Varsun Etechnologies Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.74 M
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- 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 nine months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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.
Viswanath Kalimireddy, Sayyaparaju Raju, 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Viswanath Kalimireddy  | Director | 12-May-2004 | Current |
| Kalimireddy Prasad | Additional Director | 18-May-2011 | Current |
| Sayyaparaju Raju | Director | 12-May-2004 | Current |
| Ashok Buddharaju | Additional Director | 18-May-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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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.
Related Corporates (Common Directorship)
Varsun Farms LlpSayyaparaju Raju is a mutual person
Varsun Information Technologies Private LimitedViswanath Kalimireddy and Sayyaparaju Raju are mutual person
Varsun Aerospace Technologies Private LimitedViswanath Kalimireddy and Sayyaparaju Raju are mutual person
Alliancedge Business Consultancy Private LimitedSayyaparaju Raju is a mutual person
Iotiq Innovations Private LimitedAshok Buddharaju is a mutual person
Fujiyama Tool Tech Private LimitedViswanath Kalimireddy and Sayyaparaju Raju are mutual person
Charges (Loans)
₹16.31 M
₹26.50 M
Charges Breakdown by Lending Institutions
- Others : 1.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2016 | Others | ₹1.63 Cr | Open |
| 22 Mar 2013 | The Cosmas Co-Op. Bank Limited | ₹1.00 Cr | Satisfied |
| 31 Aug 2010 | The Cosmos Co-Operative Bank Limited | ₹2.50 M | Satisfied |
| 08 Aug 2007 | The Cosmos Co-Op. Bank Limited | ₹1.40 Cr | Satisfied |
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.
Deals i
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
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.
