Var Electrochem Private Limited

Var Electrochem Private Limited - energy and power in Hyderabad, Telangana, India. FY 2026 financials and compliance.
CIN U31402TG1997PTC028377 Incorporated 19 November 1997 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company energy and power
Data last updated
Revenue · FY 2023
₹58.42 Cr
▼ 13.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹17.63 Lakh
Issued & subscribed
Open charges
₹18.5 Cr
Satisfied ₹3.28 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
84
Latest available

About Var Electrochem Private Limited

Data last updated: 09 February 2026

Var Electrochem Private Limited is a private limited company based in Hyderabad, Telangana, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 19 November 1997, the company has been in operation for over 29 years.

Registered with ROC Hyderabad under CIN U31402AP1997PTC028377.

Capital: an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.63 Lakh. It is led by directors including Michel Hainaut and Bruno Tardiveau.

Last AGM: 30 June 2025. Financial statements filed for year ended 31 December 2024. Office: 201/3 Phase – Ii Sector – Iii Lane – V Ida Cherlapally, Hyderabad, Telangana, India – 500051.

As per the financials filed for FY 2023, the company reported a revenue of ₹58.42 Cr, a decline of 13% compared to the previous year.

The company has a workforce of approximately 84 employees as per the latest available data.

The company is associated with 1 brand - Var Electrochem. As per MCA filings, the company has open charges of ₹18.5 Cr and satisfied charges of ₹3.28 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varelectrochem.in.

Company Details of Var Electrochem Private Limited
CIN U31402TG1997PTC028377
Registration Number 028377
Incorporation Date 19 November 1997
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 December 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    201/3 Phase – Ii Sector – Iii Lane – V Ida Cherlapally, Hyderabad, Telangana, India – 500051
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Var Electrochem Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Var Electrochem Private Limited

Var Electrochem Private Limited has one previous CIN (Corporate Identification Number): U31402AP1997PTC028377. The current CIN is U31402TG1997PTC028377, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U31402TG1997PTC028377 Current
U31402AP1997PTC028377 Previous

Associated Brands with Var Electrochem Private Limited

Var Electrochem Private Limited operates one associated brand: VAR Electrochem. These brands represent Var Electrochem Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides technology solutions for battery systems. varelectrochem.in

Competitors & Alternatives of Var Electrochem Private Limited

Brands and companies operating in the same space as Var Electrochem Private Limited include SunPower, 24m Technologies, Enovix and 6 more.

Competitor Description Location Founded
SunPower SunPower Silicon-based solar PV modules are manufactured for diverse applications. San Jose, United States, United States 1985
24m Technologies 24m Technologies Semi-solid lithium-ion batteries are developed to address manufacturing issues. Cambridge, United States, United States 2010
Enovix Enovix Lithium-ion battery cells are developed with 3D silicon anode technology. Fremont, United States, United States 2006
Farasis Energy Farasis Energy Farasis Energy is engaged in sustainable energy solutions development. Nanchang, China, China 2002
Solid Power Solid Power Solid-state lithium-ion batteries are developed with solid electrolyte layers. Louisville, United States, United States 2011
Sunwoda Electronic Sunwoda Electronic Manufacturer of lithium battery modules Shenzhen, China, China 1997
Amprius Technologies Amprius Technologies Silicon nanowire-based Li-Ion batteries are developed for high energy density. Fremont, United States, United States 2009
Electrovaya Electrovaya Lithium-ion batteries and management systems are manufactured for key industries. Mississauga, Canada, Canada 1997
Britishvolt Britishvolt Lithium-ion batteries for electric vehicles are manufactured by Britishvolt. London, United Kingdom, United Kingdom 2019

Board of Directors of Var Electrochem Private Limited

Var Electrochem Private Limited is currently managed by 4 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Michel Hainaut Director 17 May 2017 9 Years 3 Months Current
Bruno Tardiveau Director 17 May 2017 9 Years 3 Months Current
Raghuvarma Kothapally Whole-Time Director 30 Nov 1997 28 Years 8 Months Current
Anne Louise Sennet Director 23 Dec 2020 5 Years 7 Months Current

Financials of Var Electrochem Private Limited FY 2024 filings available

Var Electrochem Private Limited reported revenue of ₹58.42 Cr (down 13.00% YoY) for FY 2023.

Revenue · FY 2023
₹58.42 Cr ▼ 13.00%
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Ten-year financial statements for Var Electrochem Private Limited

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Charges & Borrowings of Var Electrochem Private Limited

Open charges
₹18.5 Cr
Satisfied charges
₹3.28 Cr
Breakdown by lending institutions
State Bank of India₹18.50 Cr
Latest charge details
DateLenderAmountStatus
18 Jan 2025 State Bank of India ₹18.5 Cr Open
20 Jun 2014 Others ₹2.16 Cr Satisfied
14 Dec 1998 State Bank of Kyderabad ₹1.12 Cr Satisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Var Electrochem Private Limited

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Employee and EPFO history for Var Electrochem Private Limited

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GST Compliance of Var Electrochem Private Limited

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GST registrations and filing compliance for Var Electrochem Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Var Electrochem Private Limited

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Credit ratings, litigation, and regulatory alerts for Var Electrochem Private Limited

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MSME Payment Delays by Var Electrochem Private Limited

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MSME payment history for Var Electrochem Private Limited

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Subsidiaries & Group Companies of Var Electrochem Private Limited

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Corporate group structure for Var Electrochem Private Limited

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MCA Filings & Documents of Var Electrochem Private Limited

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MCA filings and documents for Var Electrochem Private Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

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  • Annual returns and statements
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Recent Activity on Var Electrochem Private Limited

Activity
30 Jun 2025
Var Electrochem Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Charges
18 Jan 2025
A charge with State Bank Of India amounted to Rs. 1,850.00 Lakh with Charge ID 101046337 was registered on 18 Jan 2025.
Activity
31 Dec 2024
Var Electrochem Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Hyderabad.
Directors
23 Dec 2020
Anne Louise Sennet was appointed as a Director on 23 Dec 2020 & has been associated with this company since 5 years 7 months.
Charges
10 Oct 2018
A charge registered on 20 Jun 2014 via Charge ID 10508709 with Others was fully satisfied on 10 Oct 2018.
Directors
17 May 2017
Michel Hainaut was appointed as a Director on 17 May 2017 & has been associated with this company since 9 years 3 months.

Frequently Asked Questions about Var Electrochem Private Limited

Var Electrochem Private Limited is an active private limited company in the energy and power sector based in Hyderabad, Telangana, India. It was incorporated on 19 November 1997 (29+ years old) and is registered under CIN U31402TG1997PTC028377. The company has 84 employees.

Var Electrochem Private Limited reported revenue of ₹58.42 Cr for FY 2023 (down 13.00% YoY).

The current directors of Var Electrochem Private Limited are:

The primary industry of Var Electrochem Private Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.

Var Electrochem Private Limited can be reached at the registered office: 2013 Phase – Ii Sector – Iii Lane – V Ida Cherlapally, Hyderabad, Telangana, India – 500051, or through the website varelectrochem.in.

The authorised capital is ₹20 Lakh, and the paid-up capital is ₹17.63 Lakh.

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