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Varroc Polymers Limited - Company Profile

It is a automotive public limited company based in Aurangabad, Maharashtra, India, established in 1995.

1995 | Aurangabad, Maharashtra, India | Amalgamated
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About Varroc Polymers Limited

Varroc Polymers Limited, a amalgamated public limited company, was established on 20 June 1995 in Aurangabad, Maharashtra, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U25209MH1995PLC090037. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.49 Cr and a paid-up capital of ₹5.29 M.

Formerly known as Varroc Polymers Private Limited, Mouldcraft (Hindustan) Private Limited. It upholds a compliant status. Employing 1,843 professional, Its leadership includes Arjun Tarang Jain (Whole-Time Director), Marc Szulewicz (Director), Vinish Kathuria (Director). Past directors included Arjun Tarang Jain, Marc Szulewicz, Neeraj Jain. It holds ₹603.50 Cr open charges and ₹499.65 Cr settled loans. Its latest AGM occurred on 12 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. L-4, Midc, Waluj,, Aurangabad, Maharashtra, 431136.

Company Details

  • CIN/LLPIN

    U25209MH1995PLC090037

  • Registration Number

    090037

  • Incorporation Date

    20 June 1995

  • Authorized Capital

    ₹5.49 Cr

  • Paid-Up Capital

    ₹5.29 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 5.49 Cr
  • Paid Up Capital ₹ 5.29 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 603.50 Cr
  • Satisfied Charges ₹ 499.65 Cr
  • Revenue Growth 13.99%
  • Profit Growth -314.11%
  • Ebitda 43.88%
  • Net Worth -12.48%
  • Total Assets 18.25%
Company report

Varroc Polymers Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varroc Polymers 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 Varroc Polymers Limited?

Current Directors

NameDesignationAppointment DateStatus
Arjun Tarang JainWhole-Time Director14 Nov 2022Current
Marc SzulewiczDirector13 Nov 2018Current
Vinish KathuriaDirector13 Nov 2018Current
Vidyadhar Madhukar LimayeWhole-Time Director14 Nov 2022Current
Tarang Naresh JainManaging Director28 Jun 1995Current
Gautam Premnath KhandelwalDirector24 Mar 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director14 Nov 2022Past
Pramod AbcsddAdditional Director09 Aug 2019Past
Pramod AbcsddWhole-Time Director20 Jul 2018Past
Pramod AbcsddDirector10 Nov 2020Past
Pramod AbcsddWhole-Time Director04 Nov 2022Past
Pramod AbcsddNominee Director07 May 2018Past

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Financial Performance of Varroc Polymers.

Varroc Polymers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.99% increase. The company also saw a substantial fall in profitability, with a 314.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.48%.

Varroc Polymers revenue growth over time
Varroc Polymers 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
13.99%
Revenue from Operations
11.34%
Total Assets
18.25%
Profit or Loss
-314.11%
Net Worth
-12.48%
EBITDA
43.88%

What is the Ownership and Shareholding Structure of Varroc Polymers?

In 2023, Varroc Polymers 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

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Charges (Loans)

Open Charges

₹6,035,000,000.00

Satisfied Charges

₹4,996,488,151.00

Charges Breakdown by Lending Institutions

  • Others : 170.00 Cr
  • Corporation Bank : 124.50 Cr
  • The Saraswat Co-Operative Bank Ltd. : 67.35 Cr
  • Hdfc Bank Limited : 51.50 Cr
  • Idbi Bank Limited : 40.60 Cr
  • Others : 45.70 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2021Standard Chartered Bank₹10.00 CrSatisfied
30 Dec 2020Hdfc Bank Limited₹50.00 CrSatisfied
22 Jun 2020Others₹50.00 CrSatisfied
01 Feb 2018Others₹50.00 CrSatisfied
24 Mar 2017Others₹50.00 CrSatisfied

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How Many Employees Work at Varroc Polymers?

Varroc Polymers has a workforce of 1843 employees as of Apr 06, 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 Varroc Polymers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varroc Polymers, 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 Varroc Polymers'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 Varroc Polymers

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 23 Apr 2021 via Charge ID 100444065 with Standard Chartered Bank was fully satisfied on 16 Dec 2024. was documented.

  • Annual General Meeting

    The activity Varroc Polymers Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge registered on 09 Jan 2003 via Charge ID 90158083 with Others was fully satisfied on 04 Jun 2024. was completed.

  • Balance Sheet

    Progress on Varroc Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    The activity A charge registered on 30 Aug 1996 via Charge ID 90156402 with The Maharstra State Financial Corporaiton was fully satisfied on 02 Mar 2024. was completed.

  • Charges

    Progress on A charge registered on 06 Jan 2001 via Charge ID 90155254 with Bharat Overseas Bank Limited was fully satisfied on 01 Mar 2024. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Varroc Polymers Limited?

    The CIN of Varroc Polymers Limited is U25209MH1995PLC090037.

  • Where is Varroc Polymers Limited headquartered?

    Varroc Polymers Limited is headquartered at Plot No. L-4, Midc, Waluj,, Aurangabad, Maharashtra, 431136.

  • When was Varroc Polymers Limited incorporated?

    Varroc Polymers Limited was incorporated on 20 June 1995.

  • Who are the current directors of Varroc Polymers Limited?

    The current directors of Varroc Polymers Limited are

  • What is the primary industry of Varroc Polymers Limited?

    The primary industry of Varroc Polymers Limited is Manufacturing.

  • Is Varroc Polymers Limited a listed company?

    Varroc Polymers Limited is unlisted.

  • What is the capital structure of Varroc Polymers Limited?

    The authorized capital of Varroc Polymers Limited is ₹5.49 Cr, and the paid-up capital is ₹5.29 M.

  • What is the compliance status of Varroc Polymers Limited?

    The compliance status of Varroc Polymers Limited is Compliant.

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