Varun Automobiles Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.20 M
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.25 Cr
- Satisfied Charges ₹ 368.59 Cr
- Revenue Growth %
- Profit Growth 170.51%
- Ebitda 92.96%
- Net Worth 11.30%
- Total Assets 1.57%
About Varun Automobiles
Varun Automobiles Private Limited (VAPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 1996 and has a history of 29 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh.
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 ₹56.25 Cr. The company has closed loans amounting to ₹368.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prabhu Vallurupalli, Lakshmi Vallurupalli, Janaki Adusumalli, and One other member serve as directors at the Company.
Company Details
- Location Visakhapatnam, Andhra Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921AP1996PTC023102
- Company No.
023102
- 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 Automobiles Private Limited
Explore comprehensive data for Varun Automobiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varun Automobiles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 30-Oct-2023 | Current |
| Janaki Adusumalli | Director | 05-Feb-1996 | Current |
| Prabhu Vallurupalli | Director | 05-Feb-1996 | Current |
| Lakshmi Vallurupalli | Director | 05-Feb-1996 | Current |
Financial Performance of Varun Automobiles.
Varun Automobiles Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 170.51% increase in profit. The company's net worth Soared by an impressive increase of 11.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varun Automobiles?
Unlock access to Varun Automobiles'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 Auto Sales Private LimitedPrabhu Vallurupalli, Lakshmi Vallurupalli and 1 more are mutual person
Varun Hospitality Management Private LimitedLakshmi Vallurupalli is a mutual person
Charges (Loans)
Open Charges
₹562.50 M
Satisfied Charges
₹3,685.90 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 56.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2013 | Hdfc Bank Limited | ₹56.25 Cr | Open |
| 12 Jul 2022 | Others | ₹7.00 Cr | Satisfied |
| 02 Dec 2021 | Axis Bank Limited | ₹169.00 Cr | Satisfied |
| 03 Oct 2020 | Others | ₹2.24 Cr | Satisfied |
| 05 Aug 2008 | Bank Of Baroda | ₹93.80 Cr | Satisfied |
How Many Employees Work at Varun Automobiles?
Unlock and access historical data on people associated with Varun Automobiles, 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 Automobiles, 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 Automobiles's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Varun Automobiles
Recent activity within the organization
- Charges
A charge registered on 12 Jul 2022 via Charge ID 100591500 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge registered on 02 Dec 2021 via Charge ID 100543061 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 5 months .
- Annual General Meeting
Varun Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Varun Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge registered on 03 Oct 2020 via Charge ID 100377547 with Others was fully satisfied on 25 Jul 2022.
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 Automobiles Private Limited?
Varun Automobiles Private Limited was incorporated on 05 Feb 1996.
What is authorized share capital and paid-up capital of Varun Automobiles Private Limited?
The authorized share capital of Varun Automobiles Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.
Who are the current board members & directors of Varun Automobiles Private Limited?
Currently 4 directors are associated with Varun Automobiles Private Limited.
- Prabhu Kishore Vallurupalli
- Lakshmi Kishore Vallurupalli
- Janaki Ram Adusumalli
- Narasimha Durga Harinadha Ranga Raju Penmetsa
What is the registered address of Varun Automobiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varun Automobiles Private Limited is 10-50-22/1 Siripuramjunction, India, Visakhapatnam, Andhra Pradesh, 530030.
What is the corporate identification number (CIN) and company number of Varun Automobiles Private Limited?
The corporate identification number (CIN) of Varun Automobiles Private Limited is U65921AP1996PTC023102 and the company number is 023102 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varun Automobiles Private Limited?
The Official website of Varun Automobiles Private Limited is https://www.varungroup.com
What change has been observed in the net worth of Varun Automobiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Varun Automobiles Private Limited has experienced an upsurge of 11.30%.
What are the total open charges for Varun Automobiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Varun Automobiles Private Limited amount to ₹ 56.25 Cr.
When was the last Balance Sheet of Varun Automobiles Private Limited filed with the ROC?
The most recent Balance Sheet for Varun Automobiles Private Limited was filed with the ROC on 31 Mar 2023.
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