About Varaha Innovation Studios and Technologies Private Limited
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Varaha Innovation Studios and Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 30 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC125896. Its GSTIN is 36AAGCV5232Q1ZR (Telangana).
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹1.06 Lakh. It is led by directors Susarla Srivani and Mohan Kuldeep Ponnada.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No.306 Maruthi Plaza Kphb Hig Kukutpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2023, the company reported a revenue of ₹33.61 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Lakh (net margin 8.1%) and EBITDA of ₹4.18 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company is associated with 1 brand: Varaha Studio.
For more details, the company can be reached via its website varaha.studio.
Company details
Contact details
Varaha Innovation Studios and Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is varaha.studio. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No.306 Maruthi Plaza Kphb Hig Kukutpally, Hyderabad, Telangana, India – 500072
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Varaha Innovation Studios and Technologies 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
Brands
Varaha Innovation Studios and Technologies operates one associated brand: Varaha Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers AI-powered mixed reality trial rooms to enhance the retail shopping experience. | varahastudio.com |
Business activity
The main business activity of Varaha Innovation Studios and Technologies is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Varaha Innovation Studios and Technologies Private Limited, buy the company report.
Financials of Varaha Innovation Studios and Technologies Private Limited
FY 2023 filings availableVaraha Innovation Studios and Technologies Private Limited reported revenue of ₹33.61 Lakh (up 150% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 150% growth in the latest year. EBITDA rose 167% 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
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| EBITDA | ₹4.18 Lakh | ||||
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| Net Profit (PAT) | ₹2.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Varaha Innovation Studios and Technologies Private Limited, buy the company report.
Board of directors of Varaha Innovation Studios and Technologies Private Limited
Varaha Innovation Studios and Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susarla Srivani Also directs: Bhaviya Silks LLP | Director | 30 Jul 2018 | 8 Years 3 Months | Current |
| Mohan Kuldeep Ponnada Also directs: Chand Innovation Labs LLP, Aarkay Spatial Computing LLP, Greencircuit Innovations LLP and 1 more | Director | 30 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Varaha Innovation Studios and Technologies Private Limited is audited by K K REDDY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K REDDY & ASSOCIATES | FY 2020 | 017007S |
Shareholding
The shareholding of Varaha Innovation Studios and Technologies Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Varaha Innovation Studios and Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varaha Innovation Studios and Technologies 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 Varaha Innovation Studios and Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varaha Innovation Studios and Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCV5232Q1ZR | Telangana | Active | 25 Sep 2018 |
To see the full GST registrations and return filing status of Varaha Innovation Studios and Technologies Private Limited, buy the company report.
Recent activity
Varaha Innovation Studios and Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohan Kuldeep Ponnada was appointed as Director on 30 Jul 2018.
Frequently asked questions
Varaha Innovation Studios and Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 30 July 2018 (8+ years old) and is registered under CIN U74999TG2018PTC125896.
Varaha Innovation Studios and Technologies has 2 current directors:
- Susarla Srivani - Director
- Mohan Kuldeep Ponnada - Director
The latest financial statements of Varaha Innovation Studios and Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Varaha Innovation Studios and Technologies is 36AAGCV5232Q1ZR, registered in Telangana.
The CIN (Corporate Identification Number) of Varaha Innovation Studios and Technologies is U74999TG2018PTC125896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varaha Innovation Studios and Technologies was incorporated on 30 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Mohan Kuldeep Ponnada was appointed as Director on 30 Jul 2018. Susarla Srivani was appointed as Director on 30 Jul 2018.
Varaha Innovation Studios and Technologies can be reached through the website varaha.studio. Its registered office is in Hyderabad, Telangana, India.
The registered office of Varaha Innovation Studios and Technologies is at Flat No.306 Maruthi Plaza Kphb Hig Kukutpally, Hyderabad, Telangana, India – 500072.
Varaha Innovation Studios and Technologies operates in the information technology industry, in the software development and support services segment.
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