Varsa Plastic Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 18-06-2024
- Paid Up Capital ₹ 2.80 Cr
as on 18-06-2024
- Company Age 22 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 91.66 Cr
as on 18-06-2024
- Satisfied Charges ₹ 106.49 Cr
as on 18-06-2024
- Revenue -4.02%
(FY 2023)
- Profit 29.03%
(FY 2023)
- Ebitda 77.82%
(FY 2023)
- Net Worth 13.29%
(FY 2023)
- Total Assets -3.99%
(FY 2023)
About Varsa Plastic Industries
The Company is engaged in the Fmcg 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 Cr and a paid-up capital of Rs 2.80 Cr.
The company currently has active open charges totaling ₹91.66 Cr. The company has closed loans amounting to ₹106.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sachin Vaidya, Ramesh Vaidya, and Smita Vaidya serve as directors at the Company.
- CIN/LLPIN
U25200MH2002PTC137777
- Company No.
137777
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Nov 2002
- Date of AGM
03 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Varsa Plastic Industries Private Limited offer?
Varsa Plastic Industries Private Limited offers a wide range of products and services, including Household Accessories, Household Plastic, PET Granules & Plastic Raw Material, PP Granules, Dinnerware and Serving Utensils, Serving Sets, Bamboo Furniture.
Who are the key members and board of directors at Varsa Plastic Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Vaidya  | Managing Director | 01-Nov-2002 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Vaidya | Director | 01-Nov-2002 | Current |
| Smita Vaidya | Director | 01-Nov-2002 | Current |
Financial Performance of Varsa Plastic Industries.
Varsa Plastic Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.02% decrease. The company also saw a substantial improvement in profitability, with a 29.03% increase in profit. The company's net worth Soared by an impressive increase of 13.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varsa Plastic Industries?
In 2023, Varsa Plastic Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Yash Precision Plastics Private LimitedActive 20 years 10 monthsSachin Vaidya, Ramesh Vaidya and 1 more are mutual person
Smitshilp Plastic Industries Private LimitedActive 33 years 24 daysSachin Vaidya, Ramesh Vaidya and 1 more are mutual person
Shubhra Plastics Private LimitedActive 21 years 12 daysSachin Vaidya, Ramesh Vaidya and 1 more are mutual person
Precision Plastic Engineering Private LimitedActive 25 years 3 monthsSachin Vaidya, Ramesh Vaidya and 1 more are mutual person
- R-Vision Plastic Industries Private LimitedActive 36 years 4 months
Sachin Vaidya, Ramesh Vaidya and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 16 Jan 2019 | ₹48.66 Cr | Open |
Others Creation Date: 07 Dec 2015 | ₹43.00 Cr | Open |
Others Creation Date: 30 Mar 2022 | ₹2.94 Cr | Satisfied |
How Many Employees Work at Varsa Plastic Industries?
Varsa Plastic Industries has a workforce of 44 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 Varsa Plastic Industries, 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 Varsa Plastic Industries'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.
