About Varrsana Ispat Ltd
Data last updated: 22 August 2025
Varrsana Ispat Ltd is a public limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 01 March 2000, the company has been in operation for over 26 years.
Registered with ROC Kolkata under CIN U99999WB2000PLC124804.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.85 Cr. Formerly known as Eureka Rapid Communication Ltd. It is led by directors including Mahesh Kumar Sureka and Akshay Jhunjhunwala.
Last AGM: 05 November 2019. Financial statements filed for year ended 31 March 2019. Office: Everest House 46 – C Chowringee Road 15Th Floor R. N. .15B, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2019, the company reported a revenue of ₹941.95 Cr, a growth of 17% compared to the previous year.
The company has a workforce of approximately 771 employees as per the latest available data.
The company is associated with 1 brand - Varrsana Ispat Limited. As per MCA filings, the company has open charges of ₹2,353.21 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is varrsana.com.
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Registered AddressEverest House 46 – C Chowringee Road 15Th Floor R. N. .15B, Kolkata, West Bengal, India – 700071
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Varrsana Ispat Ltd
Varrsana Ispat Ltd has one previous CIN (Corporate Identification Number): U99999DL2000PLC103903. The current CIN is U99999WB2000PLC124804, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999WB2000PLC124804 | Current |
| U99999DL2000PLC103903 | Previous |
Associated Brands with Varrsana Ispat Ltd
Varrsana Ispat Ltd operates one associated brand: Varrsana Ispat Limited. These brands represent Varrsana Ispat Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Steel production, tower infrastructure, and power operations in India. | varrsana.com |
Business Activity of Varrsana Ispat Ltd
Varrsana Ispat Ltd is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Varrsana Ispat Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Varrsana Ispat Ltd
Varrsana Ispat Ltd is audited by Sanjay Jhanwar & Associates for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sanjay Jhanwar & Associates | Locked | Locked | Locked |
Complete auditor history for Varrsana Ispat Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Varrsana Ispat Ltd
Varrsana Ispat Ltd is currently managed by 3 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Sureka | Director | 26 Jul 2005 | 21 Years 0 Months | As last reported |
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Akshay Jhunjhunwala
Also directs:
Bakeraika Industries Private Limited
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Whole-Time Director | 22 Dec 2012 | 13 Years 7 Months | As last reported |
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Manoj Mishra
Also directs:
Anagi Constructions Private Limited
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Director | 26 Jul 2005 | 21 Years 0 Months | As last reported |
Financials of Varrsana Ispat Ltd FY 2019 filings available
Varrsana Ispat Ltd reported revenue of ₹941.95 Cr (up 17.00% YoY) for FY 2019.
Ten-year financial statements for Varrsana Ispat Ltd
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Varrsana Ispat Ltd
Shareholding and ownership data for Varrsana Ispat Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Group Structure of Varrsana Ispat Ltd
Varrsana Ispat Ltd has 1 associated company. This group structure data is as of FY 2018. The corporate group structure reflects Varrsana Ispat Ltd's business expansion strategy and organizational complexity.
Charges & Borrowings of Varrsana Ispat Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2013 | Sberbank | ₹25 Cr | Open |
| 02 May 2013 | Corporation Bank | ₹61 Cr | Open |
| 22 Mar 2013 | Others | ₹15 Cr | Open |
| 01 Jun 2012 | Others | ₹605 Cr | Open |
| 09 Apr 2011 | Others | ₹144.05 Cr | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Varrsana Ispat Ltd
Varrsana Ispat Ltd has a workforce of 771 employees as of Aug 22, 2025.
Employee and EPFO history for Varrsana Ispat Ltd
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- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Varrsana Ispat Ltd
GST registrations and filing compliance for Varrsana Ispat Ltd
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- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Varrsana Ispat Ltd
Credit ratings, litigation, and regulatory alerts for Varrsana Ispat Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Varrsana Ispat Ltd
MSME payment history for Varrsana Ispat Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Varrsana Ispat Ltd
Corporate group structure for Varrsana Ispat Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Varrsana Ispat Ltd
MCA filings and documents for Varrsana Ispat Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Varrsana Ispat Ltd
Frequently Asked Questions about Varrsana Ispat Ltd
Varrsana Ispat Ltd is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Varrsana Ispat Ltd is a company under liquidation, formerly operating as a public limited company in the metals and minerals sector based in Kolkata, West Bengal, India. It was incorporated on 01 March 2000 and is registered under CIN U99999WB2000PLC124804. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Varrsana Ispat Ltd reported revenue of ₹941.95 Cr for FY 2019 (up 17.00% YoY).
The current directors of Varrsana Ispat Ltd are:
- Mahesh Kumar Sureka - Director
- Akshay Jhunjhunwala - Whole-Time Director
- Manoj Mishra - Director
The CIN (Corporate Identification Number) of Varrsana Ispat Ltd is U99999WB2000PLC124804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varrsana Ispat Ltd has open charges of ₹2,353.21 Cr and no satisfied charges on record as per latest MCA filings.