Varun Lubricants And Specialities Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 07-01-2025
- Paid Up Capital ₹ 7.50 M
as on 07-01-2025
- Company Age 31 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 29.67 Cr
as on 07-01-2025
- Revenue 2.29%
(FY 2022)
- Profit 15.71%
(FY 2022)
- Ebitda 27.16%
(FY 2022)
- Net Worth 20.01%
(FY 2022)
- Total Assets 19.94%
(FY 2022)
About Varun Lubricants And Specialities
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Varun Lubricants And Specialities?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shailesh Modi  | Director | 26-Apr-2019 | Current |
| Varun Agrawal | Director | 26-Apr-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Norton Chemicals & Specialties Private LimitedActive 5 years 2 months
Varun Agrawal is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2019 | Citi Bank N.A. | ₹19.00 Cr | Satisfied |
| 21 Sep 2017 | Others | ₹5.00 Cr | Satisfied |
| 27 Apr 2004 | Bank Of Baroda | ₹1.35 Cr | Satisfied |
| 30 Oct 1998 | Bank Of Baroda | ₹0.75 M | Satisfied |
| 29 Oct 1998 | Bank Of Baroda | ₹1.30 Cr | Satisfied |
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.
Deals i
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
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.
