Varun Carriers Private Limited

Provides automobile services and sales, including repairs, rentals, and storage. Established in 1995 in Telangana.

1995 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 07, 2024

Varun Carriers Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 29 Year, 10 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 ten 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

    varungroup.com

  • 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)

NameDesignationAppointment DateStatus
Narasimha Penmetsa Country flag representing In Director 27-Oct-2023Current
Prabhu Vallurupalli Country flag representing In Director 03-Apr-1995Current
Lakshmi Vallurupalli Country flag representing In Director 03-Apr-1995Current

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%.

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
4166.67%
Revenue from Operations
Total Assets
45.76%
Profit or Loss
5333.79%
Net Worth
393.77%
EBITDA
-211.91%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
12 Jul 2013Hdfc Bank Limited₹56.25 CrOpen
31 May 2005Hdfc Bank Limited₹31.75 CrOpen
22 Sep 2017Others₹150.00 CrSatisfied
06 Sep 2006Bank Of Baroda₹50.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 3 months .

    27 Oct 2023

  • Annual General Meeting

    Varun Carriers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Varun Carriers 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 22 Sep 2017 via Charge ID 100138980 with Others was fully satisfied on 20 Jul 2022.

    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.

    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.

    22 Sep 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Varun Carriers Private Limited was incorporated on 03 Apr 1995.

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

  • Currently 3 directors are associated with Varun Carriers Private Limited.

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

  • 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).

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varun Carriers Private Limited has risen by 4166.67%.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Varun Carriers Private Limited amount to ₹ 88.00 Cr.

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