Varun Castings Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.24 Cr
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 10.10 Cr
- Satisfied Charges ₹ 9.90 Cr
- Revenue Growth -11.85%
- Profit Growth -353.26%
- Ebitda 115.49%
- Net Worth -9.52%
- Total Assets -32.99%
About Varun Castings
Varun Castings Private Limited (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2008 and has a history of 16 years and five months. Its registered office is in Fatehgarh Sahib, Punjab, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.24 Cr.
The company currently has active open charges totaling ₹10.10 Cr. The company has closed loans amounting to ₹9.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Praveen Mittal, Mangeram, and Satish Kumar serve as directors at the Company.
Company Details
- Location
Fatehgarh Sahib, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27100PB2008PTC032299
- Company No.
032299
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2008
- Date of AGM
04 Aug 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Varun Castings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praveen Mittal  | Director | 03-Jun-2017 | Current |
| Mangeram | Director | 03-Jun-2017 | Current |
| Satish Kumar | Director | 03-Jun-2017 | Current |
Financial Performance of Varun Castings.
Varun Castings Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 11.85% decrease. The company also saw a substantial fall in profitability, with a 353.26% decrease in profit. The company's net worth dipped by a decrease of 9.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Varun Castings?
In 2017, Varun Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.10 Cr
₹9.90 Cr
Charges Breakdown by Lending Institutions
- Others : 10.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2016 | Others | ₹10.10 Cr | Open |
| 21 Feb 2012 | Union Bank Of India | ₹5.00 Cr | Satisfied |
| 12 Jan 2011 | Union Bank Of India | ₹1.70 M | Satisfied |
| 08 Jan 2010 | Union Bank Of India | ₹7.29 M | Satisfied |
| 08 Jan 2010 | Union Bank Of India | ₹4.00 Cr | Satisfied |
How Many Employees Work at Varun Castings?
Varun Castings has a workforce of 0 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varun Castings, 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 Castings'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.
