Varun Auto Sales Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.20 M
- Company Age 29 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 88.00 Cr
- Satisfied Charges ₹ 169.00 Cr
- Revenue Growth %
- Profit Growth -285.26%
- Ebitda -1241.53%
- Net Worth -13.69%
- Total Assets -1.16%
About Varun Auto Sales
Varun Auto Sales Private Limited (VASPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 1996 and has a history of 29 years and three 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 0.20 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹88.00 Cr. The company has closed loans amounting to ₹169.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prabhu Vallurupalli, Lakshmi Vallurupalli, and Narasimha Penmetsa 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
U50100AP1996PTC023104
- Company No.
023104
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Feb 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
Varun Auto Sales Private Limited
Explore comprehensive data for Varun Auto Sales Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varun Auto Sales?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 30-Oct-2023 | Current |
| Prabhu Vallurupalli | Director | 05-Feb-1996 | Current |
| Lakshmi Vallurupalli | Director | 05-Feb-1996 | Current |
Financial Performance of Varun Auto Sales.
Varun Auto Sales Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 285.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varun Auto Sales?
Unlock access to Varun Auto Sales's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Padmaja Motors Private LimitedPrabhu Vallurupalli is a mutual person
Varun Constructions Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Hospitality Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Carriers Private LimitedPrabhu Vallurupalli, Lakshmi Vallurupalli and 1 more are mutual person
Varun Hospitality Management Private LimitedLakshmi Vallurupalli is a mutual person
Varun Infra Ventures Private LimitedLakshmi Vallurupalli is a mutual person
Charges (Loans)
Open Charges
₹880.00 M
Satisfied Charges
₹1,690.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 88.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2013 | Hdfc Bank Limited | ₹56.25 Cr | Open |
| 31 May 2005 | Hdfc Bank Limited | ₹31.75 Cr | Open |
| 02 Dec 2021 | Axis Bank Limited | ₹169.00 Cr | Satisfied |
How Many Employees Work at Varun Auto Sales?
Unlock and access historical data on people associated with Varun Auto Sales, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varun Auto Sales, 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 Auto Sales's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Varun Auto Sales
Recent activity within the organization
- Charges
A charge registered on 02 Dec 2021 via Charge ID 100543763 with Axis Bank Limited was fully satisfied on 20 Feb 2024.
- 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 6 months .
- Annual General Meeting
Varun Auto Sales Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Varun Auto Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1,690.00 M with Charge ID 100543763 was registered on 02 Dec 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 562.50 M with Charge ID 10447018 was registered on 12 Jul 2013.
Recent News, Updates & Announcement
Oriental Hotels divests Gateway Hotel Beach Road Visakhapatnam to retain management contract.The management and the overall operations of the hotel will continue to be with IHCL while the hotel undergoes extensive renovation and enhancement..
Frequently asked questions
What is the Incorporation or founding date of Varun Auto Sales Private Limited?
Varun Auto Sales Private Limited was incorporated on 05 Feb 1996.
What is authorized share capital and paid-up capital of Varun Auto Sales Private Limited?
The authorized share capital of Varun Auto Sales Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.
Who are the current board members & directors of Varun Auto Sales Private Limited?
Currently 3 directors are associated with Varun Auto Sales Private Limited.
- Prabhu Kishore Vallurupalli
- Lakshmi Kishore Vallurupalli
- Narasimha Durga Harinadha Ranga Raju Penmetsa
What is the registered address of Varun Auto Sales Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varun Auto Sales Private Limited is 10-50-22/1, Siripuram Junction Visakhapatnam India, Andhra Pradesh, 530003.
What is the corporate identification number (CIN) and company number of Varun Auto Sales Private Limited?
The corporate identification number (CIN) of Varun Auto Sales Private Limited is U50100AP1996PTC023104 and the company number is 023104 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varun Auto Sales Private Limited?
The Official website of Varun Auto Sales Private Limited is https://www.varungroup.com
What change has been observed in the net worth of Varun Auto Sales Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varun Auto Sales Private Limited has experienced an downturn of -13.69%.
What are the total open charges for Varun Auto Sales Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Varun Auto Sales Private Limited amount to ₹ 88.00 Cr.
When was the last Balance Sheet of Varun Auto Sales Private Limited filed with the ROC?
The most recent Balance Sheet for Varun Auto Sales Private Limited was filed with the ROC on 31 Mar 2023.
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