Varnitech Solution Private Limited

Provides networking and cabling services.

2018 | Anand, Gujarat (India) | Active
Last Updated: October 24, 2024

Varnitech Solution Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 37.22%
  • Profit Growth -5.90%
  • Ebitda 0.76%
  • Net Worth 46.96%
  • Total Assets 180.93%

About Varnitech Solution

Varnitech Solution Private Limited (VSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 04 May 2018 (Six years and nine months 7 days old ). Its registered office is in Anand, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 Cr.

Janki Padhiar, Prashant Soni, and Shweta Soni serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2018PTC102166

  • Company No.

    102166

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

Who are the key members and board of directors at Varnitech Solution?

Board Members (3)

Name Designation Appointment Date Status
Janki Padhiar Country flag representing In Director 06-Aug-2019 Current
Prashant Soni Country flag representing In Director 04-May-2018 Current
Shweta Soni Country flag representing In Director 04-May-2018 Current

Financial Performance of Varnitech Solution.

Varnitech Solution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.22% increase. The company also saw a slight decrease in profitability, with a 5.9% decrease in profit. The company's net worth Soared by an impressive increase of 46.96%.

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
37.22%
Revenue from Operations
37.28%
Total Assets
180.93%
Profit or Loss
-5.90%
Net Worth
46.96%
EBITDA
0.76%

What is the Ownership and Shareholding Structure of Varnitech Solution?

In 2023, Varnitech Solution 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

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2023 Axis Bank Limited ₹1.00 Cr Open

How Many Employees Work at Varnitech Solution?

Unlock and access historical data on people associated with Varnitech Solution, 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 Varnitech Solution, 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 Varnitech Solution'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 Varnitech Solution

Recent activity within the organization

  • Annual General Meeting

    Varnitech Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varnitech Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100806662 was registered on 29 Sep 2023.

    29 Sep 2023

  • Director Appointment

    Janki Padhiar was appointed as a Director was appointed as a Director on 06 Aug 2019 & has been associated with this company since 5 years 6 months .

    06 Aug 2019

  • Director Appointment

    Prashant Vinubhai Soni was appointed as a Director was appointed as a Director on 04 May 2018 & has been associated with this company since 6 years 9 months .

    04 May 2018

  • Director Appointment

    Shweta Prashant Soni was appointed as a Director was appointed as a Director on 04 May 2018 & has been associated with this company since 6 years 9 months .

    04 May 2018

Frequently asked questions

  • Varnitech Solution Private Limited was incorporated on 04 May 2018.

  • The authorized share capital of Varnitech Solution Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Varnitech Solution Private Limited.

    • Janki Padhiar
    • Prashant Vinubhai Soni
    • Shweta Prashant Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varnitech Solution Private Limited is Trushar Opp. New House Bh Sheetal Bakrol Road, Vallabh Vidhyanagar India, Anand, Gujarat, 388120.

  • The corporate identification number (CIN) of Varnitech Solution Private Limited is U72900GJ2018PTC102166 and the company number is 102166 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varnitech Solution Private Limited is https://www.varni.tech

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varnitech Solution Private Limited has risen by 37.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varnitech Solution Private Limited has experienced an upsurge of 46.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varnitech Solution Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Varnitech Solution Private Limited was filed with the ROC on 31 Mar 2024.