Benvar Private Limited
About Benvar Private Limited
Data last updated:
Benvar Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 20 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC155734. Its GSTIN is 29AAKCB3881H1ZA (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Madihalli Vishwanath Harshitha and Basavaraju Sharavana.
Its last annual general meeting (AGM) was held on 03 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 109 Btm 4th Stage 2nd Block 80 Feet Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.45 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹46.23 Lakh (net margin -168.4%) and EBITDA of -₹46.23 Lakh (EBITDA margin -168.4%).
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- Registered AddressNo. 109 Btm 4th Stage 2nd Block 80 Feet Road, Bangalore, Karnataka, India – 560076
- 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 of Benvar Private Limited
The main business activity of Benvar 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
Verified entity values are shown only after access is granted.
Financials of Benvar Private Limited FY 2024 filings available
Benvar Private Limited reported revenue of ₹27.45 Lakh (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Benvar Private Limited
Revenue rose 41% in the latest year. EBITDA fell 215% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Benvar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹46.23 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹46.23 Lakh | •••• | •••• |
| 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 of Benvar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -168.4% | •••• | •••• |
| Net Profit Margin | -168.4% | •••• | •••• |
| 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 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 Benvar are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Benvar Private Limited
Benvar 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 |
|---|---|---|---|---|---|---|
| Robonito Private Limited | ₹27.49 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Aligarh, Uttar Pradesh, India |
| Hifill Infotech Private Limited | ₹27.49 Lakh (FY 2024) | •••• | •••• | 56.0% | •••• | Kolkata, West Bengal, India |
| Connectz IT Solutions Private Limited | ₹27.48 Lakh (FY 2025) | •••• | •••• | 82.0% | •••• | Thrissur, Kerala, India |
| Dukkaun Online Private Limited | ₹27.47 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Affable TS India Private Limited | ₹27.46 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Noida, Uttar Pradesh, India |
| Benvar Private Limited this company | ₹27.45 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Cloudlor Software Solutions Private Limited | ₹27.41 Lakh (FY 2024) | •••• | •••• | 92.0% | •••• | Hyderabad, Telangana, India |
| Astramind Technologies Private Limited | ₹27.4 Lakh (FY 2025) | •••• | •••• | 135.0% | •••• | Chennai, Tamil Nadu, India |
| Ruralytics India Private Limited | ₹27.39 Lakh (FY 2021) | •••• | •••• | -26.0% | •••• | Off Sarjapur Rd Bangalore, Karnataka, India |
| Clickchirp Private Limited | ₹27.36 Lakh (FY 2023) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Rasaishree Internet Private Limited | ₹27.32 Lakh (FY 2022) | •••• | •••• | 590.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Benvar by revenue 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.
Auditor Details of Benvar Private Limited
Benvar Private Limited is audited by NISHANTH AGASHE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NISHANTH AGASHE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Benvar Private Limited
Benvar has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madihalli Vishwanath Harshitha Also directs: Aiwaa Systems Private Limited, Xcellencematters Services Private Limited, Gatik Greenergy Private Limited and 1 more | Director | 20 Dec 2021 | 4 Years 9 Months | Current |
| Basavaraju Sharavana Also directs: Gatik Greenergy Private Limited, Deshkal Network Private Limited | Director | 15 Oct 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Benvar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Benvar Private Limited
Benvar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Benvar Private Limited
Benvar Private Limited has a workforce of 0 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Benvar Private Limited
Benvar Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Basavaraju Sharavana was appointed as Director on 15 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Benvar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Benvar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Benvar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Benvar Private Limited
Benvar has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCB3881H1ZA | Karnataka | Active | 17 Feb 2022 |
| 19AAKCB3881H1ZB | West Bengal | Active | 16 Feb 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Benvar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Benvar Private Limited
Benvar is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 20 December 2021 (5+ years old) and is registered under CIN U72900KA2021PTC155734.
Benvar reported revenue of ₹27.45 Lakh for FY 2024 (up 41% YoY).
Benvar has 2 current directors:
- Madihalli Vishwanath Harshitha - Director
- Basavaraju Sharavana - Director
Benvar reported a net loss of ₹46.23 Lakh (net margin -168.4%) and EBITDA of -₹46.23 Lakh (EBITDA margin -168.4%) for FY 2024, as per its filed financial statements.
The GSTIN of Benvar is 29AAKCB3881H1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAKCB3881H1ZB (West Bengal).
The CIN (Corporate Identification Number) of Benvar is U72900KA2021PTC155734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Benvar was incorporated on 20 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Benvar by revenue are Robonito Private Limited, Hifill Infotech Private Limited, Connectz IT Solutions Private Limited, Dukkaun Online Private Limited, Affable TS India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Basavaraju Sharavana was appointed as Director on 15 Oct 2022. Sundersan Thiruppathy ceased to be Additional Director on 15 Oct 2022. Sundersan Thiruppathy was appointed as Additional Director on 28 Jun 2022. Benvar has 6 board changes on record in total.
The registered office of Benvar is at No. 109 Btm 4th Stage 2nd Block 80 Feet Road, Bangalore, Karnataka, India – 560076.
Benvar has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000.