Varav Biogenesis Private Limited

Varav Biogenesis Private Limited - pharma in Panipat, Haryana, India. FY 2026 financials & compliance.
CIN U24233HR2010PTC039919 Incorporated 06 January 2010 ROC Haryana HQ Panipat, Haryana, India
Active Private Limited Company pharma MSME · Medium
Data last updated
Revenue · FY 2024
₹56.89 Cr
▼ 6% YoY
Net profit · FY 2024
₹3.56 Cr
Net margin 6.3%
EBITDA · FY 2024
₹8.14 Cr
EBITDA margin 14.3%
Authorised capital
₹1.45 Cr
Registered with MCA
Paid-up capital
₹1.36 Cr
Issued & subscribed
Open charges
₹30.81 Cr
Satisfied ₹34.97 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
272
Provident fund records

About Varav Biogenesis Private Limited

Data last updated:

Varav Biogenesis Private Limited is a private limited company based in Panipat, Haryana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 06 January 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U24233HR2010PTC039919. Its GSTIN is 06AADCV1654M1Z3 (Haryana). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.45 Cr and a paid-up capital of ₹1.36 Cr. It is led by directors including Manoj Garg and Ashok Kumar.

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 Plot No. 241 Sector – 29 HUDA, Panipat, Haryana, India – 132103.

As per the financials filed for FY 2024, the company reported a revenue of ₹56.89 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.56 Cr (net margin 6.3%) and EBITDA of ₹8.14 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.

The company has about 272 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹30.81 Cr and satisfied charges of ₹34.97 Cr on record. Court records list 51 cases involving the company, including 40 filed by the company and 11 filed against it; 10 cases are pending.

Varav Biogenesis Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-10-0000840). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24233HR2010PTC039919
Registration Number 039919
Incorporation Date 06 January 2010
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HP-10-0000840
Key People
Manoj Garg Director Ashok Kumar Director Mamta Director

Recognitions & Rankings of Varav Biogenesis

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-HP-10-0000840

Contact details

Varav Biogenesis Private Limited's registered office is in Panipat, Haryana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 241 Sector – 29 HUDA, Panipat, Haryana, India – 132103
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Varav Biogenesis Private Limited, buy the company report.

Comprehensive company report
Varav Biogenesis Private Limited - one report that includes everything
  • 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
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Business activity

The main business activities of Varav Biogenesis are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Varav Biogenesis Private Limited, buy the company report.

Financials of Varav Biogenesis Private Limited

FY 2025 filings available

Varav Biogenesis Private Limited reported revenue of ₹56.89 Cr (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹56.89 Cr ▼ 6%
Net profit · FY 2024
₹3.56 Cr margin 6.3%
EBITDA · FY 2024
₹8.14 Cr margin 14.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 7% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations₹56.89 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.56 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.3%
Net Profit Margin6.3%
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 Varav Biogenesis Private Limited, buy the company report.

Board of directors of Varav Biogenesis Private Limited

Varav Biogenesis has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj Garg
Also directs: Yug Dyers & Processors Private Limited, Curewell Limited, Curewell Biotech Limited and 5 more
Director06 Jan 201016 Years 9 MonthsCurrent
Ashok Kumar
Also directs: Yug Dyers & Processors Private Limited, Curewell Limited, Curewell Biotech Limited and 5 more
Director06 Jan 201016 Years 9 MonthsCurrent
Mamta
Also directs: Curewell Limited, Curewell Biotech Limited, Horizon Bioceuticals Pvt Ltd and 1 more
Director06 Jan 201016 Years 9 MonthsCurrent
Surinder Sharma
Also directs: Curewell Limited, Horizon Bioceuticals Pvt Ltd
Director23 Aug 201412 Years 2 MonthsCurrent
Charanjit Kumar
Also directs: Curewell Limited, Curewell Biotech Limited, Abble Biological Private Limited and 4 more
Director06 Jan 201016 Years 9 MonthsCurrent
View all directors

