Varun Agri Services Private Limited
About Varun Agri Services Private Limited
Data last updated:
Varun Agri Services Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 07 September 2010.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U01409AP2010PTC070346.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vallurupalli Varsha and Venkata Satyanarayana Putumbaka.
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 was at C/O. Varun Motors D.No.10 – 50 – 22/1 Siripuram Junction, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.23 Lakh (net margin 75.6%) and EBITDA of ₹22.39 Lakh (EBITDA margin 98.2%). Revenue has grown at a compounded annual rate (CAGR) of 227% over three years and 116% over five years.
As per MCA filings, the company had satisfied charges of ₹491.25 Cr on record.
Company details
Contact details
Varun Agri Services Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressC/O. Varun Motors D.No.10 – 50 – 22/1 Siripuram Junction, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varun Agri Services 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 Varun Agri Services Private Limited
FY 2023 filings availableVarun Agri Services Private Limited reported revenue of ₹22.79 Lakh (up 192% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 192% growth in the latest year. EBITDA rose 193% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹22.39 Lakh | ||||
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| Net Profit (PAT) | ₹17.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 98.2% | ||||
| Net Profit Margin | 75.6% | ||||
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To see the full financial statements and ratios of Varun Agri Services Private Limited, buy the company report.
Board of directors of Varun Agri Services Private Limited
Varun Agri Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vallurupalli Varsha | Director | 07 Sep 2010 | 16 Years 1 Months | As last reported |
| Venkata Satyanarayana Putumbaka Also directs: Varun Motors Private Limited | Director | 01 Apr 2011 | 15 Years 6 Months | As last reported |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Olive Automobiles Private Limited, Varun Vehicles Private Limited, Varun Auto Sales Private Limited and 3 more | Director | 30 Oct 2023 | 2 Years 11 Months | As last reported |
| Varun Dev Vallurupalli | Director | 01 Apr 2011 | 15 Years 6 Months | As last reported |
Peer comparison
Varun Agri Services Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Agri Services, Auto and Components Dealers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tcsaluja Trucks Private Limited | ₹22.87 Lakh (FY 2016) | Faridabad, Haryana, India | ||||
| Ramvi Agritech Private Limited | ₹22.85 Lakh (FY 2023) | -55.0% | Bangalore, Karnataka, India | |||
| Narmada Agrarian Private Limited | ₹22.82 Lakh (FY 2024) | 26.0% | Indore, Madhya Pradesh, India | |||
| Maa-Virasan Farmers Producer Company Limited | ₹22.81 Lakh (FY 2025) | -49.0% | Sihora, Madhya Pradesh, India | |||
| Organic Tribes Private Limited | ₹22.8 Lakh (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| Varun Agri Services Private Limitedthis company | ₹22.79 Lakh (FY 2022) | ₹17.23 Lakh | 75.6% | 192.0% | Visakhapatnam, Andhra Pradesh, India | |
| Sevasai Agro Producer Company Limited | ₹22.79 Lakh (FY 2024) | 34.0% | Jalna, Maharashtra, India | |||
| Cadence Enviro Farms Private Limited | ₹22.79 Lakh (FY 2024) | 895.0% | Mumbai, Maharashtra, India | |||
| Shri Arashuri Fed Farmers Producer Company Limited | ₹22.79 Lakh (FY 2025) | Banas Kantha, Gujarat, India | ||||
| Abhinav Buildcon Pvt. Ltd. | ₹22.78 Lakh (FY 2025) | 15.0% | Jaipiur, Rajasthan, India | |||
| Fatum Private Limited | ₹22.76 Lakh (FY 2023) | 156.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Varun Agri Services Private Limited, buy the company report.
Auditor
Varun Agri Services Private Limited is audited by J SREENIVASA RAO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SREENIVASA RAO & CO | FY 2021 | 009386S |
Shareholding
The shareholding of Varun Agri Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varun Agri Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2020 | 100405858 | Others | ₹72 Cr | Satisfied | |
| 18 Jun 2020 | 100405862 | Others | ₹90 Cr | Satisfied | |
| 27 Sep 2017 | 100138686 | Others | ₹200 Cr | Satisfied | |
| 14 May 2012 | 10361572 | Bank of Baroda | ₹129.25 Cr | Satisfied |
To see the full charge records of Varun Agri Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Varun Agri Services 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 Varun Agri Services 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 Varun Agri Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Agri Services Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023.
7 earlier events are in the company report.
Frequently asked questions
Varun Agri Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Varun Agri Services was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 07 September 2010 and is registered under CIN U01409AP2010PTC070346. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Varun Agri Services was incorporated on 07 September 2010. It is registered with the Registrar of Companies, Vijayawada.
Varun Agri Services had 4 directors:
- Vallurupalli Varsha - Director
- Venkata Satyanarayana Putumbaka - Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
- Varun Dev Vallurupalli - Director
The CIN (Corporate Identification Number) of Varun Agri Services is U01409AP2010PTC070346. 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 Varun Agri Services is at CO. Varun Motors D.No.10 – 50 – 221 Siripuram Junction, Visakhapatnam, Andhra Pradesh, India – 530003.
The latest financial statements of Varun Agri Services 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.
Varun Agri Services operated in the automotive industry, in the auto dealership and trading segment.
The peers of Varun Agri Services by revenue are Tcsaluja Trucks Private Limited, Ramvi Agritech Private Limited, Narmada Agrarian Private Limited, Maa-Virasan Farmers Producer Company Limited, Organic Tribes Private Limited and 5 more, all in the Automobiles industry (Agri Services, Auto and Components Dealers).
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023. Lakshmi Kishore Vallurupalli ceased to be Director on 01 Feb 2016. Varun Dev Vallurupalli ceased to be Additional Director on 22 Sep 2011. Varun Agri Services has 7 board changes on record in total.
Varun Agri Services has no open charges and satisfied charges of ₹491.25 Cr as per latest MCA filings.