MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-08-0004956
Varasi Air Products Private Limited
Varasi Air Products Private Limited - energy and power in Yerraguntla, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.15 Cr
▼ 10% YoY
Net profit · FY 2024
₹21.46 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹58.27 Lakh
EBITDA margin 11.3%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹4.75 Cr
Satisfied ₹3.84 Cr
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Varasi Air Products Private Limited
Data last updated:
Varasi Air Products Private Limited is a private limited company based in Yerraguntla, Andhra Pradesh, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 28 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40200AP2004PTC043769. Its GSTIN is 37AABCV8911H1Z5 (Andhra Pradesh).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Raghunadha Reddy Gillella (Managing Director) and Aparna Gillella.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5/110 Ramalayam Street, Yerraguntla, Andhra Pradesh, India – 516309.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.15 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹21.46 Lakh (net margin 4.2%) and EBITDA of ₹58.27 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹4.75 Cr and satisfied charges of ₹3.84 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 4 cases are pending.
Varasi Air Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-08-0004956). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40200AP2004PTC043769
Registration Number 043769
Incorporation Date 28 July 2004
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-08-0004956
Recognitions & Rankings of Varasi Air Products
Contact details
Varasi Air Products Private Limited's registered office is in Yerraguntla, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/110 Ramalayam Street, Yerraguntla, Andhra Pradesh, India – 516309
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Varasi Air Products Private Limited, buy the company report.
Comprehensive company report
Varasi Air Products Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Varasi Air Products is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Varasi Air Products Private Limited, buy the company report.
Financials of Varasi Air Products Private Limited
FY 2024 filings availableVarasi Air Products Private Limited reported revenue of ₹5.15 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹5.15 Cr ▼ 10%
Net profit · FY 2024
₹21.46 Lakh margin 4.2%
EBITDA · FY 2024
₹58.27 Lakh margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 21%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.46 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varasi Air Products Private Limited, buy the company report.
Board of directors of Varasi Air Products Private Limited
Varasi Air Products has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunadha Reddy Gillella | Managing Director | 28 Jul 2004 | 22 Years 3 Months | Current |
| Aparna Gillella | Director | 30 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Varasi Air Products Private Limited is audited by SADHU GOPALA KRISHNA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SADHU GOPALA KRISHNA | FY 2023 | 022269 |
Shareholding
The shareholding of Varasi Air Products Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varasi Air Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.75 Cr
Satisfied charges
₹3.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101181540 | Others | ₹2 Cr | Open | |
| 06 Nov 2023 | 100873081 | Others | ₹20.65 Lakh | Open | |
| 21 Oct 2022 | 100626879 | Others | ₹80.74 Lakh | Open | |
| 11 Feb 2019 | 100240166 | Others | ₹35 Lakh | Open | |
| 30 Sep 2016 | 100464907 | Others | ₹24.79 Lakh | Open |
To see the full charge records of Varasi Air Products Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Varasi Air Products Private Limited has 10 court cases on record: 10 filed against it. 4 cases are pending and 6 are disposed.
Total cases
10
Filed against the company
10
Pending
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed against the company by The State of Andhra Pradesh, Rep. by Drugs Inspector, Nellore. | Pending |
| High Court, ANDHRAPRADESH | Court case (MACMA) | Filed against the company by an individual | Pending |
| High Court of Andhra Pradesh | Court case (MACMA) | Filed against the company by Bajaj Allianz General Insurance Co. Ltd. | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed against the company by Ap State Drugs Inspector, Nellore | Pending |
| District court, Nellore, Andhra Pradesh | Criminal case | Filed against the company by Ap State | Disposed |
To see the full case history of Varasi Air Products 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 Varasi Air Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varasi Air Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCV8911H1Z5 | Andhra Pradesh | Active | 30 Nov 2017 |
To see the full GST registrations and return filing status of Varasi Air Products Private Limited, buy the company report.
Recent activity
Varasi Air Products Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Raghunadha Reddy Gillella ceased to be Director on 31 Mar 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 101181540 was registered on 28 Oct 2025.
Charges
A charge registered on 28 Oct 2024 via Charge ID 101011180 with City Union Bank Limited was fully satisfied on 23 Oct 2025.
Charges
A charge with City Union Bank Limited amounted to Rs. 114.00 Lakh with Charge ID 101011180 was registered on 28 Oct 2024.
AGM
Varasi Air Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varasi Air Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 20.65 Lakh with Charge ID 100873081 was registered on 06 Nov 2023.
Ceased
Raghunadha Reddy Gillella ceased to be Director.
Charges
A charge with Others amounted to Rs. 80.74 Lakh with Charge ID 100626879 was registered on 21 Oct 2022.
Charges
A charge registered on 23 Aug 2012 via Charge ID 10371973 with Andhra Pradesh State Financial Corporation was fully satisfied on 15 Dec 2020.
Charges
A charge registered on 29 May 2012 via Charge ID 10358372 with Andhra Pradesh State Financial Corporation was fully satisfied on 15 Dec 2020.
Charges
A charge registered on 10 Apr 2010 via Charge ID 10215657 with Andhra Pradesh State Financial Corporation was fully satisfied on 15 Dec 2020.
Charges
A charge registered on 30 Nov 2005 via Charge ID 90259236 with A.P. State Financial Corporation was fully satisfied on 15 Dec 2020.
16 earlier events are in the company report.
Frequently asked questions
Varasi Air Products is an active private limited company based in Yerraguntla, Andhra Pradesh, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 28 July 2004 (22+ years old) and is registered under CIN U40200AP2004PTC043769.
Varasi Air Products has 2 current directors:
- Raghunadha Reddy Gillella - Managing Director
- Aparna Gillella - Director
The latest financial statements of Varasi Air Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Varasi Air Products is 37AABCV8911H1Z5, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Varasi Air Products is U40200AP2004PTC043769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varasi Air Products has 10 court cases on record: 10 filed against it. 4 are pending. Most are in the district courts.
Varasi Air Products was incorporated on 28 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Vijayawada.
Raghunadha Reddy Gillella ceased to be Director on 31 Mar 2023. Vasudeva Reddy Konreddy ceased to be Director on 12 Nov 2020. Vijaya Lakshmi Konreddy ceased to be Director on 12 Nov 2020. Varasi Air Products has 5 board changes on record in total.
Yes, Varasi Air Products is registered as a small enterprise under Udyam registration (number: UDYAM-AP-08-0004956).
The registered office of Varasi Air Products is at 5110 Ramalayam Street, Yerraguntla, Andhra Pradesh, India – 516309.
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