Varun Motors Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 1.33 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,209.45 Cr
- Satisfied Charges ₹ 1,160.91 Cr
About Varun Motors
Varun Motors Private Limited (VMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 1993 and has a history of 31 years and five months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 1.33 Cr.
The company currently has active open charges totaling ₹1,209.45 Cr. The company has closed loans amounting to ₹1,160.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varun Vallurupalli, Prabhu Vallurupalli, Lakshmi Vallurupalli, and Four other members 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
U50100AP1993PTC016615
- Company No.
016615
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Nov 1993
- Date of AGM
07 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
What products or services does Varun Motors Private Limited offer?
Varun Motors Private Limited offers a wide range of products and services, including Cars, Motor Cars, Maruti Car.
Varun Motors Private Limited
Explore comprehensive data for Varun Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varun Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Vallurupalli  | Managing Director | 17-Sep-2004 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prabhu Vallurupalli | Director | 22-Nov-1993 | Current |
| Lakshmi Vallurupalli | Whole-Time Director | 22-Nov-1993 | Current |
| Vellanki Rao | Whole-Time Director | 01-Apr-1999 | Current |
| Ramachandra Raju | Whole-Time Director | 10-Jul-2004 | Current |
| Devagupthapu Kamaraju | Whole-Time Director | 01-Apr-2015 | Current |
| Venkata Putumbaka | Whole-Time Director | 22-Apr-2006 | Current |
Financial Performance of Varun Motors.
- 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 Motors?
Unlock access to Varun Motors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Padmaja Motors Private LimitedVarun Vallurupalli and Prabhu Vallurupalli are mutual person
Varun Constructions Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun International Convention Center Private LimitedVarun Vallurupalli is a mutual person
Varun Hospitality Private LimitedVarun Vallurupalli, Prabhu Vallurupalli and 1 more are mutual person
Varun Carriers Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Auto Sales Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Charges (Loans)
Open Charges
₹1,209.45 Cr
Satisfied Charges
₹1,160.91 Cr
Charges Breakdown by Lending Institutions
- Others : 376.00 Cr
- State Bank Of India : 350.70 Cr
- Axis Bank Limited : 297.00 Cr
- Hdfc Bank Limited : 85.75 Cr
- Indian Bank : 50.00 Cr
- Others : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2024 | Idbi Bank Limited | ₹50.00 Cr | Open |
| 04 Oct 2024 | Indian Bank | ₹50.00 Cr | Open |
| 09 Oct 2023 | Others | ₹40.00 Cr | Open |
| 07 Feb 2022 | Others | ₹86.00 Cr | Open |
| 10 Aug 2019 | Others | ₹140.00 Cr | Open |
How Many Employees Work at Varun Motors?
Unlock and access historical data on people associated with Varun Motors, 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 Motors, 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 Motors's trajectory.
Rating
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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.
Latest Updates, News, and FAQs on Varun Motors
Recent activity within the organization
- Charges
A charge with Idbi Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100999736 was registered on 17 Oct 2024.
- Charges
A charge with Indian Bank amounted to Rs. 50.00 Cr with Charge ID 100994335 was registered on 04 Oct 2024.
- Charges
A charge with Others of Rs. 140.00 Cr registered on 10 Aug 2019 with Charge ID 100287171 was modified on 28 Jun 2024.
- Charges
A charge registered on 04 Nov 2016 via Charge ID 100078911 with Others was fully satisfied on 21 Jun 2024.
- Charges
A charge registered on 17 Jul 2013 via Charge ID 10442421 with Tata Capital Financial Services Limited was fully satisfied on 15 Jun 2024.
- Charges
A charge registered on 12 Jul 2013 via Charge ID 10447027 with Hdfc Bank Limited was fully satisfied on 02 Apr 2024.
Recent News, Updates & Announcement
Customer's Car Complaints Ignored by Maruti Suzuki and Varun Motors, Resulting in Dangerous Accident.When you buy a car but it has problems, so you complain and ask for compensation. But the company and dealership don't listen and try to fix it instead of replacing the faulty parts. Then you get into an accident because the horn doesn't work and they still don't take responsibility. #CustomerServiceFail #MarutiSuzuki #VarunMotors #NotWorthTheMoney.
Frequently asked questions
What is the Incorporation or founding date of Varun Motors Private Limited?
Varun Motors Private Limited was incorporated on 22 Nov 1993.
What is authorized share capital and paid-up capital of Varun Motors Private Limited?
The authorized share capital of Varun Motors Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 1.33 Cr.
Who are the current board members & directors of Varun Motors Private Limited?
Currently 7 directors are associated with Varun Motors Private Limited.
- Varun Dev Vallurupalli
- Prabhu Kishore Vallurupalli
- Lakshmi Kishore Vallurupalli
- Vellanki Subba Rao
- Ramachandra Vejella Raju
- Devagupthapu Kamaraju
- Venkata Satyanarayana Putumbaka
What is the registered address of Varun Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varun Motors Private Limited is 7-8-1/1 Varun Towers Kasturba Marg, Siripuram India, Visakhapatnam, Andhra Pradesh, 530003.
What is the corporate identification number (CIN) and company number of Varun Motors Private Limited?
The corporate identification number (CIN) of Varun Motors Private Limited is U50100AP1993PTC016615 and the company number is 016615 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varun Motors Private Limited?
The Official website of Varun Motors Private Limited is https://www.varunmaruti.com
What are the total open charges for Varun Motors Private Limited?
As per the financial statements for fiscal Year , The total open charges for Varun Motors Private Limited amount to ₹ 1,209.45 Cr.
When was the last Balance Sheet of Varun Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Varun Motors Private Limited was filed with the ROC on 31 Mar 2023.
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