Varsha Cables Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.11 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 155.33%
- Profit Growth 271.06%
- Ebitda 138.23%
- Net Worth 40.12%
- Total Assets 69.97%
About Varsha Cables
Varsha Cables Private Limited (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 1995 and has a history of 29 years and eight months. Its registered office is in Mysore, Karnataka, India.
The Company is engaged in the Manufacturing 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 6.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹33.11 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Puttaraju Gowda, Jagruti Gowda, and Kale Gowda serve as directors at the Company.
Company Details
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Location
Mysore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U85110KA1995PTC017778
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Company No.
017778
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 May 1995
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Date of AGM
25 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Varsha Cables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Puttaraju Gowda
|
Managing Director | 08-May-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Jagruti Gowda
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Director | 23-May-2011 | Current |
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Kale Gowda
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Director | 01-Dec-2017 | Current |
Financial Performance of Varsha Cables.
Varsha Cables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 155.33% increase. The company also saw a substantial improvement in profitability, with a 271.06% increase in profit. The company's net worth Soared by an impressive increase of 40.12%.
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What is the Ownership and Shareholding Structure of Varsha Cables?
In 2023, Varsha Cables had a promoter holding of 99.71% and a public holding of 0.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹33.11 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 30.61 Cr
- Others : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2023 | Others | ₹2.50 Cr | Open |
| 17 Nov 1995 | State Bank Of India | ₹30.61 Cr | Open |
| 17 Mar 2016 | Others | ₹7.00 M | Satisfied |
| 09 Nov 2012 | State Bank Of Mysore | ₹2.00 Cr | Satisfied |
| 06 Mar 1996 | K.S.F.C. | ₹0.54 M | Satisfied |
How Many Employees Work at Varsha Cables?
Varsha Cables has a workforce of 40 employees as of Apr 07, 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 Cables, 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 Cables'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.
