Varangita IT Solutions Private Limited
About Varangita IT Solutions Private Limited
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Varangita IT Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 15 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC291261.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nimesh Nanubhai Patel and Nehil Gautamchand Dugar.
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 Flat No. 17 Mehta Building 2nd Floor 26 Kirol Road Cama Lane, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.14 Lakh, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Lakh (net margin 7%) and EBITDA of ₹1.8 Lakh (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varangita IT Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 17 Mehta Building 2nd Floor 26 Kirol Road Cama Lane, Mumbai, Maharashtra, India – 400086
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Varangita IT Solutions 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 Varangita IT Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Varangita IT Solutions Private Limited, buy the company report.
Financials of Varangita IT Solutions Private Limited
FY 2025 filings availableVarangita IT Solutions Private Limited reported revenue of ₹19.14 Lakh (up 101% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 101% growth in the latest year. EBITDA rose 60% 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 | ₹1.8 Lakh | ||||
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| Net Profit (PAT) | ₹1.35 Lakh | ||||
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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 | 9.4% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Varangita IT Solutions Private Limited, buy the company report.
Board of directors of Varangita IT Solutions Private Limited
Varangita IT Solutions has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Nanubhai Patel | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
| Nehil Gautamchand Dugar | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Varangita IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acro Exim Private Limited | ₹19.18 Lakh (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Panchtatva Associates Private Limited | ₹19.18 Lakh (FY 2025) | 0.0% | Delhi, India | |||
| Minesphere Private Limited | ₹19.18 Lakh (FY 2024) | -67.0% | Nagpur, Maharashtra, India | |||
| Digindia Tradelink Private Limited | ₹19.16 Lakh (FY 2025) | 4.0% | Kalyan, Maharashtra, India | |||
| Avsun Infinity Private Limited | ₹19.15 Lakh (FY 2025) | Ghaziabad, Uttar Pradesh, India | ||||
| Varangita IT Solutions Private Limitedthis company | ₹19.14 Lakh (FY 2025) | ₹1.35 Lakh | 7% | 101.0% | Mumbai, Maharashtra, India | |
| Haji Abdul Salam Traders and Stationary Private Limited | ₹19.12 Lakh (FY 2025) | 142.0% | Ramanagar, Karnataka, India | |||
| Brijansh Business Consultants Private Limited | ₹19.12 Lakh (FY 2024) | 54.0% | Noida, Uttar Pradesh, India | |||
| One to All Solutions Private Limited | ₹19.11 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Satwisha Healthcare (OPC) Private Limited | ₹19.09 Lakh (FY 2025) | 2.0% | Guwahati, Assam, India | |||
| Manish Bearings Private Limited | ₹19.09 Lakh (FY 2025) | -52.0% | Delhi, India |
To see the full peer comparison of Varangita IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varangita IT Solutions 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 Varangita IT Solutions 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 Varangita IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varangita IT Solutions Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Abhaykumar Vijaykumar Jain ceased to be Director on 01 Jan 2021.
1 earlier event is in the company report.
Frequently asked questions
Varangita IT Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 15 February 2017 (9+ years old) and is registered under CIN U72900MH2017PTC291261.
Varangita IT Solutions has 2 current directors:
- Nimesh Nanubhai Patel - Director
- Nehil Gautamchand Dugar - Director
The latest financial statements of Varangita IT Solutions 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Varangita IT Solutions is U72900MH2017PTC291261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varangita IT Solutions was incorporated on 15 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varangita IT Solutions by revenue are Acro Exim Private Limited, Panchtatva Associates Private Limited, Minesphere Private Limited, Digindia Tradelink Private Limited, Avsun Infinity Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Abhaykumar Vijaykumar Jain ceased to be Director on 01 Jan 2021. Jyoti Abhay Jain ceased to be Director on 01 Jan 2021. Nehil Gautamchand Dugar was appointed as Director on 01 Jan 2021. Varangita IT Solutions has 10 board changes on record in total.
The registered office of Varangita IT Solutions is at Flat No. 17 Mehta Building 2nd Floor 26 Kirol Road Cama Lane, Mumbai, Maharashtra, India – 400086.
Varangita IT Solutions operates in the information technology industry, in the other computer related activities segment.
The compliance status of Varangita IT Solutions is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
Varangita IT Solutions can be reached at its registered office: Flat No. 17 Mehta Building 2nd Floor 26 Kirol Road Cama Lane, Mumbai, Maharashtra, India – 400086.