About Bahula Infotech Private Limited
Data last updated:
Bahula Infotech Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Vara Technology Private Limited. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 24 January 2014.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2014PTC199722. Its GSTIN is 19AAMCA3707H1ZL (West Bengal). The company held 9 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as Vikarta Enterprises Private Limited and Vara United Private Limited. It was led by directors including Rashmi Chhawchharia (Irp/Rp/Liquidator) and Tapas Chakraborty.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2020, the company reported a revenue of ₹387.38 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹3.64 Cr (net margin -0.9%) and EBITDA of ₹16.87 Cr (EBITDA margin 4.4%).
The company had about 15 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Vara United. As per MCA filings, the company had satisfied charges of ₹495.13 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 7 deals on record (4 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in March 2020. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Paradigmit Technology Services Private Limited with revenue of ₹421.45 Cr.
The last known website on record is varainfotech.com.
Company details
Name history
Bahula Infotech has undergone 4 name changes throughout its history. The current legal name is Bahula Infotech Private Limited.
| Company Name | Status |
|---|---|
| Bahula Infotech Private Limited | Current |
| Vikarta Enterprises Private Limited | Previous |
| Vara United Private Limited | Previous |
| Vara Infotech Private Limited | Previous |
| Aksara Enterprises Private Limited | Previous |
CIN history
Bahula Infotech has one previous CIN (Corporate Identification Number): U67190WB2014PTC199722. The current CIN is U72900WB2014PTC199722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900WB2014PTC199722 | Current |
| U67190WB2014PTC199722 | Previous |
Contact details
Bahula Infotech Private Limited's registered office is in Kolkata, West Bengal. Its website is varainfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address207 Maharshi Debendra Road, Posta, Kolkata, West Bengal, India – 700007
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Bahula Infotech 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
Brands
Bahula Infotech operates one associated brand: Vara United. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A global company providing a wide range of software solutions and services. | varaunited.com |
Business activity
The main business activity of Bahula Infotech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Bahula Infotech Private Limited, buy the company report.
Financials of Bahula Infotech Private Limited
FY 2020 filings availableBahula Infotech Private Limited reported revenue of ₹387.38 Cr (up 75% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 75% in the latest year. EBITDA fell 46% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹387.38 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.64 Cr | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Bahula Infotech Private Limited, buy the company report.
Board of directors of Bahula Infotech Private Limited
Bahula Infotech has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Chhawchharia Also directs: Egress Insolvency Professionals LLP, JMNR & Associates LLP | Irp/Rp/Liquidator | 25 Sep 2023 | 3 Years 0 Months | As last reported |
| Tapas Chakraborty | Additional Director | 17 Mar 2020 | 6 Years 7 Months | As last reported |
| Gopal Roy Also directs: Optimum Infratel Private Limited | Additional Director | 17 Mar 2020 | 6 Years 7 Months | As last reported |
Peer comparison
Bahula Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paradigmit Technology Services Private Limited | ₹421.45 Cr (FY 2025) | 32.0% | Hyderabad, Telangana, India | |||
| Celebal Technologies Private Limited | ₹412.36 Cr (FY 2025) | 47.0% | Jaipur, Rajasthan, India | |||
| Junglee Games India Private Limited | ₹391.97 Cr (FY 2025) | Gurgaon, Haryana, India | ||||
| Areteans Technology Solutions Private Limited | ₹391.16 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Mirafra Software Technologies Private Limited | ₹387.8 Cr (FY 2025) | 34.0% | Bangalore, Karnataka, India | |||
| Bahula Infotech Private Limitedthis company | ₹387.38 Cr (FY 2020) | -₹3.64 Cr | -0.9% | 75.0% | 15 | Kolkata, West Bengal, India |
| Jetsynthesys Private Limited | ₹382.82 Cr (FY 2025) | 51.0% | Pune, Maharashtra, India | |||
| Automation Anywhere Software Private Limited | ₹382.76 Cr (FY 2024) | -3.0% | Vadodara, Gujarat, India | |||
| Zerodha Technology Private Limited | ₹372.1 Cr (FY 2025) | -12.0% | Bangalore, Karnataka, India | |||
| RN Chidakashi Technologies Private Limited | ₹367.12 Cr (FY 2024) | 61.0% | Mumbai, Maharashtra, India | |||
| Iopex Technologies Private Limited | ₹364.59 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Bahula Infotech Private Limited, buy the company report.
