Varcomm Technologies Private Limited

Varcomm Technologies Private Limited - service in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74999MH2013PTC248130 Incorporated 12 September 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company service
Data last updated
Revenue · FY 2018
₹48,050
▼ 92% YoY
Net loss · FY 2018
₹5,829
Net margin -12.1%
EBITDA · FY 2018
-₹3,441
EBITDA margin -7.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Varcomm Technologies Private Limited

Data last updated:

Varcomm Technologies Private Limited was a private limited company based in Mumbai, 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 12 September 2013.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC248130. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Umesh Namdev Virle and Ranjit Jaiprakash Vaity.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 19 Sai Narayan Bldg Bhandup Village (E) Mumbai, Maharashtra, India – 400042.

As per the financials filed for FY 2018, the company reported a revenue of ₹48,050, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹5,829 (net margin -12.1%) and EBITDA of -₹3,441 (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.

Company details

CIN U74999MH2013PTC248130
Registration Number 248130
Incorporation Date 12 September 2013
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Varcomm Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    19 Sai Narayan Bldg Bhandup Village (E) Mumbai, Maharashtra, India – 400042
  • Industry
    Service, Information Technology Services

To see the full contact details of Varcomm Technologies Private Limited, buy the company report.

Comprehensive company report
Varcomm Technologies Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Varcomm Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Varcomm Technologies Private Limited, buy the company report.

Financials of Varcomm Technologies Private Limited

FY 2018 filings available

Varcomm Technologies Private Limited reported revenue of ₹48,050 (down 92% YoY) for FY 2018.

Revenue · FY 2018
₹48,050 ▼ 92%
Net loss · FY 2018
₹5,829 margin -12.1%
EBITDA · FY 2018
-₹3,441 margin -7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▼ 111%
3 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 92% fall in the latest year. EBITDA fell 111% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹3,441
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5,829
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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-7.2%
Net Profit Margin-12.1%
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

To see the full financial statements and ratios of Varcomm Technologies Private Limited, buy the company report.

Board of directors of Varcomm Technologies Private Limited

Varcomm Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Umesh Namdev VirleDirector12 Sep 201313 Years 1 MonthsAs last reported
Ranjit Jaiprakash VaityDirector12 Sep 201313 Years 1 MonthsAs last reported

Peer comparison

Varcomm Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Focture Technologies Private Limited₹48,165 (FY 2021)-64.0%Ernakulam, Kerala, India
Anomatrix Technologies Private Limited₹48,100 (FY 2020)-89.0%New Delhi, Delhi, India
Maya Technosoft Private Limited₹48,090 (FY 2016)-48.0%New Delhi, Delhi, India
Jinendra Data Processors Pvt Ltd₹48,081 (FY 2025)2.0%Kolkata, West Bengal, India
Syscron Artificial Intelligence Private Limited₹48,060 (FY 2025)-54.0%Ahmednagar, Maharashtra, India
Varcomm Technologies Private Limitedthis company₹48,050 (FY 2018)-₹5,829-12.1%-92.0%Mumbai, Maharashtra, India
Kiukart Shopee Private Limited₹48,031 (FY 2017)Howrah, West Bengal, India
Sdnsoftech Services Private Limited₹48,000 (FY 2023)50.0%Hyderabad, Telangana, India
Rhino Tech-Soft Private Limited₹48,000 (FY 2025)-20.0%Madurai, Tamil Nadu, India
Inspirative Lancers India Private Limited₹48,000 (FY 2024)-52.0%Hyderabad, Telangana, India
Creatoors Tech Private Limited₹47,962 (FY 2020)-82.0%Bhandara, Maharashtra, India

To see the full peer comparison of Varcomm Technologies Private Limited, buy the company report.

Auditor

Varcomm Technologies Private Limited is audited by HARSHAL GAYKAR & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
HARSHAL GAYKAR & ASSOCIATESFY 2017136238W

Shareholding

The shareholding of Varcomm Technologies 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varcomm Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varcomm Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Varcomm Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Varcomm Technologies Private Limited, buy the company report.

Recent activity

Varcomm Technologies Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Pankaj Shrikant Walvatkar ceased to be Director on 19 Jan 2015.

AGM
Varcomm Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Varcomm Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Ceased
Pankaj Shrikant Walvatkar ceased to be Director.
Appointed
Ranjit Jaiprakash Vaity was appointed as Director.
Appointed
Umesh Namdev Virle was appointed as Director.
Incorporation
12 Sep 2013
Varcomm Technologies Private Limited was registered on 12 Sep 2013 with Roc Mumbai & aged 13 years 1 month as per MCA records.

Frequently asked questions

Varcomm Technologies 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.

Varcomm Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in information technology services, within the service industry. It was incorporated on 12 September 2013 and is registered under CIN U74999MH2013PTC248130. The company has been struck off by the Registrar of Companies and is no longer operational.

Varcomm Technologies had 2 directors:

The CIN (Corporate Identification Number) of Varcomm Technologies is U74999MH2013PTC248130. 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 Varcomm Technologies is at 19 Sai Narayan Bldg Bhandup Village E Mumbai, Maharashtra, India – 400042.

Varcomm Technologies was incorporated on 12 September 2013. It is registered with the Registrar of Companies, Mumbai.

The latest financial statements of Varcomm Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

No. Varcomm Technologies has 1 GST registration on record and it is cancelled or inactive.

Varcomm Technologies operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.

The peers of Varcomm Technologies by revenue are Focture Technologies Private Limited, Anomatrix Technologies Private Limited, Maya Technosoft Private Limited, Jinendra Data Processors Pvt Ltd, Syscron Artificial Intelligence Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Pankaj Shrikant Walvatkar ceased to be Director on 19 Jan 2015. Ranjit Jaiprakash Vaity was appointed as Director on 12 Sep 2013. Umesh Namdev Virle was appointed as Director on 12 Sep 2013.