Varma Automobiles Private Limited

Trades tractors and spare parts, provides transport and travel services, incorporated in 1990.

1990 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated: September 08, 2024

Varma Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.15 M
  • Company Age 34 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.06 Cr
  • Revenue Growth -16.45%
  • Profit Growth -82.84%
  • Ebitda -275.56%
  • Net Worth 0.45%
  • Total Assets 13.83%

About Varma Automobiles

Varma Automobiles Private Limited (VAPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 1990 and has a history of 34 years and six months. Its registered office is in Uttar Pradesh, Uttar Pradesh, India.

The Corporate was formerly known as Purvanchal Load Carriers Private Limited. The Company is engaged in the Automotive 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 3.50 M and a paid-up capital of Rs 3.15 M.

The company currently has active open charges totaling ₹3.06 Cr.

Nishit Verma and Tanya Varma serve as directors at the Company.

Company Details

  • Location

    Uttar Pradesh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60231UP1990PTC012105

  • Company No.

    012105

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

Who are the key members and board of directors at Varma Automobiles?

Executive Team (1)

Name Designation Appointment Date Status
Nishit Verma Country flag representing In Managing Director 01-Jul-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Tanya Varma Director 22-Aug-2024 Current

Financial Performance of Varma Automobiles.

Varma Automobiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.45% decrease. The company also saw a substantial fall in profitability, with a 82.84% decrease in profit. The company's net worth moved up by a moderate rise of 0.45%.

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
-16.45%
Revenue from Operations
-15.44%
Total Assets
13.83%
Profit or Loss
-82.84%
Net Worth
0.45%
EBITDA
-275.56%

What is the Ownership and Shareholding Structure of Varma Automobiles?

Unlock access to Varma Automobiles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.55 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 1.50 Cr
  • Bank Of Baroda : 1.38 Cr
  • Bank Ofbaroda : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
06 Apr 2023 Standard Chartered Bank ₹1.50 Cr Open
05 May 2015 Bank Of Baroda ₹1.25 M Open
06 Feb 2015 Bank Ofbaroda ₹1.80 M Open
20 Jul 2005 Bank Of Baroda ₹1.25 Cr Open

How Many Employees Work at Varma Automobiles?

Unlock and access historical data on people associated with Varma Automobiles, 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 Varma Automobiles, 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 Varma Automobiles'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 Varma Automobiles

Recent activity within the organization

  • Director Appointment

    Tanya Varma was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 5 months 25 days .

    22 Aug 2024

  • Annual General Meeting

    Varma Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 15.00 M with Charge ID 100720634 was registered on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Varma Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1.25 M with Charge ID 10566954 was registered on 05 May 2015.

    05 May 2015

  • Charges

    A charge with Bank Of Baroda of Rs. 12.50 M registered on 20 Jul 2005 with Charge ID 90280979 was modified on 05 May 2015.

    05 May 2015

Frequently asked questions

  • Varma Automobiles Private Limited was incorporated on 23 Jul 1990.

  • The authorized share capital of Varma Automobiles Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.15 M.

  • Currently 2 directors are associated with Varma Automobiles Private Limited.

    • Nishit Verma
    • Tanya Varma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varma Automobiles Private Limited is B-1/22 Sector-Baliganj Lucknow, Uttar Pradesh, India, 226001.

  • The corporate identification number (CIN) of Varma Automobiles Private Limited is U60231UP1990PTC012105 and the company number is 012105 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varma Automobiles Private Limited has fallen by -16.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varma Automobiles Private Limited has experienced an upsurge of 0.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varma Automobiles Private Limited amount to ₹ 3.06 Cr.

  • The most recent Balance Sheet for Varma Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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