Varna Chemicals India Private Limited

Chemical trading company with diverse product portfolio, established in 2008.

2008 | Erode, Tamil Nadu (India) | Active
Last Updated: December 09, 2024

Varna Chemicals India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 50.00 K
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.09 Cr
  • Revenue Growth 53.76%
  • Profit Growth 100.72%
  • Ebitda -220.12%
  • Net Worth 13.13%
  • Total Assets 23.00%

About Varna Chemicals India

Varna Chemicals India Private Limited (VCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 2008 and has a history of 16 years and four months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials 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 1.50 Cr and a paid-up capital of Rs 50.00 K .

The company currently has active open charges totaling ₹2.09 Cr.

Swaminathan Kothandapani and Balakrishnan Padmavathi serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varnagroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24297TZ2008PTC014791

  • Company No.

    014791

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Chemicals and Materials

Who are the key members and board of directors at Varna Chemicals India?

Board Members (2)

Name Designation Appointment Date Status
Swaminathan Kothandapani Country flag representing In Director 07-Oct-2008 Current
Balakrishnan Padmavathi Country flag representing In Director 07-Oct-2008 Current

Financial Performance of Varna Chemicals India.

Varna Chemicals India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.76% increase. The company also saw a substantial improvement in profitability, with a 100.72% increase in profit. The company's net worth Soared by an impressive increase of 13.13%.

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
53.76%
Revenue from Operations
40.30%
Total Assets
23.00%
Profit or Loss
100.72%
Net Worth
13.13%
EBITDA
-220.12%

What is the Ownership and Shareholding Structure of Varna Chemicals India?

Unlock access to Varna Chemicals India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.09 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.82 Cr
  • Hdfc Bank Limited : 0.27 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2023 Bank Of India ₹2.00 M Open
01 May 2022 Bank Of India ₹1.15 M Open
07 Sep 2021 Hdfc Bank Limited ₹2.70 M Open
04 Jul 2017 Bank Of India ₹1.50 Cr Open

How Many Employees Work at Varna Chemicals India?

Unlock and access historical data on people associated with Varna Chemicals India, 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 Varna Chemicals India, 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 Varna Chemicals India'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 Varna Chemicals India

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100829132 was registered on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varna Chemicals India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Bank Of India of Rs. 1.50 Cr registered on 04 Jul 2017 with Charge ID 100109976 was modified on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge with Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100579117 was registered on 01 May 2022.

    01 May 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100495786 was registered on 07 Sep 2021.

    07 Sep 2021

Frequently asked questions

  • Varna Chemicals India Private Limited was incorporated on 07 Oct 2008.

  • The authorized share capital of Varna Chemicals India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 50.00 K .

  • Currently 2 directors are associated with Varna Chemicals India Private Limited.

    • Swaminathan Kothandapani
    • Balakrishnan Padmavathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varna Chemicals India Private Limited is No.1/71, Chengappalli Perundurai India, Erode, Tamil Nadu, 638812.

  • The corporate identification number (CIN) of Varna Chemicals India Private Limited is U24297TZ2008PTC014791 and the company number is 014791 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varna Chemicals India Private Limited is https://www.varnagroup.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varna Chemicals India Private Limited has risen by 53.76%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varna Chemicals India Private Limited has experienced an upsurge of 13.13%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varna Chemicals India Private Limited amount to ₹ 2.09 Cr.

  • The most recent Balance Sheet for Varna Chemicals India Private Limited was filed with the ROC on 31 Mar 2023.