Auditor

Varav Biogenesis Private Limited is audited by VINOD GROVER AND ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
VINOD GROVER AND ASSOCIATESFY 20240013331N

Shareholding

The shareholding of Varav Biogenesis Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varav Biogenesis Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.81 Cr
Satisfied charges
₹34.97 Cr
Breakdown by lending institutions
Axis Bank Limited₹22.20 Cr
Others₹5.08 Cr
Sidbi₹3.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2026101260769Sidbi₹2 CrOpen
20 Mar 2026101260823Sidbi₹1.53 CrOpen
05 Dec 2024101013936Others₹4.75 CrOpen
20 Oct 2023100819300Others₹33 LakhOpen
30 May 2022100577857Axis Bank Limited₹1.2 CrOpen

To see the full charge records of Varav Biogenesis Private Limited, buy the company report.

Total charge records: 15 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varav Biogenesis Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Varav Biogenesis Private Limited has a workforce of 272 employees on its EPFO records as of Oct 10, 2025, across 2 active EPFO establishments.

Employee count
272
Active EPFO establishments
2
Employee growth
20.35%

GST

Varav Biogenesis has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
06AADCV1654M1Z3HaryanaActive01 Jul 2017
02AADCV1654M1ZBHimachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Varav Biogenesis Private Limited, buy the company report.

Recent activity

Varav Biogenesis Private Limited has 6 board changes on record since 2010: 5 appointments and 1 cessation. The latest: Surinder Sharma ceased to be Additional Director on 23 Sep 2014.

Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101260769 was registered on 20 Mar 2026.
Charges
A charge with Sidbi amounted to Rs. 1.53 Cr with Charge ID 101260823 was registered on 20 Mar 2026.
AGM
Varav Biogenesis Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varav Biogenesis Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Charges
A charge with Axis Bank Limited of Rs. 1.20 Cr registered on 30 May 2022 with Charge ID 100577857 was modified on 11 Mar 2025.
Charges
A charge registered on 14 Jun 2021 via Charge ID 100481317 with Axis Bank Limited was fully satisfied on 03 Jan 2025.
Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 101013936 was registered on 05 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100819300 was registered on 20 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 14.00 Cr registered on 19 Feb 2022 with Charge ID 100540049 was modified on 16 May 2023.
Charges
A charge registered on 30 May 2016 via Charge ID 100042341 with Axis Bank Limited was fully satisfied on 07 Jan 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100577857 was registered on 30 May 2022.
Charges
A charge registered on 29 Jan 2018 via Charge ID 100161195 with Hdfc Bank Limited was fully satisfied on 25 Mar 2022.

26 earlier events are in the company report.

Frequently asked questions

Varav Biogenesis is an active private limited company based in Panipat, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 06 January 2010 (16+ years old) and is registered under CIN U24233HR2010PTC039919.

Varav Biogenesis has 5 current directors:

The latest financial statements of Varav Biogenesis 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 2015 are in the company report.

The GSTIN of Varav Biogenesis is 06AADCV1654M1Z3, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 02AADCV1654M1ZB (Himachal Pradesh).

The CIN (Corporate Identification Number) of Varav Biogenesis is U24233HR2010PTC039919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varav Biogenesis has 51 court cases on record: 40 filed by the company and 11 filed against it. 10 are pending. Most are in the high courts.

Varav Biogenesis was incorporated on 06 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Haryana.

Surinder Sharma ceased to be Additional Director on 23 Sep 2014. Surinder Sharma was appointed as Director on 23 Aug 2014. Ashok Kumar was appointed as Director on 06 Jan 2010. Varav Biogenesis has 6 board changes on record in total.

Yes, Varav Biogenesis is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-10-0000840).

The registered office of Varav Biogenesis is at Plot No. 241 Sector – 29 HUDA, Panipat, Haryana, India – 132103.