About Varun Motors Private Limited
Data last updated:
Varun Motors 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 22 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50100AP1993PTC016615. Its GSTIN is 37AABCV2471Q1ZR (Andhra Pradesh). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors including Varun Dev Vallurupalli (Managing Director) and Lakshmi Kishore Vallurupalli (Whole-Time Director).
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 # 7 – 8 – 1/1 Varun Towers Kasturba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2024, the company reported a revenue of ₹5,047.59 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹114.85 Cr (net margin 2.3%) and EBITDA of ₹275.28 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 11,296 employees on its provident fund (EPFO) records.
The company is associated with 5 brands: Arenaofnizamabad, Varun Motors, NEXA Rajaji Nagar, Nexaofsainikpuri and Varun Maruti. As per MCA filings, the company has open charges of ₹1,398.7 Cr and satisfied charges of ₹1,246.66 Cr on record. Court records list 103 cases involving the company, including 36 filed by the company and 67 filed against it; 34 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8.66 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varunmaruti.com.
Company details
CIN history
Varun Motors has one previous CIN (Corporate Identification Number): U34100AP1993PTC016615. The current CIN is U50100AP1993PTC016615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50100AP1993PTC016615 | Current |
| U34100AP1993PTC016615 | Previous |
Contact details
Varun Motors Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is varunmaruti.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 7 – 8 – 1/1 Varun Towers Kasturba Marg Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varun Motors 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
Brands
Varun Motors operates multiple associated brands including Arenaofnizamabad, Varun Motors, and NEXA Rajaji Nagar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Authorized dealership selling Maruti Suzuki cars and providing finance, insurance, and servicing. | arenaofnanakramguda.com | |
| Automobile dealership selling Maruti Suzuki vehicles and providing after-sales services. | nexaofrajajinagar.com | |
| Varun Maruti provides comprehensive automobile dealership services for vehicles. | varunmaruti.com | |
| Provides sales, finance, insurance, and maintenance for Maruti Suzuki vehicles. | arenaofnizamabad.com | |
| Authorized dealership for Maruti Suzuki cars with sales, finance, and maintenance services. | nexaofsainikpuri.com |
Business activity
The main business activity of Varun Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Varun Motors Private Limited, buy the company report.
Financials of Varun Motors Private Limited
FY 2024 filings availableVarun Motors Private Limited reported revenue of ₹5,047.59 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 9% growth in the latest year. EBITDA rose 4% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5,047.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹275.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹114.85 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varun Motors Private Limited, buy the company report.
Board of directors of Varun Motors Private Limited
Varun Motors has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Kishore Vallurupalli | Director | 22 Nov 1993 | 32 Years 11 Months | Current |
| Lakshmi Kishore Vallurupalli | Whole-Time Director | 22 Nov 1993 | 32 Years 11 Months | Current |
| Vellanki Subba Rao | Whole-Time Director | 01 Apr 1999 | 27 Years 7 Months | Current |
| Venkata Satyanarayana Putumbaka | Whole-Time Director | 22 Apr 2006 | 20 Years 6 Months | Current |
| Varun Dev Vallurupalli | Managing Director | 17 Sep 2004 | 22 Years 1 Months | Current |
| Ramachandra Vejella Raju Also directs: Varsha Builders Private Limited | Whole-Time Director | 10 Jul 2004 | 22 Years 3 Months | Current |
Auditor
Varun Motors Private Limited is audited by K.V. RAGHU VAMSI & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.V. RAGHU VAMSI & CO | FY 2024 | 024581S |
Shareholding
The shareholding of Varun Motors Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varun Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2025 | 101102609 | Axis Bank Limited | ₹10 Cr | Open | |
| 19 Apr 2025 | 101103353 | Axis Bank Limited | ₹250 Cr | Open | |
| 07 Apr 2025 | 101086613 | The South Indian Bank Limited | ₹15 Cr | Open | |
| 17 Oct 2024 | 100999736 | Idbi Bank Limited | ₹50 Cr | Open | |
| 04 Oct 2024 | 100994335 | Indian Bank | ₹50 Cr | Open |
To see the full charge records of Varun Motors Private Limited, buy the company report.
