Varad Apparels Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2000.
2000 Mumbai, Maharashtra, India Active
Last Updated:
About Varad Apparels Private Limited

Varad Apparels Private Limited, a active private limited company, was established on 12 October 2000 in Mumbai, Maharashtra, India. Engaging in footwear retail & distribution within the manufacturing sector, it holds CIN: U52320MH2000PTC129123. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Shantanu Madhav Agasti (Director), Rahul Madhav Agasti (Director), Mrunal Madhav Agasti (Director). It holds ₹2.89 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Aryston Centre, Juhu Road,, Juhu, Mumbai, Maharashtra,, Mumbai, Maharashtra, 400049.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U52320MH2000PTC129123

  • Registration Number

    129123

  • Incorporation Date

    12 October 2000

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.89 Cr
  • Revenue Growth **** 115.60%
  • Profit Growth ****143.16%
  • Ebitda **** -1939.31%
  • Net Worth 1.89%
  • Total Assets ****141.03%
Company report

Varad Apparels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Varad Apparels 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 Varad Apparels Private Limited?
Current Directors
Name Designation Appointment Date Status
Shantanu Madhav Agasti Director 15 Feb 2001 Current
Rahul Madhav Agasti Director 15 Feb 2001 Current
Mrunal Madhav Agasti Director 12 Oct 2000 Current
Madhav Laxman Agasti Director 12 Oct 2000 Current

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Financial Performance of Varad Apparels.

Varad Apparels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 115.6% increase. The company also saw a substantial improvement in profitability, with a 143.16% increase in profit. The company's net worth moved up by a moderate rise of 1.89%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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115.60%
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*******
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Revenue from Operations
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14.35%
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*******
*******
Total Assets
*******
141.03%
*******
*******
*******
*******
Profit or Loss
*******
143.16%
*******
*******
*******
*******
Net Worth
*******
1.89%
*******
*******
*******
*******
EBITDA
*******
-1939.31%
*******
*******
*******
*******
What is the Ownership and Shareholding Structure of Varad Apparels?

In 2022, Varad Apparels had a public 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

₹28,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 2.89 Cr
Latest Charge Details
Date Lender Amount Status
29 Jun 2024 Others ₹2.89 Cr Open

Explore comprehensive loan charge details -

How Many Employees Work at Varad Apparels?

Unlock and access historical data on people associated with Varad Apparels, 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 Varad Apparels, 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 Varad Apparels'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.

Latest Updates, News, and FAQs on Varad Apparels
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 28.90 M with Charge ID 100952514 was registered on 29 Jun 2024. was documented.

  • Annual General Meeting

    Progress on Varad Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    Varad Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Shantanu Madhav Agasti was appointed as a Director was appointed as a Director on 15 Feb 2001 & has been associated with this company since 24 years 11 months . was recorded as a recent event.

  • Director Appointment

    Progress on Rahul Madhav Agasti was appointed as a Director was appointed as a Director on 15 Feb 2001 & has been associated with this company since 24 years 11 months . was documented.

  • Director Appointment

    Mrunal Madhav Agasti was appointed as a Director was appointed as a Director on 12 Oct 2000 & has been associated with this company since 25 years 3 months . was recorded as a recent event.

Frequently Asked Questions
What is the CIN of Varad Apparels Private Limited?

The CIN of Varad Apparels Private Limited is U52320MH2000PTC129123.

Where is Varad Apparels Private Limited headquartered?

Varad Apparels Private Limited is headquartered at Aryston Centre, Juhu Road,, Juhu, Mumbai, Maharashtra,, Mumbai, Maharashtra, 400049.

When was Varad Apparels Private Limited incorporated?

Varad Apparels Private Limited was incorporated on 12 October 2000.

Who are the current directors of Varad Apparels Private Limited?

The current directors of Varad Apparels Private Limited are

What is the primary industry of Varad Apparels Private Limited?

The primary industry of Varad Apparels Private Limited is Manufacturing.

Is Varad Apparels Private Limited a listed company?

Varad Apparels Private Limited is unlisted.

What is the capital structure of Varad Apparels Private Limited?

The authorized capital of Varad Apparels Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Varad Apparels Private Limited?

The compliance status of Varad Apparels Private Limited is Compliant.

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