Varunika Prints Private Limited

Dyeing and printing fabrics with high digital and sublimation capacity.

1995 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Varunika Prints Profile

Key Indicators

  • Authorised Capital ₹ 9.90 Cr
  • Paid Up Capital ₹ 9.45 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.94 Cr
  • Satisfied Charges ₹ 19.36 Cr
  • Revenue Growth 19.44%
  • Profit Growth 31.72%
  • Ebitda 28.67%
  • Net Worth 9.09%
  • Total Assets 13.80%

About Varunika Prints

Varunika Prints Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1995 and has a history of 29 years and ten months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Harshad Dyeing And Printing Mills Private Limited. 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 9.90 Cr and a paid-up capital of Rs 9.45 Cr.

The company currently has active open charges totaling ₹36.94 Cr. The company has closed loans amounting to ₹19.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipul Desai, Aditya Desai, and Param Desai serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1995PTC025309

  • Company No.

    025309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Media and Publishing

Who are the key members and board of directors at Varunika Prints?

Executive Team (1)

Name Designation Appointment Date Status
Vipul Desai Country flag representing In Managing Director 18-Nov-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Param Desai Country flag representing In Director 15-Feb-2021 Current
Aditya Desai Country flag representing In Director 27-Dec-2019 Current

Financial Performance of Varunika Prints.

Varunika Prints Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.44% increase. The company also saw a substantial improvement in profitability, with a 31.72% increase in profit. The company's net worth moved up by a moderate rise of 9.09%.

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
19.44%
Revenue from Operations
21.49%
Total Assets
13.80%
Profit or Loss
31.72%
Net Worth
9.09%
EBITDA
28.67%

What is the Ownership and Shareholding Structure of Varunika Prints?

In 2023, Varunika Prints had a promoter holding of 99.30% and a public holding of 0.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.94 Cr

Satisfied Charges

₹19.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 35.26 Cr
  • Sidbi : 1.68 Cr

Latest Charge Details

Date Lender Amount Status
12 Jan 2024 Sidbi ₹1.68 Cr Open
08 Dec 2021 Others ₹1.34 Cr Open
24 Feb 2021 Others ₹0.43 M Open
30 Jan 2020 Others ₹16.94 Cr Open
29 Jan 2020 Others ₹16.94 Cr Open

How Many Employees Work at Varunika Prints?

Varunika Prints has a workforce of 116 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varunika Prints, 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 Varunika Prints'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 Varunika Prints

Recent activity within the organization

  • Annual General Meeting

    Varunika Prints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varunika Prints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.68 Cr with Charge ID 100852713 was registered on 12 Jan 2024.

    12 Jan 2024

  • Charges

    A charge with Others of Rs. 16.94 Cr registered on 30 Jan 2020 with Charge ID 100322767 was modified on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge with Others of Rs. 16.94 Cr registered on 29 Jan 2020 with Charge ID 100322769 was modified on 18 Oct 2023.

    18 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 1.34 Cr with Charge ID 100513545 was registered on 08 Dec 2021.

    08 Dec 2021

Frequently asked questions

  • Varunika Prints Private Limited was incorporated on 03 Apr 1995.

  • The authorized share capital of Varunika Prints Private Limited is ₹ 9.90 Cr and paid-up capital is ₹ 9.45 Cr.

  • Currently 3 directors are associated with Varunika Prints Private Limited.

    • Vipul Kiritbhai Desai
    • Aditya Vipulbhai Desai
    • Param Vipulkumar Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varunika Prints Private Limited is Blockno 300/301 Plot No 8Village : Tatitaiya Ta Palsana India, Surat, Gujarat, 395010.

  • The corporate identification number (CIN) of Varunika Prints Private Limited is U17110GJ1995PTC025309 and the company number is 025309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varunika Prints Private Limited is https://www.varunikaprints.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varunika Prints Private Limited has risen by 19.44%.

  • As Per 2023 financial reports, 116 employees are currently employed by Varunika Prints Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varunika Prints Private Limited has experienced an upsurge of 9.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varunika Prints Private Limited amount to ₹ 36.94 Cr.

  • The most recent Balance Sheet for Varunika Prints Private Limited was filed with the ROC on 31 Mar 2024.

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