Varada Corporate Services Private Limited

Provides software development, server administration, and customer support services for global clients.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 06, 2024

Varada Corporate Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 22.50%
  • Profit Growth -608.02%
  • Ebitda 71.86%
  • Net Worth -31.90%
  • Total Assets -40.37%

About Varada Corporate Services

Varada Corporate Services Private Limited (VCSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 October 2005 and has a history of 19 years and three months. Its registered office is in Bangaluru, Karnataka, 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 2019. 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, as per Ministry of Corporate Affairs (MCA) records.

Venkatesh Mysore and Rajeshwari serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2005PTC037477

  • Company No.

    037477

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2005

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Varada Corporate Services?

Board Members (2)

Name Designation Appointment Date Status
Venkatesh Mysore Country flag representing In Director 17-Oct-2005 Current
Rajeshwari Country flag representing In Director 17-Oct-2005 Current

Financial Performance of Varada Corporate Services.

Varada Corporate Services Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 22.5% increase. The company also saw a substantial fall in profitability, with a 608.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.9%.

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
22.50%
Revenue from Operations
17.24%
Total Assets
-40.37%
Profit or Loss
-608.02%
Net Worth
-31.90%
EBITDA
71.86%

What is the Ownership and Shareholding Structure of Varada Corporate Services?

In 2018, Varada Corporate Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Varada Corporate Services?

Unlock and access historical data on people associated with Varada Corporate Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varada Corporate Services, 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 Varada Corporate Services'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 Varada Corporate Services

Recent activity within the organization

  • Annual General Meeting

    Varada Corporate Services Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Varada Corporate Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Director Appointment

    Venkatesh Dwarkanath Mysore was appointed as a Director was appointed as a Director on 17 Oct 2005 & has been associated with this company since 19 years 3 months .

    17 Oct 2005

  • Director Appointment

    Rajeshwari was appointed as a Director was appointed as a Director on 17 Oct 2005 & has been associated with this company since 19 years 3 months .

    17 Oct 2005

  • Company Incorporation

    Varada Corporate Services Private Limited was registered on 17 Oct 2005 with Roc Bangalore & aged 19 years 3 months as per MCA records.

    17 Oct 2005

Frequently asked questions

  • Varada Corporate Services Private Limited was incorporated on 17 Oct 2005.

  • The authorized share capital of Varada Corporate Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varada Corporate Services Private Limited.

    • Venkatesh Dwarkanath Mysore
    • Rajeshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varada Corporate Services Private Limited is No. 315 Lig I Stage, 6Th Mainkhb Colony Basaveshwaranagar India, Bangalore, Karnataka, 560079.

  • The corporate identification number (CIN) of Varada Corporate Services Private Limited is U74140KA2005PTC037477 and the company number is 037477 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varada Corporate Services Private Limited is https://www.varada.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Varada Corporate Services Private Limited has risen by 22.50%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Varada Corporate Services Private Limited has experienced an downturn of -31.90%.

  • The most recent Balance Sheet for Varada Corporate Services Private Limited was filed with the ROC on 31 Mar 2019.

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