About Varizone Solar
Varizone Solar is an Energy & Utilities company based in Surat (India) founded in 2017. It develops and manages solar energy projects, from design and installation to ongoing operations. It operates on a B2B model. Its Indian entity Varizone Solar Private Limited reported revenue of ₹13.44 Cr. Its focus areas include Energy, Renewable Energy, Solar Projects and Design and Installation. Similar companies include Fourth Partner Energy, Rays Power Infra and Amplus Solar; 3 of its 3 listed similar companies have raised funding.
Company details
Varizone Solar, based in Surat, focuses on working in the energy sector, promoting renewable energy, solar projects, and design and installation. Develops and manages solar energy projects, from design and installation to ongoing operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Surat, India
- SectorsEnergy & Utilities
- Website varizone.in
- Social Facebook
- Legal Name Varizone Solar Private Limited
- Date of Incorporation 07 Apr, 2017
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹13.44 Cr
FY 2024 · +9% YoY
- Net Profit₹15.9 Lakh
FY 2024 · 1% margin
- EBITDA₹23 Lakh
FY 2024 · 2% margin
Associated legal entities of Varizone Solar
Varizone Solar operates through Varizone Solar Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varizone Solar Private Limited CIN U74999GJ2017PTC096756 | Active | 07 Apr 2017 | Surat, Gujarat | ₹13.4 Cr | 3 | View details |
Board of directors of Varizone Solar Private Limited (Varizone Solar)
Varizone Solar Private Limited is the primary company behind Varizone Solar. The board of Varizone Solar Private Limited currently have 3 directors; the longest-serving is Sanjaybhai Arvindbhai Patel, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjaybhai Arvindbhai Patel DIN 07777742 | Director | 07 Apr 2017 | 9 yrs 7 mo | Varizone Solar Private Limited |
| Hiren Chimanlal Shah DIN 07765472 | Director | 07 Apr 2017 | 9 yrs 7 mo | Varizone Solar Private Limited |
| Parshwa Dipak Shah DIN 07770723 | Director | 07 Apr 2017 | 9 yrs 7 mo | Varizone Solar Private Limited |
Financials of Varizone Solar
Figures of Varizone Solar Private Limited, the primary company behind Varizone Solar, for FY 2024. Revenue was ₹13.44 Cr (+9% year on year). Net profit was ₹15.9 Lakh (1% margin). EBITDA was ₹23 Lakh (2% margin). Revenue has grown at a compounded annual rate of -1% over three years and +17% over five years.
- ₹13.44 CrRevenue · FY 2024 · +9% YoY
- ₹15.9 LakhNet profit · 1% margin
- ₹23 LakhEBITDA · 2% margin
- ₹9 LakhPaid-up capital
- -1%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Varizone Solar Private Limited are on its company page.
Detailed financial statements for Varizone Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Varizone Solar
Varizone Solar has 3 listed similar companies in our database, 3 of them funded. They include Fourth Partner Energy, Rays Power Infra and Amplus Solar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| amplussolar.com | 2008 | Gurugram, India | $7.16M | 150 | Solar installation services and renewable energy solutions are provided. |
Detailed similar companies of Varizone Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Varizone Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Varizone Solar
Varizone Solar was founded in 2017.
Varizone Solar is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind Varizone Solar, Varizone Solar Private Limited, reported revenue of ₹13.44 Cr for FY 2024, up 9% year on year.
Varizone Solar, based in Surat, focuses on working in the energy sector, promoting renewable energy, solar projects, and design and installation. Develops and manages solar energy projects, from design and installation to ongoing operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Varizone Solar's top competitors include Rays Power Infra, Fourth Partner Energy and Amplus Solar.
Varizone Solar operates through Varizone Solar Private Limited.
The legal entities of Varizone Solar currently have 3 directors, including Sanjaybhai Arvindbhai Patel, Hiren Chimanlal Shah, Parshwa Dipak Shah.