Varrsana Ispat Ltd logo

Varrsana Ispat Ltd

Manufacturer of steel products, including transmission line towers, TMT bars, and structural steel.
2000 | Kolkata, West Bengal (India) | Under Liquidation

Last Updated:

May 02, 2024
HomeCompanyVarrsana Ispat Ltd

Who are the key members and board of directors at Varrsana Ispat?

Executive Team (2)

NameDesignationAppointment DateStatus
Mukesh SharmaCFO15-Jun-2015Current
Gagandeep GuptaCompany Secretary20-Jul-2019Current

Board Members(3)

NameDesignationAppointment DateStatus
Mahesh Sureka In Director 26-Jul-2005Current
Akshay Jhunjhunwala In Whole-Time Director 22-Dec-2012Current
Manoj Mishra In Director 26-Jul-2005Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.67%
Revenue from Operations
17.09%
Total Assets
0.38%
Profit or Loss
-94.72%
Net Worth
-234.35%
EBITDA
-101.95%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2,353.21 Cr

LenderAmountStatus

Sberbank

Creation Date: 13 Dec 2013
₹25.00 CrOpen

Corporation Bank

Creation Date: 02 May 2013
₹61.00 CrOpen

Others

Creation Date: 22 Mar 2013
₹15.00 CrOpen

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.

Employee Graph

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Rating

Alerts

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.

    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.

    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.

    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.

    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.

    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.

    23 Nov 2020

Frequently asked questions

  • Varrsana Ispat Ltd was incorporated on 01 Mar 2000.

  • The authorized share capital of Varrsana Ispat Ltd is ₹ 30.00 Cr and paid-up capital is ₹ 24.85 Cr.

  • Currently 5 directors are associated with Varrsana Ispat Ltd.

    • Mahesh Kumar Sureka
    • Mukesh Sharma
    • Gagandeep Gupta
    • Akshay Jhunjhunwala
    • Manoj Mishra
  • 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.

  • The corporate identification number (CIN) of Varrsana Ispat Ltd is U99999WB2000PLC124804 and the company number is 124804 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varrsana Ispat Ltd is https://www.varrsana.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Varrsana Ispat Ltd has risen by 16.67%.

  • As Per 2019 financial reports, 681 employees are currently employed by Varrsana Ispat Ltd.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Varrsana Ispat Ltd has experienced an downturn of -234.35%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Varrsana Ispat Ltd amount to ₹ 2,353.21 Cr.

  • The most recent Balance Sheet for Varrsana Ispat Ltd was filed with the ROC on 31 Mar 2019.

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