Varnik Systems Services Private Limited

Web design and development company offering virtual services, project management, and various products through partnerships.

2009 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated: December 19, 2024

Varnik Systems Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 19.37%
  • Profit Growth -58.39%
  • Ebitda 68.08%
  • Net Worth 6.54%
  • Total Assets 17.86%

About Varnik Systems Services

Varnik Systems Services Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 2009 and has a history of 15 years and 11 months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Muruga Bagavathinathan, Thangaiah Bagavathinathan, Pandy Athipathy, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    varnikcloud.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2009PTC071056

  • Company No.

    071056

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2009

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Varnik Systems Services Private Limited offer?

Varnik Systems Services Private Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Ethernet Device, Data Entry & Data Processing Service, Database Management, Pallet Racks, Storage Systems, Surveillance Systems, CCTV System, Laptops, PC, Mainframes & Computers, Computer Systems.

Who are the key members and board of directors at Varnik Systems Services?

Board Members (4)

NameDesignationAppointment DateStatus
Muruga Bagavathinathan Country flag representing In Director 20-Mar-2009Current
Thangaiah Bagavathinathan Country flag representing In Director 20-Mar-2009Current
Pandy Athipathy Country flag representing Us Director 01-Jul-2009Current
Athipathy Anitha Country flag representing Us Director 01-Jul-2009Current

Financial Performance of Varnik Systems Services.

Varnik Systems Services Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 19.37% increase. The company also saw a substantial fall in profitability, with a 58.39% decrease in profit. The company's net worth moved up by a moderate rise of 6.54%.

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
19.37%
Revenue from Operations
19.37%
Total Assets
17.86%
Profit or Loss
-58.39%
Net Worth
6.54%
EBITDA
68.08%

What is the Ownership and Shareholding Structure of Varnik Systems Services?

In 2015, Varnik Systems Services had a promoter holding of 2.00% and a public holding of 98.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Varnik Systems Services?

Varnik Systems Services has a workforce of 20 employees as of Apr 03, 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 Varnik Systems Services, 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 Varnik Systems Services'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 Varnik Systems Services

Recent activity within the organization

  • Annual General Meeting

    Varnik Systems Services Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Varnik Systems Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Director Appointment

    Pandy Athipathy was appointed as a Director was appointed as a Director on 01 Jul 2009 & has been associated with this company since 15 years 7 months .

    01 Jul 2009

  • Director Appointment

    Athipathy Anitha was appointed as a Director was appointed as a Director on 01 Jul 2009 & has been associated with this company since 15 years 7 months .

    01 Jul 2009

  • Director Appointment

    Muruga Prakash Bagavathinathan was appointed as a Director was appointed as a Director on 20 Mar 2009 & has been associated with this company since 15 years 11 months .

    20 Mar 2009

  • Director Appointment

    Thangaiah Bagavathinathan was appointed as a Director was appointed as a Director on 20 Mar 2009 & has been associated with this company since 15 years 11 months .

    20 Mar 2009

Frequently asked questions

  • Varnik Systems Services Private Limited was incorporated on 20 Mar 2009.

  • The authorized share capital of Varnik Systems Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Varnik Systems Services Private Limited.

    • Muruga Prakash Bagavathinathan
    • Thangaiah Bagavathinathan
    • Pandy Athipathy
    • Athipathy Anitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varnik Systems Services Private Limited is No.1 Ist Cross Sundar Nagar India, Tiruchirappalli, Tamil Nadu, 620021.

  • The corporate identification number (CIN) of Varnik Systems Services Private Limited is U72200TN2009PTC071056 and the company number is 071056 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varnik Systems Services Private Limited is https://www.varnikcloud.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Varnik Systems Services Private Limited has risen by 19.37%.

  • As Per 2015 financial reports, 20 employees are currently employed by Varnik Systems Services Private Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Varnik Systems Services Private Limited has experienced an upsurge of 6.54%.

  • The most recent Balance Sheet for Varnik Systems Services Private Limited was filed with the ROC on 31 Mar 2019.