Variance Infotech Private Limited

IT company providing offshore development, application maintenance, software services, and product development for various industries.

2017 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 10, 2025

Variance Infotech Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 8.36%
  • Profit Growth -73.55%
  • Ebitda -63.92%
  • Net Worth 10.38%
  • Total Assets 0.32%

About Variance Infotech

Variance Infotech Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 May 2017 (Seven years and nine months 3 days old ). Its registered office is in Ahmedabad, Gujarat, 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Nileshvari Darji, Ravindra Darji, Somabhai Patel, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2017PTC097505

  • Company No.

    097505

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Variance Infotech Private Limited offer?

Variance Infotech Private Limited offers a wide range of products and services, including Mobile Application Development, Android Application Development Services, Website Development Services, PHP Development, Software Development & IT Consultant, Software Consulting Service, Computer & Mobile Apps Development, Open Source Development, Application Development Service, Web Applications Services.

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

Board Members (6)

NameDesignationAppointment DateStatus
Nileshvari Darji Country flag representing In Director 23-May-2017Current
Ravindra Darji Country flag representing In Director 23-May-2017Current
Somabhai Patel Country flag representing In Director 23-May-2017Current
Jadiben Patel Country flag representing In Director 23-May-2017Current
Rahul Patel Country flag representing In Director 04-Dec-2020Current
Chirag Darji Country flag representing In Additional Director 03-Oct-2022Current

Financial Performance of Variance Infotech.

Variance Infotech Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.36% increase. The company also saw a substantial fall in profitability, with a 73.55% decrease in profit. The company's net worth Soared by an impressive increase of 10.38%.

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
8.36%
Revenue from Operations
9.12%
Total Assets
0.32%
Profit or Loss
-73.55%
Net Worth
10.38%
EBITDA
-63.92%

What is the Ownership and Shareholding Structure of Variance Infotech?

Unlock access to Variance Infotech'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 Infotech?

Variance Infotech has a workforce of 13 employees as of Apr 05, 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 Variance Infotech, 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 Infotech'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 Infotech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Variance Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Chirag Ravindra Darji was appointed as a Additional Director was appointed as a Additional Director on 03 Oct 2022 & has been associated with this company since 2 years 4 months .

    03 Oct 2022

  • Director Appointment

    Rahul Somabhai Patel was appointed as a Director was appointed as a Director on 04 Dec 2020 & has been associated with this company since 4 years 2 months .

    04 Dec 2020

  • Director Appointment

    Nileshvari Ravindra Darji was appointed as a Director was appointed as a Director on 23 May 2017 & has been associated with this company since 7 years 9 months .

    23 May 2017

  • Director Appointment

    Ravindra Ujamshidas Darji was appointed as a Director was appointed as a Director on 23 May 2017 & has been associated with this company since 7 years 9 months .

    23 May 2017

Frequently asked questions

  • Variance Infotech Private Limited was incorporated on 23 May 2017.

  • The authorized share capital of Variance Infotech Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 6 directors are associated with Variance Infotech Private Limited.

    • Nileshvari Ravindra Darji
    • Ravindra Ujamshidas Darji
    • Somabhai Mangaldas Patel
    • Jadiben Somabhai Patel
    • Rahul Somabhai Patel
    • Chirag Ravindra Darji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Variance Infotech Private Limited is D-305 Sarthi Flat Nr Visat Petrol Pump Motera Road, Sabarmati India, Ahmedabad, Gujarat, 380005.

  • The corporate identification number (CIN) of Variance Infotech Private Limited is U72900GJ2017PTC097505 and the company number is 097505 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Variance Infotech Private Limited is https://www.varianceinfotech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Variance Infotech Private Limited has risen by 8.36%.

  • As Per 2022 financial reports, 13 employees are currently employed by Variance Infotech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Variance Infotech Private Limited has experienced an upsurge of 10.38%.

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