Varnika Industries Private Limited

Manufactures and sells electrical machinery and apparatus and their parts.

2013 | Hyderabad, Telangana (India) | Under Insolvency
Last Updated: January 16, 2025

Varnika Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 11 Months
  • Last Filing with ROC 31 Mar 2017
  • Revenue Growth 85.78%
  • Profit Growth 17.40%
  • Ebitda -120.84%
  • Net Worth 40.38%
  • Total Assets -16.95%

About Varnika Industries

Varnika Industries Private Limited (VIPL) is Under Cirp company established on 18 Mar 2013 with its office registered at Hyderabad, Telangana, India and has been running since 11 Year, 11 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31908TG2013PTC086443

  • Company No.

    086443

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2013

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Varnika Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Srinivasa Balivada Country flag representing In Director 01-Dec-2017Current
Naga Kalapala Country flag representing In Additional Director 01-Dec-2017Current

Financial Performance of Varnika Industries.

Varnika Industries Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 85.78% increase. The company also saw a substantial improvement in profitability, with a 17.4% increase in profit. The company's net worth Soared by an impressive increase of 40.38%.

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
85.78%
Revenue from Operations
Total Assets
-16.95%
Profit or Loss
17.40%
Net Worth
40.38%
EBITDA
-120.84%

What is the Ownership and Shareholding Structure of Varnika Industries?

In 2017, Varnika 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Varnika Industries?

Unlock and access historical data on people associated with Varnika Industries, 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 Varnika 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 Varnika 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 Varnika Industries

Recent activity within the organization

  • Director Appointment

    Naga Mohan Kalapala was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2017 & has been associated with this company since 7 years 2 months .

    01 Dec 2017

  • Director Appointment

    Srinivasa Rao Balivada was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 7 years 2 months .

    01 Dec 2017

  • Annual General Meeting

    Varnika Industries Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Varnika Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Hyderabad.

    31 Mar 2017

  • Company Incorporation

    Varnika Industries Private Limited was registered on 18 Mar 2013 with Roc Hyderabad & aged 11 years 11 months as per MCA records.

    18 Mar 2013

Frequently asked questions

  • Varnika Industries Private Limited was incorporated on 18 Mar 2013.

  • The authorized share capital of Varnika Industries Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varnika Industries Private Limited.

    • Naga Mohan Kalapala
    • Srinivasa Rao Balivada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varnika Industries Private Limited is First Floor Sai Arcade, 1-8-619 (29/2Rt) Prakashnagar India, Hyderabad, Telangana, 500016.

  • The corporate identification number (CIN) of Varnika Industries Private Limited is U31908TG2013PTC086443 and the company number is 086443 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Varnika Industries Private Limited has risen by 85.78%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Varnika Industries Private Limited has experienced an upsurge of 40.38%.

  • The most recent Balance Sheet for Varnika Industries Private Limited was filed with the ROC on 31 Mar 2017.

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