Varkari Exim Private Limited
About Varkari Exim Private Limited
Data last updated:
Varkari Exim Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 August 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC082284. Its GSTIN is 29AAFCV2506G1ZD (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Prasanna Lakshmi Veluri and Saraswathy Pillutla.
Its last annual general meeting (AGM) was held on 24 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at P.No.54/130 Nelagulli Bangalore South, Karnataka, India – 560082.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.12 Lakh. For the same year it recorded a net loss of ₹5.01 Lakh (net margin -98%) and EBITDA of -₹5.01 Lakh (EBITDA margin -98%).
Company details
Contact details
Varkari Exim Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressP.No.54/130 Nelagulli Bangalore South, Karnataka, India – 560082
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Varkari Exim is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Varkari Exim Private Limited, buy the company report.
Financials of Varkari Exim Private Limited
FY 2018 filings availableVarkari Exim Private Limited reported revenue of ₹5.12 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹5.01 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.01 Lakh | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -98% | ||
| Net Profit Margin | -98% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Varkari Exim Private Limited, buy the company report.
Board of directors of Varkari Exim Private Limited
Varkari Exim has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Lakshmi Veluri | Director | 05 Sep 2018 | 8 Years 1 Months | As last reported |
| Saraswathy Pillutla | Director | 14 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Varkari Exim Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cadilac Tradelinks Private Limited | ₹5.15 Lakh (FY 2024) | -81.0% | Agra, Uttar Pradesh, India | |||
| Mim Biz World Private Limited | ₹5.15 Lakh (FY 2024) | Udaipur, Rajasthan, India | ||||
| Varkari Exim Private Limitedthis company | ₹5.12 Lakh (FY 2018) | -₹5.01 Lakh | -98% | Bangalore, Karnataka, India | ||
| GPJ Enterprises Private Limited | ₹5.1 Lakh (FY 2024) | -68.0% | Begusarai, Bihar, India | |||
| Asg Mumbai Enterprise Private Limited | ₹5.05 Lakh (FY 2018) | Mumbai, Maharashtra, India |
To see the full peer comparison of Varkari Exim Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varkari Exim Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varkari Exim Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varkari Exim has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV2506G1ZD | Karnataka | Active | 25 Dec 2017 |
To see the full GST registrations and return filing status of Varkari Exim Private Limited, buy the company report.
Recent activity
Varkari Exim Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Harikrishna Pillutla ceased to be Director on 05 Sep 2018.
Frequently asked questions
Varkari Exim has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Varkari Exim was a private limited company based in Bangalore, Karnataka, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 August 2015 and is registered under CIN U72200KA2015PTC082284. The company has been struck off by the Registrar of Companies and is no longer operational.
Varkari Exim had 2 directors:
- Prasanna Lakshmi Veluri - Director
- Saraswathy Pillutla - Director
The CIN (Corporate Identification Number) of Varkari Exim is U72200KA2015PTC082284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Varkari Exim is at P.No.54130 Nelagulli Bangalore South, Karnataka, India – 560082.
Varkari Exim was incorporated on 14 August 2015. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Varkari Exim on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 September 2018. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Varkari Exim is 29AAFCV2506G1ZD, registered in Karnataka.
Varkari Exim operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
The peers of Varkari Exim by revenue are Cadilac Tradelinks Private Limited, Mim Biz World Private Limited, GPJ Enterprises Private Limited, Asg Mumbai Enterprise Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Harikrishna Pillutla ceased to be Director on 05 Sep 2018. Prasanna Lakshmi Veluri was appointed as Director on 05 Sep 2018. Saraswathy Pillutla was appointed as Director on 14 Aug 2015.