Varun Metacraft Private Limited

Manufactures engine castings for various OEMs with a monthly production capacity of 40,000 cylinders.

1998 | Rajkot, Gujarat (India) | Active
Last Updated:

Varun Metacraft Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 26 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.00 Cr
  • Satisfied Charges ₹ 12.62 Cr
  • Revenue Growth 47.57%
  • Profit Growth 168.52%
  • Ebitda 66.73%
  • Net Worth 25.16%
  • Total Assets 39.56%

About Varun Metacraft

Varun Metacraft Private Limited (VMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 1998 and has a history of 26 years and four months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹33.00 Cr. The company has closed loans amounting to ₹12.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashokbhai Harsoda, Sureshbhai Harsoda, Shileshbhai Harsoda, and Three other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28999GJ1998PTC034992

  • Company No.

    034992

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Varun Metacraft Private Limited

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

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

Board Members (6)

NameDesignationAppointment DateStatus
Ashokbhai Harsoda Country flag representing In Director 22-Feb-2007Current
Sureshbhai Harsoda Country flag representing In Director 22-Feb-2007Current
Shileshbhai Harsoda Country flag representing In Director 18-Nov-1998Current
Gopalbhai Harsoda Country flag representing In Director 18-Nov-1998Current
Bipinbhai Harsoda Country flag representing In Director 22-Feb-2007Current
Nitinbhai Harsoda Country flag representing In Director 22-Feb-2007Current

Financial Performance of Varun Metacraft.

Varun Metacraft Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.57% increase. The company also saw a substantial improvement in profitability, with a 168.52% increase in profit. The company's net worth Soared by an impressive increase of 25.16%.

Varun Metacraft revenue growth over time
Varun Metacraft 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
47.57%
Revenue from Operations
47.51%
Total Assets
39.56%
Profit or Loss
168.52%
Net Worth
25.16%
EBITDA
66.73%

What is the Ownership and Shareholding Structure of Varun Metacraft?

In 2023, Varun Metacraft had a promoter holding of 88.98% and a public holding of 11.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.00 Cr

Satisfied Charges

₹12.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 32.70 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Hdfc Bank Limited₹3.00 MOpen
17 May 2017Others₹32.70 CrOpen
19 Mar 2015Bank Of India₹2.33 CrSatisfied
10 Feb 2010Bank Of India₹5.00 CrSatisfied
17 Jul 2008Bank Of India₹4.70 MSatisfied

How Many Employees Work at Varun Metacraft?

Varun Metacraft has a workforce of 244 employees as of Mar 28, 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.

Employee growth trends for Varun Metacraft Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Metacraft, 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 Metacraft'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 Metacraft

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100985477 was registered on 30 Sep 2024.

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 32.70 Cr registered on 17 May 2017 with Charge ID 100103455 was modified on 18 Dec 2023.

  • Charges

    A charge registered on 19 Mar 2015 via Charge ID 10558648 with Bank Of India was fully satisfied on 12 Jun 2017.

  • Charges

    A charge registered on 10 Feb 2010 via Charge ID 10247317 with Bank Of India was fully satisfied on 12 Jun 2017.

Frequently asked questions

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

    Varun Metacraft Private Limited was incorporated on 18 Nov 1998.

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

    The authorized share capital of Varun Metacraft Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

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

    Currently 6 directors are associated with Varun Metacraft Private Limited.

    • Ashokbhai Hansrajbhai Harsoda
    • Sureshbhai Ramjibhai Harsoda
    • Shileshbhai Ramjibhai Harsoda
    • Gopalbhai Hansrajbhai Harsoda
    • Bipinbhai Laxmanbhai Harsoda
    • Nitinbhai Babubhai Harsoda
  • What is the registered address of Varun Metacraft Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Metacraft Private Limited is Pardi To Padavala Road Sr. No.- 150P2 150P3 Village : Padavala, Taluka Kotda Sanga Ni India, Rajkot, Gujarat, 360024.

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

    The corporate identification number (CIN) of Varun Metacraft Private Limited is U28999GJ1998PTC034992 and the company number is 034992 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varun Metacraft Private Limited?

    The Official website of Varun Metacraft Private Limited is https://www.varuncasting.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Varun Metacraft Private Limited has risen by 47.57%.

  • How many employees does Varun Metacraft Private Limited currently have?

    As Per 2023 financial reports, 244 employees are currently employed by Varun Metacraft Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varun Metacraft Private Limited has experienced an upsurge of 25.16%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Varun Metacraft Private Limited amount to ₹ 33.00 Cr.

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

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

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