Varun Carriers Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.10 M
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 88.00 Cr
- Satisfied Charges ₹ 200.00 Cr
- Revenue Growth 4166.67%
- Profit Growth 5333.79%
- Ebitda -211.91%
- Net Worth 393.77%
- Total Assets 45.76%
About Varun Carriers
Varun Carriers Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 April 1995 and has a history of 29 years and 11 months. Its registered office is in Krishna, 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 0.10 M.
The company currently has active open charges totaling ₹88.00 Cr. The company has closed loans amounting to ₹200.00 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
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63011TG1995PTC019905
- Company No.
019905
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1995
- Date of AGM
29 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 Carriers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 27-Oct-2023 | Current |
| Prabhu Vallurupalli | Director | 03-Apr-1995 | Current |
| Lakshmi Vallurupalli | Director | 03-Apr-1995 | Current |
Financial Performance of Varun Carriers.
Varun Carriers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 4166.67% increase. The company also saw a substantial improvement in profitability, with a 5333.79% increase in profit. The company's net worth Soared by an impressive increase of 393.77%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Varun Carriers?
In 2022, Varun Carriers 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)
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 Auto Sales 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
₹2,000.00 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 |
| 22 Sep 2017 | Others | ₹150.00 Cr | Satisfied |
| 06 Sep 2006 | Bank Of Baroda | ₹50.00 Cr | Satisfied |
How Many Employees Work at Varun Carriers?
Unlock and access historical data on people associated with Varun Carriers, 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 Carriers, 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 Carriers's trajectory.
Rating
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
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 Carriers
Recent activity within the organization
- Director Appointment
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as a Director was appointed as a Director on 27 Oct 2023 & has been associated with this company since 1 year 5 months .
- Annual General Meeting
Varun Carriers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Varun Carriers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge registered on 22 Sep 2017 via Charge ID 100138980 with Others was fully satisfied on 20 Jul 2022.
- Charges
A charge registered on 06 Sep 2006 via Charge ID 10022391 with Bank Of Baroda was fully satisfied on 20 Jul 2022.
- Charges
A charge with Others amounted to Rs. 1,500.00 M with Charge ID 100138980 was registered on 22 Sep 2017.
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Frequently asked questions
What is the Incorporation or founding date of Varun Carriers Private Limited?
Varun Carriers Private Limited was incorporated on 03 Apr 1995.
What is authorized share capital and paid-up capital of Varun Carriers Private Limited?
The authorized share capital of Varun Carriers Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Varun Carriers Private Limited?
Currently 3 directors are associated with Varun Carriers Private Limited.
- Prabhu Kishore Vallurupalli
- Lakshmi Kishore Vallurupalli
- Narasimha Durga Harinadha Ranga Raju Penmetsa
What is the registered address of Varun Carriers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varun Carriers Private Limited is Prabhu Nilayam M.G.Road, India, Vijayawada., Telangana, 520010.
What is the corporate identification number (CIN) and company number of Varun Carriers Private Limited?
The corporate identification number (CIN) of Varun Carriers Private Limited is U63011TG1995PTC019905 and the company number is 019905 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varun Carriers Private Limited?
The Official website of Varun Carriers Private Limited is https://www.varungroup.com
What has been the recent revenue trend for Varun Carriers Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varun Carriers Private Limited has risen by 4166.67%.
What change has been observed in the net worth of Varun Carriers Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varun Carriers Private Limited has experienced an upsurge of 393.77%.
What are the total open charges for Varun Carriers Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Varun Carriers Private Limited amount to ₹ 88.00 Cr.
When was the last Balance Sheet of Varun Carriers Private Limited filed with the ROC?
The most recent Balance Sheet for Varun Carriers Private Limited was filed with the ROC on 31 Mar 2023.