MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0177142
Var Built Space Services Private Limited - business services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.43 Cr
▲ 20% YoY
Net profit · FY 2025
₹2.04 Cr
Net margin 4.1%
EBITDA · FY 2025
₹2.94 Cr
EBITDA margin 5.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
933
Provident fund records
Directors on board
2
As per MCA filings
About Var Built Space Services Private Limited
Data last updated:
Var Built Space Services Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Var Facility Management Solutions Private Limited. It operates in the facility management segment of the business services sector. It was incorporated on 30 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2021PTC155059. Its GSTIN is 29AAICV4299F1ZQ (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 Lakh. It is led by directors Sanjay Dugar and Padmanabha Adiga.
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 Grace Towers #70 Millers Road Vasanth Nagar, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.43 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Cr (net margin 4.1%) and EBITDA of ₹2.94 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 197% over three years.
The company has about 933 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
Var Built Space Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0177142). For more details, the company can be reached via its website varfms.com.
Company details
CIN U70109KA2021PTC155059
Registration Number 155059
Incorporation Date 30 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Var Facility Management Solutions Private Limited
MSME Classification Small
Udyam Registration UDYAM-KR-03-0177142
Key People
Sanjay Dugar Director Padmanabha Adiga Director Recognitions & Rankings of Var Built Space Services
Contact details
Var Built Space Services Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressGrace Towers #70 Millers Road Vasanth Nagar, Bengaluru, Karnataka, India – 560001
- IndustryBusiness Services, Facility Management
To see the full contact details of Var Built Space Services Private Limited, buy the company report.
Comprehensive company report
Var Built Space Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Var Built Space Services is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Var Built Space Services Private Limited, buy the company report.
Financials of Var Built Space Services Private Limited
FY 2025 filings availableVar Built Space Services Private Limited reported revenue of ₹50.43 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹50.43 Cr ▲ 20%
Net profit · FY 2025
₹2.04 Cr margin 4.1%
EBITDA · FY 2025
₹2.94 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 197%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 104%
Revenue has grown at a compounded annual rate (CAGR) of 197% over three years, including 20% growth in the latest year. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹2.94 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.04 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.8% | |||
| Net Profit Margin | 4.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Var Built Space Services Private Limited, buy the company report.
Board of directors of Var Built Space Services Private Limited
Var Built Space Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Dugar Also directs: Var Energy & Infra Private Limited, Klen Distributors Private Limited, Zongovita Tech Private Limited and 2 more | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Padmanabha Adiga | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Auditor
Var Built Space Services Private Limited is audited by Singhvi Dev & Unni LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi Dev & Unni LLP | FY 2022 | S200358 |
Shareholding
The shareholding of Var Built Space Services Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Var Built Space Services Private Limited, buy the company report.
Legal cases
Var Built Space Services Private Limited has 1 court case on record: 1 filed by Var Built Space Services. 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 |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The HDFC Bank Ltd. and 3 others | Disposed |
To see the full case history of Var Built Space Services 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
Var Built Space Services Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Var Facility Management Solutions Private Limited | |||
| Genex Utility Management Private Limited |
To see the full MSME payment records of Var Built Space Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Var Built Space Services Private Limited has a workforce of 933 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
933
Active EPFO establishments
1
Employee growth
31.04%
GST
Var Built Space Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICV4299F1ZQ | Karnataka | Active | 19 Dec 2021 |
| 36AAICV4299F1ZV | Telangana | Active | 26 Feb 2022 |
To see the full GST registrations and return filing status of Var Built Space Services Private Limited, buy the company report.
Recent activity
Var Built Space Services Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Aagam Vedant Dugar ceased to be Director on 04 Jul 2025.
AGM
Var Built Space Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Aagam Vedant Dugar ceased to be Director.
Filing
Var Built Space Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Aagam Vedant Dugar was appointed as Director.
Appointed
Padmanabha Adiga was appointed as Director.
Appointed
Sanjay Dugar was appointed as Director.
Incorporation
30 Nov 2021
Var Built Space Services Private Limited was registered on 30 Nov 2021 with Roc Bangalore & aged 4 years 10 months as per MCA records.
Frequently asked questions
Var Built Space Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in facility management, within the business services industry. It was incorporated on 30 November 2021 (5+ years old) and is registered under CIN U70109KA2021PTC155059.
Var Built Space Services has 2 current directors:
- Sanjay Dugar - Director
- Padmanabha Adiga - Director
The latest financial statements of Var Built Space Services 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 2022 are in the company report.
The GSTIN of Var Built Space Services is 29AAICV4299F1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAICV4299F1ZV (Telangana).
The CIN (Corporate Identification Number) of Var Built Space Services is U70109KA2021PTC155059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Var Built Space Services has 1 court case on record: 1 filed by the company.
Var Built Space Services was incorporated on 30 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Aagam Vedant Dugar ceased to be Director on 04 Jul 2025. Aagam Vedant Dugar was appointed as Director on 30 Nov 2021. Padmanabha Adiga was appointed as Director on 30 Nov 2021. Var Built Space Services has 4 board changes on record in total.
Yes, Var Built Space Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0177142).
Var Built Space Services has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Nov 2023.
Var Built Space Services can be reached through the website varfms.com. Its registered office is in Bengaluru, Karnataka, India.