About Varasiddhi Infrastructures Private Limited
Data last updated:
Varasiddhi Infrastructures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2006PTC160059. Its GSTIN is 27AACCV2854J2Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.5 Lakh. It is led by directors including Amit Shantaram Kulkarni (Managing Director) and Mahesh Bhimraj Zulup.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 50 A Gaurishnkar Road No 2 Pestam Sagar Nr Rane Hospital Chembur, Mumbai, Maharashtra, India – 400039.
As per the financials filed for FY 2019, the company reported a revenue of ₹86,502, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹99.33 Lakh and EBITDA of -₹69.95 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 56% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varasiddhi Infrastructures Pvt Ltd. As per MCA filings, the company has satisfied charges of ₹7.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varasiddhi.co.in.
Company details
Contact details
Varasiddhi Infrastructures Private Limited's registered office is in Mumbai, Maharashtra. Its website is varasiddhi.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address50 A Gaurishnkar Road No 2 Pestam Sagar Nr Rane Hospital Chembur, Mumbai, Maharashtra, India – 400039
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Varasiddhi Infrastructures 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
Brands
Varasiddhi Infrastructures operates one associated brand: Varasiddhi Infrastructures Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate redevelopment and construction services in Mumbai. | varasiddhi.co.in |
Financials of Varasiddhi Infrastructures Private Limited
FY 2019 filings availableVarasiddhi Infrastructures Private Limited reported revenue of ₹86,502 (down 98% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 98% fall in the latest year. EBITDA fell 317% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹86,502 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹69.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹99.33 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Varasiddhi Infrastructures Private Limited, buy the company report.
Board of directors of Varasiddhi Infrastructures Private Limited
Varasiddhi Infrastructures has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Shantaram Kulkarni Also directs: Varasiddhi Vinayak Infra Project LLP | Managing Director | 27 Feb 2006 | 20 Years 7 Months | Current |
| Mahesh Bhimraj Zulup Also directs: Varasiddhi Vinayak Infra Project LLP | Director | 02 Jan 2009 | 17 Years 9 Months | Current |
| Bhushan Bhikaji Nikam | Director | 02 Jan 2009 | 17 Years 9 Months | Current |
| Vipin Mohan Joshi Also directs: VDV Infrastructures LLP, Vipl Varasiddhi Infra Project LLP, VDV Buildcon LLP and 4 more | Director | 25 Dec 2006 | 19 Years 10 Months | Current |
| Bhalchandra Suresh Walanju Also directs: VDV Infrastructures LLP, Vipl Varasiddhi Infra Project LLP, VDV Buildcon LLP and 5 more | Director | 27 Feb 2006 | 20 Years 7 Months | Current |
Peer comparison
Varasiddhi Infrastructures Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skylark Estateventures Private Limited | ₹86,805 (FY 2025) | -13.0% | Secunderabad, Telangana, India | |||
| Tdi Hotels and Resorts Limited | ₹86,785 (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Unique Commercial Estate Developers Private Limited | ₹86,711 (FY 2025) | New Delhi, Delhi, India | ||||
| Prakruti Investments Pvt Ltd | ₹86,592 (FY 2022) | -94.0% | Mumbai, Maharashtra, India | |||
| Sunflower Nursing Home Pvt Ltd | ₹86,585 (FY 2025) | 42.0% | Howrah, West Bengal, India | |||
| Varasiddhi Infrastructures Private Limitedthis company | ₹86,502 (FY 2019) | -₹99.33 Lakh | -98.0% | Mumbai, Maharashtra, India | ||
| Suparshwa Shelters Private Limited | ₹86,499 (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Kathayee Cotton Mills Private Limited | ₹86,450 (FY 2025) | -99.0% | Alwaye, Kerala, India | |||
| Trident Realtors Private Limited | ₹86,400 (FY 2020) | -93.0% | Vadodara, Gujarat, India | |||
| Indradev Projects Private Limited | ₹86,325 (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Aaditya Recreation Industries Private Limited | ₹86,155 (FY 2022) | -84.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Varasiddhi Infrastructures Private Limited, buy the company report.
Auditor
Varasiddhi Infrastructures Private Limited is audited by Y. S. Muzumdar for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. S. Muzumdar | FY 2019 | 033704 |
Shareholding
The shareholding of Varasiddhi Infrastructures Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varasiddhi Infrastructures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2012 | 10392341 | Bank of Maharashtra | ₹7.5 Cr | Satisfied |
To see the full charge records of Varasiddhi Infrastructures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varasiddhi Infrastructures Private Limited has 1 court case on record: 1 filed by Varasiddhi Infrastructures. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Nityanand Baug Cooperative Housing Society Limited | Pending |
To see the full case history of Varasiddhi Infrastructures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varasiddhi Infrastructures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varasiddhi Infrastructures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV2854J2Z1 | Maharashtra | Active | 05 Jun 2018 |
To see the full GST registrations and return filing status of Varasiddhi Infrastructures Private Limited, buy the company report.
Recent activity
Varasiddhi Infrastructures Private Limited has 5 board changes on record since 2006: 5 appointments. The latest: Bhushan Bhikaji Nikam was appointed as Director on 02 Jan 2009.
Frequently asked questions
Varasiddhi Infrastructures is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 February 2006 (20+ years old) and is registered under CIN U45200MH2006PTC160059.
Varasiddhi Infrastructures has 5 current directors:
- Amit Shantaram Kulkarni - Managing Director
- Mahesh Bhimraj Zulup - Director
- Bhushan Bhikaji Nikam - Director
- Vipin Mohan Joshi - Director
- Bhalchandra Suresh Walanju - Director
The latest financial statements of Varasiddhi Infrastructures on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Varasiddhi Infrastructures is 27AACCV2854J2Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Varasiddhi Infrastructures is U45200MH2006PTC160059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varasiddhi Infrastructures has 1 court case on record: 1 filed by the company. 1 is pending.
Varasiddhi Infrastructures was incorporated on 27 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varasiddhi Infrastructures by revenue are Skylark Estateventures Private Limited, Tdi Hotels and Resorts Limited, Unique Commercial Estate Developers Private Limited, Prakruti Investments Pvt Ltd, Sunflower Nursing Home Pvt Ltd and 5 more, all in the Real Estate industry (Builders and Developers).
Bhushan Bhikaji Nikam was appointed as Director on 02 Jan 2009. Mahesh Bhimraj Zulup was appointed as Director on 02 Jan 2009. Vipin Mohan Joshi was appointed as Director on 25 Dec 2006. Varasiddhi Infrastructures has 5 board changes on record in total.
Varasiddhi Infrastructures can be reached through the website varasiddhi.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Varasiddhi Infrastructures is at 50 A Gaurishnkar Road No 2 Pestam Sagar Nr Rane Hospital Chembur, Mumbai, Maharashtra, India – 400039.