Vara Solution Support Private Limited

Provides skilled and unskilled manpower for research and development to corporate companies in India.

2019 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Vara Solution Support Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.00 M
  • Revenue Growth 133.58%
  • Profit Growth 107.23%
  • Ebitda 112.89%
  • Net Worth 8.39%
  • Total Assets 21.73%

About Vara Solution Support

Vara Solution Support Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 June 2019 (Five years and eight months 15 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 M.

Sunda Yuvaraj and Yuvaraj Jayalakshmi serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varaindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74910TN2019PTC129841

  • Company No.

    129841

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 2019

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Vara Solution Support?

Board Members (2)

NameDesignationAppointment DateStatus
Sunda Yuvaraj Country flag representing In Director 11-Jun-2019Current
Yuvaraj Jayalakshmi Country flag representing In Director 11-Jun-2019Current

Financial Performance of Vara Solution Support.

Vara Solution Support Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 133.58% increase. The company also saw a substantial improvement in profitability, with a 107.23% increase in profit. The company's net worth moved up by a moderate rise of 8.39%.

Graph illustrating revenue growth over time
Graph showing 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
133.58%
Revenue from Operations
133.49%
Total Assets
21.73%
Profit or Loss
107.23%
Net Worth
8.39%
EBITDA
112.89%

What is the Ownership and Shareholding Structure of Vara Solution Support?

In 2021, Vara Solution Support had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2022State Bank Of India₹2.00 MOpen

How Many Employees Work at Vara Solution Support?

Vara Solution Support has a workforce of 146 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vara Solution Support, 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 Solution Support'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 Solution Support

Recent activity within the organization

  • Annual General Meeting

    Vara Solution Support Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.00 M with Charge ID 100603350 was registered on 03 Aug 2022.

    03 Aug 2022

  • Balance Sheet

    Vara Solution Support Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Sunda Rao Yuvaraj was appointed as a Director was appointed as a Director on 11 Jun 2019 & has been associated with this company since 5 years 8 months .

    11 Jun 2019

  • Director Appointment

    Yuvaraj Jayalakshmi was appointed as a Director was appointed as a Director on 11 Jun 2019 & has been associated with this company since 5 years 8 months .

    11 Jun 2019

  • Company Incorporation

    Vara Solution Support Private Limited was registered on 11 Jun 2019 with Roc Chennai & aged 5 years 8 months as per MCA records.

    11 Jun 2019

Frequently asked questions

  • Vara Solution Support Private Limited was incorporated on 11 Jun 2019.

  • The authorized share capital of Vara Solution Support Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Vara Solution Support Private Limited.

    • Sunda Rao Yuvaraj
    • Yuvaraj Jayalakshmi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vara Solution Support Private Limited is No 22/6 2Nd Floor Barathi Nagar Red Hills High Road, Kolathur India, Chennai, Tamil Nadu, 600099.

  • The corporate identification number (CIN) of Vara Solution Support Private Limited is U74910TN2019PTC129841 and the company number is 129841 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vara Solution Support Private Limited is https://www.varaindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vara Solution Support Private Limited has risen by 133.58%.

  • As Per 2022 financial reports, 146 employees are currently employed by Vara Solution Support Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vara Solution Support Private Limited has experienced an upsurge of 8.39%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vara Solution Support Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Vara Solution Support Private Limited was filed with the ROC on 31 Mar 2022.