Varun Motors Private Limited

Authorized dealer of Maruti Suzuki cars, offering various car accessories and services.

1993 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

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
  • Revenue Growth 50.61%
  • Profit Growth 5.67%
  • Ebitda -42.00%
  • Net Worth 32.72%
  • Total Assets 20.34%

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.

Company report

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)

NameDesignationAppointment DateStatus
Varun Vallurupalli Country flag representing In Managing Director17-Sep-2004Current

Board Members (6)

NameDesignationAppointment DateStatus
Prabhu Vallurupalli Country flag representing In Director 22-Nov-1993Current
Lakshmi Vallurupalli Country flag representing In Whole-Time Director 22-Nov-1993Current
Vellanki Rao Country flag representing In Whole-Time Director 01-Apr-1999Current
Ramachandra Raju Country flag representing In Whole-Time Director 10-Jul-2004Current
Devagupthapu Kamaraju Country flag representing In Whole-Time Director 01-Apr-2015Current
Venkata Putumbaka Country flag representing In Whole-Time Director 22-Apr-2006Current

Financial Performance of Varun Motors.

Varun Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.61% increase. The company also saw a slight improvement in profitability, with a 5.67% increase in profit. The company's net worth Soared by an impressive increase of 32.72%.

Varun Motors revenue growth over time
Varun Motors 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
50.61%
Revenue from Operations
50.42%
Total Assets
20.34%
Profit or Loss
5.67%
Net Worth
32.72%
EBITDA
-42.00%

What is the Ownership and Shareholding Structure of Varun Motors?

In 2023, Varun Motors 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

₹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

DateLenderAmountStatus
17 Oct 2024Idbi Bank Limited₹50.00 CrOpen
04 Oct 2024Indian Bank₹50.00 CrOpen
09 Oct 2023Others₹40.00 CrOpen
07 Feb 2022Others₹86.00 CrOpen
10 Aug 2019Others₹140.00 CrOpen

How Many Employees Work at Varun Motors?

Varun Motors has a workforce of 10368 employees as of Apr 06, 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 Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 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

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 has been the recent revenue trend for Varun Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varun Motors Private Limited has risen by 50.61%.

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

    As Per 2023 financial reports, 10368 employees are currently employed by Varun Motors Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varun Motors Private Limited has experienced an upsurge of 32.72%.

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

    As per the financial statements for fiscal Year 2023, 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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