Varada Innovations Private Limited

Provides corporate gifting, loyalty and rewards fulfillment, and brand promotions for businesses and stakeholders.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated:

Varada Innovations Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.85 Cr
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.85 Cr
  • Revenue Growth 18.27%
  • Profit Growth 249.78%
  • Ebitda 7.71%
  • Net Worth 11.00%
  • Total Assets 35.14%

About Varada Innovations

Varada Innovations Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 2018 (Six years and 11 months 13 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Media And Publishing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.85 Cr.

The company currently has active open charges totaling ₹1.85 Cr.

Praveen Kumar and Aabha Kumari serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52609KA2018PTC114475

  • Company No.

    114475

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2018

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Media and Publishing
Company report

Varada Innovations Private Limited

Explore comprehensive data for Varada Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Varada Innovations?

Board Members (2)

NameDesignationAppointment DateStatus
Praveen Kumar Country flag representing In Director 03-Jul-2018Current
Aabha Kumari Country flag representing In Alternate Director 13-Oct-2021Current

Financial Performance of Varada Innovations.

Varada Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.27% increase. The company also saw a substantial improvement in profitability, with a 249.78% increase in profit. The company's net worth Soared by an impressive increase of 11%.

Varada Innovations revenue growth over time
Varada Innovations profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.27%
Revenue from Operations
17.12%
Total Assets
35.14%
Profit or Loss
249.78%
Net Worth
11.00%
EBITDA
7.71%

What is the Ownership and Shareholding Structure of Varada Innovations?

Unlock access to Varada Innovations's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.85 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2022Axis Bank Limited₹1.85 CrOpen

How Many Employees Work at Varada Innovations?

Varada Innovations has a workforce of 34 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Varada Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varada Innovations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Varada Innovations's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Varada Innovations

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 1.85 Cr registered on 19 Apr 2022 with Charge ID 100563285 was modified on 31 Oct 2023.

  • Annual General Meeting

    Varada Innovations Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Varada Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100563285 was registered on 19 Apr 2022.

  • Director Appointment

    Aabha Kumari was appointed as a Alternate Director was appointed as a Alternate Director on 13 Oct 2021 & has been associated with this company since 3 years 8 months .

  • Director Appointment

    Praveen Gupta Kumar was appointed as a Director was appointed as a Director on 03 Jul 2018 & has been associated with this company since 6 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Varada Innovations Private Limited?

    Varada Innovations Private Limited was incorporated on 03 Jul 2018.

  • What is authorized share capital and paid-up capital of Varada Innovations Private Limited?

    The authorized share capital of Varada Innovations Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.85 Cr.

  • Who are the current board members & directors of Varada Innovations Private Limited?

    Currently 2 directors are associated with Varada Innovations Private Limited.

    • Praveen Gupta Kumar
    • Aabha Kumari

  • What is the registered address of Varada Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varada Innovations Private Limited is No.225 2Nd Floor Peenya Iv Phase Industrial Area, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Varada Innovations Private Limited?

    The corporate identification number (CIN) of Varada Innovations Private Limited is U52609KA2018PTC114475 and the company number is 114475 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varada Innovations Private Limited?

    The Official website of Varada Innovations Private Limited is https://www.varada.ooo

  • What has been the recent revenue trend for Varada Innovations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varada Innovations Private Limited has risen by 18.27%.

  • How many employees does Varada Innovations Private Limited currently have?

    As Per 2023 financial reports, 34 employees are currently employed by Varada Innovations Private Limited.

  • What change has been observed in the net worth of Varada Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varada Innovations Private Limited has experienced an upsurge of 11.00%.

  • What are the total open charges for Varada Innovations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varada Innovations Private Limited amount to ₹ 1.85 Cr.

  • When was the last Balance Sheet of Varada Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Varada Innovations Private Limited was filed with the ROC on 31 Mar 2023.

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