Varalakshmi Automobiles Private Limited Company Logo

Varalakshmi Automobiles Private Limited - Company Profile

It is a automotive private limited company based in Nellore, Andhra Pradesh, India, established in 2007.

2007 | Nellore, Andhra Pradesh, India | Active
Last Updated:

About Varalakshmi Automobiles Private Limited

Varalakshmi Automobiles Private Limited, a active private limited company, was established on 12 February 2007 in Nellore, Andhra Pradesh, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U34103AP2007PTC052720. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.00 M.

It upholds a compliant status. Employing 31 professional, Its leadership includes Balaji Natakala (Whole-Time Director), Grande Nagabhaskar (Whole-Time Director), Sivakumar Konda (Whole-Time Director). Past directors included Satyanarayana Konda, Balaji Natakala, Grande Nagabhaskar. It holds ₹21.10 Cr open charges and ₹12.40 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 5/344/5, Nsr Complex, Stonehousepet, Nellore, Andhra Pradesh, 524002.

Company Details

  • CIN/LLPIN

    U34103AP2007PTC052720

  • Registration Number

    052720

  • Incorporation Date

    12 February 2007

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.00 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.00 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.10 Cr
  • Satisfied Charges ₹ 12.40 Cr
  • Revenue Growth 49.54%
  • Profit Growth 47.36%
  • Ebitda -28.73%
  • Net Worth 15.36%
  • Total Assets 36.80%
Company report

Varalakshmi Automobiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varalakshmi Automobiles 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 Varalakshmi Automobiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Balaji NatakalaWhole-Time Director01 Apr 2009Current
Grande NagabhaskarWhole-Time Director01 Apr 2009Current
Sivakumar KondaWhole-Time Director12 Feb 2007Current
Vivekananda KondaManaging Director12 Feb 2007Current
Konda RamprasadManaging Director12 Feb 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector03 Jul 2018Past
Pramod AbcsddDirector03 Jul 2018Past
Pramod AbcsddDirector03 Jul 2018Past
Pramod AbcsddDirector03 Jul 2018Past
Pramod AbcsddDirector03 Jul 2018Past
Pramod AbcsddDirector01 Nov 2013Past

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Financial Performance of Varalakshmi Automobiles.

Varalakshmi Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.54% increase. The company also saw a substantial improvement in profitability, with a 47.36% increase in profit. The company's net worth Soared by an impressive increase of 15.36%.

Varalakshmi Automobiles revenue growth over time
Varalakshmi Automobiles 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
49.54%
Revenue from Operations
48.92%
Total Assets
36.80%
Profit or Loss
47.36%
Net Worth
15.36%
EBITDA
-28.73%

What is the Ownership and Shareholding Structure of Varalakshmi Automobiles?

In 2023, Varalakshmi Automobiles had a promoter holding of 62.50% and a public holding of 37.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹211,000,000.00

Satisfied Charges

₹123,995,000.00

Charges Breakdown by Lending Institutions

  • Others : 11.10 Cr
  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2023Hdfc Bank Limited₹7.00 CrOpen
27 Oct 2021Hdfc Bank Limited₹3.00 CrOpen
01 Jul 2021Others₹3.00 CrOpen
10 May 2021Others₹4.00 CrOpen
23 Oct 2019Others₹4.10 CrOpen

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How Many Employees Work at Varalakshmi Automobiles?

Varalakshmi Automobiles has a workforce of 31 employees as of Nov 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Varalakshmi Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varalakshmi Automobiles, 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 Varalakshmi Automobiles'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 Varalakshmi Automobiles

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Varalakshmi Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Varalakshmi Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 18 Jul 2023 with Charge ID 100764244 was modified on 31 Aug 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100764244 was registered on 18 Jul 2023. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 27 Oct 2021 with Charge ID 100508233 was modified on 15 Dec 2021. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100508233 was registered on 27 Oct 2021. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Varalakshmi Automobiles Private Limited?

    The CIN of Varalakshmi Automobiles Private Limited is U34103AP2007PTC052720.

  • Where is Varalakshmi Automobiles Private Limited headquartered?

    Varalakshmi Automobiles Private Limited is headquartered at 5/344/5, Nsr Complex, Stonehousepet, Nellore, Andhra Pradesh, 524002.

  • When was Varalakshmi Automobiles Private Limited incorporated?

    Varalakshmi Automobiles Private Limited was incorporated on 12 February 2007.

  • Who are the current directors of Varalakshmi Automobiles Private Limited?

    The current directors of Varalakshmi Automobiles Private Limited are

  • What is the primary industry of Varalakshmi Automobiles Private Limited?

    The primary industry of Varalakshmi Automobiles Private Limited is Trade.

  • Is Varalakshmi Automobiles Private Limited a listed company?

    Varalakshmi Automobiles Private Limited is unlisted.

  • What is the capital structure of Varalakshmi Automobiles Private Limited?

    The authorized capital of Varalakshmi Automobiles Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.00 M.

  • What is the compliance status of Varalakshmi Automobiles Private Limited?

    The compliance status of Varalakshmi Automobiles Private Limited is Compliant.

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