Varroc Polymers Limited

Founded in 1995 and headquartered in Maharashtra, India.

1995 | Aurangabad, Maharashtra (India) | Active
Last Updated: January 04, 2025

Varroc Polymers Profile

Key Indicators

  • Authorised Capital ₹ 5.49 Cr
  • Paid Up Capital ₹ 5.29 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 603.50 Cr
  • Satisfied Charges ₹ 499.65 Cr

About Varroc Polymers

Varroc Polymers Limited (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 June 1995 and has a history of 29 years and seven months. Its registered office is in Aurangabad, Maharashtra, India.

The Corporate was formerly known as Varroc Polymers Private Limited. The Company is engaged in the Automotive 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 5.49 Cr and a paid-up capital of Rs 5.29 M.

The company currently has active open charges totaling ₹603.50 Cr. The company has closed loans amounting to ₹499.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Varroc Polymers Limited India is Anil Ghatiya as COMPANY SECRETARY. Tarang Jain, Gautam Khandelwal, Marc Szulewicz, and Three other members serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1995PLC090037

  • Company No.

    090037

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1995

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Varroc Polymers Limited offer?

Varroc Polymers Limited offers a wide range of products and services, including Automotive Wiper Parts, Auto Wiper Motor, Engine & Engine Spare Parts, Engine Components, Nails & Pins, Industrial Pins, Drivetrain Components, Transmission Parts, Connecting Rod, Automobile Electrical Components.

Who are the key members and board of directors at Varroc Polymers?

Executive Team (2)

Name Designation Appointment Date Status
Tarang Jain Country flag representing In Managing Director 28-Jun-1995 Current
Anil Ghatiya Country flag representing In Company Secretary 01-Jan-2005 Current

Board Members (5)

Name Designation Appointment Date Status
Vinish Kathuria Country flag representing In Director 13-Nov-2018 Current
Vidyadhar Limaye Country flag representing In Whole-Time Director 14-Nov-2022 Current
Marc Szulewicz Country flag representing Fr Director 13-Nov-2018 Current
Gautam Khandelwal Country flag representing In Director 24-Mar-2011 Current
Arjun Jain Country flag representing In Whole-Time Director 14-Nov-2022 Current

Financial Performance of Varroc Polymers.

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
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Varroc Polymers?

Unlock access to Varroc Polymers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹603.50 Cr

Satisfied Charges

₹499.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 445.00 Cr
  • Standard Chartered Bank : 80.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 35.00 Cr
  • Idbi Bank Limited : 23.00 Cr
  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 2023 Others ₹125.00 Cr Open
23 Jan 2023 Others ₹50.00 Cr Open
23 Jan 2023 Others ₹20.00 Cr Open
23 Jan 2023 Others ₹50.00 Cr Open
20 Dec 2022 Others ₹75.00 Cr Open

How Many Employees Work at Varroc Polymers?

Unlock and access historical data on people associated with Varroc Polymers, 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 Varroc Polymers, 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 Varroc Polymers'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 Varroc Polymers

Recent activity within the organization

  • Charges

    A charge registered on 23 Apr 2021 via Charge ID 100444065 with Standard Chartered Bank was fully satisfied on 16 Dec 2024.

    16 Dec 2024

  • Annual General Meeting

    Varroc Polymers Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

    12 Sep 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 09 May 2022 with Charge ID 100576352 was modified on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge registered on 09 Jan 2003 via Charge ID 90158083 with Others was fully satisfied on 04 Jun 2024.

    04 Jun 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 23 Jan 2023 with Charge ID 100668189 was modified on 31 May 2024.

    31 May 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 23 Jan 2023 with Charge ID 100668236 was modified on 31 May 2024.

    31 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Varroc Polymers Limited was incorporated on 20 Jun 1995.

  • The authorized share capital of Varroc Polymers Limited is ₹ 5.49 Cr and paid-up capital is ₹ 5.29 M.

  • Currently 7 directors are associated with Varroc Polymers Limited.

    • Tarang Naresh Jain
    • Gautam Premnath Khandelwal
    • Marc Szulewicz
    • Vinish Kathuria
    • Vidyadhar Madhukar Limaye
    • Arjun Tarang Jain
    • Anil Ghatiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varroc Polymers Limited is Plot No. L-4 Midc Waluj, India, Aurangabad, Maharashtra, 431136.

  • The corporate identification number (CIN) of Varroc Polymers Limited is U25209MH1995PLC090037 and the company number is 090037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varroc Polymers Limited is https://www.varroc.com

  • As per the financial statements for fiscal Year , The total open charges for Varroc Polymers Limited amount to ₹ 603.50 Cr.

  • The most recent Balance Sheet for Varroc Polymers Limited was filed with the ROC on 31 Mar 2024.

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