Varada Innovations Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 1.85 Cr
as on 23-10-2024
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.85 Cr
as on 23-10-2024
- Revenue 18.27%
(FY 2023)
- Profit 249.78%
(FY 2023)
- Ebitda 9.42%
(FY 2023)
- Net Worth 11.00%
(FY 2023)
- Total Assets 35.14%
(FY 2023)
About Varada Innovations
The Company is engaged in the Media And Publishing 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 2.00 Cr and a paid-up capital of Rs 1.85 Cr.
The company currently has active open charges totaling ₹1.85 Cr.
Praveen Kumar and Aabha Kumari serve as directors at the Company.
- CIN/LLPIN
U52609KA2018PTC114475
- Company No.
114475
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jul 2018
- Date of AGM
14 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Varada Innovations?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praveen Kumar  | Director | 03-Jul-2018 | Current |
| Aabha Kumari | Alternate Director | 13-Oct-2021 | Current |
Financial Performance of Varada Innovations.
Varada Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.27% increase. The company also saw a substantial improvement in profitability, with a 249.78% increase in profit. The company's net worth Soared by an impressive increase of 11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Varada Innovations?
In 2023, Varada Innovations 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)
Itday (India) Private LimitedActive 3 years 5 monthsPraveen Kumar and Aabha Kumari are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 19 Apr 2022 | ₹1.85 Cr | Open |
How Many Employees Work at Varada Innovations?
Varada Innovations has a workforce of 34 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varada Innovations, 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 Innovations'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.
