Varma Constructions Private Limited

Develops gated community townships, undertakes government projects, and completes infrastructure development projects.

2004 | Salem, Tamil Nadu (India) | Active
Last Updated:

Varma Constructions Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 21 Year, 21 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.54 Cr
  • Satisfied Charges ₹ 29.94 Cr
  • Revenue Growth 45.20%
  • Profit Growth 1194.59%
  • Ebitda -10.93%
  • Net Worth 4.61%
  • Total Assets -3.15%

About Varma Constructions

Varma Constructions Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 February 2004 and has a history of 21 years. Its registered office is in Salem, Tamil Nadu, India.

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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹4.54 Cr. The company has closed loans amounting to ₹29.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

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

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varmaconstructions.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201TZ2004PTC010975

  • Company No.

    010975

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Infrastructure and Utilities
Real Estate and Construction

What products or services does Varma Constructions Private Limited offer?

Varma Constructions Private Limited offers a wide range of products and services, including Industrial Construction Service, Industrial Construction Projects.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ravivarma Vijayavarman Country flag representing In Managing Director11-Feb-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Ponnusami Ravivarma Country flag representing In Director 16-Aug-2006Current
Vijayavarman Jagadeeswari Country flag representing In Director 16-Aug-2019Current

Financial Performance of Varma Constructions.

Varma Constructions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.2% increase. The company also saw a substantial improvement in profitability, with a 1194.59% increase in profit. The company's net worth moved up by a moderate rise of 4.61%.

Varma Constructions revenue growth over time
Varma Constructions 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
45.20%
Revenue from Operations
42.12%
Total Assets
-3.15%
Profit or Loss
1194.59%
Net Worth
4.61%
EBITDA
-10.93%

What is the Ownership and Shareholding Structure of Varma Constructions?

In 2023, Varma Constructions had a promoter holding of 49.30% and a public holding of 50.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.54 Cr

Satisfied Charges

₹29.94 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.50 Cr
  • Bank Of India : 1.09 Cr
  • Others : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2024Others₹1.75 MOpen
09 Jan 2024Bank Of India₹1.09 CrOpen
29 Aug 2023Others₹5.13 MOpen
14 Jul 2021Others₹1.73 MOpen
13 Jul 2021Others₹0.85 MOpen

How Many Employees Work at Varma Constructions?

Varma Constructions has a workforce of 14 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 Varma Constructions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varma Constructions, 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 Constructions'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 Constructions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100951859 was registered on 29 Jun 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 1.09 Cr with Charge ID 100897974 was registered on 09 Jan 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100781812 was registered on 29 Aug 2023.

  • Charges

    A charge registered on 24 Dec 2014 via Charge ID 10579253 with Repatriates Co-Operative Finance And Development Bank Limited was fully satisfied on 15 Jul 2023.

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Varma Constructions Private Limited?

    Varma Constructions Private Limited was incorporated on 11 Feb 2004.

  • What is authorized share capital and paid-up capital of Varma Constructions Private Limited?

    The authorized share capital of Varma Constructions Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Varma Constructions Private Limited?

    Currently 3 directors are associated with Varma Constructions Private Limited.

    • Ravivarma Vijayavarman
    • Ponnusami Varma Ravivarma
    • Vijayavarman Jagadeeswari

  • What is the registered address of Varma Constructions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varma Constructions Private Limited is Upstairs - Vijay Tower 68- Kitchipalayam Main Road, Salem, Tamil Nadu, India, 636001.

  • What is the corporate identification number (CIN) and company number of Varma Constructions Private Limited?

    The corporate identification number (CIN) of Varma Constructions Private Limited is U45201TZ2004PTC010975 and the company number is 010975 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varma Constructions Private Limited?

    The Official website of Varma Constructions Private Limited is https://www.varmaconstructions.com

  • What has been the recent revenue trend for Varma Constructions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varma Constructions Private Limited has risen by 45.20%.

  • How many employees does Varma Constructions Private Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Varma Constructions Private Limited.

  • What change has been observed in the net worth of Varma Constructions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varma Constructions Private Limited has experienced an upsurge of 4.61%.

  • What are the total open charges for Varma Constructions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varma Constructions Private Limited amount to ₹ 4.54 Cr.

  • When was the last Balance Sheet of Varma Constructions Private Limited filed with the ROC?

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

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