Varshit Electricals Private Limited

Provides civil engineering services, trades lighting articles, and offers technical consulting for control panels and electrical goods.

1995 | Jaipur, Rajasthan (India) | Active
Last Updated:

Varshit Electricals Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.85 Cr
  • Satisfied Charges ₹ 1.90 Cr
  • Revenue Growth -33.67%
  • Profit Growth 45.33%
  • Ebitda 50.18%
  • Net Worth -22.01%
  • Total Assets 0.17%

About Varshit Electricals

Varshit Electricals Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 1995 and has a history of 29 years and seven months. Its registered office is in Jaipur, Rajasthan.

The Company is engaged in the Consumer Electronics & Durables 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 0.30 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹1.85 Cr. The company has closed loans amounting to ₹1.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishnu Dusad and Sangeeta Dusad serve as directors at the Company.

Company Details

  • Location Jaipur, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909RJ1995PTC010744

  • Company No.

    010744

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Consumer Electronics & Durables
Real Estate and Construction
Business Outsourcing
Company report

Varshit Electricals Private Limited

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

Who are the key members and board of directors at Varshit Electricals?

Board Members (2)

NameDesignationAppointment DateStatus
Vishnu Dusad Country flag representing In Director 01-Apr-2010Current
Sangeeta Dusad Country flag representing In Director 20-Sep-1995Current

Financial Performance of Varshit Electricals.

Varshit Electricals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.67% decrease. The company also saw a substantial improvement in profitability, with a 45.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 22.01%.

Varshit Electricals revenue growth over time
Varshit Electricals 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
-33.67%
Revenue from Operations
-30.89%
Total Assets
0.17%
Profit or Loss
45.33%
Net Worth
-22.01%
EBITDA
50.18%

What is the Ownership and Shareholding Structure of Varshit Electricals?

Unlock access to Varshit Electricals's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.50 M

Satisfied Charges

₹19.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.85 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2017Axis Bank Limited₹1.85 CrOpen
13 Jul 2012Axis Bank Limited₹9.00 MSatisfied
25 Mar 2006Bank Of Baroda₹9.00 MSatisfied
26 Oct 2005State Bank Of Bikaner And Jaipur₹0.00Satisfied
26 Oct 2005State Bank Of Bikaner & Jaipur₹1.00 MSatisfied

How Many Employees Work at Varshit Electricals?

Varshit Electricals has a workforce of 22 employees as of Mar 30, 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 Varshit Electricals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varshit Electricals, 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 Varshit Electricals'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 Varshit Electricals

Recent activity within the organization

  • Annual General Meeting

    Varshit Electricals 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. 18.50 M registered on 30 Jun 2017 with Charge ID 100120481 was modified on 21 Aug 2024.

  • Balance Sheet

    Varshit Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

  • Charges

    A charge registered on 25 Mar 2006 via Charge ID 10001205 with Bank Of Baroda was fully satisfied on 16 May 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 18.50 M with Charge ID 100120481 was registered on 30 Jun 2017.

  • Charges

    A charge registered on 26 Oct 2005 via Charge ID 90259208 with State Bank Of Bikaner & Jaipur was fully satisfied on 29 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Varshit Electricals Private Limited?

    Varshit Electricals Private Limited was incorporated on 20 Sep 1995.

  • What is authorized share capital and paid-up capital of Varshit Electricals Private Limited?

    The authorized share capital of Varshit Electricals Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.30 M.

  • Who are the current board members & directors of Varshit Electricals Private Limited?

    Currently 2 directors are associated with Varshit Electricals Private Limited.

    • Vishnu Dusad
    • Sangeeta Dusad

  • What is the registered address of Varshit Electricals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varshit Electricals Private Limited is 435 Vidyut Nagar-A Ajmer Road, India, Jaipur, Rajasthan.

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

    The corporate identification number (CIN) of Varshit Electricals Private Limited is U31909RJ1995PTC010744 and the company number is 010744 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varshit Electricals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varshit Electricals Private Limited has fallen by -33.67%.

  • How many employees does Varshit Electricals Private Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Varshit Electricals Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varshit Electricals Private Limited has experienced an downturn of -22.01%.

  • What are the total open charges for Varshit Electricals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varshit Electricals Private Limited amount to ₹ 1.85 Cr.

  • When was the last Balance Sheet of Varshit Electricals Private Limited filed with the ROC?

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

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