Varun Precision Components Private Limited

Manufacturer of precision engineering components for various industries, with ISO/TS 16949:2000 certification.

2004 | Haryana, Haryana (India) | Active
Last Updated:

Varun Precision Components Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.84 M
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.95 Cr
  • Revenue Growth -79.37%
  • Profit Growth 91.77%
  • Ebitda 38.68%
  • Net Worth -3.40%
  • Total Assets 7.36%

About Varun Precision Components

Varun Precision Components Private Limited (VPCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 2004 and has a history of 20 years and ten months. Its registered office is in Haryana, Haryana.

The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 0.84 M.

The company has closed loans amounting to ₹4.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Aman Aggarwal and Shweta Aggarwal serve as directors at the Company.

Company Details

  • Location Haryana, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varunprecision.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15100HR2004PTC035353

  • Company No.

    035353

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Varun Precision Components Private Limited offer?

Varun Precision Components Private Limited offers a wide range of products and services, including Business Consultant, Process Development Service.

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

Board Members (2)

NameDesignationAppointment DateStatus
Aman Aggarwal Country flag representing In Director 06-Apr-2004Current
Shweta Aggarwal Country flag representing In Director 11-Jul-2011Current

Financial Performance of Varun Precision Components.

Varun Precision Components Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.37% decrease. The company also saw a substantial improvement in profitability, with a 91.77% increase in profit. The company's net worth dipped by a decrease of 3.4%.

Varun Precision Components revenue growth over time
Varun Precision Components 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
-79.37%
Revenue from Operations
-94.40%
Total Assets
7.36%
Profit or Loss
91.77%
Net Worth
-3.40%
EBITDA
38.68%

What is the Ownership and Shareholding Structure of Varun Precision Components?

In 2023, Varun Precision Components had a promoter holding of 70.03% and a public holding of 29.97%. 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

₹49.46 M

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 2.93 Cr
  • Canara Bank : 1.40 Cr
  • Axis Bank Limited : 0.62 Cr

Latest Charge Details

DateLenderAmountStatus
08 Aug 2014Small Industries Development Bank Of India₹3.20 MSatisfied
27 Jan 2014Small Industries Development Bank Of India₹2.00 MSatisfied
13 Mar 2013Small Industries Development Bank Of India₹4.00 MSatisfied
10 Sep 2010Canara Bank₹1.40 CrSatisfied
29 Mar 2010Small Industries Development Bank Of India₹2.00 MSatisfied

How Many Employees Work at Varun Precision Components?

Varun Precision Components has a workforce of 3 employees as of Apr 07, 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 Precision Components Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Varun Precision Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 27 Jan 2014 via Charge ID 10475446 with Small Industries Development Bank Of India was fully satisfied on 11 Jan 2019.

  • Charges

    A charge registered on 29 Mar 2010 via Charge ID 10210510 with Small Industries Development Bank Of India was fully satisfied on 26 Sep 2018.

  • Charges

    A charge registered on 10 Sep 2010 via Charge ID 10242109 with Canara Bank was fully satisfied on 16 Aug 2018.

  • Charges

    A charge registered on 08 Aug 2014 via Charge ID 10515078 with Small Industries Development Bank Of India was fully satisfied on 01 Aug 2018.

Frequently asked questions

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

    Varun Precision Components Private Limited was incorporated on 06 Apr 2004.

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

    The authorized share capital of Varun Precision Components Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.84 M.

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

    Currently 2 directors are associated with Varun Precision Components Private Limited.

    • Aman Aggarwal
    • Shweta Aggarwal

  • What is the registered address of Varun Precision Components Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Precision Components Private Limited is 220-D 216-Bhsidc Sector-59 Faridabad India, Haryana.

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

    The corporate identification number (CIN) of Varun Precision Components Private Limited is U15100HR2004PTC035353 and the company number is 035353 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varun Precision Components Private Limited?

    The Official website of Varun Precision Components Private Limited is https://www.varunprecision.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Varun Precision Components Private Limited has fallen by -79.37%.

  • How many employees does Varun Precision Components Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Varun Precision Components Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varun Precision Components Private Limited has experienced an downturn of -3.40%.

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

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

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