Varsha Promoters Private Limited
About Varsha Promoters Private Limited
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Varsha Promoters Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U70102AP1996PTC023021.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Prabhu Kishore Vallurupalli and Lakshmi Kishore Vallurupalli.
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 10 – 50 – 22/1 Siripuram Junction Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2023, the company reported a revenue of ₹48,000. For the same year it recorded a net profit of ₹31,600 (net margin 65.8%) and EBITDA of ₹31,600 (EBITDA margin 65.8%).
As per MCA filings, the company has open charges of ₹56.25 Cr and satisfied charges of ₹347.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varsha Promoters Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 – 50 – 22/1 Siripuram Junction Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varsha Promoters 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 Promoters Private Limited
FY 2023 filings availableVarsha Promoters Private Limited reported revenue of ₹48,000 for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹31,600 | ||||
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| Net Profit (PAT) | ₹31,600 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 65.8% | ||||
| Net Profit Margin | 65.8% | ||||
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To see the full financial statements and ratios of Varsha Promoters Private Limited, buy the company report.
Board of directors of Varsha Promoters Private Limited
Varsha Promoters has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Kishore Vallurupalli Also directs: Varun Properties LLP, Varun Leisure LLP, Corporate Cars and Carriers Private Limited and 5 more | Director | 29 Jan 1996 | 30 Years 9 Months | Current |
| Lakshmi Kishore Vallurupalli Also directs: Corporate Cars and Carriers Private Limited, Varun Vehicles Private Limited, Varun Constructions Private Limited and 5 more | Director | 29 Jan 1996 | 30 Years 9 Months | Current |
| Janaki Ram Adusumalli Also directs: Ora Motors Private Limited | Director | 29 Jan 1996 | 30 Years 9 Months | Current |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Varun Vehicles Private Limited, Varun Auto Sales Private Limited, Varun Carriers Private Limited and 2 more | Director | 30 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Varsha Promoters Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subhmayee Dealer Private Limited | ₹48,001 (FY 2025) | Kolkata, West Bengal, India | ||||
| Varsha Promoters Private Limitedthis company | ₹48,000 (FY 2023) | ₹31,600 | 65.8% | Visakhapatnam, Andhra Pradesh, India | ||
| Shanti Builders Pvt Ltd | ₹48,000 (FY 2024) | Kolkata, West Bengal, India | ||||
| Sai Kripa Trade and Investment Pvt Ltd | ₹48,000 (FY 2025) | Indore, Madhya Pradesh, India | ||||
| Brigade Estates & Projects Private Limited | ₹48,000 (FY 2025) | Bangalore, Karnataka, India | ||||
| Katyani Builders Private Limited | ₹48,000 (FY 2024) | 16.0% | Delhi, India | |||
| Shreeji Kanha Devbuild Private Limited | ₹48,000 (FY 2025) | Gwalior, Madhya Pradesh, India | ||||
| G.C. Developers Private Limited | ₹48,000 (FY 2024) | -8.0% | Kanpur, Uttar Pradesh, India | |||
| Grandvalley Realtors Private Limited | ₹48,000 (FY 2022) | -33.0% | Gurgaon, Haryana, India | |||
| Castle Infratech Private Limited | ₹48,000 (FY 2016) | 30280.0% | New Delhi, Delhi, India | |||
| Neelgagan Realtors Private Limited | ₹48,000 (FY 2025) | 200.0% | Delhi, India |
To see the full peer comparison of Varsha Promoters Private Limited, buy the company report.
Auditor
Varsha Promoters Private Limited is audited by SREENIVASA RAO & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SREENIVASA RAO & Co | FY 2022 | 202610 |
Shareholding
The shareholding of Varsha Promoters Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varsha Promoters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2021 | 100543839 | Axis Bank Limited | ₹169 Cr | Satisfied | |
| 12 Jul 2013 | 10447024 | Hdfc Bank Limited | ₹56.25 Cr | Satisfied | |
| 05 Aug 2008 | 10118766 | Bank of Baroda | ₹93.8 Cr | Satisfied | |
| 28 Aug 1996 | 90259728 | Bank of Baroda | ₹1.4 Cr | Satisfied | |
| 28 Aug 1996 | 90257027 | Bank of Baroda | ₹27 Cr | Satisfied |
To see the full charge records of Varsha Promoters Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Varsha Promoters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varsha Promoters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varsha Promoters Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varsha Promoters Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023.
8 earlier events are in the company report.
Frequently asked questions
Varsha Promoters is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 January 1996 (30+ years old) and is registered under CIN U70102AP1996PTC023021.
Varsha Promoters has 4 current directors:
- Prabhu Kishore Vallurupalli - Director
- Lakshmi Kishore Vallurupalli - Director
- Janaki Ram Adusumalli - Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
The latest financial statements of Varsha Promoters 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 CIN (Corporate Identification Number) of Varsha Promoters is U70102AP1996PTC023021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsha Promoters was incorporated on 29 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Varsha Promoters by revenue are Subhmayee Dealer Private Limited, Shanti Builders Pvt Ltd, Sai Kripa Trade and Investment Pvt Ltd, Brigade Estates & Projects Private Limited, Katyani Builders Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023. Janaki Ram Adusumalli was appointed as Director on 29 Jan 1996. Lakshmi Kishore Vallurupalli was appointed as Director on 29 Jan 1996. Varsha Promoters has 4 board changes on record in total.
The registered office of Varsha Promoters is at 10 – 50 – 221 Siripuram Junction Visakhapatnam, Andhra Pradesh, India – 530003.
Varsha Promoters operates in the automotive industry, in the auto dealership and trading segment.
Varsha Promoters has open charges of ₹56.25 Cr and satisfied charges of ₹347.45 Cr as per latest MCA filings.
The compliance status of Varsha Promoters is compliant as of 30 September 2026. The company is actively filing with the Registrar of Companies.
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