- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-06-0004036

About Varahamurti Flexirub Industries Private Limited
Data last updated:
Varahamurti Flexirub Industries Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25199DL2003PTC121855. Its GSTIN is 07AABCV7214K1Z7 (Delhi). The company holds 15 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹32.5 Cr. It is led by directors including Nitin Gupta and Mukesh Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6715/10 Istfloor Pyarelalroad Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹221.19 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.72 Cr (net margin 3.9%) and EBITDA of ₹25.49 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 20% over five years.
The company has about 323 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Organa Mattress, Varahamurti Flexirub Industries and Amore Mattress. As per MCA filings, the company has open charges of ₹58.58 Cr and satisfied charges of ₹8.95 Cr on record. Court records list 34 cases involving the company, including 30 filed by the company and 4 filed against it; 4 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹3.3 Cr; the latest was in March 2019.
Varahamurti Flexirub Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0004036). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vfigroup.org.
Company details
Recognitions & Rankings of Varahamurti Flexirub Industries
Contact details
Varahamurti Flexirub Industries Private Limited's registered office is in New Delhi, Delhi. Its website is vfigroup.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6715/10 Istfloor Pyarelalroad Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Varahamurti Flexirub Industries 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
Varahamurti Flexirub Industries operates multiple associated brands including Organa Mattress, Varahamurti Flexirub Industries, and Amore Mattress. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides organic latex mattresses, pillows, and toppers for better sleep quality. | organamattress.in | |
| Produces high-quality mattresses and accessories for hospitality and retail sectors. | vfigroup.org | |
| Mattresses are manufactured and sold online by Amore Mattress, focusing on quality sleep solutions in India. | amoremattress.com |
Business activity
The main business activity of Varahamurti Flexirub Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Varahamurti Flexirub Industries Private Limited, buy the company report.
Financials of Varahamurti Flexirub Industries Private Limited
FY 2025 filings availableVarahamurti Flexirub Industries Private Limited reported revenue of ₹221.19 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 21% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.49 Cr | ||||
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| Net Profit (PAT) | ₹8.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Varahamurti Flexirub Industries Private Limited, buy the company report.
Board of directors and KMP of Varahamurti Flexirub Industries Private Limited
Varahamurti Flexirub Industries Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Gupta Also directs: Springfit Mattress Private Limited, Durfi Retail Private Limited | Director | 30 Apr 2007 | 19 Years 6 Months | Current |
| Mukesh Gupta | Director | 20 Jan 2004 | 22 Years 9 Months | Current |
| Shivani Gautam | Company Secretary | 12 Jul 2019 | 7 Years 3 Months | Current |
| Nipun Gupta Also directs: Springfit Mattress Private Limited, Durfi Retail Private Limited | Director | 01 Apr 2018 | 8 Years 7 Months | Current |
Auditor
Varahamurti Flexirub Industries Private Limited is audited by Jindal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jindal & Co. | FY 2023 | 000844N |
Shareholding
The shareholding of Varahamurti Flexirub Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varahamurti Flexirub Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101136446 | Hdfc Bank Limited | ₹13.14 Lakh | Open | |
| 15 May 2025 | 101100043 | Others | ₹1.3 Cr | Open | |
| 13 Dec 2024 | 101025992 | Others | ₹1.6 Cr | Open | |
| 07 Mar 2024 | 100913223 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 12 Oct 2023 | 100833025 | Hdfc Bank Limited | ₹20 Cr | Open |
To see the full charge records of Varahamurti Flexirub Industries Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Varahamurti Flexirub Industries Private Limited has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹3.3 Cr; the latest was in March 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹1 Cr | Investors: Mukesh Gupta HUF, 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pushpanjali Caps Private Limited |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: Mukesh Gupta HUF, Nipun Gupta HUF, an individual Seller: Polo Leasing and Finance Private Limited , Rabik Exports Privatre Limited, Jyoti Softsules Private Limited |
| Mar 2007 | Funding round | ₹75 Lakh | Investors: Ananya Investment Private Limited, Pushpanjali Caps Private Limited , 2 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Rabik Exports Privatre Limited, Polo Leasing and Finance Private Limited , an individual Seller: Jyoti Softsules Private Limited , Ananya Investment Private Limited, an individual |
To see the full deal history of Varahamurti Flexirub Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Varahamurti Flexirub Industries Private Limited has 34 court cases on record: 30 filed by Varahamurti Flexirub Industries, 4 filed against it. 4 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 4 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed by the company against M/S Smartsters Pvt Ltd | Disposed |
| District court, Central, Delhi | Court case (Counter Claim) | Filed against the company by M/S Konarkfire Solutions Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against M/S Konark Fire Solutions Private Limited and 1 other | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against Krios Engineers Private Limited | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against M/S Green Apple Hotels and Resorts Pvt Ltd and Resorts Pvt and 1 other | Disposed |
To see the full case history of Varahamurti Flexirub Industries 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.
Credit ratings & regulatory alerts
Varahamurti Flexirub Industries Private Limited was last rated by Brickwork on 04 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 04 Mar 2022 |
To see the full credit ratings and regulatory alerts of Varahamurti Flexirub Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varahamurti Flexirub Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varahamurti Flexirub Industries Private Limited has a workforce of 323 employees on its EPFO records as of Mar 31, 2024, across 4 active EPFO establishments.
GST
Varahamurti Flexirub Industries has 15 GST registrations: 8 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV7214K1Z7 | Delhi | Active | 01 Jan 2024 |
| 05AABCV7214K1ZB | Uttarakhand | Active | 01 Jul 2017 |
| 33AABCV7214K2ZB | Tamil Nadu | Active | 01 Jul 2017 |
| 29AABCV7214K1Z1 | Karnataka | Active | 07 Dec 2019 |
To see the full GST registrations and return filing status of Varahamurti Flexirub Industries Private Limited, buy the company report.
Recent activity
Varahamurti Flexirub Industries Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Shivani Gautam was appointed as Company Secretary on 12 Jul 2019.
20 earlier events are in the company report.
News
Frequently asked questions
Varahamurti Flexirub Industries is an active private limited company based in New Delhi, Delhi, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 August 2003 (23+ years old) and is registered under CIN U25199DL2003PTC121855.
Varahamurti Flexirub Industries has 4 current directors and KMP:
- Nitin Gupta - Director
- Mukesh Gupta - Director
- Nipun Gupta - Director
- Shivani Gautam - Company Secretary
The latest financial statements of Varahamurti Flexirub Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Varahamurti Flexirub Industries is 07AABCV7214K1Z7, registered in Delhi. The company has 15 GST registrations in all, of which 8 are active and 7 are cancelled or inactive. Other active GSTINs include 05AABCV7214K1ZB (Uttarakhand), 33AABCV7214K2ZB (Tamil Nadu), 29AABCV7214K1Z1 (Karnataka).
The CIN (Corporate Identification Number) of Varahamurti Flexirub Industries is U25199DL2003PTC121855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varahamurti Flexirub Industries has 34 court cases on record: 30 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Varahamurti Flexirub Industries was incorporated on 21 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Varahamurti Flexirub Industries has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹3.3 Cr; the latest was in March 2019.
Shivani Gautam was appointed as Company Secretary on 12 Jul 2019. Nipun Gupta ceased to be Additional Director on 28 Sep 2018. Nipun Gupta was appointed as Director on 01 Apr 2018. Varahamurti Flexirub Industries has 7 board changes on record in total.
Yes, Varahamurti Flexirub Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-06-0004036).

