Varni Plastic Private Limited

Manufactures and trades plastic products, based in Gujarat since 2014.

2014 | Morbi, Gujarat (India) | Active
Last Updated: July 16, 2024

Varni Plastic Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.08 Cr
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.87 Cr
  • Revenue Growth 42.34%
  • Profit Growth -13.39%
  • Ebitda 5.11%
  • Net Worth 2.17%
  • Total Assets -0.16%

About Varni Plastic

Varni Plastic Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 September 2014 and has a history of Ten years and five months. Its registered office is in Morbi, Gujarat, India.

The Company is engaged in the Manufacturing 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 2.20 Cr and a paid-up capital of Rs 2.08 Cr.

The company currently has active open charges totaling ₹3.87 Cr.

Umeshbhai Vidja and Piyush Kaila serve as directors at the Company.

Company Details

  • Location

    Morbi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2014PTC080743

  • Company No.

    080743

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Varni Plastic?

Board Members (2)

NameDesignationAppointment DateStatus
Piyush Kaila Country flag representing In Director 10-Sep-2014Current
Umeshbhai Vidja Country flag representing In Director 10-Sep-2014Current

Financial Performance of Varni Plastic.

Varni Plastic Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.34% increase. The company also saw a substantial fall in profitability, with a 13.39% decrease in profit. The company's net worth moved up by a moderate rise of 2.17%.

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
42.34%
Revenue from Operations
41.00%
Total Assets
-0.16%
Profit or Loss
-13.39%
Net Worth
2.17%
EBITDA
5.11%

What is the Ownership and Shareholding Structure of Varni Plastic?

In 2023, Varni Plastic 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

₹3.87 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.87 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2015Others₹3.87 CrOpen

How Many Employees Work at Varni Plastic?

Unlock and access historical data on people associated with Varni Plastic, 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 Varni Plastic, 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 Varni Plastic'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 Varni Plastic

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varni Plastic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 3.87 Cr registered on 16 Jul 2015 with Charge ID 10582274 was modified on 19 Sep 2017.

    19 Sep 2017

  • Charges

    A charge with Others amounted to Rs. 3.87 Cr with Charge ID 10582274 was registered on 16 Jul 2015.

    16 Jul 2015

  • Director Appointment

    Umeshbhai Dhirajlal Vidja was appointed as a Director was appointed as a Director on 10 Sep 2014 & has been associated with this company since 10 years 5 months .

    10 Sep 2014

  • Director Appointment

    Piyush Narbheram Kaila was appointed as a Director was appointed as a Director on 10 Sep 2014 & has been associated with this company since 10 years 5 months .

    10 Sep 2014

Frequently asked questions

  • Varni Plastic Private Limited was incorporated on 10 Sep 2014.

  • The authorized share capital of Varni Plastic Private Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.08 Cr.

  • Currently 2 directors are associated with Varni Plastic Private Limited.

    • Umeshbhai Dhirajlal Vidja
    • Piyush Narbheram Kaila
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varni Plastic Private Limited is Survey No. 154 At: Vejalpar Taluka: Maliya (Miyana), Morbi, Gujarat, India, 363630.

  • The corporate identification number (CIN) of Varni Plastic Private Limited is U25200GJ2014PTC080743 and the company number is 080743 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varni Plastic Private Limited has risen by 42.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varni Plastic Private Limited has experienced an upsurge of 2.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varni Plastic Private Limited amount to ₹ 3.87 Cr.

  • The most recent Balance Sheet for Varni Plastic Private Limited was filed with the ROC on 31 Mar 2023.

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