Varun Infrasteel Private Limited

Varun Infrasteel Private Limited - metals and minerals in Rourkela, Odisha, India. FY 2026 financials & compliance.
CIN U27100OR2009PTC010952 Incorporated 15 July 2009 ROC Cuttack HQ Rourkela, Odisha, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2024
₹6.13 Cr
▼ 27% YoY
Net profit · FY 2024
₹6.48 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹13.96 Lakh
EBITDA margin 2.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹6.9 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Varun Infrasteel Private Limited

Data last updated:

Varun Infrasteel Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 15 July 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27100OR2009PTC010952. Its GSTIN is 21AADCV0415G1ZZ (Odisha). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹6.9 Lakh. It is led by directors Ram Dularay Shaw and Raj Kumar Kasaudhan.

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 C/O Gulab Steel Traders Brahmani Tarang Vedvyas, Rourkela, Odisha, India – 769041.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.13 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹6.48 Lakh (net margin 1.1%) and EBITDA of ₹13.96 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.

As per MCA filings, the company has open charges of ₹1 Cr on record.

Varun Infrasteel Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0014243). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27100OR2009PTC010952
Registration Number 010952
Incorporation Date 15 July 2009
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-30-0014243

Recognitions & Rankings of Varun Infrasteel

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-OD-30-0014243

Contact details

Varun Infrasteel Private Limited's registered office is in Rourkela, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/O Gulab Steel Traders Brahmani Tarang Vedvyas, Rourkela, Odisha, India – 769041
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Varun Infrasteel Private Limited, buy the company report.

Comprehensive company report
Varun Infrasteel Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Varun Infrasteel is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Varun Infrasteel Private Limited, buy the company report.

Financials of Varun Infrasteel Private Limited

FY 2024 filings available

Varun Infrasteel Private Limited reported revenue of ₹6.13 Cr (down 27% YoY) for FY 2024.

Revenue · FY 2024
₹6.13 Cr ▼ 27%
Net profit · FY 2024
₹6.48 Lakh margin 1.1%
EBITDA · FY 2024
₹13.96 Lakh margin 2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 8%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 28%
5 years · compounded
▲ 3%

Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹13.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.48 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.3%
Net Profit Margin1.1%
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 Infrasteel Private Limited, buy the company report.

Board of directors of Varun Infrasteel Private Limited

Varun Infrasteel has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ram Dularay ShawDirector15 Jul 200917 Years 3 MonthsCurrent
Raj Kumar KasaudhanDirector22 Sep 20179 Years 1 MonthsCurrent

Peer comparison

Varun Infrasteel Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kerala Iron Fabricators Consortium Limited₹6.19 Cr (FY 2024)-36.0%Kozhikode, Kerala, India
Corel Traders Private Limited₹6.16 Cr (FY 2025)-21.0%Mumbai, Maharashtra, India
Ileach Trading Private Limited₹6.15 Cr (FY 2025)-2.0%Gurugram, Haryana, India
Varun Infrasteel Private Limitedthis company₹6.13 Cr (FY 2024)₹6.48 Lakh1.1%-27.0%Rourkela, Odisha, India
Hamiasto Trading Private Limited₹6.12 Cr (FY 2022)274.0%Srinagar, Jammu and Kashmir, India

To see the full peer comparison of Varun Infrasteel Private Limited, buy the company report.

Auditor

Varun Infrasteel Private Limited is audited by AMIT RAM PRATAP & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
AMIT RAM PRATAP & COFY 2022324685E

Shareholding

The shareholding of Varun Infrasteel Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varun Infrasteel Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 May 2022100580255Axis Bank Limited₹1 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varun Infrasteel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Varun Infrasteel has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
21AADCV0415G1ZZOdishaActive01 Jul 2017
21AADCV0415G1D8OdishaActive07 Nov 2024

To see the full GST registrations and return filing status of Varun Infrasteel Private Limited, buy the company report.

Recent activity

Varun Infrasteel Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Raj Kumar Kasaudhan was appointed as Director on 22 Sep 2017.

AGM
Varun Infrasteel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varun Infrasteel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100580255 was registered on 26 May 2022.
Appointed
Raj Kumar Kasaudhan was appointed as Director.
Ceased
Vinod Kumar Shaw ceased to be Director.
Ceased
Anil Dora ceased to be Director.
Ceased
Usha Shaw ceased to be Director.
Appointed
Ram Dularay Shaw was appointed as Director.
Incorporation
15 Jul 2009
Varun Infrasteel Private Limited was registered on 15 Jul 2009 with Roc Cuttack & aged 17 years 3 months as per MCA records.

Frequently asked questions

Varun Infrasteel is an active private limited company based in Rourkela, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 15 July 2009 (17+ years old) and is registered under CIN U27100OR2009PTC010952.

Varun Infrasteel has 2 current directors:

The latest financial statements of Varun Infrasteel 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.

The GSTIN of Varun Infrasteel is 21AADCV0415G1ZZ, registered in Odisha. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AADCV0415G1D8 (Odisha).

The CIN (Corporate Identification Number) of Varun Infrasteel is U27100OR2009PTC010952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varun Infrasteel was incorporated on 15 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Varun Infrasteel by revenue are Kerala Iron Fabricators Consortium Limited, Corel Traders Private Limited, Ileach Trading Private Limited, Hamiasto Trading Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).

Raj Kumar Kasaudhan was appointed as Director on 22 Sep 2017. Vinod Kumar Shaw ceased to be Director on 20 May 2016. Anil Dora ceased to be Director on 07 Sep 2012. Varun Infrasteel has 5 board changes on record in total.

Yes, Varun Infrasteel is registered as a small enterprise under Udyam registration (number: UDYAM-OD-30-0014243).

The registered office of Varun Infrasteel is at CO Gulab Steel Traders Brahmani Tarang Vedvyas, Rourkela, Odisha, India – 769041.

Varun Infrasteel operates in the metals and minerals industry, in the metal retail and distribution segment.