Varsha Refractories Private Limited

Manufacturer of refractory materials, offering services for lining, coating, and repairs to various industries.

1999 | Thane, Maharashtra (India) | Active
Last Updated:

Varsha Refractories Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.61 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth 75.39%
  • Profit Growth 89.28%
  • Ebitda 105.12%
  • Net Worth 34.56%
  • Total Assets 34.93%

About Varsha Refractories

Varsha Refractories Private Limited (VRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1999 and has a history of 25 years and six months. Its registered office is in Thane, Maharashtra, 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 2.00 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹9.61 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Prakash Mehta, Bhavesh Mehta, and Nilesh Mehta serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1999PTC122008

  • Company No.

    122008

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Varsha Refractories Private Limited offer?

Varsha Refractories Private Limited offers a wide range of products and services, including Block, Insulation Blocks, Felt, Fibers, Ceramic Fiber Bulk, Fire Bricks, High Alumina Brick, High Alumina Fire Brick, Refractory Castables, Magnesia Brick.

Company report

Varsha Refractories Private Limited

Explore comprehensive data for Varsha Refractories Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Bhavesh Mehta Country flag representing In Director 30-Sep-1999Current
Prakash Mehta Country flag representing In Director 30-Sep-1999Current
Nilesh Mehta Country flag representing In Director 04-Dec-2007Current

Financial Performance of Varsha Refractories.

Varsha Refractories Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 75.39% increase. The company also saw a substantial improvement in profitability, with a 89.28% increase in profit. The company's net worth Soared by an impressive increase of 34.56%.

Varsha Refractories revenue growth over time
Varsha Refractories 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
75.39%
Revenue from Operations
75.86%
Total Assets
34.93%
Profit or Loss
89.28%
Net Worth
34.56%
EBITDA
105.12%

What is the Ownership and Shareholding Structure of Varsha Refractories?

In 2023, Varsha Refractories had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.10 M

Satisfied Charges

₹6.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 9.61 Cr

Latest Charge Details

DateLenderAmountStatus
23 May 2023Axis Bank Limited₹7.86 CrOpen
06 Jan 2022Axis Bank Limited₹1.75 CrOpen
29 Jan 2016Others₹4.50 MSatisfied
31 Mar 2000Dena Bank₹1.50 MSatisfied

How Many Employees Work at Varsha Refractories?

Varsha Refractories has a workforce of 16 employees as of Apr 04, 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.

Employee growth trends for Varsha Refractories Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Varsha Refractories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 78.60 M registered on 23 May 2023 with Charge ID 100741464 was modified on 02 Sep 2024.

  • Balance Sheet

    Varsha Refractories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 78.60 M with Charge ID 100741464 was registered on 23 May 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.50 M with Charge ID 100521492 was registered on 06 Jan 2022.

  • Charges

    A charge registered on 29 Jan 2016 via Charge ID 100056644 with Others was fully satisfied on 23 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Varsha Refractories Private Limited?

    Varsha Refractories Private Limited was incorporated on 30 Sep 1999.

  • What is authorized share capital and paid-up capital of Varsha Refractories Private Limited?

    The authorized share capital of Varsha Refractories Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.14 M.

  • Who are the current board members & directors of Varsha Refractories Private Limited?

    Currently 3 directors are associated with Varsha Refractories Private Limited.

    • Prakash Anantrai Mehta
    • Bhavesh Anantrai Mehta
    • Nilesh Anantrai Mehta

  • What is the registered address of Varsha Refractories Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Refractories Private Limited is 203-206 Krishna Complex Vallipir Road Next To Shree Devi Hospital Bhanu Sagar Talkies India, Kalyan West, Maharashtra, 421301.

  • What is the corporate identification number (CIN) and company number of Varsha Refractories Private Limited?

    The corporate identification number (CIN) of Varsha Refractories Private Limited is U51900MH1999PTC122008 and the company number is 122008 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varsha Refractories Private Limited?

    The Official website of Varsha Refractories Private Limited is https://www.varsharefractories.com

  • What has been the recent revenue trend for Varsha Refractories Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varsha Refractories Private Limited has risen by 75.39%.

  • How many employees does Varsha Refractories Private Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Varsha Refractories Private Limited.

  • What change has been observed in the net worth of Varsha Refractories Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varsha Refractories Private Limited has experienced an upsurge of 34.56%.

  • What are the total open charges for Varsha Refractories Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varsha Refractories Private Limited amount to ₹ 9.61 Cr.

  • When was the last Balance Sheet of Varsha Refractories Private Limited filed with the ROC?

    The most recent Balance Sheet for Varsha Refractories Private Limited was filed with the ROC on 31 Mar 2024.

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