- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-09-0004035

About Varaneek Technologies Private Limited
Data last updated:
Varaneek Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC115814. Its GSTIN is 36AAFCV8123M1ZW (Telangana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Swetha Gattupally and Nitish Reddy Meka.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.56 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹7 Lakh (net margin 1.1%) and EBITDA of ₹58.11 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 116% over five years.
The company is associated with 1 brand: Varaneek Technologies. As per MCA filings, the company has open charges of ₹1.01 Cr on record.
Varaneek Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0004035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varaneektech.com.
Recognitions & Rankings of Varaneek Technologies
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH.No 6 – 3 – 109/13 To 15/104, Flat No 104 1st Floor Amrutha Ville Opp Yashoda Hospital Rajbhavan Road, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands
Varaneek Technologies operates one associated brand: Varaneek Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a comprehensive suite of IT services to enhance daily business operations. | varaneektech.com |
Business Activity
The main business activity of Varaneek Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Varaneek Technologies Private Limited
FY 2024 filings availableVaraneek Technologies Private Limited reported revenue of ₹6.56 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 72% growth in the latest year. EBITDA rose 24% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹58.11 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹7 Lakh | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.9% | |
| Net Profit Margin | 1.1% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varaneek Technologies are in the company report.
: available in the company report
Board of Directors of Varaneek Technologies Private Limited
Varaneek Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swetha Gattupally | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
| Nitish Reddy Meka | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
Peer Comparison
Varaneek Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other support services to organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajswami Tradecom India Private Limited | ₹6.57 Cr (FY 2023) | •••• | •••• | 52237.0% | •••• | Delhi, India |
| Toyota Enterprise India Private Limited | ₹6.57 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Lera Investment Technologies India Private Limited | ₹6.57 Cr (FY 2023) | •••• | •••• | 372.0% | •••• | Pune, Maharashtra, India |
| Kinetic Facilities Management Private Limited | ₹6.57 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Noida, Uttar Pradesh, India |
| Arclight Facilities Private Limited | ₹6.56 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Thane, Maharashtra, India |
| Varaneek Technologies Private Limited this company | ₹6.56 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Hyderabad, Telangana, India |
| Radiant E Serve Private Limited | ₹6.56 Cr (FY 2025) | •••• | •••• | 279.0% | •••• | Chennai, Tamil Nadu, India |
| Values Outsourcing Private Limited | ₹6.56 Cr (FY 2024) | •••• | •••• | 637.0% | •••• | Bangalore, Karnataka, India |
| Sunxray Energy Private Limited | ₹6.55 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Jaipur, Rajasthan, India |
| Nisargika Environment Private Limited | ₹6.55 Cr (FY 2021) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Digital Topup Payment System Private Limited | ₹6.55 Cr (FY 2025) | •••• | •••• | 3282.0% | •••• | Pingla, West Bengal, India |
Peers are the companies nearest to Varaneek Technologies by revenue, above and below it, in the same principal business activity (other support services to organizations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Varaneek Technologies Private Limited is audited by S R KUMAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R KUMAR & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2024 | Others | ₹85 Lakh | Open |
| 08 Aug 2022 | Hdfc Bank Limited | ₹15.56 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Varaneek Technologies.
: available in the company report
Recent Activity
Varaneek Technologies Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Siva Ranjan Dannarapu ceased to be Director on 07 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Varaneek Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV8123M1ZW | Telangana | Active | 18 May 2018 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Varaneek Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 March 2017 (9+ years old) and is registered under CIN U72900TG2017PTC115814.
Varaneek Technologies has 2 current directors:
- Swetha Gattupally - Director
- Nitish Reddy Meka - Director
The latest financial statements of Varaneek Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Varaneek Technologies is 36AAFCV8123M1ZW, registered in Telangana.
The CIN (Corporate Identification Number) of Varaneek Technologies is U72900TG2017PTC115814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varaneek Technologies was incorporated on 10 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varaneek Technologies by revenue are Rajswami Tradecom India Private Limited, Toyota Enterprise India Private Limited, Lera Investment Technologies India Private Limited, Kinetic Facilities Management Private Limited, Arclight Facilities Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Siva Ranjan Dannarapu ceased to be Director on 07 Mar 2019. Swetha Gattupally was appointed as Director on 07 Mar 2019. Ranjith Kumar Macharla ceased to be Director on 21 Aug 2017. Varaneek Technologies has 5 board changes on record in total.
Yes, Varaneek Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0004035).
Varaneek Technologies can be reached through the website varaneektech.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Varaneek Technologies is at H.No 6 – 3 – 10913 To 15104, Flat No 104 1st Floor Amrutha Ville Opp Yashoda Hospital Rajbhavan Road, Hyderabad, Telangana, India – 500082.