Varmora Forge Private Limited

Manufacturer of high-quality automobile and engineering fasteners made of various materials, including stainless steel.

2008 | Surendra Nagar, Gujarat (India) | Active
Last Updated: October 24, 2024

Varmora Forge Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.43 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.63 Cr
  • Satisfied Charges ₹ 2.53 Cr
  • Revenue Growth 2.25%
  • Profit Growth 14.38%
  • Ebitda -14.04%
  • Net Worth 6.53%
  • Total Assets -23.82%

About Varmora Forge

Varmora Forge Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 2008 and has a history of 16 years and 11 months. Its registered office is in Surendra Nagar, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 7.50 M and a paid-up capital of Rs 7.43 M.

The company currently has active open charges totaling ₹3.63 Cr. The company has closed loans amounting to ₹2.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarunkumar Patel and Dipen Varmora serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ2008PTC053123

  • Company No.

    053123

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Varmora Forge Private Limited offer?

Varmora Forge Private Limited offers a wide range of products and services, including Metal Fastener, Stainless Steel Fasteners, Alloy, Metal and Machine Washers, Washer, Bolts, Hex Bolts, Metal Washers, MS Washer, Stainless Steel Washers, Head Bolt.

Who are the key members and board of directors at Varmora Forge?

Board Members (2)

Name Designation Appointment Date Status
Tarunkumar Patel Country flag representing In Director 03-Mar-2008 Current
Dipen Varmora Country flag representing In Additional Director 01-Jun-2024 Current

Financial Performance of Varmora Forge.

Varmora Forge Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.25% increase. The company also saw a substantial improvement in profitability, with a 14.38% increase in profit. The company's net worth moved up by a moderate rise of 6.53%.

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
2.25%
Revenue from Operations
1.62%
Total Assets
-23.82%
Profit or Loss
14.38%
Net Worth
6.53%
EBITDA
-14.04%

What is the Ownership and Shareholding Structure of Varmora Forge?

In 2023, Varmora Forge had a promoter holding of 17.68% and a public holding of 82.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.30 M

Satisfied Charges

₹25.30 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.63 Cr

Latest Charge Details

Date Lender Amount Status
06 Dec 2013 State Bank Of India ₹3.63 Cr Open
24 Jun 2008 State Bank Of India ₹2.53 Cr Satisfied

How Many Employees Work at Varmora Forge?

Unlock and access historical data on people associated with Varmora Forge, 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 Varmora Forge, 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 Varmora Forge'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 Varmora Forge

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 36.30 M registered on 06 Dec 2013 with Charge ID 10470489 was modified on 24 Jul 2024.

    24 Jul 2024

  • Director Appointment

    Dipen Bhaveshbhai Varmora was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2024 & has been associated with this company since 8 months 4 days .

    01 Jun 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varmora Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 24 Jun 2008 via Charge ID 10115770 with State Bank Of India was fully satisfied on 20 Aug 2019.

    20 Aug 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 36.30 M with Charge ID 10470489 was registered on 06 Dec 2013.

    06 Dec 2013

Frequently asked questions

  • Varmora Forge Private Limited was incorporated on 03 Mar 2008.

  • The authorized share capital of Varmora Forge Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.43 M.

  • Currently 2 directors are associated with Varmora Forge Private Limited.

    • Tarunkumar Gordhanbhai Patel
    • Dipen Bhaveshbhai Varmora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varmora Forge Private Limited is Plot No. 53 To 62 Phase - 1 Gidc Estate, India, Wadhwan, Gujarat, 363035.

  • The corporate identification number (CIN) of Varmora Forge Private Limited is U24100GJ2008PTC053123 and the company number is 053123 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varmora Forge Private Limited is https://www.varmoraforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varmora Forge Private Limited has risen by 2.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varmora Forge Private Limited has experienced an upsurge of 6.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varmora Forge Private Limited amount to ₹ 3.63 Cr.

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

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