Varsha Agri Business Centre For Development Profile
Key Indicators
- Authorised Capital ₹ 42.50 Cr
- Paid Up Capital ₹ 42.50 Cr
- Company Age 7 Year, 1 Month
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 39.44 Cr
- Satisfied Charges ₹ 5.50 Cr
- Revenue Growth 41.66%
- Profit Growth -34.10%
- Ebitda 84.24%
- Net Worth 277.31%
- Total Assets 69.35%
About Varsha Agri Business Centre For Development
Varsha Agri Business Centre For Development Limited (VABCFDL) is a Public Limited Indian Non-Government Company incorporated in India on 05 January 2018 (Seven years and one month 27 days old ). Its registered office is in Davangere, Karnataka, India.
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.
Sanikere Raju, Pallavi Raju, Shankarappa, and Two other members serve as directors at the Company.
Company Details
- Location
Davangere, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Financial Services
Who are the key members and board of directors at Varsha Agri Business Centre For Development?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanikere Raju  | Director | 05-Jan-2018 | Current |
| Pallavi Raju | Additional Director | 04-Jan-2021 | Current |
| Shankarappa | Additional Director | 13-Mar-2023 | Current |
| Prabhanna Pavan | Additional Director | 03-Apr-2023 | Current |
| Jagalur Shivananda | Additional Director | 03-Apr-2023 | 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
- Ratios
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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)
Chetana Power Private LimitedSanikere Raju is a mutual person
- Nunki Malesiddeshwara (Nms) Producer Company Limited
Sanikere Raju is a mutual person
- Vau Technovations Limited
Sanikere Raju is a mutual person
Charges (Loans)
Open Charges
₹39.44 Cr
Satisfied Charges
₹5.50 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 39.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2022 | Karnataka Bank Ltd. | ₹37.00 Cr | Open |
| 29 Dec 2021 | Karnataka Bank Ltd. | ₹2.44 Cr | Open |
| 26 Mar 2018 | Others | ₹2.50 Cr | Satisfied |
| 14 Mar 2018 | Others | ₹3.00 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.
Latest Updates, News, and FAQs on Varsha Agri Business Centre For Development
Recent activity within the organization
- Director Appointment
Prabhanna Pavan was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Jagalur Maheshwarappa Shivananda was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Shankarappa was appointed as a Additional Director was appointed as a Additional Director on 13 Mar 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 37.00 Cr with Charge ID 100557958 was registered on 05 Jan 2022.
- Charges
A charge registered on 26 Mar 2018 via Charge ID 100171503 with Others was fully satisfied on 30 Dec 2021.
- Charges
A charge registered on 14 Mar 2018 via Charge ID 100171507 with Others was fully satisfied on 30 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Varsha Agri Business Centre For Development Limited?
Varsha Agri Business Centre For Development Limited was incorporated on 05 Jan 2018.
What is authorized share capital and paid-up capital of Varsha Agri Business Centre For Development Limited?
The authorized share capital of Varsha Agri Business Centre For Development Limited is ₹ 42.50 Cr and paid-up capital is ₹ 42.50 Cr.
Who are the current board members & directors of Varsha Agri Business Centre For Development Limited?
Currently 5 directors are associated with Varsha Agri Business Centre For Development Limited.
- Sanikere Veerabhadrappa Raju
- Pallavi Raju
- Shankarappa
- Prabhanna Pavan
- Jagalur Maheshwarappa Shivananda
What is the registered address of Varsha Agri Business Centre For Development Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Agri Business Centre For Development Limited is Khata No. 2238, Mrutyunjaya Compound V P Extension India, Chitradurga, Karnataka, 577501.
What is the corporate identification number (CIN) and company number of Varsha Agri Business Centre For Development Limited?
The corporate identification number (CIN) of Varsha Agri Business Centre For Development Limited is U01100KA2018PLC109254 and the company number is 109254 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varsha Agri Business Centre For Development Limited?
The Official website of Varsha Agri Business Centre For Development Limited is https://www.varshaagro.com
What has been the recent revenue trend for Varsha Agri Business Centre For Development Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Varsha Agri Business Centre For Development Limited has risen by 41.66%.
How many employees does Varsha Agri Business Centre For Development Limited currently have?
As Per 2021 financial reports, 122 employees are currently employed by Varsha Agri Business Centre For Development Limited.
What change has been observed in the net worth of Varsha Agri Business Centre For Development Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Varsha Agri Business Centre For Development Limited has experienced an upsurge of 277.31%.
What are the total open charges for Varsha Agri Business Centre For Development Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Varsha Agri Business Centre For Development Limited amount to ₹ 39.44 Cr.
When was the last Balance Sheet of Varsha Agri Business Centre For Development Limited filed with the ROC?
The most recent Balance Sheet for Varsha Agri Business Centre For Development Limited was filed with the ROC on 31 Mar 2021.
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