Total charge records: 101 View all charges
Deals & funding
Varun Motors Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8.66 Cr; the latest was in March 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2011 | Funding round | ₹5.7 Cr | Investors: 2 individuals |
| Mar 2011 | Funding round | ₹2.96 Cr | Investors: an individual |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Varun Motors Private Limited has 103 court cases on record: 36 filed by Varun Motors, 67 filed against it. 34 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 37 | 17 |
| High courts | 49 | 28 | 17 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Court case (CEP) | Filed by the company against M/S Ananthavijaya Properties Pvt Ltd Rep by Director Maganti Venkata Srinivas and 3 others | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited (Tgspdcl) | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. R.C. Finance Limited | Pending |
| District court, Visakapatnam, Andhra Pradesh | Criminal case | Filed by the company against M/S. Srinivasa Sales and Service Pvt Limited Rep by Its Authorised Signatory Maganti Venu Gopal and 1 other | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against M/S Hinduja Leyland Finance Ltd Rep by Kothakonda Ravi Kumar and 1 other | Pending |
To see the full case history of Varun Motors 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.
Credit ratings & regulatory alerts
Varun Motors Private Limited was last rated by Icra on 25 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 May 2020 |
To see the full credit ratings and regulatory alerts of Varun Motors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varun Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Varun Motors has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Varun Motors Private Limited has a workforce of 11,296 employees on its EPFO records as of Jan 02, 2026, across 7 active EPFO establishments.
GST
Varun Motors has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCV2471Q1ZR | Andhra Pradesh | Active | 01 Jul 2017 |
| 37AABCV2471Q2ZQ | Andhra Pradesh | Active | 17 Jun 2022 |
| 37AABCV2471Q3ZP | Andhra Pradesh | Active | 14 May 2024 |
| 37AABCV2471Q4ZO | Andhra Pradesh | Active | 01 Apr 2025 |
To see the full GST registrations and return filing status of Varun Motors Private Limited, buy the company report.
Recent activity
Varun Motors Private Limited has 15 board changes on record since 1993: 7 appointments and 8 cessations. The latest: Lakshmi Kishore Vallurupalli ceased to be Director on 30 Jun 2022.
215 earlier events are in the company report.
News
Frequently asked questions
Varun Motors 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 22 November 1993 (33+ years old) and is registered under CIN U50100AP1993PTC016615.
Varun Motors has 6 current directors:
- Varun Dev Vallurupalli - Managing Director
- Lakshmi Kishore Vallurupalli - Whole-Time Director
- Vellanki Subba Rao - Whole-Time Director
- Venkata Satyanarayana Putumbaka - Whole-Time Director
- Ramachandra Vejella Raju - Whole-Time Director
- Prabhu Kishore Vallurupalli - Director
The latest financial statements of Varun Motors 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 Motors is 37AABCV2471Q1ZR, registered in Andhra Pradesh. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 37AABCV2471Q2ZQ (Andhra Pradesh), 37AABCV2471Q3ZP (Andhra Pradesh), 37AABCV2471Q4ZO (Andhra Pradesh).
The CIN (Corporate Identification Number) of Varun Motors is U50100AP1993PTC016615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Motors has 103 court cases on record: 36 filed by the company and 67 filed against it. 34 are pending. Most are in the district courts.
Varun Motors was incorporated on 22 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Vijayawada.
Varun Motors has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8.66 Cr; the latest was in March 2018.
Lakshmi Kishore Vallurupalli ceased to be Director on 30 Jun 2022. Ramachandra Vejella Raju ceased to be Director on 31 Mar 2022. Vellanki Subba Rao ceased to be Director on 31 Mar 2022. Varun Motors has 15 board changes on record in total.
Varun Motors can be reached through the website varunmaruti.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
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