Varunram Textiles Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.85 M
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- 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 one month. Its registered office is in Udumalpet, Tamil Nadu, India.
The Corporate was formerly known as Sree Mahalakshmi Spinners 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 2023. 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
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Location
Udumalpet, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17111TZ1991PTC002997
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Company No.
002997
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Jan 1991
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Varunram Textiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balakrishnan Suganthi
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Director | 09-Oct-2013 | Current |
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Gopal Ramachandran
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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%.
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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)
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Sanjeev Spinners Private LimitedGopal Ramachandran is a mutual person
Charges (Loans)
₹0
₹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.
