Varkood Paper And Boards Private Limited

Manufactures paperboard and strawboard since 1995 in Mysore, Karnataka.

1995 | Mysore, Karnataka (India) | Active
Last Updated: December 07, 2024

Varkood Paper And Boards Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 6.89 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 6.10 Cr
  • Satisfied Charges ₹ 3.16 Cr
  • Revenue Growth 39.14%
  • Profit Growth 18.84%
  • Ebitda 68.75%
  • Net Worth 8.14%
  • Total Assets 29.78%

About Varkood Paper And Boards

Varkood Paper And Boards Private Limited (VPABPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 1995 and has a history of 29 years and five months. Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 6.89 M.

The company currently has active open charges totaling ₹6.10 Cr. The company has closed loans amounting to ₹3.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Murali Sathyanarayana, Sathyanarayana Krishnarao, Krishnamurthy Subbarao, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02101KA1995PTC018542

  • Company No.

    018542

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1995

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

Who are the key members and board of directors at Varkood Paper And Boards?

Board Members (6)

Name Designation Appointment Date Status
Murali Sathyanarayana Country flag representing In Director 14-Aug-1995 Current
Sathyanarayana Krishnarao Country flag representing In Director 14-Aug-1995 Current
Krishnamurthy Subbarao Country flag representing In Director 30-Sep-2004 Current
Tamkasala Nagaraja Country flag representing In Director 30-Sep-2004 Current
Mahendra Kiran Country flag representing In Director 20-Mar-1997 Current
Usha Murali Country flag representing In Director 18-May-2018 Current

Financial Performance of Varkood Paper And Boards.

Varkood Paper And Boards Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.14% increase. The company also saw a substantial improvement in profitability, with a 18.84% increase in profit. The company's net worth moved up by a moderate rise of 8.14%.

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
39.14%
Revenue from Operations
39.34%
Total Assets
29.78%
Profit or Loss
18.84%
Net Worth
8.14%
EBITDA
68.75%

What is the Ownership and Shareholding Structure of Varkood Paper And Boards?

In 2022, Varkood Paper And Boards had a promoter holding of 36.29% and a public holding of 63.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.00 M

Satisfied Charges

₹31.60 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.50 Cr
  • Sidbi : 1.90 Cr
  • Canara Bank : 1.70 Cr

Latest Charge Details

Date Lender Amount Status
04 May 2023 Axis Bank Limited ₹2.50 Cr Open
12 Aug 2021 Sidbi ₹1.90 Cr Open
21 Oct 2011 Canara Bank ₹1.70 Cr Open
27 Jan 1999 Bank Of India ₹1.16 Cr Satisfied
12 Nov 1997 Bank Of India ₹2.00 Cr Satisfied

How Many Employees Work at Varkood Paper And Boards?

Varkood Paper And Boards has a workforce of 39 employees as of Apr 06, 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 Varkood Paper And Boards, 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 Varkood Paper And Boards'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 Varkood Paper And Boards

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 M with Charge ID 100719729 was registered on 04 May 2023.

    04 May 2023

  • Annual General Meeting

    Varkood Paper And Boards Private Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.

    28 Sep 2022

  • Balance Sheet

    Varkood Paper And Boards Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with Sidbi amounted to Rs. 19.00 M with Charge ID 100467510 was registered on 12 Aug 2021.

    12 Aug 2021

  • Director Appointment

    Usha Murali was appointed as a Director was appointed as a Director on 18 May 2018 & has been associated with this company since 6 years 8 months .

    18 May 2018

  • Charges

    A charge with Canara Bank of Rs. 17.00 M registered on 21 Oct 2011 with Charge ID 10322401 was modified on 15 Jun 2016.

    15 Jun 2016

Frequently asked questions

  • Varkood Paper And Boards Private Limited was incorporated on 14 Aug 1995.

  • The authorized share capital of Varkood Paper And Boards Private Limited is ₹ 8.00 M and paid-up capital is ₹ 6.89 M.

  • Currently 6 directors are associated with Varkood Paper And Boards Private Limited.

    • Murali Sathyanarayana
    • Sathyanarayana Murthy Salgame Krishnarao
    • Krishnamurthy Hanagodu Subbarao
    • Tamkasala Sampangi Ramaiah Nagaraja
    • Mahendra Kiran
    • Usha Murali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varkood Paper And Boards Private Limited is 13Th Km On -T Narasipuraroad, India, Mysore, Karnataka, 570010.

  • The corporate identification number (CIN) of Varkood Paper And Boards Private Limited is U02101KA1995PTC018542 and the company number is 018542 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varkood Paper And Boards Private Limited has risen by 39.14%.

  • As Per 2022 financial reports, 39 employees are currently employed by Varkood Paper And Boards Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varkood Paper And Boards Private Limited has experienced an upsurge of 8.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varkood Paper And Boards Private Limited amount to ₹ 6.10 Cr.

  • The most recent Balance Sheet for Varkood Paper And Boards Private Limited was filed with the ROC on 31 Mar 2022.

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