About Varia Engineering Works Private Limited
Data last updated:
Varia Engineering Works Private Limited is a private limited company based in Ahmedabad, Gujarat, 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 industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 14 February 2000.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32109GJ2000PTC037360. Its GSTIN is 24AABCV0396G2ZE (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹176 Cr and a paid-up capital of ₹175.72 Cr. It is led by directors Prafulchandra Punjalal Varia (Whole-Time Director) and Himanshu Prafulchandra Varia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 2005 Phase IV G I D C Vatva, Ahmedabad, Gujarat, India – 382442.
As per the financials filed for FY 2015, the company reported a revenue of ₹269.03 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹48.99 Cr (net margin -18.2%) and EBITDA of -₹28.71 Cr (EBITDA margin -10.7%).
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,009.11 Cr and satisfied charges of ₹352.72 Cr on record. Court records list 67 cases involving the company, including 14 filed by the company and 53 filed against it; 4 cases are pending.
The last known website on record is variacoldrolling.com.
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- Registered Address2005 Phase IV G I D C Vatva, Ahmedabad, Gujarat, India – 382442
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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
- One PDF report, delivered after checkout
Financials of Varia Engineering Works Private Limited FY 2015 filings available
Varia Engineering Works Private Limited reported revenue of ₹269.03 Cr (down 78% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Varia Engineering Works Private Limited
Revenue fell 78% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Varia Engineering Works Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹269.03 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹28.71 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹48.99 Cr |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of Varia Engineering Works Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -10.7% |
| Net Profit Margin | -18.2% |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varia Engineering Works are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Varia Engineering Works Private Limited
Varia Engineering Works Private Limited is audited by PIPARA & CO LLP for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIPARA & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Varia Engineering Works Private Limited
Varia Engineering Works has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prafulchandra Punjalal Varia Also directs: Varia Alloys Private Limited | Whole-Time Director | 14 Feb 2000 | 26 Years 8 Months | As last reported |
| Himanshu Prafulchandra Varia Also directs: Varia Alloys Private Limited | Whole-Time Director | 14 Feb 2000 | 26 Years 8 Months | As last reported |
Ownership and Shareholding of Varia Engineering Works Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Varia Engineering Works Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2014 | Kotak Mahindra Prime Limited | ₹4 Cr | Open |
| 16 Sep 2013 | Canara Bank | ₹20 Cr | Open |
| 11 Apr 2013 | Punjab National Bank | ₹35 Cr | Open |
| 03 Jan 2013 | Bank of India | ₹5 Cr | Open |
| 29 Sep 2012 | Intec Capital Limited | ₹5 Cr | Open |
Total charge records: 25 View all charges
Legal Cases of Varia Engineering Works Private Limited
Varia Engineering Works Private Limited has 67 court cases on record: 14 filed by Varia Engineering Works, 53 filed against it. 4 cases are pending and 63 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 48 | 4 |
| High courts | 4 | 4 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Prime Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Canbank Factors Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE S) | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Canbank Factors Limited | Disposed |
Full case history
All 67 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Varia Engineering Works Private Limited
Varia Engineering Works Private Limited has a workforce of 45 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Varia Engineering Works Private Limited
Varia Engineering Works Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Sejal Tapan Gajjar ceased to be Company Secretary on 30 Sep 2016.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varia Engineering Works Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Varia Engineering Works Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Varia Engineering Works Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Varia Engineering Works Private Limited
Varia Engineering Works has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV0396G2ZE | Gujarat | Active | 16 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varia Engineering Works Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varia Engineering Works Private Limited
Varia Engineering Works 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.
Varia Engineering Works is a company under liquidation, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 14 February 2000 and is registered under CIN U32109GJ2000PTC037360. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Varia Engineering Works reported revenue of ₹269.03 Cr for FY 2015 (down 78% YoY).
Varia Engineering Works has 2 current directors:
- Prafulchandra Punjalal Varia - Whole-Time Director
- Himanshu Prafulchandra Varia - Whole-Time Director
Varia Engineering Works reported a net loss of ₹48.99 Cr (net margin -18.2%) and EBITDA of -₹28.71 Cr (EBITDA margin -10.7%) for FY 2015, as per its filed financial statements.
The CIN (Corporate Identification Number) of Varia Engineering Works is U32109GJ2000PTC037360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varia Engineering Works has open charges of ₹1,009.11 Cr and satisfied charges of ₹352.72 Cr as per latest MCA filings.
Varia Engineering Works has 67 court cases on record: 14 filed by the company and 53 filed against it. 4 are pending. Most are in the district courts.
Varia Engineering Works was incorporated on 14 February 2000. It is registered with the Registrar of Companies, Ahmedabad.
Sejal Tapan Gajjar ceased to be Company Secretary on 30 Sep 2016. Sejal Himanshu Varia ceased to be Director on 31 May 2014. Himanshu Prafulchandra Varia was appointed as Whole-Time Director on 14 Feb 2000. Varia Engineering Works has 4 board changes on record in total.