Varsace Apparels Private Limited

Fashion company specializing in women's clothing, including kurtis, leggings, and palazzos.

2014 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 16, 2024

Varsace Apparels Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.28 Cr
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.59 Cr
  • Revenue Growth -49.79%
  • Profit Growth -82.86%
  • Ebitda -64.17%
  • Net Worth 2.42%
  • Total Assets -16.30%

About Varsace Apparels

Varsace Apparels Private Limited (VAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 August 2014 and has a history of Ten years and five months. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.28 Cr.

The company currently has active open charges totaling ₹6.59 Cr.

Ajita Khaitan and Amit Khaitan serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17291WB2014PTC203055

  • Company No.

    203055

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

E-Commerce

What products or services does Varsace Apparels Private Limited offer?

Varsace Apparels Private Limited offers a wide range of products and services, including Ladies Pants, Palazzo Pants, Leggings, Cotton Leggings, Printed Kurti, Painted Ladies Kurtis, Ladies Tops, Fancy Tops, Ladies Suits, Palazzo Suit.

Who are the key members and board of directors at Varsace Apparels?

Board Members (2)

Name Designation Appointment Date Status
Ajita Khaitan Country flag representing In Director 13-Aug-2014 Current
Amit Khaitan Country flag representing In Director 13-Aug-2014 Current

Financial Performance of Varsace Apparels.

Varsace Apparels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.79% decrease. The company also saw a substantial fall in profitability, with a 82.86% decrease in profit. The company's net worth moved up by a moderate rise of 2.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-49.79%
Revenue from Operations
-49.98%
Total Assets
-16.30%
Profit or Loss
-82.86%
Net Worth
2.42%
EBITDA
-64.17%

What is the Ownership and Shareholding Structure of Varsace Apparels?

In 2023, Varsace Apparels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.59 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 6.47 Cr
  • Others : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2017 Others ₹1.20 M Open
31 Mar 2015 Indian Bank ₹6.47 Cr Open

How Many Employees Work at Varsace Apparels?

Varsace Apparels has a workforce of 1 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsace Apparels, 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 Varsace Apparels's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Varsace Apparels

Recent activity within the organization

  • Annual General Meeting

    Varsace Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varsace Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Indian Bank of Rs. 6.47 Cr registered on 31 Mar 2015 with Charge ID 10570387 was modified on 31 Oct 2023.

    31 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100113591 was registered on 28 Jun 2017.

    28 Jun 2017

  • Charges

    A charge with Indian Bank amounted to Rs. 6.47 Cr with Charge ID 10570387 was registered on 31 Mar 2015.

    31 Mar 2015

  • Director Appointment

    Ajita Khaitan was appointed as a Director was appointed as a Director on 13 Aug 2014 & has been associated with this company since 10 years 5 months .

    13 Aug 2014

Frequently asked questions

  • Varsace Apparels Private Limited was incorporated on 13 Aug 2014.

  • The authorized share capital of Varsace Apparels Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.28 Cr.

  • Currently 2 directors are associated with Varsace Apparels Private Limited.

    • Ajita Khaitan
    • Amit Khaitan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varsace Apparels Private Limited is Regent Garment Apparel Park Block-2 Unit No-101 Jessore Road(E) Po-Bamangachhi Barasat, 2 4 Pgns(N) India, Kolkata, West Bengal, 700124.

  • The corporate identification number (CIN) of Varsace Apparels Private Limited is U17291WB2014PTC203055 and the company number is 203055 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varsace Apparels Private Limited is https://www.femigo.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varsace Apparels Private Limited has fallen by -49.79%.

  • As Per 2023 financial reports, 1 employees are currently employed by Varsace Apparels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varsace Apparels Private Limited has experienced an upsurge of 2.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varsace Apparels Private Limited amount to ₹ 6.59 Cr.

  • The most recent Balance Sheet for Varsace Apparels Private Limited was filed with the ROC on 31 Mar 2024.