Varnada Industries Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 27.92 Cr
- Satisfied Charges ₹ 1.20 Cr
- Revenue Growth -20.42%
- Profit Growth -20.12%
- Ebitda -1.67%
- Net Worth 0.86%
- Total Assets -5.07%
About Varnada Industries
Varnada Industries Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 2010 and has a history of 14 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹27.92 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Uttam Bhat and Prakash Bhat serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25203MH2010PTC210054
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Company No.
210054
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Nov 2010
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Date of AGM
30 Sep 2019
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Date of Balance Sheet
31 Mar 2019
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Varnada Industries Private Limited offer?
Varnada Industries Private Limited offers a wide range of products and services, including Cables & Wiring Components, Wiring Harness.
Who are the key members and board of directors at Varnada Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Uttam Bhat
|
Director | 28-Dec-2010 | Current |
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Prakash Bhat
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Director | 31-Dec-2021 | Current |
Financial Performance of Varnada Industries.
Varnada Industries Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 20.42% decrease. The company also saw a substantial fall in profitability, with a 20.12% decrease in profit. The company's net worth moved up by a moderate rise of 0.86%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Varnada Industries?
In 2019, Varnada Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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U2 Electrics Private LimitedUttam Bhat and Prakash Bhat are mutual person
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Abs Electroplaters (India) Private Limited
Prakash Bhat is a mutual person
Charges (Loans)
₹27.92 Cr
₹1.20 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 27.55 Cr
- Others : 0.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2017 | Others | ₹1.88 M | Open |
| 24 Jan 2017 | Others | ₹1.85 M | Open |
| 16 Dec 2013 | Canara Bank | ₹27.55 Cr | Open |
| 06 Nov 2012 | Canara Bank | ₹1.20 Cr | Satisfied |
How Many Employees Work at Varnada Industries?
Varnada Industries has a workforce of 3 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 Varnada Industries, 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 Varnada Industries'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.
