About Var Technologies Private Limited
Data last updated:
Var Technologies Private Limited is a private limited company based in Chandigarh, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 26 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH2015PTC035790. Its GSTIN is 04AAFCV3065J1ZA (Chandigarh). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neha Bansal and Vikas Bansal.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No. 124/2 Sector 15 – A, Chandigarh, India – 160015.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.38 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Lakh (net margin 3.1%) and EBITDA of ₹7.11 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 265% over three years and 157% over five years.
The company is associated with 1 brand: Vars Technologies. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varstechnologies.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHouse No. 124/2 Sector 15 – A, Chandigarh, India – 160015
- IndustryConsumer Goods, Footwear Manufacturing
- 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 Var Technologies Private Limited
The main business activity of Var Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Var Technologies Private Limited FY 2023 filings available
Var Technologies Private Limited reported revenue of ₹1.38 Cr (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Var Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 157% over five years, including 2% growth in the latest year. EBITDA rose 458% 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 of Var Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.32 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 Var Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Var Technologies are in the company report.
Financial statements from FY 2016
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 Var Technologies Private Limited
Var Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| La Mere Shoes Private Limited | ₹1.42 Cr (FY 2017) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Rus Exim Private Limited | ₹1.41 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Delhi, India |
| Uam Footwear Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Delhi, India |
| Aarvin Enterprises Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | 62754.0% | •••• | Delhi, India |
| Carlton Overseas Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | -97.0% | •••• | Gurgaon, Haryana, India |
| Var Technologies Private Limited this company | ₹1.38 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Chandigarh, India |
| Kaushik Leathers Private Limited | ₹1.38 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Walajapet, Tamil Nadu, India |
| Samara International Private Limited | ₹1.36 Cr (FY 2020) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Bake Bihari Shoe Trading Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Indore, Madhya Pradesh, India |
| Young Star Footwear Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Ayush Polymers Pvt Ltd | ₹1.32 Cr (FY 2024) | •••• | •••• | -71.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Var Technologies by revenue in the Consumer Products industry (Footwear Manufacturers), 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 Var Technologies Private Limited
Var Technologies Private Limited is audited by MITTAL GOEL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MITTAL GOEL & ASSOCIATES | 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 Var Technologies Private Limited
Var Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Bansal Also directs: Achyutam Ventures Private Limited | Additional Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Vikas Bansal | Additional Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Ownership and Shareholding of Var Technologies 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 Var Technologies Private Limited
Var Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Var Technologies Private Limited
Var Technologies Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 23 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed against the company by PSB Industries (India) Pvt Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by State Bank of India | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Var Technologies Private Limited
Var Technologies operates one associated brand: Vars Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud consulting services to businesses and organizations. | varstechnologies.com |
Employees and EPFO Compliance at Var Technologies Private Limited
Employment history and EPFO contributions of people linked to Var Technologies.
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 Var Technologies Private Limited
Var Technologies Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Abhimanyu Dass ceased to be Director on 10 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Var Technologies 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 Var Technologies 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 Var Technologies 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 Var Technologies Private Limited
Var Technologies has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAFCV3065J1ZA | Chandigarh | Active | 15 Jul 2017 |
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 Var Technologies 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 Var Technologies Private Limited
Var Technologies is an active private limited company based in Chandigarh, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 26 October 2015 (11+ years old) and is registered under CIN U72200CH2015PTC035790.
Var Technologies reported revenue of ₹1.38 Cr for FY 2023 (up 2% YoY).
Var Technologies has 2 current directors:
- Neha Bansal - Additional Director
- Vikas Bansal - Additional Director
Var Technologies reported a net profit of ₹4.32 Lakh (net margin 3.1%) and EBITDA of ₹7.11 Lakh (EBITDA margin 5.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Var Technologies is 265% over three years and 157% over five years. In the latest year (FY 2023) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Var Technologies is 04AAFCV3065J1ZA, registered in Chandigarh. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Var Technologies is U72200CH2015PTC035790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Var Technologies has 3 court cases on record: 3 filed against it. 2 are pending.
Var Technologies was incorporated on 26 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Var Technologies by revenue are La Mere Shoes Private Limited, Rus Exim Private Limited, Uam Footwear Private Limited, Aarvin Enterprises Private Limited, Carlton Overseas Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Abhimanyu Dass ceased to be Director on 10 Feb 2024. Neha Bansal was appointed as Additional Director on 01 Feb 2024. Vikas Bansal was appointed as Additional Director on 01 Feb 2024. Var Technologies has 6 board changes on record in total.