About
Basic Data Updated:
18 days agoVarroc Engineering Limited is known for its manufacturing and trading of auto components, as stated by its credit rating. A wide range of products are offered by the company, including automotive lighting, plastic molded parts, electrical components, forgings, and the engine valve business. VEL is a proud member of the Varroc Group. With its presence in Europe, North America, and China, the company has established a strong global presence.
Industry
Company Details
- Location
Aurangabad, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Varroc Engineering Limited
Automotive Seats
Lighting Controllers
Automotive Lights
Auto Camshaft
Financials of Varroc Engineering Limited
Varroc Engineering Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
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Corporate Structure
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People in Varroc Engineering Limited
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Executive Team (3)
Tarang Jain
Managing DirectorAppointment Date: 11-May-1988
Status: Current
Ajay Sharma Company SecretaryAppointment Date: 13-Feb-2020
Status: Current
MK
Mahendra Kumar CFOAppointment Date: 28-Sep-2022
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 02 Nov 2023 | ₹100.00 Cr | Open |
Others Creation Date: 16 Oct 2023 | ₹250.00 Cr | Open |
Others Creation Date: 21 Mar 2023 | ₹100.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Varroc Polymers Limited
Active
28 years 10 months Tarang Jain, Gautam Khandelwal and 3 more are mutual person
Varroc Dell'Orto Private Limited
Active 5 years 3 months Tarang Jain and Arjun Jain are mutual person
Recent activity within the organization
Charges
A charge registered on 29 Apr 1991 via Charge ID 90228406 with Central Bank Of India was fully satisfied on 07 Mar 2024.
07 Mar 2024Charges
A charge registered on 11 Jul 2001 via Charge ID 90143485 with Canara Bank was fully satisfied on 06 Mar 2024.
06 Mar 2024Charges
A charge registered on 25 Sep 1999 via Charge ID 90226989 with Bank Of Baroda was fully satisfied on 05 Mar 2024.
05 Mar 2024Charges
A charge registered on 27 Mar 1998 via Charge ID 90226961 with Bank Of India was fully satisfied on 04 Mar 2024.
04 Mar 2024Charges
A charge registered on 25 Apr 1990 via Charge ID 90231701 with Central Bank Of India was fully satisfied on 01 Mar 2024.
01 Mar 2024
Recent News, Updates & Announcement
AmpIn Energy to set up 33 MW solar plant in Maharashtra signs pact with Varroc.Moneycontrol 21 Sep 2023
- Varroc Engineering jumps 12 on Q1 profit debt reduction.
Moneycontrol 10 Aug 2023
- Varroc Engineering Ltd Sees Q4 Profit Boost from Car Sales Plans 5 Billion Rupee Debenture Issue Amid Chip Shortage Easing and Strong Demand for Car Parts Analysts Recommend Buying Stock Alongside Competitors Sona BLW Motherson Sumi and Lumax Industries JanMarch Stock Performance Impressive carparts profit analystssaybuy chipshortage debentures.
Varroc Engineering Ltd makes profit in Q4 thanks to car sales Board wants to issue 5 billion rupees in debentures Chip shortage eased demand for car parts up Varroc had revenue growth but net loss in past quarters Twowheeler segment slowed due to exports and rural demand Analysts say buy Varroc stock but also check out Sona BLW Motherson Sumi and Lumax Industries Stock performance good in JanMarch carparts profit analystssaybuy chipshortage debentures.
Zawya 23 May 2023
- India Ratings Assigns Varroc Polymers Bank Loans IND AStable.
India Ratings and Research 12 Apr 2023
Frequently asked questions
What is the Incorporation or founding date of Varroc Engineering Limited?
