Varun Corporation Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 32.46 Cr
- Company Age 73 Year, 20 Days
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 2,757.29 Cr
- Revenue Growth -36.69%
- Profit Growth -6718.74%
- Ebitda 25.48%
- Net Worth -1.76%
- Total Assets 108.58%
About Varun Corporation
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51100MH1952PLC008745
- Company No.
008745
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Feb 1952
- Date of AGM
29 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Varun Corporation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yudhisthir Khatau  | Director Appointed In Casual Vacancy | 06-Feb-2008 | Current |
| Glen Simoens | Additional Director | 10-Jun-2014 | Current |
| Neerja Khatau | Director Appointed In Casual Vacancy | 02-Jan-2009 | Current |
Financial Performance of Varun Corporation.
Varun Corporation Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 36.69% decrease. The company also saw a substantial fall in profitability, with a 6718.74% decrease in profit. The company's net worth dipped by a decrease of 1.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varun Corporation?
In 2017, Varun Corporation had a promoter holding of 99.97% and a public holding of 0.03%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Varun Global LimitedGlen Simoens and Yudhisthir Khatau are mutual person
Varun Lpg Carriers Private LimitedGlen Simoens and Yudhisthir Khatau are mutual person
- Varun Gas Logistics Private Limited
Glen Simoens and Yudhisthir Khatau are mutual person
- Varun Maritime Limited
Yudhisthir Khatau is a mutual person
Benthic Gas Transportation Private LimitedGlen Simoens and Yudhisthir Khatau are mutual person
- Benthic Gas Infrastructural Facilities Private Limited
Glen Simoens and Yudhisthir Khatau are mutual person
Charges (Loans)
₹2,757.29 Cr
₹0
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 2236.60 Cr
- Others : 508.69 Cr
- Chelamadalam Investment Finance Co Ltd : 10.00 Cr
- Infra. Leasing And Financial Services Ltd : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2017 | Others | ₹116.81 Cr | Open |
| 26 Oct 2016 | Others | ₹391.88 Cr | Open |
| 02 Aug 2016 | Sbicap Trustee Company Limited | ₹2,236.60 Cr | Open |
| 21 Oct 2005 | Chelamadalam Investment Finance Co Ltd | ₹10.00 Cr | Open |
| 08 Oct 2004 | Infra. Leasing And Financial Services Ltd | ₹2.00 Cr | Open |
How Many Employees Work at Varun Corporation?
Unlock and access historical data on people associated with Varun Corporation, 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 Corporation, 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 Corporation'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.
