MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0213931
Varish Synthetics Private Limited
Varish Synthetics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.43 Cr
▼ 2% YoY
Net profit · FY 2024
₹34.49 Lakh
Net margin 6.4%
EBITDA · FY 2024
₹58.8 Lakh
EBITDA margin 10.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.62 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
37
Provident fund records
Directors on board
3
As per MCA filings
About Varish Synthetics Private Limited
Data last updated:
Varish Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2016PTC286234. Its GSTIN is 27AAFCV6246B1ZE (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.62 Lakh. It is led by directors including Ankit Anand Chhaparia and Anandkumar Murarilal Chhaparia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.43 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹34.49 Lakh (net margin 6.4%) and EBITDA of ₹58.8 Lakh (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
Varish Synthetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0213931). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17299MH2016PTC286234
Registration Number 286234
Incorporation Date 26 September 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0213931
Key People
Ankit Anand Chhaparia Director Anandkumar Murarilal Chhaparia Director Divya Ankit Chhaparia Additional Director Recognitions & Rankings of Varish Synthetics
Contact details
Varish Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address172 Mittal Industrial Estate Sanjay Building No. 5/B 1st Flr. Andheri Kurla Road A, Ndheri (E), Mumbai, Maharashtra, India – 400059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Varish Synthetics Private Limited, buy the company report.
Comprehensive company report
Varish Synthetics 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 Varish Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Varish Synthetics Private Limited, buy the company report.
Financials of Varish Synthetics Private Limited
FY 2025 filings availableVarish Synthetics Private Limited reported revenue of ₹5.43 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹5.43 Cr ▼ 2%
Net profit · FY 2024
₹34.49 Lakh margin 6.4%
EBITDA · FY 2024
₹58.8 Lakh margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 14%
5 years · compounded
▲ 2%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹58.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 6.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Varish Synthetics Private Limited, buy the company report.
Board of directors of Varish Synthetics Private Limited
Varish Synthetics has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Anand Chhaparia | Director | 26 Sep 2016 | 10 Years 1 Months | Current |
| Anandkumar Murarilal Chhaparia | Director | 26 Sep 2016 | 10 Years 1 Months | Current |
| Divya Ankit Chhaparia | Additional Director | 15 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Varish Synthetics Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P. M. Garment Exports Private Limited | ₹5.43 Cr (FY 2021) | -43.0% | Liluah, West Bengal, India | |||
| D D Synthetics Private Limited | ₹5.43 Cr (FY 2025) | 2.0% | Amritsar, Punjab, India | |||
| Dannex Safe Food Farmers Producer Company Limited | ₹5.43 Cr (FY 2023) | 90.0% | Dantewada, Chhattisgarh, India | |||
| Varish Synthetics Private Limitedthis company | ₹5.43 Cr (FY 2024) | ₹34.49 Lakh | 6.4% | -2.0% | 37 | Mumbai, Maharashtra, India |
| Kokilaa Textile India Private Limited | ₹5.42 Cr (FY 2024) | -2.0% | Erode, Tamil Nadu, India | |||
| Trishaan Fashion Textile Private Limited | ₹5.42 Cr (FY 2025) | 146.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Varish Synthetics Private Limited, buy the company report.
Auditor
Varish Synthetics Private Limited is audited by SHANKARLAL JAIN & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKARLAL JAIN & ASSOCIATES LLP | FY 2019 | 109901W/W100082 |
Shareholding
The shareholding of Varish Synthetics Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varish Synthetics Private Limited, buy the company report.
Legal cases
Varish Synthetics Private Limited has 1 court case on record: 1 filed by Varish Synthetics. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Varish Synthetics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varish Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varish Synthetics Private Limited has a workforce of 37 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-2.63%
GST
Varish Synthetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV6246B1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varish Synthetics Private Limited, buy the company report.
Recent activity
Varish Synthetics Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Divya Ankit Chhaparia was appointed as Additional Director on 15 Jul 2025.
AGM
Varish Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Divya Ankit Chhaparia was appointed as Additional Director.
Filing
Varish Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Anandkumar Murarilal Chhaparia was appointed as Director.
Appointed
Ankit Anand Chhaparia was appointed as Director.
Incorporation
26 Sep 2016
Varish Synthetics Private Limited was registered on 26 Sep 2016 with Roc Mumbai I & aged 10 years 1 month as per MCA records.
Frequently asked questions
Varish Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 September 2016 (10+ years old) and is registered under CIN U17299MH2016PTC286234.
Varish Synthetics has 3 current directors:
- Ankit Anand Chhaparia - Director
- Anandkumar Murarilal Chhaparia - Director
- Divya Ankit Chhaparia - Additional Director
The latest financial statements of Varish Synthetics 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 FY 2017 are in the company report.
The GSTIN of Varish Synthetics is 27AAFCV6246B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varish Synthetics is U17299MH2016PTC286234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varish Synthetics has 1 court case on record: 1 filed by the company.
Varish Synthetics was incorporated on 26 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varish Synthetics by revenue are P. M. Garment Exports Private Limited, D D Synthetics Private Limited, Dannex Safe Food Farmers Producer Company Limited, Kokilaa Textile India Private Limited, Trishaan Fashion Textile Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Divya Ankit Chhaparia was appointed as Additional Director on 15 Jul 2025. Anandkumar Murarilal Chhaparia was appointed as Director on 26 Sep 2016. Ankit Anand Chhaparia was appointed as Director on 26 Sep 2016.
Yes, Varish Synthetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0213931).
The registered office of Varish Synthetics is at 172 Mittal Industrial Estate Sanjay Building No. 5B 1st Flr. Andheri Kurla Road A, Ndheri E, Mumbai, Maharashtra, India – 400059.
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