About Varakas Global Trade Private Limited
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Varakas Global Trade Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2012PTC065580. Its GSTIN is 29AAECV1669F1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkatesh Gopalan and Santhanalakshmi Venkatesh.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.12 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹15,889 (net margin 2.2%) and EBITDA of ₹15,889 (EBITDA margin 2.2%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varakasglobal.com.
Company details
CIN history
Varakas Global Trade has one previous CIN (Corporate Identification Number): U51109KA2012PTC065580. The current CIN is U74110KA2012PTC065580, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2012PTC065580 | Current |
| U51109KA2012PTC065580 | Previous |
Contact details
Varakas Global Trade Private Limited's registered office is in Bangalore, Karnataka. Its website is varakasglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address38 2nd Floor 7th Main Dwarka Nagar Hosakerehalli Bsk 3rd Stage (Near To Pe, S It), Bangalore, Karnataka, India – 560085
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Varakas Global Trade 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
Business activity
The main business activity of Varakas Global Trade is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of Varakas Global Trade Private Limited, buy the company report.
Financials of Varakas Global Trade Private Limited
FY 2025 filings availableVarakas Global Trade Private Limited reported revenue of ₹7.12 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. EBITDA fell 91% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹15,889 | ||||
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| Net Profit (PAT) | ₹15,889 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Varakas Global Trade Private Limited, buy the company report.
Board of directors of Varakas Global Trade Private Limited
Varakas Global Trade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Gopalan Also directs: Denovo Hitech Solutions Private Limited | Director | 27 Aug 2012 | 14 Years 2 Months | Current |
| Santhanalakshmi Venkatesh Also directs: Denovo Hitech Solutions Private Limited | Director | 27 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Varakas Global Trade Private Limited is audited by RAMU PARITALA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMU PARITALA & ASSOCIATES | FY 2023 | 023858S |
Shareholding
The shareholding of Varakas Global Trade 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 Varakas Global Trade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varakas Global Trade 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 Varakas Global Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varakas Global Trade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV1669F1Z2 | Karnataka | Active | 26 Jun 2021 |
To see the full GST registrations and return filing status of Varakas Global Trade Private Limited, buy the company report.
Recent activity
Varakas Global Trade Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Gopalan Hariraj ceased to be Additional Director on 31 Jan 2017.
Frequently asked questions
Varakas Global Trade is an active private limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U74110KA2012PTC065580.
Varakas Global Trade has 2 current directors:
- Venkatesh Gopalan - Director
- Santhanalakshmi Venkatesh - Director
The latest financial statements of Varakas Global Trade 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 Varakas Global Trade is 29AAECV1669F1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Varakas Global Trade is U74110KA2012PTC065580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varakas Global Trade was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopalan Hariraj ceased to be Additional Director on 31 Jan 2017. Gopalan Umapathi ceased to be Additional Director on 31 Jan 2017. Santhanalakshmi Venkatesh was appointed as Director on 27 Aug 2012. Varakas Global Trade has 4 board changes on record in total.
Varakas Global Trade can be reached through the website varakasglobal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Varakas Global Trade is at 38 2nd Floor 7th Main Dwarka Nagar Hosakerehalli Bsk 3rd Stage Near To Pe, S It, Bangalore, Karnataka, India – 560085.
Varakas Global Trade operates in the consumer goods industry, in the watches and jewelry manufacturing segment.