Varpar Engineering Equipments Private Limited

Manufactures and exports furniture and reprographic equipment for drawing offices.

1995 | Chandigarh (India) | Active
Last Updated: December 26, 2024

Varpar Engineering Equipments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.05 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.53 Cr
  • Revenue Growth -1.22%
  • Profit Growth 2.02%
  • Ebitda -39.41%
  • Net Worth 8.56%
  • Total Assets -4.35%

About Varpar Engineering Equipments

Varpar Engineering Equipments Private Limited (VEEPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 1995 and has a history of 29 years and eight months. Its registered office is in Chandigarh, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.05 M.

The company currently has active open charges totaling ₹4.53 Cr.

Rajinder Ghai, Divya Ghai, and Sudershan Ghai serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30008CH1995PTC016607

  • Company No.

    016607

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Varpar Engineering Equipments?

Board Members (3)

NameDesignationAppointment DateStatus
Rajinder Ghai Country flag representing In Director 13-Jun-1995Current
Divya Ghai Additional Director 31-Aug-2024Current
Sudershan Ghai Country flag representing In Director 13-Jun-1995Current

Financial Performance of Varpar Engineering Equipments.

Varpar Engineering Equipments Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.22% decrease. The company also saw a slight improvement in profitability, with a 2.02% increase in profit. The company's net worth moved up by a moderate rise of 8.56%.

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
-1.22%
Revenue from Operations
-3.40%
Total Assets
-4.35%
Profit or Loss
2.02%
Net Worth
8.56%
EBITDA
-39.41%

What is the Ownership and Shareholding Structure of Varpar Engineering Equipments?

In 2021, Varpar Engineering Equipments had a promoter holding of 44.36% and a public holding of 55.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.27 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.50 Cr
  • Others : 1.02 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2017Others₹5.44 MOpen
10 Feb 2016Others₹0.90 MOpen
22 Jun 2011Canara Bank₹0.95 MOpen
25 Aug 2010Canara Bank₹0.30 MOpen
31 Mar 2005Canara Bank₹0.50 MOpen

How Many Employees Work at Varpar Engineering Equipments?

Varpar Engineering Equipments has a workforce of 24 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varpar Engineering Equipments, 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 Varpar Engineering Equipments'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 Varpar Engineering Equipments

Recent activity within the organization

  • Annual General Meeting

    Varpar Engineering Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Divya Ghai was appointed as a Additional Director was appointed as a Additional Director on 31 Aug 2024 & has been associated with this company since 5 months 24 days .

    31 Aug 2024

  • Balance Sheet

    Varpar Engineering Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.44 M with Charge ID 100162348 was registered on 30 Nov 2017.

    30 Nov 2017

  • Charges

    A charge with Others of Rs. 3.90 M registered on 13 Aug 1997 with Charge ID 90174873 was modified on 30 Nov 2017.

    30 Nov 2017

  • Charges

    A charge with Others amounted to Rs. 0.90 M with Charge ID 100047800 was registered on 10 Feb 2016.

    10 Feb 2016

Frequently asked questions

  • Varpar Engineering Equipments Private Limited was incorporated on 13 Jun 1995.

  • The authorized share capital of Varpar Engineering Equipments Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.05 M.

  • Currently 3 directors are associated with Varpar Engineering Equipments Private Limited.

    • Rajinder Kumar Ghai
    • Divya Ghai
    • Sudershan Kumar Ghai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varpar Engineering Equipments Private Limited is 1162 Tf, Sector 21B India, Chandigarh, 160022.

  • The corporate identification number (CIN) of Varpar Engineering Equipments Private Limited is U30008CH1995PTC016607 and the company number is 016607 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Varpar Engineering Equipments Private Limited has fallen by -1.22%.

  • As Per 2021 financial reports, 24 employees are currently employed by Varpar Engineering Equipments Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Varpar Engineering Equipments Private Limited has experienced an upsurge of 8.56%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Varpar Engineering Equipments Private Limited amount to ₹ 4.53 Cr.

  • The most recent Balance Sheet for Varpar Engineering Equipments Private Limited was filed with the ROC on 31 Mar 2024.