Varsity Instruments Private Limited

Designing, manufacturing, and testing cable harnesses for defense and aerospace sectors.

1993 | Rangareddy, Telangana (India) | Active
Last Updated:

Varsity Instruments Profile

Key Indicators

  • Authorised Capital ₹ 32.50 Cr
  • Paid Up Capital ₹ 31.44 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 1.20 M
  • Satisfied Charges ₹ 37.48 Cr
  • Revenue Growth 29.80%
  • Profit Growth 119.56%
  • Ebitda 136.56%
  • Net Worth 2.99%
  • Total Assets -3.14%

About Varsity Instruments

Varsity Instruments Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 July 1993 and has a history of 31 years and eight months. Its registered office is in Rangareddy, Telangana, India.

The Corporate was formerly known as Varsity Instruments Company Pvt. Ltd.. The Company is engaged in the Aerospace, Maritime And Defense Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 32.50 Cr and a paid-up capital of Rs 31.44 Cr.

The company currently has active open charges totaling ₹1.20 M. The company has closed loans amounting to ₹37.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Niranjan Kandukuri and Sudha Kandukuri 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

    U29300TG1993PTC015989

  • Company No.

    015989

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 1993

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Aerospace, Maritime and Defense
Manufacturing
Company report

Varsity Instruments Private Limited

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

Who are the key members and board of directors at Varsity Instruments?

Executive Team (1)

NameDesignationAppointment DateStatus
Niranjan Kandukuri Country flag representing In Managing Director15-Sep-1997Current

Board Members (1)

NameDesignationAppointment DateStatus
Sudha Kandukuri Country flag representing In Whole-Time Director 01-Oct-1998Current

Financial Performance of Varsity Instruments.

Varsity Instruments Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.8% increase. The company also saw a substantial improvement in profitability, with a 119.56% increase in profit. The company's net worth moved up by a moderate rise of 2.99%.

Varsity Instruments revenue growth over time
Varsity Instruments 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
29.80%
Revenue from Operations
30.63%
Total Assets
-3.14%
Profit or Loss
119.56%
Net Worth
2.99%
EBITDA
136.56%

What is the Ownership and Shareholding Structure of Varsity Instruments?

In 2022, Varsity Instruments 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

₹0.12 Cr

Satisfied Charges

₹37.48 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2016State Bank Of India₹1.20 MOpen
19 Aug 2020Hdfc Bank Limited₹1.98 CrSatisfied
14 Mar 2017Hdfc Bank Limited₹29.50 CrSatisfied
05 Nov 2009Andhra Bank₹5.90 CrSatisfied
15 Feb 1996Uti Bank Ltd.₹1.00 MSatisfied

How Many Employees Work at Varsity Instruments?

Varsity Instruments has a workforce of 24 employees as of Mar 23, 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 Varsity Instruments Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsity Instruments, 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 Varsity Instruments'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 Varsity Instruments

Recent activity within the organization

  • Charges

    A charge registered on 19 Aug 2020 via Charge ID 100365644 with Hdfc Bank Limited was fully satisfied on 03 Jul 2024.

  • Charges

    A charge registered on 14 Mar 2017 via Charge ID 100096322 with Hdfc Bank Limited was fully satisfied on 03 Jul 2024.

  • Annual General Meeting

    Varsity Instruments Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Varsity Instruments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1.98 Cr registered on 19 Aug 2020 with Charge ID 100365644 was modified on 29 Oct 2020.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 29.50 Cr registered on 14 Mar 2017 with Charge ID 100096322 was modified on 29 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Varsity Instruments Private Limited?

    Varsity Instruments Private Limited was incorporated on 13 Jul 1993.

  • What is authorized share capital and paid-up capital of Varsity Instruments Private Limited?

    The authorized share capital of Varsity Instruments Private Limited is ₹ 32.50 Cr and paid-up capital is ₹ 31.44 Cr.

  • Who are the current board members & directors of Varsity Instruments Private Limited?

    Currently 2 directors are associated with Varsity Instruments Private Limited.

    • Niranjan Kandukuri
    • Sudha Rani Kandukuri
  • What is the registered address of Varsity Instruments Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varsity Instruments Private Limited is Plot No 29B, Tsiic Hardware Park Kongaraviryla Post India, Hyderabad, Telangana, 501510.

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

    The corporate identification number (CIN) of Varsity Instruments Private Limited is U29300TG1993PTC015989 and the company number is 015989 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varsity Instruments Private Limited?

    The Official website of Varsity Instruments Private Limited is https://www.varsityinstruments.com

  • What has been the recent revenue trend for Varsity Instruments Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Varsity Instruments Private Limited has risen by 29.80%.

  • How many employees does Varsity Instruments Private Limited currently have?

    As Per 2022 financial reports, 24 employees are currently employed by Varsity Instruments Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Varsity Instruments Private Limited has experienced an upsurge of 2.99%.

  • What are the total open charges for Varsity Instruments Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Varsity Instruments Private Limited amount to ₹ 1.20 M.

  • When was the last Balance Sheet of Varsity Instruments Private Limited filed with the ROC?

    The most recent Balance Sheet for Varsity Instruments Private Limited was filed with the ROC on 31 Mar 2022.

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