Varun Bio Energy Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.10 M
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 34.25 Cr
- Revenue Growth 165.18%
- Profit Growth 85.67%
- Ebitda -10.11%
- Net Worth -1.47%
- Total Assets -8.92%
About Varun Bio Energy
Varun Bio Energy Private Limited (VBEPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 July 2003 and has a history of 21 years and nine months. Its registered office is in Visakhapatnam, Telangana.
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 0.10 M.
The company has closed loans amounting to ₹34.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Lakshmi Vallurupalli, Vallurupalli Varsha, and Narasimha Penmetsa serve as directors at the Company.
Company Details
- Location Visakhapatnam, Telangana
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40109TG2003PTC041310
- Company No.
041310
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jul 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Automotive
Varun Bio Energy Private Limited
Explore comprehensive data for Varun Bio Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varun Bio Energy?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 30-Oct-2023 | Current |
| Lakshmi Vallurupalli | Director | 09-Jul-2003 | Current |
| Vallurupalli Varsha | Director | 05-Oct-2004 | Current |
Financial Performance of Varun Bio Energy.
Varun Bio Energy Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 165.18% increase. The company also saw a substantial improvement in profitability, with a 85.67% increase in profit. The company's net worth dipped by a decrease of 1.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varun Bio Energy?
In 2022, Varun Bio Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Varun Constructions Private LimitedLakshmi Vallurupalli is a mutual person
Varun International Convention Center Private LimitedVallurupalli Varsha is a mutual person
Varun Hospitality Private LimitedLakshmi Vallurupalli and Vallurupalli Varsha are mutual person
Varun Carriers Private LimitedLakshmi Vallurupalli and Narasimha Penmetsa are mutual person
Varun Auto Sales Private LimitedLakshmi Vallurupalli and Narasimha Penmetsa are mutual person
Varun Hospitality Management Private LimitedLakshmi Vallurupalli is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹342.50 M
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 17.00 Cr
- Icici Bank Limited : 10.00 Cr
- Icici Home Finance Company Limited : 7.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2012 | Icici Bank Limited | ₹10.00 Cr | Satisfied |
| 17 Dec 2007 | Icici Home Finance Company Limited | ₹7.25 Cr | Satisfied |
| 06 Sep 2006 | Bank Of Baroda | ₹12.50 Cr | Satisfied |
| 31 Mar 2006 | Bank Of Baroda | ₹2.00 Cr | Satisfied |
| 10 Nov 2004 | Bank Of Baroda | ₹2.50 Cr | Satisfied |
How Many Employees Work at Varun Bio Energy?
Unlock and access historical data on people associated with Varun Bio Energy, 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 Bio Energy, 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 Bio Energy's trajectory.
Rating
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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.
Latest Updates, News, and FAQs on Varun Bio Energy
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 5 months .
- Annual General Meeting
Varun Bio Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Varun Bio Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge registered on 19 Jul 2012 via Charge ID 10368992 with Icici Bank Limited was fully satisfied on 16 Dec 2022.
- Charges
A charge registered on 06 Sep 2006 via Charge ID 10022580 with Bank Of Baroda was fully satisfied on 20 Jul 2022.
- Charges
A charge registered on 31 Mar 2006 via Charge ID 10021410 with Bank Of Baroda was fully satisfied on 20 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 Bio Energy Private Limited?
Varun Bio Energy Private Limited was incorporated on 09 Jul 2003.
What is authorized share capital and paid-up capital of Varun Bio Energy Private Limited?
The authorized share capital of Varun Bio Energy Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Varun Bio Energy Private Limited?
Currently 3 directors are associated with Varun Bio Energy Private Limited.
- Lakshmi Kishore Vallurupalli
- Vallurupalli Varsha
- Narasimha Durga Harinadha Ranga Raju Penmetsa
What is the registered address of Varun Bio Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varun Bio Energy Private Limited is 7-8-1/1 Varun Towers Kasturba Marg Siripuram 530003, Andhra Pradesh India, Visakhapatnam, Telangana, 500195.
What is the corporate identification number (CIN) and company number of Varun Bio Energy Private Limited?
The corporate identification number (CIN) of Varun Bio Energy Private Limited is U40109TG2003PTC041310 and the company number is 041310 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varun Bio Energy Private Limited?
The Official website of Varun Bio Energy Private Limited is https://www.varungroup.com
What has been the recent revenue trend for Varun Bio Energy Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varun Bio Energy Private Limited has risen by 165.18%.
What change has been observed in the net worth of Varun Bio Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varun Bio Energy Private Limited has experienced an downturn of -1.47%.
When was the last Balance Sheet of Varun Bio Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Varun Bio Energy Private Limited was filed with the ROC on 31 Mar 2023.
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