Varun Ventures Private Limited
About Varun Ventures Private Limited
Data last updated:
Varun Ventures Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 10 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65921AP1989PTC010323. Its GSTIN is 33AAACV7397J1ZV (Tamil Nadu).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹16.96 Lakh. It was formerly known as Varun Finance Pvt. Ltd. It is led by directors Suresh Babu Chintapalli and Siva Kumar Bellamkonda.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 36 – 12 – 6 Shantinagar Vijayawada, Andhra Pradesh, India – 520010.
As per MCA filings, the company has open charges of ₹3.99 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varun Ventures Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address36 – 12 – 6 Shantinagar Vijayawada, Andhra Pradesh, India – 520010
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Varun Ventures 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 Ventures Private Limited
FY 2022 filings availableVarun Ventures Private Limited reported revenue of ₹8,000 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years. 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
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| Total Revenue | ₹8,000 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Varun Ventures Private Limited, buy the company report.
Board of directors of Varun Ventures Private Limited
Varun Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siva Kumar Bellamkonda | Additional Director | 23 Feb 2021 | 5 Years 8 Months | Current |
| Suresh Babu Chintapalli Also directs: Apv Minerals LLP, Neycer India Limited, Varalakshmi Agencies Private Limited and 2 more | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Varun Ventures Private Limited is audited by SNS ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNS ASSOCIATES | FY 2022 | 006297S |
Shareholding
The shareholding of Varun Ventures 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 2018 | FY 2017 |
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To see the full shareholding pattern of Varun Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101035086 | Others | ₹3 Cr | Open | |
| 24 Dec 2018 | 100230745 | Hdfc Bank Limited | ₹99 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Varun Ventures Private Limited has 2 court cases on record: 2 filed by Varun Ventures. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
| High Court, TELANGANA | Court case (COMPA) | Filed by the company | Disposed |
To see the full case history of Varun Ventures 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 Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varun Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV7397J1ZV | Tamil Nadu | Active | 18 Apr 2018 |
To see the full GST registrations and return filing status of Varun Ventures Private Limited, buy the company report.
Recent activity
Varun Ventures Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Raghavan Gopalaswami ceased to be Additional Director on 05 Mar 2021.
Frequently asked questions
Varun Ventures is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 10 August 1989 (37+ years old) and is registered under CIN U65921AP1989PTC010323.
Varun Ventures has 2 current directors:
- Siva Kumar Bellamkonda - Additional Director
- Suresh Babu Chintapalli - Director
The latest financial statements of Varun Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Varun Ventures is 33AAACV7397J1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Varun Ventures is U65921AP1989PTC010323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Ventures has 2 court cases on record: 2 filed by the company.
Varun Ventures was incorporated on 10 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Vijayawada.
Raghavan Gopalaswami ceased to be Additional Director on 05 Mar 2021. Siva Kumar Bellamkonda was appointed as Additional Director on 23 Feb 2021. Yalamanchi Venkata Ratnam ceased to be Director on 24 Oct 2018. Varun Ventures has 5 board changes on record in total.
The registered office of Varun Ventures is at 36 – 12 – 6 Shantinagar Vijayawada, Andhra Pradesh, India – 520010.
Varun Ventures operates in the metals and minerals industry, in the construction materials retail and distribution segment.