Varite India Private Limited logo

Varite India Private Limited

Provides software engineering and development services to overseas and domestic clients.
2005 | Gurugram, Haryana (India) | Active

Last Updated:

October 24, 2024
HomeCompanyVarite India Private Limited

Who are the key members and board of directors at Varite India?

Board Members(4)

NameDesignationAppointment DateStatus
Archana Katyal Us Director 05-Jan-2005Current
Adarsh Katyal Us Director 30-Jan-2009Current
Ashok Katyal In Director 05-Jan-2005Current
Renu Katyal In Director 18-Feb-2005Current

Financial Performance of Varite India.

Varite India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.34% increase. The company also saw a substantial improvement in profitability, with a 30.52% increase in profit. The company's net worth Soared by an impressive increase of 42.17%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.34%
Revenue from Operations
29.77%
Total Assets
-9.86%
Profit or Loss
30.52%
Net Worth
42.17%
EBITDA
11.92%

Charges (Loans)

Open Charges

₹89.83 M

LenderAmountStatus

Citi Bank N.A.

Creation Date: 16 Jan 2022
₹4.83 MOpen

Citi Bank N.A.

Creation Date: 26 Apr 2019
₹6.50 CrOpen

Citi Bank N.A.

Creation Date: 24 Jan 2014
₹2.00 CrOpen

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.

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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.

    30 Sep 2023

  • Balance Sheet

    Varite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • 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.

    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.

    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.

    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.

    15 Sep 2017

Frequently asked questions

  • Varite India Private Limited was incorporated on 05 Jan 2005.

  • The authorized share capital of Varite India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.37 M.

  • Currently 4 directors are associated with Varite India Private Limited.

    • Ashok Kumar Katyal
    • Renu Katyal
    • Archana Katyal
    • Adarsh Katyal
  • 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.

  • 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).

  • The Official website of Varite India Private Limited is https://www.varite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varite India Private Limited has risen by 30.34%.

  • As Per 2023 financial reports, 755 employees are currently employed by Varite India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varite India Private Limited has experienced an upsurge of 42.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varite India Private Limited amount to ₹ 8.98 Cr.

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

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