Varunram Textiles Private Limited
Textile manufacturing and processing company specializing in cotton, silk, and other fibers.
1991 | Coimbatore, Tamil Nadu (India) | Active
Varunram Textiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.85 M
- Company Age 34 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth 10.22%
- Profit Growth -81.42%
- Ebitda -40.96%
- Net Worth 3.32%
- Total Assets 1.92%
About Varunram Textiles
Varunram Textiles Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 January 1991 and has a history of 34 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Sri Akshaya Spinners (India) 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 2.00 M and a paid-up capital of Rs 0.85 M.
The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Balakrishnan Suganthi and Gopal Ramachandran serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1991PTC002997
- Company No.
002997
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Varunram Textiles Private Limited
Explore comprehensive data for Varunram Textiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varunram Textiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balakrishnan Suganthi  | Director | 09-Oct-2013 | Current |
| Gopal Ramachandran | Director | 07-May-2009 | Current |
Financial Performance of Varunram Textiles.
Varunram Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.22% increase. The company also saw a substantial fall in profitability, with a 81.42% decrease in profit. The company's net worth moved up by a moderate rise of 3.32%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Varunram Textiles?
In 2023, Varunram Textiles had a public 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)
- Sanjeev Spinners Private Limited
Gopal Ramachandran is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹15.00 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2014 | City Union Bank Limited | ₹1.50 Cr | Satisfied |
How Many Employees Work at Varunram Textiles?
Varunram Textiles has a workforce of 15 employees as of Apr 10, 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 Varunram Textiles, 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 Varunram Textiles'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 Varunram Textiles
Recent activity within the organization
- Annual General Meeting
Varunram Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Varunram Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 06 Jun 2014 via Charge ID 10504961 with City Union Bank Limited was fully satisfied on 15 May 2017.
- Charges
A charge with City Union Bank Limited amounted to Rs. 15.00 M with Charge ID 10504961 was registered on 06 Jun 2014.
- Director Appointment
Balakrishnan Suganthi was appointed as a Director was appointed as a Director on 09 Oct 2013 & has been associated with this company since 11 years 6 months .
- Director Appointment
Gopal Ramachandran was appointed as a Director was appointed as a Director on 07 May 2009 & has been associated with this company since 16 years 1 day .
Frequently asked questions
What is the Incorporation or founding date of Varunram Textiles Private Limited?
Varunram Textiles Private Limited was incorporated on 03 Jan 1991.
What is authorized share capital and paid-up capital of Varunram Textiles Private Limited?
The authorized share capital of Varunram Textiles Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.85 M.
Who are the current board members & directors of Varunram Textiles Private Limited?
Currently 2 directors are associated with Varunram Textiles Private Limited.
- Balakrishnan Suganthi
- Gopal Ramachandran
What is the registered address of Varunram Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varunram Textiles Private Limited is Sf No.70/A, Chinnapappanuthu Vilamarathupatti Post India, Udumalpet, Tamil Nadu, 642126.
What is the corporate identification number (CIN) and company number of Varunram Textiles Private Limited?
The corporate identification number (CIN) of Varunram Textiles Private Limited is U17111TZ1991PTC002997 and the company number is 002997 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Varunram Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Varunram Textiles Private Limited has risen by 10.22%.
How many employees does Varunram Textiles Private Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Varunram Textiles Private Limited.
What change has been observed in the net worth of Varunram Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Varunram Textiles Private Limited has experienced an upsurge of 3.32%.
When was the last Balance Sheet of Varunram Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Varunram Textiles Private Limited was filed with the ROC on 31 Mar 2024.
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