Varya Tech Profile
Key Indicators
- Authorised Capital ₹ 4.90 Cr
as on 12-12-2024
- Paid Up Capital ₹ 4.25 Cr
as on 12-12-2024
- Company Age 46 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.67 Cr
as on 12-12-2024
- Satisfied Charges ₹ 13.85 Cr
as on 12-12-2024
- Revenue 35.60%
(FY 2024)
- Profit 18.31%
(FY 2024)
- Ebitda 22.40%
(FY 2024)
- Net Worth 0.65%
(FY 2024)
- Total Assets -2.25%
(FY 2024)
About Varya Tech
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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 and Corporate Structure Insights 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 LimitedActive 14 years 4 monthsGeorge Mathew and Nikhil Mathew are mutual person
N.T.S. Private LimitedActive 34 years 7 monthsGeorge Mathew, Nikhil Mathew and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 09 Dec 2022 | ₹4.00 Cr | Open |
Hdfc Bank Limited Creation Date: 03 Dec 2022 | ₹4.53 M | Open |
Hdfc Bank Limited Creation Date: 03 Dec 2022 | ₹4.53 M | 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.
