Varun Resources Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U61200MH2010PLC208659 Incorporated 06 October 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Public Limited Company transport and logistics
Data last updated
Revenue · FY 2016
₹316.4 Cr
▲ 531.00% YoY
EBITDA · FY 2016
*****
▲ 262.00% YoY
Net profit · FY 2016
*****
▲ 100.00% YoY
Authorised capital
₹368.1 Cr
Registered with MCA
Paid-up capital
₹151.02 Cr
Issued & subscribed
Open charges
₹6,111.48 Cr
Satisfied ₹4,836.74 Cr
Company age
16 yrs
Est. 2010
Last financials
Mar 2016
Balance sheet date

About Varun Resources Limited

Data last updated: 22 July 2025

Varun Resources Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Varun Corporation Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in shipping and maritime services, a part of the broader transport and logistics sector. Incorporated on 06 October 2010, the company has been in operation for over 16 years.

Registered with ROC Mumbai under CIN U61200MH2010PLC208659.

Capital: an authorised share capital of ₹368.1 Cr and a paid-up capital of ₹151.02 Cr. Formerly known as Royal Orchid Conreal Private Limited and Varun Resources Private Limited. It is led by directors including Srinivasagopalan Ara Amudan and Atul Chandra Varma.

Last AGM: 19 August 2016. Financial statements filed for year ended 31 March 2016. Office: Laxmi Building 6 Shoorji Vallabhdas Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2016, the company reported a revenue of ₹316.4 Cr, reflecting significant growth compared to the previous year.

It operates as a subsidiary of Varun Corporation Limited.

As per MCA filings, the company has open charges of ₹6,111.48 Cr and satisfied charges of ₹4,836.74 Cr on record.

The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is varunresources.com.

Company Details of Varun Resources Limited
CIN U61200MH2010PLC208659
Registration Number 208659
Incorporation Date 06 October 2010
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 19 August 2016
Date of Balance Sheet 31 March 2016
Parent Company Varun Corporation Limited
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    Laxmi Building 6 Shoorji Vallabhdas Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
  • Industry
    Transport and Logistics, Shipping & Maritime Services
Company report
Varun Resources Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Varun Resources Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Varun Resources Limited

Varun Resources Limited has undergone 2 name changes throughout its history. The company was previously known as Royal Orchid Conreal Private Limited, and Varun Resources Private Limited. The current legal name is Varun Resources Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Varun Resources Limited Current
Royal Orchid Conreal Private Limited Previous
Varun Resources Private Limited Previous

CIN History of Varun Resources Limited

Varun Resources Limited has one previous CIN (Corporate Identification Number): U61200MH2010PTC208659. The current CIN is U61200MH2010PLC208659, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U61200MH2010PLC208659 Current
U61200MH2010PTC208659 Previous

Business Activity of Varun Resources Limited

Varun Resources Limited is engaged in the principal business activity of transport and storage, with detailed activities including water transport.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
H Transport and storage H3 Water transport *********

Auditor Details of Varun Resources Limited

Varun Resources Limited is audited by SORAB S ENGINEER & CO for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
SORAB S ENGINEER & CO blur-value blur-value blur-value

Board of Directors of Varun Resources Limited

Varun Resources Limited is currently managed by 3 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Srinivasagopalan Ara Amudan Director 01 Feb 2015 11 Years 5 Months As last reported
Atul Chandra Varma Nominee Director 27 Oct 2015 10 Years 8 Months As last reported
Yudhisthir Dilip Khatau Managing Director 22 Mar 2012 14 Years 3 Months As last reported

Financials of Varun Resources Limited FY 2016 filings available

Varun Resources Limited reported revenue of ₹316.4 Cr (up 531% YoY) for FY 2016. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹316.4 Cr ▲ 531%
Profit
***** ▲ 100%
EBITDA
***** ▲ 262%
Metrics
*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
*****
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
*****
*****
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Solvency
D/E Ratio
*****
*****
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ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Varun Resources Limited

As of FY 2016, Varun Resources Limited's shareholding pattern shows 72.54% by promoters, 2.86% by domestic institutional investors (DII), 24.55% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Varun Resources Limited

Open charges
₹6,111.48 Cr
Satisfied charges
₹4,836.74 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹2,236.60 Cr
State Bank of India₹1,727.27 Cr
Icici Bank Limited₹795.01 Cr
Unit Trust of India Investment Advisory Services Limited₹196.27 Cr
Others₹176.00 Cr
Others₹980.33 Cr
Latest charge details
DateLenderAmountStatus
31 Mar 2016 Others ₹176 Cr Open
09 Dec 2015 Icici Bank Limited ₹387.44 Cr Open
24 Jul 2015 Sbicap Trustee Company Limited ₹2,236.6 Cr Open
18 Jun 2015 Export-Import Bank of India ₹150 Cr Open
30 Oct 2014 State Bank of Bikaner and Jaipur ₹6 Cr Open

Total charge records: 154 View all charges

Employees and EPFO Compliance at Varun Resources Limited

View historical data on people associated with Varun Resources Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Varun Resources Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Varun Resources Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Varun Resources Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Varun Resources Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Varun Resources Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Varun Resources Limited

MSME Payment Delays by Varun Resources Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Varun Resources Limited

Subsidiaries & Group Companies of Varun Resources Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Varun Resources Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Varun Resources Limited

MCA Filings & Documents of Varun Resources Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Varun Resources Limited

Activity
19 Aug 2016
Varun Resources Limited last Annual general meeting of members was held on 19 Aug 2016 as per latest MCA records.
Charges
20 Jun 2016
A charge with Sbicap Trustee Company Limited of Rs. 2,236.60 Cr registered on 24 Jul 2015 with Charge ID 10584875 was modified on 20 Jun 2016.
Charges
13 May 2016
A charge registered on 07 Jan 2016 via Charge ID 10612770 with Axis Bank Limited was fully satisfied on 13 May 2016.
Charges
31 Mar 2016
A charge with Others amounted to Rs. 176.00 Cr with Charge ID 100025849 was registered on 31 Mar 2016.
Activity
31 Mar 2016
Varun Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Charges
07 Jan 2016
A charge with Axis Bank Limited amounted to Rs. 93.75 Cr with Charge ID 10612770 was registered on 07 Jan 2016.

Recent News on Varun Resources Limited

Frequently Asked Questions about Varun Resources Limited

Varun Resources Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Varun Resources Limited is a company under liquidation, formerly operating as a public limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 06 October 2010 and is registered under CIN U61200MH2010PLC208659. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Varun Resources Limited reported revenue of ₹316.4 Cr for FY 2016 (up 531.00% YoY).

The current directors of Varun Resources Limited are:

The CIN (Corporate Identification Number) of Varun Resources Limited is U61200MH2010PLC208659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varun Resources Limited has open charges of ₹6,111.48 Cr and satisfied charges of ₹4,836.74 Cr as per latest MCA filings.

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