Varun Fastners Private Limited

Manufactures and supplies garment accessories such as zips, buttons, and interlining materials.

1990 | Delhi (India) | Active
Last Updated:

Varun Fastners Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.16 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth -27.18%
  • Profit Growth 42.23%
  • Ebitda -2.80%
  • Net Worth 165.34%
  • Total Assets -4.38%

About Varun Fastners

Varun Fastners Private Limited (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 June 1990 and has a history of 34 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.90 M.

The company currently has active open charges totaling ₹69.16 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Garg, Sulochana Garg, Ram Garg, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1990PTC040389

  • Company No.

    040389

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Company report

Varun Fastners Private Limited

Explore comprehensive data for Varun Fastners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Raj Garg Country flag representing In Director 08-Jul-2023Current
Sulochana Garg Country flag representing In Director 16-Jan-2015Current
Ram Garg Country flag representing In Director 01-Feb-2003Current
Sunita Garg Country flag representing In Director 15-Jul-2023Current

Financial Performance of Varun Fastners.

Varun Fastners Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 27.18% decrease. The company also saw a substantial improvement in profitability, with a 42.23% increase in profit. The company's net worth Soared by an impressive increase of 165.34%.

Varun Fastners revenue growth over time
Varun Fastners profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.18%
Revenue from Operations
Total Assets
-4.38%
Profit or Loss
42.23%
Net Worth
165.34%
EBITDA
-2.80%

What is the Ownership and Shareholding Structure of Varun Fastners?

In 2022, Varun Fastners had a public holding of 16.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹691.59 M

Satisfied Charges

₹80.00 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 52.54 Cr
  • Others : 9.00 Cr
  • Tata Capital Financial Services Limited : 6.27 Cr
  • Oriental Bank Of Commerce : 1.35 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2023Others₹9.00 CrOpen
16 Aug 2021Tata Capital Financial Services Limited₹2.79 CrOpen
25 Aug 2020Tata Capital Financial Services Limited₹4.80 MOpen
31 Aug 2017Tata Capital Financial Services Limited₹3.00 CrOpen
08 Dec 2008Punjab National Bank₹8.30 CrOpen

How Many Employees Work at Varun Fastners?

Unlock and access historical data on people associated with Varun Fastners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varun Fastners Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Fastners, 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 Fastners's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Varun Fastners

Recent activity within the organization

  • Annual General Meeting

    Varun Fastners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Varun Fastners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Sunita Garg was appointed as a Director was appointed as a Director on 15 Jul 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Raj Kumar Garg was appointed as a Director was appointed as a Director on 08 Jul 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge with Others amounted to Rs. 90.00 M with Charge ID 100760385 was registered on 04 Jul 2023.

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 27.91 M with Charge ID 100468410 was registered on 16 Aug 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Varun Fastners Private Limited?

    Varun Fastners Private Limited was incorporated on 04 Jun 1990.

  • What is authorized share capital and paid-up capital of Varun Fastners Private Limited?

    The authorized share capital of Varun Fastners Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.90 M.

  • Who are the current board members & directors of Varun Fastners Private Limited?

    Currently 4 directors are associated with Varun Fastners Private Limited.

    • Raj Kumar Garg
    • Sulochana Garg
    • Ram Babu Garg
    • Sunita Garg

  • What is the registered address of Varun Fastners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Fastners Private Limited is Ap-16, Shalimar Bagh India, Delhi, 110088.

  • What is the corporate identification number (CIN) and company number of Varun Fastners Private Limited?

    The corporate identification number (CIN) of Varun Fastners Private Limited is U74899DL1990PTC040389 and the company number is 040389 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varun Fastners Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Varun Fastners Private Limited has fallen by -27.18%.

  • What change has been observed in the net worth of Varun Fastners Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Varun Fastners Private Limited has experienced an upsurge of 165.34%.

  • What are the total open charges for Varun Fastners Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Varun Fastners Private Limited amount to ₹ 69.16 Cr.

  • When was the last Balance Sheet of Varun Fastners Private Limited filed with the ROC?

    The most recent Balance Sheet for Varun Fastners Private Limited was filed with the ROC on 31 Mar 2024.

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