Varamma Versatile Venture Private Limited
About Varamma Versatile Venture Private Limited
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Varamma Versatile Venture Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 19 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC125198.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Suvarna Kumbham and Akhil Kumar Varikuti.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at P. No. 17 & 24 Karvy Computer Shar Reliance Cyber Ville Vittal Rao Nagar, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.42 Lakh. For the same year it recorded a net loss of ₹2.59 Lakh (net margin -75.9%) and EBITDA of -₹2.45 Lakh (EBITDA margin -71.8%).
Company details
Contact details
Varamma Versatile Venture Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressP. No. 17 & 24 Karvy Computer Shar Reliance Cyber Ville Vittal Rao Nagar, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Other Computer Related Activities
- 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 Varamma Versatile Venture is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Varamma Versatile Venture Private Limited, buy the company report.
Financials of Varamma Versatile Venture Private Limited
FY 2019 filings availableVaramma Versatile Venture Private Limited reported revenue of ₹3.42 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
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| Total Expenses | |
| EBITDA | -₹2.45 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.59 Lakh |
| Balance Sheet | |
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Financial Ratios
| Metrics | FY 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -71.8% |
| Net Profit Margin | -75.9% |
| Return on Equity (ROE) | |
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To see the full financial statements and ratios of Varamma Versatile Venture Private Limited, buy the company report.
Board of directors of Varamma Versatile Venture Private Limited
Varamma Versatile Venture has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvarna Kumbham | Director | 31 Aug 2020 | 6 Years 2 Months | Current |
| Akhil Kumar Varikuti | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Varamma Versatile Venture Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chhajlany Trading and Investments Private Limited | ₹3.43 Lakh (FY 2017) | 44.0% | Indore, Madhya Pradesh, India | |||
| Surya Industrial Developments Ltd | ₹3.42 Lakh (FY 2022) | -38.0% | Kolkata, West Bengal, India | |||
| Shree Ji Sharda Nidhi Limited | ₹3.42 Lakh (FY 2024) | -3.0% | Rajsamand, Rajasthan, India | |||
| Amader Post Harvest Private Limited | ₹3.42 Lakh (FY 2022) | -98.0% | Hooghly, West Bengal, India | |||
| Chipadh Nath Shahyog Nidhi Limited | ₹3.42 Lakh (FY 2023) | 337.0% | Shahdol, Madhya Pradesh, India | |||
| Varamma Versatile Venture Private Limitedthis company | ₹3.42 Lakh (FY 2019) | -₹2.59 Lakh | -75.9% | Hyderabad, Telangana, India | ||
| Rewari Trading Services Private Limited | ₹3.42 Lakh (FY 2021) | Rewari, Haryana, India | ||||
| Freedom Life India Nidhi Limited | ₹3.42 Lakh (FY 2018) | 190.0% | Orai, Uttar Pradesh, India | |||
| Rankasons Finlease India Private Limited | ₹3.41 Lakh (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| AI Forex Private Limited | ₹3.41 Lakh (FY 2021) | -100.0% | Pune, Maharashtra, India | |||
| MKB Securities Private Limited | ₹3.41 Lakh (FY 2017) | -50.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Varamma Versatile Venture Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varamma Versatile Venture 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 Varamma Versatile Venture 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 Varamma Versatile Venture Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varamma Versatile Venture Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Kanchamreddy Mohankrishna Reddy ceased to be Director on 31 Aug 2020.
Frequently asked questions
Varamma Versatile Venture is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 19 June 2018 (8+ years old) and is registered under CIN U72900TG2018PTC125198.
Varamma Versatile Venture has 2 current directors:
- Suvarna Kumbham - Director
- Akhil Kumar Varikuti - Director
The latest financial statements of Varamma Versatile Venture on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Varamma Versatile Venture is U72900TG2018PTC125198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varamma Versatile Venture was incorporated on 19 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varamma Versatile Venture by revenue are Chhajlany Trading and Investments Private Limited, Surya Industrial Developments Ltd, Shree Ji Sharda Nidhi Limited, Amader Post Harvest Private Limited, Chipadh Nath Shahyog Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Kanchamreddy Mohankrishna Reddy ceased to be Director on 31 Aug 2020. Suvarna Kumbham was appointed as Director on 31 Aug 2020. Akhil Kumar Varikuti was appointed as Director on 19 Jun 2018.
The registered office of Varamma Versatile Venture is at P. No. 17 & 24 Karvy Computer Shar Reliance Cyber Ville Vittal Rao Nagar, Hyderabad, Telangana, India – 500081.
Varamma Versatile Venture operates in the information technology industry, in the other computer related activities segment.
Varamma Versatile Venture can be reached at its registered office: P. No. 17 & 24 Karvy Computer Shar Reliance Cyber Ville Vittal Rao Nagar, Hyderabad, Telangana, India – 500081.
Varamma Versatile Venture is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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