Varun Ispat Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.50 M
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 21.68 Cr
- Satisfied Charges ₹ 78.36 Cr
- Revenue Growth -14.44%
- Profit Growth 74.14%
- Ebitda 47.60%
- Net Worth -1.39%
- Total Assets -0.24%
About Varun Ispat
Varun Ispat Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 September 1995 and has a history of 29 years and four months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Varun Estates Private Limited. The Company is engaged in the Real Estate And Construction 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 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹21.68 Cr. The company has closed loans amounting to ₹78.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Om Agarwala and Varun Patwari serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U70101WB1995PTC074530
- Company No.
074530
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1995
- Date of AGM
27 Sep 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Varun Ispat?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Om Agarwala  | Director | 06-Dec-2019 | Current |
| Varun Patwari | Director | 06-Dec-2019 | Current |
Financial Performance of Varun Ispat.
Varun Ispat Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 14.44% decrease. The company also saw a substantial improvement in profitability, with a 74.14% increase in profit. The company's net worth dipped by a decrease of 1.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Ispat?
In 2019, Varun Ispat had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gokul Distributors Private LimitedOm Agarwala and Varun Patwari are mutual person
Tulsi Vincom Private LimitedOm Agarwala and Varun Patwari are mutual person
- Liska Sales Private Limited
Om Agarwala and Varun Patwari are mutual person
- Trincas Consultancy Pvt Ltd
Om Agarwala and Varun Patwari are mutual person
- Nightangle Tie-Up Private Limited
Om Agarwala and Varun Patwari are mutual person
- Petals Dealers Private Limited
Om Agarwala and Varun Patwari are mutual person
Charges (Loans)
₹216.75 M
₹783.57 M
Charges Breakdown by Lending Institutions
- United Bank Of India : 18.00 Cr
- Icici Bank Limited : 1.88 Cr
- Allahabad Bank : 1.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2015 | Icici Bank Limited | ₹1.88 Cr | Open |
| 19 Jun 2009 | United Bank Of India | ₹18.00 Cr | Open |
| 15 Sep 2003 | Allahabad Bank | ₹1.80 Cr | Open |
| 30 Aug 2013 | Deutsche Bank Ag | ₹1.30 Cr | Satisfied |
| 19 Apr 2012 | Reliance Capital Ltd | ₹1.00 Cr | Satisfied |
How Many Employees Work at Varun Ispat?
Unlock and access historical data on people associated with Varun Ispat, 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 Ispat, 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 Ispat'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.
