Varathra It Technologies Private Limited

Provides system integration, enterprise solutions, managed services, and digital solutions.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: December 29, 2024

Varathra It Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 327.16%
  • Profit Growth 201.24%
  • Ebitda 240.30%
  • Net Worth 211.94%
  • Total Assets 51.78%

About Varathra It Technologies

Varathra It Technologies Private Limited (VITPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 June 2020 (Four years and eight months 4 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Vazhangattil Sarath and Varathra Madhu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varathra.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2020PTC135089

  • Company No.

    135089

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Varathra It Technologies Private Limited offer?

Varathra It Technologies Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Business Planning and Management, Business Consultant.

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

Board Members (2)

NameDesignationAppointment DateStatus
Vazhangattil Sarath Country flag representing In Director 23-Sep-2022Current
Varathra Madhu Country flag representing In Director 20-Jun-2020Current

Financial Performance of Varathra It Technologies.

Varathra It Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 327.16% increase. The company also saw a substantial improvement in profitability, with a 201.24% increase in profit. The company's net worth Soared by an impressive increase of 211.94%.

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
327.16%
Revenue from Operations
326.02%
Total Assets
51.78%
Profit or Loss
201.24%
Net Worth
211.94%
EBITDA
240.30%

What is the Ownership and Shareholding Structure of Varathra It Technologies?

In 2022, Varathra It 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)

Placeholder for charges-related data

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

How Many Employees Work at Varathra It Technologies?

Varathra It Technologies has a workforce of 1 employees as of Mar 28, 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 Varathra It 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 Varathra It 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 Varathra It Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Varathra It Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vazhangattil Surendran Sarath was appointed as a Director was appointed as a Director on 23 Sep 2022 & has been associated with this company since 2 years 5 months .

    23 Sep 2022

  • Director Appointment

    Varathra Illam Krishnan Nampoothiri Madhu was appointed as a Director was appointed as a Director on 20 Jun 2020 & has been associated with this company since 4 years 8 months .

    20 Jun 2020

  • Company Incorporation

    Varathra It Technologies Private Limited was registered on 20 Jun 2020 with Roc Bangalore & aged 4 years 8 months as per MCA records.

    20 Jun 2020

Frequently asked questions

  • Varathra It Technologies Private Limited was incorporated on 20 Jun 2020.

  • The authorized share capital of Varathra It Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Varathra It Technologies Private Limited.

    • Vazhangattil Surendran Sarath
    • Varathra Illam Krishnan Nampoothiri Madhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varathra It Technologies Private Limited is No-198 2Nd Floor Cmh Road, Indiranagr 2Nd Stage India, Bangalore North, Karnataka, 560038.

  • The corporate identification number (CIN) of Varathra It Technologies Private Limited is U72900KA2020PTC135089 and the company number is 135089 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varathra It Technologies Private Limited is https://www.varathra.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varathra It Technologies Private Limited has risen by 327.16%.

  • As Per 2022 financial reports, 1 employees are currently employed by Varathra It Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varathra It Technologies Private Limited has experienced an upsurge of 211.94%.

  • The most recent Balance Sheet for Varathra It Technologies Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Software Development & Support Services