Varun Hospitality Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.05 Cr
- Company Age 41 Year, 7 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 404.44 Cr
- Satisfied Charges ₹ 195.00 Cr
- Revenue Growth 34.54%
- Profit Growth -347.56%
- Ebitda 45.69%
- Net Worth -11.29%
- Total Assets -10.54%
About Varun Hospitality
Varun Hospitality Private Limited (VHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 1983 and has a history of 41 years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Corporate was formerly known as Sea Valley Esatates Private Limited. The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.05 Cr.
The company currently has active open charges totaling ₹404.44 Cr. The company has closed loans amounting to ₹195.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vallurupalli Varsha, Lakshmi Vallurupalli, Prabhu Vallurupalli, and One other member serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45200TG1983PTC004048
- Company No.
004048
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jul 1983
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc-Hyderabad
Industry
Who are the key members and board of directors at Varun Hospitality?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhu Vallurupalli  | Managing Director | 22-May-1996 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vallurupalli Varsha | Director | 25-Apr-2007 | Current |
| Lakshmi Vallurupalli | Director | 04-Mar-2002 | Current |
| Varun Vallurupalli | Director | 25-Apr-2007 | Current |
Financial Performance of Varun Hospitality.
Varun Hospitality Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 34.54% increase. The company also saw a substantial fall in profitability, with a 347.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varun Hospitality?
In 2020, Varun Hospitality had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Padmaja Motors Private LimitedPrabhu Vallurupalli and Varun Vallurupalli are mutual person
Varun Constructions Private LimitedLakshmi Vallurupalli and Prabhu Vallurupalli are mutual person
Varun International Convention Center Private LimitedVallurupalli Varsha and Varun Vallurupalli are mutual person
Varun Carriers Private LimitedLakshmi Vallurupalli and Prabhu Vallurupalli are mutual person
Varun Auto Sales Private LimitedLakshmi Vallurupalli and Prabhu Vallurupalli are mutual person
Varun Hospitality Management Private LimitedLakshmi Vallurupalli and Varun Vallurupalli are mutual person
Charges (Loans)
₹404.44 Cr
₹195.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 272.43 Cr
- Hdfc Bank Limited : 132.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2018 | State Bank Of India | ₹272.43 Cr | Open |
| 29 Dec 2016 | Hdfc Bank Limited | ₹132.01 Cr | Open |
| 11 May 2015 | Bank Of Baroda | ₹89.50 Cr | Satisfied |
| 23 Jun 2008 | State Bank Of India | ₹105.50 Cr | Satisfied |
How Many Employees Work at Varun Hospitality?
Varun Hospitality has a workforce of 649 employees as of Apr 09, 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 Hospitality, 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 Hospitality'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
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