Varidh Business Solutions Private Limited

Provides financial, professional, technical, and business services to individuals, firms, and organizations.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 28, 2025

Varidh Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -99.51%
  • Profit Growth 71.61%
  • Ebitda 65.86%
  • Net Worth -97.91%
  • Total Assets -78.14%

About Varidh Business Solutions

Varidh Business Solutions Private Limited (VBSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 October 2016 (Eight years and three months 21 days old ). Its registered office is in Chennai, Tamil Nadu.

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.

Hemanth Thanmal, Surana Kamalchand, and Abhinav Bhandari serve as directors at the Company.

Company Details

  • Location
    Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110TN2016PTC112924

  • Company No.

    112924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing
Engineering

What products or services does Varidh Business Solutions Private Limited offer?

Varidh Business Solutions Private Limited offers a wide range of products and services, including Men T-Shirts, Men Custom T -Shirt, Rubber Band, Packaging Boards, Corrugated Boards, Corrugated Packaging Boxes, Die Cut & Folding Boxes, Sealing Tape, Self Adhesive Tapes, Fabric Bag.

Who are the key members and board of directors at Varidh Business Solutions?

Board Members (3)

Name Designation Appointment Date Status
Abhinav Bhandari Country flag representing In Whole-Time Director 30-Nov-2018 Current
Hemanth Thanmal Country flag representing In Director 18-Jul-2017 Current
Surana Kamalchand Country flag representing In Director 01-Sep-2017 Current

Financial Performance of Varidh Business Solutions.

Varidh Business Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.51% decrease. The company also saw a substantial improvement in profitability, with a 71.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 97.91%.

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
-99.51%
Revenue from Operations
-100.00%
Total Assets
-78.14%
Profit or Loss
71.61%
Net Worth
-97.91%
EBITDA
65.86%

What is the Ownership and Shareholding Structure of Varidh Business Solutions?

Unlock access to Varidh Business Solutions'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 Varidh Business Solutions?

Unlock and access historical data on people associated with Varidh Business Solutions, 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 Varidh Business Solutions, 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 Varidh Business Solutions'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

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Latest Updates, News, and FAQs on Varidh Business Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Varidh Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Abhinav Bhandari was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Nov 2018 & has been associated with this company since 6 years 2 months .

    30 Nov 2018

  • Director Appointment

    Surana Koushik Kamalchand was appointed as a Director was appointed as a Director on 01 Sep 2017 & has been associated with this company since 7 years 5 months .

    01 Sep 2017

  • Director Appointment

    Hemanth Thanmal was appointed as a Director was appointed as a Director on 18 Jul 2017 & has been associated with this company since 7 years 6 months .

    18 Jul 2017

  • Company Incorporation

    Varidh Business Solutions Private Limited was registered on 14 Oct 2016 with Roc Chennai & aged 8 years 3 months as per MCA records.

    14 Oct 2016

Frequently asked questions

  • Varidh Business Solutions Private Limited was incorporated on 14 Oct 2016.

  • The authorized share capital of Varidh Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Varidh Business Solutions Private Limited.

    • Hemanth Thanmal
    • Surana Koushik Kamalchand
    • Abhinav Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varidh Business Solutions Private Limited is Old No 32, Krishnappa Tank Street Konditope India, Chennai, Tamil Nadu, 600079.

  • The corporate identification number (CIN) of Varidh Business Solutions Private Limited is U74110TN2016PTC112924 and the company number is 112924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varidh Business Solutions Private Limited is https://www.varidh.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varidh Business Solutions Private Limited has fallen by -99.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varidh Business Solutions Private Limited has experienced an downturn of -97.91%.

  • The most recent Balance Sheet for Varidh Business Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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