Varun Sacks Private Limited
About Varun Sacks Private Limited
Data last updated:
Varun Sacks Private Limited was a private limited company based in Nagpur, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the pipe and tubes segment of the manufacturing sector. It was incorporated on 21 October 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2009PTC196576. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.1 Lakh. It was led by directors Priyanka Aditya Agrawal (Whole-Time Director) and Aditya Govindlal Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at D – 40 Industrial Area MIDC Butibori, Nagpur, Maharashtra, India – 441122.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.44 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹30.82 Lakh (net margin -4.8%) and EBITDA of ₹52.12 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company had open charges of ₹4.15 Cr and satisfied charges of ₹2.46 Cr on record. Court records list 19 cases involving the company, including 1 filed by the company and 18 filed against it; 14 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹88.1 Lakh; the latest was in March 2018. Its 6 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Bhagirathi Polywin Private Limited with revenue of ₹6.54 Cr.
Company details
Contact details
Varun Sacks Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 40 Industrial Area MIDC Butibori, Nagpur, Maharashtra, India – 441122
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Varun Sacks 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 Varun Sacks is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Varun Sacks Private Limited, buy the company report.
Financials of Varun Sacks Private Limited
FY 2019 filings availableVarun Sacks Private Limited reported revenue of ₹6.44 Cr (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 5% growth in the latest year. EBITDA fell 41% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.82 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | -4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Varun Sacks Private Limited, buy the company report.
Board of directors of Varun Sacks Private Limited
Varun Sacks has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Aditya Agrawal | Whole-Time Director | 26 Aug 2013 | 13 Years 1 Months | As last reported |
| Aditya Govindlal Agrawal | Director | 26 Aug 2013 | 13 Years 1 Months | As last reported |
Peer comparison
Varun Sacks Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhagirathi Polywin Private Limited | ₹6.54 Cr (FY 2024) | 9.0% | Patiala, Punjab, India | |||
| Swastik Krushi Poly Pipes Private Limited | ₹6.54 Cr (FY 2025) | -41.0% | Ahmedabad, Gujarat, India | |||
| Energypipe Private Limited | ₹6.52 Cr (FY 2025) | 8.0% | Patna, Bihar, India | |||
| Varun Sacks Private Limitedthis company | ₹6.44 Cr (FY 2019) | -₹30.82 Lakh | -4.8% | 5.0% | Nagpur, Maharashtra, India | |
| Shaburi PVC Profile Private Limited | ₹6.43 Cr (FY 2025) | 179.0% | Ahmedabad, Gujarat, India | |||
| Tarun Electricals Private Limited | ₹6.4 Cr (FY 2024) | -23.0% | New Delhi, Delhi, India | |||
| Vostro Plast India Private Limited | ₹6.32 Cr (FY 2025) | 10.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Varun Sacks Private Limited, buy the company report.
Auditor
Varun Sacks Private Limited is audited by KHATRI & IYER for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHATRI & IYER | FY 2019 | 113433W |
Shareholding
The shareholding of Varun Sacks Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varun Sacks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2017 | 100085099 | Others | ₹4.15 Cr | Open | |
| 06 Sep 2014 | 10521703 | Bank of India | ₹2.46 Cr | Satisfied |
To see the full charge records of Varun Sacks Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Varun Sacks Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹88.1 Lakh; the latest was in March 2018.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vijay Agrawal HUF |
| Mar 2014 | Funding round | ₹88.1 Lakh | Investors: Aditya Agrawal HUF, 2 individuals |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Varun Sacks Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Varun Sacks Private Limited has 19 court cases on record: 1 filed by Varun Sacks, 18 filed against it. 14 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 14 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Vandana Enterprises Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Overseas Polymers Pvt Ltd | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Rassa Pipes Pvt. Ltd. | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ridam Impex Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
To see the full case history of Varun Sacks Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varun Sacks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varun Sacks 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 Varun Sacks Private Limited, buy the company report.
Recent activity
Varun Sacks Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Priyanka Aditya Agrawal ceased to be Director on 28 Sep 2016.
2 earlier events are in the company report.
Frequently asked questions
Varun Sacks has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Varun Sacks was a private limited company based in Nagpur, Maharashtra, India. The company worked in pipe and tubes, within the manufacturing industry. It was incorporated on 21 October 2009 and is registered under CIN U25209MH2009PTC196576. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Varun Sacks was incorporated on 21 October 2009. It is registered with the Registrar of Companies, Mumbai.
Varun Sacks had 2 directors:
- Priyanka Aditya Agrawal - Whole-Time Director
- Aditya Govindlal Agrawal - Director
The CIN (Corporate Identification Number) of Varun Sacks is U25209MH2009PTC196576. 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 Varun Sacks is at D – 40 Industrial Area MIDC Butibori, Nagpur, Maharashtra, India – 441122.
The latest financial statements of Varun Sacks on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Varun Sacks has 1 GST registration on record and it is cancelled or inactive.
Varun Sacks operated in the manufacturing industry, in the pipe and tubes segment.
Varun Sacks has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹88.1 Lakh; the latest was in March 2018.
The peers of Varun Sacks by revenue are Bhagirathi Polywin Private Limited, Swastik Krushi Poly Pipes Private Limited, Energypipe Private Limited, Shaburi PVC Profile Private Limited, Tarun Electricals Private Limited and 1 more, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).