Varniraj Power Limited

Power company specializing in various types of energy generation and distribution.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 10, 2024

Varniraj Power Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth 2.88%
  • Ebitda -46.36%
  • Net Worth -8.57%
  • Total Assets -0.80%

About Varniraj Power

Varniraj Power Limited (VPL) is a Public Limited Indian Non-Government Company incorporated in India on 28 May 2018 (Six years and eight months 5 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Dilipkumar Sakhwala, Harsha Sakhawala, and Piyushkumar Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300GJ2018PLC102548

  • Company No.

    102548

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

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

Board Members (3)

Name Designation Appointment Date Status
Dilipkumar Sakhwala Country flag representing In Director 28-May-2018 Current
Harsha Sakhawala Country flag representing In Director 28-May-2018 Current
Piyushkumar Patel Country flag representing In Director 28-May-2018 Current

Financial Performance of Varniraj Power.

Varniraj Power Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 2.88% increase in profit. The company's net worth dipped by a decrease of 8.57%.

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
Revenue from Operations
Total Assets
-0.80%
Profit or Loss
2.88%
Net Worth
-8.57%
EBITDA
-46.36%

What is the Ownership and Shareholding Structure of Varniraj Power?

In 2022, Varniraj Power had a promoter holding of 99.30% and a public holding of 0.70%. 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 Varniraj Power?

Unlock and access historical data on people associated with Varniraj Power, 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 Varniraj Power, 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 Power'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 Power

Recent activity within the organization

  • Annual General Meeting

    Varniraj Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varniraj Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Dilipkumar Shambhubhai Sakhwala was appointed as a Director was appointed as a Director on 28 May 2018 & has been associated with this company since 6 years 8 months .

    28 May 2018

  • Director Appointment

    Harsha Dilip Sakhawala was appointed as a Director was appointed as a Director on 28 May 2018 & has been associated with this company since 6 years 8 months .

    28 May 2018

  • Director Appointment

    Piyushkumar Jitendrabhai Patel was appointed as a Director was appointed as a Director on 28 May 2018 & has been associated with this company since 6 years 8 months .

    28 May 2018

  • Company Incorporation

    Varniraj Power Limited was registered on 28 May 2018 with Roc Ahmedabad & aged 6 years 8 months as per MCA records.

    28 May 2018

Frequently asked questions

  • Varniraj Power Limited was incorporated on 28 May 2018.

  • The authorized share capital of Varniraj Power Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Varniraj Power Limited.

    • Dilipkumar Shambhubhai Sakhwala
    • Harsha Dilip Sakhawala
    • Piyushkumar Jitendrabhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varniraj Power Limited is 67 Nilkanth Co Op H Society Nr Khusman Society, Memnagar India, Ahmedabad, Gujarat, 380052.

  • The corporate identification number (CIN) of Varniraj Power Limited is U40300GJ2018PLC102548 and the company number is 102548 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varniraj Power Limited has experienced an downturn of -8.57%.

  • The most recent Balance Sheet for Varniraj Power Limited was filed with the ROC on 31 Mar 2023.