Varisis Advanced Engineering Private Limited

Designs, develops, integrates, installs, and maintains customized engineering hardware and software.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Varisis Advanced Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.40 M
  • Revenue Growth 24.34%
  • Profit Growth -161.89%
  • Ebitda -146.12%
  • Net Worth -22.38%
  • Total Assets 73.58%

About Varisis Advanced Engineering

Varisis Advanced Engineering Private Limited (VAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 2003 and has a history of 21 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Varisis Advanced Engineering And Software Technologies India Private Limited. The Company is engaged in the Aerospace, Maritime And Defense 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹6.40 M.

Sumit Kashyap and Ramanuj Ranjan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U75100KA2003PTC032373

  • Company No.

    032373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2003

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Aerospace, Maritime and Defense

What products or services does Varisis Advanced Engineering Private Limited offer?

Varisis Advanced Engineering Private Limited offers a wide range of products and services, including Technology Support Services, Technical Support Service.

Who are the key members and board of directors at Varisis Advanced Engineering?

Board Members (2)

Name Designation Appointment Date Status
Sumit Kashyap Country flag representing In Director 02-May-2022 Current
Ramanuj Ranjan Country flag representing In Director 11-May-2019 Current

Financial Performance of Varisis Advanced Engineering.

Varisis Advanced Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.34% increase. The company also saw a substantial fall in profitability, with a 161.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.38%.

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
24.34%
Revenue from Operations
23.76%
Total Assets
73.58%
Profit or Loss
-161.89%
Net Worth
-22.38%
EBITDA
-146.12%

What is the Ownership and Shareholding Structure of Varisis Advanced Engineering?

Unlock access to Varisis Advanced Engineering'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)

Open Charges

₹6.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.64 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 2023 Others ₹6.40 M Open

How Many Employees Work at Varisis Advanced Engineering?

Unlock and access historical data on people associated with Varisis Advanced Engineering, 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 Varisis Advanced Engineering, 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 Varisis Advanced Engineering'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 Varisis Advanced Engineering

Recent activity within the organization

  • Annual General Meeting

    Varisis Advanced Engineering Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Varisis Advanced Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 6.40 M with Charge ID 100708584 was registered on 25 Apr 2023.

    25 Apr 2023

  • Director Appointment

    Sumit Kashyap was appointed as a Director was appointed as a Director on 02 May 2022 & has been associated with this company since 2 years 9 months .

    02 May 2022

  • Director Appointment

    Ramanuj Ranjan was appointed as a Director was appointed as a Director on 11 May 2019 & has been associated with this company since 5 years 8 months .

    11 May 2019

  • Company Incorporation

    Varisis Advanced Engineering Private Limited was registered on 07 Aug 2003 with Roc Bangalore & aged 21 years 5 months as per MCA records.

    07 Aug 2003

Frequently asked questions

  • Varisis Advanced Engineering Private Limited was incorporated on 07 Aug 2003.

  • The authorized share capital of Varisis Advanced Engineering Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Varisis Advanced Engineering Private Limited.

    • Sumit Kashyap
    • Ramanuj Ranjan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varisis Advanced Engineering Private Limited is No. 102 1St Flooor Sathya Park View 12 2Nd Main Kastu Ri Nagar, India, Bangalore, Karnataka, 560043.

  • The corporate identification number (CIN) of Varisis Advanced Engineering Private Limited is U75100KA2003PTC032373 and the company number is 032373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varisis Advanced Engineering Private Limited is https://www.varisis.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varisis Advanced Engineering Private Limited has risen by 24.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varisis Advanced Engineering Private Limited has experienced an downturn of -22.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varisis Advanced Engineering Private Limited amount to ₹ 6.40 M.

  • The most recent Balance Sheet for Varisis Advanced Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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