Startup India Government of India
Varchas Aerospace Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.33 Cr
▲ 201% YoY
Net profit · FY 2025
₹1.28 Cr
Net margin 15.4%
EBITDA · FY 2025
₹2 Cr
EBITDA margin 24%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
About Varchas Aerospace Private Limited
Data last updated:
Varchas Aerospace Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 16 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26515KA2023PTC170411. Its GSTIN is 29AAJCV2124N1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Dhananjaya Bennavara Muniswamy and Gopal Byre Gowda.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 15.4%) and EBITDA of ₹2 Cr (EBITDA margin 24%).
As per MCA filings, the company has open charges of ₹75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varchasaerospace.com.
Company details
CIN U26515KA2023PTC170411
Registration Number 170411
Incorporation Date 16 January 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Varchas Aerospace has one previous CIN (Corporate Identification Number): U72900KA2023PTC170411. The current CIN is U26515KA2023PTC170411, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26515KA2023PTC170411 | Current |
| U72900KA2023PTC170411 | Previous |
Recognitions & Rankings of Varchas Aerospace
Contact details
Varchas Aerospace Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address10th Floor, Raheja Towers, Bangalore, Karnataka, India – 560001
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
Comprehensive company report
Varchas Aerospace 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 activity of Varchas Aerospace is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Varchas Aerospace Private Limited, buy the company report.
Financials of Varchas Aerospace Private Limited
FY 2024 filings availableVarchas Aerospace Private Limited reported revenue of ₹8.33 Cr (up 201% YoY) for FY 2025.
Revenue · FY 2025
₹8.33 Cr ▲ 201%
Net profit · FY 2025
₹1.28 Cr margin 15.4%
EBITDA · FY 2025
₹2 Cr margin 24%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 201%
EBITDA CAGR growth
1 year
▲ 65%
Revenue rose 201% in the latest year. EBITDA rose 65% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹2 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.28 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24% | ||
| Net Profit Margin | 15.4% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Varchas Aerospace Private Limited, buy the company report.
Board of directors of Varchas Aerospace Private Limited
Varchas Aerospace has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjaya Bennavara Muniswamy Also directs: Defenos Systems Private Limited | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Gopal Byre Gowda | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2025 | 101136944 | Others | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Varchas Aerospace 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 Varchas Aerospace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varchas Aerospace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCV2124N1ZW | Karnataka | Active | 07 Feb 2023 |
To see the full GST registrations and return filing status of Varchas Aerospace Private Limited, buy the company report.
Recent activity
Varchas Aerospace Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Anusha Nara ceased to be Director on 17 Sep 2025.
Ceased
Anusha Nara ceased to be Director.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 101136944 was registered on 14 Jul 2025.
AGM
Varchas Aerospace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varchas Aerospace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Pavan Ramakrishna Reddy ceased to be Additional Director.
Appointed
Dhananjaya Bennavara Muniswamy was appointed as Director.
Appointed
Gopal Byre Gowda was appointed as Director.
Incorporation
16 Jan 2023
Varchas Aerospace Private Limited was registered on 16 Jan 2023 with Roc Bangalore & aged 3 years 9 months as per MCA records.
Frequently asked questions
Varchas Aerospace is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 16 January 2023 (3+ years old) and is registered under CIN U26515KA2023PTC170411.
Varchas Aerospace has 2 current directors:
- Dhananjaya Bennavara Muniswamy - Director
- Gopal Byre Gowda - Director
The latest financial statements of Varchas Aerospace 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 2023 are in the company report.
The GSTIN of Varchas Aerospace is 29AAJCV2124N1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Varchas Aerospace is U26515KA2023PTC170411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varchas Aerospace was incorporated on 16 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Anusha Nara ceased to be Director on 17 Sep 2025. Pavan Ramakrishna Reddy ceased to be Additional Director on 02 Nov 2023. Dhananjaya Bennavara Muniswamy was appointed as Director on 16 Jan 2023. Varchas Aerospace has 4 board changes on record in total.
Yes, Varchas Aerospace is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Varchas Aerospace can be reached through the website varchasaerospace.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Varchas Aerospace is at 10th Floor, Raheja Towers, Bangalore, Karnataka, India – 560001.