Varsha Agri Business Centre For Development Profile
Key Indicators
- Authorised Capital ₹ 42.50 Cr
as on 18-06-2024
- Paid Up Capital ₹ 42.50 Cr
as on 18-06-2024
- Company Age 6 Year, 11 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 39.44 Cr
as on 18-06-2024
- Satisfied Charges ₹ 5.50 Cr
as on 18-06-2024
- Revenue 41.66%
(FY 2021)
- Profit -34.10%
(FY 2021)
- Ebitda 84.24%
(FY 2021)
- Net Worth 277.31%
(FY 2021)
- Total Assets 69.35%
(FY 2021)
About Varsha Agri Business Centre For Development
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 42.50 Cr and a paid-up capital of Rs 42.50 Cr.
The company currently has active open charges totaling ₹39.44 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jagalur Shivananda, Prabhanna Pavan, Shankarappa, and Two other members serve as directors at the Company.
- CIN/LLPIN
U01100KA2018PLC109254
- Company No.
109254
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jan 2018
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Davangere, Karnataka, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Varsha Agri Business Centre For Development?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagalur Shivananda  | Additional Director | 03-Apr-2023 | Current |
| Prabhanna Pavan | Additional Director | 03-Apr-2023 | Current |
| Shankarappa | Additional Director | 13-Mar-2023 | Current |
| Pallavi Raju | Additional Director | 04-Jan-2021 | Current |
| Sanikere Raju | Director | 05-Jan-2018 | Current |
Financial Performance of Varsha Agri Business Centre For Development.
Varsha Agri Business Centre For Development Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 41.66% increase. The company also saw a substantial fall in profitability, with a 34.1% decrease in profit. The company's net worth Soared by an impressive increase of 277.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Varsha Agri Business Centre For Development?
In 2021, Varsha Agri Business Centre For Development had a promoter holding of 54.81% and a public holding of 45.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nunki Malesiddeshwara (Nms) Producer Company LimitedActive 7 years 1 monthSanikere Raju is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 05 Jan 2022 | ₹37.00 Cr | Open |
Karnataka Bank Ltd. Creation Date: 29 Dec 2021 | ₹2.44 Cr | Open |
Others Creation Date: 26 Mar 2018 | ₹2.50 Cr | Satisfied |
How Many Employees Work at Varsha Agri Business Centre For Development?
Varsha Agri Business Centre For Development has a workforce of 122 employees as of Apr 09, 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 Varsha Agri Business Centre For Development, 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 Varsha Agri Business Centre For Development'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.
