Varaneek Technologies Private Limited

Provides computer system management, electronics, E-commerce, digital marketing, and mobile app services.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: July 18, 2024

Varaneek Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.56 M
  • Revenue Growth 354.78%
  • Profit Growth 32.81%
  • Ebitda 200.46%
  • Net Worth 44.92%
  • Total Assets 475.47%

About Varaneek Technologies

Varaneek Technologies Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 2017 (Seven years and 11 months 1 days old ). Its registered office is in Hyderabad, Telangana, 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 5.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.56 M.

Nitish Meka and Swetha Gattupally serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2017PTC115814

  • Company No.

    115814

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Varaneek Technologies Private Limited offer?

Varaneek Technologies Private Limited offers a wide range of products and services, including Billing Machines, POS Machine, Card Swipe Machine, Biometrics & Access Control Devices, mPOS Machine, Card Readers, Magnetic Card Readers.

Who are the key members and board of directors at Varaneek Technologies?

Board Members (2)

Name Designation Appointment Date Status
Nitish Meka Country flag representing In Director 10-Mar-2017 Current
Swetha Gattupally Country flag representing In Director 07-Mar-2019 Current

Financial Performance of Varaneek Technologies.

Varaneek Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 354.78% increase. The company also saw a substantial improvement in profitability, with a 32.81% increase in profit. The company's net worth Soared by an impressive increase of 44.92%.

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
354.78%
Revenue from Operations
354.78%
Total Assets
475.47%
Profit or Loss
32.81%
Net Worth
44.92%
EBITDA
200.46%

What is the Ownership and Shareholding Structure of Varaneek Technologies?

In 2023, Varaneek Technologies 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)

Open Charges

₹1.56 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
08 Aug 2022 Hdfc Bank Limited ₹1.56 M Open

How Many Employees Work at Varaneek Technologies?

Unlock and access historical data on people associated with Varaneek Technologies, 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 Varaneek Technologies, 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 Varaneek Technologies'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 Varaneek Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varaneek Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.56 M with Charge ID 100674743 was registered on 08 Aug 2022.

    08 Aug 2022

  • Director Appointment

    Swetha Gattupally was appointed as a Director was appointed as a Director on 07 Mar 2019 & has been associated with this company since 5 years 11 months .

    07 Mar 2019

  • Director Appointment

    Nitish Reddy Meka was appointed as a Director was appointed as a Director on 10 Mar 2017 & has been associated with this company since 7 years 11 months .

    10 Mar 2017

  • Company Incorporation

    Varaneek Technologies Private Limited was registered on 10 Mar 2017 with Roc Hyderabad & aged 7 years 11 months as per MCA records.

    10 Mar 2017

Frequently asked questions

  • Varaneek Technologies Private Limited was incorporated on 10 Mar 2017.

  • The authorized share capital of Varaneek Technologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Varaneek Technologies Private Limited.

    • Nitish Reddy Meka
    • Swetha Gattupally
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varaneek Technologies Private Limited is H.No: C-108 Phase-2 Hill Colony Vanasthalipuram, Hyderabad, Telangana, India, 500070.

  • The corporate identification number (CIN) of Varaneek Technologies Private Limited is U72900TG2017PTC115814 and the company number is 115814 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varaneek Technologies Private Limited is https://www.varaneektech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varaneek Technologies Private Limited has risen by 354.78%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varaneek Technologies Private Limited has experienced an upsurge of 44.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varaneek Technologies Private Limited amount to ₹ 1.56 M.

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

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