Varrsana Ispat Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 24.85 Cr
- Company Age 25 Year, 2 Days
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 2,353.21 Cr
- Revenue Growth 16.67%
- Profit Growth -94.72%
- Ebitda -101.95%
- Net Worth -234.35%
- Total Assets 0.38%
About Varrsana Ispat
Varrsana Ispat Ltd (VIL) is Under Liquidation company established on 01 Mar 2000 with its office registered at Kolkata, West Bengal, India and has been running since 25 Year, 2 Days with a paid up capital of 24.85 Cr. According to MCA records, 3 Directors and 2 Signatories are linked to this company as of 02 May 2024.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U99999WB2000PLC124804
- Company No.
124804
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Mar 2000
- Date of AGM
05 Nov 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
What products or services does Varrsana Ispat Ltd offer?
Varrsana Ispat Ltd offers a wide range of products and services, including Minerals and Ores, Iron Ore, Antennas, Wifi & Communication Tower, Communication Towers, Solar & Renewable Energy Products, Windmills & Wind Turbines.
Who are the key members and board of directors at Varrsana Ispat?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mukesh Sharma | CFO | 15-Jun-2015 | Current |
| Gagandeep Gupta | Company Secretary | 20-Jul-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Sureka  | Director | 26-Jul-2005 | Current |
| Akshay Jhunjhunwala | Whole-Time Director | 22-Dec-2012 | Current |
| Manoj Mishra | Director | 26-Jul-2005 | Current |
Financial Performance of Varrsana Ispat.
Varrsana Ispat Ltd, for the financial year ended 2019, experienced significant growth in revenue, with a 16.67% increase. The company also saw a substantial fall in profitability, with a 94.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 234.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varrsana Ispat?
In 2019, Varrsana Ispat had a promoter holding of 37.88% and a public holding of 62.12%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jhabua Power LimitedGagandeep Gupta is a mutual person
Bakeraika Industries Private LimitedAkshay Jhunjhunwala is a mutual person
- Anagi Constructions Private Limited
Manoj Mishra is a mutual person
Charges (Loans)
Open Charges
₹2,353.21 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1902.13 Cr
- Uco Bank : 226.40 Cr
- Corporation Bank : 111.00 Cr
- United Bank Of India : 50.00 Cr
- Central Bank Of India : 38.68 Cr
- Others : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2013 | Sberbank | ₹25.00 Cr | Open |
| 02 May 2013 | Corporation Bank | ₹61.00 Cr | Open |
| 22 Mar 2013 | Others | ₹15.00 Cr | Open |
| 01 Jun 2012 | Others | ₹605.00 Cr | Open |
| 09 Apr 2011 | Others | ₹144.05 Cr | Open |
How Many Employees Work at Varrsana Ispat?
Varrsana Ispat has a workforce of 681 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varrsana Ispat, 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 Varrsana Ispat's trajectory.
Rating
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
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 Varrsana Ispat
Recent activity within the organization
- Charges
A charge with Others of Rs. 15.00 Cr registered on 22 Mar 2013 with Charge ID 10412551 was modified on 29 Dec 2020.
- Charges
A charge with Others of Rs. 605.00 Cr registered on 01 Jun 2012 with Charge ID 10359645 was modified on 29 Dec 2020.
- Charges
A charge with Others of Rs. 144.05 Cr registered on 09 Apr 2011 with Charge ID 10283037 was modified on 29 Dec 2020.
- Charges
A charge with Others of Rs. 579.30 Cr registered on 21 Nov 2009 with Charge ID 10187404 was modified on 29 Dec 2020.
- Charges
A charge with Others of Rs. 114.00 Cr registered on 18 Feb 2006 with Charge ID 10000654 was modified on 29 Dec 2020.
- Charges
A charge with Others of Rs. 195.03 Cr registered on 28 Mar 2008 with Charge ID 10190030 was modified on 23 Nov 2020.
Frequently asked questions
What is the Incorporation or founding date of Varrsana Ispat Ltd?
Varrsana Ispat Ltd was incorporated on 01 Mar 2000.
What is authorized share capital and paid-up capital of Varrsana Ispat Ltd?
The authorized share capital of Varrsana Ispat Ltd is ₹ 30.00 Cr and paid-up capital is ₹ 24.85 Cr.
Who are the current board members & directors of Varrsana Ispat Ltd?
Currently 5 directors are associated with Varrsana Ispat Ltd.
- Mahesh Kumar Sureka
- Mukesh Sharma
- Gagandeep Gupta
- Akshay Jhunjhunwala
- Manoj Mishra
What is the registered address of Varrsana Ispat Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Varrsana Ispat Ltd is Everest House 46-C Chowringee Road, 15Th Floor R. N. .15B, Kolkata, West Bengal, India, 700071.
What is the corporate identification number (CIN) and company number of Varrsana Ispat Ltd?
The corporate identification number (CIN) of Varrsana Ispat Ltd is U99999WB2000PLC124804 and the company number is 124804 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varrsana Ispat Ltd?
The Official website of Varrsana Ispat Ltd is https://www.varrsana.com
What has been the recent revenue trend for Varrsana Ispat Ltd?
According to the financial reports for the fiscal year 2019, the revenue trend for Varrsana Ispat Ltd has risen by 16.67%.
How many employees does Varrsana Ispat Ltd currently have?
As Per 2019 financial reports, 681 employees are currently employed by Varrsana Ispat Ltd.
What change has been observed in the net worth of Varrsana Ispat Ltd, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Varrsana Ispat Ltd has experienced an downturn of -234.35%.
What are the total open charges for Varrsana Ispat Ltd?
As per the financial statements for fiscal Year 2019, The total open charges for Varrsana Ispat Ltd amount to ₹ 2,353.21 Cr.
When was the last Balance Sheet of Varrsana Ispat Ltd filed with the ROC?
The most recent Balance Sheet for Varrsana Ispat Ltd was filed with the ROC on 31 Mar 2019.
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