Varman Aviation Private Limited Company Logo

Varman Aviation Private Limited - Company Profile

It is a transport and logistics private limited company based in Bangalore, Karnataka, India, established in 1994.

1994 | Bangalore, Karnataka, India | Active
Last Updated:

About Varman Aviation Private Limited

Varman Aviation Private Limited, a active private limited company, was established on 20 July 1994 in Bangalore, Karnataka, India. Engaging in aircraft & component manufacturing within the professional, scientific and technical sector, it holds CIN: U62200KA1994PTC015955. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.57 Cr.

It upholds a compliant status. Employing 32 professional, Its leadership includes Neena Raj (Managing Director), Alavalapati Veerabhadra Reddy (Managing Director), Chelur Rangachar Ramanujachar (Director). Past directors included Alavalapati Veerabhadra Reddy, Chelur Rangachar Ramanujachar, Sanjeev Varman. It holds ₹9.95 Cr open charges and ₹14.46 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Aviation Complex, Epip, Plot No: 16 & 17, Road No: 7, Whitefield, Bangalore, Karnataka, 560066.

Company Details

  • CIN/LLPIN

    U62200KA1994PTC015955

  • Registration Number

    015955

  • Incorporation Date

    20 July 1994

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.57 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.57 Cr
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.95 Cr
  • Satisfied Charges ₹ 14.46 Cr
  • Revenue Growth 35.12%
  • Profit Growth 15.54%
  • Ebitda 8.24%
  • Net Worth 2.32%
  • Total Assets -16.23%
Company report

Varman Aviation Private Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at Varman Aviation Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Neena RajManaging Director06 Aug 1994Current
Alavalapati Veerabhadra ReddyManaging Director01 Jan 2002Current
Chelur Rangachar RamanujacharDirector01 Feb 2017Current
Sanjeev VarmanManaging Director16 Jun 1996Current
Navneet VarmanManaging Director20 Jul 1994Current
Kamala VarmanDirector12 Sep 2005Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Mar 2008Past
Pramod AbcsddDirector01 Dec 2014Past
Pramod AbcsddDirector31 Mar 2008Past
Pramod AbcsddDirector31 Mar 2008Past
Pramod AbcsddSecretary-Past
Pramod AbcsddSecretary-Past

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Financial Performance of Varman Aviation.

Varman Aviation Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 35.12% increase. The company also saw a substantial improvement in profitability, with a 15.54% increase in profit. The company's net worth moved up by a moderate rise of 2.32%.

Varman Aviation revenue growth over time
Varman Aviation 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
35.12%
Revenue from Operations
36.14%
Total Assets
-16.23%
Profit or Loss
15.54%
Net Worth
2.32%
EBITDA
8.24%

What is the Ownership and Shareholding Structure of Varman Aviation?

In 2021, Varman Aviation had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹99,500,000.00

Satisfied Charges

₹144,640,000.00

Charges Breakdown by Lending Institutions

  • Canara Bank : 9.95 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2023Canara Bank₹3.00 MOpen
23 Dec 2022Canara Bank₹6.50 MOpen
30 May 2009Canara Bank₹9.00 CrOpen
02 Feb 2006Canara Bank₹10.11 CrSatisfied
25 Sep 2005Hdfc Bank Ltd₹2.75 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Varman Aviation?

Varman Aviation has a workforce of 32 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Varman Aviation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varman Aviation, 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 Varman Aviation'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 Varman Aviation

Recent Activity within the Organization

  • Charges

    Progress on A charge with Canara Bank of Rs. 9.00 Cr registered on 30 May 2009 with Charge ID 10166979 was modified on 02 May 2025. was documented.

  • Annual General Meeting

    The activity Varman Aviation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Varman Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 100671156 was registered on 09 Jan 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.65 Cr with Charge ID 100671913 was registered on 23 Dec 2022. was documented.

  • Director Appointment

    Progress on Chelur Rangachar Ramanujachar was appointed as a Director was appointed as a Director on 01 Feb 2017 & has been associated with this company since 8 years 10 months . was documented.

Frequently Asked Questions

  • What is the CIN of Varman Aviation Private Limited?

    The CIN of Varman Aviation Private Limited is U62200KA1994PTC015955.

  • Where is Varman Aviation Private Limited headquartered?

    Varman Aviation Private Limited is headquartered at Aviation Complex, Epip, Plot No: 16 & 17, Road No: 7, Whitefield, Bangalore, Karnataka, 560066.

  • When was Varman Aviation Private Limited incorporated?

    Varman Aviation Private Limited was incorporated on 20 July 1994.

  • Who are the current directors of Varman Aviation Private Limited?

    The current directors of Varman Aviation Private Limited are

  • What is the primary industry of Varman Aviation Private Limited?

    The primary industry of Varman Aviation Private Limited is Professional, Scientific And Technical.

  • Is Varman Aviation Private Limited a listed company?

    Varman Aviation Private Limited is unlisted.

  • What is the capital structure of Varman Aviation Private Limited?

    The authorized capital of Varman Aviation Private Limited is ₹10.00 Cr, and the paid-up capital is ₹5.57 Cr.

  • What is the compliance status of Varman Aviation Private Limited?

    The compliance status of Varman Aviation Private Limited is Compliant.

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