Varroc Polymers Limited - Company overview

Varrocgroup is shown as "Amalgamated" in MCA records.

1995-06-20 Aurangabad, Maharashtra Amalgamated Unlisted Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 14.0%
FY 2023
PROFIT / LOSS
Loss · ₹50–100 Cr
▼ -314.1%
FY 2023
EBITDA
₹100–500 Cr
▲ 43.9%
FY 2023
NET WORTH
₹100–500 Cr
▼ -12.5%
FY 2023
TOTAL ASSETS
₹1000+ Cr
▲ 18.2%
FY 2023
EMPLOYEE COUNT
1,841–1,850
OPEN CHARGES
14
103.85 cr
PAID-UP CAPITAL
52.91 Lakh
AUTHORISED CAPITAL
5.49 cr
COMPANY AGE
31 Years 4 Months
since 1995-06-20
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-12
ACTIVE GST
7
Updated: 2023-07-08 01:53:46
TOTAL MONEY RAISED
₹50–100 Cr
SATISFIED CHARGES
34
499.65 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Varrocgroup covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
59/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (10), financial health (75), director (95) and company-foundation signals.
  • Operating for 31+ years.
Compliance Score High risk
10/100
Statutory filings, status and regulatory flags.
  • Company status is "Amalgamated" (not Active).
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
75/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Varrocgroup Company identity, industry, contact, and registration details from MCA and company records.

Varrocgroup is shown as "Amalgamated" in MCA records. It was registered with ROC Mumbai on 20 June 1995 as a public limited company. Its registered office is at Plot No. L-4, Midc, Waluj, Aurangabad, Maharashtra. Earlier names on record include Varroc Polymers Private Limited, Mouldcraft (Hindustan) Private Limited and Mouldcraft (Hindustan) Limited.

Its filings describe the main line of business as plastic products, non-metallic mineral products, rubber products, fabricated metal products, which made up 100% of turnover.

It has eight directors: Arjun Tarang Jain, Marc Szulewicz, Vinish Kathuria and 5 others. The longest-serving is Tarang Naresh Jain, on the board since 1995; the most recent to join is Vidyadhar Madhukar Limaye, appointed in November 2022. Tarang Naresh Jain is the managing director. Eight former directors are on record; the most recent to leave was Dharapuram Srinivasan Sethumadhavan in November 2022. Between them, the directors also sit on the boards of 6 other companies, including Varroc Connect Private Limited and Varroc Engineering Limited.

Paid-up capital is ₹52.91 lakh against an authorised ₹5.49 crore, so most of the authorised capital has not been issued yet. The last AGM on record was on 12 September 2024, for accounts made up to 31 March 2024. All 34 charges registered against it have been satisfied, so no secured loan is open.

Automotive ••••••••
  • Location Plot No. L-4, Midc, Waluj,, Aurangabad, Maharashtra - 431136
  • Website varroc.com
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Name History
Legal NameVarroc Polymers Limited
CIN / LLPINU25209MH1995PLC090037
Company No.090037
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1995-06-20
Date of AGM2024-09-12
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingA (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Varrocgroup (8) Current board members from MCA filings, including designation and appointment details.

A
Arjun Tarang Jain
Whole-time director | Since 2022-11-14 | DIN: 07228175
M
Marc Szulewicz
Director | Since 2018-11-13 | DIN: 01911768
V
Vinish Kathuria
Director | Since 2018-11-13 | DIN: 01951771
A
Anil Ghatiya
Company Secretary | Since 2005-01-01
V
Vidyadhar Madhukar Limaye
Whole-time director | Since 2022-11-14 | DIN: 06720053
T
Tarang Naresh Jain
Managing Director | Since 1995-06-28 | DIN: 00027505

Financial Performance of Varrocgroup Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1000+ Cr ▲ 14.0%
P&L Loss · ₹50–100 Cr ▼ -314.1%
EBITDA ₹100–500 Cr ▲ 43.9%
Net worth ₹100–500 Cr ▼ -12.5%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Varrocgroup Open and satisfied charges registered against the company with MCA.

