Varuna Paints Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.47 M
- Company Age 46 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.16 M
- Satisfied Charges ₹ 5.30 M
- Revenue Growth 24.45%
- Profit Growth -13.79%
- Ebitda 28.96%
- Net Worth 14.70%
- Total Assets 17.51%
About Varuna Paints
Varuna Paints Pvt Ltd (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1978 and has a history of 46 years and eight months. Its registered office is in Ernakulam, Kerala, India.
The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.47 M.
The company currently has active open charges totaling ₹3.16 M. The company has closed loans amounting to ₹5.30 M, as per Ministry of Corporate Affairs (MCA) records.
Mampuzhakal Antony, Thresiamma Antony, Kallada Sidharthan, and One other member serve as directors at the Company.
Company Details
-
Location
Ernakulam, Kerala, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U24222KL1978PTC002982
-
Company No.
002982
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
31 May 1978
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ernakulam
Industry
What products or services does Varuna Paints Pvt Ltd offer?
Varuna Paints Pvt Ltd offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Epoxy Paints and Coatings, Natural and Synthetic Resins, Resins, Automotive Paints and Coatings, Paints, Emulsion Paints, Wood & Metal Paint, Wood Finishes, Special Coating.
Who are the key members and board of directors at Varuna Paints?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mampuzhakal Antony
|
Director | 31-May-1978 | Current |
|
Thresiamma Antony
|
Additional Director | 16-Jul-2012 | Current |
|
Kallada Sidharthan
|
Director | 02-Nov-2012 | Current |
|
Rajan Thomas
|
Director | 01-May-2022 | Current |
Financial Performance of Varuna Paints.
Varuna Paints Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 24.45% increase. The company also saw a substantial fall in profitability, with a 13.79% decrease in profit. The company's net worth Soared by an impressive increase of 14.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Varuna Paints?
In 2021, Varuna Paints had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹3.16 M
₹5.30 M
Charges Breakdown by Lending Institutions
- Kerala Financial Corporation : 0.21 Cr
- State Bank Of India : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 1996 | Kerala Financial Corporation | ₹0.26 M | Open |
| 08 Jul 1994 | Kerala Financial Corporation | ₹0.20 M | Open |
| 20 Nov 1993 | Kerala Financial Corporation | ₹0.10 M | Open |
| 06 Aug 1993 | Kerala Financial Corporation | ₹1.50 M | Open |
| 19 Nov 1982 | State Bank Of India | ₹0.70 M | Open |
How Many Employees Work at Varuna Paints?
Varuna Paints has a workforce of 21 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varuna Paints, 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 Varuna Paints'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.
