Varun Electrodes Private Limited logo

Varun Electrodes Private Limited

Manufacturer of welding products, including wires, electrodes, and holders, sold under the brand 'Prima'.
1990 | Haryana, Haryana (India) | Active

Last Updated:

June 15, 2024
HomeCompanyVarun Electrodes Private Limited

Who are the key members and board of directors at Varun Electrodes?

Board Members(2)

NameDesignationAppointment DateStatus
Varun Kapoor In Director 01-Nov-2010Current
Vipin Kapoor In Director 29-Jun-1990Current

Financial Performance and Corporate Structure Insights 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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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.93%
Revenue from Operations
42.59%
Total Assets
33.72%
Profit or Loss
-218.90%
Net Worth
296.92%
EBITDA
38.59%

Charges (Loans)

Open Charges Satisfied Charges

₹44.60 M

₹5.07 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Jul 2017
₹1.15 MOpen

Hdfc Bank Limited

Creation Date: 13 Dec 2007
₹4.35 CrOpen

Punjab National Bank

Creation Date: 30 Jan 2001
₹0.29 MSatisfied

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.

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Latest Updates, News, and FAQs on Varun Electrodes

Recent activity within the organization

  • Annual General Meeting

    Varun Electrodes Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Varun Electrodes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 43.45 M registered on 13 Dec 2007 with Charge ID 10097508 was modified on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.15 M with Charge ID 100126487 was registered on 20 Jul 2017.

    20 Jul 2017

  • Director Appointment

    Varun Kapoor was appointed as a Director was appointed as a Director on 01 Nov 2010 & has been associated with this company since 13 years 11 months .

    01 Nov 2010

  • Charges

    A charge registered on 30 Jan 2001 via Charge ID 90036352 with Punjab National Bank was fully satisfied on 07 May 2008.

    07 May 2008

Frequently asked questions

  • Varun Electrodes Private Limited was incorporated on 29 Jun 1990.

  • The authorized share capital of Varun Electrodes Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.45 M.

  • Currently 2 directors are associated with Varun Electrodes Private Limited.

    • Varun Kapoor
    • Vipin Kapoor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varun Electrodes Private Limited is H-56 Industrial Areapanipat, Haryana, India, 132103.

  • The corporate identification number (CIN) of Varun Electrodes Private Limited is U31908HR1990PTC030990 and the company number is 030990 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varun Electrodes Private Limited is https://www.varunelectrodes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varun Electrodes Private Limited has risen by 41.93%.

  • As Per 2023 financial reports, 63 employees are currently employed by Varun Electrodes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varun Electrodes Private Limited has experienced an upsurge of 296.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varun Electrodes Private Limited amount to ₹ 44.60 M.

  • The most recent Balance Sheet for Varun Electrodes Private Limited was filed with the ROC on 31 Mar 2023.

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