Varsha Promoters Private Limited

Develops and manages properties for residential and commercial use.

1996 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 20, 2024

Varsha Promoters Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 29 Year, 3 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.25 Cr
  • Satisfied Charges ₹ 291.20 Cr
  • Revenue Growth %
  • Profit Growth -561.16%
  • Ebitda -1063.60%
  • Net Worth -21.45%
  • Total Assets -4.48%

About Varsha Promoters

Varsha Promoters Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 January 1996 and has a history of 29 years. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Automotive 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 0.20 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹56.25 Cr. The company has closed loans amounting to ₹291.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prabhu Vallurupalli, Lakshmi Vallurupalli, Janaki Adusumalli, and One other member serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102AP1996PTC023021

  • Company No.

    023021

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Automotive

Who are the key members and board of directors at Varsha Promoters?

Board Members (4)

Name Designation Appointment Date Status
Narasimha Penmetsa Country flag representing In Director 30-Oct-2023 Current
Janaki Adusumalli Country flag representing In Director 29-Jan-1996 Current
Prabhu Vallurupalli Country flag representing In Director 29-Jan-1996 Current
Lakshmi Vallurupalli Country flag representing In Director 29-Jan-1996 Current

Financial Performance of Varsha Promoters.

Varsha Promoters Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 561.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.45%.

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
Revenue from Operations
Total Assets
-4.48%
Profit or Loss
-561.16%
Net Worth
-21.45%
EBITDA
-1063.60%

What is the Ownership and Shareholding Structure of Varsha Promoters?

In 2022, Varsha Promoters 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

₹562.50 M

Satisfied Charges

₹2,912.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 56.25 Cr

Latest Charge Details

Date Lender Amount Status
12 Jul 2013 Hdfc Bank Limited ₹56.25 Cr Open
02 Dec 2021 Axis Bank Limited ₹169.00 Cr Satisfied
05 Aug 2008 Bank Of Baroda ₹93.80 Cr Satisfied
28 Aug 1996 Bank Of Baroda ₹27.00 Cr Satisfied
28 Aug 1996 Bank Of Baroda ₹1.40 Cr Satisfied

How Many Employees Work at Varsha Promoters?

Unlock and access historical data on people associated with Varsha Promoters, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsha Promoters, 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 Promoters'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 Varsha Promoters

Recent activity within the organization

  • Charges

    A charge registered on 02 Dec 2021 via Charge ID 100543839 with Axis Bank Limited was fully satisfied on 20 Feb 2024.

    20 Feb 2024

  • Director Appointment

    Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as a Director was appointed as a Director on 30 Oct 2023 & has been associated with this company since 1 year 3 months .

    30 Oct 2023

  • Annual General Meeting

    Varsha Promoters Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varsha Promoters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 05 Aug 2008 via Charge ID 10118766 with Bank Of Baroda was fully satisfied on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge registered on 28 Aug 1996 via Charge ID 90259728 with Bank Of Baroda was fully satisfied on 25 Jul 2022.

    25 Jul 2022

Frequently asked questions

  • Varsha Promoters Private Limited was incorporated on 29 Jan 1996.

  • The authorized share capital of Varsha Promoters Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Varsha Promoters Private Limited.

    • Prabhu Kishore Vallurupalli
    • Lakshmi Kishore Vallurupalli
    • Janaki Ram Adusumalli
    • Narasimha Durga Harinadha Ranga Raju Penmetsa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Promoters Private Limited is 10-50-22/1, Siripuram Junction Visakhapatnam India, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Varsha Promoters Private Limited is U70102AP1996PTC023021 and the company number is 023021 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varsha Promoters Private Limited has experienced an downturn of -21.45%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varsha Promoters Private Limited amount to ₹ 56.25 Cr.

  • The most recent Balance Sheet for Varsha Promoters Private Limited was filed with the ROC on 31 Mar 2023.