Varshini Polymers Private Limited

Designs and manufactures polymer storage water tanks and accessories for distribution and sale.

2013 | Kurnool, Andhra Pradesh (India) | Active
Last Updated: December 23, 2024

Varshini Polymers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.02 Cr
  • Revenue Growth -54.01%
  • Profit Growth -644.28%
  • Ebitda -163.03%
  • Net Worth -1537.39%
  • Total Assets -18.65%

About Varshini Polymers

Varshini Polymers Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 November 2013 and has a history of 11 years and two months. Its registered office is in Kurnool, Andhra Pradesh, India.

The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1.02 Cr.

Vanaja Jaayee, Jai Kumar, and Leeladhar Jai serve as directors at the Company.

Company Details

  • Location

    Kurnool, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200AP2013PTC091319

  • Company No.

    091319

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2013

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Machinery and Equipment

Who are the key members and board of directors at Varshini Polymers?

Executive Team (1)

NameDesignationAppointment DateStatus
Leeladhar Jai Country flag representing In Managing Director27-Nov-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Vanaja Jaayee Country flag representing In Director 28-Feb-2018Current
Jai Kumar Country flag representing In Director 28-Feb-2018Current

Financial Performance of Varshini Polymers.

Varshini Polymers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 54.01% decrease. The company also saw a substantial fall in profitability, with a 644.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1537.39%.

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
-54.01%
Revenue from Operations
-52.15%
Total Assets
-18.65%
Profit or Loss
-644.28%
Net Worth
-1537.39%
EBITDA
-163.03%

What is the Ownership and Shareholding Structure of Varshini Polymers?

In 2020, Varshini Polymers 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

₹10.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 0.85 Cr
  • Others : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2016Others₹1.70 MOpen
28 Mar 2014The Karur Vysya Bank Limited₹8.50 MOpen

How Many Employees Work at Varshini Polymers?

Unlock and access historical data on people associated with Varshini Polymers, 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 Varshini Polymers, 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 Varshini Polymers'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 Varshini Polymers

Recent activity within the organization

  • Annual General Meeting

    Varshini Polymers Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Varshini Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.

    31 Mar 2021

  • Director Appointment

    Vanaja Jaayee was appointed as a Director was appointed as a Director on 28 Feb 2018 & has been associated with this company since 6 years 11 months .

    28 Feb 2018

  • Director Appointment

    Jai Siva Kumar was appointed as a Director was appointed as a Director on 28 Feb 2018 & has been associated with this company since 6 years 11 months .

    28 Feb 2018

  • Charges

    A charge with Others amounted to Rs. 1.70 M with Charge ID 100081576 was registered on 31 Aug 2016.

    31 Aug 2016

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 8.50 M with Charge ID 10493985 was registered on 28 Mar 2014.

    28 Mar 2014

Frequently asked questions

  • Varshini Polymers Private Limited was incorporated on 27 Nov 2013.

  • The authorized share capital of Varshini Polymers Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Varshini Polymers Private Limited.

    • Vanaja Jaayee
    • Jai Siva Kumar
    • Leeladhar Jai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varshini Polymers Private Limited is 51/15-A-2 A P S Camp Bellary Road, Shed No: 11 12 India, Kurnool, Andhra Pradesh, 518003.

  • The corporate identification number (CIN) of Varshini Polymers Private Limited is U25200AP2013PTC091319 and the company number is 091319 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varshini Polymers Private Limited has fallen by -54.01%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varshini Polymers Private Limited has experienced an downturn of -1537.39%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Varshini Polymers Private Limited amount to ₹ 1.02 Cr.

  • The most recent Balance Sheet for Varshini Polymers Private Limited was filed with the ROC on 31 Mar 2021.

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