Vars Builders Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.50 M
- Company Age 33 Year, 4 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 four 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
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
| Metrics |
| (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 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.
Related Corporates (Common Directorship)
3K Healthcare Private LimitedVenumbaka Reddy is a mutual person
Olive Vars Hospitality LlpVenumbaka Reddy and Siddarth Reddy are mutual person
- Vvk Minerals Llp
Venumbaka Reddy and Siddarth Reddy are mutual person
- Lions India Education Promotion Council
Venumbaka Reddy is a mutual person
- Forza Advisory Services Private Limited
Siddarth Reddy is a mutual person
Charges (Loans)
₹230.40 M
₹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
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.