Varsun Etechnologies Private Limited

Designs and manufactures high precision tools and provides software development and IT services.

2004 | Hyderabad, Telangana (India) | Active
Last Updated:

Varsun Etechnologies Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.74 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.63 Cr
  • Satisfied Charges ₹ 2.65 Cr
  • Revenue Growth -57.80%
  • Profit Growth 100.32%
  • Ebitda 94.45%
  • Net Worth 0.03%
  • Total Assets 0.23%

About Varsun Etechnologies

Varsun Etechnologies Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2004 and has a history of 20 years and ten months. Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.74 M.

The company currently has active open charges totaling ₹1.63 Cr. The company has closed loans amounting to ₹2.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kalimireddy Prasad, Viswanath Kalimireddy, Ashok Buddharaju, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2004PTC043241

  • Company No.

    043241

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment
Information Technology

What products or services does Varsun Etechnologies Private Limited offer?

Varsun Etechnologies Private Limited offers a wide range of products and services, including Level Transmitters, Online Partial Discharge Monitoring System, Product Prototyping Services, Product Engineering Service, Data Management Systems, Document Management System, Car & Vehicle GPS Devices, Vehicle Tracking Systems, ERP Packages, Enterprises Resource Planning.

Who are the key members and board of directors at Varsun Etechnologies?

Board Members (4)

NameDesignationAppointment DateStatus
Viswanath Kalimireddy Country flag representing In Director 12-May-2004Current
Kalimireddy Prasad Country flag representing In Additional Director 18-May-2011Current
Ashok Buddharaju Country flag representing In Additional Director 18-May-2011Current
Sayyaparaju Raju Country flag representing In Director 12-May-2004Current

Financial Performance of Varsun Etechnologies.

Varsun Etechnologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.8% decrease. The company also saw a substantial improvement in profitability, with a 100.32% increase in profit. The company's net worth moved up by a moderate rise of 0.03%.

Varsun Etechnologies revenue growth over time
Varsun Etechnologies 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
-57.80%
Revenue from Operations
-59.55%
Total Assets
0.23%
Profit or Loss
100.32%
Net Worth
0.03%
EBITDA
94.45%

What is the Ownership and Shareholding Structure of Varsun Etechnologies?

In 2023, Varsun Etechnologies had a promoter holding of 92.27% and a public holding of 7.73%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.31 M

Satisfied Charges

₹26.50 M

Charges Breakdown by Lending Institutions

  • Others : 1.63 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2016Others₹1.63 CrOpen
22 Mar 2013The Cosmas Co-Op. Bank Limited₹1.00 CrSatisfied
31 Aug 2010The Cosmos Co-Operative Bank Limited₹2.50 MSatisfied
08 Aug 2007The Cosmos Co-Op. Bank Limited₹1.40 CrSatisfied

How Many Employees Work at Varsun Etechnologies?

Varsun Etechnologies has a workforce of 97 employees as of Apr 06, 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 Varsun Etechnologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsun Etechnologies, 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 Varsun Etechnologies'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 Varsun Etechnologies

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Varsun Etechnologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge registered on 22 Mar 2013 via Charge ID 10423382 with The Cosmas Co-Op. Bank Limited was fully satisfied on 29 Apr 2016.

  • Charges

    A charge registered on 31 Aug 2010 via Charge ID 10240831 with The Cosmos Co-Operative Bank Limited was fully satisfied on 29 Apr 2016.

  • Charges

    A charge registered on 08 Aug 2007 via Charge ID 10065927 with The Cosmos Co-Op. Bank Limited was fully satisfied on 29 Apr 2016.

  • Charges

    A charge with Others amounted to Rs. 16.31 M with Charge ID 100028057 was registered on 17 Feb 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Varsun Etechnologies Private Limited?

    Varsun Etechnologies Private Limited was incorporated on 12 May 2004.

  • What is authorized share capital and paid-up capital of Varsun Etechnologies Private Limited?

    The authorized share capital of Varsun Etechnologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.74 M.

  • Who are the current board members & directors of Varsun Etechnologies Private Limited?

    Currently 4 directors are associated with Varsun Etechnologies Private Limited.

    • Kalimireddy Rajendra Prasad
    • Viswanath Kalimireddy
    • Ashok Kumar Buddharaju
    • Sayyaparaju Venkata Satya Surya Sita Rama Raju

  • What is the registered address of Varsun Etechnologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varsun Etechnologies Private Limited is Plot No.13 Guttala Begumpet Kavuri Hills, Madhapur India, Hyderabad, Telangana, 500081.

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

    The corporate identification number (CIN) of Varsun Etechnologies Private Limited is U72200TG2004PTC043241 and the company number is 043241 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varsun Etechnologies Private Limited?

    The Official website of Varsun Etechnologies Private Limited is https://www.varsun.com

  • What has been the recent revenue trend for Varsun Etechnologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varsun Etechnologies Private Limited has fallen by -57.80%.

  • How many employees does Varsun Etechnologies Private Limited currently have?

    As Per 2023 financial reports, 97 employees are currently employed by Varsun Etechnologies Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varsun Etechnologies Private Limited has experienced an upsurge of 0.03%.

  • What are the total open charges for Varsun Etechnologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varsun Etechnologies Private Limited amount to ₹ 1.63 Cr.

  • When was the last Balance Sheet of Varsun Etechnologies Private Limited filed with the ROC?

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

People also Viewed