About Varun Commercial Vehicles Private Limited
Data last updated:
Varun Commercial Vehicles 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 25 May 2011.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50102AP2011PTC074646.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Varun Benz Private Limited. It was 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 was at 10 – 50 – 22/1 Siripuram Junction, Visakhapatnam, Andhra Pradesh, India – 530003.
As per MCA filings, the company had open charges of ₹35 Cr and satisfied charges of ₹65 Cr on record.
The last known website on record is varungroup.com.
Company details
Contact details
Varun Commercial Vehicles Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is varungroup.com. Its e-mail address is in the company report.
- Email
- 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 Commercial Vehicles 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 Commercial Vehicles Private Limited
FY 2023 filings availableFinancial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Commercial Vehicles Private Limited, buy the company report.
Board of directors of Varun Commercial Vehicles Private Limited
Varun Commercial Vehicles 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 | 25 May 2011 | 15 Years 5 Months | As last reported |
| Lakshmi Kishore Vallurupalli Also directs: Corporate Cars and Carriers Private Limited, Varun Vehicles Private Limited, Varun Constructions Private Limited and 5 more | Director | 25 May 2011 | 15 Years 5 Months | As last reported |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Varun Vehicles Private Limited, Varun Auto Sales Private Limited, Varun Carriers Private Limited and 3 more | Director | 30 Oct 2023 | 3 Years 0 Months | As last reported |
Auditor
Varun Commercial Vehicles Private Limited is audited by J SREENIVASA RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SREENIVASA RAO & CO | FY 2023 | 009386S |
Shareholding
The shareholding of Varun Commercial Vehicles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varun Commercial Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2019 | 100236200 | Others | ₹30 Cr | Satisfied | |
| 18 Sep 2014 | 10526475 | Tata Capital Financial Services Limited | ₹35 Cr | Satisfied |
To see the full charge records of Varun Commercial Vehicles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Varun Commercial Vehicles 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 Commercial Vehicles 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 Commercial Vehicles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Commercial Vehicles Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023.
Frequently asked questions
Varun Commercial Vehicles 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 Commercial Vehicles 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 25 May 2011 and is registered under CIN U50102AP2011PTC074646. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Varun Commercial Vehicles was incorporated on 25 May 2011. It is registered with the Registrar of Companies, Vijayawada.
Varun Commercial Vehicles had 3 directors:
- Prabhu Kishore Vallurupalli - Director
- Lakshmi Kishore Vallurupalli - Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
The CIN (Corporate Identification Number) of Varun Commercial Vehicles is U50102AP2011PTC074646. 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 Commercial Vehicles is at 10 – 50 – 221 Siripuram Junction, Visakhapatnam, Andhra Pradesh, India – 530003.
Varun Commercial Vehicles can be reached through the website varungroup.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The latest financial statements of Varun Commercial Vehicles 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 Commercial Vehicles operated in the automotive industry, in the auto dealership and trading segment.
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 30 Oct 2023. Lakshmi Kishore Vallurupalli was appointed as Director on 25 May 2011. Prabhu Kishore Vallurupalli was appointed as Director on 25 May 2011.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
