Varun Used Cars Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 216.50 Cr
- Revenue Growth 50.00%
- Profit Growth -2.62%
- Ebitda -391.58%
- Net Worth 11.45%
- Total Assets 1.08%
About Varun Used Cars
Varun Used Cars Private Limited (VUCPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 March 2000 and has a history of 25 years and one month. Its registered office is in Hyderabad, Telangana, 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 2.50 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹216.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Prabhu Vallurupalli, Lakshmi Vallurupalli, and Narasimha Penmetsa serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34103TG2000PTC034049
- Company No.
034049
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Mar 2000
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Automotive
Varun Used Cars Private Limited
Explore comprehensive data for Varun Used Cars Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varun Used Cars?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Penmetsa  | Director | 28-Oct-2023 | Current |
| Prabhu Vallurupalli | Director | 27-Mar-2000 | Current |
| Lakshmi Vallurupalli | Director | 27-Mar-2000 | Current |
Financial Performance of Varun Used Cars.
Varun Used Cars Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 50% increase. The company also saw a slight decrease in profitability, with a 2.62% decrease in profit. The company's net worth Soared by an impressive increase of 11.45%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Varun Used Cars?
In 2022, Varun Used Cars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Padmaja Motors Private LimitedPrabhu Vallurupalli is a mutual person
Varun Constructions Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Hospitality Private LimitedPrabhu Vallurupalli and Lakshmi Vallurupalli are mutual person
Varun Carriers Private LimitedPrabhu Vallurupalli, Lakshmi Vallurupalli and 1 more are mutual person
Varun Auto Sales Private LimitedPrabhu Vallurupalli, Lakshmi Vallurupalli and 1 more are mutual person
Varun Hospitality Management Private LimitedLakshmi Vallurupalli is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2,165.00 M
Charges Breakdown by Lending Institutions
- Others : 150.00 Cr
- Bank Of Baroda : 50.00 Cr
- Icici Bank Limited : 16.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2017 | Others | ₹150.00 Cr | Satisfied |
| 19 Jul 2012 | Icici Bank Limited | ₹10.00 Cr | Satisfied |
| 29 Sep 2007 | Icici Bank Limited | ₹6.50 Cr | Satisfied |
| 06 Sep 2006 | Bank Of Baroda | ₹50.00 Cr | Satisfied |
How Many Employees Work at Varun Used Cars?
Unlock and access historical data on people associated with Varun Used Cars, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varun Used Cars, 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 Used Cars's trajectory.
Rating
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
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 Used Cars
Recent activity within the organization
- Director Appointment
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as a Director was appointed as a Director on 28 Oct 2023 & has been associated with this company since 1 year 6 months .
- Annual General Meeting
Varun Used Cars Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Varun Used Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge registered on 19 Jul 2012 via Charge ID 10368991 with Icici Bank Limited was fully satisfied on 10 Feb 2023.
- Charges
A charge registered on 22 Sep 2017 via Charge ID 100138688 with Others was fully satisfied on 20 Jul 2022.
- Charges
A charge registered on 06 Sep 2006 via Charge ID 10022450 with Bank Of Baroda was fully satisfied on 20 Jul 2022.
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Frequently asked questions
What is the Incorporation or founding date of Varun Used Cars Private Limited?
Varun Used Cars Private Limited was incorporated on 27 Mar 2000.
What is authorized share capital and paid-up capital of Varun Used Cars Private Limited?
The authorized share capital of Varun Used Cars Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Varun Used Cars Private Limited?
Currently 3 directors are associated with Varun Used Cars Private Limited.
- Prabhu Kishore Vallurupalli
- Lakshmi Kishore Vallurupalli
- Narasimha Durga Harinadha Ranga Raju Penmetsa
What is the registered address of Varun Used Cars Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varun Used Cars Private Limited is 1-10-177 Varun Towers Begumpet, India, Hyderabad, Telangana, 500016.
What is the corporate identification number (CIN) and company number of Varun Used Cars Private Limited?
The corporate identification number (CIN) of Varun Used Cars Private Limited is U34103TG2000PTC034049 and the company number is 034049 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varun Used Cars Private Limited?
The Official website of Varun Used Cars Private Limited is https://www.varungroup.com
What has been the recent revenue trend for Varun Used Cars Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varun Used Cars Private Limited has been consistent by 50.00%.
What change has been observed in the net worth of Varun Used Cars Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varun Used Cars Private Limited has experienced an upsurge of 11.45%.
When was the last Balance Sheet of Varun Used Cars Private Limited filed with the ROC?
The most recent Balance Sheet for Varun Used Cars Private Limited was filed with the ROC on 31 Mar 2023.
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