Varman Aviation Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.57 Cr
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.80 Cr
- Satisfied Charges ₹ 14.46 Cr
- Revenue Growth 35.12%
- Profit Growth 15.54%
- Ebitda 8.24%
- Net Worth 2.32%
- Total Assets -16.23%
About Varman Aviation
Varman Aviation Private Limited (VAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1994 and has a history of 30 years and seven months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Transport And Logistics 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 7.00 Cr and a paid-up capital of Rs 5.57 Cr.
The company currently has active open charges totaling ₹10.80 Cr. The company has closed loans amounting to ₹14.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chelur Ramanujachar, Navneet Varman, Neena Raj, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U62200KA1994PTC015955
- Company No.
015955
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Varman Aviation Private Limited offer?
Varman Aviation Private Limited offers a wide range of products and services, including Scientific Instruments & Devices, Scientific Instruments, Balancing Machines.
Who are the key members and board of directors at Varman Aviation?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navneet Varman  | Managing Director | 20-Jul-1994 | Current |
| Neena Raj | Managing Director | 06-Aug-1994 | Current |
| Sanjeev Varman | Managing Director | 16-Jun-1996 | Current |
| Alavalapati Reddy | Managing Director | 01-Jan-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chelur Ramanujachar | Director | 01-Feb-2017 | Current |
| Kamala Varman | Director | 12-Sep-2005 | Current |
Financial Performance of Varman Aviation.
Varman Aviation Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 35.12% increase. The company also saw a substantial improvement in profitability, with a 15.54% increase in profit. The company's net worth moved up by a moderate rise of 2.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varman Aviation?
In 2021, Varman Aviation had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.80 Cr
₹14.46 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 10.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2023 | Canara Bank | ₹3.00 M | Open |
| 23 Dec 2022 | Canara Bank | ₹6.50 M | Open |
| 30 May 2009 | Canara Bank | ₹9.85 Cr | Open |
| 02 Feb 2006 | Canara Bank | ₹10.11 Cr | Satisfied |
| 25 Sep 2005 | Hdfc Bank Ltd | ₹2.75 Cr | Satisfied |
How Many Employees Work at Varman Aviation?
Varman Aviation has a workforce of 32 employees as of Mar 29, 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 Varman Aviation, 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 Varman Aviation'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.
