About Varsha Controls Private Limited
Data last updated:
Varsha Controls Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the security products segment of the manufacturing sector. It was incorporated on 20 May 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51505TN2009PTC071671. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Karthikeyan Sundaresan and Rukmangathan Abitha.
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 was at Door No.44B 1st Floor G. S. T. Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.46 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹97,920 (net margin -0.2%) and EBITDA of ₹9.88 Lakh (EBITDA margin 1.8%).
As per MCA filings, the company had satisfied charges of ₹25 Lakh on record. Court records list 30 cases involving the company, including 17 filed by the company and 13 filed against it.
The last known website on record is varshacontrols.com.
Company details
Contact details
Varsha Controls Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressDoor No.44B 1st Floor G. S. T. Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryManufacturing, Security Products
- 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 Varsha Controls is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Varsha Controls Private Limited, buy the company report.
Financials of Varsha Controls Private Limited
FY 2016 filings availableVarsha Controls Private Limited reported revenue of ₹5.46 Cr (up 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA fell 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| EBITDA | ₹9.88 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹97,920 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.8% | |
| Net Profit Margin | -0.2% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Varsha Controls Private Limited, buy the company report.
Board of directors of Varsha Controls Private Limited
Varsha Controls has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthikeyan Sundaresan | Director | 20 May 2009 | 17 Years 5 Months | As last reported |
| Rukmangathan Abitha | Director | 20 May 2009 | 17 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2011 | 10270267 | Dena Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Varsha Controls Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varsha Controls Private Limited has 30 court cases on record: 17 filed by Varsha Controls, 13 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 13 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by HD Fire Protect Pvt. Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by C-Systems Pvt Ltd., Rep by P Sakthivel | Disposed |
| District court, Chennai, Tamil Nadu | Appeal | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Mohta and Co | Disposed |
To see the full case history of Varsha Controls 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 Controls Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varsha Controls has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Varsha Controls Private Limited, buy the company report.
Recent activity
Varsha Controls Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Adaikkammai ceased to be Director on 27 Apr 2017.
Frequently asked questions
Varsha Controls has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Varsha Controls was a private limited company based in Chennai, Tamil Nadu, India. The company worked in security products, within the manufacturing industry. It was incorporated on 20 May 2009 and is registered under CIN U51505TN2009PTC071671. The company has been struck off by the Registrar of Companies and is no longer operational.
Varsha Controls had 2 directors:
- Karthikeyan Sundaresan - Director
- Rukmangathan Abitha - Director
The CIN (Corporate Identification Number) of Varsha Controls is U51505TN2009PTC071671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Varsha Controls is at Door No.44B 1st Floor G. S. T. Road Guindy, Chennai, Tamil Nadu, India – 600032.
Varsha Controls was incorporated on 20 May 2009. It is registered with the Registrar of Companies, Chennai.
Varsha Controls can be reached through the website varshacontrols.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Varsha Controls 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.
No. Varsha Controls has 2 GST registrations on record and all of them are cancelled or inactive.
Varsha Controls operated in the manufacturing industry, in the security products segment. It worked in this industry before it was struck off.