Varalakshmi Enterprises LLP
About Varalakshmi Enterprises LLP
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Varalakshmi Enterprises LLP is a limited liability partnership (LLP) based in Banglaore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 August 2010 and has been in existence for over 16 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAA-1965. Its GSTIN is 29AAIFV2358Q1Z9 (Karnataka). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹4.6 Cr. It is led by designated partners Srinivas Bommidala and Buchisanyasi Raju Grandhi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 25/1 Skip House Museum Road, Banglaore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹5.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.96 Lakh (net margin 2.9%) and EBITDA of ₹27.61 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 70% over five years.
As per MCA filings, the LLP has open charges of ₹690 Cr on record.
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- Registered Address25/1 Skip House Museum Road, Banglaore, Karnataka, India – 560025
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Financials of Varalakshmi Enterprises LLP FY 2025 filings available
Varalakshmi Enterprises LLP reported revenue of ₹5.78 Cr (up 1046% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Varalakshmi Enterprises LLP
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years. EBITDA fell 99% 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 of Varalakshmi Enterprises LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹16.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Varalakshmi Enterprises LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Varalakshmi Enterprises are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Varalakshmi Enterprises LLP
Varalakshmi Enterprises LLP is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edvantech Solutions Private Limited | ₹5.79 Cr (FY 2023) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
| Kalpavruksha Financial Advisory Services Private Limited | ₹5.79 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Lyra Mental Health India Private Limited | ₹5.79 Cr (FY 2025) | •••• | •••• | 306517.0% | •••• | Mumbai, Maharashtra, India |
| Nirtex Exports and Investment Private Limited | ₹5.79 Cr (FY 2024) | •••• | •••• | 258.0% | •••• | Mumbai, Maharashtra, India |
| Prasom Facilities Management (India) Private Limited | ₹5.78 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Shirur, Maharashtra, India |
| Varalakshmi Enterprises LLP this company | ₹5.78 Cr (FY 2024) | •••• | •••• | 1046.0% | •••• | Banglaore, Karnataka, India |
| Annbaks Technovate Private Limited | ₹5.78 Cr (FY 2025) | •••• | •••• | 292.0% | •••• | Delhi, India |
| Connect Capital Private Limited | ₹5.78 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Mumbai, Maharashtra, India |
| PR Ultra Security Private Limited | ₹5.78 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | Gurgaon, Haryana, India |
| Eskay Infrastructure Development Private Limited | ₹5.77 Cr (FY 2025) | •••• | •••• | 138.0% | •••• | Mumbai, Maharashtra, India |
| Vithal Kripa Private Limited | ₹5.77 Cr (FY 2025) | •••• | •••• | 244.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Varalakshmi Enterprises by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Designated Partners of Varalakshmi Enterprises LLP
Varalakshmi Enterprises has 2 current designated partners and 10 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Bommidala Also directs: B S R Infrastructure LLP, Sukreeda Sports and Entertainment LLP, Rosewood Realty Solutions LLP and 5 more | Designated Partner | 20 Aug 2025 | 1 Years 1 Months | Current |
| Buchisanyasi Raju Grandhi Also directs: Sukreeda Sports and Entertainment LLP, Rosewood Realty Solutions LLP, Enigmatic Bizsolutions LLP and 5 more | Designated Partner | 20 Aug 2025 | 1 Years 1 Months | Current |
Charges & Borrowings of Varalakshmi Enterprises LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2025 | Vistra Itcl (India) Limited | ₹325 Cr | Open |
| 27 Oct 2025 | Vistra Itcl (India) Limited | ₹300 Cr | Open |
| 26 Mar 2019 | Aditya Birla Finance Limited | ₹65 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Varalakshmi Enterprises LLP
Employment history and EPFO contributions of people linked to Varalakshmi Enterprises.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Varalakshmi Enterprises LLP
Varalakshmi Enterprises LLP has 12 designated partner changes on record since 2010: 4 appointments and 8 cessations. The latest: Buchisanyasi Raju Grandhi was appointed as Designated Partner on 20 Aug 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varalakshmi Enterprises LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Varalakshmi Enterprises LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Varalakshmi Enterprises LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Varalakshmi Enterprises LLP
Varalakshmi Enterprises has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAIFV2358Q1Z9 | Karnataka | Active | 28 Jan 2018 |
| 36AAIFV2358Q1ZE | Telangana | Active | 28 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varalakshmi Enterprises LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varalakshmi Enterprises LLP
Varalakshmi Enterprises is an active limited liability partnership based in Banglaore, Karnataka, India. The LLP works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 05 August 2010 (16+ years old) and is registered under LLPIN AAA-1965.
Varalakshmi Enterprises reported revenue of ₹5.78 Cr for FY 2024 (up 1046% YoY).
Varalakshmi Enterprises has 2 current designated partners:
- Srinivas Bommidala - Designated Partner
- Buchisanyasi Raju Grandhi - Designated Partner
Varalakshmi Enterprises reported a net profit of ₹16.96 Lakh (net margin 2.9%) and EBITDA of ₹27.61 Lakh (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varalakshmi Enterprises is 116% over three years and 70% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varalakshmi Enterprises is 29AAIFV2358Q1Z9, registered in Karnataka. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAIFV2358Q1ZE (Telangana).
The LLPIN (Limited Liability Partnership Identification Number) of Varalakshmi Enterprises is AAA-1965. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Varalakshmi Enterprises was incorporated on 05 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Varalakshmi Enterprises by revenue are Edvantech Solutions Private Limited, Kalpavruksha Financial Advisory Services Private Limited, Lyra Mental Health India Private Limited, Nirtex Exports and Investment Private Limited, Prasom Facilities Management (India) Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, HR Outsourcing).
Buchisanyasi Raju Grandhi was appointed as Designated Partner on 20 Aug 2025. Chakka Srinivasa Rao ceased to be Designated Partner on 20 Aug 2025. Purnachandrarao Gollapudi ceased to be Designated Partner on 20 Aug 2025. Varalakshmi Enterprises has 12 designated partner changes on record in total.
The registered office of Varalakshmi Enterprises is at 251 Skip House Museum Road, Banglaore, Karnataka, India – 560025.