Variance Edventures Private Limited

Provides consultancy services, based in Bangalore, incorporated in 2018.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: December 31, 2024

Variance Edventures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -61.39%
  • Profit Growth -68.99%
  • Ebitda -58.14%
  • Net Worth 36.53%
  • Total Assets -31.20%

About Variance Edventures

Variance Edventures Private Limited (VEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and five months 2 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Pavan Kumar, Hemanth, and Gagan Tungani serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varianceedventures.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U80301KA2018PTC116643

  • Company No.

    116643

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

Who are the key members and board of directors at Variance Edventures?

Board Members (3)

NameDesignationAppointment DateStatus
Hemanth Country flag representing In Director 31-Dec-2020Current
Pavan Kumar Country flag representing In Director 20-Sep-2018Current
Gagan Tungani Country flag representing In Director 03-Apr-2022Current

Financial Performance of Variance Edventures.

Variance Edventures Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 61.39% decrease. The company also saw a substantial fall in profitability, with a 68.99% decrease in profit. The company's net worth Soared by an impressive increase of 36.53%.

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
-61.39%
Revenue from Operations
-61.27%
Total Assets
-31.20%
Profit or Loss
-68.99%
Net Worth
36.53%
EBITDA
-58.14%

What is the Ownership and Shareholding Structure of Variance Edventures?

Unlock access to Variance Edventures'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 Variance Edventures?

Unlock and access historical data on people associated with Variance Edventures, 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 Variance Edventures, 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 Variance Edventures'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 Variance Edventures

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Variance Edventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Gagan Gowda Ramachandra Tungani was appointed as a Director was appointed as a Director on 03 Apr 2022 & has been associated with this company since 2 years 10 months .

    03 Apr 2022

  • Director Appointment

    Hemanth was appointed as a Director was appointed as a Director on 31 Dec 2020 & has been associated with this company since 4 years 1 month .

    31 Dec 2020

  • Director Appointment

    Pavan Kumar Aswatha Kumar was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 6 years 5 months .

    20 Sep 2018

  • Company Incorporation

    Variance Edventures Private Limited was registered on 20 Sep 2018 with Roc Bangalore & aged 6 years 5 months as per MCA records.

    20 Sep 2018

Frequently asked questions

  • Variance Edventures Private Limited was incorporated on 20 Sep 2018.

  • The authorized share capital of Variance Edventures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Variance Edventures Private Limited.

    • Pavan Kumar Aswatha Kumar
    • Hemanth
    • Gagan Gowda Ramachandra Tungani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Variance Edventures Private Limited is No. 242 Ags Layout Arehalli (Bda) 11Th Main, Subramanyapura Post India, Bangalore, Karnataka, 560061.

  • The corporate identification number (CIN) of Variance Edventures Private Limited is U80301KA2018PTC116643 and the company number is 116643 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Variance Edventures Private Limited is https://www.varianceedventures.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Variance Edventures Private Limited has fallen by -61.39%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Variance Edventures Private Limited has experienced an upsurge of 36.53%.

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

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