Varuni Systems Private Limited

Provides software services, development, maintenance, and consultancy for clients worldwide.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Varuni Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth 58.27%
  • Profit Growth -36.69%
  • Ebitda -78.21%
  • Net Worth 20.74%
  • Total Assets 63.96%

About Varuni Systems

Varuni Systems Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 September 2010 and has a history of 14 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Baruni Systems Private Limited. 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 0.50 M and a paid-up capital of Rs 0.12 M.

The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chaitanya Chandel, Nidhi Chandel, and Linima Nanavati serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2010PTC207447

  • Company No.

    207447

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

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

Board Members (3)

Name Designation Appointment Date Status
Chaitanya Chandel Country flag representing In Director 06-Sep-2010 Current
Nidhi Chandel Country flag representing In Director 06-Sep-2010 Current
Linima Nanavati Country flag representing In Director 06-Sep-2010 Current

Financial Performance of Varuni Systems.

Varuni Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.27% increase. The company also saw a substantial fall in profitability, with a 36.69% decrease in profit. The company's net worth Soared by an impressive increase of 20.74%.

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
58.27%
Revenue from Operations
34.03%
Total Assets
63.96%
Profit or Loss
-36.69%
Net Worth
20.74%
EBITDA
-78.21%

What is the Ownership and Shareholding Structure of Varuni Systems?

In 2023, Varuni Systems had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.00 M

Charges Breakdown by Lending Institutions

  • Abhyudaya Co-Operative Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2018 Abhyudaya Co-Operative Bank Limited ₹1.00 M Satisfied

How Many Employees Work at Varuni Systems?

Unlock and access historical data on people associated with Varuni Systems, 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 Varuni Systems, 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 Varuni Systems'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 Varuni Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Varuni Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 23 Feb 2018 via Charge ID 100182316 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 10 Nov 2022.

    10 Nov 2022

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 1.00 M with Charge ID 100182316 was registered on 23 Feb 2018.

    23 Feb 2018

  • Director Appointment

    Chaitanya Chandel was appointed as a Director was appointed as a Director on 06 Sep 2010 & has been associated with this company since 14 years 4 months .

    06 Sep 2010

  • Director Appointment

    Nidhi Nanavati Chandel was appointed as a Director was appointed as a Director on 06 Sep 2010 & has been associated with this company since 14 years 4 months .

    06 Sep 2010

Frequently asked questions

  • Varuni Systems Private Limited was incorporated on 06 Sep 2010.

  • The authorized share capital of Varuni Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Varuni Systems Private Limited.

    • Chaitanya Chandel
    • Nidhi Nanavati Chandel
    • Linima Nanavati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varuni Systems Private Limited is Haji Ali Mun. Off Co-Op Hsg Soc Bldg 4, Flat 3 India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Varuni Systems Private Limited is U72900MH2010PTC207447 and the company number is 207447 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Varuni Systems Private Limited is https://www.varunisystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varuni Systems Private Limited has risen by 58.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varuni Systems Private Limited has experienced an upsurge of 20.74%.

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

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