Varma Teleservices India Private Limited

Provides turnkey solutions for networking and telecommunications services, including network optimization and infrastructure construction.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: January 05, 2025

Varma Teleservices India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.50 M
  • Revenue Growth -69.66%
  • Profit Growth 12.26%
  • Ebitda 0.78%
  • Net Worth 27.03%
  • Total Assets -28.04%

About Varma Teleservices India

Varma Teleservices India Private Limited (VTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 October 2009 and has a history of 15 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Telecom Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.50 M.

Sagiraju Varma and Madhiraju Sujatha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varmagroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64201KA2009PTC051232

  • Company No.

    051232

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Telecom

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

Board Members (2)

NameDesignationAppointment DateStatus
Sagiraju Varma Country flag representing In Additional Director 18-Jan-2023Current
Madhiraju Sujatha Country flag representing In Director 07-Jun-2017Current

Financial Performance of Varma Teleservices India.

Varma Teleservices India Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 69.66% decrease. The company also saw a substantial improvement in profitability, with a 12.26% increase in profit. The company's net worth Soared by an impressive increase of 27.03%.

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
-69.66%
Revenue from Operations
-69.64%
Total Assets
-28.04%
Profit or Loss
12.26%
Net Worth
27.03%
EBITDA
0.78%

What is the Ownership and Shareholding Structure of Varma Teleservices India?

In 2020, Varma Teleservices 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2020Syndicate Bank₹9.50 MOpen

How Many Employees Work at Varma Teleservices India?

Varma Teleservices India has a workforce of 4 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 Varma Teleservices 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 Varma Teleservices India'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 Varma Teleservices India

Recent activity within the organization

  • Director Appointment

    Sagiraju Doraswamiraju Prakash Varma was appointed as a Additional Director was appointed as a Additional Director on 18 Jan 2023 & has been associated with this company since 2 years 1 month .

    18 Jan 2023

  • Annual General Meeting

    Varma Teleservices India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Varma Teleservices India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with Syndicate Bank amounted to Rs. 9.50 M with Charge ID 100331394 was registered on 24 Feb 2020.

    24 Feb 2020

  • Director Appointment

    Madhiraju Ramaswamy Raju Sujatha was appointed as a Director was appointed as a Director on 07 Jun 2017 & has been associated with this company since 7 years 8 months .

    07 Jun 2017

  • Company Incorporation

    Varma Teleservices India Private Limited was registered on 19 Oct 2009 with Roc Bangalore & aged 15 years 4 months as per MCA records.

    19 Oct 2009

Frequently asked questions

  • Varma Teleservices India Private Limited was incorporated on 19 Oct 2009.

  • The authorized share capital of Varma Teleservices India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Varma Teleservices India Private Limited.

    • Sagiraju Doraswamiraju Prakash Varma
    • Madhiraju Ramaswamy Raju Sujatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varma Teleservices India Private Limited is No.31 2Nd Floor G M Ramakrishnappa Layout Main, Sanjaynagar Main Road India, Bangalore, Karnataka, 560094.

  • The corporate identification number (CIN) of Varma Teleservices India Private Limited is U64201KA2009PTC051232 and the company number is 051232 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varma Teleservices India Private Limited is https://www.varmagroup.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Varma Teleservices India Private Limited has fallen by -69.66%.

  • As Per 2020 financial reports, 4 employees are currently employed by Varma Teleservices India Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Varma Teleservices India Private Limited has experienced an upsurge of 27.03%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Varma Teleservices India Private Limited amount to ₹ 9.50 M.

  • The most recent Balance Sheet for Varma Teleservices India Private Limited was filed with the ROC on 31 Mar 2022.

People also Viewed

Similar Companies Based on Telecom Service Providers