Vara Technology Private Limited

IT company providing software solutions, enterprise portal development, product development, and data center services.

1999 | Kolkata, West Bengal (India) | Active
Last Updated:

Vara Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 154.44 Cr
  • Revenue Growth -41.88%
  • Profit Growth -31.02%
  • Ebitda -14.24%
  • Net Worth 5.36%
  • Total Assets -5.96%

About Vara Technology

Vara Technology Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 September 1999 and has a history of 25 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Vara Technologies Private Limited. The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹154.44 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anil Gupta, Vishal Arora, Jayanta Mukhopadhyaya, and One other member 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

    U30009WB1999PTC090277

  • Company No.

    090277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Information Technology

What products or services does Vara Technology Private Limited offer?

Vara Technology Private Limited offers a wide range of products and services, including Detective & Investigation Agencies, Investigation Services, Insurance Agents and Services, Insurance Service, Internal Audit & Management Audit, Audit Assurance Services.

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

Board Members (4)

NameDesignationAppointment DateStatus
Anil Gupta Country flag representing In Director 31-Jan-2022Current
Vishal Arora Country flag representing In Director 06-Dec-2018Current
Jayanta Mukhopadhyaya Country flag representing In Director 31-Mar-2021Current
Rakesh Anand Country flag representing In Additional Director Current

Financial Performance of Vara Technology.

Vara Technology Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.88% decrease. The company also saw a substantial fall in profitability, with a 31.02% decrease in profit. The company's net worth moved up by a moderate rise of 5.36%.

Vara Technology revenue growth over time
Vara Technology 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
-41.88%
Revenue from Operations
-43.19%
Total Assets
-5.96%
Profit or Loss
-31.02%
Net Worth
5.36%
EBITDA
-14.24%

What is the Ownership and Shareholding Structure of Vara Technology?

In 2023, Vara Technology had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,544.40 M

Charges Breakdown by Lending Institutions

  • Others : 145.44 Cr
  • Srei Infrastructure Finance Limited : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2019Others₹5.67 MSatisfied
10 Dec 2018Others₹4.69 MSatisfied
15 Oct 2018Others₹3.86 MSatisfied
15 Sep 2018Others₹8.93 MSatisfied
15 Sep 2018Others₹8.03 MSatisfied

How Many Employees Work at Vara Technology?

Vara Technology has a workforce of 26 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.

Employee growth trends for Vara Technology Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Anil 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 31 Mar 2021 & has been associated with this company since 3 years 11 months .

  • Charges

    A charge registered on 11 Jan 2019 via Charge ID 100235569 with Others was fully satisfied on 28 Aug 2020.

  • Charges

    A charge registered on 10 Dec 2018 via Charge ID 100229816 with Others was fully satisfied on 28 Aug 2020.

Frequently asked questions

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

    Vara Technology Private Limited was incorporated on 14 Sep 1999.

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

    The authorized share capital of Vara Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

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

    Currently 4 directors are associated with Vara Technology Private Limited.

    • Anil Gupta
    • Vishal Arora
    • Jayanta Nath Mukhopadhyaya
    • Rakesh Kumar Anand

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Vara Technology 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 Technology Private Limited?

    The corporate identification number (CIN) of Vara Technology Private Limited is U30009WB1999PTC090277 and the company number is 090277 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Vara Technology Private Limited is https://www.varatechnology.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Vara Technology Private Limited has fallen by -41.88%.

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

    As Per 2023 financial reports, 26 employees are currently employed by Vara Technology Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Vara Technology Private Limited has experienced an upsurge of 5.36%.

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

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

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