Varad Clothing Private Limited
About Varad Clothing Private Limited
Data last updated:
Varad Clothing Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 02 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18101MP2015PTC033789. Its GSTIN is 23AAFCV0225L1ZI (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Charchit Garg and Archit Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 148 Readymade Complex Industrial Area Pardeshipura, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.67 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹6,080 (net margin 0.6%) and EBITDA of ₹2.43 Lakh (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varad Clothing Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address148 Readymade Complex Industrial Area Pardeshipura, Indore, Madhya Pradesh, India – 452003
- IndustryAppreal & Fashion, Textile, Leather, Apparel
To see the full contact details of Varad Clothing Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Varad Clothing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Varad Clothing Private Limited, buy the company report.
Financials of Varad Clothing Private Limited
FY 2025 filings availableVarad Clothing Private Limited reported revenue of ₹10.67 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.43 Lakh | ||||
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| Net Profit (PAT) | ₹6,080 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Varad Clothing Private Limited, buy the company report.
Board of directors of Varad Clothing Private Limited
Varad Clothing has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charchit Garg Also directs: Puneet Apparels Pvt Ltd | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Archit Garg Also directs: Puneet Apparels Pvt Ltd | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Varad Clothing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanvi Beverages Private Limited | ₹10.68 Lakh (FY 2024) | Vadodara, Gujarat, India | ||||
| Eelly Life Sciences Private Limited | ₹10.68 Lakh (FY 2024) | 33.0% | Agra, Uttar Pradesh, India | |||
| K I Fashions Private Limited | ₹10.68 Lakh (FY 2020) | -57.0% | Hyderabad, Telangana, India | |||
| Harekrishna Texturising Pvt Ltd | ₹10.67 Lakh (FY 2025) | -34.0% | Surat, Gujarat, India | |||
| Bemco Contracting Private Limited | ₹10.67 Lakh (FY 2019) | -92.0% | New Delhi, Delhi, India | |||
| Varad Clothing Private Limitedthis company | ₹10.67 Lakh (FY 2025) | ₹6,080 | 0.6% | -47.0% | Indore, Madhya Pradesh, India | |
| Astha Business Private Limited | ₹10.67 Lakh (FY 2024) | -11.0% | Kolkata, West Bengal, India | |||
| Veerossa Trading Private Limited | ₹10.67 Lakh (FY 2024) | 208.0% | New Delhi, Delhi, India | |||
| Ducon Petroleum Private Limited | ₹10.67 Lakh (FY 2023) | -78.0% | Udaipur, Rajasthan, India | |||
| Trends-Netra Trade N Tech Private Limited | ₹10.67 Lakh (FY 2024) | 135.0% | Patna, Bihar, India | |||
| Dhronim Medical Services (OPC) Private Limited | ₹10.67 Lakh (FY 2025) | 12.0% | Kancheepuram, Tamil Nadu, India |
To see the full peer comparison of Varad Clothing Private Limited, buy the company report.
Auditor
Varad Clothing Private Limited is audited by KHANDELWAL KAKANI & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDELWAL KAKANI & COMPANY | FY 2017 | 001311C |
Shareholding
The shareholding of Varad Clothing Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varad Clothing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varad Clothing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varad Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varad Clothing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCV0225L1ZI | Madhya Pradesh | Active | 04 Aug 2022 |
To see the full GST registrations and return filing status of Varad Clothing Private Limited, buy the company report.
Recent activity
Varad Clothing Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Charchit Garg was appointed as Director on 01 Apr 2023.
Frequently asked questions
Varad Clothing is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 02 February 2015 (11+ years old) and is registered under CIN U18101MP2015PTC033789.
Varad Clothing has 2 current directors:
- Charchit Garg - Director
- Archit Garg - Director
The latest financial statements of Varad Clothing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Varad Clothing is 23AAFCV0225L1ZI, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Varad Clothing is U18101MP2015PTC033789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varad Clothing was incorporated on 02 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Varad Clothing by revenue are Shanvi Beverages Private Limited, Eelly Life Sciences Private Limited, K I Fashions Private Limited, Harekrishna Texturising Pvt Ltd, Bemco Contracting Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Charchit Garg was appointed as Director on 01 Apr 2023. Manju Garg ceased to be Director on 01 Apr 2023. Nidhi Garg ceased to be Director on 01 Apr 2023. Varad Clothing has 5 board changes on record in total.
The registered office of Varad Clothing is at 148 Readymade Complex Industrial Area Pardeshipura, Indore, Madhya Pradesh, India – 452003.
Varad Clothing operates in the apparel and fashion industry, in the textile segment.
The compliance status of Varad Clothing is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.