Varna Coats Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore North, Karnataka, India, established in 2010.
2010 Bangalore North, Karnataka, India Active
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About Varna Coats Private Limited

Varna Coats Private Limited, a active private limited company, was established on 22 October 2010 in Bangalore North, Karnataka, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24100KA2010PTC055617. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹9.00 Cr and a paid-up capital of ₹9.00 Cr.

It upholds a compliant status. Employing 114 professional, Its leadership includes Homma Chinnaswamy Sathyanarayana (Whole-Time Director), Pradeep Mathad (Whole-Time Director), Krishna Rao Nagarajarao (Managing Director). Past directors included Homma Chinnaswamy Sathyanarayana, Pradeep Mathad, Krishna Rao Nagarajarao. It holds ₹16.29 Cr open charges and ₹55.09 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 37, 4Th Main Road, 3Rd Phase, Peenya Industrial Area,, Bangalore North, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24100KA2010PTC055617

  • Registration Number

    055617

  • Incorporation Date

    22 October 2010

  • Authorized Capital

    ₹9.00 Cr

  • Paid-Up Capital

    ₹9.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.29 Cr
  • Satisfied Charges ₹ 55.09 Cr
  • Revenue Growth **** 37.72%
  • Profit Growth **** 109.27%
  • Ebitda **** 89.30%
  • Net Worth 22.74%
  • Total Assets **** 10.30%
Company report

Varna Coats Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Varna Coats 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 Varna Coats Private Limited?
Current Directors
Name Designation Appointment Date Status
Homma Chinnaswamy Sathyanarayana Whole-Time Director 22 Oct 2010 Current
Pradeep Mathad Whole-Time Director 22 Oct 2010 Current
Krishna Rao Nagarajarao Managing Director 22 Oct 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 01 Apr 2011 Past

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Financial Performance of Varna Coats.

Varna Coats Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.72% increase. The company also saw a substantial improvement in profitability, with a 109.27% increase in profit. The company's net worth Soared by an impressive increase of 22.74%.

Varna Coats revenue growth over time
Varna Coats profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 37.72%
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Revenue from Operations
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 37.78%
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Total Assets
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 10.30%
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Profit or Loss
*******
 109.27%
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Net Worth
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 22.74%
*******
*******
*******
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EBITDA
*******
 89.30%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Varna Coats?

In 2023, Varna Coats 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹162,900,000.00

Satisfied Charges

₹550,900,000.00

Charges Breakdown by Lending Institutions
  • Others : 55.09 Cr
Latest Charge Details
Date Lender Amount Status
11 Nov 2021 Others ₹16.29 Cr Satisfied
21 Mar 2014 Others ₹38.80 Cr Satisfied

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How Many Employees Work at Varna Coats?

Varna Coats has a workforce of 114 employees as of Apr 01, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varna Coats, 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 Varna Coats'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.

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Latest Updates, News, and FAQs on Varna Coats
Recent Activity within the Organization
  • Charges

    A charge registered on 11 Nov 2021 via Charge ID 100504533 with Others was fully satisfied on 16 Aug 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Varna Coats Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

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

  • Charges

    The activity A charge with Others of Rs. 16.29 Cr registered on 11 Nov 2021 with Charge ID 100504533 was modified on 14 Dec 2021. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 16.29 Cr with Charge ID 100504533 was registered on 11 Nov 2021. was completed.

  • Charges

    The activity A charge registered on 21 Mar 2014 via Charge ID 10493127 with Others was fully satisfied on 15 Apr 2021. was completed.

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Frequently Asked Questions
What is the CIN of Varna Coats Private Limited?

The CIN of Varna Coats Private Limited is U24100KA2010PTC055617.

Where is Varna Coats Private Limited headquartered?

Varna Coats Private Limited is headquartered at No. 37, 4Th Main Road, 3Rd Phase, Peenya Industrial Area,, Bangalore North, Karnataka, 560058.

When was Varna Coats Private Limited incorporated?

Varna Coats Private Limited was incorporated on 22 October 2010.

Who are the current directors of Varna Coats Private Limited?

The current directors of Varna Coats Private Limited are

What is the primary industry of Varna Coats Private Limited?

The primary industry of Varna Coats Private Limited is Manufacturing.

Is Varna Coats Private Limited a listed company?

Varna Coats Private Limited is unlisted.

What is the capital structure of Varna Coats Private Limited?

The authorized capital of Varna Coats Private Limited is ₹9.00 Cr, and the paid-up capital is ₹9.00 Cr.

What is the compliance status of Varna Coats Private Limited?

The compliance status of Varna Coats Private Limited is Compliant.

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