About Varron Aluminiumm Private Limited
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Varron Aluminiumm Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2008PTC289939. Its GSTIN is 27AACCV7074J1ZW (Maharashtra).
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹27.87 Cr. It is led by directors Jaykumar Ramesh Varma and Ameya Kiran Phaltankar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Room No.1 Unit No. 605 6th Floor Raheja Chambers Nariman Point Mumbai Mh 400021, Maharashtra, India – 400021.
As per the financials filed for FY 2016, the company reported a revenue of ₹1,694.95 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹10.26 Cr (net margin 0.6%) and EBITDA of ₹58.15 Cr (EBITDA margin 3.4%).
As per MCA filings, the company has open charges of ₹27.3 Cr and satisfied charges of ₹228 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 5 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in December 2014. Its 6 peer companies in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Synergy Advanced Metals Limited with revenue of ₹1,998.26 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website varrongroup.com.
Company details
CIN history
Varron Aluminiumm has one previous CIN (Corporate Identification Number): U27310PN2008PTC131436. The current CIN is U27310MH2008PTC289939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310MH2008PTC289939 | Current |
| U27310PN2008PTC131436 | Previous |
Contact details
Varron Aluminiumm Private Limited's registered office is in Mumbai, Maharashtra. Its website is varrongroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressRoom No.1 Unit No. 605 6th Floor Raheja Chambers Nariman Point Mumbai Mh 400021, Maharashtra, India – 400021
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Varron Aluminiumm Private Limited, buy the company report.
- 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 Varron Aluminiumm is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Varron Aluminiumm Private Limited, buy the company report.
Financials of Varron Aluminiumm Private Limited
FY 2016 filings availableVarron Aluminiumm Private Limited reported revenue of ₹1,694.95 Cr (up 30% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year. EBITDA rose 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1,694.95 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹58.15 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10.26 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.4% | |
| Net Profit Margin | 0.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Varron Aluminiumm Private Limited, buy the company report.
Board of directors of Varron Aluminiumm Private Limited
Varron Aluminiumm has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaykumar Ramesh Varma | Additional Director | 03 Jul 2024 | 2 Years 3 Months | Current |
| Ameya Kiran Phaltankar Also directs: Cian Agro & Logistic Private Limited, Sec-One Infrastructure Private Limited, West Cost Media Concept Private Limited and 1 more | Additional Director | 27 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Varron Aluminiumm Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synergy Advanced Metals Limited | ₹1,998.26 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| JSW Steel (Salav) Limited | ₹1,820.21 Cr (FY 2019) | 27.0% | Anjar, Gujarat, India | |||
| Varron Aluminiumm Private Limitedthis company | ₹1,694.95 Cr (FY 2016) | ₹10.26 Cr | 0.6% | 30.0% | Mumbai, Maharashtra, India | |
| Bhagyanagar India Limited | ₹1,631.26 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Oro Precious Metals Private Limited | ₹1,630.64 Cr (FY 2025) | 50.0% | Navi Mumbai, Maharashtra, India | |||
| Sunalco Alloys Private Limited | ₹1,616.82 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Cmr-Toyotsu Aluminium India Private Limited | ₹1,604.8 Cr (FY 2025) | 16.0% | Palwal, Haryana, India |
To see the full peer comparison of Varron Aluminiumm Private Limited, buy the company report.
Shareholding
The shareholding of Varron Aluminiumm Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varron Aluminiumm Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2022 | 100575856 | Others | ₹27.3 Cr | Open | |
| 28 Mar 2013 | 10422154 | State Bank of India Industrial Finance Branch | ₹165 Cr | Satisfied | |
| 28 Jan 2010 | 10202906 | State Bank of India | ₹57 Cr | Satisfied | |
| 15 Sep 2008 | 10123012 | Bank of Maharashtra | ₹6 Cr | Satisfied |
To see the full charge records of Varron Aluminiumm Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Varron Aluminiumm Private Limited has 2 deals on record (2 acquisitions); the latest was in December 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Acquisition | ₹40 Cr | Buyer: an individual |
| Mar 2012 | Acquisition | ₹24.99 Cr | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Varron Aluminiumm Private Limited has 8 court cases on record: 8 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
| High courts | 1 | 1 | 1 |
Cases on record (4 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ismt Limited Through Balalsaheb Rakhmaji Gunjal | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Union of India Through A.K. Mahala-Income Tax Dept. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Govt. of India-Roc | Disposed |
To see the full case history of Varron Aluminiumm Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varron Aluminiumm Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varron Aluminiumm has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV7074J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varron Aluminiumm Private Limited, buy the company report.
Recent activity
Varron Aluminiumm Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Jaykumar Ramesh Varma was appointed as Additional Director on 03 Jul 2024.
11 earlier events are in the company report.
Frequently asked questions
Varron Aluminiumm is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 February 2008 (18+ years old) and is registered under CIN U27310MH2008PTC289939.
Varron Aluminiumm has 2 current directors:
- Jaykumar Ramesh Varma - Additional Director
- Ameya Kiran Phaltankar - Additional Director
The latest financial statements of Varron Aluminiumm on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Varron Aluminiumm is 27AACCV7074J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varron Aluminiumm is U27310MH2008PTC289939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varron Aluminiumm has 8 court cases on record: 8 filed against it. 5 are pending. Most are in the district courts.
Varron Aluminiumm was incorporated on 18 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Varron Aluminiumm has 2 deals on record (2 acquisitions); the latest was in December 2014.
The peers of Varron Aluminiumm by revenue are Synergy Advanced Metals Limited, JSW Steel (Salav) Limited, Bhagyanagar India Limited, Oro Precious Metals Private Limited, Sunalco Alloys Private Limited and 1 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Jaykumar Ramesh Varma was appointed as Additional Director on 03 Jul 2024. Prashant Suresh Joshi ceased to be Whole-Time Director on 03 Jul 2024. Ameya Kiran Phaltankar was appointed as Additional Director on 27 Jun 2024. Varron Aluminiumm has 10 board changes on record in total.
Varron Aluminiumm can be reached through the website varrongroup.com. Its registered office is in Mumbai, Maharashtra, India.
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