Varks Engineers Private Limited ( Part Ix )

Specializes in civil engineering, underground/tunneling, hydropower, and lift-irrigation projects.

2005 | Rangareddy, Telangana (India) | Active
Last Updated:

Varks Engineers( Part Ix ) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.88 Cr
  • Company Age 20 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 161.27 Cr
  • Satisfied Charges ₹ 88.30 Cr
  • Revenue Growth -21.06%
  • Profit Growth 12.12%
  • Ebitda -22.12%
  • Net Worth 16.62%
  • Total Assets 21.18%

About Varks Engineers( Part Ix )

Varks Engineers Private Limited ( Part Ix ) (VEPLPI) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2005 and has a history of 20 years. Its registered office is in Rangareddy, Telangana, India.

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 2023. 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 ₹161.27 Cr. The company has closed loans amounting to ₹88.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akhila Nimma, Dheeraj Nimma, Gutha Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varksengineers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200TG2005PTC045374

  • Company No.

    045374

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Varks Engineers( Part Ix )?

Executive Team (1)

NameDesignationAppointment DateStatus
Sudarshan Reddy Country flag representing In Managing Director15-Feb-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Akhila Nimma Country flag representing In Director 17-Jan-2014Current
Dheeraj Nimma Country flag representing In Director 15-Feb-2005Current
Gutha Kumar Country flag representing In Director 18-Aug-2014Current

Financial Performance 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%.

Varks Engineers( Part Ix ) revenue growth over time
Varks Engineers( Part Ix ) 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
-21.06%
Revenue from Operations
-23.65%
Total Assets
21.18%
Profit or Loss
12.12%
Net Worth
16.62%
EBITDA
-22.12%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹161.27 Cr

Satisfied Charges

₹88.30 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 87.90 Cr
  • State Bank Of India : 29.02 Cr
  • Others : 16.13 Cr
  • Hdfc Bank Limited : 12.70 Cr
  • Axis Bank Limited : 6.80 Cr
  • Others : 8.72 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2024Axis Bank Limited₹1.62 MOpen
30 Dec 2023Axis Bank Limited₹6.45 MOpen
16 Oct 2023Axis Bank Limited₹1.56 CrOpen
28 Sep 2023Yes Bank Limited₹2.01 CrOpen
26 Feb 2022Others₹1.90 CrOpen

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.

Employee growth trends for Varks Engineers Private Limited ( Part Ix )

Deals i

Graph showing company valuation over time

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

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 Varks Engineers( Part Ix )

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100878567 was registered on 17 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.64 Cr with Charge ID 100857270 was registered on 30 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.56 Cr with Charge ID 100807195 was registered on 16 Oct 2023.

  • Annual General Meeting

    Varks Engineers Private Limited ( Part Ix ) last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 2.01 Cr with Charge ID 100799672 was registered on 28 Sep 2023.

  • Charges

    A charge registered on 11 May 2009 via Charge ID 10157975 with Hdfc Bank Limited was fully satisfied on 25 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Varks Engineers Private Limited ( Part Ix )?

    Varks Engineers Private Limited ( Part Ix ) was incorporated on 15 Feb 2005.

  • What is authorized share capital and paid-up capital of Varks Engineers Private Limited ( Part Ix )?

    The authorized share capital of Varks Engineers Private Limited ( Part Ix ) is ₹ 5.00 Cr and paid-up capital is ₹ 4.88 Cr.

  • Who are the current board members & directors of Varks Engineers Private Limited ( Part Ix )?

    Currently 4 directors are associated with Varks Engineers Private Limited ( Part Ix ).

    • Akhila Reddy Nimma
    • Dheeraj Kaushik Reddy Nimma
    • Gutha Amith Kumar
    • Sudarshan Nimma Reddy

  • What is the registered address of Varks Engineers Private Limited ( Part Ix )?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varks Engineers Private Limited ( Part Ix ) is Plot No: 63 3Rd Floor Lumbini Avenue Gachibowli, India, Hyderabad, Telangana, 500032.

  • What is the corporate identification number (CIN) and company number of Varks Engineers Private Limited ( Part Ix )?

    The corporate identification number (CIN) of Varks Engineers Private Limited ( Part Ix ) is U45200TG2005PTC045374 and the company number is 045374 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varks Engineers Private Limited ( Part Ix )?

    The Official website of Varks Engineers Private Limited ( Part Ix ) is https://www.varksengineers.com

  • What has been the recent revenue trend for Varks Engineers Private Limited ( Part Ix )?

    According to the financial reports for the fiscal year 2022, the revenue trend for Varks Engineers Private Limited ( Part Ix ) has fallen by -21.06%.

  • How many employees does Varks Engineers Private Limited ( Part Ix ) currently have?

    As Per 2022 financial reports, 17 employees are currently employed by Varks Engineers Private Limited ( Part Ix ).

  • What change has been observed in the net worth of Varks Engineers Private Limited ( Part Ix ), and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Varks Engineers Private Limited ( Part Ix ) has experienced an upsurge of 16.62%.

  • What are the total open charges for Varks Engineers Private Limited ( Part Ix )?

    As per the financial statements for fiscal Year 2022, The total open charges for Varks Engineers Private Limited ( Part Ix ) amount to ₹ 161.27 Cr.

  • When was the last Balance Sheet of Varks Engineers Private Limited ( Part Ix ) filed with the ROC?

    The most recent Balance Sheet for Varks Engineers Private Limited ( Part Ix ) was filed with the ROC on 31 Mar 2023.

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