Varmora Furnitures Profile
Key Indicators
- Authorised Capital ₹ 9.50 Cr
- Paid Up Capital ₹ 8.98 Cr
- Company Age 11 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.34 Cr
- Satisfied Charges ₹ 8.48 Cr
- Revenue Growth -26.73%
- Profit Growth 164.14%
- Ebitda -6.26%
- Net Worth 0.75%
- Total Assets 4.12%
About Varmora Furnitures
Varmora Furnitures Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2013 and has a history of 11 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 9.50 Cr and a paid-up capital of Rs 8.98 Cr.
The company currently has active open charges totaling ₹5.34 Cr. The company has closed loans amounting to ₹8.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mittal Fultaria, Shaileshkumar Patel, Kevin Varmora, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36100GJ2013PTC074995
- Company No.
074995
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 May 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Consumer Electronics & Durables
What products or services does Varmora Furnitures Private Limited offer?
Varmora Furnitures Private Limited offers a wide range of products and services, including Lunch Boxes, Plastic Lunch Box, Outdoor and Garden Furniture, Wicker & Rattan Furniture, Airtight Lunch Box, Stainless Steel Lunch Box, Plastic Furniture & Supplies, Plastic Chairs & Chairs Set.
Who are the key members and board of directors at Varmora Furnitures?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaileshkumar Patel  | Director | 16-Mar-2017 | Current |
| Mittal Fultaria | Additional Director | 15-Jun-2024 | Current |
| Kevin Varmora | Additional Director | 21-Feb-2024 | Current |
| Nakul Vaghasiya | Additional Director | 15-Jun-2024 | Current |
Financial Performance of Varmora Furnitures.
Varmora Furnitures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.73% decrease. The company also saw a substantial improvement in profitability, with a 164.14% increase in profit. The company's net worth moved up by a moderate rise of 0.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varmora Furnitures?
In 2022, Varmora Furnitures had a promoter holding of 74.21% and a public holding of 25.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lala Plastech Private LimitedMittal Fultaria is a mutual person
- Xylone Polyblend Private Limited
Mittal Fultaria is a mutual person
Charges (Loans)
Open Charges
₹5.34 Cr
Satisfied Charges
₹8.48 Cr
Charges Breakdown by Lending Institutions
- Others : 4.45 Cr
- Tata Capital Housing Finance Limited : 0.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2024 | Tata Capital Housing Finance Limited | ₹8.90 M | Open |
| 25 Jul 2024 | Others | ₹4.45 Cr | Open |
| 18 Sep 2013 | State Bank Of India | ₹8.48 Cr | Satisfied |
How Many Employees Work at Varmora Furnitures?
Varmora Furnitures has a workforce of 12 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varmora Furnitures, 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 Furnitures'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 Varmora Furnitures
Recent activity within the organization
- Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 0.89 Cr with Charge ID 100968513 was registered on 31 Aug 2024.
- Charges
A charge with Others amounted to Rs. 4.45 Cr with Charge ID 100960048 was registered on 25 Jul 2024.
- Charges
A charge registered on 18 Sep 2013 via Charge ID 10453864 with State Bank Of India was fully satisfied on 19 Jul 2024.
- Director Appointment
Mittal Fultaria was appointed as a Additional Director was appointed as a Additional Director on 15 Jun 2024 & has been associated with this company since 9 months 12 days .
- Director Appointment
Nakul Jayantilal Vaghasiya was appointed as a Additional Director was appointed as a Additional Director on 15 Jun 2024 & has been associated with this company since 9 months 12 days .
- Director Appointment
Kevin Pramodbhai Varmora was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2024 & has been associated with this company since 1 year 1 month .
Frequently asked questions
What is the Incorporation or founding date of Varmora Furnitures Private Limited?
Varmora Furnitures Private Limited was incorporated on 10 May 2013.
What is authorized share capital and paid-up capital of Varmora Furnitures Private Limited?
The authorized share capital of Varmora Furnitures Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 8.98 Cr.
Who are the current board members & directors of Varmora Furnitures Private Limited?
Currently 4 directors are associated with Varmora Furnitures Private Limited.
- Mittal Fultaria
- Shaileshkumar Rugnathbhai Patel
- Kevin Pramodbhai Varmora
- Nakul Jayantilal Vaghasiya
What is the registered address of Varmora Furnitures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varmora Furnitures Private Limited is Plot No-13 Block No-151 Po: Vasna Chacharvadi Near Divya Bhaskar Press, Bavla-Changoda R India, Ahmedabad, Gujarat, 382213.
What is the corporate identification number (CIN) and company number of Varmora Furnitures Private Limited?
The corporate identification number (CIN) of Varmora Furnitures Private Limited is U36100GJ2013PTC074995 and the company number is 074995 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varmora Furnitures Private Limited?
The Official website of Varmora Furnitures Private Limited is https://www.varmorafurnitures.com
What has been the recent revenue trend for Varmora Furnitures Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Varmora Furnitures Private Limited has fallen by -26.73%.
How many employees does Varmora Furnitures Private Limited currently have?
As Per 2023 financial reports, 12 employees are currently employed by Varmora Furnitures Private Limited.
What change has been observed in the net worth of Varmora Furnitures Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Varmora Furnitures Private Limited has experienced an upsurge of 0.75%.
What are the total open charges for Varmora Furnitures Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Varmora Furnitures Private Limited amount to ₹ 5.34 Cr.
When was the last Balance Sheet of Varmora Furnitures Private Limited filed with the ROC?
The most recent Balance Sheet for Varmora Furnitures Private Limited was filed with the ROC on 31 Mar 2023.
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