Varun Creation Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 03-07-2024
- Paid Up Capital ₹ 1.64 M
as on 03-07-2024
- Company Age 24 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.43 Cr
as on 03-07-2024
- Satisfied Charges ₹ 3.11 Cr
as on 03-07-2024
- Revenue 20.05%
(FY 2023)
- Profit 35.39%
(FY 2023)
- Ebitda 13.70%
(FY 2023)
- Net Worth 5.37%
(FY 2023)
- Total Assets 4.00%
(FY 2023)
About Varun Creation
The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 1.64 M.
The company currently has active open charges totaling ₹8.43 Cr. The company has closed loans amounting to ₹3.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Srikishan Bisani and Rameshkumar Sarda serve as directors at the Company.
- CIN/LLPIN
U17119GJ2000PTC037844
- Company No.
037844
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Apr 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Varun Creation?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srikishan Bisani  | Director | 24-Apr-2000 | Current |
| Rameshkumar Sarda | Director | 24-Apr-2000 | Current |
Financial Performance of Varun Creation.
Varun Creation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.05% increase. The company also saw a substantial improvement in profitability, with a 35.39% increase in profit. The company's net worth moved up by a moderate rise of 5.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Varun Creation?
In 2023, Varun Creation had a promoter holding of 51.83% and a public holding of 48.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 28 Mar 2024 | ₹2.00 Cr | Open |
City Union Bank Limited Creation Date: 23 Aug 2010 | ₹6.43 Cr | Open |
City Union Bank Limited Creation Date: 30 Jun 2010 | ₹5.00 M | Satisfied |
How Many Employees Work at Varun Creation?
Unlock and access historical data on people associated with Varun Creation, 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 Creation, 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 Creation'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.
