MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-26-0214960
Varad Property Solutions Private Limited - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹8.68 Cr
Latest filing
Net profit · FY 2022
₹1.86 Cr
Net margin 21.4%
EBITDA · FY 2022
₹2 Cr
EBITDA margin 23%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹89.5 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
111
Provident fund records
About Varad Property Solutions Private Limited
Data last updated:
Varad Property Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70200PN2019PTC186148. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Vijay Kunte and Aparna Mahesh Kunte.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Office No. 33 Yugay Mangal Commercial Complex Erandwana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.68 Cr. For the same year it recorded a net profit of ₹1.86 Cr (net margin 21.4%) and EBITDA of ₹2 Cr (EBITDA margin 23%).
The company has about 111 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varad Property Solutions. As per MCA filings, the company has open charges of ₹89.5 Lakh on record. Court records list 16 cases involving the company, including 16 filed against it; 13 cases are pending.
Varad Property Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0214960). For more details, the company can be reached via its website varadpropertysolutions.com.
Company details
CIN U70200PN2019PTC186148
Registration Number 186148
Incorporation Date 19 August 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Small
Udyam Registration UDYAM-MH-26-0214960
Recognitions & Rankings of Varad Property Solutions
Contact details
Varad Property Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is varadpropertysolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 33 Yugay Mangal Commercial Complex Erandwana, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Varad Property Solutions Private Limited, buy the company report.
Comprehensive company report
Varad Property Solutions 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
Brands
Varad Property Solutions operates one associated brand: Varad Property Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for listing residential and commercial properties. | varadprop.com |
Business activity
The main business activity of Varad Property Solutions 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 Varad Property Solutions Private Limited, buy the company report.
Financials of Varad Property Solutions Private Limited
FY 2022 filings availableVarad Property Solutions Private Limited reported revenue of ₹8.68 Cr for FY 2022.
Revenue · FY 2022
₹8.68 Cr
Net profit · FY 2022
₹1.86 Cr margin 21.4%
EBITDA · FY 2022
₹2 Cr margin 23%
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹8.68 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.86 Cr | ||
| 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 23% | ||
| Net Profit Margin | 21.4% | ||
| 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 | |||
To see the full financial statements and ratios of Varad Property Solutions Private Limited, buy the company report.
Board of directors of Varad Property Solutions Private Limited
Varad Property Solutions 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 |
|---|---|---|---|---|
| Mahesh Vijay Kunte | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Aparna Mahesh Kunte Also directs: Varad Land Deals LLP | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Varad Property Solutions Private Limited is audited by A. A. Modak & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. A. Modak & Associates | FY 2022 | 135187W |
Shareholding
The shareholding of Varad Property Solutions Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varad Property Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹89.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2023 | 100723795 | Hdfc Bank Limited | ₹89.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Varad Property Solutions Private Limited has 16 court cases on record: 16 filed against it. 13 cases are pending and 3 are disposed.
Total cases
16
Filed against the company
16
Pending
13
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 13 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Kotak Mahindra Prime Ltd Through Manish Ovhal | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd Through Amarjit B Pandekar | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Varad Property Solutions 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
No delayed payments to MSME suppliers are on our record for Varad Property Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varad Property Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Varad Property Solutions Private Limited, buy the company report.
Recent activity
Varad Property Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Varad Mahesh Kunte ceased to be Additional Director on 15 Apr 2024.
Ceased
Varad Mahesh Kunte ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 89.50 Lakh with Charge ID 100723795 was registered on 25 Mar 2023.
AGM
Varad Property Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Varad Property Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Appointed
Aparna Mahesh Kunte was appointed as Director.
Appointed
Mahesh Vijay Kunte was appointed as Director.
Incorporation
19 Aug 2019
Varad Property Solutions Private Limited was registered on 19 Aug 2019 with Roc Pune & aged 7 years 2 months as per MCA records.
Frequently asked questions
Varad Property Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 August 2019 (7+ years old) and is registered under CIN U70200PN2019PTC186148.
Varad Property Solutions has 2 current directors:
- Mahesh Vijay Kunte - Director
- Aparna Mahesh Kunte - Director
The latest financial statements of Varad Property Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
No. Varad Property Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Varad Property Solutions is U70200PN2019PTC186148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varad Property Solutions has 16 court cases on record: 16 filed against it. 13 are pending.
Varad Property Solutions was incorporated on 19 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Varad Mahesh Kunte ceased to be Additional Director on 15 Apr 2024. Aparna Mahesh Kunte was appointed as Director on 19 Aug 2019. Mahesh Vijay Kunte was appointed as Director on 19 Aug 2019.
Yes, Varad Property Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0214960).
Varad Property Solutions can be reached through the website varadpropertysolutions.com. Its registered office is in Pune, Maharashtra, India.