About Varun Carriers Private Limited
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Varun Carriers Private Limited is a private limited company based in Vijayawada, Telangana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 03 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63011TG1995PTC019905.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhu Kishore Vallurupalli and Lakshmi Kishore Vallurupalli.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vijayawada, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹36,000. For the same year it recorded a net profit of ₹19,971 (net margin 55.5%) and EBITDA of -₹9,500 (EBITDA margin -26.4%).
As per MCA filings, the company has open charges of ₹88 Cr and satisfied charges of ₹200 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
CIN history
Varun Carriers has one previous CIN (Corporate Identification Number): U63011AP1995PTC019905. The current CIN is U63011TG1995PTC019905, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63011TG1995PTC019905 | Current |
| U63011AP1995PTC019905 | Previous |
Contact details
Varun Carriers Private Limited's registered office is in Vijayawada, Telangana. Its website is varungroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrabhu Nilayam M.G.Road, India, Vijayawada, Telangana, India – 520010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varun Carriers 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 Carriers Private Limited
FY 2023 filings availableVarun Carriers Private Limited reported revenue of ₹36,000 for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9,500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19,971 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.4% | ||||
| Net Profit Margin | 55.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varun Carriers Private Limited, buy the company report.
Board of directors of Varun Carriers Private Limited
Varun Carriers 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 | 03 Apr 1995 | 31 Years 7 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 | 03 Apr 1995 | 31 Years 7 Months | Current |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Varun Vehicles Private Limited, Varun Auto Sales Private Limited, Varsha Promoters Private Limited and 2 more | Director | 27 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Varun Carriers Private Limited is audited by EC & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| EC & ASSOCIATES | FY 2021 | 011752S |
Shareholding
The shareholding of Varun Carriers 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varun Carriers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2013 | 10447025 | Hdfc Bank Limited | ₹56.25 Cr | Open | |
| 31 May 2005 | 90136671 | Hdfc Bank Limited | ₹31.75 Cr | Open | |
| 22 Sep 2017 | 100138980 | Others | ₹150 Cr | Satisfied | |
| 06 Sep 2006 | 10022391 | Bank of Baroda | ₹50 Cr | Satisfied |
To see the full charge records of Varun Carriers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Varun Carriers 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 | Revision petition | Filed against the company by The District Registrar and Collector Under Section 47-A | Disposed |
| High Court, ANDHRAPRADESH | Revision petition | Filed against the company by The District Registrar and Collector Under Section 47-A | Disposed |
To see the full case history of Varun Carriers 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 Carriers 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 Carriers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Carriers Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 27 Oct 2023.
2 earlier events are in the company report.
Frequently asked questions
Varun Carriers is an active private limited company based in Vijayawada, Telangana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 03 April 1995 (31+ years old) and is registered under CIN U63011TG1995PTC019905.
Varun Carriers 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 Carriers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varun Carriers is U63011TG1995PTC019905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Carriers has 2 court cases on record: 2 filed against it.
Varun Carriers was incorporated on 03 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 27 Oct 2023. Lakshmi Kishore Vallurupalli was appointed as Director on 03 Apr 1995. Prabhu Kishore Vallurupalli was appointed as Director on 03 Apr 1995.
Varun Carriers can be reached through the website varungroup.com. Its registered office is in Vijayawada, Telangana, India.
The registered office of Varun Carriers is at Prabhu Nilayam M.G.Road, India, Vijayawada, Telangana, India – 520010.
Varun Carriers operates in the automotive industry, in the auto dealership and trading segment.
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