Varshitha Concrete Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.81 Cr
- Company Age 23 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 5.13 Cr
- Revenue Growth 50.21%
- Profit Growth -91.25%
- Ebitda -48.70%
- Net Worth 0.21%
- Total Assets 29.39%
About Varshitha Concrete Technologies
Varshitha Concrete Technologies Private Limited (VCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 2002 and has a history of 23 years and one month. Its registered office is in Rangareddy, Telangana, India.
The Corporate was formerly known as Grassroots Architects & Interior Designers Pvt Ltd. The Company is engaged in the Infrastructure And Utilities 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 2.25 Cr and a paid-up capital of Rs 1.81 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹5.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shaker Vayuvegula and Tanmay Vayuvegula serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210TG2002PTC038473
- Company No.
038473
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Feb 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Infrastructure and Utilities
What products or services does Varshitha Concrete Technologies Private Limited offer?
Varshitha Concrete Technologies Private Limited offers a wide range of products and services, including Testing Services, Non Destructive Testing Services, Building and Flooring Services, Building Repair Services, Drilling, Boring & Mining Services, Drilling Job Work, Building & Real Estate Developers, Demolition Services, Construction Service, Bridge Construction.
Who are the key members and board of directors at Varshitha Concrete Technologies?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tanmay Vayuvegula  | Director | 11-Jan-2018 | Current |
| Shaker Vayuvegula | Director | 11-Jan-2018 | Current |
Financial Performance of Varshitha Concrete Technologies.
Varshitha Concrete Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.21% increase. The company also saw a substantial fall in profitability, with a 91.25% decrease in profit. The company's net worth moved up by a moderate rise of 0.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varshitha Concrete Technologies?
In 2023, Varshitha Concrete Technologies had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vcs Quality Services Private LimitedShaker Vayuvegula and Tanmay Vayuvegula are mutual person
Vcs Project Consultants Private LimitedShaker Vayuvegula and Tanmay Vayuvegula are mutual person
Vcs Global Consultants Private LimitedShaker Vayuvegula and Tanmay Vayuvegula are mutual person
- Visraya Foundation
Shaker Vayuvegula and Tanmay Vayuvegula are mutual person
Charges (Loans)
Open Charges
₹4.00 Cr
Satisfied Charges
₹5.13 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2023 | Others | ₹4.00 Cr | Open |
| 23 Sep 2015 | Syndicate Bank | ₹1.50 Cr | Satisfied |
| 05 Nov 2014 | Bank Of India | ₹0.40 M | Satisfied |
| 19 Feb 2014 | Bank Of India | ₹1.56 Cr | Satisfied |
| 17 Mar 2011 | Syndicate Bank | ₹0.24 M | Satisfied |
How Many Employees Work at Varshitha Concrete Technologies?
Varshitha Concrete Technologies has a workforce of 113 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 Varshitha Concrete Technologies, 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 Varshitha Concrete Technologies'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 Varshitha Concrete Technologies
Recent activity within the organization
- Annual General Meeting
Varshitha Concrete Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Varshitha Concrete Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Others of Rs. 4.00 Cr registered on 02 Feb 2023 with Charge ID 100683297 was modified on 15 Jul 2023.
- Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100683297 was registered on 02 Feb 2023.
- Charges
A charge registered on 23 Sep 2015 via Charge ID 10597051 with Syndicate Bank was fully satisfied on 02 May 2018.
- Director Appointment
Shaker Vayuvegula was appointed as a Director was appointed as a Director on 11 Jan 2018 & has been associated with this company since 7 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Varshitha Concrete Technologies Private Limited?
Varshitha Concrete Technologies Private Limited was incorporated on 08 Feb 2002.
What is authorized share capital and paid-up capital of Varshitha Concrete Technologies Private Limited?
The authorized share capital of Varshitha Concrete Technologies Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.81 Cr.
Who are the current board members & directors of Varshitha Concrete Technologies Private Limited?
Currently 2 directors are associated with Varshitha Concrete Technologies Private Limited.
- Shaker Vayuvegula
- Tanmay Krishna Vayuvegula
What is the registered address of Varshitha Concrete Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varshitha Concrete Technologies Private Limited is Flat No 112 Bhavya'S Sree Arcade Opp Sub Registrar Office, Erragadda India, Hyderabad, Telangana, 500018.
What is the corporate identification number (CIN) and company number of Varshitha Concrete Technologies Private Limited?
The corporate identification number (CIN) of Varshitha Concrete Technologies Private Limited is U74210TG2002PTC038473 and the company number is 038473 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varshitha Concrete Technologies Private Limited?
The Official website of Varshitha Concrete Technologies Private Limited is https://www.varshitha.co
What has been the recent revenue trend for Varshitha Concrete Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Varshitha Concrete Technologies Private Limited has risen by 50.21%.
How many employees does Varshitha Concrete Technologies Private Limited currently have?
As Per 2023 financial reports, 113 employees are currently employed by Varshitha Concrete Technologies Private Limited.
What change has been observed in the net worth of Varshitha Concrete Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Varshitha Concrete Technologies Private Limited has experienced an upsurge of 0.21%.
What are the total open charges for Varshitha Concrete Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Varshitha Concrete Technologies Private Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Varshitha Concrete Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Varshitha Concrete Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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