Varkey Overseas Trading Company Private Limited

Textile trading and exporting company based in Bangalore, Karnataka since 1989.

1989 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Varkey Overseas Trading Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.19 M
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.30 M
  • Revenue Growth -59.29%
  • Profit Growth -181.47%
  • Ebitda -67.66%
  • Net Worth -0.43%
  • Total Assets -0.27%

About Varkey Overseas Trading Company

Varkey Overseas Trading Company Private Limited (VOTCPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 April 1989 and has a history of 35 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Home & Lifestyle 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 5.19 M.

The company currently has active open charges totaling ₹9.30 M.

Aby George, Biju Philip, and Sunny Varkey serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varkeygroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52321KA1989PTC010009

  • Company No.

    010009

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

Who are the key members and board of directors at Varkey Overseas Trading Company?

Board Members (3)

NameDesignationAppointment DateStatus
Aby George Country flag representing In Director 01-Nov-1999Current
Biju Philip Country flag representing In Director 10-Jan-2001Current
Sunny Varkey Country flag representing In Director 19-Apr-1989Current

Financial Performance of Varkey Overseas Trading Company.

Varkey Overseas Trading Company Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 59.29% decrease. The company also saw a substantial fall in profitability, with a 181.47% decrease in profit. The company's net worth dipped by a decrease of 0.43%.

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
-59.29%
Revenue from Operations
Total Assets
-0.27%
Profit or Loss
-181.47%
Net Worth
-0.43%
EBITDA
-67.66%

What is the Ownership and Shareholding Structure of Varkey Overseas Trading Company?

In 2020, Varkey Overseas Trading Company 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

₹0.93 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.60 Cr
  • State Bank Of Travancore : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 1992State Bank Of Travancore₹2.50 MOpen
20 Feb 1992State Bank Of Travancore₹0.80 MOpen
01 Sep 1990Indian Bank₹6.00 MOpen

How Many Employees Work at Varkey Overseas Trading Company?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varkey Overseas Trading Company, 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 Varkey Overseas Trading Company'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 Varkey Overseas Trading Company

Recent activity within the organization

  • Annual General Meeting

    Varkey Overseas Trading Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varkey Overseas Trading Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Biju Kachanathu Philip was appointed as a Director was appointed as a Director on 10 Jan 2001 & has been associated with this company since 24 years 1 month .

    10 Jan 2001

  • Director Appointment

    Aby George was appointed as a Director was appointed as a Director on 01 Nov 1999 & has been associated with this company since 25 years 3 months .

    01 Nov 1999

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 0.25 Cr with Charge ID 90190907 was registered on 27 Feb 1992.

    27 Feb 1992

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 0.08 Cr with Charge ID 90190901 was registered on 20 Feb 1992.

    20 Feb 1992

Frequently asked questions

  • Varkey Overseas Trading Company Private Limited was incorporated on 19 Apr 1989.

  • The authorized share capital of Varkey Overseas Trading Company Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.19 M.

  • Currently 3 directors are associated with Varkey Overseas Trading Company Private Limited.

    • Aby George
    • Biju Kachanathu Philip
    • Sunny Varkey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varkey Overseas Trading Company Private Limited is 509, Carlton Towers1 Airport Road India, Bangalore, Karnataka, 560008.

  • The corporate identification number (CIN) of Varkey Overseas Trading Company Private Limited is U52321KA1989PTC010009 and the company number is 010009 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varkey Overseas Trading Company Private Limited is https://www.varkeygroup.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varkey Overseas Trading Company Private Limited has fallen by -59.29%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varkey Overseas Trading Company Private Limited has experienced an downturn of -0.43%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Varkey Overseas Trading Company Private Limited amount to ₹ 9.30 M.

  • The most recent Balance Sheet for Varkey Overseas Trading Company Private Limited was filed with the ROC on 31 Mar 2024.

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