Vara Infrovate Private Limited

Provides tolling and access control solutions, trades related equipment and RFID based solutions.

2013 | Kolkata, West Bengal (India) | Active
Last Updated:

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. Arup Gupta, Vishal Arora, 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

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Vishal Arora Country flag representing In Managing Director20-Apr-2018Current
Sanjay Chaurasia Country flag representing In Company Secretary01-Apr-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Arup Gupta Country flag representing In Director 31-Jan-2022Current
Jayanta Mukhopadhyaya Country flag representing In Director 15-Jun-2021Current

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%.

Vara Infrovate revenue growth over time
Vara Infrovate profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.54%
Revenue from Operations
0.03%
Total Assets
10.65%
Profit or Loss
-64.08%
Net Worth
3.57%
EBITDA
-56.48%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.50 Cr

Satisfied Charges

₹36.88 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.00 Cr
  • Srei Infrastructure Finance Limited : 10.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2020Others₹45.00 CrOpen
22 Jul 2015Srei Infrastructure Finance Limited₹10.50 CrOpen
28 Jan 2019Others₹17.00 CrSatisfied
04 Jul 2016Others₹6.12 CrSatisfied
28 Feb 2016Others₹13.77 CrSatisfied

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.

Employee growth trends for Vara Infrovate Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Vara Infrovate

Recent activity within the organization

  • Annual General Meeting

    Vara Infrovate Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vara Infrovate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Arup Kumar Gupta was appointed as a Director was appointed as a Director on 31 Jan 2022 & has been associated with this company since 3 years 1 month .

  • Director Appointment

    Jayanta Nath Mukhopadhyaya was appointed as a Director was appointed as a Director on 15 Jun 2021 & has been associated with this company since 3 years 8 months .

  • Charges

    A charge registered on 28 Jan 2019 via Charge ID 100262621 with Others was fully satisfied on 07 Nov 2020.

  • Charges

    A charge registered on 04 Jul 2016 via Charge ID 100191763 with Others was fully satisfied on 09 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Vara Infrovate Private Limited?

    Vara Infrovate Private Limited was incorporated on 11 Jan 2013.

  • What is authorized share capital and paid-up capital of Vara Infrovate Private Limited?

    The authorized share capital of Vara Infrovate Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.10 Cr.

  • Who are the current board members & directors of Vara Infrovate Private Limited?

    Currently 4 directors are associated with Vara Infrovate Private Limited.

    • Arup Kumar Gupta
    • Vishal Arora
    • Sanjay Kumar Chaurasia
    • Jayanta Nath Mukhopadhyaya

  • What is the registered address of Vara Infrovate Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vara Infrovate Private Limited is Tangra Industrial Estate Phase - Ii 45 Radhanath Chowdhury Road, India, Kolkata, West Bengal, 700015.

  • What is the corporate identification number (CIN) and company number of Vara Infrovate Private Limited?

    The corporate identification number (CIN) of Vara Infrovate Private Limited is U72300WB2013PTC189691 and the company number is 189691 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vara Infrovate Private Limited?

    The Official website of Vara Infrovate Private Limited is https://www.varainfrovate.com

  • What has been the recent revenue trend for Vara Infrovate Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vara Infrovate Private Limited has risen by 2.54%.

  • How many employees does Vara Infrovate Private Limited currently have?

    As Per 2023 financial reports, 120 employees are currently employed by Vara Infrovate Private Limited.

  • What change has been observed in the net worth of Vara Infrovate Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vara Infrovate Private Limited has experienced an upsurge of 3.57%.

  • What are the total open charges for Vara Infrovate Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vara Infrovate Private Limited amount to ₹ 55.50 Cr.

  • When was the last Balance Sheet of Vara Infrovate Private Limited filed with the ROC?

    The most recent Balance Sheet for Vara Infrovate Private Limited was filed with the ROC on 31 Mar 2023.

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