Varite India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.37 M
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.98 Cr
- Revenue Growth 72.51%
- Profit Growth 198.58%
- Ebitda 139.05%
- Net Worth 47.73%
- Total Assets 78.96%
About Varite India
Varite India Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 2005 and has a history of 20 years and three months. Its registered office is in Gurugram, Haryana, 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 0.50 M and a paid-up capital of Rs 0.37 M.
The company currently has active open charges totaling ₹8.98 Cr.
Ashok Katyal, Renu Katyal, Archana Katyal, and One other member serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200HR2005PTC035582
- Company No.
035582
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jan 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Business Outsourcing
Information Technology
Varite India Private Limited
Explore comprehensive data for Varite India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Varite India?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Archana Katyal  | Director | 05-Jan-2005 | Current |
| Adarsh Katyal | Director | 30-Jan-2009 | Current |
Ashok Katyal  | Director | 05-Jan-2005 | Current |
| Renu Katyal | Director | 18-Feb-2005 | Current |
Financial Performance of Varite India.
Varite India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 72.51% increase. The company also saw a substantial improvement in profitability, with a 198.58% increase in profit. The company's net worth Soared by an impressive increase of 47.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varite India?
In 2023, Varite India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹89.83 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 8.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2022 | Citi Bank N.A. | ₹4.83 M | Open |
| 26 Apr 2019 | Citi Bank N.A. | ₹6.50 Cr | Open |
| 24 Jan 2014 | Citi Bank N.A. | ₹2.00 Cr | Open |
How Many Employees Work at Varite India?
Varite India has a workforce of 755 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Varite India, 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 Varite India's trajectory.
Rating
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
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 Varite India
Recent activity within the organization
- Annual General Meeting
Varite India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Varite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Citi Bank N.A. of Rs. 65.00 M registered on 26 Apr 2019 with Charge ID 100272245 was modified on 28 Jul 2022.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 4.83 M with Charge ID 100532496 was registered on 16 Jan 2022.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 65.00 M with Charge ID 100272245 was registered on 26 Apr 2019.
- Charges
A charge with Citi Bank N.A. of Rs. 20.00 M registered on 24 Jan 2014 with Charge ID 10474507 was modified on 15 Sep 2017.
Frequently asked questions
What is the Incorporation or founding date of Varite India Private Limited?
Varite India Private Limited was incorporated on 05 Jan 2005.
What is authorized share capital and paid-up capital of Varite India Private Limited?
The authorized share capital of Varite India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.37 M.
Who are the current board members & directors of Varite India Private Limited?
Currently 4 directors are associated with Varite India Private Limited.
- Ashok Kumar Katyal
- Renu Katyal
- Archana Katyal
- Adarsh Katyal
What is the registered address of Varite India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Varite India Private Limited is Anisa House, Building No.88 Sector-44 India, Gurugram, Haryana, 122002.
What is the corporate identification number (CIN) and company number of Varite India Private Limited?
The corporate identification number (CIN) of Varite India Private Limited is U72200HR2005PTC035582 and the company number is 035582 as per Ministry of Corporate Affairs (MCA).
What is the official website of Varite India Private Limited?
The Official website of Varite India Private Limited is https://www.varite.com
What has been the recent revenue trend for Varite India Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Varite India Private Limited has risen by 72.51%.
How many employees does Varite India Private Limited currently have?
As Per 2022 financial reports, 755 employees are currently employed by Varite India Private Limited.
What change has been observed in the net worth of Varite India Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Varite India Private Limited has experienced an upsurge of 47.73%.
What are the total open charges for Varite India Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Varite India Private Limited amount to ₹ 8.98 Cr.
When was the last Balance Sheet of Varite India Private Limited filed with the ROC?
The most recent Balance Sheet for Varite India Private Limited was filed with the ROC on 31 Mar 2023.
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