Varun Resorts Limited.

Constructs and manages hotels, resorts, and other hospitality services.

1994 | Goa, Goa (India) | Active
Last Updated:

Varun Resorts Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 14.48 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.47 Cr
  • Revenue Growth -1.25%
  • Profit Growth 9.70%
  • Ebitda -3.20%
  • Net Worth 0.40%
  • Total Assets -0.57%

About Varun Resorts

Varun Resorts Limited. (VRL) is a Public Limited Indian Non-Government Company incorporated in India on 26 May 1994 and has a history of 30 years and ten months. Its registered office is in Goa, Goa, India.

The Corporate was formerly known as Varun Resorts Private Limited. The Company is engaged in the Travel And Hospitality 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 70.00 Cr and a paid-up capital of Rs 14.48 Cr.

The company has closed loans amounting to ₹9.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Varun Resorts Limited. India are Alka Naik as CFO and Priya Dhanuka as Company Secretary. Kavita Luthria, Naresh Lutharia, and Henna Luthria serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101GA1994PLC001599

  • Company No.

    001599

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 May 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Travel and Hospitality

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

Executive Team (2)

NameDesignationAppointment DateStatus
Alka Naik Country flag representing In CFO06-May-2019Current
Priya Dhanuka Country flag representing In Company Secretary03-Sep-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Kavita Luthria Country flag representing In Whole-Time Director 28-Jan-2006Current
Naresh Lutharia Country flag representing In Director 01-Aug-1995Current
Henna Luthria Country flag representing In Director 01-Aug-1995Current

Financial Performance of Varun Resorts.

Varun Resorts Limited., for the financial year ended 2020, experienced Minor drop in revenue, with a 1.25% decrease. The company also saw a slight improvement in profitability, with a 9.7% increase in profit. The company's net worth moved up by a moderate rise of 0.4%.

Varun Resorts revenue growth over time
Varun Resorts 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
-1.25%
Revenue from Operations
Total Assets
-0.57%
Profit or Loss
9.70%
Net Worth
0.40%
EBITDA
-3.20%

What is the Ownership and Shareholding Structure of Varun Resorts?

In 2018, Varun Resorts had a promoter holding of 1.27% and a public holding of 98.73%. 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

₹9.47 Cr

Charges Breakdown by Lending Institutions

  • Phoenix Arc Private Limited : 9.47 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 2009Phoenix Arc Private Limited₹1.80 MSatisfied
03 Jan 2009Phoenix Arc Private Limited₹2.70 MSatisfied
23 Oct 2007Phoenix Arc Private Limited₹9.02 CrSatisfied

How Many Employees Work at Varun Resorts?

Unlock and access historical data on people associated with Varun Resorts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varun Resorts Limited.

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Priya Niraj Dhanuka was appointed as a Company Secretary was appointed as a Company Secretary on 03 Sep 2024 & has been associated with this company since 6 months 24 days .

  • Balance Sheet

    Varun Resorts Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

  • Director Appointment

    Alka Dilip Naik was appointed as a Cfo was appointed as a Cfo on 06 May 2019 & has been associated with this company since 5 years 10 months .

  • Charges

    A charge registered on 03 Jan 2009 via Charge ID 10138957 with Phoenix Arc Private Limited was fully satisfied on 18 May 2015.

  • Charges

    A charge registered on 03 Jan 2009 via Charge ID 10138958 with Phoenix Arc Private Limited was fully satisfied on 18 May 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Varun Resorts Limited.?

    Varun Resorts Limited. was incorporated on 26 May 1994.

  • What is authorized share capital and paid-up capital of Varun Resorts Limited.?

    The authorized share capital of Varun Resorts Limited. is ₹ 70.00 Cr and paid-up capital is ₹ 14.48 Cr.

  • Who are the current board members & directors of Varun Resorts Limited.?

    Currently 5 directors are associated with Varun Resorts Limited..

    • Kavita Shyam Luthria
    • Naresh Shyam Lutharia
    • Henna Luthria
    • Alka Dilip Naik
    • Priya Niraj Dhanuka

  • What is the registered address of Varun Resorts Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Resorts Limited. is Dx-6 Big Apple Building Saunta Waddo Opp Cardeliars Chapel, Baga India, Calangute, Goa, 403516.

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

    The corporate identification number (CIN) of Varun Resorts Limited. is U55101GA1994PLC001599 and the company number is 001599 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varun Resorts Limited.?

    According to the financial reports for the fiscal year 2020, the revenue trend for Varun Resorts Limited. has fallen by -1.25%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Varun Resorts Limited. has experienced an upsurge of 0.40%.

  • When was the last Balance Sheet of Varun Resorts Limited. filed with the ROC?

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

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