Vara Infrovate Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 1.10 Cr
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 55.50 Cr
- Satisfied Charges ₹ 36.88 Cr
- Revenue Growth 2.54%
- Profit Growth -64.08%
- Ebitda -56.48%
- Net Worth 3.57%
- Total Assets 10.65%
About Vara Infrovate
Vara Infrovate Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 January 2013 and has a history of 12 years and one month. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Infrovate Consulting And Solutions Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 1.10 Cr.
The company currently has active open charges totaling ₹55.50 Cr. The company has closed loans amounting to ₹36.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vara Infrovate Private Limited India is Sanjay Chaurasia as COMPANY SECRETARY. Vishal Arora, Arup Gupta, and Jayanta Mukhopadhyaya serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72300WB2013PTC189691
- Company No.
189691
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jan 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Vara Infrovate Private Limited offer?
Vara Infrovate Private Limited offers a wide range of products and services, including Business Consultant, Strategic Consulting Service, Networking Solutions, Communication Technology Services, Security & Inspection Devices, Car Parking System, Computer Repair & Maintenance Services, Computer AMC Services.
Who are the key members and board of directors at Vara Infrovate?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Arora  | Managing Director | 20-Apr-2018 | Current |
| Sanjay Chaurasia | Company Secretary | 01-Apr-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arup Gupta | Director | 11-Jan-2013 | Current |
| Jayanta Mukhopadhyaya | Director | 15-Jun-2021 | Current |
Financial Performance of Vara Infrovate.
Vara Infrovate Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.54% increase. The company also saw a substantial fall in profitability, with a 64.08% decrease in profit. The company's net worth moved up by a moderate rise of 3.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vara Infrovate?
In 2023, Vara Infrovate had a promoter holding of 90.97% and a public holding of 9.03%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sastasundar Ventures LimitedJayanta Mukhopadhyaya is a mutual person
Vara Technology Private LimitedVishal Arora and Jayanta Mukhopadhyaya are mutual person
Investa Tech Solutions Private LimitedVishal Arora is a mutual person
- Nainar Tech Private Limited
Arup Gupta is a mutual person
- Helios Trustee Private Limited
Jayanta Mukhopadhyaya is a mutual person
Charges (Loans)
₹55.50 Cr
₹36.88 Cr
Charges Breakdown by Lending Institutions
- Others : 45.00 Cr
- Srei Infrastructure Finance Limited : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2020 | Others | ₹45.00 Cr | Open |
| 22 Jul 2015 | Srei Infrastructure Finance Limited | ₹10.50 Cr | Open |
| 28 Jan 2019 | Others | ₹17.00 Cr | Satisfied |
| 04 Jul 2016 | Others | ₹6.12 Cr | Satisfied |
| 28 Feb 2016 | Others | ₹13.77 Cr | Satisfied |
How Many Employees Work at Vara Infrovate?
Vara Infrovate has a workforce of 120 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vara Infrovate, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vara Infrovate's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
