Variac Systems Private Limited Company Logo

Variac Systems Private Limited - Company Profile

It is a engineering private limited company based in Chennai, Tamil Nadu, India, established in 1996.

1996 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Variac Systems Private Limited

Variac Systems Private Limited, a active private limited company, was established on 26 September 1996 in Chennai, Tamil Nadu, India. Engaging in engineering design & consultancy within the professional, scientific and technical sector, it holds CIN: U72300TN1996PTC036639. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.41 M.

It upholds a compliant status. Its leadership includes Sumithra Srikant (Director), Srikant Sitaraman (Director). It holds no open charges and ₹1.70 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New 29 Old 11 Venus Colony 2Nd Street 4B Kadayamsri, Alwarpet, Chennai, Tamil Nadu, 600018.

Company Details

  • CIN/LLPIN

    U72300TN1996PTC036639

  • Registration Number

    036639

  • Incorporation Date

    26 September 1996

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.41 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.41 M
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.70 Cr
  • Revenue Growth -41.68%
  • Profit Growth -463.49%
  • Ebitda -40.82%
  • Net Worth -0.31%
  • Total Assets 3.02%
Company report

Variac Systems Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Variac Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Variac Systems Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sumithra SrikantDirector15 Sep 2000Current
Srikant SitaramanDirector26 Sep 1996Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Variac Systems.

Variac Systems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.68% decrease. The company also saw a substantial fall in profitability, with a 463.49% decrease in profit. The company's net worth dipped by a decrease of 0.31%.

Variac Systems revenue growth over time
Variac Systems 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
-41.68%
Revenue from Operations
-41.09%
Total Assets
3.02%
Profit or Loss
-463.49%
Net Worth
-0.31%
EBITDA
-40.82%

What is the Ownership and Shareholding Structure of Variac Systems?

In 2021, Variac Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17,000,000.00

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.20 Cr
  • Standard Chartered Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2011Standard Chartered Bank₹5.00 MSatisfied
31 Oct 1996Punjab National Bank₹1.20 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Variac Systems?

Unlock and access historical data on people associated with Variac Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Variac Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Variac Systems, 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 Variac Systems'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 Variac Systems

Recent Activity within the Organization

  • Annual General Meeting

    Variac Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Variac Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    A charge registered on 22 Jun 2011 via Charge ID 10294847 with Standard Chartered Bank was fully satisfied on 17 Oct 2012. was recorded as a recent event.

  • Charges

    A charge registered on 31 Oct 1996 via Charge ID 90286238 with Punjab National Bank was fully satisfied on 13 Sep 2012. was recorded as a recent event.

  • Charges

    The activity A charge with Standard Chartered Bank amounted to Rs. 5.00 M with Charge ID 10294847 was registered on 22 Jun 2011. was completed.

  • Director Appointment

    Progress on Sumithra Srikant was appointed as a Director was appointed as a Director on 15 Sep 2000 & has been associated with this company since 25 years 2 months . was documented.

Frequently Asked Questions

  • What is the CIN of Variac Systems Private Limited?

    The CIN of Variac Systems Private Limited is U72300TN1996PTC036639.

  • Where is Variac Systems Private Limited headquartered?

    Variac Systems Private Limited is headquartered at New 29 Old 11 Venus Colony 2Nd Street 4B Kadayamsri, Alwarpet, Chennai, Tamil Nadu, 600018.

  • When was Variac Systems Private Limited incorporated?

    Variac Systems Private Limited was incorporated on 26 September 1996.

  • Who are the current directors of Variac Systems Private Limited?

    The current directors of Variac Systems Private Limited are

  • What is the primary industry of Variac Systems Private Limited?

    The primary industry of Variac Systems Private Limited is Professional, Scientific And Technical.

  • Is Variac Systems Private Limited a listed company?

    Variac Systems Private Limited is unlisted.

  • What is the capital structure of Variac Systems Private Limited?

    The authorized capital of Variac Systems Private Limited is ₹1.50 M, and the paid-up capital is ₹1.41 M.

  • What is the compliance status of Variac Systems Private Limited?

    The compliance status of Variac Systems Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial