Varun Vehicles Private Limited

Transportation company offering sales, rentals, repairs, and storage for various types of vehicles.

2001 | Hyderabad, Telangana (India) | Active
Last Updated: December 14, 2024

Varun Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 88.00 Cr
  • Revenue Growth 500.00%
  • Profit Growth 728.33%
  • Ebitda 50.57%
  • Net Worth 75.93%
  • Total Assets 5.98%

About Varun Vehicles

Varun Vehicles Private Limited (VVPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 December 2001 and has a history of 23 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹88.00 Cr.

Prabhu Vallurupalli, Lakshmi Vallurupalli, and Narasimha Penmetsa serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35999TG2001PTC038274

  • Company No.

    038274

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2001

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive

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

Board Members (3)

Name Designation Appointment Date Status
Narasimha Penmetsa Country flag representing In Director 28-Oct-2023 Current
Prabhu Vallurupalli Country flag representing In Director 26-Dec-2001 Current
Lakshmi Vallurupalli Country flag representing In Director 26-Dec-2001 Current

Financial Performance of Varun Vehicles.

Varun Vehicles Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 500% increase. The company also saw a substantial improvement in profitability, with a 728.33% increase in profit. The company's net worth Soared by an impressive increase of 75.93%.

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
500.00%
Revenue from Operations
Total Assets
5.98%
Profit or Loss
728.33%
Net Worth
75.93%
EBITDA
50.57%

What is the Ownership and Shareholding Structure of Varun Vehicles?

In 2021, Varun Vehicles 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

₹880.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 88.00 Cr

Latest Charge Details

Date Lender Amount Status
12 Jul 2013 Hdfc Bank Limited ₹56.25 Cr Open
31 May 2005 Hdfc Bank Limited ₹31.75 Cr Open

How Many Employees Work at Varun Vehicles?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 3 months .

    28 Oct 2023

  • Annual General Meeting

    Varun Vehicles Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Varun Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 562.50 M with Charge ID 10447030 was registered on 12 Jul 2013.

    12 Jul 2013

  • Charges

    A charge with Hdfc Bank Limited of Rs. 317.50 M registered on 31 May 2005 with Charge ID 90125196 was modified on 20 Jul 2011.

    20 Jul 2011

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 317.50 M with Charge ID 90125196 was registered on 31 May 2005.

    31 May 2005

Recent News, Updates & Announcement

Frequently asked questions

  • Varun Vehicles Private Limited was incorporated on 26 Dec 2001.

  • The authorized share capital of Varun Vehicles Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Varun Vehicles Private Limited.

    • Prabhu Kishore Vallurupalli
    • Lakshmi Kishore Vallurupalli
    • Narasimha Durga Harinadha Ranga Raju Penmetsa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varun Vehicles Private Limited is 1-10-177 Varun Towers Begumpet Hyderabad, India, Andhra Pradesh, Telangana, 500016.

  • The corporate identification number (CIN) of Varun Vehicles Private Limited is U35999TG2001PTC038274 and the company number is 038274 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varun Vehicles Private Limited is https://www.varungroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Varun Vehicles Private Limited has been consistent by 500.00%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Varun Vehicles Private Limited has experienced an upsurge of 75.93%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Varun Vehicles Private Limited amount to ₹ 88.00 Cr.

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