Varks Engineers( Part Ix ) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 19 Year, 11 Months
- 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 19 years and 11 months. 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
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Location
Rangareddy, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U45200TG2005PTC045374
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Company No.
045374
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Feb 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
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 |
|---|---|---|---|
|
Akhila Nimma
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Director | 17-Jan-2014 | Current |
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Dheeraj Nimma
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Director | 15-Feb-2005 | Current |
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Gutha Kumar
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Director | 18-Aug-2014 | Current |
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%.
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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)
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Ashoka Builders And Developers LlpGutha Kumar is a mutual person
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Jagannadh Agro Food Industries LlpAkhila Nimma, Dheeraj Nimma and 1 more are mutual person
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Collaborate County Llp
Gutha Kumar is a mutual person
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Sri Vajra Enterprises Private Limited
Sudarshan Reddy is a mutual person
Charges (Loans)
₹161.27 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2024 | Axis Bank Limited | ₹1.62 M | Open |
| 30 Dec 2023 | Axis Bank Limited | ₹6.45 M | Open |
| 16 Oct 2023 | Axis Bank Limited | ₹1.56 Cr | Open |
| 28 Sep 2023 | Yes Bank Limited | ₹2.01 Cr | Open |
| 26 Feb 2022 | Others | ₹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.
