Varaha Money Private Limited
About Varaha Money Private Limited
Data last updated:
Varaha Money Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 19 March 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2014PTC095543. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Viswanatha Chettiar Nagendran and Subbiah Ramesh Kumar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Old No.62 New No.281 Arcot Road Virugambakkam, Chennai, Tamil Nadu, India – 600092.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.03 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹81,682 (net margin -40.1%) and EBITDA of -₹75,132 (EBITDA margin -36.9%).
Company details
Contact details
Varaha Money Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No.62 New No.281 Arcot Road Virugambakkam, Chennai, Tamil Nadu, India – 600092
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Varaha Money Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Varaha Money is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Varaha Money Private Limited
FY 2017 filings availableVaraha Money Private Limited reported revenue of ₹2.03 Lakh (up 319% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 319% in the latest year. EBITDA fell 184% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.03 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹75,132 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹81,682 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -36.9% | ||
| Net Profit Margin | -40.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Varaha Money Private Limited, buy the company report.
Board of directors of Varaha Money Private Limited
Varaha Money has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viswanatha Chettiar Nagendran | Director | 19 Mar 2014 | 12 Years 7 Months | As last reported |
| Subbiah Ramesh Kumar Also directs: Elfin E-Com Private Limited | Director | 19 Mar 2014 | 12 Years 7 Months | As last reported |
Peer comparison
Varaha Money Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JPL Retails Private Limited | ₹2.04 Lakh (FY 2024) | 28.0% | Pune, Maharashtra, India | |||
| Horizon Suppliers Private Limited | ₹2.04 Lakh (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Shashi Sales and Marketing Private Limited | ₹2.04 Lakh (FY 2019) | -50.0% | New Delhi, Delhi, India | |||
| Shoptriangle Private Limited | ₹2.04 Lakh (FY 2024) | 315.0% | Prayagraj, Uttar Pradesh, India | |||
| Jvon Marketing Private Limited | ₹2.03 Lakh (FY 2024) | -74.0% | Mohali, Punjab, India | |||
| Varaha Money Private Limitedthis company | ₹2.03 Lakh (FY 2017) | -₹81,682 | -40.1% | 319.0% | Chennai, Tamil Nadu, India | |
| Karry Broadband Private Limited | ₹2.03 Lakh (FY 2025) | -77.0% | Rohtas, Bihar, India | |||
| Gmas Technologies Private Limited | ₹2.03 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| Spas Pharmaceutical Private Limited | ₹2.03 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Jay and Jay Dehydro Foods Private Limited | ₹2.03 Lakh (FY 2024) | 8115.0% | Bangalore, Karnataka, India | |||
| Technogile Solutions Private Limited | ₹2.03 Lakh (FY 2022) | 89.0% | New Delhi, Delhi, India |
To see the full peer comparison of Varaha Money Private Limited, buy the company report.
Auditor
Varaha Money Private Limited is audited by R PRABHU for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R PRABHU | FY 2017 | 222613 |
Shareholding
The shareholding of Varaha Money Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varaha Money Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varaha Money Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varaha Money Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varaha Money has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Varaha Money Private Limited, buy the company report.
Recent activity
Varaha Money Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Vijayan Deepak ceased to be Director on 09 Mar 2017.
Frequently asked questions
Varaha Money has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Varaha Money was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 19 March 2014 and is registered under CIN U74900TN2014PTC095543. The company has been struck off by the Registrar of Companies and is no longer operational.
Varaha Money had 2 directors:
- Viswanatha Chettiar Nagendran - Director
- Subbiah Ramesh Kumar - Director
The CIN (Corporate Identification Number) of Varaha Money is U74900TN2014PTC095543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Varaha Money is at Old No.62 New No.281 Arcot Road Virugambakkam, Chennai, Tamil Nadu, India – 600092.
Varaha Money was incorporated on 19 March 2014. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Varaha Money on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Varaha Money has 1 GST registration on record and it is cancelled or inactive.
Varaha Money operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Varaha Money by revenue are JPL Retails Private Limited, Horizon Suppliers Private Limited, Shashi Sales and Marketing Private Limited, Shoptriangle Private Limited, Jvon Marketing Private Limited and 5 more, all in the same principal business activity (retail trading).
Vijayan Deepak ceased to be Director on 09 Mar 2017. Subbiah Ramesh Kumar was appointed as Director on 19 Mar 2014. Viswanatha Chettiar Nagendran was appointed as Director on 19 Mar 2014.
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