Varun Bio Energy Private Limited

Auto trading company established in 2003 with registered office in Visakhapatnam, Telangana.

2003 | Visakhapatnam, Telangana (India) | Active
Last Updated: December 26, 2024

Varun Bio Energy Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 6 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 six 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
  • 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

Who are the key members and board of directors at Varun Bio Energy?

Board Members (3)

Name Designation Appointment Date Status
Narasimha Penmetsa Country flag representing In Director 30-Oct-2023 Current
Lakshmi Vallurupalli Country flag representing In Director 09-Jul-2003 Current
Vallurupalli Varsha Country flag representing In 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%.

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
165.18%
Revenue from Operations
Total Assets
-8.92%
Profit or Loss
85.67%
Net Worth
-1.47%
EBITDA
-10.11%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 3 months .

    30 Oct 2023

  • 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.

    30 Sep 2023

  • Balance Sheet

    Varun Bio Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 19 Jul 2012 via Charge ID 10368992 with Icici Bank Limited was fully satisfied on 16 Dec 2022.

    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.

    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.

    20 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Varun Bio Energy Private Limited was incorporated on 09 Jul 2003.

  • The authorized share capital of Varun Bio Energy Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Varun Bio Energy Private Limited.

    • Lakshmi Kishore Vallurupalli
    • Vallurupalli Varsha
    • Narasimha Durga Harinadha Ranga Raju Penmetsa
  • 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.

  • 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).

  • The Official website of Varun Bio Energy Private Limited is https://www.varungroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varun Bio Energy Private Limited has risen by 165.18%.

  • 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%.

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

People also Viewed

Similar Companies Based on Auto Dealership & Trading