Auditor
Bahula Infotech Private Limited is audited by BANTI CHOURASIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANTI CHOURASIA & ASSOCIATES | FY 2020 | 330626E |
Shareholding
The shareholding of Bahula Infotech Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bahula Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2018 | 100169073 | Others | ₹130 Cr | Satisfied | |
| 05 Jul 2017 | 100123968 | Others | ₹26.45 Cr | Satisfied | |
| 27 Jun 2017 | 100109158 | Others | ₹100 Cr | Satisfied | |
| 22 Aug 2016 | 100079008 | Others | ₹15 Cr | Satisfied | |
| 29 Jun 2016 | 100045248 | Others | ₹190 Cr | Satisfied |
To see the full charge records of Bahula Infotech Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Bahula Infotech Private Limited has 7 deals on record (4 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in March 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Acquisition | Undisclosed | Buyer: Chaitanya Manufacturers Pvt Ltd Seller: Vara Technology Private Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: Vara Technology Private Limited & Mahesh Kumar Nagwan Seller: Vara Technology Private Limited & Sujit Kanoria |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Vara Technology Private Limited & Sujit Kanoria Seller: Vara Technology Private Limited & Mahesh Kumar Nagwan |
| May 2016 | Secondary share transfer | Undisclosed | Buyer: Vara Technology Private Limited , Vara Technology Private Limited & Mahesh Kumar Nagwan Seller: Vara Technology Private Limited & Hari Prasad Kanoria, Vara Technology Private Limited & Champa Devi Kanoria |
| Dec 2015 | Acquisition | ₹10 Lakh | Buyer: Vara Technology Private Limited Seller: Kanoria Foundation |
To see the full deal history of Bahula Infotech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bahula Infotech Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed against the company by Viom Infra Ventures Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Bahula Infotech 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.
Credit ratings & regulatory alerts
Bahula Infotech Private Limited was last rated by Care on 26 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Mar 2019 |
To see the full credit ratings and regulatory alerts of Bahula Infotech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bahula Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bahula Infotech Private Limited has a workforce of 15 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Bahula Infotech has 9 GST registrations: 2 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAMCA3707H1ZL | West Bengal | Active | 01 Jul 2017 |
| 27AAMCA3707H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bahula Infotech Private Limited, buy the company report.
Recent activity
Bahula Infotech Private Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Rashmi Chhawchharia was appointed as Irp/Rp/Liquidator on 25 Sep 2023.
20 earlier events are in the company report.
Frequently asked questions
Bahula Infotech has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Bahula Infotech was a private limited company based in Kolkata, West Bengal, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 24 January 2014 and is registered under CIN U72900WB2014PTC199722. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Bahula Infotech was incorporated on 24 January 2014. It is registered with the Registrar of Companies, Kolkata.
Bahula Infotech had 3 directors:
- Tapas Chakraborty - Additional Director
- Gopal Roy - Additional Director
- Rashmi Chhawchharia - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Bahula Infotech is U72900WB2014PTC199722. 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 Bahula Infotech is at 207 Maharshi Debendra Road, Posta, Kolkata, West Bengal, India – 700007.
Bahula Infotech can be reached through the website varainfotech.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Bahula Infotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Bahula Infotech is 19AAMCA3707H1ZL, registered in West Bengal. The company has 9 GST registrations in all, of which 2 are active and 7 are cancelled or inactive. Other active GSTINs include 27AAMCA3707H1ZO (Maharashtra).
Bahula Infotech operated in the information technology industry, in the software development and support services segment.
Bahula Infotech has 7 deals on record (4 secondary share transfers, 2 acquisitions, 1 rights issue); the latest was in March 2020.