Varya Tech Profile
Key Indicators
- Authorised Capital ₹ 4.90 Cr
- Paid Up Capital ₹ 4.25 Cr
- Company Age 46 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.67 Cr
- Satisfied Charges ₹ 13.85 Cr
- Revenue Growth 35.60%
- Profit Growth 18.31%
- Ebitda 22.40%
- Net Worth 0.65%
- Total Assets -2.25%
About Varya Tech
Varya Tech Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1978 and has a history of 46 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Norinco Private Limited. The Company is engaged in the Machinery And Equipment 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 4.90 Cr and a paid-up capital of Rs 4.25 Cr.
The company currently has active open charges totaling ₹15.67 Cr. The company has closed loans amounting to ₹13.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
George Mathew, Nikhil Mathew, and Meena Mathew serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1978PTC020508
- Company No.
020508
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1978
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Varya Tech Private Limited offer?
Varya Tech Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Drills, Grinders, Saws & Power Tools, Electric Cutting Tools, Carts, Dollies & Trolleys, Industrial Carts, Software Development & IT Consultant, Integration Support Service, Thermometers & Flowmeters, Flow Meter.
Who are the key members and board of directors at Varya Tech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
George Mathew  | Director | 26-Jul-1988 | Current |
| Nikhil Mathew | Director | 01-Aug-2013 | Current |
| Meena Mathew | Director | 23-Sep-1994 | Current |
Financial Performance of Varya Tech.
Varya Tech Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 35.6% increase. The company also saw a substantial improvement in profitability, with a 18.31% increase in profit. The company's net worth moved up by a moderate rise of 0.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varya Tech?
In 2024, Varya Tech had a promoter holding of 86.36% and a public holding of 13.65%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maritime Montering Norinco India Private LimitedGeorge Mathew and Nikhil Mathew are mutual person
Kongsberg Maritime India Private LimitedGeorge Mathew is a mutual person
N.T.S. Private LimitedGeorge Mathew, Nikhil Mathew and 1 more are mutual person
- Syncrolift Private Limited
Nikhil Mathew is a mutual person
- Tahir Properties Limited
Meena Mathew is a mutual person
Charges (Loans)
Open Charges
₹15.67 Cr
Satisfied Charges
₹13.85 Cr
Charges Breakdown by Lending Institutions
- Others : 10.37 Cr
- Hdfc Bank Limited : 5.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2022 | Hdfc Bank Limited | ₹4.00 Cr | Open |
| 03 Dec 2022 | Hdfc Bank Limited | ₹4.53 M | Open |
| 03 Dec 2022 | Hdfc Bank Limited | ₹4.53 M | Open |
| 27 Oct 2022 | Hdfc Bank Limited | ₹3.94 M | Open |
| 14 Dec 2016 | Others | ₹10.37 Cr | Open |
How Many Employees Work at Varya Tech?
Varya Tech has a workforce of 129 employees as of Dec 12, 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 Varya Tech, 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 Varya Tech'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 Varya Tech
Recent activity within the organization
- Annual General Meeting
Varya Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Varya Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 27 Mar 2006 via Charge ID 80022015 with Bank Of India was fully satisfied on 09 May 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 09 Dec 2022 with Charge ID 100655320 was modified on 15 Apr 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100655320 was registered on 09 Dec 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100656027 was registered on 03 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Varya Tech Private Limited?
Varya Tech Private Limited was incorporated on 20 Jul 1978.
What is authorized share capital and paid-up capital of Varya Tech Private Limited?
The authorized share capital of Varya Tech Private Limited is ₹ 4.90 Cr and paid-up capital is ₹ 4.25 Cr.
Who are the current board members & directors of Varya Tech Private Limited?
Currently 3 directors are associated with Varya Tech Private Limited.
- George Mathew
- Nikhil Mathew
- Meena Mathew
What is the registered address of Varya Tech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varya Tech Private Limited is 301-302 Orbit Plaza New Prabhadevi Marg Behind Chaitanya Tower, India, Mumbai, Maharashtra, 400025.
What is the corporate identification number (CIN) and company number of Varya Tech Private Limited?
The corporate identification number (CIN) of Varya Tech Private Limited is U99999MH1978PTC020508 and the company number is 020508 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varya Tech Private Limited?
The Official website of Varya Tech Private Limited is https://www.norinco.co.in
What has been the recent revenue trend for Varya Tech Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Varya Tech Private Limited has risen by 35.60%.
How many employees does Varya Tech Private Limited currently have?
As Per 2024 financial reports, 129 employees are currently employed by Varya Tech Private Limited.
What change has been observed in the net worth of Varya Tech Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Varya Tech Private Limited has experienced an upsurge of 0.65%.
What are the total open charges for Varya Tech Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Varya Tech Private Limited amount to ₹ 15.67 Cr.
When was the last Balance Sheet of Varya Tech Private Limited filed with the ROC?
The most recent Balance Sheet for Varya Tech Private Limited was filed with the ROC on 31 Mar 2024.
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