Varniraj Industries Private Limited

Textile manufacturing and trading company specializing in sarees and other garments made from various fibers.

2018 | Rajkot, Gujarat (India) | Active
Last Updated:

Varniraj Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 7.00 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.88 Cr
  • Revenue Growth -59.17%
  • Profit Growth -60.31%
  • Ebitda -22.83%
  • Net Worth 12.66%
  • Total Assets -19.56%

About Varniraj Industries

Varniraj Industries Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 February 2018 (Seven years and two months 11 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹3.88 Cr.

Viralkumar Gajipara and Chintan Gajipara serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17200GJ2018PTC100933

  • Company No.

    100933

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 2018

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile
Manufacturing
Company report

Varniraj Industries Private Limited

Explore comprehensive data for Varniraj Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Chintan Gajipara Country flag representing In Director 26-Feb-2018Current
Viralkumar Gajipara Country flag representing In Director 21-Feb-2018Current

Financial Performance of Varniraj Industries.

Varniraj Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 59.17% decrease. The company also saw a substantial fall in profitability, with a 60.31% decrease in profit. The company's net worth Soared by an impressive increase of 12.66%.

Varniraj Industries revenue growth over time
Varniraj 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
-59.17%
Revenue from Operations
-59.17%
Total Assets
-19.56%
Profit or Loss
-60.31%
Net Worth
12.66%
EBITDA
-22.83%

What is the Ownership and Shareholding Structure of Varniraj Industries?

In 2021, Varniraj 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

₹3.88 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.88 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2020Canara Bank₹3.88 CrOpen

How Many Employees Work at Varniraj Industries?

Unlock and access historical data on people associated with Varniraj Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varniraj Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varniraj 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 Varniraj 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 Varniraj Industries

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 3.88 Cr registered on 30 Sep 2020 with Charge ID 100421199 was modified on 15 Dec 2021.

  • Annual General Meeting

    Varniraj Industries Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Varniraj Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

  • Charges

    A charge with Canara Bank amounted to Rs. 3.88 Cr with Charge ID 100421199 was registered on 30 Sep 2020.

  • Director Appointment

    Chintan Ravjibhai Gajipara was appointed as a Director was appointed as a Director on 26 Feb 2018 & has been associated with this company since 7 years 2 months .

  • Director Appointment

    Viralkumar Ravjibhai Gajipara was appointed as a Director was appointed as a Director on 21 Feb 2018 & has been associated with this company since 7 years 2 months .

Frequently asked questions

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

    Varniraj Industries Private Limited was incorporated on 21 Feb 2018.

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

    The authorized share capital of Varniraj Industries Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 7.00 M.

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

    Currently 2 directors are associated with Varniraj Industries Private Limited.

    • Viralkumar Ravjibhai Gajipara
    • Chintan Ravjibhai Gajipara
  • What is the registered address of Varniraj Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varniraj Industries Private Limited is C O. Shubh Laxmi Dye. Navagadh Tal. India, Jetpur, Gujarat, 360370.

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

    The corporate identification number (CIN) of Varniraj Industries Private Limited is U17200GJ2018PTC100933 and the company number is 100933 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Varniraj Industries Private Limited has fallen by -59.17%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Varniraj Industries Private Limited has experienced an upsurge of 12.66%.

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

    As per the financial statements for fiscal Year 2021, The total open charges for Varniraj Industries Private Limited amount to ₹ 3.88 Cr.

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

    The most recent Balance Sheet for Varniraj Industries Private Limited was filed with the ROC on 31 Mar 2021.

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