About Vardaan Contracts Private Limited
Data last updated:
Vardaan Contracts Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 29 January 2003.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2003PTC118712. Its GSTIN is 06AACCV0070E1ZT (Haryana). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Naveen Puri and Anita Puri.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. 44 – 48 Shop At Plot No. – 48 Block – B Matiala Extn. Uttam Nagar, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2019, the company reported a revenue of ₹85.31 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹3.09 Cr (net margin -362.6%) and EBITDA of -₹3.08 Cr (EBITDA margin -361.6%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 38% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.25 Cr on record. Court records list 16 cases involving the company, including 16 filed against it. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in May 2014.
The last known website on record is vardaancontracts.com.
Company details
Contact details
Vardaan Contracts Private Limited's registered office is in New Delhi, Delhi. Its website is vardaancontracts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 44 – 48 Shop At Plot No. – 48 Block – B Matiala Extn. Uttam Nagar, New Delhi, Delhi, India – 110059
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Vardaan Contracts 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
Business activity
The main business activity of Vardaan Contracts is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Vardaan Contracts Private Limited, buy the company report.
Financials of Vardaan Contracts Private Limited
FY 2019 filings availableVardaan Contracts Private Limited reported revenue of ₹85.31 Lakh (down 67% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 67% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹3.08 Cr | ||||
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| Net Profit (PAT) | -₹3.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -361.6% | ||||
| Net Profit Margin | -362.6% | ||||
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To see the full financial statements and ratios of Vardaan Contracts Private Limited, buy the company report.
Board of directors of Vardaan Contracts Private Limited
Vardaan Contracts has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Puri | Additional Director | 01 Jan 2014 | 12 Years 9 Months | As last reported |
| Naveen Puri | Director | 29 Jan 2003 | 23 Years 9 Months | As last reported |
Auditor
Vardaan Contracts Private Limited is audited by CHHABRA PRASAD & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHABRA PRASAD & CO. | FY 2017 | 096325 |
Shareholding
The shareholding of Vardaan Contracts Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vardaan Contracts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2014 | 10514791 | Deutsche Bank Ag | ₹1.25 Cr | Satisfied | |
| 10 Oct 2009 | 10188473 | State Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Vardaan Contracts Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Vardaan Contracts Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in May 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2009 | Funding round | ₹4 Lakh | Investors: 3 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vardaan Contracts Private Limited has 16 court cases on record: 16 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Shatabdi Switchgear Pvt Ltd | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Brij Industries | Disposed |
| District court, South West, Delhi | Court case (EX CIVIL) | Filed against the company by M/S B.M. Pipes Pvt. Ltd. | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Vardaan Contracts 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 Vardaan Contracts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vardaan Contracts Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Vardaan Contracts has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCV0070E1ZT | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vardaan Contracts Private Limited, buy the company report.
Recent activity
Vardaan Contracts Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Shashi Puri ceased to be Director on 15 Mar 2017.
1 earlier event is in the company report.
Frequently asked questions
Vardaan Contracts is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Vardaan Contracts is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 29 January 2003 and is registered under CIN U31909DL2003PTC118712. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vardaan Contracts has 2 current directors:
- Anita Puri - Additional Director
- Naveen Puri - Director
The latest financial statements of Vardaan Contracts on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vardaan Contracts is U31909DL2003PTC118712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardaan Contracts has no open charges and satisfied charges of ₹2.25 Cr as per latest MCA filings.
Vardaan Contracts has 16 court cases on record: 16 filed against it.
Vardaan Contracts was incorporated on 29 January 2003. It is registered with the Registrar of Companies, Delhi.
Vardaan Contracts has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Lakh; the latest was in May 2014.
Shashi Puri ceased to be Director on 15 Mar 2017. Shivcharan Kumar Puri ceased to be Additional Director on 15 Mar 2017. Anita Puri was appointed as Additional Director on 01 Jan 2014. Vardaan Contracts has 5 board changes on record in total.