Varun Procon Private Limited

Road construction and civil work services in Gujarat since 2015.

2015 | Mahesana, Gujarat (India) | Active
Last Updated: November 17, 2024

Varun Procon Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.57 Cr
  • Satisfied Charges ₹ 3.41 Cr
  • Revenue Growth 163.59%
  • Profit Growth 161.95%
  • Ebitda 150.40%
  • Net Worth 39.83%
  • Total Assets 113.02%

About Varun Procon

Varun Procon Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 2015 (Nine years and eight months 12 days old ). Its registered office is in Mahesana, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹66.57 Cr. The company has closed loans amounting to ₹3.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chirag Patel and Rambhai Patel serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vpplindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45203GJ2015PTC083546

  • Company No.

    083546

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

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

Board Members (2)

NameDesignationAppointment DateStatus
Chirag Patel Country flag representing In Director 28-Aug-2015Current
Rambhai Patel Country flag representing In Director 26-Sep-2024Current

Financial Performance of Varun Procon.

Varun Procon Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 163.59% increase. The company also saw a substantial improvement in profitability, with a 161.95% increase in profit. The company's net worth Soared by an impressive increase of 39.83%.

Graph illustrating revenue growth over time
Graph showing 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
163.59%
Revenue from Operations
166.52%
Total Assets
113.02%
Profit or Loss
161.95%
Net Worth
39.83%
EBITDA
150.40%

What is the Ownership and Shareholding Structure of Varun Procon?

In 2023, Varun Procon 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

₹66.57 Cr

Satisfied Charges

₹3.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 66.47 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2024Others₹1.00 CrOpen
09 Aug 2024Others₹4.20 CrOpen
01 Jun 2024Others₹1.11 CrOpen
08 May 2024Hdfc Bank Limited₹1.02 MOpen
20 Feb 2024Others₹5.00 CrOpen

How Many Employees Work at Varun Procon?

Varun Procon has a workforce of 281 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Rambhai Kalidas Patel was appointed as a Director was appointed as a Director on 26 Sep 2024 & has been associated with this company since 5 months .

    26 Sep 2024

  • Charges

    A charge registered on 17 Apr 2023 via Charge ID 100719010 with Hdfc Bank Limited was fully satisfied on 12 Sep 2024.

    12 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100969285 was registered on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 4.20 Cr with Charge ID 100969305 was registered on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100932588 was registered on 01 Jun 2024.

    01 Jun 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 30 Nov 2023 with Charge ID 100834110 was modified on 28 May 2024.

    28 May 2024

Frequently asked questions

  • Varun Procon Private Limited was incorporated on 15 Jun 2015.

  • The authorized share capital of Varun Procon Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Varun Procon Private Limited.

    • Chirag Rambhai Patel
    • Rambhai Kalidas Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varun Procon Private Limited is Royal House, 1 Floor Radhanpur Char Rasta India, Mehsana, Gujarat, 384002.

  • The corporate identification number (CIN) of Varun Procon Private Limited is U45203GJ2015PTC083546 and the company number is 083546 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varun Procon Private Limited is https://www.vpplindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varun Procon Private Limited has risen by 163.59%.

  • As Per 2023 financial reports, 281 employees are currently employed by Varun Procon Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varun Procon Private Limited has experienced an upsurge of 39.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varun Procon Private Limited amount to ₹ 66.57 Cr.

  • The most recent Balance Sheet for Varun Procon Private Limited was filed with the ROC on 31 Mar 2023.

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