Varak Solutions Private Limited

Develops applications, software, and provides consulting services.

2020 | North West Delhi, Delhi (India) | Active
Last Updated: October 27, 2024

Varak Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 41.74%
  • Profit Growth 112.83%
  • Ebitda 113.37%
  • Net Worth 81.54%
  • Total Assets 33.31%

About Varak Solutions

Varak Solutions Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 September 2020 (Four years and four months 20 days old ). Its registered office is in North West Delhi, Delhi, 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 2023. 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.

Akash Thakur and Karan Sharma serve as directors at the Company.

Company Details

  • Location

    North West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900DL2020PTC370471

  • Company No.

    370471

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

Who are the key members and board of directors at Varak Solutions?

Board Members (2)

Name Designation Appointment Date Status
Akash Thakur Country flag representing In Director 25-Sep-2020 Current
Karan Sharma Country flag representing In Director 25-Sep-2020 Current

Financial Performance of Varak Solutions.

Varak Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.74% increase. The company also saw a substantial improvement in profitability, with a 112.83% increase in profit. The company's net worth Soared by an impressive increase of 81.54%.

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
41.74%
Revenue from Operations
41.74%
Total Assets
33.31%
Profit or Loss
112.83%
Net Worth
81.54%
EBITDA
113.37%

What is the Ownership and Shareholding Structure of Varak Solutions?

Unlock access to Varak Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Varak Solutions?

Varak Solutions has a workforce of 0 employees as of Apr 07, 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 Varak Solutions, 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 Varak Solutions'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 Varak Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varak Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Akash Thakur was appointed as a Director was appointed as a Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Director Appointment

    Karan Sharma was appointed as a Director was appointed as a Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Company Incorporation

    Varak Solutions Private Limited was registered on 25 Sep 2020 with Roc Delhi & aged 4 years 4 months as per MCA records.

    25 Sep 2020

Frequently asked questions

  • Varak Solutions Private Limited was incorporated on 25 Sep 2020.

  • The authorized share capital of Varak Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varak Solutions Private Limited.

    • Akash Thakur
    • Karan Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varak Solutions Private Limited is House No.40 Floor 2Nd Block -F Pkt-4 Sec-16, Rohini India, Delhi, 110089.

  • The corporate identification number (CIN) of Varak Solutions Private Limited is U72900DL2020PTC370471 and the company number is 370471 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varak Solutions Private Limited has risen by 41.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varak Solutions Private Limited has experienced an upsurge of 81.54%.

  • The most recent Balance Sheet for Varak Solutions Private Limited was filed with the ROC on 31 Mar 2023.