About Varad Shelters Private Limited
Data last updated:
Varad Shelters 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 31 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2012PTC144580. Its GSTIN is 27AAECV3149C2ZG (Maharashtra). The company holds 2 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 including Shinde Nitin Shankarrao and Alkavati Prakash Pansare.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 33/147 Apte Colony Hingne – Kh – Vitthalwadi, Pune, Maharashtra, India – 411051.
As per the financials filed for FY 2021, the company reported a revenue of ₹21.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.31 Lakh (net margin 10.9%) and EBITDA of ₹1.34 Cr. Revenue has grown at a compounded annual rate (CAGR) of 341% over three years and 136% over five years.
As per MCA filings, the company has open charges of ₹12.98 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varadshelters.com.
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- Website
- Social MediaLocked
- Registered Address33/147 Apte Colony Hingne – Kh – Vitthalwadi, Pune, Maharashtra, India – 411051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Varad Shelters Private Limited
The main business activity of Varad Shelters is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Varad Shelters Private Limited FY 2021 filings available
Varad Shelters Private Limited reported revenue of ₹21.21 Lakh (up 9423% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Varad Shelters Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 136% over five years. EBITDA rose 53% 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 Varad Shelters Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.31 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 Varad Shelters Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| 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 Varad Shelters are in the company report.
Financial statements from 2015
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.
Board of Directors of Varad Shelters Private Limited
Varad Shelters has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shinde Nitin Shankarrao Also directs: Varad Infracon LLP, Varad Buildcon Private Limited | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
| Alkavati Prakash Pansare | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Swapnil Madhukar Dhayade Also directs: Varad Infracon LLP, Urbannest Promoters and Developers LLP, Varad Buildcon Private Limited and 1 more | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
| Mangesh Balkrishna Deokar | Director | 06 Dec 2017 | 8 Years 10 Months | Current |
| Prakash Pansare Marutrao Also directs: Varad Buildcon Private Limited | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
Peer Comparison of Varad Shelters Private Limited
Varad Shelters Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samarth Kripa Multitrade Private Limited | ₹21.21 Lakh (FY 2025) | •••• | •••• | 281.0% | •••• | Mumbai, Maharashtra, India |
| Leaflet Plantations Private Limited | ₹21.21 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Asra Buildtech Private Limited | ₹21.21 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
| Marri Infrastructure Private Limited | ₹21.21 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Secunderabad, Telangana, India |
| Amrit Vyapaar Private Limited | ₹21.21 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Siliguri, West Bengal, India |
| Varad Shelters Private Limited this company | ₹21.21 Lakh (FY 2021) | •••• | •••• | 9423.0% | •••• | Pune, Maharashtra, India |
| Lilamani Developers Private Limited | ₹21.2 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Ahmedabad, Gujarat, India |
| GMS Exports Private Limited | ₹21.2 Lakh (FY 2024) | •••• | •••• | 86.0% | •••• | New Delhi, Delhi, India |
| A2z Realty Services Private Limited | ₹21.2 Lakh (FY 2024) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| J.S.Buildcon Private Limited | ₹21.2 Lakh (FY 2019) | •••• | •••• | 39.0% | •••• | Delhi, India |
| Nfic Homes Private Limited | ₹21.19 Lakh (FY 2025) | •••• | •••• | 748.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Varad Shelters by revenue in the Real Estate industry (Builders and Developers), 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 Varad Shelters Private Limited
Varad Shelters Private Limited is audited by DHARMESH M BAGTHARIA & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHARMESH M BAGTHARIA & CO | 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.
Ownership and Shareholding of Varad Shelters 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 Varad Shelters Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2020 | State Bank of India | ₹1.48 Cr | Open |
| 30 Mar 2019 | State Bank of India | ₹10 Cr | Open |
| 30 Mar 2015 | The Cosmos Co-Operative Bank Ltd. (Warje Br) | ₹1.5 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Varad Shelters Private Limited
Varad Shelters Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by State Bank of India | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Varad Shelters Private Limited
Employment history and EPFO contributions of people linked to Varad Shelters.
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 Varad Shelters Private Limited
Varad Shelters Private Limited has 7 board changes on record since 2012: 5 appointments and 2 cessations. The latest: Mangesh Balkrishna Deokar ceased to be Additional Director on 30 Sep 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varad Shelters 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 Varad Shelters 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 Varad Shelters 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 Varad Shelters Private Limited
Varad Shelters has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV3149C2ZG | Maharashtra | Active | 05 Mar 2018 |
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 Varad Shelters 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 Varad Shelters Private Limited
Varad Shelters 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 31 August 2012 (14+ years old) and is registered under CIN U45200PN2012PTC144580.
Varad Shelters reported revenue of ₹21.21 Lakh for FY 2021 (up 9423% YoY).
Varad Shelters has 5 current directors:
- Shinde Nitin Shankarrao - Director
- Alkavati Prakash Pansare - Director
- Swapnil Madhukar Dhayade - Director
- Mangesh Balkrishna Deokar - Director
- Prakash Pansare Marutrao - Director
Varad Shelters reported a net profit of ₹2.31 Lakh (net margin 10.9%) and EBITDA of ₹1.34 Cr for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varad Shelters is 341% over three years and 136% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varad Shelters is 27AAECV3149C2ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Varad Shelters is U45200PN2012PTC144580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varad Shelters has 1 court case on record: 1 filed against it.
Varad Shelters was incorporated on 31 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Varad Shelters by revenue are Samarth Kripa Multitrade Private Limited, Leaflet Plantations Private Limited, Asra Buildtech Private Limited, Marri Infrastructure Private Limited, Amrit Vyapaar Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Mangesh Balkrishna Deokar ceased to be Additional Director on 30 Sep 2018. Mangesh Balkrishna Deokar was appointed as Director on 06 Dec 2017. Alkavati Prakash Pansare ceased to be Additional Director on 30 Sep 2015. Varad Shelters has 7 board changes on record in total.