Varad Softech Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 10 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
- Satisfied Charges ₹ 2.25 Cr
- Revenue Growth 11.53%
- Profit Growth 12.98%
- Ebitda 19.35%
- Net Worth -29.46%
- Total Assets -5.79%
About Varad Softech
Varad Softech Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2015 and has a history of Ten years. Its registered office is in Solapur, Maharashtra, India.
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 2024. 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 ₹5.00 M. The company has closed loans amounting to ₹2.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kiran Kanale, Smruti Siddharth, Vishwanath Kanale, and Two other members serve as directors at the Company.
Company Details
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Location
Solapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999PN2015PTC153638
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Company No.
153638
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Jan 2015
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Varad Softech?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Kanale
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Director | 14-Mar-2016 | Current |
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Smruti Siddharth
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Director | 14-Mar-2016 | Current |
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Vishwanath Kanale
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Director | 23-Jun-2017 | Current |
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Onkar Sarje
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Director | 18-May-2018 | Current |
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Siddharth Sarje
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Director | 14-Mar-2016 | Current |
Financial Performance of Varad Softech.
Varad Softech Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 11.53% increase. The company also saw a substantial improvement in profitability, with a 12.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.46%.
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What is the Ownership and Shareholding Structure of Varad Softech?
In 2018, Varad Softech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vishwanath Kanale Infra Private LimitedKiran Kanale and Vishwanath Kanale are mutual person
Charges (Loans)
₹5.00 M
₹22.50 M
Charges Breakdown by Lending Institutions
- Tata Capital Housing Finance Limited : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2016 | Tata Capital Housing Finance Limited | ₹5.00 M | Open |
| 25 Jun 2015 | Tata Capital Housing Finance Limited | ₹2.25 Cr | Satisfied |
How Many Employees Work at Varad Softech?
Unlock and access historical data on people associated with Varad Softech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varad Softech, 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 Varad Softech'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.
