Varsha Cables Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.61 Cr
- Satisfied Charges ₹ 5.50 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 ten 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 2024. 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 ₹30.61 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Puttaraju Gowda, Kale Gowda, and Jagruti Gowda serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1995PTC017778
- Company No.
017778
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 1995
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Varsha Cables Private Limited
Explore comprehensive data for Varsha Cables Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Kale Gowda | Director | 01-Dec-2017 | Current |
| Jagruti Gowda | Director | 23-May-2011 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹30.61 Cr
Satisfied Charges
₹5.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 30.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 1995 | State Bank Of India | ₹30.61 Cr | Open |
| 26 Sep 2023 | Others | ₹2.50 Cr | Satisfied |
| 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.
Latest Updates, News, and FAQs on Varsha Cables
Recent activity within the organization
- Charges
A charge registered on 26 Sep 2023 via Charge ID 100890075 with Others was fully satisfied on 17 Dec 2024.
- Annual General Meeting
Varsha Cables Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 30.61 Cr registered on 17 Nov 1995 with Charge ID 80022224 was modified on 21 May 2024.
- Balance Sheet
Varsha Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100890075 was registered on 26 Sep 2023.
- Charges
A charge registered on 17 Mar 2016 via Charge ID 100031650 with Others was fully satisfied on 10 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Varsha Cables Private Limited?
Varsha Cables Private Limited was incorporated on 08 May 1995.
What is authorized share capital and paid-up capital of Varsha Cables Private Limited?
The authorized share capital of Varsha Cables Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Varsha Cables Private Limited?
Currently 3 directors are associated with Varsha Cables Private Limited.
- Puttaraju Puttaswami Gowda
- Kale Raje Gowda
- Jagruti Puttaraju Gowda
What is the registered address of Varsha Cables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Cables Private Limited is No. 344, Hebbal Industrial Area India, Mysore, Karnataka, 570016.
What is the corporate identification number (CIN) and company number of Varsha Cables Private Limited?
The corporate identification number (CIN) of Varsha Cables Private Limited is U85110KA1995PTC017778 and the company number is 017778 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varsha Cables Private Limited?
The Official website of Varsha Cables Private Limited is https://www.varshacables.org
What has been the recent revenue trend for Varsha Cables Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Varsha Cables Private Limited has risen by 155.33%.
How many employees does Varsha Cables Private Limited currently have?
As Per 2023 financial reports, 40 employees are currently employed by Varsha Cables Private Limited.
What change has been observed in the net worth of Varsha Cables Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Varsha Cables Private Limited has experienced an upsurge of 40.12%.
What are the total open charges for Varsha Cables Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Varsha Cables Private Limited amount to ₹ 30.61 Cr.
When was the last Balance Sheet of Varsha Cables Private Limited filed with the ROC?
The most recent Balance Sheet for Varsha Cables Private Limited was filed with the ROC on 31 Mar 2024.
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