Varakar Itecsystems Private Limited

Founded in 2018 and headquartered in Tamil Nadu, India.

2018 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 23, 2024

Varakar Itecsystems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -29.53%
  • Profit Growth 131.64%
  • Ebitda 164.54%
  • Net Worth 4.68%
  • Total Assets 3.10%

About Varakar Itecsystems

Varakar Itecsystems Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 February 2018 (Seven years 13 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Sakajova Deskavar Private Limited. The Company is engaged in the Business Services 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, as per Ministry of Corporate Affairs (MCA) records.

Deivanai Rangaswamy and Jayaraman Kaninagai serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2018PTC120703

  • Company No.

    120703

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Services

Who are the key members and board of directors at Varakar Itecsystems?

Board Members (2)

Name Designation Appointment Date Status
Deivanai Rangaswamy Country flag representing In Director 15-Feb-2019 Current
Jayaraman Kaninagai Country flag representing In Director 01-Feb-2018 Current

Financial Performance of Varakar Itecsystems.

Varakar Itecsystems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.53% decrease. The company also saw a substantial improvement in profitability, with a 131.64% increase in profit. The company's net worth moved up by a moderate rise of 4.68%.

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
-29.53%
Revenue from Operations
-29.53%
Total Assets
3.10%
Profit or Loss
131.64%
Net Worth
4.68%
EBITDA
164.54%

What is the Ownership and Shareholding Structure of Varakar Itecsystems?

Unlock access to Varakar Itecsystems'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 Varakar Itecsystems?

Unlock and access historical data on people associated with Varakar Itecsystems, 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 Varakar Itecsystems, 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 Varakar Itecsystems's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Varakar Itecsystems

Recent activity within the organization

  • Annual General Meeting

    Varakar Itecsystems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varakar Itecsystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Deivanai Rangaswamy was appointed as a Director was appointed as a Director on 15 Feb 2019 & has been associated with this company since 5 years 11 months .

    15 Feb 2019

  • Director Appointment

    Jayaraman Srinivasan Kaninagai was appointed as a Director was appointed as a Director on 01 Feb 2018 & has been associated with this company since 7 years 13 days .

    01 Feb 2018

  • Company Incorporation

    Varakar Itecsystems Private Limited was registered on 01 Feb 2018 with Roc Chennai & aged 7 years 13 days as per MCA records.

    01 Feb 2018

Frequently asked questions

  • Varakar Itecsystems Private Limited was incorporated on 01 Feb 2018.

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

  • Currently 2 directors are associated with Varakar Itecsystems Private Limited.

    • Deivanai Rangaswamy
    • Jayaraman Srinivasan Kaninagai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varakar Itecsystems Private Limited is K.S Kudil Anugraham Apt 9 Chelliamman Colony 1St Street, Perav Allur India, Chennai, Tamil Nadu, 600082.

  • The corporate identification number (CIN) of Varakar Itecsystems Private Limited is U74999TN2018PTC120703 and the company number is 120703 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varakar Itecsystems Private Limited has fallen by -29.53%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varakar Itecsystems Private Limited has experienced an upsurge of 4.68%.

  • The most recent Balance Sheet for Varakar Itecsystems Private Limited was filed with the ROC on 31 Mar 2024.

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