Varun Lubricants And Specialities Private Limited

Provides storage and warehousing services since 1993 in Mumbai, Maharashtra.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: February 24, 2025

Varun Lubricants And Specialities Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 29.67 Cr
  • Revenue Growth 2.29%
  • Profit Growth 15.71%
  • Ebitda 26.91%
  • Net Worth 20.01%
  • Total Assets 19.94%

About Varun Lubricants And Specialities

Varun Lubricants And Specialities Private Limited (VLASPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 December 1993 and has a history of 31 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company has closed loans amounting to ₹29.67 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shailesh Modi and Varun Agrawal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nandangroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23201MH1993PTC075535

  • Company No.

    075535

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Varun Lubricants And Specialities?

Board Members (2)

NameDesignationAppointment DateStatus
Shailesh Modi Country flag representing In Director 26-Apr-2019Current
Varun Agrawal Country flag representing In Director 26-Apr-2019Current

Financial Performance of Varun Lubricants And Specialities.

Varun Lubricants And Specialities Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.29% increase. The company also saw a substantial improvement in profitability, with a 15.71% increase in profit. The company's net worth Soared by an impressive increase of 20.01%.

Graph illustrating revenue growth over time
Graph showing 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
2.29%
Revenue from Operations
Total Assets
19.94%
Profit or Loss
15.71%
Net Worth
20.01%
EBITDA
26.91%

What is the Ownership and Shareholding Structure of Varun Lubricants And Specialities?

In 2021, Varun Lubricants And Specialities had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹296.65 M

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 19.00 Cr
  • Bank Of Baroda : 5.67 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2019Citi Bank N.A.₹19.00 CrSatisfied
21 Sep 2017Others₹5.00 CrSatisfied
27 Apr 2004Bank Of Baroda₹1.35 CrSatisfied
30 Oct 1998Bank Of Baroda₹0.75 MSatisfied
29 Oct 1998Bank Of Baroda₹1.30 CrSatisfied

How Many Employees Work at Varun Lubricants And Specialities?

Varun Lubricants And Specialities has a workforce of 0 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Lubricants And Specialities, 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 Lubricants And Specialities'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 Lubricants And Specialities

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Varun Lubricants And Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 13 May 2019 via Charge ID 100268018 with Citi Bank N.A. was fully satisfied on 23 Feb 2022.

    23 Feb 2022

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 190.00 M with Charge ID 100268018 was registered on 13 May 2019.

    13 May 2019

  • Director Appointment

    Shailesh Kumar Shivkumar Modi was appointed as a Director was appointed as a Director on 26 Apr 2019 & has been associated with this company since 5 years 10 months .

    26 Apr 2019

  • Director Appointment

    Varun Shreenarayan Agrawal was appointed as a Director was appointed as a Director on 26 Apr 2019 & has been associated with this company since 5 years 10 months .

    26 Apr 2019

Frequently asked questions

  • Varun Lubricants And Specialities Private Limited was incorporated on 09 Dec 1993.

  • The authorized share capital of Varun Lubricants And Specialities Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Varun Lubricants And Specialities Private Limited.

    • Shailesh Kumar Shivkumar Modi
    • Varun Shreenarayan Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varun Lubricants And Specialities Private Limited is B/601 Lotus Corporate Park Ram Mandir Lane Jai Coach Junction W.E. Highway Gorega On (East), India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Varun Lubricants And Specialities Private Limited is U23201MH1993PTC075535 and the company number is 075535 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varun Lubricants And Specialities Private Limited is https://www.nandangroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varun Lubricants And Specialities Private Limited has risen by 2.29%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varun Lubricants And Specialities Private Limited has experienced an upsurge of 20.01%.

  • The most recent Balance Sheet for Varun Lubricants And Specialities Private Limited was filed with the ROC on 31 Mar 2024.

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