Varsha Agri Business Centre For Development Limited Company Logo

Varsha Agri Business Centre For Development Limited - Company Profile

It is a financial services public limited company based in Chitradurga, Karnataka, India, established in 2018.

2018 | Chitradurga, Karnataka, India | Active
Last Updated:

About Varsha Agri Business Centre For Development Limited

Varsha Agri Business Centre For Development Limited, a active public limited company, was established on 05 January 2018 in Chitradurga, Karnataka, India. Engaging in equipment leasing & financing within the agriculture, forestry, fishing sector, it holds CIN: U01100KA2018PLC109254. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹42.50 Cr and a paid-up capital of ₹42.50 Cr.

Employing 122 professional, Its leadership includes Pallavi Raju (Additional Director), Jagalur Maheshwarappa Shivananda (Additional Director), Shankarappa (Additional Director). Past directors included Marchad Channa Mallikarjuna Goud, Sanikere Chandrashekar Kiran. It holds ₹39.44 Cr open charges and ₹5.50 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Khata No. 2238, Mrutyunjaya Compound V P Extension, Chitradurga, Karnataka, 577501.

Company Details

  • CIN/LLPIN

    U01100KA2018PLC109254

  • Registration Number

    109254

  • Incorporation Date

    05 January 2018

  • Authorized Capital

    ₹42.50 Cr

  • Paid-Up Capital

    ₹42.50 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 42.50 Cr
  • Paid Up Capital ₹ 42.50 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 39.44 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth 41.66%
  • Profit Growth -34.10%
  • Ebitda 84.24%
  • Net Worth 277.31%
  • Total Assets 69.35%
Company report

Varsha Agri Business Centre For Development Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varsha Agri Business Centre For Development Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Varsha Agri Business Centre For Development Limited?

Current Directors

NameDesignationAppointment DateStatus
Pallavi RajuAdditional Director04 Jan 2021Current
Jagalur Maheshwarappa ShivanandaAdditional Director03 Apr 2023Current
ShankarappaAdditional Director13 Mar 2023Current
Prabhanna PavanAdditional Director03 Apr 2023Current
Sanikere Veerabhadrappa RajuDirector05 Jan 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Mar 2023Past
Pramod AbcsddDirector04 Jan 2021Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Varsha Agri Business Centre For Development.

Varsha Agri Business Centre For Development Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 41.66% increase. The company also saw a substantial fall in profitability, with a 34.1% decrease in profit. The company's net worth Soared by an impressive increase of 277.31%.

Varsha Agri Business Centre For Development revenue growth over time
Varsha Agri Business Centre For Development 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
41.66%
Revenue from Operations
44.51%
Total Assets
69.35%
Profit or Loss
-34.10%
Net Worth
277.31%
EBITDA
84.24%

What is the Ownership and Shareholding Structure of Varsha Agri Business Centre For Development?

In 2021, Varsha Agri Business Centre For Development had a promoter holding of 54.81% and a public holding of 45.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹394,400,000.00

Satisfied Charges

₹55,000,000.00

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 39.44 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2022Karnataka Bank Ltd.₹37.00 CrOpen
29 Dec 2021Karnataka Bank Ltd.₹2.44 CrOpen
26 Mar 2018Others₹2.50 CrSatisfied
14 Mar 2018Others₹3.00 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Varsha Agri Business Centre For Development?

Varsha Agri Business Centre For Development has a workforce of 122 employees as of Apr 09, 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 Varsha Agri Business Centre For Development Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsha Agri Business Centre For Development, 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 Varsha Agri Business Centre For Development'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 Varsha Agri Business Centre For Development

Recent Activity within the Organization

  • Director Appointment

    Progress on Jagalur Maheshwarappa Shivananda was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    Progress on Prabhanna Pavan was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    The activity Shankarappa was appointed as a Additional Director was appointed as a Additional Director on 13 Mar 2023 & has been associated with this company since 2 years 8 months . was completed.

  • Charges

    Progress on A charge with Karnataka Bank Ltd. amounted to Rs. 37.00 Cr with Charge ID 100557958 was registered on 05 Jan 2022. was documented.

  • Charges

    Progress on A charge registered on 26 Mar 2018 via Charge ID 100171503 with Others was fully satisfied on 30 Dec 2021. was documented.

  • Charges

    The activity A charge registered on 14 Mar 2018 via Charge ID 100171507 with Others was fully satisfied on 30 Dec 2021. was completed.

Frequently Asked Questions

  • What is the CIN of Varsha Agri Business Centre For Development Limited?

    The CIN of Varsha Agri Business Centre For Development Limited is U01100KA2018PLC109254.

  • Where is Varsha Agri Business Centre For Development Limited headquartered?

    Varsha Agri Business Centre For Development Limited is headquartered at Khata No. 2238, Mrutyunjaya Compound V P Extension, Chitradurga, Karnataka, 577501.

  • When was Varsha Agri Business Centre For Development Limited incorporated?

    Varsha Agri Business Centre For Development Limited was incorporated on 05 January 2018.

  • Who are the current directors of Varsha Agri Business Centre For Development Limited?

    The current directors of Varsha Agri Business Centre For Development Limited are

  • What is the primary industry of Varsha Agri Business Centre For Development Limited?

    The primary industry of Varsha Agri Business Centre For Development Limited is Agriculture, Forestry, Fishing.

  • Is Varsha Agri Business Centre For Development Limited a listed company?

    Varsha Agri Business Centre For Development Limited is unlisted.

  • What is the capital structure of Varsha Agri Business Centre For Development Limited?

    The authorized capital of Varsha Agri Business Centre For Development Limited is ₹42.50 Cr, and the paid-up capital is ₹42.50 Cr.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial