Varma Cement And Steel Trading Private Limited

Wholesale trading of construction materials, hardware, cement, and steel products.

2009 | Salem, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Varma Cement And Steel Trading Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 8.95 M
  • Company Age 16 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.99 M
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 294.25%
  • Profit Growth -93.75%
  • Ebitda -61.68%
  • Net Worth 2.31%
  • Total Assets 10.25%

About Varma Cement And Steel Trading

Varma Cement And Steel Trading Private Limited (VCASTPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 January 2009 and has a history of 16 years. Its registered office is in Salem, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals 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 8.95 M.

The company currently has active open charges totaling ₹0.99 M. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravivarma Vijayavarman and Ponnusami Ravivarma serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51432TZ2009PTC014982

  • Company No.

    014982

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals

Who are the key members and board of directors at Varma Cement And Steel Trading?

Executive Team (1)

Name Designation Appointment Date Status
Ravivarma Vijayavarman Country flag representing In Managing Director 16-Jan-2009 Current

Board Members (1)

Name Designation Appointment Date Status
Ponnusami Ravivarma Country flag representing In Director 16-Jan-2009 Current

Financial Performance of Varma Cement And Steel Trading.

Varma Cement And Steel Trading Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 294.25% increase. The company also saw a substantial fall in profitability, with a 93.75% decrease in profit. The company's net worth moved up by a moderate rise of 2.31%.

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
294.25%
Revenue from Operations
286.23%
Total Assets
10.25%
Profit or Loss
-93.75%
Net Worth
2.31%
EBITDA
-61.68%

What is the Ownership and Shareholding Structure of Varma Cement And Steel Trading?

In 2023, Varma Cement And Steel Trading had a promoter holding of 38.55% and a public holding of 61.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.10 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
09 Oct 2023 Others ₹0.99 M Open
30 Mar 2016 State Bank Of Travancore ₹5.00 Cr Satisfied
09 Apr 2009 State Bank Of Travancore ₹5.00 Cr Satisfied

How Many Employees Work at Varma Cement And Steel Trading?

Unlock and access historical data on people associated with Varma Cement And Steel Trading, 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 Cement And Steel Trading, 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 Cement And Steel Trading'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 Cement And Steel Trading

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100803038 was registered on 09 Oct 2023.

    09 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varma Cement And Steel Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 30 Mar 2016 via Charge ID 100027504 with State Bank Of Travancore was fully satisfied on 10 Nov 2017.

    10 Nov 2017

  • Charges

    A charge registered on 09 Apr 2009 via Charge ID 10159378 with State Bank Of Travancore was fully satisfied on 31 Mar 2016.

    31 Mar 2016

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 5.00 Cr with Charge ID 100027504 was registered on 30 Mar 2016.

    30 Mar 2016

Frequently asked questions

  • Varma Cement And Steel Trading Private Limited was incorporated on 16 Jan 2009.

  • The authorized share capital of Varma Cement And Steel Trading Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 8.95 M.

  • Currently 2 directors are associated with Varma Cement And Steel Trading Private Limited.

    • Ravivarma Vijayavarman
    • Ponnusami Varma Ravivarma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varma Cement And Steel Trading Private Limited is 54 Cherry Road India, Salem, Tamil Nadu, 636007.

  • The corporate identification number (CIN) of Varma Cement And Steel Trading Private Limited is U51432TZ2009PTC014982 and the company number is 014982 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varma Cement And Steel Trading Private Limited has risen by 294.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varma Cement And Steel Trading Private Limited has experienced an upsurge of 2.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varma Cement And Steel Trading Private Limited amount to ₹ 0.99 M.

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

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