Varks Engineers( Part Ix ) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 08-07-2024
- Paid Up Capital ₹ 4.88 Cr
as on 08-07-2024
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 160.46 Cr
as on 08-07-2024
- Satisfied Charges ₹ 88.30 Cr
as on 08-07-2024
- Revenue -21.06%
(FY 2022)
- Profit 12.12%
(FY 2022)
- Ebitda -22.12%
(FY 2022)
- Net Worth 16.62%
(FY 2022)
- Total Assets 21.18%
(FY 2022)
About Varks Engineers( Part Ix )
The Corporate was formerly known as V Arks Engineers Private Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.88 Cr.
The company currently has active open charges totaling ₹160.46 Cr. The company has closed loans amounting to ₹88.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudarshan Reddy, Gutha Kumar, Dheeraj Nimma, and One other member serve as directors at the Company.
- CIN/LLPIN
U45200TG2005PTC045374
- Company No.
045374
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Feb 2005
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Varks Engineers( Part Ix )?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudarshan Reddy  | Managing Director | 15-Feb-2005 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gutha Kumar | Director | 18-Aug-2014 | Current |
| Dheeraj Nimma | Director | 15-Feb-2005 | Current |
| Akhila Nimma | Director | 17-Jan-2014 | Current |
Financial of Varks Engineers( Part Ix ).
Varks Engineers Private Limited ( Part Ix ), for the financial year ended 2022, experienced significant reduction in revenue, with a 21.06% decrease. The company also saw a substantial improvement in profitability, with a 12.12% increase in profit. The company's net worth Soared by an impressive increase of 16.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varks Engineers( Part Ix )?
In 2022, Varks Engineers( Part Ix ) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Jagannadh Agro Food Industries LlpActive 3 years 5 months
Gutha Kumar, Dheeraj Nimma and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 16 Oct 2023 | ₹1.56 Cr | Open |
Yes Bank Limited Creation Date: 28 Sep 2023 | ₹2.01 Cr | Open |
Others Creation Date: 26 Feb 2022 | ₹1.90 Cr | Open |
How Many Employees Work at Varks Engineers( Part Ix )?
Varks Engineers( Part Ix ) has a workforce of 17 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varks Engineers( Part Ix ), 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 Varks Engineers( Part Ix )'s trajectory.
Rating
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
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.