Others : 150.00 cr
Hdfc Bank Limited : 50.00 cr
Standard Chartered Bank : 10.00 cr
Open Charges: 14 Satisfied Charges: 34
Open 103.85 cr
Satisfied 499.65 cr
LenderAmountStatus
Standard Chartered Bank
Creation Date: 23 Apr 2021
 10.00 cr Closed
Hdfc Bank Limited
Creation Date: 30 Dec 2020
 50.00 cr Closed
Others
Creation Date: 22 Jun 2020
 50.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingPlastic products, non-metallic mineral products, rubber products, fabricated metal products100

Companies With Common Directors Of Varrocgroup Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Varroc Connect Private Limited 2 Shared Directors
Varroc Engineering Limited 2 Shared Directors
Durovalves India Private Limited 1 Shared Director
Fcpl Buy Biz Sell Biz Private Limited 1 Shared Director
Varroc Dell'orto Private Limited 1 Shared Director
Varroc Lighting Systems (India) Private Limited 1 Shared Director

Financial Ratios of Varrocgroup Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Varrocgroup Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Varrocgroup EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Varrocgroup GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Varrocgroup Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Varrocgroup MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Varrocgroup Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Varrocgroup Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Varrocgroup?
MCA does not publish an "owner" field. Varrocgroup is run by its directors, Arjun Tarang Jain, Marc Szulewicz, Vinish Kathuria and five others, with Tarang Naresh Jain as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Varrocgroup?
Varrocgroup has eight current directors: Arjun Tarang Jain (since November 2022), Marc Szulewicz (since November 2018), Vinish Kathuria (since November 2018), Anil Ghatiya (since January 2005), Vidyadhar Madhukar Limaye (since November 2022) and Tarang Naresh Jain (since June 1995), plus 2 more. Tarang Naresh Jain is the managing director.
What is CIN of Varrocgroup?
The CIN of Varrocgroup is U25209MH1995PLC090037. Reading it left to right: U means it is not listed, 25209 is the industry code it registered under, MH is Maharashtra, 1995 is the year it was registered, PLC is the company type and 090037 is its registration number.
When was Varrocgroup incorporated?
Varrocgroup was incorporated on 20 June 1995 with ROC Mumbai. That makes it more than 31 years old.
What is the registered address of Varrocgroup?
The registered office on MCA records is Plot No. L-4, Midc, Waluj, Aurangabad, Maharashtra - 431136.
What is the current status of Varrocgroup?
MCA shows Varrocgroup as "Amalgamated". It has been merged into another company and no longer exists on its own.
What is the contact number or email for Varrocgroup?
You can post to its registered office at Plot No. L-4, Midc, Waluj, Aurangabad, Maharashtra - 431136 and use its website, https://varroc.com.
What industry or business activity is Varrocgroup associated with?
Its MCA filings list the main business as plastic products, non-metallic mineral products, rubber products, fabricated metal products (100% of turnover).
What is paid-up capital and authorised share capital of Varrocgroup?
Paid-up capital is ₹52.91 lakh and authorised capital is ₹5.49 crore, so about 10% of the authorised amount has been issued.
When did Varrocgroup last file accounts and hold an AGM?
The last AGM on record was on 12 September 2024, and the latest balance sheet is for the year ending 31 March 2024.
Where can I see charges and lenders for Varrocgroup?
No charge is open. All 34 charges registered against Varrocgroup have been satisfied. Lenders named in the filings include Standard Chartered Bank and Hdfc Bank Limited.
Have any directors left Varrocgroup?
Yes, eight former directors are on record. The most recent to leave were Dharapuram Srinivasan Sethumadhavan (November 2022), Naresh Chandra (November 2020) and Ashwani Maheshwari (September 2018).
Which companies share directors with Varrocgroup?
6 companies share directors with Varrocgroup. Among them are Varroc Connect Private Limited, Varroc Engineering Limited, Durovalves India Private Limited and 3 more.
What is the turnover or revenue of Varrocgroup?
Based on filed financial statements, the revenue of Varrocgroup for FY 2023 was in the ₹1000+ Cr range. That is up 14.0% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Varrocgroup?
For FY 2023, the net worth of Varrocgroup was in the ₹100–500 Cr range.
How can I get the financial details of Varrocgroup?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Varrocgroup?
The website on record for Varrocgroup is https://varroc.com.
Which company owns varroc.com?
varroc.com is the website listed for Varroc Polymers Limited in its company records.
Varrocgroup - is it listed or unlisted?
Varrocgroup is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Varrocgroup?
Varrocgroup is registered with ROC Mumbai.
What is the company classification of Varrocgroup?
MCA classifies Varrocgroup as: Public Limited Indian Non-Government Company.
Does Varrocgroup have GST registrations on file?
Yes, 7 active GST registrations are linked to Varrocgroup, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.