Varun Commercial Vehicles Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 23-10-2024
- Paid Up Capital ₹ 0.10 M
as on 23-10-2024
- Company Age 13 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.00 Cr
as on 23-10-2024
- Satisfied Charges ₹ 30.00 Cr
as on 23-10-2024
- Revenue %
(FY 2023)
- Profit -88.31%
(FY 2023)
- Ebitda -88.31%
(FY 2023)
- Net Worth -4747.37%
(FY 2023)
- Total Assets -0.13%
(FY 2023)
About Varun Commercial Vehicles
The Corporate was formerly known as Varun Benz Private Limited. 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prabhu Vallurupalli, Lakshmi Vallurupalli, and Narasimha Penmetsa serve as directors at the Company.
- CIN/LLPIN
U50102AP2011PTC074646
- Company No.
074646
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 May 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Varun Commercial Vehicles?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 11-Jul-2024 | Current |
| Prabhu Vallurupalli | Director | 25-May-2011 | Current |
| Lakshmi Vallurupalli | Director | 25-May-2011 | Current |
Financial Performance of Varun Commercial Vehicles.
Varun Commercial Vehicles Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 88.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 4747.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Varun Commercial Vehicles?
In 2023, Varun Commercial Vehicles 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 LimitedActive 29 years 8 monthsPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Hospitality Private LimitedActive 41 years 5 monthsPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Carriers Private LimitedActive 29 years 8 monthsPrabhu Vallurupalli, Lakshmi Vallurupalli and 1 more are mutual person
Varun Auto Sales Private LimitedActive 28 years 10 monthsPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Hospitality Management Private LimitedActive 27 years 9 monthsLakshmi Vallurupalli is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tata Capital Financial Services Limited Creation Date: 18 Sep 2014 | ₹35.00 Cr | Open |
Others Creation Date: 11 Feb 2019 | ₹30.00 Cr | Satisfied |
How Many Employees Work at Varun Commercial Vehicles?
Unlock and access historical data on people associated with Varun Commercial Vehicles, 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 Commercial Vehicles, 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 Commercial Vehicles'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
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