Varnada Industries Private Limited

Manufactures electronic consumer goods such as air coolers, tower fans, and mixer grinders.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated:

Varnada Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 14 Year, 3 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 three 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25203MH2010PTC210054

  • Company No.

    210054

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2010

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive
Consumer Electronics & Durables

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)

NameDesignationAppointment DateStatus
Uttam Bhat Country flag representing In Director 28-Dec-2010Current
Prakash Bhat Country flag representing In Director 31-Dec-2021Current

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%.

Varnada Industries revenue growth over time
Varnada Industries 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
-20.42%
Revenue from Operations
-20.42%
Total Assets
-5.07%
Profit or Loss
-20.12%
Net Worth
0.86%
EBITDA
-1.67%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.92 Cr

Satisfied Charges

₹1.20 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 27.55 Cr
  • Others : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2017Others₹1.88 MOpen
24 Jan 2017Others₹1.85 MOpen
16 Dec 2013Canara Bank₹27.55 CrOpen
06 Nov 2012Canara Bank₹1.20 CrSatisfied

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.

Employee growth trends for Varnada Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Varnada Industries

Recent activity within the organization

  • Director Appointment

    Prakash Ganpathi Bhat was appointed as a Director was appointed as a Director on 31 Dec 2021 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge with Canara Bank of Rs. 27.55 Cr registered on 16 Dec 2013 with Charge ID 10467648 was modified on 30 Jun 2020.

  • Annual General Meeting

    Varnada Industries Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Varnada Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100082728 was registered on 02 Mar 2017.

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100077395 was registered on 24 Jan 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Varnada Industries Private Limited?

    Varnada Industries Private Limited was incorporated on 15 Nov 2010.

  • What is authorized share capital and paid-up capital of Varnada Industries Private Limited?

    The authorized share capital of Varnada Industries Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Varnada Industries Private Limited?

    Currently 2 directors are associated with Varnada Industries Private Limited.

    • Uttam Prakash Bhat
    • Prakash Ganpathi Bhat

  • What is the registered address of Varnada Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varnada Industries Private Limited is 23 M K Brothers Industrial Estate Jari Mari Andheri Kurla Road India, Mumbai, Maharashtra, 400072.

  • What is the corporate identification number (CIN) and company number of Varnada Industries Private Limited?

    The corporate identification number (CIN) of Varnada Industries Private Limited is U25203MH2010PTC210054 and the company number is 210054 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varnada Industries Private Limited?

    The Official website of Varnada Industries Private Limited is https://www.varnaindia.com

  • What has been the recent revenue trend for Varnada Industries Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Varnada Industries Private Limited has fallen by -20.42%.

  • How many employees does Varnada Industries Private Limited currently have?

    As Per 2019 financial reports, 3 employees are currently employed by Varnada Industries Private Limited.

  • What change has been observed in the net worth of Varnada Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Varnada Industries Private Limited has experienced an upsurge of 0.86%.

  • What are the total open charges for Varnada Industries Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Varnada Industries Private Limited amount to ₹ 27.92 Cr.

  • When was the last Balance Sheet of Varnada Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Varnada Industries Private Limited was filed with the ROC on 31 Mar 2019.

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