Varadhasta IT Solutions Private Limited
About Varadhasta IT Solutions Private Limited
Data last updated:
Varadhasta IT Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 05 August 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013PTC148372.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mayuri Manoj Bapat and Prasanna Pradeep Ogale.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at A – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2016, the company reported a revenue of ₹69,040, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45,280 (net margin 65.6%) and EBITDA of ₹60,060 (EBITDA margin 87%).
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- Registered AddressA – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033
- IndustryService, Information Technology Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Varadhasta IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Varadhasta IT Solutions Private Limited
FY 2016 filings availableVaradhasta IT Solutions Private Limited reported revenue of ₹69,040 (up 439% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 439% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹60,060 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹45,280 | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 87% | |
| Net Profit Margin | 65.6% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varadhasta IT Solutions are in the company report.
: available in the company report
Board of Directors of Varadhasta IT Solutions Private Limited
Varadhasta IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuri Manoj Bapat | Director | 05 Aug 2013 | 13 Years 2 Months | As last reported |
| Prasanna Pradeep Ogale | Director | 05 Aug 2013 | 13 Years 2 Months | As last reported |
Peer Comparison
Varadhasta IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lepidus Enterprises Private Limited | ₹69,264 (FY 2024) | •••• | •••• | -75.0% | •••• | Bangalore, Karnataka, India |
| Thybolt Technologies Private Limited | ₹69,200 (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Ayata Tech Labs Private Limited | ₹69,180 (FY 2022) | •••• | •••• | -82.0% | •••• | Delhi, India |
| Nimal Maula Industries Private Limited | ₹69,112 (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Planet 41 Mobi-Venture Limited | ₹69,049 (FY 2022) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Varadhasta IT Solutions Private Limited this company | ₹69,040 (FY 2016) | •••• | •••• | 439.0% | •••• | Pune, Maharashtra, India |
| Integrated Project Management Group Private Limited | ₹69,020 (FY 2025) | •••• | •••• | 145.0% | •••• | New Delhi, Delhi, India |
| Voxit Media Tech Private Limited | ₹69,000 (FY 2025) | •••• | •••• | 590.0% | •••• | Chennai, Tamil Nadu, India |
| Bigome Technologies Private Limited | ₹69,000 (FY 2025) | •••• | •••• | 226.0% | •••• | Chikkabidarakallu, Karnataka, India |
| Precission Solutions and Services Private Limited | ₹68,872 (FY 2016) | •••• | •••• | -69.0% | •••• | Kochi, Kerala, India |
| Playing Colours Visual Media Private Limited | ₹68,710 (FY 2017) | •••• | •••• | -19.0% | •••• | Palarivattom Bypass, Kerala, India |
Peers are the companies nearest to Varadhasta IT Solutions by revenue, above and below it, in the same principal business activity (other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Varadhasta IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Varadhasta IT Solutions.
: available in the company report
Recent Activity
Varadhasta IT Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mayuri Manoj Bapat was appointed as Director on 05 Aug 2013.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Varadhasta IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Varadhasta IT Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in information technology services, within the service industry. It was incorporated on 05 August 2013 and is registered under CIN U72900PN2013PTC148372. The company has been struck off by the Registrar of Companies and is no longer operational.
Varadhasta IT Solutions had 2 directors:
- Mayuri Manoj Bapat - Director
- Prasanna Pradeep Ogale - Director
The CIN (Corporate Identification Number) of Varadhasta IT Solutions is U72900PN2013PTC148372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Varadhasta IT Solutions is at A – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033.
Varadhasta IT Solutions was incorporated on 05 August 2013. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Varadhasta IT Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Varadhasta IT Solutions operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Varadhasta IT Solutions by revenue are Lepidus Enterprises Private Limited, Thybolt Technologies Private Limited, Ayata Tech Labs Private Limited, Nimal Maula Industries Private Limited, Planet 41 Mobi-Venture Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Mayuri Manoj Bapat was appointed as Director on 05 Aug 2013. Prasanna Pradeep Ogale was appointed as Director on 05 Aug 2013.
Varadhasta IT Solutions can be reached at its registered office: A – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033.