Varun Electrodes Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.45 M
- Company Age 34 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.46 Cr
- Satisfied Charges ₹ 5.07 M
- Revenue Growth 41.93%
- Profit Growth -218.90%
- Ebitda 38.59%
- Net Worth 296.92%
- Total Assets 33.72%
About Varun Electrodes
Varun Electrodes Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 June 1990 and has a history of 34 years and seven months. Its registered office is in Haryana, Haryana, India.
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 2.45 M.
The company currently has active open charges totaling ₹4.46 Cr. The company has closed loans amounting to ₹5.07 M, as per Ministry of Corporate Affairs (MCA) records.
Varun Kapoor and Vipin Kapoor serve as directors at the Company.
Company Details
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Location
Haryana, Haryana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U31908HR1990PTC030990
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Company No.
030990
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jun 1990
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Varun Electrodes Private Limited offer?
Varun Electrodes Private Limited offers a wide range of products and services, including Welding Machine Parts, Welding Holder, Welding Electrodes, Low Hydrogen Electrode, Mild Steel Welding Rod, Earth Clamps, Electronic Connectors, Cable Connectors, Metal Wire, Welding Wires.
Who are the key members and board of directors at Varun Electrodes?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Kapoor
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Director | 01-Nov-2010 | Current |
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Vipin Kapoor
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Director | 29-Jun-1990 | Current |
Financial Performance of Varun Electrodes.
Varun Electrodes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.93% increase. The company also saw a substantial fall in profitability, with a 218.9% decrease in profit. The company's net worth Soared by an impressive increase of 296.92%.
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What is the Ownership and Shareholding Structure of Varun Electrodes?
In 2023, Varun Electrodes 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)
₹44.60 M
₹5.07 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2017 | Hdfc Bank Limited | ₹1.15 M | Open |
| 13 Dec 2007 | Hdfc Bank Limited | ₹4.35 Cr | Open |
| 30 Jan 2001 | Punjab National Bank | ₹0.29 M | Satisfied |
| 17 Dec 1998 | Punjab National Bank | ₹0.30 M | Satisfied |
| 24 Jun 1998 | Punjab National Bank | ₹3.20 M | Satisfied |
How Many Employees Work at Varun Electrodes?
Varun Electrodes has a workforce of 63 employees as of Apr 08, 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 Electrodes, 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 Electrodes'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.
