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Varada Leasing And Investments Limited - Company Profile

It is a financial services public limited company based in Kumta, Karnataka, India, established in 1993.

1993 | Kumta, Karnataka, India | Under Liquidation
Last Updated:

About Varada Leasing And Investments Limited

Varada Leasing And Investments Limited, a under liquidation public limited company, was established on 21 January 1993 in Kumta, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U85110KA1993PLC013917. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹6.53 M.

It upholds a compliant status. Its leadership includes Sudhir Pandith (Director), Shivadutt Bannanje (Irp/Rp/Liquidator), Sharada Mohan Shetty (Director). Past directors included Prabhakar Keshav Shetty, Vittal Subraya Shetty, Sudhir Pandith. Its latest AGM occurred on 29 September 2023, with the balance sheet filed on 31 March 2023. It is based at K V Shetty Complexnellikeri Kumta, Kumta, Karnataka.

Company Details

  • CIN/LLPIN

    U85110KA1993PLC013917

  • Registration Number

    013917

  • Incorporation Date

    21 January 1993

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹6.53 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.53 M
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 790.34%
  • Profit Growth 198.12%
  • Ebitda 92.78%
  • Net Worth 40.70%
  • Total Assets -0.69%
Company report

Varada Leasing And Investments Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varada Leasing And Investments 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 Varada Leasing And Investments Limited?

Current Directors

NameDesignationAppointment DateStatus
Sudhir PandithDirector21 Jan 1993Current
Shivadutt BannanjeIrp/Rp/Liquidator20 May 2024Current
Sharada Mohan ShettyDirector29 Sep 2010Current
Venkatraman Shetty GovindManaging Director01 Jan 2004Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Mar 2016Past
Pramod AbcsddDirector15 Mar 2016Past
Pramod AbcsddDirector14 Mar 2016Past
Pramod AbcsddDirector24 Aug 2013Past
Pramod AbcsddDirector15 Mar 2016Past
Pramod AbcsddDirector10 Mar 2016Past

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Financial Performance of Varada Leasing And Investments.

Varada Leasing And Investments Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 790.34% increase. The company also saw a substantial improvement in profitability, with a 198.12% increase in profit. The company's net worth Soared by an impressive increase of 40.7%.

Varada Leasing And Investments revenue growth over time
Varada Leasing And Investments profit and loss trends over time
  • 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
790.34%
Revenue from Operations
-5.93%
Total Assets
-0.69%
Profit or Loss
198.12%
Net Worth
40.70%
EBITDA
92.78%

What is the Ownership and Shareholding Structure of Varada Leasing And Investments?

In 2017, Varada Leasing And Investments had a promoter holding of 71.09% and a public holding of 28.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Varada Leasing And Investments?

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Employee growth trends for Varada Leasing And Investments Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varada Leasing And Investments, 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 Varada Leasing And Investments's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

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Latest Updates, News, and FAQs on Varada Leasing And Investments

Recent Activity within the Organization

  • Director Appointment

    Shivadutt Bannanje was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 20 May 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Varada Leasing And Investments Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Varada Leasing And Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was documented.

  • Director Appointment

    Sharada Mohan Shetty was appointed as a Director was appointed as a Director on 29 Sep 2010 & has been associated with this company since 15 years 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Venkatraman Shetty Govind was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2004 & has been associated with this company since 21 years 11 months . was completed.

  • Director Appointment

    Sudhir Pandith was appointed as a Director was appointed as a Director on 21 Jan 1993 & has been associated with this company since 32 years 10 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Varada Leasing And Investments Limited?

    The CIN of Varada Leasing And Investments Limited is U85110KA1993PLC013917.

  • Where is Varada Leasing And Investments Limited headquartered?

    Varada Leasing And Investments Limited is headquartered at K V Shetty Complexnellikeri Kumta, Kumta, Karnataka.

  • When was Varada Leasing And Investments Limited incorporated?

    Varada Leasing And Investments Limited was incorporated on 21 January 1993.

  • Who are the current directors of Varada Leasing And Investments Limited?

    The current directors of Varada Leasing And Investments Limited are

  • What is the primary industry of Varada Leasing And Investments Limited?

    The primary industry of Varada Leasing And Investments Limited is Financial And Insurance Service.

  • Is Varada Leasing And Investments Limited a listed company?

    Varada Leasing And Investments Limited is unlisted.

  • What is the capital structure of Varada Leasing And Investments Limited?

    The authorized capital of Varada Leasing And Investments Limited is ₹2.00 Cr, and the paid-up capital is ₹6.53 M.

  • What is the compliance status of Varada Leasing And Investments Limited?

    The compliance status of Varada Leasing And Investments Limited is Compliant.

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