- Udyam number
- UDYAM-AP-10-0010559

About Varsha Builders Private Limited
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Varsha Builders Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 12 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP1990PTC011947. Its GSTIN is 37AAACV7400N2Z2 (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhu Kishore Vallurupalli and Vallurupalli Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7 – 8 – 1/1 Varun Towers Kasturba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2023, the company reported a revenue of ₹36.13 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹24.54 Cr (net margin 67.9%) and EBITDA of ₹27.52 Cr (EBITDA margin 76.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 41% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹206.06 Cr and satisfied charges of ₹769.97 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending.
Varsha Builders Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-AP-10-0010559). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varungroup.com.
Company details
Recognitions & Rankings of Varsha Builders
Contact details
Varsha Builders Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is varungroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address7 – 8 – 1/1 Varun Towers Kasturba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Varsha Builders 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
Financials of Varsha Builders Private Limited
FY 2023 filings availableVarsha Builders Private Limited reported revenue of ₹36.13 Cr (up 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 25% growth in the latest year. EBITDA rose 67% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.54 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.2% | ||||
| Net Profit Margin | 67.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Varsha Builders Private Limited, buy the company report.
Board of directors of Varsha Builders Private Limited
Varsha Builders has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Kishore Vallurupalli | Director | 12 Nov 1990 | 35 Years 11 Months | Current |
| Vallurupalli Lakshmi | Director | 12 Nov 1990 | 35 Years 11 Months | Current |
| Varun Dev Vallurupalli | Director | 04 Nov 2021 | 4 Years 11 Months | Current |
| Ramachandra Vejella Raju Also directs: Varun Motors Private Limited | Director | 25 Jan 2012 | 14 Years 9 Months | Current |
Auditor
Varsha Builders Private Limited is audited by E C & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E C & ASSOCIATES | FY 2023 | 011752S |
Shareholding
The shareholding of Varsha Builders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varsha Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101034328 | Axis Bank Limited | ₹28 Cr | Open | |
| 24 Jul 2023 | 100767206 | Others | ₹90 Cr | Open | |
| 22 Mar 2022 | 100571057 | State Bank of India | ₹9.41 Cr | Open | |
| 11 Nov 2019 | 100313848 | Others | ₹15 Cr | Open | |
| 06 Jan 2017 | 100096049 | Others | ₹30 Cr | Open |
To see the full charge records of Varsha Builders Private Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Varsha Builders Private Limited has 11 court cases on record: 5 filed by Varsha Builders, 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 5 | 1 |
| Supreme Court | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax, and 1 other | Pending |
| Supreme Court | Appeal | Filed against the company by The Assistant Commissioner of Income Tax | Disposed |
| Supreme Court | Court case (0431-Indirect Taxes Matters : Service Tax) | Filed by the company against an individual | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Assistant Commissioner and 4 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Union of India, Rep. by Its Secretary and 3 others | Disposed |
To see the full case history of Varsha Builders 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 Varsha Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varsha Builders Private Limited has a workforce of 13 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Varsha Builders has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACV7400N2Z2 | Andhra Pradesh | Active | 01 Nov 2017 |
| 36AAACV7400N1Z5 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varsha Builders Private Limited, buy the company report.
Recent activity
Varsha Builders Private Limited has 4 board changes on record since 1990: 4 appointments. The latest: Varun Dev Vallurupalli was appointed as Director on 04 Nov 2021.
48 earlier events are in the company report.
Frequently asked questions
Varsha Builders is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in real estate financing, within the financial services industry. It was incorporated on 12 November 1990 (36+ years old) and is registered under CIN U45200AP1990PTC011947.
Varsha Builders has 4 current directors:
- Prabhu Kishore Vallurupalli - Director
- Vallurupalli Lakshmi - Director
- Varun Dev Vallurupalli - Director
- Ramachandra Vejella Raju - Director
The latest financial statements of Varsha Builders on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Varsha Builders is 37AAACV7400N2Z2, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAACV7400N1Z5 (Telangana).
The CIN (Corporate Identification Number) of Varsha Builders is U45200AP1990PTC011947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsha Builders has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Varsha Builders was incorporated on 12 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Vijayawada.
Varun Dev Vallurupalli was appointed as Director on 04 Nov 2021. Ramachandra Vejella Raju was appointed as Director on 25 Jan 2012. Prabhu Kishore Vallurupalli was appointed as Director on 12 Nov 1990. Varsha Builders has 4 board changes on record in total.
Yes, Varsha Builders is registered as an MSME under Udyam registration (number: UDYAM-AP-10-0010559).
Varsha Builders can be reached through the website varungroup.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.