Vars Builders Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.50 M
- Company Age 33 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.04 Cr
- Satisfied Charges ₹ 13.98 Cr
- Revenue Growth 28.60%
- Profit Growth 140.52%
- Ebitda 181.01%
- Net Worth 10.14%
- Total Assets -61.76%
About Vars Builders
Vars Builders Private Limited (VBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 1991 and has a history of 33 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Real Estate And Construction 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 5.00 M and a paid-up capital of Rs 4.50 M.
The company currently has active open charges totaling ₹23.04 Cr. The company has closed loans amounting to ₹13.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venumbaka Reddy, Venkata Gowri, and Siddarth Reddy serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1991PTC012319
- Company No.
012319
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Real Estate and Construction
What products or services does Vars Builders Private Limited offer?
Vars Builders Private Limited offers a wide range of products and services, including Construction Service, Residential Construction Projects, Building & Real Estate Developers, Commercial Construction Service, Real Estate Services.
Who are the key members and board of directors at Vars Builders?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddarth Reddy  | Director | 01-Feb-2007 | Current |
| Venumbaka Reddy | Director | 08-Dec-1995 | Current |
| Venkata Gowri | Director | 26-Nov-2002 | Current |
Financial Performance of Vars Builders.
Vars Builders Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.6% increase. The company also saw a substantial improvement in profitability, with a 140.52% increase in profit. The company's net worth Soared by an impressive increase of 10.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vars Builders?
Unlock access to Vars Builders'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.
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Siddarth Reddy is a mutual person
Charges (Loans)
Open Charges
₹230.40 M
Satisfied Charges
₹139.83 M
Charges Breakdown by Lending Institutions
- Others : 23.00 Cr
- Anz Grindlays Bank : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2017 | Others | ₹23.00 Cr | Open |
| 19 Jun 1996 | Anz Grindlays Bank | ₹0.40 M | Open |
| 17 Mar 2017 | Others | ₹3.00 Cr | Satisfied |
| 04 Feb 2013 | Karnataka Bank Ltd. | ₹1.87 Cr | Satisfied |
| 04 Feb 2013 | Karnataka Bank Ltd. | ₹1.10 Cr | Satisfied |
How Many Employees Work at Vars Builders?
Unlock and access historical data on people associated with Vars Builders, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vars Builders, 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 Vars Builders'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
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Latest Updates, News, and FAQs on Vars Builders
Recent activity within the organization
- Annual General Meeting
Vars Builders Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Vars Builders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge registered on 24 May 2012 via Charge ID 10362908 with Karnataka Bank Limited was fully satisfied on 29 Jul 2022.
- Charges
A charge registered on 17 Mar 2017 via Charge ID 100098560 with Others was fully satisfied on 16 May 2020.
- Charges
A charge with Others amounted to Rs. 230.00 M with Charge ID 100098548 was registered on 17 Mar 2017.
- Charges
A charge with Others amounted to Rs. 30.00 M with Charge ID 100098560 was registered on 17 Mar 2017.
Frequently asked questions
What is the Incorporation or founding date of Vars Builders Private Limited?
Vars Builders Private Limited was incorporated on 16 Sep 1991.
What is authorized share capital and paid-up capital of Vars Builders Private Limited?
The authorized share capital of Vars Builders Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.
Who are the current board members & directors of Vars Builders Private Limited?
Currently 3 directors are associated with Vars Builders Private Limited.
- Venumbaka Venkata Krishna Reddy
- Venkata Venumbaka Gowri
- Siddarth Venumbaka Reddy
What is the registered address of Vars Builders Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vars Builders Private Limited is No.420 1St Cross, 9Th Main Hal 2Nd Stage India, Bangalore, Karnataka, 560038.
What is the corporate identification number (CIN) and company number of Vars Builders Private Limited?
The corporate identification number (CIN) of Vars Builders Private Limited is U85110KA1991PTC012319 and the company number is 012319 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vars Builders Private Limited?
The Official website of Vars Builders Private Limited is https://www.varsbuilders.com
What has been the recent revenue trend for Vars Builders Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vars Builders Private Limited has risen by 28.60%.
What change has been observed in the net worth of Vars Builders Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vars Builders Private Limited has experienced an upsurge of 10.14%.
What are the total open charges for Vars Builders Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vars Builders Private Limited amount to ₹ 23.04 Cr.
When was the last Balance Sheet of Vars Builders Private Limited filed with the ROC?
The most recent Balance Sheet for Vars Builders Private Limited was filed with the ROC on 31 Mar 2023.