Varad Infratech Private Limited
About Varad Infratech Private Limited
Data last updated:
Varad Infratech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the legal process outsourcing segment of the business process outsourcing sector. It was incorporated on 12 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45400MP1999PTC013845.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.95 Lakh. It was formerly known as Subala Trading Private Limited. It is led by directors Ujjwal Bhorkar and Anil Kulkarni.
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 403 Shagun Arcad 8 Pu – 4 Scheme No. 54 Vijay Nagar, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.09 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹10,026 (net margin 0.7%) and EBITDA of ₹5.38 Lakh (EBITDA margin 35.6%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹17 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Varad Infratech has one previous CIN (Corporate Identification Number): U51101MP1999PTC013845. The current CIN is U45400MP1999PTC013845, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400MP1999PTC013845 | Current |
| U51101MP1999PTC013845 | Previous |
Contact details
Varad Infratech Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address403 Shagun Arcad 8 Pu – 4 Scheme No. 54 Vijay Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryBusiness Outsourcing, Legal Process Outsourcing, Accounting and Financial Analysis
To see the full contact details of Varad Infratech 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
Business activity
The main business activity of Varad Infratech is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Varad Infratech Private Limited, buy the company report.
Financials of Varad Infratech Private Limited
FY 2025 filings availableVarad Infratech Private Limited reported revenue of ₹15.09 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,026 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.6% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Varad Infratech Private Limited, buy the company report.
Board of directors of Varad Infratech Private Limited
Varad Infratech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujjwal Bhorkar | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Anil Kulkarni Also directs: Castle Devcon Private Limited, Nisarg Club and Resorts (India) Private Limited, USA Accounting and Software Services LLP and 5 more | Director | 01 Jul 2009 | 17 Years 3 Months | Current |
Peer comparison
Varad Infratech Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis, Legal Process Outsourcing), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sivamani Management Consultancy Private Limited | ₹15.15 Lakh (FY 2025) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| SKP E-Solutions Private Limited | ₹15.1 Lakh (FY 2018) | -37.0% | Mumbai, Maharashtra, India | |||
| Varad Infratech Private Limitedthis company | ₹15.09 Lakh (FY 2024) | ₹10,026 | 0.7% | -2.0% | Indore, Madhya Pradesh, India | |
| Shannen Consultants Private Limited | ₹15 Lakh (FY 2025) | -10.0% | Delhi, India |
To see the full peer comparison of Varad Infratech Private Limited, buy the company report.
Auditor
Varad Infratech Private Limited is audited by SUBHASH DESHPANDE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH DESHPANDE & CO | FY 2021 | 000476C |
Shareholding
The shareholding of Varad Infratech Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Varad Infratech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2023 | 100794793 | Others | ₹17 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Varad Infratech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varad Infratech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Varad Infratech has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Varad Infratech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varad Infratech Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Ravindra Govind Thalnerkar ceased to be Director on 19 Jan 2015.
Frequently asked questions
Varad Infratech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in legal process outsourcing, within the business outsourcing industry. It was incorporated on 12 November 1999 (27+ years old) and is registered under CIN U45400MP1999PTC013845.
Varad Infratech has 2 current directors:
- Ujjwal Bhorkar - Director
- Anil Kulkarni - Director
The latest financial statements of Varad Infratech 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Varad Infratech is U45400MP1999PTC013845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varad Infratech was incorporated on 12 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Varad Infratech by revenue are Sivamani Management Consultancy Private Limited, SKP E-Solutions Private Limited, Shannen Consultants Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis, Legal Process Outsourcing), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Ravindra Govind Thalnerkar ceased to be Director on 19 Jan 2015. Ujjwal Bhorkar was appointed as Director on 01 Aug 2013. Ashok Kumar Agrawal ceased to be Director on 01 Jan 2011. Varad Infratech has 5 board changes on record in total.
The registered office of Varad Infratech is at 403 Shagun Arcad 8 Pu – 4 Scheme No. 54 Vijay Nagar, Indore, Madhya Pradesh, India – 452010.
Varad Infratech operates in the business outsourcing industry, in the legal process outsourcing segment.
Varad Infratech has open charges of ₹17 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Varad Infratech is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.