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VARROC POLYMERS LIMITED

www.varrocgroup.com
Active
Updated: 05 Nov 2024

The company manufactures and distributes automobile components and accessories.

Varroc Polymers Limited, is an unlisted public company incorporated on 20 June, 1995. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 5.49 cr and the total paid-up capital is INR 52.91 lac.

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Subscription Plans
Industry and products
Manufacturing (Metals & Chemicals and their products)
  • electrical and electronics, and off highway vehicle manufacturers, passenger cars, lastic and polymer, and precision metallic components, as well as exterior lighting systems to two and three wheelers
Company size
Auth Capital
₹ 5.5 Cr
Paidup Capital
₹ 52.9 L
Revenue
₹ 2000-2250 cr
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
10.75%
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EBITDA
26.97%
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Net Profit
-
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Networth
34.74%
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Borrowings
-33.72%
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Assets
5.88%
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Gross Margin
2.13
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Operating Margin
1.32
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Net Profit Margin
10.94
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Return on Equity
40.07
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ROCE
8.62
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Debt to Equity
-0.41
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (23)
State Type Address

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People

Designation Name DIN/PAN Tenure
Managing Director Tarang Naresh Jain
Shareholder
00027505 30 years
Director Gautam Premnath Khandelwal 00270717 14 years
Director Marc Szulewicz 01911768 7 years
Director Vinish Kathuria 01951771 7 years
CS Anil Bhanwarlal Ghatiya <HIDDEN> 20 years
Whole-time Director Vidyadhar Madhukar Limaye 06720053 3 years
Whole-time Director Arjun Tarang Jain 07228175 3 years

Financial Highlights

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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%

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Total assets

Charges on assets

Bank wise
Charges
1

ICICI Bank Limited

No. of Loans: 4

Total Amount : 245.0 cr

2

Standard Chartered Bank

No. of Loans: 2

Total Amount : 90.5 cr

3

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 75.0 cr

4

SARASWAT CO-OPERATIVE BANK LTD

No. of Loans: 1

Total Amount : 75.0 cr

5

INDUSIND BANK LIMITED

No. of Loans: 1

Total Amount : 50.0 cr

6

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 35.0 cr

7

IDBI Bank Limited

No. of Loans: 1

Total Amount : 23.0 cr

8

HDFC Bank Limited

No. of Loans: 1

Total Amount : 20.0 cr

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Charges

ICICI Bank Limited
Standard Chartered Bank
IndusInd Bank Limited
SARASWAT CO-OPERATIVE BANK LTD
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
RUDRITARA PROPERTIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
VARROC LIGHTING PRIVATE LIMITED
Amalgamated
2.0 Cr 1 Maharashtra
VARROC TRADING PRIVATE LIMITED
Strike Off
1.7 L 1 Maharashtra
VARROC LIGHTING SYSTEMS (INDIA) PRIVATE LIMITED
Amalgamated
44.0 L 2 Maharashtra
VARROC EXHAUST SYSTEMS PRIVATE LIMITED
Amalgamated
2.0 Cr 1 Maharashtra
MARATHWADA AUTO CLUSTER
Active
61.0 L 1 Maharashtra
VARROC DELL'ORTO PRIVATE LIMITED
Active
3.0 Cr 2 Maharashtra
TCPL PACKAGING LIMITED
Active
9.1 Cr 1 Maharashtra
DUROVALVES INDIA PRIVATE LIMITED
Active
4.3 Cr 3 Maharashtra
VARROC ENGINEERING LIMITED
Active
15.3 Cr 5 Maharashtra
INFORMED TECHNOLOGIES INDIA LIMITED
Active
4.2 Cr 1 Maharashtra
THE MOTWANE MANUFACTURING COMPANY PRIVATE LIMITED
Active
7.1 Cr 1 Maharashtra
MAGNACHEM PHARMACEUTICALS PRIVATE LIMITE D
Strike Off
81.4 L 1 Maharashtra
ZEPPELIN INVESTMENTS PRIVATE LIMITED
Active
55.9 L 1 Maharashtra
KHANDELWAL REMEDIES P LTD
Strike Off
2.1 L 1 Maharashtra
GRAS EDUCATION & TRAINING SERVICES PRIVATE LIMITED
Active
3.6 Cr 1 Delhi
TESTDATA TECHNOLOGIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
NAGPUR POWER AND INDUSTRIES LIMITED
Active
13.1 Cr 1 Maharashtra
ENTECRES LABS PRIVATE LIMITED
Active
1.7 L 1 Delhi
CARIQ TECHNOLOGIES PRIVATE LIMITED
Active
3.3 L 2 Maharashtra
FCPL BUY BIZ SELL BIZ PRIVATE LIMITED
Strike Off
15.0 L 1 Delhi
SENSEAI PARTNERS LLP
Active
1.0 L 1 Haryana
PFP ACOUSTIC AND SOFT TRIMS INDIA PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
FORES ELASTOMECH INDIA PRIVATE LIMITED Maharashtra 2005 ₹ 82.8 L

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
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Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U25209MH1995PLC090037

PAN

AABCM2508F

Incorporation

1995, 29.9 years

Company Email

companysecretary@varroc.com

Paid up Capital

₹ 52.9 L

Authorised Capital

₹ 5.5 Cr

AGM

Sep 2024

Type

Public
Non-government Company

FAQ - VARROC POLYMERS LIMITED

What is the incorporation date of VARROC POLYMERS LIMITED?

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The incorporation date of VARROC POLYMERS LIMITED is 20 June, 1995

What is the authorized share capital of VARROC POLYMERS LIMITED?

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The authorized share capital of VARROC POLYMERS LIMITED is INR ₹ 5.5 Cr.

What is the paid-up capital of VARROC POLYMERS LIMITED?

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The paid-up capital of VARROC POLYMERS LIMITED is INR ₹ 52.9 L.

What is the registered address of VARROC POLYMERS LIMITED?

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The registered address of VARROC POLYMERS LIMITED is Plot No. L-4, MIDC, Waluj, NA Aurangabad Aurangabad Maharashtra - 431136

What is the CIN number of VARROC POLYMERS LIMITED?

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The CIN number of VARROC POLYMERS LIMITED is U25209MH1995PLC090037.

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