsurge of 32.82%.

  • What are the total open charges for Varizone Solar Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Varizone Solar Private Limited amount to ₹ 5.00 M.

  • When was the last Balance Sheet of Varizone Solar Private Limited filed with the ROC?

    The most recent Balance Sheet for Varizone Solar Private Limited was filed with the ROC on 31 Mar 2024.