Vara Green Energy Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Ahmedabad, Gujarat, India, established in 1989.
1989 Ahmedabad, Gujarat, India Active
Last Updated:
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About Vara Green Energy Private Limited

Vara Green Energy Private Limited, a active private limited company, was established on 20 January 1989 in Ahmedabad, Gujarat, India. Engaging in electronic appliances retail & distribution within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100GJ1989PTC011804. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.76 Cr.

Formerly known as Shah Altube Private Limited. It upholds a compliant status. Its leadership includes Prakash Satyanarayan Jalan (Director), Mohit Prakash Jalan (Director). Past directors included Amita Ashok Desai. It holds ₹18.00 Cr open charges and ₹18.14 Cr settled loans. Its latest AGM occurred on 28 July 2025, with the balance sheet filed on 31 March 2025. It is based at I St Floor,Basant House,Nr Jain Temple B\H Post Office,Navrangpura, Ahmedabad, Gujarat, 380009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40100GJ1989PTC011804

  • Registration Number

    011804

  • Incorporation Date

    20 January 1989

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.76 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.76 Cr
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 18.00 Cr
  • Satisfied Charges ₹ 18.14 Cr
  • Revenue Growth **** -18.78%
  • Profit Growth **** -202.36%
  • Ebitda **** 538.93%
  • Net Worth -9.10%
  • Total Assets **** 35.66%
Company report

Vara Green Energy Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vara Green Energy Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vara Green Energy Private Limited?
Current Directors
Name Designation Appointment Date Status
Prakash Satyanarayan Jalan Director 17 Mar 2014 Current
Mohit Prakash Jalan Director 17 Mar 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Mar 2018 Past

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Financial Performance of Vara Green Energy.

Vara Green Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.78% decrease. The company also saw a substantial fall in profitability, with a 202.36% decrease in profit. The company's net worth dipped by a decrease of 9.1%.

Vara Green Energy revenue growth over time
Vara Green Energy profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -18.78%
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*******
*******
*******
Revenue from Operations
*******
 -20.60%
*******
*******
*******
*******
Total Assets
*******
 35.66%
*******
*******
*******
*******
Profit or Loss
*******
 -202.36%
*******
*******
*******
*******
Net Worth
*******
 -9.10%
*******
*******
*******
*******
EBITDA
*******
 538.93%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vara Green Energy?

In 2023, Vara Green Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹180,000,000.00

Satisfied Charges

₹181,390,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 18.00 Cr
  • Gujarat State Financial Corpn. : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
27 Oct 2020 State Bank Of India ₹18.00 Cr Satisfied
14 Aug 1991 Gujarat State Financial Corpn. ₹1.39 M Satisfied

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How Many Employees Work at Vara Green Energy?

Unlock and access historical data on people associated with Vara Green Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vara Green Energy, 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 Vara Green Energy's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Vara Green Energy
Recent Activity within the Organization
  • Charges

    A charge registered on 27 Oct 2020 via Charge ID 100381803 with State Bank Of India was fully satisfied on 04 Oct 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Vara Green Energy Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Vara Green Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India of Rs. 18.00 Cr registered on 27 Oct 2020 with Charge ID 100381803 was modified on 21 Jul 2022. was completed.

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100381803 was registered on 27 Oct 2020. was recorded as a recent event.

  • Director Appointment

    Progress on Prakash Satyanarayan Jalan was appointed as a Director was appointed as a Director on 17 Mar 2014 & has been associated with this company since 11 years 11 months . was documented.

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Frequently Asked Questions
What is the CIN of Vara Green Energy Private Limited?

The CIN of Vara Green Energy Private Limited is U40100GJ1989PTC011804.

Where is Vara Green Energy Private Limited headquartered?

Vara Green Energy Private Limited is headquartered at I St Floor,Basant House,Nr Jain Temple B\H Post Office,Navrangpura, Ahmedabad, Gujarat, 380009.

When was Vara Green Energy Private Limited incorporated?

Vara Green Energy Private Limited was incorporated on 20 January 1989.

Who are the current directors of Vara Green Energy Private Limited?

The current directors of Vara Green Energy Private Limited are

What is the primary industry of Vara Green Energy Private Limited?

The primary industry of Vara Green Energy Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Vara Green Energy Private Limited a listed company?

Vara Green Energy Private Limited is unlisted.

What is the capital structure of Vara Green Energy Private Limited?

The authorized capital of Vara Green Energy Private Limited is ₹5.00 Cr, and the paid-up capital is ₹4.76 Cr.

What is the compliance status of Vara Green Energy Private Limited?

The compliance status of Vara Green Energy Private Limited is Compliant.

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