About Varuna Electric
Varuna Electric is a company based in Ahmedabad (India) founded in 1935 was acquired by Kirloskar Oil Engines in September 2022. The company has 411 employees as of April 09, 2024.
- Headquarter Ahmedabad, India
- Employees 411 as on 09 Apr, 2024
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name La-Gajjar Machineries Pvt. Ltd
- Jurisdiction Sanand, Gujarat, India
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Annual Revenue
$69.5 M (USD)2.31as on Mar 31, 2023
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Net Profit
$548.44 K (USD)187.04as on Mar 31, 2023
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EBITDA
$2.75 M (USD)230.83as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
411
as on Apr 09, 2024
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Acquired by
Kirloskar Oil Engines
(Sep 28, 2022)
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People of Varuna Electric
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Funding Insights of Varuna Electric
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Investors in Varuna Electric
Varuna Electric has secured backing from 1 investor. Prominent investors backing the company include Kirloskar Oil Engines.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manufacturer of air and liquid-cooled diesel engines & generator sets
|
Locked | Locked | Locked |
Investor details for Varuna Electric
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Investments & Acquisitions by Varuna Electric
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Financial Statements - Varuna Electric
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Varuna Electric Comparisons
Peer comparison for Varuna Electric
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Competitors of Varuna Electric
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Latest news on Varuna Electric
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Frequently Asked Questions about Varuna Electric
Varuna Electric was founded in 1935.
Varuna Electric is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Yusuf Ikbal is the current CEO of Varuna Electric.
As of Apr 09, 2024, the latest employee count at Varuna Electric is 411.
Annual revenue of Varuna Electric is $69.5M as on Mar 31, 2023.
Varuna Electric was founded in 1935 and is headquartered in Ahmedabad, India. Operations focus on the manufacturing and exporting of submersible and monoblock pumps within the industrial equipment sector. Products are distributed across India and international markets, with recognition established for reliability in performance. Leadership includes roles such as Managing Director, Owner, and CEO, supporting global outreach.
Varuna Electric has 1 investor. Key investors include Kirloskar Oil Engines.