Varmora Plastech Profile
Key Indicators
- Authorised Capital ₹ 16.27 Cr
- Paid Up Capital ₹ 10.49 Cr
- Company Age 11 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 41.91 Cr
- Revenue Growth -3.54%
- Profit Growth -38.84%
- Ebitda 53.76%
- Net Worth -12.94%
- Total Assets -4.52%
About Varmora Plastech
Varmora Plastech Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 2013 and has a history of 11 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Home & Lifestyle 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 16.27 Cr and a paid-up capital of Rs 10.49 Cr.
The company currently has active open charges totaling ₹41.91 Cr.
The Key Managerial Personnel (KMP) at Varmora Plastech Private Limited India are Mehul Soni as COMPANY SECRETARY and Ketan Modi as Cfo. Rajkumar Varmora, Bhavesh Varmora, and Hirenbhai Patel 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
U28112GJ2013PTC074802
- Company No.
074802
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 May 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Varmora Plastech Private Limited offer?
Varmora Plastech Private Limited offers a wide range of products and services, including Stained, Etched & Laminated Glass, Toughened Glass, Buckets, Mugs & Storage Bins, Dustbins, Cookware, Kitchen Cookware, Water Jugs, Plastic Water Jug, Chopping Boards, Plastic Chopping Board.
Who are the key members and board of directors at Varmora Plastech?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mehul Soni  | Company Secretary | 21-Mar-2017 | Current |
| Ketan Modi | CFO | 14-Oct-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajkumar Varmora | Additional Director | 01-Sep-2022 | Current |
| Bhavesh Varmora | Director | 18-Mar-2017 | Current |
| Hirenbhai Patel | Director | 15-Dec-2014 | Current |
Financial Performance of Varmora Plastech.
Varmora Plastech Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.54% decrease. The company also saw a substantial fall in profitability, with a 38.84% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Varmora Plastech?
In 2023, Varmora Plastech had a promoter holding of 97.44% and a public holding of 2.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Covertek Ceramica Private LimitedBhavesh Varmora is a mutual person
Varmora Granito Private LimitedBhavesh Varmora is a mutual person
Split Developers Private LimitedRajkumar Varmora is a mutual person
- Simola Tiles Llp
Bhavesh Varmora is a mutual person
- Cresta Business India Llp
Bhavesh Varmora is a mutual person
- Spl Exim Private Limited
Hirenbhai Patel is a mutual person
Charges (Loans)
₹41.91 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 26.24 Cr
- Others : 13.97 Cr
- Sidbi : 1.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2023 | Sidbi | ₹1.70 Cr | Open |
| 27 Dec 2021 | Others | ₹3.97 Cr | Open |
| 13 Sep 2019 | Others | ₹10.00 Cr | Open |
| 22 Sep 2013 | State Bank Of India | ₹26.24 Cr | Open |
How Many Employees Work at Varmora Plastech?
Varmora Plastech has a workforce of 92 employees as of Apr 06, 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 Plastech, 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 Plastech'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.
