Varun Fastners Private Limited
About Varun Fastners Private Limited
Data last updated:
Varun Fastners Private Limited is a private limited company based in Delhi, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1990PTC040389. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors including Sunita Garg and Sulochana Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No 418 Ground Floor, Sd Block Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.9 Cr, a growth of 145% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 79.5%) and EBITDA of ₹1.51 Cr (EBITDA margin 79.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 67% over five years.
As per MCA filings, the company has open charges of ₹82.86 Cr and satisfied charges of ₹8 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varun Fastners Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No 418 Ground Floor, Sd Block Pitampura, Delhi, India – 110034
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Varun Fastners 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
Business activity
The main business activity of Varun Fastners is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Varun Fastners Private Limited, buy the company report.
Financials of Varun Fastners Private Limited
FY 2024 filings availableVarun Fastners Private Limited reported revenue of ₹1.9 Cr (up 145% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 145% growth in the latest year. EBITDA rose 96% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.51 Cr | ||||
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| Net Profit (PAT) | ₹1.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 79.6% | ||||
| Net Profit Margin | 79.5% | ||||
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To see the full financial statements and ratios of Varun Fastners Private Limited, buy the company report.
Board of directors of Varun Fastners Private Limited
Varun Fastners has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Garg | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
| Sulochana Garg Also directs: J.B. Fashions Limited | Director | 16 Jan 2015 | 11 Years 9 Months | Current |
| Ram Babu Garg Also directs: S K G Estate Private Limited, Dwarkadhis Buildwell Private Limited | Director | 01 Feb 2003 | 23 Years 9 Months | Current |
| Raj Kumar Garg Also directs: Intime Developers Private Limited, Movish Realtech Private Limited | Director | 08 Jul 2023 | 3 Years 4 Months | Current |
Auditor
Varun Fastners Private Limited is audited by GOYAL & SINGHAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOYAL & SINGHAL | FY 2022 | 012744N |
Shareholding
The shareholding of Varun Fastners 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 Fastners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2023 | 100760385 | Others | ₹9 Cr | Open | |
| 16 Aug 2021 | 100468410 | Tata Capital Financial Services Limited | ₹2.79 Cr | Open | |
| 25 Aug 2020 | 100362821 | Tata Capital Financial Services Limited | ₹48 Lakh | Open | |
| 31 Aug 2017 | 100120243 | Tata Capital Financial Services Limited | ₹3 Cr | Open | |
| 08 Dec 2008 | 10133713 | Punjab National Bank | ₹8.3 Cr | Open |
To see the full charge records of Varun Fastners Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Varun Fastners Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
To see the full case history of Varun Fastners 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 Fastners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varun Fastners has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Varun Fastners Private Limited, buy the company report.
Recent activity
Varun Fastners Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Raj Kumar Garg ceased to be Additional Director on 29 Sep 2023.
24 earlier events are in the company report.
Frequently asked questions
Varun Fastners is an active private limited company based in Delhi, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 June 1990 (36+ years old) and is registered under CIN U74899DL1990PTC040389.
Varun Fastners has 4 current directors:
- Sunita Garg - Director
- Sulochana Garg - Director
- Ram Babu Garg - Director
- Raj Kumar Garg - Director
The latest financial statements of Varun Fastners on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Varun Fastners has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Varun Fastners is U74899DL1990PTC040389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Fastners has 1 court case on record: 1 filed against it.
Varun Fastners was incorporated on 04 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
Raj Kumar Garg ceased to be Additional Director on 29 Sep 2023. Sunita . Garg ceased to be Additional Director on 29 Sep 2023. Sunita Garg was appointed as Director on 15 Jul 2023. Varun Fastners has 8 board changes on record in total.
The registered office of Varun Fastners is at House No 418 Ground Floor, Sd Block Pitampura, Delhi, India – 110034.
Varun Fastners operates in the machinery and equipment industry, in the industrial tools and components segment.
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