Varadhasta IT Solutions Private Limited
About Varadhasta IT Solutions Private Limited
Data last updated:
Varadhasta IT Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 05 August 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013PTC148372.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mayuri Manoj Bapat and Prasanna Pradeep Ogale.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at A – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2016, the company reported a revenue of ₹69,040, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45,280 (net margin 65.6%) and EBITDA of ₹60,060 (EBITDA margin 87%).
Company details
Contact details
Varadhasta IT Solutions Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressA – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033
- IndustryService, Information Technology Services
- 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 Varadhasta IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Varadhasta IT Solutions Private Limited, buy the company report.
Financials of Varadhasta IT Solutions Private Limited
FY 2016 filings availableVaradhasta IT Solutions Private Limited reported revenue of ₹69,040 (up 439% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 439% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹60,060 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹45,280 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 87% | |
| Net Profit Margin | 65.6% | |
| 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 Varadhasta IT Solutions Private Limited, buy the company report.
Board of directors of Varadhasta IT Solutions Private Limited
Varadhasta IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuri Manoj Bapat | Director | 05 Aug 2013 | 13 Years 2 Months | As last reported |
| Prasanna Pradeep Ogale | Director | 05 Aug 2013 | 13 Years 2 Months | As last reported |
Peer comparison
Varadhasta IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lepidus Enterprises Private Limited | ₹69,264 (FY 2024) | -75.0% | Bangalore, Karnataka, India | |||
| Thybolt Technologies Private Limited | ₹69,200 (FY 2023) | Hyderabad, Telangana, India | ||||
| Ayata Tech Labs Private Limited | ₹69,180 (FY 2022) | -82.0% | Delhi, India | |||
| Nimal Maula Industries Private Limited | ₹69,112 (FY 2023) | Hyderabad, Telangana, India | ||||
| Planet 41 Mobi-Venture Limited | ₹69,049 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Varadhasta IT Solutions Private Limitedthis company | ₹69,040 (FY 2016) | ₹45,280 | 65.6% | 439.0% | Pune, Maharashtra, India | |
| Integrated Project Management Group Private Limited | ₹69,020 (FY 2025) | 145.0% | New Delhi, Delhi, India | |||
| Voxit Media Tech Private Limited | ₹69,000 (FY 2025) | 590.0% | Chennai, Tamil Nadu, India | |||
| Bigome Technologies Private Limited | ₹69,000 (FY 2025) | 226.0% | Chikkabidarakallu, Karnataka, India | |||
| Precission Solutions and Services Private Limited | ₹68,872 (FY 2016) | -69.0% | Kochi, Kerala, India | |||
| Playing Colours Visual Media Private Limited | ₹68,710 (FY 2017) | -19.0% | Palarivattom Bypass, Kerala, India |
To see the full peer comparison of Varadhasta IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varadhasta IT Solutions 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 Varadhasta IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varadhasta IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varadhasta IT Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mayuri Manoj Bapat was appointed as Director on 05 Aug 2013.
Frequently asked questions
Varadhasta IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Varadhasta IT Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in information technology services, within the service industry. It was incorporated on 05 August 2013 and is registered under CIN U72900PN2013PTC148372. The company has been struck off by the Registrar of Companies and is no longer operational.
Varadhasta IT Solutions had 2 directors:
- Mayuri Manoj Bapat - Director
- Prasanna Pradeep Ogale - Director
The CIN (Corporate Identification Number) of Varadhasta IT Solutions is U72900PN2013PTC148372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Varadhasta IT Solutions is at A – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033.
Varadhasta IT Solutions was incorporated on 05 August 2013. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Varadhasta IT Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Varadhasta IT Solutions operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Varadhasta IT Solutions by revenue are Lepidus Enterprises Private Limited, Thybolt Technologies Private Limited, Ayata Tech Labs Private Limited, Nimal Maula Industries Private Limited, Planet 41 Mobi-Venture Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Mayuri Manoj Bapat was appointed as Director on 05 Aug 2013. Prasanna Pradeep Ogale was appointed as Director on 05 Aug 2013.
Varadhasta IT Solutions can be reached at its registered office: A – 15 Premsagar Near Pcmc Auditorium Station Road Chinchwadgaon, Pune, Maharashtra, India – 411033.