Varun Agri Services Private Limited

Trading automobiles since 2010 with registered office in Visakhapatnam, Andhra Pradesh.

2010 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 01, 2025

Varun Agri Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 491.25 Cr
  • Revenue Growth 1134.76%
  • Profit Growth 1889.70%
  • Ebitda 42.11%
  • Net Worth 185.82%
  • Total Assets 0.17%

About Varun Agri Services

Varun Agri Services Private Limited (VASPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 September 2010 and has a history of 14 years and five months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Automotive 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹491.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Varun Vallurupalli, Vallurupalli Varsha, Narasimha Penmetsa, and One other member serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01409AP2010PTC070346

  • Company No.

    070346

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Automotive

Who are the key members and board of directors at Varun Agri Services?

Board Members (4)

NameDesignationAppointment DateStatus
Narasimha Penmetsa Country flag representing In Director 30-Oct-2023Current
Varun Vallurupalli Country flag representing In Director 01-Apr-2011Current
Vallurupalli Varsha Country flag representing In Director 07-Sep-2010Current
Venkata Putumbaka Country flag representing In Director 01-Apr-2011Current

Financial Performance of Varun Agri Services.

Varun Agri Services Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 1134.76% increase. The company also saw a substantial improvement in profitability, with a 1889.7% increase in profit. The company's net worth Soared by an impressive increase of 185.82%.

Graph illustrating revenue growth over time
Graph showing 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
1134.76%
Revenue from Operations
Total Assets
0.17%
Profit or Loss
1889.70%
Net Worth
185.82%
EBITDA
42.11%

What is the Ownership and Shareholding Structure of Varun Agri Services?

In 2021, Varun Agri Services 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

Satisfied Charges

₹4,912.50 M

Charges Breakdown by Lending Institutions

  • Others : 362.00 Cr
  • Bank Of Baroda : 129.25 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2020Others₹72.00 CrSatisfied
18 Jun 2020Others₹90.00 CrSatisfied
27 Sep 2017Others₹200.00 CrSatisfied
14 May 2012Bank Of Baroda₹129.25 CrSatisfied

How Many Employees Work at Varun Agri Services?

Unlock and access historical data on people associated with Varun Agri Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Agri Services, 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 Varun Agri Services'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 Varun Agri Services

Recent activity within the organization

  • Director Appointment

    Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as a Director was appointed as a Director on 30 Oct 2023 & has been associated with this company since 1 year 3 months .

    30 Oct 2023

  • Annual General Meeting

    Varun Agri Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varun Agri Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 18 Jun 2020 via Charge ID 100405858 with Others was fully satisfied on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge registered on 18 Jun 2020 via Charge ID 100405862 with Others was fully satisfied on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge registered on 27 Sep 2017 via Charge ID 100138686 with Others was fully satisfied on 25 Jul 2022.

    25 Jul 2022

Frequently asked questions

  • Varun Agri Services Private Limited was incorporated on 07 Sep 2010.

  • The authorized share capital of Varun Agri Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Varun Agri Services Private Limited.

    • Varun Dev Vallurupalli
    • Vallurupalli Varsha
    • Narasimha Durga Harinadha Ranga Raju Penmetsa
    • Venkata Satyanarayana Putumbaka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varun Agri Services Private Limited is C/O. Varun Motors D.No.10-50-22/1, Siripuram Junction India, Visakhapatnam, Andhra Pradesh, 530003.

  • The corporate identification number (CIN) of Varun Agri Services Private Limited is U01409AP2010PTC070346 and the company number is 070346 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Varun Agri Services Private Limited has risen by 1134.76%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Varun Agri Services Private Limited has experienced an upsurge of 185.82%.

  • The most recent Balance Sheet for Varun Agri Services Private Limited was filed with the ROC on 31 Mar 2023.

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