Var Facility Management Solutions Private Limited logo

Var Facility Management Solutions Private Limited

Provides comprehensive facility management services for various clients in Bangalore.
2006 | Bangalore, Karnataka (India) | Active

Last Updated:

June 15, 2024
HomeCompanyVar Facility Management Solutions Private Limited

Who are the key members and board of directors at Var Facility Management Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjay Dugar NpManaging Director02-Nov-2007Current

Board Members(3)

NameDesignationAppointment DateStatus
Shilpa Dugar In Director 02-Nov-2007Current
Padmanabha Adiga In Director 22-Jan-2017Current
Aagam Dugar In Director 22-Jan-2017Current

Financial Performance of Var Facility Management Solutions.

Var Facility Management Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.11% decrease. The company also saw a slight decrease in profitability, with a 9.93% decrease in profit. The company's net worth moved up by a moderate rise of 5.69%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-6.11%
Revenue from Operations
-12.02%
Total Assets
3.67%
Profit or Loss
-9.93%
Net Worth
5.69%
EBITDA
-119.82%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹100.00 M

₹54.15 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 16 May 2019
₹10.00 CrOpen

Axis Bank Limited

Creation Date: 25 Mar 2010
₹1.17 MSatisfied

Axis Bank Limited

Creation Date: 23 Jan 2010
₹0.48 MSatisfied

How Many Employees Work at Var Facility Management Solutions?

Var Facility Management Solutions has a workforce of 1765 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Var Facility Management Solutions

Recent activity within the organization

  • Annual General Meeting

    Var Facility Management Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Var Facility Management Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 100263424 was registered on 16 May 2019.

    16 May 2019

  • Charges

    A charge registered on 22 Dec 2009 via Charge ID 10197119 with State Bank Of India was fully satisfied on 11 Apr 2019.

    11 Apr 2019

  • Director Appointment

    Padmanabha Adiga was appointed as a Director was appointed as a Director on 22 Jan 2017 & has been associated with this company since 7 years 11 months .

    22 Jan 2017

  • Director Appointment

    Aagam Vedant Dugar was appointed as a Director was appointed as a Director on 22 Jan 2017 & has been associated with this company since 7 years 11 months .

    22 Jan 2017

Frequently asked questions

  • Var Facility Management Solutions Private Limited was incorporated on 28 Aug 2006.

  • The authorized share capital of Var Facility Management Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Var Facility Management Solutions Private Limited.

    • Shilpa Dugar
    • Sanjay Dugar
    • Padmanabha Adiga
    • Aagam Vedant Dugar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Var Facility Management Solutions Private Limited is 2Nd Floor Grace Towers At No. 70 Millers Road Vasanth Nagar, Bangalore, Karnataka, India, 560052.

  • The corporate identification number (CIN) of Var Facility Management Solutions Private Limited is U74140KA2006PTC040308 and the company number is 040308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Var Facility Management Solutions Private Limited is https://www.varfms.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Var Facility Management Solutions Private Limited has fallen by -6.11%.

  • As Per 2023 financial reports, 1765 employees are currently employed by Var Facility Management Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Var Facility Management Solutions Private Limited has experienced an upsurge of 5.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Var Facility Management Solutions Private Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Var Facility Management Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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