Varman Aviation Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.57 Cr
- Company Age 30 Year, 8 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 eight 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
Transport and Logistics
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.
Varman Aviation Private Limited
Explore comprehensive data for Varman Aviation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹10.80 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Varman Aviation
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 9.85 Cr registered on 30 May 2009 with Charge ID 10166979 was modified on 21 Jun 2024.
- Annual General Meeting
Varman Aviation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Varman Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 100671156 was registered on 09 Jan 2023.
- Charges
A charge with Canara Bank amounted to Rs. 0.65 Cr with Charge ID 100671913 was registered on 23 Dec 2022.
- Director Appointment
Chelur Rangachar Ramanujachar was appointed as a Director was appointed as a Director on 01 Feb 2017 & has been associated with this company since 8 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Varman Aviation Private Limited?
Varman Aviation Private Limited was incorporated on 20 Jul 1994.
What is authorized share capital and paid-up capital of Varman Aviation Private Limited?
The authorized share capital of Varman Aviation Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.57 Cr.
Who are the current board members & directors of Varman Aviation Private Limited?
Currently 6 directors are associated with Varman Aviation Private Limited.
- Chelur Rangachar Ramanujachar
- Navneet Varman
- Neena Raj
- Sanjeev Varman
- Alavalapati Veerabhadra Reddy
- Kamala Varman
What is the registered address of Varman Aviation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varman Aviation Private Limited is Aviation Complex Epip Plot No: 16 17 Road 7, Whitefield India, Bangalore, Karnataka, 560066.
What is the corporate identification number (CIN) and company number of Varman Aviation Private Limited?
The corporate identification number (CIN) of Varman Aviation Private Limited is U62200KA1994PTC015955 and the company number is 015955 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varman Aviation Private Limited?
The Official website of Varman Aviation Private Limited is https://www.varman.com
What has been the recent revenue trend for Varman Aviation Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Varman Aviation Private Limited has risen by 35.12%.
How many employees does Varman Aviation Private Limited currently have?
As Per 2021 financial reports, 32 employees are currently employed by Varman Aviation Private Limited.
What change has been observed in the net worth of Varman Aviation Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Varman Aviation Private Limited has experienced an upsurge of 2.32%.
What are the total open charges for Varman Aviation Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Varman Aviation Private Limited amount to ₹ 10.80 Cr.
When was the last Balance Sheet of Varman Aviation Private Limited filed with the ROC?
The most recent Balance Sheet for Varman Aviation Private Limited was filed with the ROC on 31 Mar 2023.
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