Varun Resources Limited

Shipping company specializing in LPG transportation for major oil corporations.

2010 | Raigarh, Maharashtra (India) | Under Liquidation
Last Updated:

Varun Resources Profile

Key Indicators

  • Authorised Capital ₹ 368.10 Cr
  • Paid Up Capital ₹ 151.02 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 6,111.48 Cr
  • Satisfied Charges ₹ 4,836.74 Cr
  • Revenue Growth 530.51%
  • Profit Growth 100.38%
  • Ebitda 196.31%
  • Net Worth 15.33%
  • Total Assets -0.22%

About Varun Resources

Varun Resources Limited (VRL) is Under Liquidation company established on 06 Oct 2010 with its office registered at Raigarh, Maharashtra, India and has been running since 14 Year, 4 Months with a paid up capital of 151.02 Cr. According to MCA records, 3 Directors are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varunresources.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U61200MH2010PLC208659

  • Company No.

    208659

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 2010

  • Date of AGM

    19 Aug 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Executive Team (1)

NameDesignationAppointment DateStatus
Yudhisthir Khatau Country flag representing In Managing Director22-Mar-2012Current

Board Members (2)

NameDesignationAppointment DateStatus
Srinivasagopalan Amudan Country flag representing In Director 01-Feb-2015Current
Atul Varma Country flag representing In Nominee Director 27-Oct-2015Current

Financial Performance of Varun Resources.

Varun Resources Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 530.51% increase. The company also saw a substantial improvement in profitability, with a 100.38% increase in profit. The company's net worth Soared by an impressive increase of 15.33%.

Varun Resources revenue growth over time
Varun Resources 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
530.51%
Revenue from Operations
407.85%
Total Assets
-0.22%
Profit or Loss
100.38%
Net Worth
15.33%
EBITDA
196.31%

What is the Ownership and Shareholding Structure of Varun Resources?

In 2016, Varun Resources had a promoter holding of 72.54% and a public holding of 27.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,111.48 Cr

Satisfied Charges

₹4,836.74 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 2236.60 Cr
  • State Bank Of India : 1727.27 Cr
  • Icici Bank Limited : 795.01 Cr
  • Unit Trust Of India Investment Advisory Services Limited : 196.27 Cr
  • Others : 176.00 Cr
  • Others : 980.33 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2016Others₹176.00 CrOpen
09 Dec 2015Icici Bank Limited₹387.44 CrOpen
24 Jul 2015Sbicap Trustee Company Limited₹2,236.60 CrOpen
18 Jun 2015Export-Import Bank Of India₹150.00 CrOpen
30 Oct 2014State Bank Of Bikaner And Jaipur₹6.00 CrOpen

How Many Employees Work at Varun Resources?

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

Employee growth trends for Varun Resources Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Varun Resources Limited last Annual general meeting of members was held on 19 Aug 2016 as per latest MCA records.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 2,236.60 Cr registered on 24 Jul 2015 with Charge ID 10584875 was modified on 20 Jun 2016.

  • Charges

    A charge registered on 07 Jan 2016 via Charge ID 10612770 with Axis Bank Limited was fully satisfied on 13 May 2016.

  • Charges

    A charge with Others amounted to Rs. 176.00 Cr with Charge ID 100025849 was registered on 31 Mar 2016.

  • Balance Sheet

    Varun Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 93.75 Cr with Charge ID 10612770 was registered on 07 Jan 2016.

Frequently asked questions

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

    Varun Resources Limited was incorporated on 06 Oct 2010.

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

    The authorized share capital of Varun Resources Limited is ₹ 368.10 Cr and paid-up capital is ₹ 151.02 Cr.

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

    Currently 3 directors are associated with Varun Resources Limited.

    • Srinivasagopalan Ara Amudan
    • Atul Chandra Varma
    • Yudhisthir Dilip Khatau

  • What is the registered address of Varun Resources Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Resources Limited is Laxmi Building, 6 Shoorji Vallabhdas Marg Ballard Estate India, Mumbai, Maharashtra, 400001.

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

    The corporate identification number (CIN) of Varun Resources Limited is U61200MH2010PLC208659 and the company number is 208659 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varun Resources Limited?

    The Official website of Varun Resources Limited is https://www.varunresources.com

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

    According to the financial reports for the fiscal year 2016, the revenue trend for Varun Resources Limited has risen by 530.51%.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Varun Resources Limited has experienced an upsurge of 15.33%.

  • What are the total open charges for Varun Resources Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Varun Resources Limited amount to ₹ 6,111.48 Cr.

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

    The most recent Balance Sheet for Varun Resources Limited was filed with the ROC on 31 Mar 2016.

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