Varalakshmi Agencies Private Limited
About Varalakshmi Agencies Private Limited
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Varalakshmi Agencies Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 01 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U70100AP2014PTC095422. Its GSTIN is 37AAFCV1753M1ZW (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.08 Cr. It was formerly known as Sriven Ventures Private Limited. It is led by directors Thasulu Mani and Suresh Babu Chintapalli.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vijayawada, Andhra Pradesh.
As per the financials filed for FY 2021, the company reported a revenue of ₹41.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.43 Lakh (net margin 15.5%) and EBITDA of -₹34.57 Lakh (EBITDA margin -83.5%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹2.99 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Varalakshmi Agencies Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressTripuraneni Habitat 59 – 1 – 3 4F – 5A Siddhartha Nagar Gayatri Nagar Christu, Rajpuram, Vijayawada, Andhra Pradesh, India – 520010
- IndustryManufacturing, Construction Materials
To see the full contact details of Varalakshmi Agencies 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
Financials of Varalakshmi Agencies Private Limited
FY 2023 filings availableVaralakshmi Agencies Private Limited reported revenue of ₹41.42 Lakh (up 439% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 439% growth 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.42 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹34.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.5% | ||||
| Net Profit Margin | 15.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Varalakshmi Agencies Private Limited, buy the company report.
Board of directors of Varalakshmi Agencies Private Limited
Varalakshmi Agencies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thasulu Mani Also directs: Spartek Ceramics India Limited, Carbyne Spartek Private Limited | Director | 14 Jul 2015 | 11 Years 3 Months | Current |
| Suresh Babu Chintapalli | Additional Director | 10 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Varalakshmi Agencies Private Limited is audited by R SUNDARARAMAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R SUNDARARAMAN & CO | FY 2021 | 004219S |
Shareholding
The shareholding of Varalakshmi Agencies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varalakshmi Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2018 | 100182601 | Others | ₹2.99 Cr | Satisfied |
To see the full charge records of Varalakshmi Agencies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varalakshmi Agencies Private Limited has 2 court cases on record: 1 filed by Varalakshmi Agencies, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (COMPA) | Filed by the company | Disposed |
| High Court of Andhra Pradesh | Revision petition | Filed against the company | Disposed |
To see the full case history of Varalakshmi Agencies 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 Varalakshmi Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varalakshmi Agencies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCV1753M1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AAFCV1753M1Z4 | Tamil Nadu | Active | 13 Apr 2018 |
To see the full GST registrations and return filing status of Varalakshmi Agencies Private Limited, buy the company report.
Recent activity
Varalakshmi Agencies Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Sattaiyappan Raja ceased to be Additional Director on 10 Nov 2021.
Frequently asked questions
Varalakshmi Agencies is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 01 October 2014 (12+ years old) and is registered under CIN U70100AP2014PTC095422.
Varalakshmi Agencies has 2 current directors:
- Thasulu Mani - Director
- Suresh Babu Chintapalli - Additional Director
The latest financial statements of Varalakshmi Agencies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Varalakshmi Agencies is 37AAFCV1753M1ZW, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCV1753M1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Varalakshmi Agencies is U70100AP2014PTC095422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varalakshmi Agencies has 2 court cases on record: 1 filed by the company and 1 filed against it.
Varalakshmi Agencies was incorporated on 01 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sattaiyappan Raja ceased to be Additional Director on 10 Nov 2021. Suresh Babu Chintapalli was appointed as Additional Director on 10 Nov 2021. Ramasami Ananthakrishnan ceased to be Director on 04 Feb 2021. Varalakshmi Agencies has 7 board changes on record in total.
The registered office of Varalakshmi Agencies is at Tripuraneni Habitat 59 – 1 – 3 4F – 5A Siddhartha Nagar Gayatri Nagar Christu, Rajpuram, Vijayawada, Andhra Pradesh, India – 520010.
Varalakshmi Agencies operates in the manufacturing industry, in the construction materials segment.