About Varun Auto Sales Private Limited
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Varun Auto Sales 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 05 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50100AP1996PTC023104.
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 2022, the company reported a revenue of ₹96,000. For the same year it recorded a net loss of ₹1.08 Lakh (net margin -112.6%) and EBITDA of -₹1.9 Lakh (EBITDA margin -197.9%).
As per MCA filings, the company has open charges of ₹88 Cr and satisfied charges of ₹257 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
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
Contact details
Varun Auto Sales Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is varungroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10 – 50 – 22/1 Siripuram Junction Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varun Auto Sales 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 Auto Sales Private Limited
FY 2023 filings availableVarun Auto Sales Private Limited reported revenue of ₹96,000 for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹96,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.08 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -197.9% | ||||
| Net Profit Margin | -112.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varun Auto Sales Private Limited, buy the company report.
Board of directors of Varun Auto Sales Private Limited
Varun Auto Sales has 3 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 | 05 Feb 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 | 05 Feb 1996 | 30 Years 9 Months | Current |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Varun Vehicles Private Limited, Varun Carriers Private Limited, Varsha Promoters Private Limited and 2 more | Director | 30 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Varun Auto Sales Private Limited is audited by J.SREENIVASA RAO & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.SREENIVASA RAO & Co | FY 2022 | 202610 |
Shareholding
The shareholding of Varun Auto Sales 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 Varun Auto Sales Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2021 | 100543763 | Axis Bank Limited | ₹169 Cr | Satisfied | |
| 12 Jul 2013 | 10447018 | Hdfc Bank Limited | ₹56.25 Cr | Satisfied | |
| 31 May 2005 | 90118078 | Hdfc Bank Limited | ₹31.75 Cr | Satisfied |
To see the full charge records of Varun Auto Sales Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Varun Auto Sales Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Revision petition | Filed against the company by The District Registrar and Collector Under Section 47-A of | Disposed |
| High Court | Revision petition | Filed against the company by The District Registrar and Collector Under Section 47-A of | Disposed |
To see the full case history of Varun Auto Sales 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 Varun Auto Sales 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 Auto Sales Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Auto Sales Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023.
1 earlier event is in the company report.
Frequently asked questions
Varun Auto Sales 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 05 February 1996 (30+ years old) and is registered under CIN U50100AP1996PTC023104.
Varun Auto Sales has 3 current directors:
- Prabhu Kishore Vallurupalli - Director
- Lakshmi Kishore Vallurupalli - Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
The latest financial statements of Varun Auto Sales 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 Varun Auto Sales is U50100AP1996PTC023104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Auto Sales has 2 court cases on record: 2 filed against it.
Varun Auto Sales was incorporated on 05 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Vijayawada.
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023. Lakshmi Kishore Vallurupalli was appointed as Director on 05 Feb 1996. Prabhu Kishore Vallurupalli was appointed as Director on 05 Feb 1996.
Varun Auto Sales can be reached through the website varungroup.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Varun Auto Sales is at 10 – 50 – 221 Siripuram Junction Visakhapatnam, Andhra Pradesh, India – 530003.
Varun Auto Sales operates in the automotive industry, in the auto dealership and trading segment.
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